First State Bank (Winchester, OH)
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Data as of · sourced from FFIEC call reports. How we update
First State Bank is an FDIC-insured commercial bank headquartered in Winchester, OH, established in 1934 (FDIC certificate 9437), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $1.24B, up 10.7% from Q2 2025, the 33rd largest of 154 banks headquartered in Ohio. Its CET1 capital ratio was 17.38% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 9437
- Headquarters
- Winchester, OH
- Established
- 1934
- Total assets, Q2 2026
- $1.24B
- Assets vs Q2 2025
- +10.7%
- CET1 ratio, Q2 2026
- 17.38%
- Domestic offices
- 18 FDIC institution directory, current count
- Routing number
- 042212050
- Holding company
- FIRST STATE BANCORP, INC.
- Asset rank in state
- 33rd of 154 in Ohio
Problem loans are rising at First State Bank. It reported $1.2 billion in assets at June 30, 2026, up 10.7% from a year earlier. Loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 0.86% of loans from 0.44% a year earlier. It holds common equity equal to 17.38% of its risk-weighted assets, higher than about three-quarters of the 895 banks with $1 billion to $10 billion in assets (median 13.52%). On the other hand, it keeps 3.17 cents of net interest income on every dollar of earning assets, lower than about three-quarters of banks its size (median 3.71 cents).
Net income for the quarter rose 11% from a year earlier, to $3.2 million. Paper losses on its bond portfolio are shrinking: unrealized losses of $28 million equal 22% of Tier 1 capital, down from 42% a year earlier.
As of June 30, 2026, First State Bank reported a CET1 capital ratio of 17.38%, a return on assets of 1.04%, a nonperforming-loan ratio of 0.86% and a Texas ratio of 4.31%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, First State Bank is the 33rd largest of the 154 banks headquartered in Ohio. From Q1 2026 to Q2 2026, its total assets rose 4.4% to $1.24B, loans rose 0.3% and deposits rose 1.7%. Its loan book on June 30, 2026 was led by 1-4 family residential loans, at 37.0% of total loans, followed by non-owner-occupied commercial real estate loans at 36.3%. Its 17 offices in the FDIC Summary of Deposits are in 17 cities across 2 states; its Winchester office books 25% of its branch deposits. On its Q2 2026 call report, First State Bank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 19230 State Route 136, Winchester, OH 45697
- County
- Adams
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Chicago (Region 9)
- Federal Reserve member
- No
- Federal Reserve district
- District 4, Cleveland
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- January 1, 1934
- Former names
- The First State Bank of Adams County (1969-2008)
- Domestic offices
- 18 FDIC institution directory, current count
- Employees (FTE)
- 189
- Domestic deposits
- $1.10B
- Allowance for credit losses
- $8.2M
- Net charge-offs (YTD)
- $74K
- Average total assets
- $1.24B
- Average total loans
- $572.1M
- Average interest-bearing deposits
- $930.1M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 9437
- Fed RSSD
- 294023
- SEC CIK
- 865432 → filed by FIRST STATE BANCORP, INC.
- Website
- www.fsb4me.com →
- Parent Holding Company
- FIRST STATE BANCORP, INC. (RSSD 2376941)
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. How we compute these figures
Quarterly trends
Over the 12 quarters to Q2 2026, First State Bank's total assets ran between $922.3M (Q3 2023) and $1.24B (Q2 2026), and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$1.24B total assets against $1.12B; $1.13B total liabilities against $1.05B.
$565.8M net loans and leases against $531.5M; $1.10B total deposits against $1.05B.
$522.7M securities against $437.7M; $96.9M cash and balances due against $98.7M.
$14.8M total interest income against $13.8M; $5.7M total interest expense against $5.1M.
$9.2M net interest income against $8.6M.
$1.6M total noninterest income against $1.7M; $6.8M total noninterest expense against $6.4M.
$226K provision for credit losses against $450K.
