# FIRST STATE BANK
STOCKBRIDGE, GA · FDIC certificate 19252 · asset band $300M-1B · latest filing 2011-12 · FAILED

**Verdict on the desk:** this could be *credit-stressed*. Composite score 11 (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 | $516.8M | |
| Deposits | $509.1M | |
| Loans and leases | $344.1M | |
| Total equity | $4.9M | |
| Loans / deposits | 65.09% (p24 of band) | 76.92% |
| Liquid assets / assets | 18.18% (p18 of band) | |
| Uninsured deposits / deposits | 3.57% (p9 of band) | 12.31% |
| Brokered deposits | 2.92% | |
| Wholesale funding | 2.92% (p29 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 0.60% (p1 of band) | 9.47% |
| Unrealized securities loss / equity | 31.50% (p94 of band) | 3.82% |
| AOCI / equity | 29.70% (p100 of band) | |
| ROA (annualized) | -2.12% (p4 of band) | 0.70% |
| Net interest margin | 2.13% (p3 of band) | 3.76% |
| Efficiency ratio | 130.42% (p98 of band) | |
| Noncurrent loans | 26.47% (p100 of band) | 2.06% |
| Net charge-offs (annualized) | 1.45% (p90 of band) | |
| Reserve coverage of noncurrent | 14.05% | |
| Real estate % of loans | 96% | |
| Construction % of loans | 2471.57% (p100 of band) | |
| Auto loans | $953,000 (0.28% of loans; DQ 1.26%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | – | |
| Employees | 106 | |

## Flags firing in the latest filing

- **leverage <7%** (`cap_low`)
- **leverage <5%** (`cap_critical`)
- **capital falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **NIM <2.5%** (`earn_nim`)
- **noncurrent p90** (`aq_noncurrent`)
- **charge-offs p90** (`aq_nco`)
- **reserve under noncurrent** (`aq_reserve`)
- **construction >100% equity** (`conc_construction`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 10 | leverage <7%, leverage <5%, losing money, expense ratio p90, NIM <2.5%, noncurrent p90, charge-offs p90, reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 10 |  |  |
| 2011-09 | 10 |  |  |
| 2011-12 | 11 | capital falling |  |

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

- 2026-05-13 [First State Bank of Blakely names Hall, Summerlin to leadership posts - Early County News](https://news.google.com/rss/articles/CBMirwFBVV95cUxQZ1pxeE1yVmNzNGNyRnpoLWVNcTBzNGotdFdmOTg3V1dLdUZpeXRiVk9yU0VPODhDUXBELXlaZWQyZlJ5RlgxWFg3UngyTnVyUWsxcm0tSTJKNjB6N0J3S1FEZW9MbFU3RG1YXzFldmpzZ1IxYzlqZXpRdFI4eFhOWWV2VkhUYnF5V19wcUdpRzM4dEhQaDVkV1ctYnFKQkYyNHppc1pfV05WRzhwNmRr?oc=5) · Early County News
- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
- 2026-08-24 [Failed Banks In The US: An Analysis By Year, Size And More - Forbes](https://news.google.com/rss/articles/CBMibEFVX3lxTE9SRkVrQmdfS2FWVWlBdzNCcy1OTlAyNlVSUEpoMG5WVllXR0V1dW5NSFBRSW91OUFjZ055S3dyS3RaaVg3dVc3UU12XzhENE5nanJFeEExR016RTR4Y1BERHVJSHlzSDNqS3pUWQ?oc=5) · Forbes
- 2026-04-01 [Billy Lanford, long-time Blakely First State Bank president, dies at 75 - Early County News](https://news.google.com/rss/articles/CBMisAFBVV95cUxQaFg4YVlwX2Z3NWtSZ2VKS0pjQzBSMDlzeEFNbWxONDdlMEgyT2hjNTlsb2FZV25qSXA3Y3BHSmNrZlVsT3pOU1BjVlNaYTZ4VEEyU25mS1phUUJMM2lKNF83ZGpwbW1OcDUtTVdkUEVnSkQ4ZXZSeXp0aXdsbEo0N3JjeTB5RjhEb0h6Zjk4dkwtc05US2o5dW4xaDhNcXFRZjgzVTI3Smo1MFFPa01PMg?oc=5) · Early County News
- 2026-07-10 [James William Love Obituary (2026) - Mcdonough, GA - Cannon Cleveland Funeral Directors - East Chapel - legacy.com](https://news.google.com/rss/articles/CBMifkFVX3lxTE52SmxjeHhzTWljRklrQzctQVZBOUZYV1luV2NMR1FYU01TM1NrZEIzcGdSZ2ZXYXpsMGs2WjVQUDRTM2Z5eWh5MGJBZF93WTFfMkhmU3VNNDJYcWplamE4MWdIRlNyMlhmWjc3Yk9MaS1zNkpfZlNSMTBLb2FDZw?oc=5) · legacy.com
- 2020-06-21 [First State Bank opens Monday in Harlem - The Augusta Chronicle](https://news.google.com/rss/articles/CBMirAFBVV95cUxOZVlKRmF2am15T2lGUnYyOUV6dXpOeGk4LUdzdmZGUG5fVkdwWnNfNUNaOTJaTzk1R0xNUkpzQWRXaVNVaWRUY3BqQTNGNW0tQ202TDZfQS1HV0FRNV94SENfRUljN3NoUl9vb0tkME8weGg2SmhvNlRGZFFkdFROTkxJYk16ejlUcUhQZEdJdXBTQ1dfZVNtR1RWMXQ3Yzl3Ykdkak5Ra2pDbDRv?oc=5) · The Augusta Chronicle
- 2015-03-26 [First State Bank and Trust, Bill Cowart Support Invest. Ignite. Inspire. The Campaign for Valdosta State University - Valdosta State University](https://news.google.com/rss/articles/CBMiggJBVV95cUxPMlZVdWNhVFJRSlBBU0FEbmpObjh2eHdVR1ZhR2k0Q1dNU3FqR3NoX3E2aklEOVFpVEFuX085U0toWGo5cDlUT09GdzJndWlDekN3R3RvcDQ1dWtwaVY0R0hnTE9mY1ZTeVhSM0ItWDc1RmpzN2VDUTNfeGxQbnJGXzBpSXlUVmpvQUZGRGRJb3NQYlhYOHd4SkI3eWhtd3NabTBhNzUybnVvcUdQY3gzT3hWeWhJZklCcjVzeUttdlpEcDNvaDFqV1pzTVRFMEpTTnZOdEEzX0FPNnRJOEx1dGdvRGZHSEtGbG1CZ3QtbndiYkxib3VnN1dVRWNIV05HWFE?oc=5) · Valdosta State University
- 2018-04-03 [First State Bank and Trust begins transition to Synovus branding - Valdosta Today](https://news.google.com/rss/articles/CBMirwFBVV95cUxPSU5BSVdBdXJVWTM1aFp1LXFkUDd0REg1bVN3eHNWVDZGV2k5eHNkZll4UkZqNGx4bWlzYXdXN3hvbGNTbERVeXlYbGtES0xwcW9hVm9XaDJTNnFTVFNYaExXdzlKeFhqNFVpbzMzdnByNVVCN2ZGa29NTG1zMGUxUFBmNjBIZ0pXb3JEQTl6TUFjTTFqdk1XLW5yNW9uc1RoaUNtVnNfY0JSbnh0YklN?oc=5) · Valdosta Today

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=19252 (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/52.json (key "19252", 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