First State Bank (Gainesville, TX): Call Report & UBPR Financial Data
Data as of · sourced from FFIEC call reports. How we update
Asset quality shifted last quarter, NPLs rose to 0.95% from 0.13% in the prior period. First State Bank is the primary bank subsidiary of its parent holding company, headquartered in Gainesville, TX. Returns are in line with industry norms at 0.85% ROA and 10.40% ROE; net interest margin is 4.07%. First State's Q2 2026 balance sheet shows $1.9B in assets funded primarily by $1.7B in customer deposits. Regulatory capital is solid, 14.08% CET1 and 15.18% total risk-based capital ratio. Asset quality is solid, 0.95% nonperforming loans and a 7.82% Texas Ratio. Its footprint covers 14 branches concentrated in Texas.
As of June 30, 2026, First State Bank reported a CET1 capital ratio of 14.08%, a return on assets of 0.85%, a nonperforming-loan ratio of 0.95%, a Texas ratio of 7.82%, per financial data filed with the FFIEC.
Headquarters Profile
- Address
- 801 E California St, Gainesville, TX 76240
- County
- Cooke
- Metro Area
- Gainesville, TX
- Charter
- Commercial bank, state charter, Fed member, FRB-supervised
- Primary Regulator
- Federal Reserve
- FDIC Region
- Dallas (Region 13)
- Federal Reserve member
- Yes
- Federal Reserve district
- District 11, Dallas
- Fiduciary (trust) powers
- Full trust powers granted
- Call Report form
- FFIEC 041
- Established
- August 16, 1905
- Former names
- The First State Bank of Gainesville (1985-2002); The First State Bank (1977-1985)
- Offices
- 14 domestic
- Employees (FTE)
- 288
- Domestic deposits
- $1.66B
- Allowance for credit losses
- $13.0M
- Net charge-offs (YTD)
- $1.9M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- July 9, 1937
- FDIC Cert
- 15511
- Fed RSSD
- 435750
- SEC CIK
- 1895259 → filed by RED RIVER BANCORP, INC.
- Website
- http://www.firststate.bank →
- Parent Holding Company
- RED RIVER BANCORP, INC. (RSSD 1132243)
Profitability
Capital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Rows tagged YTD are fiscal year to date through June 30, 2026, as filed. Net income is tagged Q2 because it is that quarter's own figure, not a running total, so it cannot be compared with a YTD row.
Quarterly trends
Last 12 quarters from this bank's own FFIEC call reports. Dollar figures are the quarter's own amount: the income statement is filed year to date, so those lines are shown net of the preceding quarter.
Balances at each quarter end. The gap between the two lines is equity capital.
Balances at each quarter end. Loans rising toward deposits is the loan-to-deposit ratio tightening.
Balances at each quarter end. Each line is its own balance, not stacked on the other.
Each bar is that quarter alone. The gap between the two is net interest income.
What the balance sheet earned on spread that quarter, before fees and operating costs.
Fees, trading and other income against salaries, premises and the rest of the cost base.
What the bank charged to earnings that quarter to build its allowance for expected losses.
The quarter's own net income, as filed. It needs no adjustment because the filing does not accumulate it through the year.
CET1 is common equity tier 1 as a share of risk-weighted assets; the leverage ratio is tier 1 capital as a share of average total assets. A bank that files the community bank leverage ratio reports no CET1 ratio, so only its leverage line appears.
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25 years of quarterly trends · 8 tabs · peer percentiles · Excel export
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How this bank ranks on each leaderboard. Click any rank to see the full ranked list.
Ranked among banks that report this metric, so the total differs from card to card. The CET1 ranking leaves out community bank leverage ratio filers, which report no CET1 ratio.
Quarterly trend: last 8 quarters
Quarter-over-quarter movement in the five most-watched ratios. Sourced from the bank's own FFIEC call report filings.
