# FIRST STATE BANK
EASTPOINTE, MI · FDIC certificate 15032 · asset band $1-10B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *ordinary*. Composite score 0 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $1.35B | |
| Deposits | $1.21B | |
| Loans and leases | $1.06B | |
| Total equity | $130.8M | |
| Loans / deposits | 85.76% (p47 of band) | 87.10% |
| Liquid assets / assets | 17.76% (p36 of band) | |
| Uninsured deposits / deposits | 36.84% (p65 of band) | 30.76% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p6 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 10.01% (p37 of band) | 10.50% |
| Unrealized securities loss / equity | -3.55% (p72 of band) | -7.75% |
| AOCI / equity | -0.52% (p34 of band) | |
| ROA (annualized) | 1.24% (p48 of band) | 1.26% |
| Net interest margin | 3.71% (p50 of band) | 3.70% |
| Efficiency ratio | 62.82% (p63 of band) | |
| Noncurrent loans | 0.81% (p66 of band) | 0.51% |
| Net charge-offs (annualized) | 0.10% (p75 of band) | |
| Reserve coverage of noncurrent | 158.83% | |
| Real estate % of loans | 82% | |
| Construction % of loans | 48.61% (p51 of band) | |
| Auto loans | $2.4M (0.23% of loans; DQ 1.01%, NCO 0.00%) | |
| Loans to nondepository financials | $44.6M (34% of equity) (p95 of band) | |
| Deposits YoY | 3.9% | |
| Employees | 184 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 1 |  |  |
| 2012-06 | 1 |  |  |
| 2012-09 | 1 |  |  |
| 2012-12 | 1 |  |  |
| 2013-03 | 2 | charge-offs p90, loans-to-lenders >50% equity | reserve under noncurrent |
| 2013-06 | 0 |  | charge-offs p90, loans-to-lenders >50% equity |
| 2013-09 | 0 |  |  |
| 2013-12 | 0 |  |  |
| 2014-03 | 1 | loans-to-lenders >50% equity |  |
| 2014-06 | 2 | capital falling |  |
| 2014-09 | 2 |  |  |
| 2014-12 | 1 |  | capital falling |
| 2015-03 | 1 |  |  |
| 2015-06 | 2 | charge-offs p90 |  |
| 2015-09 | 1 |  | charge-offs p90 |
| 2015-12 | 1 |  |  |
| 2016-03 | 2 | charge-offs p90 |  |
| 2016-06 | 1 |  | charge-offs p90 |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 1 |  |  |
| 2017-12 | 0 |  | loans-to-lenders >50% equity |
| 2018-03 | 0 |  |  |
| 2018-06 | 1 | loans-to-lenders >50% equity |  |
| 2018-09 | 2 | capital falling |  |
| 2018-12 | 1 |  | capital falling |
| 2019-03 | 1 |  |  |
| 2019-06 | 2 | capital falling |  |
| 2019-09 | 1 |  | capital falling |
| 2019-12 | 1 |  |  |
| 2020-03 | 1 |  |  |
| 2020-06 | 2 | reserve under noncurrent |  |
| 2020-09 | 2 | capital falling | reserve under noncurrent |
| 2020-12 | 0 |  | loans-to-lenders >50% equity, capital falling |
| 2021-03 | 1 | expense ratio p90 |  |
| 2021-06 | 1 | capital falling | expense ratio p90 |
| 2021-09 | 2 | loans-to-lenders >50% equity |  |
| 2021-12 | 1 |  | capital falling |
| 2022-03 | 0 |  | loans-to-lenders >50% equity |
| 2022-06 | 1 | loans-to-lenders >50% equity |  |
| 2022-09 | 1 | AOCI drag >20% of equity | loans-to-lenders >50% equity |
| 2022-12 | 1 | loans-to-lenders >50% equity | AOCI drag >20% of equity |
| 2023-03 | 0 |  | loans-to-lenders >50% equity |
| 2023-06 | 1 | loans-to-lenders >50% equity |  |
| 2023-09 | 1 | capital falling | loans-to-lenders >50% equity |
| 2023-12 | 0 |  | capital falling |
| 2024-03 | 0 |  |  |
| 2024-06 | 1 | loans-to-lenders >50% equity |  |
| 2024-09 | 1 |  |  |
| 2024-12 | 0 |  | loans-to-lenders >50% equity |
| 2025-03 | 0 |  |  |
