The First State Bank

206 North Street P.O. Box 5
Louise, TX 77455
979-648-2691
www.fsblouise.com

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The First State Bank is headquartered in Louise and is the 173^rd largest bank in the state of Texas. It is also the 2,294^th largest bank in the nation. It was established in 1956 and as of September of 2011, it had grown to 96 employees at 9 locations. The First State Bank has a 5-star health rating.

Rate Lowered From 3% To 2% On 4/5/2011 (Forum) - 3/14/2011

The First State Bank, Louise is lowering the rates on their Diamond Checking account from 3% to 2% on April 5, 2011, which is the start of the next qualification period. The maximum amount remains at $25,000 and balances over 25K is .50%. I received this

Rate Change (Forum) - 10/7/2010

I was just notified of a rate cut..... Following a further review of all of these factors, effective 11/5/2010: The Diamond Checking qualifying rate will be 2.96% with an APY of 3.00% up to $25,000.00. Balances over $25,000.00 will earn .75

Best High-Yield Reward Checking Accounts in Texas - 8/24/2010

The First State Bank continues to offer 4.00% APY (as of 8/24/10) on its Diamond Reward Checking Account . The rate applies to balances up to $25K if the typical reward checking requirements are met. ...

4.00% Reward Checking Account at The First State Bank in Texas - Local Only - 11/8/2009

The First State Bank is offering a high-yield reward checking account called Diamond Checking. The account offers the following rates and features if certain monthly requirements are met:4.00% APY on balances up to $25,0001.01% APY on portion of balance...

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See Rates for: Checking | Savings | Money Market | CD | IRA

The First State Bank Checking Account Rates

Apy	Min	Max	Product
2.02%	-	$25k	Diamond Checking
0.10%	$1,500	-	Now Account

The First State Bank Savings Account Rates

Apy	Min	Max	Product
0.15%	$50	-	Savings
0.15%	$50	-	Business Savings

The First State Bank Money Market Rates

Apy	Min	Max	Product
0.30%	$100k	-	Tiered Money Market
0.30%	$100k	-	Business Tiered Money Market

The First State Bank CD Rates

Apy	Min	Max	Product
1.26%	$1k	-	60 Month CD
1.00%	$1k	-	48 Month CD
0.75%	$1k	-	36 Month CD
0.65%	$1k	-	24 Month CD
0.40%	$1k	-	18 Month CD
0.25%	$1k	-	12 Month CD
0.15%	$1k	-	6 Month CD

The First State Bank IRA Rates

Apy	Min	Max	Product
1.25%	$500	-	60 Month IRA
1.00%	$500	-	48 Month IRA
0.75%	$500	-	36 Month IRA
0.65%	$500	-	24 Month IRA
0.40%	$500	-	18 Month IRA
0.25%	$500	-	12 Month IRA

Rates updated: 2/11/2012

Data for Q3 2011

Institution Statistics

The First State Bank
FDIC Certificate #	17588
BankRate Report	View
Year Established	1956
Employees	96
Primary Regulator	FDIC
Assets and Liabilities
Assets	$280.25 million
Loans	$154.38 million
Deposits	$254.28 million
Equity Capital	$25.02 million
Loan Loss Allowance	$1.80 million
Unbacked Noncurrent Loans	$591,000
Real Estate Owned	$324,000
Historic Data - September 2010
Assets	$260.56 million
Equity Capital	$22.38 million
Loan Loss Allowance	$1.76 million
Unbacked Noncurrent Loans	$957,000
Real Estate Owned	$222,000
Profit Margin - Quarterly
Net Interest Margin	5.04%
Return on Assets	2.08%
Return on Equity	25.06%
Interest Income	$10.58 million

Institution Health

Overall Score:

5 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 September 30, 2011 The First State Bank had $915,000 in non-current loans and owned real-estate with $26.82 million in equity and loan loss allowances on hand to cover it. This gives The First State Bank a Texas Ratio of 3.41% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for The First State Bank decreased slightly from 4.88% as of September 30, 2010 to 3.41% as of September 30, 2011, resulting in a positive change of 30.15%.This indicates that the balance sheet and financial strength for The First State Bank has improved slightly in recent periods.
Deposit Growth
In the past year, The First State Bank has increased its total deposits by $17.05 million, resulting in 7.19% 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
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 $280.24 million in assets with $26.82 million in equity, resulting in a capitalization level of 9.57%, which is average.