First State Bank (Farnam, NE)
BankRegReports is independent of First State Bank and never asks for online banking logins or passwords.
Data as of · sourced from FFIEC call reports. How we update
First State Bank is an FDIC-insured commercial bank headquartered in Farnam, NE, established in 1904 (FDIC certificate 12244), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $199.5M, up 7.5% from Q2 2025, the 80th largest of 138 banks headquartered in Nebraska. It reports no CET1 ratio; its Tier 1 leverage ratio was 11.94% 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
- 12244
- Headquarters
- Farnam, NE
- Established
- 1904
- Total assets, Q2 2026
- $199.5M
- Assets vs Q2 2025
- +7.5%
- Tier 1 leverage ratio, Q2 2026
- 11.94%
- Domestic offices
- 5 FDIC institution directory, current count
- Routing number
- 104904646
- Holding company
- NEBRASKA BANKSHARES, INC.
- Asset rank in state
- 80th of 138 in Nebraska
First State Bank, based in Farnam, Nebraska, reported $200 million in assets at June 30, 2026, up 7.5% from a year earlier. It grew deposits 14.6% over the year, 3.6 times the median of 4.0% for the 2,660 banks with $100 million to $1 billion in assets. It also keeps 3.14 cents of net interest income on every dollar of earning assets, lower than about three-quarters of banks its size (median 3.95 cents).
Loans and deposits moved in opposite directions: over the year loans fell 0.3% and deposits rose 14.6%. Delinquency has appeared in its $12 million non-owner-occupied commercial real estate book: 4.13% of those loans are past due or on nonaccrual, against almost none a year earlier. Funding is the softer spot: it pays an average of 2.35% on its deposits and borrowings, higher than about three-quarters of banks its size (median 1.80%).
As of June 30, 2026, First State Bank reported a return on assets of 1.73%, a nonperforming-loan ratio of 0.33% and a Texas ratio of 1.48%. The figures come from its call report filed with the FFIEC.
First State Bank ranks as the 80th largest of the 138 banks based in Nebraska, by total assets at Q2 2026. From Q1 2026 to Q2 2026, its total assets fell 1.1% to $199.5M, loans rose 0.7% and deposits fell 3.4%. Its loan book on June 30, 2026 was led by farmland and other real estate loans, at 34.0% of total loans, followed by agricultural production loans at 18.9%. The FDIC Summary of Deposits lists 5 offices for it, in 5 cities in NE; its Farnam office books 46% of its branch deposits. On its Q2 2026 call report, First State Bank meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 222 Main St, Farnam, NE 69029
- County
- Dawson
- Metro Area
- Lexington, NE
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Kansas City (Region 11)
- Federal Reserve member
- No
- Federal Reserve district
- District 10, Kansas City
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- July 26, 1904
- Domestic offices
- 5 FDIC institution directory, current count
- Employees (FTE)
- 30
- Domestic deposits
- $121.3M
- Allowance for credit losses
- $1.6M
- Net charge-offs (YTD)
- $1K
- Average total assets
- $199.3M
- Average total loans
- $97.4M
- Average interest-bearing deposits
- $98.5M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 12244
- Fed RSSD
- 488756
- SEC CIK
- 1790626 → filed by NEBRASKA BANKSHARES, INC.
- Website
- www.1ststatebank4me.com →
- Parent Holding Company
- NEBRASKA BANKSHARES, INC. (RSSD 1054765)
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
First State Bank's total assets moved between a low of $170.9M (Q2 2024) and a high of $207.4M (Q4 2025) from Q3 2023 to 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
$199.5M total assets against $185.5M; $175.9M total liabilities against $162.5M.
$96.9M net loans and leases against $97.3M; $121.3M total deposits against $105.9M.
$60.2M securities against $53.3M; $10.6M cash and balances due against $14.1M.
$2.5M total interest income against $2.3M; $1.1M total interest expense against $1.1M.
$1.5M net interest income against $1.2M.
$425K total noninterest income against $422K; $1.1M total noninterest expense against $1.0M.
-$37K provision for credit losses against -$30K.
$862K net income against $643K.
1.73% return on assets against 1.39%; 3.14% net interest margin against 2.86%.
11.94% tier 1 leverage ratio against 12.72%.
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 852 of 3,611, for ROA; its furthest is 2,967 of 4,196, for total assets.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 1.32% (Q1 2025) to 1.75% (Q4 2025) and its net interest margin ran from 2.68% (Q4 2024) to 3.24% (Q4 2025).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 11.94% | 1.73% | 0.33% | 1.48% | 3.14% |
| Q1 2026 | 11.77% | 1.56% | 2.24% | 9.83% | 3.08% |
| Q4 2025 | 12.34% | 1.75% | 0.38% | 1.64% | 3.24% |
| Q3 2025 | 12.74% | 1.32% | 0.45% | 2.07% | 2.87% |
| Q2 2025 | 12.72% | 1.39% | 0.63% | 2.95% | 2.86% |
| Q1 2025 | 12.03% | 1.32% | 1.36% | 6.74% | 2.80% |
| Q4 2024 | 12.29% | 1.46% | 1.03% | 5.40% | 2.68% |
| Q3 2024 | 13.06% | 1.42% | 0.34% | 1.76% | 2.74% |
Swipe the table sideways to see every column.
Branch Network
View all 5 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) | Farnam , NE | 69029 | $55.4M |
| Community Bank Branch | Alma , NE | 68920 | $26.5M |
| Stamford Branch | Stamford , NE | 68977 | $15.6M |
| Cambridge Bank Branch | Cambridge , NE | 69022 | $12.5M |
| First State Bank Branch | Holbrook , NE | 68948 | $11.3M |
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 |
|---|---|---|---|
| November 7, 2015 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| November 7, 2015 | Structure Change | Acquired Community Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| January 17, 2009 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| January 17, 2009 | Structure Change | Acquired First State Bank 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 4 events.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.1% of deposits in NE, rank 104 of 160 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 1 loans, $100K approved, $100K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2017 (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
Add this badge to your website
Free to use. It shows First State Bank’s latest filed figures and updates each quarter.
Similar banks
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 $199.5 million in its FFIEC call report.
Where is First State Bank headquartered?
It is headquartered in Farnam, NE, United States.
When was First State Bank founded?
It was established in 1904, per the FDIC institution directory.
Is First State Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #12244). 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 5 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 1.48% 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.
Go deeper on First State Bank.
Get an email when First State Bank files its next call report, and benchmark it against any peer you choose.
Unlock First State Bank, freeFree account