| 2025-06 | 0 |  |  |
| 2025-09 | 0 |  |  |
| 2025-12 | 0 |  |  |
| 2026-03 | 0 |  |  |
| 2026-06 | 0 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
- 2025-10-25 [Two OMP Residents to Launch New Bank – Grand Traverse State Bank - Old Mission Gazette](https://news.google.com/rss/articles/CBMif0FVX3lxTE5WZ3g3RnpmdjUtTzJIV0dOTUlNY3g4RkRPd0E4YjlXczRfRUx5U0g0MEoxYVFGdzgzXzJCQXRKT2hZczljUW9PV1AxTjYwdkV0VXZjekRiQnJ5a2dtQlZTNTJPRjEzLTV2ZWlUM290WGd6ajRsb1dQVzRQZWxPdWc?oc=5) · Old Mission Gazette
- 2025-10-27 [New banking strategy focuses on the 313 to make small business loans in Detroit - Detroit Free Press](https://news.google.com/rss/articles/CBMiyAFBVV95cUxPaVVkanhETnJQTUR6VTdxcXR5ek1HUk9UZFBRZG5tZ3pwWmVpYXlTWlpjT3dHSlJVLXhsTlhtRUhROWJ0VGhhcmJGRnlJbGtXS1JzQ2JSU29vMXh4dG5Pbk04QnVNNlBuanZGOWlJS0J2TFdIQk5aaWhoUVp0T01XN2RnV3lsQlJKOHBJVUFpNEpLazItTUtQbnVBUjcwdnZJeDZDM3Z1ZEJKS0hzNkxKUWQ3SldsTzNwMkNiTWlkakd3aUo1X3BOcw?oc=5) · Detroit Free Press
- 2024-11-26 [Michigan bank eyes growth after 'hybrid' de novo, recapitalization deal - S&P Global](https://news.google.com/rss/articles/CBMi7AFBVV95cUxQVTNacW1LYVcxRThzWWJZRHpZUnBrWjhkQU14SlZINjdLVUs2bWhSdmxFSlJXb2hlbE50QlVubUdrS3dKV3ZXVHJGbUtUUEtjbkpqME1kZnhLQVNqaXpSN2ZqaXBEM2JWNDdpbzBWS1BaLWdYMGdfYXp6aENxcWNQczZMOXIxeWptRzhaek5mc2ZLeXFZTmg3WnR5NkdGcnNGVjVVM01HRmcwaklyTENhMk1ONC1ycFZ5a3pSbXJhblZBYUNjQ1Fjek1tQVBLNjd0cnBlWEtwaDQ5c0daSW5DSVhRcDk2Y2t2X21HVg?oc=5) · S&P Global
- 2025-08-24 [Tim Dyer Named Market President as First State Bank of Michigan Expands into Berrien County Market - moodyonthemarket.com](https://news.google.com/rss/articles/CBMizAFBVV95cUxQS2dHdFhDekowUUxfUFIxdXRpMlFOZzBSVnZsNmVEamMxdVdmaDFMU2ZhS2cxS0p0V2hKZkpiWC16U2doX3NCYWJlTWtaS2hoUGNwZ1VWbkZ6YkxUX1lseEZCTEhJTjFpbjRaZEdPbWtBMk9OWWRUc2dFVU9kaG5BVGlONEVqWURFZkY2UGpLSDhQVS1OTFRUUjYwQVJTTFJRU1c2LTNDVERsaFJuNWc1ZFBkMG5ITnlQbGZzN1lmdW9KRU5XMEwxVDN0d0U?oc=5) · moodyonthemarket.com
- 2023-09-25 [Grand Traverse State Bank To Be Traverse City’s Newest Bank - The Ticker](https://news.google.com/rss/articles/CBMimwFBVV95cUxOQzFwYjZ3NThFNnpYQ0VuSnRrZWUtc3ZQSS1TSm41aWFjM0dKQmgzQVplbk16ZGJMYU9wSEctWTBkNXdsaTNRZ09OaGd0WEFTNzE0dVpyTkIzMnhQZENyTkt4cmI3aURJOHhaUGhzUE5icEdDX091MWdFSExOR1dSd2l5R2UzU1FZWUVVRUlyaWZJdUFfbVEzMXozVQ?oc=5) · The Ticker
- 2025-06-05 [Michigan’s oldest state bank to launch new wave of community financial institutions - Crain's Grand Rapids](https://news.google.com/rss/articles/CBMi1AFBVV95cUxNd2s1a2tLWHU1OGZicm9TUmZndkJITlZXNmJ2XzZRZUtVS0oxelkzUk1MUHhMQ2RKRm5sOGotOGJ2QndzU3JTT3FpLXdZWjE5a01BcVZBc1RyRUNsQnVyUExleEE3YUlIUE1JMzVjYnRpdjR2WmNvUmlGUzdJM0VzWHhjYVdOV1V0WUxqSExfdWlxM1o3SzZ2OUZGWTFXNnlxNkFVcHFNNGl3MWphZGo1X1JqLW83MV93TWJseDRDVWVFVC1BNElvYmNUalpia3UxN05fbg?oc=5) · Crain's Grand Rapids
- 2022-04-12 [First State Bank's new headquarters gives New London Public Library a new home - WLUK](https://news.google.com/rss/articles/CBMisgFBVV95cUxPamNKTkE0NGRZUkhoREp5cDZNWGlPQUhBcHJ1QWhFMXMtaGZzS192YnZxczFYTFNoNzVXVGx1Ni1DSERqSjNrOW9nMGtMYm5RYldrTjFYYWFLVjVFVnFUWlV0aVpHTDdWVmJnTXZ6bVJDY0tkTHNMTmhObHRHYk5hODR4cDR3SFFZclFrVXpxNEw2aDRyeHdhdkpQbFlCT0piS2ZUbl9HN3hWak52QmFlRzF3?oc=5) · WLUK

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=15032 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/56.json (key "15032", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide