# FIRST STATE BANK
CROSSETT, AR · FDIC certificate 18987 · asset band <$300M · latest filing 2020-03 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 5 (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 | $39.8M | |
| Deposits | $34.4M | |
| Loans and leases | $20.8M | |
| Total equity | $5.1M | |
| Loans / deposits | 60.25% (p26 of band) | 75.62% |
| Liquid assets / assets | 40.55% (p68 of band) | |
| Uninsured deposits / deposits | 16.35% (p51 of band) | 16.17% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p21 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 14.99% (p81 of band) | 11.43% |
| Unrealized securities loss / equity | 0.35% (p46 of band) | 0.53% |
| AOCI / equity | 0.00% (p42 of band) | |
| ROA (annualized) | -4.90% (p1 of band) | 0.92% |
| Net interest margin | 5.02% (p96 of band) | 3.67% |
| Efficiency ratio | 183.74% (p99 of band) | |
| Noncurrent loans | 3.05% (p91 of band) | 0.57% |
| Net charge-offs (annualized) | 0.03% (p77 of band) | |
| Reserve coverage of noncurrent | 16.06% | |
| Real estate % of loans | 59% | |
| Construction % of loans | 20.66% (p57 of band) | |
| Auto loans | $2.4M (11.50% of loans; DQ 7.06%, NCO 0.04%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 23.1% | |
| Employees | 14 | |

## Flags firing in the latest filing

- **capital falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **noncurrent p90** (`aq_noncurrent`)
- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 1 | capital falling |  |
| 2011-12 | 2 | reserve under noncurrent |  |
| 2012-03 | 2 | uninsured deposits leaving | capital falling |
| 2012-06 | 1 |  | uninsured deposits leaving |
| 2012-09 | 1 |  |  |
| 2012-12 | 4 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2013-03 | 2 | noncurrent p90 | deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2013-06 | 2 |  |  |
| 2013-09 | 2 |  |  |
| 2013-12 | 4 | deposits shrinking, assets shrinking |  |
| 2014-03 | 2 |  | deposits shrinking, assets shrinking |
| 2014-06 | 5 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2014-09 | 5 |  |  |
| 2014-12 | 5 |  |  |
| 2015-03 | 2 |  | deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2015-06 | 2 |  |  |
| 2015-09 | 5 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2015-12 | 1 |  | noncurrent p90, deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2016-03 | 4 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2016-06 | 2 | capital falling | deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2016-09 | 1 |  | capital falling |
| 2016-12 | 2 | auto book souring |  |
| 2017-03 | 1 |  | auto book souring |
| 2017-06 | 3 | deposits shrinking, uninsured deposits leaving |  |
| 2017-09 | 4 | assets shrinking |  |
| 2017-12 | 3 |  | assets shrinking |
| 2018-03 | 3 |  |  |
| 2018-06 | 2 |  | deposits shrinking |
| 2018-09 | 3 | deposits shrinking |  |
| 2018-12 | 6 | capital falling, charge-offs p90, assets shrinking |  |
| 2019-03 | 1 |  | uninsured deposits leaving, deposits shrinking, capital falling, charge-offs p90, assets shrinking |
| 2019-06 | 3 | deposits shrinking, assets shrinking |  |
| 2019-09 | 3 | uninsured deposits leaving | assets shrinking |
| 2019-12 | 3 | capital falling | deposits shrinking |
| 2020-03 | 5 | losing money, expense ratio p90, noncurrent p90 | uninsured deposits leaving |

## 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
- 2026-04-09 [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 &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
- 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=18987 (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/43.json (key "18987", 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