First State Bank of the Southeast, Inc

Middlesboro, KY
IDRSSD: 961811
Total Assets
$412.30M
Latest filing
Total Deposits
$272.91M
Latest filing
Net Interest Margin
3.67%
Profitability
0

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 Date01/04/1904
Community BankYes
Ownership TypeNot Mutual
ZIP40965
State and County Number21013
Subchapter S CorporationsYes
Trust PowersFull Trust Powers Granted
Federal Reserve ID Number04
Numeric code21
Insured by FDICInstitution closed or not insured by FDIC
Federal Reserve DistrictChicago
Core Based Statistical Area NameMiddlesborough, KY

Operational Info

Number of Employees72
Domestic Offices9
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date07/01/2025
Date of Deposit Insurance01/01/1934
Primary Insurance AgencyDIF
WebsiteN/A
Data Updated11/28/2025
CERT2710
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$412.30M
Total Deposits$272.91M
Total Liabilities$382.37M
Total Equity Capital$29.93M
Net Income$54.00k
Net Loans and Leases$351.86M
Assets Per Employee ($Millions)$5.73M
Bank Premises and Fixed Assets$11.63M
Cash and Balances due from Depository Institutions$20.88M
Deposits Held in Domestic Offices$272.91M

Key Performance Ratios

Return on Assets (ROA)0.05%
Return on Equity (ROE)0.71%
Net Interest Margin3.67%
Efficiency Ratio98.61%
Tier 1 Risk-Based Capital Ratio10.667%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets7.259%
Earning Assets to total Assets94.22%

Income and Expense

Total Interest Income$5.55M
Total Noninterest Income$326.00k
Total Interest Expense$1.98M
Total Noninterest Expense$3.84M
Net Interest Income$3.57M
Pre-tax Net Operating Income$54.00k
Provision for Credit Losses$0
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets
Other Real Estate Owned$0
Other borrowed funds$99.18M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$10.29M
Total Liabilities and Capital$412.30M

Securities

Securities$21.69M
Available-for-sale debt securities$21.69M
Equity securities with readily determinable fair values not held for trading
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of First State Bank of the Southeast, Inc?
$412.30M as of the latest filing.
How much are First State Bank of the Southeast, Inc's total deposits?
$272.91M in total deposits.
Where is First State Bank of the Southeast, Inc located?
Middlesboro, KY.
What is the Net Interest Margin?
3.67%.
How many domestic offices does it operate?
9.
When was it established?
01/04/1904.
What is the Return on Assets (ROA)?
0.05%.
How much are total loans and leases?
$351.86M (latest filing).
What is the total interest income (latest filing)?
$5.55M.