# FIRST STATE BANK
RICE, TX · FDIC certificate 9973 · asset band <$300M · latest filing 2022-06 · stopped filing (departed)

**Verdict on the desk:** this could be *liquidity-rich*. Composite score 2 (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 | $221.6M | |
| Deposits | $198.9M | |
| Loans and leases | $90.1M | |
| Total equity | $22.6M | |
| Loans / deposits | 44.61% (p23 of band) | 61.37% |
| Liquid assets / assets | 56.65% (p78 of band) | |
| Uninsured deposits / deposits | 39.20% (p92 of band) | 20.48% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p25 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 9.46% (p32 of band) | 10.54% |
| Unrealized securities loss / equity | -0.11% (p93 of band) | -19.24% |
| AOCI / equity | -0.08% (p85 of band) | |
| ROA (annualized) | 0.09% (p9 of band) | 0.80% |
| Net interest margin | 2.60% (p24 of band) | 3.08% |
| Efficiency ratio | 88.83% (p84 of band) | |
| Noncurrent loans | 0.00% (p12 of band) | 0.23% |
| Net charge-offs (annualized) | 0.19% (p97 of band) | |
| Reserve coverage of noncurrent | – | |
| Real estate % of loans | 70% | |
| Construction % of loans | 28.38% (p59 of band) | |
| Auto loans | $1.1M (1.24% of loans; DQ 0.00%, NCO 0.01%) | |
| Loans to nondepository financials | $1.7M (8% of equity) (p98 of band) | |
| Deposits YoY | 18.7% | |
| Employees | 39 | |

## Flags firing in the latest filing

- **capital falling** (`cap_falling`)
- **charge-offs p90** (`aq_nco`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 1 | capital falling |  |
| 2011-12 | 0 |  | capital falling |
| 2012-03 | 1 | charge-offs p90 |  |
| 2012-06 | 3 | deposits shrinking, assets shrinking, uninsured deposits leaving | charge-offs p90 |
| 2012-09 | 1 |  | deposits shrinking, assets shrinking |
| 2012-12 | 1 | capital falling | uninsured deposits leaving |
| 2013-03 | 1 | charge-offs p90 | capital falling |
| 2013-06 | 2 | losing money |  |
| 2013-09 | 2 | capital falling | losing money |
| 2013-12 | 1 |  | capital falling |
| 2014-03 | 1 |  |  |
| 2014-06 | 2 | deposits shrinking, assets shrinking | charge-offs p90 |
| 2014-09 | 0 |  | deposits shrinking, assets shrinking |
| 2014-12 | 0 |  |  |
| 2015-03 | 1 | capital falling |  |
| 2015-06 | 1 | reserve under noncurrent | capital falling |
| 2015-09 | 1 |  |  |
| 2015-12 | 3 | deposits shrinking, assets shrinking, uninsured deposits leaving | reserve under noncurrent |
| 2016-03 | 4 | reserve under noncurrent |  |
| 2016-06 | 4 |  |  |
| 2016-09 | 4 |  |  |
| 2016-12 | 2 | noncurrent p90 | deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2017-03 | 5 | capital falling, losing money, charge-offs p90 |  |
| 2017-06 | 2 |  | capital falling, losing money, charge-offs p90 |
| 2017-09 | 2 |  |  |
| 2017-12 | 2 |  |  |
| 2018-03 | 3 | capital falling |  |
| 2018-06 | 2 | expense ratio p90 | noncurrent p90, capital falling |
| 2018-09 | 1 |  | expense ratio p90 |
| 2018-12 | 0 |  | reserve under noncurrent |
| 2019-03 | 3 | capital falling, charge-offs p90, reserve under noncurrent |  |
| 2019-06 | 1 |  | capital falling, reserve under noncurrent |
| 2019-09 | 0 |  | charge-offs p90 |
| 2019-12 | 0 |  |  |
| 2020-03 | 1 | capital falling |  |
| 2020-06 | 1 |  |  |
| 2020-09 | 0 |  | capital falling |
| 2020-12 | 0 |  |  |
| 2021-03 | 2 | uninsured deposits >50%, capital falling |  |
| 2021-06 | 1 |  | uninsured deposits >50% |
| 2021-09 | 0 |  | capital falling |
| 2021-12 | 0 |  |  |
| 2022-03 | 2 | capital falling, uninsured deposits leaving |  |
| 2022-06 | 2 | charge-offs p90 | uninsured deposits leaving |

