The First State Bank (Boise City, OK)
BankRegReports is independent of The First State Bank and never asks for online banking logins or passwords.
Data as of · sourced from FFIEC call reports. How we update
The First State Bank is an FDIC-insured commercial bank headquartered in Boise City, OK, established in 1915 (FDIC certificate 2301), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $160.0M, up 3.6% from Q2 2025, the 111th largest of 169 banks headquartered in Oklahoma. It reports no CET1 ratio; its Tier 1 leverage ratio was 9.93% 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
- 2301
- Headquarters
- Boise City, OK
- Established
- 1915
- Total assets, Q2 2026
- $160.0M
- Assets vs Q2 2025
- +3.6%
- Tier 1 leverage ratio, Q2 2026
- 9.93%
- Domestic offices
- 1 FDIC institution directory, current count
- Routing number
- 103110237
- Asset rank in state
- 111th of 169 in Oklahoma
Problem loans are rising at The First State Bank. The Boise City, Oklahoma bank had $160 million in assets at June 30, 2026, up 3.6% from a year earlier. Loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 2.00% of loans from 0.06% a year earlier. It returns 23.0% a year on shareholders' equity, about double the median of 12.5% for the 2,660 banks with $100 million to $1 billion in assets. It also spends about 43 cents to bring in each dollar of revenue, lower than about 9 in 10 banks its size (median 61 cents).
Net income for the quarter slipped 12% from a year earlier, to $821,000. Over the same year, loans grew 4.8% and deposits grew 10.4%. Credit is the area to watch: it carries problem assets equal to 17.9% of the capital and reserves that would absorb them, 6.8 times the median of 2.6% for banks its size.
As of June 30, 2026, The First State Bank reported a return on assets of 2.10%, a nonperforming-loan ratio of 2.13% and a Texas ratio of 17.91%. The figures come from its call report filed with the FFIEC.
Of the 169 banks headquartered in Oklahoma, The First State Bank is the 111th largest by total assets at Q2 2026. Between Q1 2026 and Q2 2026, its total assets rose 4.0% to $160.0M, loans rose 4.5% and deposits rose 0.2%. Its loan book on June 30, 2026 was led by agricultural production loans, at 41.9% of total loans, followed by farmland and other real estate loans at 32.7%. The FDIC Summary of Deposits lists a single office for it, in Boise City, OK. By the capital ratios in its Q2 2026 call report, The First State Bank meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 16 Courthouse Square, Boise City, OK 73933
- County
- Cimarron
- 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 10, Kansas City
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- August 6, 1915
- Domestic offices
- 1 FDIC institution directory, current count
- Employees (FTE)
- 15
- Domestic deposits
- $139.3M
- Allowance for credit losses
- $857K
- Net charge-offs (YTD)
- -$33K
- Average total assets
- $156.1M
- Average total loans
- $124.1M
- Average interest-bearing deposits
- $104.1M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 2301
- Fed RSSD
- 141350
- Website
- www.fsbboisecity.com →
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, The First State Bank reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
Over the 12 quarters to Q2 2026, The First State Bank's total assets ran between $126.2M (Q1 2024) and $166.8M (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
$160.0M total assets against $154.5M; $145.8M total liabilities against $141.9M.
$129.2M net loans and leases against $123.5M; $139.3M total deposits against $126.1M.
$12.3M securities against $13.5M; $13.4M cash and balances due against $10.8M.
$2.3M total interest income against $2.4M; $821K total interest expense against $911K.
$1.5M net interest income against $1.5M.
$74K total noninterest income against $78K; $723K total noninterest expense against $613K.
$50K provision for credit losses against $50K.
$821K net income against $935K.
2.10% return on assets against 2.54%; 4.10% net interest margin against 4.35%.
9.93% tier 1 leverage ratio against 9.74%.
Inside the full The First State Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeThe First State Bank rankings
Its closest position to the top of a national ranking is 222 of 3,640, for Texas Ratio; its furthest is 3,217 of 4,196, for total assets.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 1.06% (Q4 2024) to 2.77% (Q1 2025) and its net interest margin ran from 4.10% (Q2 2026) to 4.50% (Q1 2025).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 9.93% | 2.10% | 2.13% | 17.91% | 4.10% |
| Q1 2026 | 9.83% | 2.43% | 0.61% | 2.93% | 4.16% |
| Q4 2025 | 9.48% | 1.97% | 0.26% | 2.49% | 4.29% |
| Q3 2025 | 9.87% | 2.68% | 0.30% | 2.84% | 4.48% |
| Q2 2025 | 9.74% | 2.54% | 0.06% | 0.56% | 4.35% |
| Q1 2025 | 9.16% | 2.77% | 0.68% | 7.18% | 4.50% |
| Q4 2024 | 8.78% | 1.06% | 0.07% | 0.78% | 4.40% |
| Q3 2024 | 9.14% | 2.49% | 0.52% | 1.35% | 4.20% |
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 |
|---|---|---|---|
| The First State Bank | Boise City , OK | 73933 | $139.3M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in OK, rank 127 of 192 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 1 loans, $2.4M approved, $2.4M average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2020 (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 The First State Bank’s latest filed figures and updates each quarter.
Similar banks
Compare The First State Bank with peers
Frequently asked about The First State Bank
What are The First State Bank's total assets?
As of the Q2 2026 filing, The First State Bank reported total assets of $160.0 million in its FFIEC call report.
Where is The First State Bank headquartered?
It is headquartered in Boise City, OK, United States.
When was The First State Bank founded?
It was established in 1915, per the FDIC institution directory.
Is The First State Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #2301). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates The First State Bank?
The First State Bank's primary federal regulator is the FDIC.
How many branches does The First State Bank 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 The First State Bank's Texas Ratio?
Its Texas Ratio is 17.91% 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 The First State Bank.
Get an email when The First State Bank files its next call report, and benchmark it against any peer you choose.
Unlock The First State Bank, freeFree account