First State Bank of the Southeast is headquartered in Middlesboro and is the 38th largest bank in the state of Kentucky. It is also the 1,937th largest bank in the nation. It was established in 1904 and as of December of 2019, it had grown to 90 employees at 10 locations. First State Bank of the Southeast has a C health rating.
I have to start off by saying i was not a fan of this bank until a new bank manager took over and really wanted to provide great customer service. When i first started I hated going to make my deposits at this bank. I would rather have gone to the doctors than the bank . My first time experience was great . One week later when i walked in with my check to make a deposit i was greeted with " What do you want " and " make it quick i'm busy " from the teller. I stuck with the First State mainly because i was too busy to set up a new account else where . After the new manger came in , the bank changed. Now the Bank is nice and warm to all customers so my biggest issue is now a great experience the bank offers. I love the online banking its made so easy and i can text and get my Balance and get a report of whats going in and out of my account. The savings has a nice rate ,but the fees are a bit steep ,but i have never over drawn. As far as my needs go the banks offers online , mobile , checking & savings . First State offers all the products i would want . Over all i have to say i love this bank , i do use an account with a National bank but i love my First State , I actually still use the bank and I no longer live in the same city as the bank but i still use it for its wonderful service.
| Overall | |
|---|---|
| FDIC Certificate # | 2710 |
| Year Established | 1904 |
| Employees | 90 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.03% |
| Return on Equity - YTD | 0.37% |
| Annual Interest Income | $15.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $354.2MM$347.1MM |
| Loans | Q4 2019vs Q4 2018 | $267.6MM$276.1MM |
| Deposits | Q4 2019vs Q4 2018 | $293.6MM$290.3MM |
| Equity Capital | Q4 2019vs Q4 2018 | $31.0MM$31.2MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $2.6MM$3.0MM |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $5.1MM$5.6MM |
| Real Estate Owned | Q4 2019vs Q4 2018 | $8.6MM$7.6MM |
Sorry, we do not have rate data for First State Bank of the Southeast.
| Lexington Branches | ||
|---|---|---|
| Harrodsburg Road Branch | 2257 Harrodsburg Road | Lexington, KY 40504 |
| First State Branch | 3620 Walden Drive | Lexington, KY 40517 |
| Middlesboro Branches | ||
|---|---|---|
| First State Financial, Inc. | 1810 Cumberland Avenue | Middlesboro, KY 40965 |
| East End Branch | 200 North 12th Street | Middlesboro, KY 40965 |
| 22nd and Cumberland Avenue Branch | 2202 Cumberland Avenue | Middlesboro, KY 40965 |
| New Tazewell Branches | ||
|---|---|---|
| New Tazewell Branch | 502 S Broad Street | New Tazewell, TN 37825 |
| Pineville Branches | ||
|---|---|---|
| Harlan Road Branch | U.S. Highway 119 | Pineville, KY 40977 |
| Pineville Main Banking Center | 101 Virginia Ave | Pineville, KY 40977 |
| Williamsburg Branches | ||
|---|---|---|
| Waterpark Branch Office | 1048 West Highway 92 | Williamsburg, KY 40769 |
| Williamsburg Branch | 941 Us 25w | Williamsburg, KY 40769 |