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Overview / Commentary
917 Military Parkway
Mesquite, TX 75149

First State Bank (18621) is headquartered in Mesquite and is the 272nd largest bank in the state of Texas. It is also the 3,325th largest bank in the nation. It was established in 1962 and as of March of 2014, it had grown to 37 employees at 1 location. First State Bank (18621) has a B health rating.

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Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 First State Bank (18621) had $2.92 million in non-current loans and owned real-estate with $18.66 million in equity and loan loss allowances on hand to cover it. This gives First State Bank (18621) a Texas Ratio of 15.63% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for First State Bank (18621) decreased dramatically from 52.38% as of March 31, 2013 to 15.63% as of March 31, 2014, resulting in a positive change of 70.17%.This indicates that the balance sheet and financial strength for First State Bank (18621) has improved dramatically in recent periods.

Deposit Growth


In the past year, First State Bank (18621) has decreased its total deposits by -$6.96 million, resulting in -4.22% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth First State Bank (18621) has shown is below average.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. First State Bank (18621) has $175.88 million in assets with $18.66 million in equity, resulting in a capitalization level of 10.61%, which is above average.

Institution Statistics

FDIC Certificate #18621
Year Established1962
Primary RegulatorFDIC
Assets and Liabilities
Assets$175.88 million
Loans$47.01 million
Deposits$157.73 million
Equity Capital$15.43 million
Loan Loss Allowance$3.23 million
Unbacked Noncurrent Loans$1.19 million
Real Estate Owned$1.72 million
Historic Data - March 2013
Assets$186.26 million
Equity Capital$17.58 million
Loan Loss Allowance$6.71 million
Unbacked Noncurrent Loans$1.19 million
Real Estate Owned$3.30 million
Profit Margin - Quarterly
Net Interest Margin2.5%
Return on Assets-0.4%
Return on Equity-4.59%
Interest Income$1.10 million

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First State Bank (18621) Locations
First State Bank917 Military ParkwayMesquite, TX 75149