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 14.08% | 0.85% | 0.95% | 7.82% | 4.07% |
| Q1 2026 | 13.91% | 0.71% | 0.13% | 3.79% | 3.98% |
| Q4 2025 | 13.39% | 0.82% | 0.89% | 5.80% | 4.05% |
| Q3 2025 | 13.43% | -0.07% | 0.45% | 3.53% | 3.82% |
| Q2 2025 | 13.77% | 3.35% | 1.59% | 11.27% | 3.33% |
| Q1 2025 | 12.98% | 0.48% | 0.79% | 6.50% | 3.11% |
| Q4 2024 | 12.87% | -0.60% | 0.42% | 4.20% | 2.99% |
| Q3 2024 | 14.31% | 0.55% | 0.47% | 3.58% | 2.99% |
Swipe the table sideways to see every column.
Branch Network
Every branch from the FDIC Summary of Deposits, mapped, and listed with the deposits booked at each location. The FDIC's office count above also includes administrative and limited-service offices, so the two totals can differ. View all 14 branches →
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| First State Bank (main office) | Gainesville , TX | 76240 | $598.8M |
| North Texas Branch | Gainesville , TX | 76240 | $273.1M |
| Whitesboro Branch | Whitesboro , TX | 76273 | $156.1M |
| Denton Branch | Denton , TX | 76201 | $148.7M |
| North Texas Bank Branch | Decatur , TX | 76234 | $135.6M |
| Muenster Branch | Muenster , TX | 76252 | $61.5M |
| Lake Kiowa Branch | Gainesville , TX | 76240 | $55.1M |
| Rayzor Ranch Branch | Denton , TX | 76201 | $53.6M |
| Saint Jo Branch | Saint Jo , TX | 76265 | $52.8M |
| Waco Branch | Waco , TX | 76710 | $37.2M |
| Sherman Branch | Sherman , TX | 75090 | $29.7M |
| Celina Branch | Celina , TX | 75009 | $28.4M |
| Roanoke Branch | Roanoke , TX | 76262 | $19.6M |
| Denison Branch | Denison , TX | 75020 | $10.3M |
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 31, 2015 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| January 31, 2015 | Structure Change | Acquired North Texas Bank, National Association Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| April 25, 2008 | Structure Change | Acquired another institution Charter Retained (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| July 1, 1996 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| July 1, 1996 | Structure Change | Acquired North Texas Bank and Trust 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 5 events.
Regulatory record
What the public regulatory sources show for First State Bank, each with its period and source. These are facts as filed or published, not a rating or score. "Not on file" means we hold no record from that source, which is not the same as a clean record.
- Enforcement actions
- Not on file: no matched FDIC, Federal Reserve or OCC action
- Period: not on file. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- 0.1% of deposits in TX, rank 78 of 447 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 322 applications, 208 loans originated, $63.3M originated, across 5 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- Consumer complaints
- Not on file: no CFPB complaints matched
- Period: not on file. Source: CFPB consumer complaint database.
- CFPB enforcement
- Not on file: CFPB enforcement actions are not loaded
- Period: not on file. Source: CFPB enforcement actions.
- CRA examination rating
- Not on file: FFIEC CRA ratings are not loaded
- Period: not on file. Source: FFIEC CRA ratings.
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Frequently asked about First State Bank
What are First State Bank's total assets?
As of the Q2 2026 filing, First State Bank reported total assets of $1.85 billion in its FFIEC call report. All figures come directly from the bank's quarterly Schedule RC filing.
Where is First State Bank headquartered?
First State Bank is headquartered in Gainesville, TX, United States. It files quarterly FFIEC call reports as required of all FDIC-insured commercial banks.
When was First State Bank founded?
First State Bank was established in 1905, per the FDIC institution directory.
Is First State Bank FDIC-insured?
Yes. First State Bank is an FDIC-insured commercial bank (FDIC Certificate #15511). 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?
First State Bank's primary federal regulator is the Federal Reserve. All FDIC-insured banks also report to the FDIC and, depending on charter, the Federal Reserve.
What is First State Bank's CET1 capital ratio?
First State Bank reported a Common Equity Tier 1 (CET1) capital ratio of 14.08% 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 operate?
First State Bank operates 14 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's Texas Ratio?
First State Bank's Texas Ratio is 7.82% in its Q2 2026 call report, within the healthy range (under 25%). The Texas Ratio measures non-performing assets against the bank's capital and reserves; the glossary entry for the Texas Ratio carries the full definition.
What was First State Bank previously called?
The charter now named First State Bank has also operated as The First State Bank of Gainesville (1985-2002), The First State Bank (1977-1985), per FDIC structure-change records.
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