First State Bank (Stratford, TX)
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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 Stratford, TX, established in 1948 (FDIC certificate 16695), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $371.9M, up 6.8% from Q2 2025, the 190th largest of 346 banks headquartered in Texas. It reports no CET1 ratio; its Tier 1 leverage ratio was 12.58% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 16695
- Headquarters
- Stratford, TX
- Established
- 1948
- Total assets, Q2 2026
- $371.9M
- Assets vs Q2 2025
- +6.8%
- Tier 1 leverage ratio, Q2 2026
- 12.58%
- Domestic offices
- 3 FDIC institution directory, current count
- Routing number
- 111308633
- Holding company
- STRATFORD BANCSHARES OF DELAWARE, INC.
- Asset rank in state
- 190th of 346 in Texas
First State Bank runs leaner than most banks of its size. The Stratford, Texas bank had $372 million in assets at June 30, 2026, up 6.8% from a year earlier. It spends about 41 cents to bring in each dollar of revenue, lower than about 9 in 10 of the 2,660 banks with $100 million to $1 billion in assets (median 61 cents). It also carries problem assets equal to 0.0% of the capital and reserves that would absorb them, lower than about 9 in 10 banks its size (median 2.6%).
Loans are outrunning deposits: over the year loans rose 32.0% and deposits rose 5.8%. Delinquency has appeared in its $26 million commercial and industrial book: 1.55% of those loans are past due or on nonaccrual, against almost none a year earlier.
As of June 30, 2026, First State Bank reported a return on assets of 2.18%, a nonperforming-loan ratio of 0.00% and a Texas ratio of 0.00%. The figures come from its call report filed with the FFIEC.
Of the 346 banks headquartered in Texas, First State Bank is the 190th largest by total assets at Q2 2026. From Q1 2026 to Q2 2026, its total assets fell 3.7% to $371.9M, loans rose 2.2% and deposits fell 4.6%. The largest part of its loan book on June 30, 2026 was agricultural production loans, at 26.6% of total loans, ahead of farmland and other real estate loans at 20.8%. The FDIC Summary of Deposits lists 3 offices for it, in Dalhart, TX, Stratford, TX and Dumas, TX; its Dalhart office books 60% of its branch deposits. Judged on its Q2 2026 call report, First State Bank meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 302 North Main Street, Stratford, TX 79084
- County
- Sherman
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Dallas (Region 13)
- Federal Reserve member
- No
- Federal Reserve district
- District 11, Dallas
- Fiduciary (trust) powers
- Trust powers not granted
- Call Report form
- FFIEC 051
- Established
- April 26, 1948
- Former names
- The First State Bank of Stratford (1971)
- Domestic offices
- 3 FDIC institution directory, current count
- Employees (FTE)
- 40
- Domestic deposits
- $326.4M
- Allowance for credit losses
- $1.5M
- Net charge-offs (YTD)
- $0
- Average total assets
- $373.4M
- Average total loans
- $243.0M
- Average interest-bearing deposits
- $309.2M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- April 26, 1948
- FDIC Cert
- 16695
- Fed RSSD
- 410560
- Website
- www.firstclassbanking.com →
- Parent Holding Company
- STRATFORD BANCSHARES OF DELAWARE, INC. (RSSD 1842999)
- Ultimate Parent
- STRATFORD BANCSHARES, INC. (RSSD 1138160)
Profitability
Q2 annualizedBalance 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. As a community bank leverage ratio filer, First State Bank reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
Over the 12 quarters to Q2 2026, First State Bank's total assets ran between $330.5M (Q3 2023) and $386.0M (Q1 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
$371.9M total assets against $348.2M; $328.2M total liabilities against $310.2M.
$243.9M net loans and leases against $184.7M; $326.4M total deposits against $308.5M.
$75.0M securities against $83.5M; $45.8M cash and balances due against $72.1M.
$5.1M total interest income against $4.6M; $1.5M total interest expense against $1.5M.
$3.6M net interest income against $3.1M.
$507K total noninterest income against $472K; $1.7M total noninterest expense against $1.6M.
$350K provision for credit losses against $0.
$2.0M net income against $2.0M.
2.18% return on assets against 2.36%; 4.09% net interest margin against 3.86%.
12.58% tier 1 leverage ratio against 12.31%.
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 218 of 3,606, for efficiency ratio; its furthest is 3,436 of 3,640, for Texas Ratio.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 2.13% (Q3 2024) to 2.49% (Q3 2025) and its net interest margin ran from 3.66% (Q3 2024) to 4.09% (Q2 2026).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 12.58% | 2.18% | 0.00% | 0.00% | 4.09% |
| Q1 2026 | 12.12% | 2.38% | 0.00% | 0.00% | 3.93% |
| Q4 2025 | 12.98% | 2.47% | 0.00% | 0.00% | 3.96% |
| Q3 2025 | 12.83% | 2.49% | 0.00% | 0.00% | 3.95% |
| Q2 2025 | 12.31% | 2.36% | 0.00% | 0.00% | 3.86% |
| Q1 2025 | 11.81% | 2.29% | 0.00% | 0.00% | 3.76% |
| Q4 2024 | 12.34% | 2.13% | 0.00% | 0.00% | 3.77% |
| Q3 2024 | 11.81% | 2.13% | 0.00% | 0.00% | 3.66% |
Swipe the table sideways to see every column.
Branch Network
View all 3 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 |
|---|---|---|---|
| Dalhart Office | Dalhart , TX | 79022 | $196.9M |
| First State Bank (main office) | Stratford , TX | 79084 | $81.0M |
| Dumas Office | Dumas , TX | 79029 | $48.5M |
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 |
|---|---|---|---|
| January 3, 1995 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| January 3, 1995 | Structure Change | Acquired North Plains Savings and Loan Association 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 2 events.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in TX, rank 230 of 441 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 1 loans, $370K approved, $370K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2008 (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 $371.9 million in its FFIEC call report.
Where is First State Bank headquartered?
It is headquartered in Stratford, TX, United States.
When was First State Bank founded?
It was established in 1948, per the FDIC institution directory.
Is First State Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #16695). 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.
How many branches does First State Bank operate?
It operates 3 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 0.00% 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 Stratford (1971), per FDIC structure-change records.
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