First State Bank of Blakely
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Data as of · sourced from FFIEC call reports. How we update
First State Bank of Blakely is an FDIC-insured commercial bank headquartered in Blakely, GA, established in 1903 (FDIC certificate 15496), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $668.2M, up 2.0% from Q2 2025, the 23rd largest of 121 banks headquartered in Georgia. Its CET1 capital ratio was 27.02% 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
- 15496
- Headquarters
- Blakely, GA
- Established
- 1903
- Total assets, Q2 2026
- $668.2M
- Assets vs Q2 2025
- +2.0%
- CET1 ratio, Q2 2026
- 27.02%
- Domestic offices
- 8 FDIC institution directory, current count
- Routing number
- 061202931
- Latest call report
- Q2 2026, FFIEC 051 · First State Bank of Blakely call report
- Holding company
- FIRST STATE BANCSHARES OF BLAKELY, INC.
- Asset rank in state
- 23rd of 121 in Georgia
Problem loans are rising at First State Bank of Blakely. Its balance sheet stood at $668 million at June 30, 2026, up 2.0% from a year earlier; it is based in Blakely, Georgia. Loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 3.36% of loans from 1.73% a year earlier. It keeps 5.01 cents of net interest income on every dollar of earning assets, higher than about 9 in 10 of the 2,660 banks with $100 million to $1 billion in assets (median 3.95 cents). It also holds common equity equal to 27.02% of its risk-weighted assets, higher than about 9 in 10 banks its size (median 15.12%).
Loans and deposits moved in opposite directions: over the year loans fell 1.0% and deposits rose 2.7%. Credit is the area to watch: it carries problem assets equal to 12.1% of the capital and reserves that would absorb them, 4.6 times the median of 2.6% for banks its size.
As of June 30, 2026, First State Bank of Blakely reported a CET1 capital ratio of 27.02%, a return on assets of 1.86%, a nonperforming-loan ratio of 3.36% and a Texas ratio of 12.14%. The figures come from its call report filed with the FFIEC.
Of the 121 banks headquartered in Georgia, First State Bank of Blakely is the 23rd largest by total assets at Q2 2026. From Q1 2026 to Q2 2026, its total assets rose 0.6% to $668.2M, loans rose 2.1% and deposits rose 0.3%. Its loan book on June 30, 2026 was led by agricultural production loans, at 24.1% of total loans, followed by farmland and other real estate loans at 23.2%. The FDIC Summary of Deposits lists 8 offices for it, in 8 cities in GA; its Blakely office books 35% of its branch deposits. On its Q2 2026 call report, First State Bank of Blakely meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 2213 S Main St, Blakely, GA 39823
- County
- Early
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Atlanta (Region 5)
- Federal Reserve member
- No
- Federal Reserve district
- District 6, Atlanta
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- January 1, 1903
- Domestic offices
- 8 FDIC institution directory, current count
- Employees (FTE)
- 107
- Domestic deposits
- $533.3M
- Allowance for credit losses
- $6.7M
- Net charge-offs (YTD)
- -$9K
- Average total assets
- $675.0M
- Average total loans
- $446.3M
- Average interest-bearing deposits
- $439.4M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- May 28, 1937
- FDIC Cert
- 15496
- Fed RSSD
- 5135
- Website
- fsbanks.com →
- Parent Holding Company
- FIRST STATE BANCSHARES OF BLAKELY, INC. (RSSD 1139840)
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 of Blakely's total assets ran between $596.7M (Q3 2023) and $668.7M (Q4 2025), 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
$668.2M total assets against $654.8M; $538.0M total liabilities against $534.7M.
$448.0M net loans and leases against $453.0M; $533.3M total deposits against $519.3M.
$112.1M securities against $100.5M; $79.3M cash and balances due against $73.0M.
$10.8M total interest income against $11.2M; $2.7M total interest expense against $3.1M.
$8.1M net interest income against $8.1M.
$1.0M total noninterest income against $493K; $4.5M total noninterest expense against $4.3M.
$485K provision for credit losses against $0.
$3.1M net income against $3.3M.
1.86% return on assets against 2.00%; 5.01% net interest margin against 5.13%.
27.02% CET1 capital ratio; 19.19% tier 1 leverage ratio against 18.04%.
Inside the full First State Bank of Blakely terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Nonperforming loans (nonaccrual loans plus loans 90 or more days past due) exceed 3% of total loans. BankRegReports band at 3% of total loans.
First State Bank of Blakely rankings
Its closest position to the top of a national ranking is 119 of 2,134, for CET1 ratio; its furthest is 1,408 of 4,196, for total assets.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 1.42% (Q4 2024) to 2.00% (Q2 2025) and its net interest margin ran from 4.68% (Q4 2025) to 5.23% (Q3 2024).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 27.02% | 1.86% | 3.36% | 12.14% | 5.01% |
| Q1 2026 | — | 1.71% | 4.09% | 14.05% | 4.76% |
| Q4 2025 | 26.81% | 1.47% | 3.95% | 13.51% | 4.68% |
| Q3 2025 | — | 1.92% | 1.90% | 7.14% | 5.04% |
| Q2 2025 | — | 2.00% | 1.73% | 6.59% | 5.13% |
| Q1 2025 | 25.35% | 1.86% | 0.54% | 2.23% | 4.84% |
| Q4 2024 | — | 1.42% | 0.45% | 1.87% | 4.91% |
| Q3 2024 | — | 1.99% | 0.36% | 4.35% | 5.23% |
Swipe the table sideways to see every column.
Branch Network
View all 8 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 of Blakely (main office) | Blakely , GA | 39823 | $187.3M |
| Colquitt Branch | Colquitt , GA | 39837 | $88.7M |
| Bainbridge Branch | Bainbridge , GA | 39819 | $65.0M |
| Albany Branch | Albany , GA | 31701 | $56.7M |
| Arlington Branch | Arlington , GA | 39813 | $54.0M |
| Donalsonville Branch | Donalsonville , GA | 39845 | $52.1M |
| Leesburg Branch | Leesburg , GA | 31763 | $18.3M |
| Ft. Gaines Branch | Fort Gaines , GA | 39851 | $11.1M |
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 14, 2002 | Structure Change | Acquired First State Bank of Donalsonville Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| November 13, 2002 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| August 25, 1994 | Structure Change | Acquired Bostwick Banking Company Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| August 24, 1994 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
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 GA, rank 47 of 177 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 2 loans, $108K approved, $54K average. 50.00% of that year's loans have since been charged off
- Period: Federal fiscal year 1997 (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 of Blakely
What are First State Bank of Blakely's total assets?
As of the Q2 2026 filing, First State Bank of Blakely reported total assets of $668.2 million in its FFIEC call report.
Where is First State Bank of Blakely headquartered?
It is headquartered in Blakely, GA, United States.
When was First State Bank of Blakely founded?
It was established in 1903, per the FDIC institution directory.
Is First State Bank of Blakely FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #15496). 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 of Blakely?
First State Bank of Blakely's primary federal regulator is the FDIC.
What is First State Bank of Blakely's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 27.02% 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 of Blakely operate?
It operates 8 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 of Blakely's Texas Ratio?
Its Texas Ratio is 12.14% 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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