Headquartered in Spearman, Texas, First State Bank is a state-chartered bank with $184.0M in total assets and $154.0M in deposits as of Q2 2026. It operates 2 offices. Its charter dates back to 1917.
Based on its Q2 2026 filing, First State Bank scores 53/100, which we describe as below average. That is higher than only 9% of 2,650 banks with $100 million – $1 billion. Among 349 banks headquartered in Texas, it ranks 323rd. Its strongest component is earnings (89/100; 1.74%), and its lowest is loan quality (0/100; 4.44%).
TellerScore · Q2 2026
Scorecard
The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.
9 quarters
Health trend
From Q2 2025 to Q2 2026, the score fell 22 points (75 → 53), mostly because the loan quality component weakened by 82 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 70 |
| Q3 2024 | 71 |
| Q4 2024 | 61 |
| Q1 2025 | 77 |
| Q2 2025 | 75 |
| Q3 2025 | 80 |
| Q4 2025 | 82 |
| Q1 2026 | 61 |
| Q2 2026 | 53 |
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| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 10.94% |
| Q3 2024 | 11.18% |
| Q4 2024 | 11.39% |
| Q1 2025 | 11.56% |
| Q2 2025 | 11.67% |
| Q3 2025 | 12.36% |
| Q4 2025 | 12.84% |
| Q1 2026 | 12.65% |
| Q2 2026 | 12.57% |
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| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.53% |
| Q3 2024 | 0.57% |
| Q4 2024 | 1.67% |
| Q1 2025 | 0.46% |
| Q2 2025 | 0.55% |
| Q3 2025 | 0.39% |
| Q4 2025 | 0.24% |
| Q1 2026 | 2.42% |
| Q2 2026 | 4.44% |
Show as table
| Quarter | Return on assets |
|---|---|
| Q2 2024 | 1.26% |
| Q3 2024 | 1.32% |
| Q4 2024 | 1.43% |
| Q1 2025 | 1.59% |
| Q2 2025 | 1.60% |
| Q3 2025 | 1.68% |
| Q4 2025 | 1.69% |
| Q1 2026 | 1.66% |
| Q2 2026 | 1.74% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 53 | $184.0M | 12.57% | 4.44% | 1.74% | 94.4% |
| Q1 2026 | 61 | $191.2M | 12.65% | 2.42% | 1.66% | 90.7% |
| Q4 2025 | 82 | $179.7M | 12.84% | 0.24% | 1.69% | 96.5% |
| Q3 2025 | 80 | $185.3M | 12.36% | 0.39% | 1.68% | 91.8% |
| Q2 2025 | 75 | $180.2M | 11.67% | 0.55% | 1.60% | 93.6% |
| Q1 2025 | 77 | $184.8M | 11.56% | 0.46% | 1.59% | 87.9% |
| Q4 2024 | 61 | $175.5M | 11.39% | 1.67% | 1.43% | 99.3% |
| Q3 2024 | 71 | $177.4M | 11.18% | 0.57% | 1.32% | 100.4% |
| Q2 2024 | 70 | $180.2M | 10.94% | 0.53% | 1.26% | 96.4% |
2,650 peers · $100 million – $1 billion
How it compares with peers
Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).
Similar-size banks in Texas
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| First Security State BankBank Cranfills Gap, TX | 73 out of 100, Strong | $183.1M | 7.6% | 0.02% | vs |
| First State Bank of Ben Wheeler, TexasBank Ben Wheeler, TX | 95 out of 100, Very strong | $185.1M | 15.7% | 0.07% | vs |
| Peoples BankBank Paris, TX | 76 out of 100, Strong | $185.4M | 9.6% | 0.25% | vs |
| First National Bank of Bosque CountyBank Valley Mills, TX | 82 out of 100, Strong | $182.3M | 12.8% | 0.72% | vs |
| Peoples State BankBank Shepherd, TX | 68 out of 100, Moderate | $181.2M | 10.7% | 1.25% | vs |
| Greater State BankBank Mcallen, TX | 75 out of 100, Strong | $180.2M | 11.1% | 0.05% | vs |
Deposit insurance
Is my money safe at First State Bank?
Yes. First State Bank is an FDIC-insured institution (FDIC certificate #1218). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 26.1% of deposits ($40.2M) are above the $250,000 FDIC insurance limit, above the peer median of 24%. Insured balances are protected regardless of the score.
The tier 1 leverage ratio is 12.57%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 0.00% (benchmark: 10%).
2 locations
Branches
First State Bank lists 2 offices in 2 cities. Most locations:
- Amarillo, TX (1)
- Spearman, TX (1)
Identity & history
Profile
- Legal name
- First State Bank
- Type
- State-chartered bank
- FDIC certificate #
- 1218
- RSSD ID
- 407168
- Primary regulator
- FDIC
- Holding company
- First State Bankshares Inc
- Established
- January 1, 1917
- Headquarters
- 1 Ne Court St, Spearman, TX 79081
- Website
- www.fsbtx.com
- Employees
- 33
Quick answers
First State Bank: common questions
Is First State Bank FDIC insured?
Yes. First State Bank is an FDIC-insured institution (FDIC certificate #1218). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is First State Bank's TellerScore?
53 out of 100 (Below average), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
Has First State Bank ever failed?
There is no failure record for FDIC certificate #1218 in the FDIC failed bank list.
How many branches does First State Bank have?
2 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Spearman
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| The Perryton National BankBank Perryton, TX | 88 out of 100, Very strong | $212.7M | 16.4% | 0.36% | vs |
| Anchor D BankBank Texhoma, OK | 80 out of 100, Strong | $404.5M | 10.5% | 0.00% | vs |
| FirstBank SouthwestBank Amarillo, TX | 73 out of 100, Strong | $1.9B | 11.2% | 0.41% | vs |
| Western BankBank Lubbock, TX | 71 out of 100, Strong | $947.2M | 9.8% | 0.31% | vs |
| Panhandle First BankBank Guymon, OK | 56 out of 100, Moderate | $568.7M | 13.0% | 2.34% | vs |
| Interstate BankBank Perryton, TX | 40 out of 100, Below average | $288.4M | 9.4% | 3.47% | vs |