The First State Bank (Louise, TX)
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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 Louise, TX, established in 1956 (FDIC certificate 17588), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $895.2M, up 10.2% from Q2 2025, the 103rd largest of 346 banks headquartered in Texas. It reports no CET1 ratio; its Tier 1 leverage ratio was 10.58% 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
- 17588
- Headquarters
- Louise, TX
- Established
- 1956
- Total assets, Q2 2026
- $895.2M
- Assets vs Q2 2025
- +10.2%
- Tier 1 leverage ratio, Q2 2026
- 10.58%
- Domestic offices
- 15 FDIC institution directory, current count
- Routing number
- 113123065
- Holding company
- LOUISE BANCSHARES, INC.
- Asset rank in state
- 103rd of 346 in Texas
Problem loans are rising at The First State Bank. The Louise, Texas bank had $895 million in assets at June 30, 2026, up 10.2% from a year earlier. Loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 2.16% of loans from 0.99% a year earlier. It earns about $2.54 a year on every $100 of assets, about double the median of $1.28 for the 2,660 banks with $100 million to $1 billion in assets. It also keeps 5.11 cents of net interest income on every dollar of earning assets, higher than about 9 in 10 banks its size (median 3.95 cents).
Paper losses on its bond portfolio are shrinking: unrealized losses of $18 million equal 18% of Tier 1 capital, down from 25% a year earlier. Credit is the area to watch: it carries problem assets equal to 16.3% of the capital and reserves that would absorb them, 6.2 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 2.54%, a nonperforming-loan ratio of 2.16% and a Texas ratio of 16.26%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, The First State Bank is the 103rd largest of the 346 banks headquartered in Texas. Quarter on quarter (Q1 2026 to Q2 2026), its total assets rose 1.2% to $895.2M, loans rose 1.5% and deposits rose 1.1%. Its loan book on June 30, 2026 was led by farmland and other real estate loans, at 21.9% of total loans, followed by construction and land development loans at 16.6%. Its 15 offices in the FDIC Summary of Deposits are in 14 cities in TX; its El Campo office books 20% of its branch deposits. Judged on its Q2 2026 call report, The First State Bank meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 206 North St., Louise, TX 77455
- County
- Wharton
- Metro Area
- El Campo, TX
- 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
- —
- Call Report form
- FFIEC 051
- Established
- May 7, 1956
- Former names
- The First State Bank (1975)
- Domestic offices
- 15 FDIC institution directory, current count
- Employees (FTE)
- 163
- Domestic deposits
- $806.8M
- Allowance for credit losses
- $8.4M
- Net charge-offs (YTD)
- $384K
- Average total assets
- $912.1M
- Average total loans
- $646.6M
- Average interest-bearing deposits
- $779.4M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- May 7, 1956
- FDIC Cert
- 17588
- Fed RSSD
- 888552
- SEC CIK
- 1826899 → filed by LOUISE BANCSHARES, INC.
- Website
- www.fsblouise.com →
- Parent Holding Company
- LOUISE BANCSHARES, INC. (RSSD 1141021)
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
From Q3 2023 to Q2 2026, The First State Bank's total assets ranged from $796.7M (Q2 2024) to $895.2M (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
$895.2M total assets against $812.6M; $815.1M total liabilities against $743.1M.
$643.8M net loans and leases against $592.1M; $806.8M total deposits against $735.5M.
$147.6M securities against $163.9M; $64.3M cash and balances due against $20.8M.
$13.1M total interest income against $11.8M; $2.1M total interest expense against $1.8M.
$11.1M net interest income against $10.0M.
$1.7M total noninterest income against $2.2M; $6.6M total noninterest expense against $6.0M.
$354K provision for credit losses against $460K.
$5.8M net income against $5.7M.
2.54% return on assets against 2.70%; 5.11% net interest margin against 5.02%.
10.58% tier 1 leverage ratio against 10.73%.
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 157 of 3,611, for ROA; its furthest is 1,142 of 4,196, for total assets.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 2.25% (Q1 2026) to 2.77% (Q3 2025) and its net interest margin ran from 4.96% (Q3 2024) to 5.28% (Q3 2025).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 10.58% | 2.54% | 2.16% | 16.26% | 5.11% |
| Q1 2026 | 10.63% | 2.25% | 1.94% | 14.72% | 5.04% |
| Q4 2025 | 10.57% | 2.63% | 1.06% | 8.02% | 5.18% |
| Q3 2025 | 10.85% | 2.77% | 1.04% | 7.92% | 5.28% |
| Q2 2025 | 10.73% | 2.70% | 0.99% | 7.81% | 5.02% |
| Q1 2025 | 10.46% | 2.44% | 0.03% | 0.23% | 4.96% |
| Q4 2024 | 10.27% | 2.46% | 0.04% | 0.37% | 4.96% |
| Q3 2024 | 10.38% | 2.54% | 0.03% | 0.28% | 4.96% |
Swipe the table sideways to see every column.
Branch Network
View all 15 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 |
|---|---|---|---|
| El Campo Branch | El Campo , TX | 77437 | $158.1M |
| The First State Bank | Louise , TX | 77455 | $114.4M |
| Dilley State Bank Branch | Dilley , TX | 78017 | $100.4M |
| Wharton Branch | Wharton , TX | 77488 | $64.7M |
| Ganado Branch | Ganado , TX | 77962 | $59.1M |
| Angleton Branch | Angleton , TX | 77515 | $54.6M |
| Bay City Branch | Bay City , TX | 77414 | $48.7M |
| Sweeny Branch | Sweeny , TX | 77480 | $46.3M |
| Victoria Branch | Victoria , TX | 77904 | $41.2M |
| Woodsboro Branch | Woodsboro , TX | 78393 | $39.3M |
| Shiner Branch | Shiner , TX | 77984 | $30.2M |
| Blessing Branch | Blessing , TX | 77419 | $29.9M |
| Refugio Branch | Refugio , TX | 78377 | $14.2M |
| Sugar Land Branch | Sugar Land , TX | 77478 | $4.3M |
| Louise Branch | Louise , TX | 77455 | $1.4M |
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 |
|---|---|---|---|
| October 16, 2021 | Structure Change | Acquired Dilley State Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| October 15, 2021 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| August 20, 2018 | Structure Change | Acquired The First National Bank of Woodsboro Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| August 17, 2018 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| March 20, 1987 | Structure Change | Acquired Sweeny Bank Failure, Government Assistance Provided for the acquired bank | FFIEC NIC |
| March 19, 1987 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
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
- <0.1% of deposits in TX, rank 135 of 441 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 1 loans, $150K approved, $150K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2018 (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 $895.2 million in its FFIEC call report.
Where is The First State Bank headquartered?
It is headquartered in Louise, TX, United States.
When was The First State Bank founded?
It was established in 1956, per the FDIC institution directory.
Is The First State Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #17588). 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 15 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 16.26% 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.
What was The First State Bank previously called?
The charter now named The First State Bank has also operated as The First State Bank (1975), per FDIC structure-change records.
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