# FIRST STATE BANK
WINCHESTER, OH · FDIC certificate 9437 · asset band $1-10B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *liquidity-rich*. Composite score 1 (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 | $1.24B | |
| Deposits | $1.10B | |
| Loans and leases | $574.1M | |
| Total equity | $108.5M | |
| Loans / deposits | 51.55% (p5 of band) | 87.10% |
| Liquid assets / assets | 49.94% (p95 of band) | |
| Uninsured deposits / deposits | 25.02% (p30 of band) | 30.76% |
| Brokered deposits | 7.93% | |
| Wholesale funding | 10.11% (p65 of band) | |
| FHLB advances / assets | 2.19% | |
| Tier 1 leverage | 10.47% (p49 of band) | 10.50% |
| Unrealized securities loss / equity | -25.94% (p13 of band) | -7.75% |
| AOCI / equity | 1.59% (p98 of band) | |
| ROA (annualized) | 1.10% (p38 of band) | 1.26% |
| Net interest margin | 3.27% (p25 of band) | 3.70% |
| Efficiency ratio | 61.35% (p58 of band) | |
| Noncurrent loans | 0.86% (p69 of band) | 0.51% |
| Net charge-offs (annualized) | 0.01% (p41 of band) | |
| Reserve coverage of noncurrent | 166.41% | |
| Real estate % of loans | 92% | |
| Construction % of loans | 15.27% (p14 of band) | |
| Auto loans | $20.2M (3.52% of loans; DQ 1.95%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p35 of band) | |
| Deposits YoY | 5.0% | |
| Employees | 189 | |

## Flags firing in the latest filing

- **capital falling** (`cap_falling`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 0 |  |  |
| 2011-12 | 0 |  |  |
| 2012-03 | 0 |  |  |
| 2012-06 | 0 |  |  |
| 2012-09 | 0 |  |  |
| 2012-12 | 0 |  |  |
| 2013-03 | 0 |  |  |
| 2013-06 | 0 |  |  |
| 2013-09 | 0 |  |  |
| 2013-12 | 0 |  |  |
| 2014-03 | 0 |  |  |
| 2014-06 | 1 | capital falling |  |
| 2014-09 | 0 |  | capital falling |
| 2014-12 | 0 |  |  |
| 2015-03 | 0 |  |  |
| 2015-06 | 1 | brokered >10% |  |
| 2015-09 | 0 |  | brokered >10% |
| 2015-12 | 0 |  |  |
| 2016-03 | 1 | brokered >10% |  |
| 2016-06 | 0 |  | brokered >10% |
| 2016-09 | 0 |  |  |
| 2016-12 | 1 | capital falling |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 0 |  | capital falling |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 0 |  |  |
| 2018-06 | 1 | uninsured deposits leaving |  |
| 2018-09 | 0 |  | uninsured deposits leaving |
| 2018-12 | 1 | uninsured deposits leaving |  |
| 2019-03 | 0 |  | uninsured deposits leaving |
| 2019-06 | 0 |  |  |
| 2019-09 | 0 |  |  |
| 2019-12 | 0 |  |  |
| 2020-03 | 0 |  |  |
| 2020-06 | 1 | capital falling |  |
| 2020-09 | 1 |  |  |
| 2020-12 | 1 |  |  |
| 2021-03 | 1 | expense ratio p90 | capital falling |
| 2021-06 | 0 |  | expense ratio p90 |
| 2021-09 | 0 |  |  |
| 2021-12 | 0 |  |  |
| 2022-03 | 2 | AOCI drag >20% of equity, securities losses >30% of equity |  |
| 2022-06 | 2 |  |  |
| 2022-09 | 2 |  |  |
| 2022-12 | 3 | capital falling |  |
| 2023-03 | 3 | uninsured deposits leaving | AOCI drag >20% of equity |
| 2023-06 | 3 |  |  |
| 2023-09 | 2 |  | capital falling |
| 2023-12 | 1 |  | uninsured deposits leaving |
| 2024-03 | 1 |  |  |
| 2024-06 | 2 | capital falling |  |
| 2024-09 | 1 |  | capital falling |
| 2024-12 | 1 |  |  |
| 2025-03 | 1 |  |  |
| 2025-06 | 1 |  |  |
| 2025-09 | 2 | capital falling |  |
| 2025-12 | 0 |  | securities losses >30% of equity, capital falling |
| 2026-03 | 1 | securities losses >30% of equity |  |
| 2026-06 | 1 | capital falling | securities losses >30% of equity |

