First State Bank (Paint Rock, 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 Paint Rock, TX, established in 1910 (FDIC certificate 17775), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $174.3M, up 8.4% from Q2 2025, the 267th largest of 346 banks headquartered in Texas. It reports no CET1 ratio; its Tier 1 leverage ratio was 14.14% 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
- 17775
- Headquarters
- Paint Rock, TX
- Established
- 1910
- Total assets, Q2 2026
- $174.3M
- Assets vs Q2 2025
- +8.4%
- Tier 1 leverage ratio, Q2 2026
- 14.14%
- Domestic offices
- 2 FDIC institution directory, current count
- Routing number
- 111312205
- Holding company
- PAINT ROCK BANCSHARES, INC.
- Asset rank in state
- 267th of 346 in Texas
First State Bank runs leaner than most banks of its size. It reported $174 million in assets at June 30, 2026, up 8.4% from a year earlier. It spends about 43 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 holds commercial real estate loans equal to only 17% of its capital, a small fraction of the median of 1.2 times for banks its size.
Its $8.9 million commercial and industrial book is improving, with 10.56% past due or on nonaccrual, down from 12.35% a year earlier. Deposits are coming in faster than loans: over the year loans rose 1.9% and deposits rose 8.4%. One more trend to watch: net income for the quarter slipped 12% from a year earlier, to $801,000.
As of June 30, 2026, First State Bank reported a return on assets of 1.81%, a nonperforming-loan ratio of 1.90% and a Texas ratio of 4.88%. The figures come from its call report filed with the FFIEC.
Of the 346 banks headquartered in Texas, First State Bank is the 267th largest by total assets at Q2 2026. From Q1 2026 to Q2 2026, its total assets fell 5.6% to $174.3M, loans fell 0.4% and deposits fell 6.7%. Agricultural production loans made up 31.8% of its total loans on June 30, 2026, its largest category; next came farmland and other real estate loans at 18.7%. The FDIC Summary of Deposits lists 2 offices for it, in San Angelo, TX and Paint Rock, TX; its San Angelo office books 54% 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
- 245 W Moss St, Paint Rock, TX 76866
- County
- Concho
- 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
- —
- Call Report form
- FFIEC 051
- Established
- January 1, 1910
- Domestic offices
- 2 FDIC institution directory, current count
- Employees (FTE)
- 13
- Domestic deposits
- $148.1M
- Allowance for credit losses
- $1.1M
- Net charge-offs (YTD)
- $308K
- Average total assets
- $177.1M
- Average total loans
- $52.9M
- Average interest-bearing deposits
- $80.9M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- June 20, 1957
- FDIC Cert
- 17775
- Fed RSSD
- 719964
- Website
- www.fsbpaintrock.com →
- Parent Holding Company
- PAINT ROCK BANCSHARES, INC. (RSSD 3938720)
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 $144.5M (Q2 2024) and a high of $184.6M (Q1 2026) 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
$174.3M total assets against $160.8M; $150.0M total liabilities against $138.4M.
$57.4M net loans and leases against $56.4M; $148.1M total deposits against $136.6M.
$49.2M securities against $48.7M; $61.8M cash and balances due against $50.0M.
$2.1M total interest income against $2.0M; $471K total interest expense against $461K.
$1.7M net interest income against $1.6M.
$117K total noninterest income against $99K; $782K total noninterest expense against $768K.
$200K provision for credit losses against $0.
$801K net income against $908K.
1.81% return on assets against 2.24%; 4.06% net interest margin against 4.06%.
14.14% tier 1 leverage ratio against 14.29%.
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 348 of 3,606, for efficiency ratio; its furthest is 3,140 of 4,196, for total assets.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 1.81% (Q2 2026) to 2.86% (Q3 2024) and its net interest margin ran from 3.85% (Q1 2026) to 4.37% (Q3 2024).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 14.14% | 1.81% | 1.90% | 4.88% | 4.06% |
| Q1 2026 | 13.66% | 2.28% | 1.27% | 3.46% | 3.85% |
| Q4 2025 | 14.29% | 2.07% | 1.74% | 4.18% | 3.98% |
| Q3 2025 | 14.59% | 2.46% | 2.39% | 5.74% | 4.03% |
| Q2 2025 | 14.29% | 2.24% | 2.07% | 5.09% | 4.06% |
| Q1 2025 | 13.86% | 2.36% | 0.88% | 2.28% | 4.00% |
| Q4 2024 | 14.58% | 2.51% | 0.62% | 1.62% | 4.22% |
| Q3 2024 | 14.57% | 2.86% | 0.63% | 1.68% | 4.37% |
Swipe the table sideways to see every column.
Branch Network
View all 2 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 |
|---|---|---|---|
| San Angelo Branch | San Angelo , TX | 76905 | $80.6M |
| First State Bank (main office) | Paint Rock , TX | 76866 | $67.5M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in TX, rank 326 of 441 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 1 loans, $40K approved, $40K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2003 (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 $174.3 million in its FFIEC call report.
Where is First State Bank headquartered?
It is headquartered in Paint Rock, TX, United States.
When was First State Bank founded?
It was established in 1910, per the FDIC institution directory.
Is First State Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #17775). 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 2 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 4.88% 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.
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