First State Bank

Waynesboro, MS
IDRSSD: 924236
Total Assets
$949.76M
Latest filing
Total Deposits
$852.41M
Latest filing
Net Interest Margin
2.92%
Profitability

Key People

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Locations

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Main Office
First State Bank
708 Azalea Dr
Waynesboro, MS 39367
Full Service - Brick and Mortar
Updated 01/30/2026Established 05/01/1934FDIC Certificate 9939

Branches (15)

Page 1 of 3
NameAddressCity / State
First State Bank (Main)708 Azalea DrWaynesboro, MS
STATE LINE BRANCH261 Saint Peter StState Line, MS
DRIVE-IN BRANCH2364 Buckatunna Chicora Clara RdBuckatunna, MS
CLARA BRANCH35 Buckatunna Chicora Clara RdWaynesboro, MS
NORTHSIDE MINI-BANK BRANCH902 Robinson StWaynesboro, MS
MORTGAGE LOAN CENTER BRANCH717 Wayne StWaynesboro, MS
QUITMAN BRANCH310 S Archusa AveQuitman, MS
GATEWAY BRANCH12139 Highway 63 SLucedale, MS
Showing 7 of 15

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date05/01/1934
Community BankYes
Ownership TypeNot Mutual
ZIP39367
State and County Number28153
Subchapter S CorporationsNo
Trust PowersFull Trust Powers Granted
Federal Reserve ID Number06
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictDallas
Core Based Statistical Area NameN/A

Operational Info

Number of Employees182
Domestic Offices16
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance05/01/1939
Primary Insurance AgencyDIF
Websitewww.firststatebnk.com
Data Updated01/30/2026
CERT15663
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$949.76M
Total Deposits$852.41M
Total Liabilities$858.85M
Total Equity Capital$90.92M
Net Income$899.00k
Net Loans and Leases$496.43M
Assets Per Employee ($Millions)$5.28M
Bank Premises and Fixed Assets$10.24M
Cash and Balances due from Depository Institutions$70.55M
Deposits Held in Domestic Offices$852.41M

Key Performance Ratios

Return on Assets (ROA)0.38%
Return on Equity (ROE)3.94%
Net Interest Margin2.92%
Efficiency Ratio77.99%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.13%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets9.573%
Earning Assets to total Assets93.24%

Income and Expense

Total Interest Income$11.00M
Total Noninterest Income$961.00k
Total Interest Expense$4.64M
Total Noninterest Expense$5.72M
Net Interest Income$6.37M
Pre-tax Net Operating Income$1.31M
Provision for Credit Losses$302.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets
Other Real Estate Owned$2.92M
Other borrowed funds$220.00k
Federal Funds Sold & Reverse Repurchase Agreement$15.00M
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$6.22M
Total Liabilities and Capital$949.76M

Securities

Securities$310.41M
Available-for-sale debt securities$309.77M
Equity securities with readily determinable fair values not held for trading
Held-to-maturity securities$632.00k
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of First State Bank?
$949.76M as of the latest filing.
How much are First State Bank's total deposits?
$852.41M in total deposits.
Where is First State Bank located?
Waynesboro, MS.
What is the Net Interest Margin?
2.92%.
How many domestic offices does it operate?
16.
When was it established?
05/01/1934.
What is the Return on Assets (ROA)?
0.38%.
How much are total loans and leases?
$496.43M (latest filing).
What is the total interest income (latest filing)?
$11.00M.