# FIRST STATE BANK
LONOKE, AR · FDIC certificate 15050 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *fortress*. 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 | $328.1M | |
| Deposits | $292.6M | |
| Loans and leases | $240.3M | |
| Total equity | $34.3M | |
| Loans / deposits | 80.91% (p47 of band) | 82.04% |
| Liquid assets / assets | 24.34% (p49 of band) | |
| Uninsured deposits / deposits | 25.51% (p48 of band) | 25.97% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p11 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 11.24% (p59 of band) | 10.81% |
| Unrealized securities loss / equity | -13.62% (p35 of band) | -8.10% |
| AOCI / equity | -1.50% (p13 of band) | |
| ROA (annualized) | 1.12% (p40 of band) | 1.28% |
| Net interest margin | 3.77% (p42 of band) | 3.91% |
| Efficiency ratio | 58.54% (p42 of band) | |
| Noncurrent loans | 0.00% (p4 of band) | 0.43% |
| Net charge-offs (annualized) | 0.00% (p14 of band) | |
| Reserve coverage of noncurrent | – | |
| Real estate % of loans | 85% | |
| Construction % of loans | 48.89% (p56 of band) | |
| Auto loans | $503,000 (0.21% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 3.2% | |
| Employees | 50 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 1 | reserve under noncurrent |  |
| 2011-09 | 1 | charge-offs p90 | reserve under noncurrent |
| 2011-12 | 0 |  | charge-offs p90 |
| 2012-03 | 1 | uninsured deposits leaving |  |
| 2012-06 | 0 |  | uninsured deposits leaving |
| 2012-09 | 2 | reserve under noncurrent, uninsured deposits leaving |  |
| 2012-12 | 0 |  | reserve under noncurrent, uninsured deposits leaving |
| 2013-03 | 2 | losing money, expense ratio p90 |  |
| 2013-06 | 4 | deposits shrinking, assets shrinking |  |
| 2013-09 | 1 |  | losing money, deposits shrinking, assets shrinking |
| 2013-12 | 0 |  | expense ratio p90 |
| 2014-03 | 0 |  |  |
| 2014-06 | 0 |  |  |
| 2014-09 | 0 |  |  |
| 2014-12 | 1 | expense ratio p90 |  |
| 2015-03 | 0 |  | expense ratio p90 |
| 2015-06 | 2 | losing money, expense ratio p90 |  |
| 2015-09 | 2 |  |  |
| 2015-12 | 2 |  |  |
| 2016-03 | 0 |  | losing money, expense ratio p90 |
| 2016-06 | 0 |  |  |
| 2016-09 | 1 | expense ratio p90 |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 0 |  | expense ratio p90 |
| 2017-06 | 1 | charge-offs p90 |  |
| 2017-09 | 2 | capital falling |  |
| 2017-12 | 2 |  |  |
| 2018-03 | 0 |  | charge-offs p90, capital falling |
| 2018-06 | 0 |  |  |
| 2018-09 | 0 |  |  |
| 2018-12 | 2 | losing money, expense ratio p90 |  |
| 2019-03 | 2 | deposits shrinking, assets shrinking | losing money, expense ratio p90 |
| 2019-06 | 2 |  |  |
| 2019-09 | 2 |  |  |
| 2019-12 | 2 |  |  |
| 2020-03 | 3 | charge-offs p90 |  |
| 2020-06 | 0 |  | deposits shrinking, assets shrinking, charge-offs p90 |
| 2020-09 | 0 |  |  |
| 2020-12 | 0 |  |  |
| 2021-03 | 0 |  |  |
| 2021-06 | 0 |  |  |
| 2021-09 | 0 |  |  |
| 2021-12 | 0 |  |  |
| 2022-03 | 0 |  |  |
| 2022-06 | 0 |  |  |
| 2022-09 | 2 | AOCI drag >20% of equity, securities losses >30% of equity |  |
| 2022-12 | 1 |  | securities losses >30% of equity |
| 2023-03 | 0 |  | AOCI drag >20% of equity |
| 2023-06 | 0 |  |  |
| 2023-09 | 1 | securities losses >30% of equity |  |
| 2023-12 | 0 |  | securities losses >30% of equity |
