The First State Bank (Norton, KS)
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Data as of · sourced from FFIEC call reports. How we update
The First State Bank is an FDIC-insured commercial bank headquartered in Norton, KS, established in 1902 (FDIC certificate 5835), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $493.2M, up 0.3% from Q2 2025, the 45th largest of 182 banks headquartered in Kansas. It reports no CET1 ratio; its Tier 1 leverage ratio was 13.05% 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
- 5835
- Headquarters
- Norton, KS
- Established
- 1902
- Total assets, Q2 2026
- $493.2M
- Assets vs Q2 2025
- +0.3%
- Tier 1 leverage ratio, Q2 2026
- 13.05%
- Domestic offices
- 5 FDIC institution directory, current count
- Routing number
- 101102768
- Latest call report
- Q2 2026, FFIEC 051 · The First State Bank call report
- Holding company
- NORTON BANKSHARES, INC.
- Asset rank in state
- 45th of 182 in Kansas
The First State Bank, based in Norton, Kansas, reported $493 million in assets at June 30, 2026. It holds commercial real estate loans equal to only 27% of its capital, a small fraction of the median of 1.2 times for the 2,660 banks with $100 million to $1 billion in assets. It also lost 0.5% of its deposits over the year, lower than about three-quarters of banks its size (median 4.0%).
Problem loans fell by more than half over the year: loans on nonaccrual or 90 or more days past due, net of government guarantees are down to 0.10% of loans from 1.07%. Net income for the quarter rose 13% from a year earlier, to $2.4 million. One more trend to watch: the commercial and industrial book ($47 million) is worsening: 1.72% of it is past due or on nonaccrual, up from 1.11% a year earlier.
As of June 30, 2026, The First State Bank reported a return on assets of 1.85%, a nonperforming-loan ratio of 0.10% and a Texas ratio of 0.59%. The figures come from its call report filed with the FFIEC.
Of the 182 banks headquartered in Kansas, The First State Bank is the 45th largest by total assets at Q2 2026. From Q1 2026 to Q2 2026, its total assets fell 1.1% to $493.2M, loans fell 3.2% and deposits fell 5.6%. The largest part of its loan book on June 30, 2026 was agricultural production loans, at 35.0% of total loans, ahead of farmland and other real estate loans at 26.7%. The FDIC Summary of Deposits lists 5 offices for it, in 5 cities across 2 states; its Holdrege office books 32% of its branch deposits. 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
- 105 W Main St, Norton, KS 67654
- County
- Norton
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Kansas City (Region 11)
- Federal Reserve member
- No
- Federal Reserve district
- District 10, Kansas City
- Fiduciary (trust) powers
- Trust powers not granted
- Call Report form
- FFIEC 051
- Established
- April 21, 1902
- Domestic offices
- 5 FDIC institution directory, current count
- Employees (FTE)
- 66
- Domestic deposits
- $406.6M
- Allowance for credit losses
- $5.4M
- Net charge-offs (YTD)
- $207K
- Average total assets
- $510.4M
- Average total loans
- $288.8M
- Average interest-bearing deposits
- $315.7M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 5835
- Fed RSSD
- 394259
- Website
- www.thefsb.bank →
- Parent Holding Company
- NORTON BANKSHARES, INC. (RSSD 1056992)
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 $472.8M (Q1 2024) and $519.5M (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
$493.2M total assets against $491.7M; $439.0M total liabilities against $446.3M.
$278.6M net loans and leases against $275.2M; $406.6M total deposits against $408.7M.
$185.8M securities against $190.2M; $9.5M cash and balances due against $6.6M.
$6.7M total interest income against $6.4M; $1.7M total interest expense against $2.0M.
$4.9M net interest income against $4.4M.
$523K total noninterest income against $560K; $2.8M total noninterest expense against $2.7M.
$225K provision for credit losses against $75K.
$2.4M net income against $2.1M.
1.85% return on assets against 1.64%; 4.14% net interest margin against 3.71%.
13.05% tier 1 leverage ratio against 11.87%.
Inside the full The First State Bank 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.
Held-to-maturity securities carry unrealized losses worth 10–25% of book equity. Carried at amortized cost, they do not reduce reported capital, but they shrink the bank's true mark-to-market cushion if the securities ever have to be sold. BankRegReports analysis, HTM marks aren't a reported regulatory metric.
The First State Bank rankings
Its closest position to the top of a national ranking is 670 of 3,611, for ROA; its furthest is 2,908 of 3,640, for Texas Ratio.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 1.32% (Q1 2025) to 1.85% (Q2 2026) and its net interest margin ran from 3.37% (Q3 2024) to 4.14% (Q2 2026).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 13.05% | 1.85% | 0.10% | 0.59% | 4.14% |
| Q1 2026 | 12.54% | 1.77% | 0.26% | 1.45% | 4.07% |
| Q4 2025 | 12.19% | 1.68% | 0.17% | 1.05% | 3.88% |
| Q3 2025 | 11.99% | 1.76% | 0.21% | 1.30% | 3.92% |
| Q2 2025 | 11.87% | 1.64% | 1.07% | 6.42% | 3.71% |
| Q1 2025 | 11.61% | 1.32% | 0.21% | 1.27% | 3.53% |
| Q4 2024 | 11.14% | 1.59% | 0.17% | 1.12% | 3.56% |
| Q3 2024 | 10.95% | 1.43% | 0.16% | 1.00% | 3.37% |
Swipe the table sideways to see every column.
Branch Network
View all 5 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 |
|---|---|---|---|
| Holdrege Branch | Holdrege , NE | 68949 | $129.0M |
| Hoxie Branch | Hoxie , KS | 67740 | $88.7M |
| The First State Bank | Norton , KS | 67654 | $76.5M |
| Hill City Branch | Hill City , KS | 67642 | $74.4M |
| Plainville Branch | Plainville , KS | 67663 | $38.0M |
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 |
|---|---|---|---|
| January 1, 2015 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| January 1, 2015 | Structure Change | Acquired The First National Bank of Holdrege Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| April 1, 2006 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| April 1, 2006 | Structure Change | Acquired The First National Bank of Hoxie Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| January 1, 2000 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| January 1, 2000 | Structure Change | Acquired Consolidated State Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 6 events.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.3% of deposits in KS, rank 86 of 231 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 3 loans, $352K approved, $117K average. 33.33% of that year's loans have since been charged off
- Period: Federal fiscal year 2019 (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 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 $493.2 million in its FFIEC call report.
Where is The First State Bank headquartered?
It is headquartered in Norton, KS, United States.
When was The First State Bank founded?
It was established in 1902, per the FDIC institution directory.
Is The First State Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #5835). 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 5 domestic offices, 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 0.59% 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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