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979-648-2691
Highway 59 And Fm Road 1160
Louise, TX 77455

The First State Bank is headquartered in Louise and is the 165th largest bank in the state of Texas. It is also the 1,964th largest bank in the nation. It was established in 1956 and as of December of 2013, it had grown to 113 employees at 9 locations. The First State Bank has a A health rating.

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Health

Data for Q4 2013

Institution Health

A

Texas Ratio

GRADE:
A+

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 December 31, 2013 The First State Bank had $34,000 in non-current loans and owned real-estate with $27.17 million in equity and loan loss allowances on hand to cover it. This gives The First State Bank a Texas Ratio of 0.13% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A+

The Texas Ratio for The First State Bank decreased dramatically from 1.90% as of December 31, 2012 to 0.13% as of December 31, 2013, resulting in a positive change of 93.41%.This indicates that the balance sheet and financial strength for The First State Bank has improved dramatically in recent periods.

Deposit Growth

GRADE:
A+

In the past year, The First State Bank has increased its total deposits by $18.55 million, resulting in 6.47% 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 The First State Bank has shown is excellent.

Capitalization

GRADE:
C

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. The First State Bank has $332.4 million in assets with $27.17 million in equity, resulting in a capitalization level of 8.17%, which is average.

Institution Statistics

Overall
FDIC Certificate #17588
Year Established1956
Employees113
Primary RegulatorFDIC
Assets and Liabilities
Assets$332.40 million
Loans$191.94 million
Deposits$305.12 million
Equity Capital$24.96 million
Loan Loss Allowance$2.21 million
Unbacked Noncurrent Loans$34,000
Real Estate Owned$0
Historic Data - December 2012
Assets$319.28 million
Equity Capital$28.55 million
Loan Loss Allowance$1.95 million
Unbacked Noncurrent Loans$34,000
Real Estate Owned$323,000
Profit Margin - Quarterly
Net Interest Margin4.58%
Return on Assets1.77%
Return on Equity21.83%
Interest Income$14.38 million
Rates

Always verify rates and promotions with the bank or credit union. We are not The First State Bank, we are a rate comparison website and can not provide official rates or promotions.

The First State Bank Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.05%$50-Savings
0.05%$50-Business Savings

The First State Bank Money Market Rates

DetailsAPYMINMAXPRODUCT
0.20%$100k-Tiered Money Market
0.20%$100k-Business Tiered Money Market

The First State Bank Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.50%-$25kDiamond Checking
0.05%--Diamond Checking
0.05%$1,500-Now Account

The First State Bank CD Rates

DetailsAPYMINMAXPRODUCT
0.60%$1k-60 Month CD
0.50%$1k-48 Month CD
0.40%$1k-36 Month CD
0.30%$1k-18 Month CD
0.30%$1k-24 Month CD
0.25%$1k-12 Month CD
0.15%$1k-6 Month CD

The First State Bank IRA Rates

DetailsAPYMINMAXPRODUCT
0.60%$500-60 Month IRA (Traditional,Roth)
0.50%$500-48 Month IRA (Traditional,Roth)
0.40%$500-36 Month IRA (Traditional,Roth)
0.30%$500-18 Month IRA (Traditional,Roth)
0.30%$500-24 Month IRA (Traditional,Roth)
0.25%$500-12 Month IRA (Traditional,Roth)
Locations


The First State Bank Locations
El Campo Branch1808 West LoopEl Campo, TX 77437
Sweeny Branch208 Second StreetSweeny, TX 77480
Ganado Branch209 West York St.Ganado, TX 77962
Angleton Branch2904 North VelascoAngleton, TX 77515
Bay City Branch3600 Seventh StreetBay City, TX 77414
Wharton Branch505 East Boling HwyWharton, TX 77488
Blessing BranchAvenue B and 10th StreetBlessing, TX 77419
Www.fsblouise.com BranchHighway 59 & Fm 1160Louise, TX 77455
The First State BankHighway 59 and Fm Road 1160Louise, TX 77455