$3.2M net income against $2.9M.
1.04% return on assets against 1.03%; 3.17% net interest margin against 3.21%.
17.38% CET1 capital ratio against 14.58%; 10.47% tier 1 leverage ratio against 8.64%.
Inside the full First State Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeFirst State Bank rankings
Its closest position to the top of a national ranking is 863 of 4,196, for total assets; its furthest is 703 of 980, for uninsured deposits.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 0.77% (Q4 2024) to 1.27% (Q3 2024) and its net interest margin ran from 3.09% (Q3 2024) to 3.28% (Q4 2025).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 17.38% | 1.04% | 0.86% | 4.31% | 3.17% |
| Q1 2026 | 17.09% | 1.12% | 0.44% | 2.36% | 3.24% |
| Q4 2025 | 17.44% | 0.98% | 0.44% | 2.30% | 3.28% |
| Q3 2025 | 14.54% | 0.99% | 0.49% | 3.38% | 3.17% |
| Q2 2025 | 14.58% | 1.03% | 0.44% | 3.24% | 3.21% |
| Q1 2025 | 16.37% | 1.05% | 0.39% | 2.55% | 3.24% |
| Q4 2024 | 16.56% | 0.77% | 0.31% | 2.03% | 3.11% |
| Q3 2024 | 16.64% | 1.27% | 0.35% | 2.12% | 3.09% |
Swipe the table sideways to see every column.
Branch Network
View all 17 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| First State Bank (main office) | Winchester , OH | 45697 | $271.0M |
| West Union Branch | West Union , OH | 45693 | $134.1M |
| Georgetown Branch | Georgetown , OH | 45121 | $131.5M |
| Inez Deposit Bank Branch | Inez , KY | 41224 | $82.3M |
| Washington Court House Branch | Washington Court House , OH | 43160 | $80.7M |
| Hillsboro Branch | Hillsboro , OH | 45133 | $69.1M |
| Inez Deposit Bank E Main St Branch | Louisa , KY | 41230 | $51.7M |
| Manchester Branch | Manchester , OH | 45144 | $50.0M |
| Peebles Branch | Peebles , OH | 45660 | $49.3M |
| Seaman Branch | Seaman , OH | 45679 | $43.0M |
| Mt Orab Branch | Mount Orab , OH | 45154 | $40.7M |
| Ripley Branch | Ripley , OH | 45167 | $35.8M |
| Fayetteville Branch | Fayetteville , OH | 45118 | $19.6M |
| Wilmington Branch | Wilmington , OH | 45177 | $14.5M |
| Warfield Branch | Warfield , KY | 41267 | $13.1M |
| Maysville Branch | Maysville , KY | 41056 | $6.5M |
| Portsmouth Branch | Portsmouth , OH | 45662 | $5.0M |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| February 20, 2021 | Structure Change | Acquired Inez Deposit Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| February 19, 2021 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| August 6, 2016 | Structure Change | Acquired First Safety Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| August 5, 2016 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| May 1, 1969 | Structure Change | Acquired Bank of Manchester Company Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 5 events.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.2% of deposits in OH, rank 42 of 184 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 2 loans, $518K approved, $259K average. 100.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2014 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Mortgage lending (HMDA), Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about First State Bank
What are First State Bank's total assets?
As of the Q2 2026 filing, First State Bank reported total assets of $1.24 billion in its FFIEC call report.
Where is First State Bank headquartered?
It is headquartered in Winchester, OH, United States.
When was First State Bank founded?
It was established in 1934, per the FDIC institution directory.
Is First State Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #9437). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates First State Bank?
First State Bank's primary federal regulator is the FDIC.
What is First State Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 17.38% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does First State Bank operate?
It operates 18 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is First State Bank's Texas Ratio?
Its Texas Ratio is 4.31% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
What was First State Bank previously called?
The charter now named First State Bank has also operated as The First State Bank of Adams County (1969-2008), per FDIC structure-change records.
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