## 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
- 2026-04-08 [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
- 2026-07-30 [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
- 2026-02-20 [First State Bank of Burnet breaks ground on new location in Plainview - Plainview Herald](https://news.google.com/rss/articles/CBMioAFBVV95cUxPdU1BcGFwZW9iN00wdnJNc2xQNUV5TVlKMXItTEtHaXhJMzFzT2dvUVNpSG1KUnZhR3M1THJwVEFYVy1EclAtZ2FxMjJHanJKTkxFdXhlYVZLaDJPQ2RZMTlMUi05NUR6MWgtdkpPZ0VjTG5vSlZTMmF4VFg1NDlEMnBQTzZvcVlOd3J4dzl3aDhMaFZXY3VwRUc5c0t6elIz?oc=5) · Plainview Herald
- 2026-03-11 [How students can apply for First State Bank’s $1,000 scholarships - Stevens Point Journal](https://news.google.com/rss/articles/CBMi4wFBVV95cUxOSDVxQ1ExYmluRVg3VmhROHozQzQ1SXpnTGwtVmRGOUhGWkMxZWdWWU42SVFTYk1hNnN1NmppSTJIZFhVY3A1M1NrNzRsUVg3N0stU2ZHY0xvM2N3VUZ2OTNGX01jYVRUTkxrVUdITXVVYnZJSHZCVWdHNGUwV1JUc05DZWlUZHdLRzBraE1JWWJZQmdwSTlvNlVrakp4bEdiell5cm16YVV5TnMtMlFkbS1vN2RGM0dCMEIzd2h0akRtQkRfVXBOQUVVLS1RR3VfeHpTTnhISUdzUmZlOUFuS3RMMA?oc=5) · Stevens Point Journal
- 2026-05-12 [Banking legend Carlos Vacek dies at 89 - The Record Newspapers](https://news.google.com/rss/articles/CBMiowFBVV95cUxNODNOQ2ZscG9GWEdESmtZcHNoNXZmc2dFVmdxQ0xEOC1DNXNTaUZjRlRySDFaMTBuSHpSckFaalVJX1d5S1prSmR4ZTcyaWdBQ1NsUlVzRXRudVZIc1FFNHNod0pRejdmcmdvLUdCWkxCZl9TTno2TmpLQnlRN1pwQ3UzTjBTZ3l0MXUxbTNWQUdESDMxeXZ6Q0JscFQ0b2ppcVNN?oc=5) · The Record Newspapers
- 2026-05-08 [Bastrop residents could see expanded First National Bank services following acquisition - Community Impact](https://news.google.com/rss/articles/CBMi3gFBVV95cUxOb1QtWkJhdTRzVWdLUFNOX1dZd09fY1RWNFpIS1JMa2tkT0lZTHZxQWU5YldxNThhakRCakRyc2VadTRLSHN3dXVwZ3podTJFT09CdmYxM3lJTWItMnJzR1NqcFJfZ19wMGxidzVsbkRFOG45M2RSOU41Wng5VzVFOXFLQXJTMGlYZ2xBTmJGb0ZQcVkwUDd2alBJOTI4dDFXd2JxMXh1czlnVzMyZGp0U1VTQzdhQVZJVDdQT0pjWEdULXdSQk12QzZBVW5BVHVUbG5FVkNndHBOQklkYUE?oc=5) · Community Impact
- 2026-02-20 [First State Bank of Uvalde, Stary family donate to support first responder training - Uvalde Leader News](https://news.google.com/rss/articles/CBMiwwFBVV95cUxOcmt2RERGcG11R1ZmTUZKYjlHYV9rZGVaOFV2d2tPTm1uYUdwR2o2MnUtMzY2dXNtVTFwWEJybnBjWHVjUjVDdkh5OUVQeHVrNUNENkJmTzhZb29PSFFkQWwtaWx0NmpIbWU2TGNYUHZGOHNOZ0dCRENyNHE3V3ZoWVZtVGQ4RlJUNVZ0Q1RZR0dla1paYkdSdEM3R1lNa1JtUDNTQTFMRVlFRy1mQWNUOU9wb3ZTb0ZjT1VBNElLbUJPRVE?oc=5) · Uvalde Leader News

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=9973 (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/53.json (key "9973", 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