FirstState Bank

FirstState Bank is headquartered in Lineville and is the 55^th largest bank in the state of Alabama. It is also the 3,105^th largest bank in the nation. It was established in 1971 and as of March of 2012, it had grown to 46 employees at 3 locations. FirstState Bank's money market rates are 36% higher than the national average, and it has a 4-star health rating.

FirstState Bank Checking Account Rates

FirstState Bank Savings Account Rates

FirstState Bank Money Market Rates

Data for Q1 2012

Institution Statistics FirstState Bank FDIC Certificate # 20468 BankRate Report View Year Established 1971 Employees 46 Primary Regulator FDIC Assets and Liabilities Assets $200.53 million Loans $98.07 million Deposits $156.04 million Equity Capital $17.74 million Loan Loss Allowance $1.47 million Unbacked Noncurrent Loans $1.87 million Real Estate Owned $206,000 Historic Data - March 2011 Assets $189.92 million Equity Capital $13.13 million Loan Loss Allowance $1.74 million Unbacked Noncurrent Loans $3.28 million Real Estate Owned $327,000 Profit Margin - Quarterly Net Interest Margin 3.9% Return on Assets 1.21% Return on Equity 13.92% Interest Income $2.53 million

Institution Health Overall Score: 4 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 FirstState Bank had $2.07 million in non-current loans and owned real-estate with $19.21 million in equity and loan loss allowances on hand to cover it. This gives FirstState Bank a Texas Ratio of 10.79% 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 FirstState Bank decreased significantly from 24.27% as of March 31, 2011 to 10.79% as of March 31, 2012, resulting in a positive change of 55.53%.This indicates that the balance sheet and financial strength for FirstState Bank has improved significantly in recent periods. Deposit Growth In the past year, FirstState Bank has increased its total deposits by $5.98 million, resulting in 3.99% 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 FirstState Bank has shown is above average. Capitalization 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. FirstState Bank has $200.53 million in assets with $19.21 million in equity, resulting in a capitalization level of 9.58%, which is average.

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