# FIRST STATE BANK
OKLAHOMA CITY, OK · FDIC certificate 17884 · asset band $300M-1B · latest filing 2021-06 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. Composite score 4 (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 | $420.7M | |
| Deposits | $347.4M | |
| Loans and leases | $365.8M | |
| Total equity | $37.4M | |
| Loans / deposits | 104.29% (p96 of band) | 72.09% |
| Liquid assets / assets | 9.84% (p2 of band) | |
| Uninsured deposits / deposits | 29.20% (p63 of band) | 25.33% |
| Brokered deposits | 1.66% | |
| Wholesale funding | 9.55% (p85 of band) | |
| FHLB advances / assets | 7.88% | |
| Tier 1 leverage | 8.68% (p25 of band) | 9.70% |
| Unrealized securities loss / equity | 0.26% (p31 of band) | 1.16% |
| AOCI / equity | -0.07% (p82 of band) | |
| ROA (annualized) | 1.21% (p52 of band) | 1.18% |
| Net interest margin | 3.70% (p73 of band) | 3.34% |
| Efficiency ratio | 64.46% (p57 of band) | |
| Noncurrent loans | 0.12% (p26 of band) | 0.40% |
| Net charge-offs (annualized) | 0.74% (p99 of band) | |
| Reserve coverage of noncurrent | 776.89% | |
| Real estate % of loans | 81% | |
| Construction % of loans | 210.83% (p100 of band) | |
| Auto loans | $213,000 (0.06% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $1.8M (5% of equity) (p95 of band) | |
| Deposits YoY | 10.4% | |
| Employees | 54 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **liquid assets <10%** (`liq_thin`)
- **charge-offs p90** (`aq_nco`)
- **construction >100% equity** (`conc_construction`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | liquid assets <10% |  |
| 2011-06 | 0 |  | liquid assets <10% |
| 2011-09 | 0 |  |  |
| 2011-12 | 1 | liquid assets <10% |  |
| 2012-03 | 1 | uninsured deposits leaving | liquid assets <10% |
| 2012-06 | 1 | capital falling | uninsured deposits leaving |
| 2012-09 | 3 | liquid assets <10%, uninsured deposits leaving |  |
| 2012-12 | 2 |  | capital falling |
| 2013-03 | 1 |  | uninsured deposits leaving |
| 2013-06 | 1 | capital falling | liquid assets <10% |
| 2013-09 | 1 |  |  |
| 2013-12 | 2 | uninsured deposits leaving |  |
| 2014-03 | 4 | liquid assets <10%, reserve under noncurrent, construction >100% equity | uninsured deposits leaving |
| 2014-06 | 1 |  | capital falling, reserve under noncurrent, construction >100% equity |
| 2014-09 | 3 | loans exceed deposits, uninsured deposits leaving |  |
| 2014-12 | 1 |  | loans exceed deposits, uninsured deposits leaving |
| 2015-03 | 0 |  | liquid assets <10% |
| 2015-06 | 0 |  |  |
| 2015-09 | 0 |  |  |
| 2015-12 | 1 | loans exceed deposits |  |
| 2016-03 | 0 |  | loans exceed deposits |
| 2016-06 | 1 | construction >100% equity |  |
| 2016-09 | 2 | capital falling |  |
| 2016-12 | 2 | loans exceed deposits | capital falling |
| 2017-03 | 2 | charge-offs p90 | loans exceed deposits |
| 2017-06 | 2 | loans exceed deposits | charge-offs p90 |
| 2017-09 | 2 | capital falling | loans exceed deposits |
| 2017-12 | 4 | loans exceed deposits, liquid assets <10%, charge-offs p90 | capital falling |
| 2018-03 | 1 |  | loans exceed deposits, liquid assets <10%, charge-offs p90 |
| 2018-06 | 5 | loans exceed deposits, liquid assets <10%, capital falling, uninsured deposits leaving |  |
| 2018-09 | 3 |  | liquid assets <10%, capital falling |
| 2018-12 | 2 |  | uninsured deposits leaving |
| 2019-03 | 2 | capital falling | loans exceed deposits |
| 2019-06 | 2 |  |  |
| 2019-09 | 3 | loans exceed deposits, liquid assets <10% | capital falling |
| 2019-12 | 2 |  | liquid assets <10% |
| 2020-03 | 3 | liquid assets <10% |  |
| 2020-06 | 3 |  |  |
| 2020-09 | 4 | capital falling |  |
| 2020-12 | 4 |  |  |
| 2021-03 | 4 | charge-offs p90 | capital falling |
| 2021-06 | 4 |  |  |

## 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 &amp; 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
- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
- 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 &amp; 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
- 2021-05-04 [Citizen Potawatomi Nation-owned First National Bank & Trust to acquire larger Okla. bank - Tribal Business News](https://news.google.com/rss/articles/CBMi0wFBVV95cUxPaVlyaGt4bHZqb1EyWHVhODlVeDh0N0wzZWlsd2ZfUHF1OUU0dzVtN0diV002UzZYLUJwNW1UbXA5Ym54TmhWM2MwYWoyOXBDLTMxRlVPM0NIOGtzYVlSc0l4MlNRQ28tNlFaVVhtbUQyME1KSm5DNG02NU9hTG9nb1lJT2ZMcUxvNkxnUGl6LU9rOEtVNGRHNEpHanFLS1FzMzJ0Y0RIYk5jVmIteWh2LWRWdUYyZ29qa3hlOVJ6V0pHZWtDNktDUWdEdldJQXpvRmNZ?oc=5) · Tribal Business News
- 2022-11-16 [Old Glory Holding Company to Acquire First State Bank of Elmore City, Oklahoma - Business Wire](https://news.google.com/rss/articles/CBMizwFBVV95cUxNOE1kMWtUMFRnb05hZERmdGFJeGUyazN6YWxya3RfYjFFb1Q1QUREZlhBQkNHcXdXUHM1MFoyUGZ0bmFGSHFoQkVza2FLZjRMUjFucWZNcmEwdDE3OWxEMmx0OHJsMmpqVHNwNl9mT2JTS3AxRXVuMjdFYl9VOVUycUI1RFkyZE91UzlFd0tpQWs0QU9ubXRhM1pjWWZmNVhNTkV4MFNRN1hDcjVaWFFkZU5yZXZRdUtpOWs5cTcycWM2TWxCbW9xWFBBTGh6ZnM?oc=5) · Business Wire
- 2017-12-26 [Regulators OK sale of Austin’s First State bank to Mississippi company - Austin American-Statesman](https://news.google.com/rss/articles/CBMizwFBVV95cUxORmlDcGVZTlljMmwyQnlkcmNQOG51NlltbFFjVHhRN0hCQkV2TkJRVHphWVZKdzdVWUYwM1BaWEVDNFhqem9rU3ZiQnJvc3ptaDVxUlBLT0lHN2w5TjFLRk9UcVJVMFluUGNJLVc1cjhhZzhhVUlYMHl0RC1mY21md2tNS2k3ak9Dd3g2Y1AxUDdBcXU2UFVLOThBOUhUQUtEbUVrb2FQcXVEV2k4TWY1RzM1RlJrQnk2eDdVVnJaUUJZdDNuZWZlNnphbUZ3cFE?oc=5) · Austin American-Statesman

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=17884 (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/28.json (key "17884", 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