First State Bank and Trust Company
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Data as of · sourced from FFIEC call reports. How we update
First State Bank and Trust Company is an FDIC-insured commercial bank headquartered in Carthage, TX, established in 1902 (FDIC certificate 11559), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $547.4M, up 3.0% from Q2 2025, the 152nd largest of 346 banks headquartered in Texas. It reports no CET1 ratio; its Tier 1 leverage ratio was 14.00% 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
- 11559
- Headquarters
- Carthage, TX
- Established
- 1902
- Total assets, Q2 2026
- $547.4M
- Assets vs Q2 2025
- +3.0%
- Tier 1 leverage ratio, Q2 2026
- 14.00%
- Domestic offices
- 1 FDIC institution directory, current count
- Routing number
- 111904150
- Latest call report
- Q2 2026, FFIEC 051 · First State Bank and Trust Company call report
- Holding company
- CARTHAGE STATE BANCSHARES, INC.
- Asset rank in state
- 152nd of 346 in Texas
Problem loans are rising at First State Bank and Trust Company. It reported $547 million in assets at June 30, 2026, up 3.0% from a year earlier. Loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 1.96% of loans from 1.66% a year earlier. It keeps 2.65 cents of net interest income on every dollar of earning assets, lower than about 9 in 10 of the 2,660 banks with $100 million to $1 billion in assets (median 3.95 cents). On the other hand, it holds commercial real estate loans equal to only 11% of its capital, a small fraction of the median of 1.2 times for banks its size.
Earnings jumped: net income for the quarter was $1.2 million, 38% above the same quarter a year earlier. Over the same year, loans shrank 1.2% and deposits grew 10.6%.
As of June 30, 2026, First State Bank and Trust Company reported a return on assets of 0.88%, a nonperforming-loan ratio of 1.96% and a Texas ratio of 6.56%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, First State Bank and Trust Company is the 152nd largest of the 346 banks headquartered in Texas. Between Q1 2026 and Q2 2026, its total assets fell 0.9% to $547.4M, loans fell 0.1% and deposits fell 1.0%. Its loan book on June 30, 2026 was led by 1-4 family residential loans, at 58.6% of total loans, followed by other consumer loans at 8.4%. Its one office in the FDIC Summary of Deposits is in Carthage, TX. By the capital ratios in its Q2 2026 call report, First State Bank and Trust Company meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 110 W Panola St, Carthage, TX 75633
- County
- Panola
- 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
- Full trust powers granted
- Call Report form
- FFIEC 051
- Established
- February 27, 1902
- Domestic offices
- 1 FDIC institution directory, current count
- Employees (FTE)
- 51
- Domestic deposits
- $490.6M
- Allowance for credit losses
- $1.5M
- Net charge-offs (YTD)
- $174K
- Average total assets
- $569.0M
- Average total loans
- $180.5M
- Average interest-bearing deposits
- $478.6M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 11559
- Fed RSSD
- 1012251
- Website
- www.fsbcarthage.com →
- Parent Holding Company
- CARTHAGE STATE BANCSHARES, INC. (RSSD 2767512)
- Ultimate Parent
- MURPHY-PAYNE INVESTMENTS, LTD. (RSSD 2904960)
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 and Trust Company reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
From Q3 2023 to Q2 2026, First State Bank and Trust Company's total assets ranged from $531.4M (Q2 2025) to $587.3M (Q1 2024), 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
$547.4M total assets against $531.4M; $494.9M total liabilities against $483.2M.
$179.0M net loans and leases against $181.3M; $490.6M total deposits against $443.4M.
$293.0M securities against $306.7M; $42.0M cash and balances due against $7.5M.
$5.6M total interest income against $5.3M; $2.1M total interest expense against $2.5M.
$3.4M net interest income against $2.9M.
$733K total noninterest income against $723K; $2.6M total noninterest expense against $2.6M.
$24K provision for credit losses against $0.
$1.2M net income against $906K.
0.88% return on assets against 0.65%; 2.65% net interest margin against 2.26%.
14.00% tier 1 leverage ratio against 14.56%.
Inside the full First State Bank and Trust Company terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeFirst State Bank and Trust Company rankings
Its closest position to the top of a national ranking is 1,032 of 3,640, for Texas Ratio; its furthest is 2,758 of 3,611, for ROA.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 0.36% (Q3 2024) to 1.00% (Q1 2026) and its net interest margin ran from 1.89% (Q3 2024) to 2.65% (Q2 2026).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 14.00% | 0.88% | 1.96% | 6.56% | 2.65% |
| Q1 2026 | 13.98% | 1.00% | 2.14% | 7.24% | 2.64% |
| Q4 2025 | 14.44% | 0.66% | 2.02% | 6.51% | 2.64% |
| Q3 2025 | 14.73% | 0.66% | 1.93% | 6.41% | 2.40% |
| Q2 2025 | 14.56% | 0.65% | 1.66% | 6.11% | 2.26% |
| Q1 2025 | 14.30% | 0.49% | 1.36% | 5.14% | 2.19% |
| Q4 2024 | 14.07% | 0.53% | 1.37% | 5.69% | 2.04% |
| Q3 2024 | 13.97% | 0.36% | 1.34% | 4.68% | 1.89% |
Swipe the table sideways to see every column.
Branch Network
View the branch → 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 and Trust Company (main office) | Carthage , TX | 75633 | $490.6M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in TX, rank 192 of 441 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Not on file
- Enforcement actions, Mortgage lending (HMDA), SBA 7(a) lending, 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 and Trust Company
What are First State Bank and Trust Company's total assets?
As of the Q2 2026 filing, First State Bank and Trust Company reported total assets of $547.4 million in its FFIEC call report.
Where is First State Bank and Trust Company headquartered?
It is headquartered in Carthage, TX, United States.
When was First State Bank and Trust Company founded?
It was established in 1902, per the FDIC institution directory.
Is First State Bank and Trust Company FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #11559). 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 and Trust Company?
First State Bank and Trust Company's primary federal regulator is the FDIC.
How many branches does First State Bank and Trust Company operate?
It operates 1 domestic office, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is First State Bank and Trust Company's Texas Ratio?
Its Texas Ratio is 6.56% 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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