| 2024-03 | 1 | deposits shrinking |  |
| 2024-06 | 0 |  | deposits shrinking |
| 2024-09 | 1 | capital falling |  |
| 2024-12 | 1 |  |  |
| 2025-03 | 0 |  | capital falling |
| 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)

- 2026-04-08 [First Bank Corp completes buyout of First State Bank - Talk Business & Politics](https://news.google.com/rss/articles/CBMijwFBVV95cUxPcWJzZzdpcklaMW01dWF2UWxGUU0tcmRXQ2xXMGNDcE5GNV9pak4yUk9aQUJHN1ZvclNCaHp4X0N6djdqSnVFWnJFSl9DZHhzdTFyRloxUFMzTGpjSjFQeU9Tci1lTDMyTUR1ZjJoLThQdVNIVDdqNVJKaUdOQXg2eVRWdENjXzJVV3hXMmF4WQ?oc=5) · Talk Business & Politics
- 2026-01-30 [First Bank Corp. to merge with Russellville-based First State Bank - Southwest Times Record](https://news.google.com/rss/articles/CBMivwFBVV95cUxNeDd0SU5DX2dsczQtMG9CUjBTNzg4SUVHOU83VnF3bXptVFhhdGFuREl6QXBURDRMOVphRE12cXhMQ3FmUW0xa2o3WU5jS28taTM3S0xXRHl3cV94SXczZ3NrNFJNTks2YjVodDdWRy1zekJxREtSSVdpd3RJY0VqV21CT2JURlJuNUZaRWdZUm41WTdJSUJxcVRrWjVJeUlqZ0ZwdWFZWG16U09IVUhuM2djQ2hWcG94Rlh6dE5RYw?oc=5) · Southwest Times Record
- 2026-04-09 [Fort Smith-based First Bank Corp officially acquires First State Bank - KNWA FOX24](https://news.google.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?oc=5) · KNWA FOX24
- 2026-02-02 [2 West Arkansas Banks Merge to Create $3.67B Lender - Arkansas Business](https://news.google.com/rss/articles/CBMijgFBVV95cUxNUVNoZndaa0FlZ19wYjY1WG5WSThZV2NFQ29Vb1pqZHhxUXBWak9ZRWRWQ2RweVFZeFNQaGN2R1dQOXVuUDg0MVFUeUc1YVAzcEJyODNjVWpoTXpXYXlnQUFrUXEwNy1UZzdUX3k5SUZSMi1adjcxaHl0X2wzUXZ2OXd5X3N0TE9XaHQ5YTNR?oc=5) · Arkansas Business
- 2026-01-30 [First Bank Corp., First State Bank sign merger agreement - Talk Business & Politics](https://news.google.com/rss/articles/CBMikgFBVV95cUxQQlE1aDBlVjhsQng3YVVwRjB4bEQzOGJDbmN4UzhacEF4MFUzd0IwQi1SRUI3b2RBdExta2ZuLTd1bmo0cFZReWZOcHA0Y3hNOUViUUtPeWFneDM5X2VfRVBqakZyMkR2ckV4LTRWcGNVczFvbTlUZzliX2t5QmdGdnZ6ZjVDdEk3RGUydUp4a1Zxdw?oc=5) · Talk Business & Politics
- 2026-04-08 [First Bank Corp completes merger with Russellville’s First State Bank - Southwest Times Record](https://news.google.com/rss/articles/CBMiyAFBVV95cUxQdGVHZVM3NEpKUkFTVTlVbW9DZFFyaWZLS256V1p4ZkFLNkd5MnFOT2V4X2dNRHQya2JZNkZKVTVwU1JYYmlZMW5zYlZlV0pLd3VkQzlQQml2U1lVQW9CUVF5NlZ3ZkFQZ1E1dzFDWld0Q1dNd2dxekRtOFUtaEJfRWtXYlczR0loMno5bmhBdlJrOVdrNFotZzRXVEhlSmg0Z2p5ZnN3SFN5VzE3aFRQOUlHMXNHazdQMHNCaVpHRDBqLVFVZW9uNQ?oc=5) · Southwest Times Record
- 2024-04-29 [Commercial Bank and First State Bank to combine - camdenarknews.com](https://news.google.com/rss/articles/CBMimwFBVV95cUxQMFJ4R0drbWs1UlU3dHFYMEdhYnluYklIM2o0VWJaTGQwTGlaVlo5bDVHSkJUbGdieEQ1d3duYXB3YUtjdlNCTHpQVE9XZ2NOUUFhTndqbTZHWVlnc1VvVFVfMDhfRGxQc1N1SUMyUEx2U25kQkw5VlFJVmNNSzNfdXlpUXFGcElIbkNyN0V1ZHBjeGdWT0RVVVo0UQ?oc=5) · camdenarknews.com
- 2016-05-21 [Community banking - jacksonsun.com](https://news.google.com/rss/articles/CBMijwFBVV95cUxPZ19IUXR4dloxVVE2eGJrOTFTdWppZEg1Q2RDYnkwYzRMOHFnZThqSlJpeGkybVdoQXhOeXdWYXc3ZkI0Uk5aajFFM2FncnpWNWswU2l2MU9nMFV3TWpwVjlpOUVMZzk3S0UtcWtsYTRGNHVkYm1maWZUa0Y3NWdOYmtFbTdtQ0Z4Rmh2aVlBWQ?oc=5) · jacksonsun.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=15050 (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/10.json (key "15050", 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