First State Bank of Forsyth
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Data as of · sourced from FFIEC call reports. How we update
First State Bank of Forsyth is an FDIC-insured commercial bank headquartered in Forsyth, MT, established in 1917 (FDIC certificate 8317), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $165.5M, up 9.8% from Q2 2025, the 23rd largest of 35 banks headquartered in Montana. It reports no CET1 ratio; its Tier 1 leverage ratio was 12.08% 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
- 8317
- Headquarters
- Forsyth, MT
- Established
- 1917
- Total assets, Q2 2026
- $165.5M
- Assets vs Q2 2025
- +9.8%
- Tier 1 leverage ratio, Q2 2026
- 12.08%
- Domestic offices
- 1 FDIC institution directory, current count
- Routing number
- 092903270
- Latest call report
- Q2 2026, FFIEC 051 · First State Bank of Forsyth call report
- Holding company
- FORSYTH BANCSHARES, INC.
- Asset rank in state
- 23rd of 35 in Montana
First State Bank of Forsyth is one of the more profitable banks of its size. The Forsyth, Montana bank had $166 million in assets at June 30, 2026, up 9.8% from a year earlier. It returns 22.0% a year on shareholders' equity, higher than about 9 in 10 of the 2,660 banks with $100 million to $1 billion in assets (median 12.5%). It also spends about 41 cents to bring in each dollar of revenue, lower than about 9 in 10 banks its size (median 61 cents).
Its $11 million commercial and industrial book is improving, with 5.43% past due or on nonaccrual, down from 9.26% a year earlier. Earnings jumped: net income for the quarter was $849,000, 42% above the same quarter a year earlier. Credit is the area to watch: it carries problem assets equal to 8.9% of the capital and reserves that would absorb them, about triple the median of 2.6% for banks its size.
As of June 30, 2026, First State Bank of Forsyth reported a return on assets of 2.08%, a nonperforming-loan ratio of 1.69% and a Texas ratio of 8.89%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, First State Bank of Forsyth is the 23rd largest of the 35 banks headquartered in Montana. From Q1 2026 to Q2 2026, its total assets fell 1.3% to $165.5M, loans rose 8.7% and deposits fell 1.8%. 1-4 family residential loans made up 22.5% of its total loans on June 30, 2026, its largest category; next came agricultural production loans at 22.3%. Its one office in the FDIC Summary of Deposits is in Forsyth, MT. Judged on its Q2 2026 call report, First State Bank of Forsyth meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 880 Main St, Forsyth, MT 59327
- County
- Rosebud
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- San Francisco (Region 14)
- Federal Reserve member
- No
- Federal Reserve district
- District 9, Minneapolis
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- January 1, 1917
- Domestic offices
- 1 FDIC institution directory, current count
- Employees (FTE)
- 19
- Domestic deposits
- $143.4M
- Allowance for credit losses
- $2.0M
- Net charge-offs (YTD)
- -$99K
- Average total assets
- $163.5M
- Average total loans
- $87.0M
- Average interest-bearing deposits
- $109.9M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 8317
- Fed RSSD
- 597658
- Website
- www.firststatebankforsyth.com →
- Parent Holding Company
- FORSYTH BANCSHARES, INC. (RSSD 1247017)
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 of Forsyth reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
First State Bank of Forsyth's total assets moved between a low of $149.6M (Q1 2024) and a high of $170.5M (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
$165.5M total assets against $150.8M; $149.8M total liabilities against $137.6M.
$89.3M net loans and leases against $75.9M; $143.4M total deposits against $131.6M.
$61.4M securities against $57.3M; $10.8M cash and balances due against $13.5M.
$2.2M total interest income against $1.8M; $571K total interest expense against $490K.
$1.6M net interest income against $1.3M.
$53K total noninterest income against $56K; $692K total noninterest expense against $656K.
$40K provision for credit losses against $10K.
$849K net income against $598K.
2.08% return on assets against 1.60%; 4.04% net interest margin against 3.68%.
12.08% tier 1 leverage ratio against 12.15%.
Inside the full First State Bank of Forsyth terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeFirst State Bank of Forsyth rankings
Its closest position to the top of a national ranking is 219 of 3,606, for efficiency ratio; its furthest is 3,184 of 4,196, for total assets.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 1.30% (Q3 2024) to 2.08% (Q2 2026) and its net interest margin ran from 3.36% (Q4 2024) to 4.41% (Q4 2025).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 12.08% | 2.08% | 1.69% | 8.89% | 4.04% |
| Q1 2026 | 11.35% | 1.51% | 2.95% | 14.90% | 3.68% |
| Q4 2025 | 11.31% | 1.60% | 1.84% | 9.03% | 4.41% |
| Q3 2025 | 12.20% | 1.37% | 1.66% | 8.71% | 3.83% |
| Q2 2025 | 12.15% | 1.60% | 1.79% | 9.07% | 3.68% |
| Q1 2025 | 11.50% | 1.39% | 1.86% | 9.51% | 3.59% |
| Q4 2024 | 10.96% | 1.40% | 2.56% | 13.86% | 3.36% |
| Q3 2024 | 11.31% | 1.30% | 2.79% | 14.54% | 3.39% |
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 of Forsyth (main office) | Forsyth , MT | 59327 | $143.4M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.4% of deposits in MT, rank 27 of 48 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 1 loans, $345K approved, $345K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2024 (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 Forsyth
What are First State Bank of Forsyth's total assets?
As of the Q2 2026 filing, First State Bank of Forsyth reported total assets of $165.5 million in its FFIEC call report.
Where is First State Bank of Forsyth headquartered?
It is headquartered in Forsyth, MT, United States.
When was First State Bank of Forsyth founded?
It was established in 1917, per the FDIC institution directory.
Is First State Bank of Forsyth FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #8317). 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 Forsyth?
First State Bank of Forsyth's primary federal regulator is the FDIC.
How many branches does First State Bank of Forsyth 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 of Forsyth's Texas Ratio?
Its Texas Ratio is 8.89% 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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