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

- 2026-09-09 [First State Bank merger with Bastrop bank complete - Colorado County Citizen](https://news.google.com/rss/articles/CBMiowFBVV95cUxNUVVUT283T3NSdFZxWm1lNzlSdS0wS1R5UlNGX3FTYnNFT3gxWVdGTy03dDUtQmN0eW9yTHd0d0R0ZW43UUpFQ1JBV0E1SGFlUnp3YTFzNDh5MjM1MVg4VkptSXVtc19KR1EybW1lZUV0RWZWLUJsTDJfd2d1aVFEQkxYWFJaNUNrY1BRZDc4bmRuZzJyRVc1TldYWUZwUVBzT3pj?oc=5) · Colorado County Citizen
- 2026-08-11 [Illinois’ HBT to buy in-state Tri-County Financial for $204.6M - Banking Dive](https://news.google.com/rss/articles/CBMiqAFBVV95cUxPcGU1TWVsWXNOZEx1bGVvMGo1Z1NOaktDX2dnSXhDQlNsS1lqb05KMHZ6SktmbDBhR1NnRUt0clVsMEZTRFBjSUtuOUdsQ1p4VEYwT2J5RjY4ODRObU5zTDNKUDgzTlF2X0ZTbjdxQjdOUktvWnVUWUltenVkSHhvcDNDaWpTZzFMZUhfN21RMmR0cEV2aDRmb1pnTTNmSEV5RHp2Z1RhcG4?oc=5) · Banking Dive
- 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
- 2026-08-27 [First State Bank Breaks Ground on New Building - Olney Enterprise |](https://news.google.com/rss/articles/CBMijgFBVV95cUxPOXBvNlQtenpfNXJROEVNUUVCLTdPNWgtM2pMM0xXNzM0SjdIT0ZyQ3p3YTZPaTNlTW14LVY5c1RuRFM0Z0wzbWdzdTgyVmd4LUdxMDY0cjA2OUVYRy1DT2lZSS1fdHFOZVdsSndkNkJqU1duZTZ2dzNiSS05dUU2ZktyZXlrSERtVjdiZUF3?oc=5) · Olney Enterprise |
- 2026-07-30 [Citizens Bank of Las Cruces to merge with Socorro-based First State Bank - The Business Journals](https://news.google.com/rss/articles/CBMinwFBVV95cUxNUDlrSFhzUWx3dF85emdzT0J5Vmtyd2p5eFc5akU4QzY0QUtVcDBpdDNoQ3BZWjdZZnlKT3ZzZWZIM3BXTW1fSk93emNmRW9sRmdKWWZMNUk5VGx6N2tETEUyT0cycmpFLWkxRHFxcEt0QWpFMFFLRE5KeF9vbE1HZF9vWm5wRzBNWW5SWEVHdmlWcUdFMlRUb2Fxd2pjRmc?oc=5) · The Business Journals
- 2026-07-21 [First State Bank invests $1.5 million in renovation to support continued growth - thefacts.com](https://news.google.com/rss/articles/CBMi6gFBVV95cUxPQjdpcVNfbUQzNE9LUDJWVUF6Q3VmQ2ZtdVlCdDR3Z25lSlBJeUhYZm01UGJRQm05SDY2YzBsTUlfSm1YdXcwc25TeFJnWXNGVmhsUzRDd1lMemRib0U5RUxGT2lLeHJVelNSdnEteVJoTS1NX2dPMF9TYW0yZmU2U2dxd1pjWEpJN2dRV1lZMnZtWUU4dW1wOTNtbGpGc1JmYmE1b3gwbVZCU2I4QXpzZWxjT2FkTkljcE42REU2QmJaanU5Vm1RZ2tJR1dQSUJaT2pBTkhGOWNCRlhJWi1XWFpISmdTdDB5RGc?oc=5) · thefacts.com
- 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
- 2026-04-09 [Fort Smith-based First Bank Corp officially acquires First State Bank - KNWA FOX24](https://news.google.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?oc=5) · KNWA FOX24

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=9437 (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/29.json (key "9437", 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