Headquartered in Farnam, Nebraska, First State Bank is a state-chartered bank with $199.5M in total assets and $121.3M in deposits as of Q2 2026. It operates 5 offices. Its charter dates back to 1904.
First State Bank has a TellerScore of 79 out of 100 (strong) based on Q2 2026 data — higher than 75% of its 2,650 banks with $100 million – $1 billion. Among 139 banks headquartered in Nebraska, it ranks 45th. Problem-loan coverage contributes the most (97/100, 1.3%); funding & liquidity contributes the least (64/100, 80% loans-to-deposits, 30% uninsured).
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 rose 3 points (76 → 79), mostly because the earnings component improved by 11 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 78 |
| Q3 2024 | 80 |
| Q4 2024 | 72 |
| Q1 2025 | 68 |
| Q2 2025 | 76 |
| Q3 2025 | 77 |
| Q4 2025 | 78 |
| Q1 2026 | 61 |
| Q2 2026 | 79 |
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| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 13.07% |
| Q3 2024 | 13.06% |
| Q4 2024 | 12.29% |
| Q1 2025 | 12.03% |
| Q2 2025 | 12.72% |
| Q3 2025 | 12.74% |
| Q4 2025 | 12.34% |
| Q1 2026 | 11.77% |
| Q2 2026 | 11.94% |
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| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.31% |
| Q3 2024 | 0.34% |
| Q4 2024 | 1.03% |
| Q1 2025 | 1.36% |
| Q2 2025 | 0.63% |
| Q3 2025 | 0.45% |
| Q4 2025 | 0.38% |
| Q1 2026 | 2.24% |
| Q2 2026 | 0.33% |
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| Quarter | Return on assets |
|---|---|
| Q2 2024 | 1.35% |
| Q3 2024 | 1.37% |
| Q4 2024 | 1.40% |
| Q1 2025 | 1.31% |
| Q2 2025 | 1.34% |
| Q3 2025 | 1.33% |
| Q4 2025 | 1.44% |
| Q1 2026 | 1.55% |
| Q2 2026 | 1.63% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 79 | $199.5M | 11.94% | 0.33% | 1.63% | 79.9% |
| Q1 2026 | 61 | $201.7M | 11.77% | 2.24% | 1.55% | 76.6% |
| Q4 2025 | 78 | $207.4M | 12.34% | 0.38% | 1.44% | 80.8% |
| Q3 2025 | 77 | $193.3M | 12.74% | 0.45% | 1.33% | 93.8% |
| Q2 2025 | 76 | $185.5M | 12.72% | 0.63% | 1.34% | 91.8% |
| Q1 2025 | 68 | $193.9M | 12.03% | 1.36% | 1.31% | 77.2% |
| Q4 2024 | 72 | $188.4M | 12.29% | 1.03% | 1.40% | 84.7% |
| Q3 2024 | 80 | $179.2M | 13.06% | 0.34% | 1.37% | 85.5% |
| Q2 2024 | 78 | $170.9M | 13.07% | 0.31% | 1.35% | 112.8% |
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 Nebraska
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| York State BankBank York, NE | 90 out of 100, Very strong | $200.2M | 13.9% | 0.20% | vs |
| Minden Exchange Bank & Trust CompanyBank Minden, NE | 82 out of 100, Strong | $201.4M | 19.8% | 1.23% | vs |
| Western Nebraska BankBank Curtis, NE | 75 out of 100, Strong | $193.3M | 10.1% | 0.01% | vs |
| South Central State BankBank Campbell, NE | 96 out of 100, Very strong | $192.1M | 15.2% | 0.00% | vs |
| United Republic BankBank Elkhorn, NE | 36 out of 100, Low | $185.8M | 11.6% | 4.89% | vs |
| Farmers and Merchants BankBank Milligan, NE | 78 out of 100, Strong | $215.4M | 11.1% | 0.19% | vs |
Deposit insurance
Is my money safe at First State Bank?
Yes. First State Bank is an FDIC-insured institution (FDIC certificate #12244). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 29.9% of deposits ($36.3M) 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 11.94%, 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%).
5 locations
Branches
First State Bank lists 5 offices in 5 cities. Most locations:
- Alma, NE (1)
- Cambridge, NE (1)
- Farnam, NE (1)
- Holbrook, NE (1)
- Stamford, NE (1)
Identity & history
Profile
- Legal name
- First State Bank
- Former names
- Farnam Bank
- Type
- State-chartered bank
- FDIC certificate #
- 12244
- RSSD ID
- 488756
- Primary regulator
- FDIC
- Holding company
- Nebraska Bankshares Inc
- Established
- July 26, 1904
- Headquarters
- 222 Main St, Farnam, NE 69029
- Website
- www.1ststatebank4me.com
- Employees
- 30
Quick answers
First State Bank: common questions
Is First State Bank FDIC insured?
Yes. First State Bank is an FDIC-insured institution (FDIC certificate #12244). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is First State Bank's TellerScore?
79 out of 100 (Strong), 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 #12244 in the FDIC failed bank list.
How many branches does First State Bank have?
5 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Farnam
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Homestead BankBank Cozad, NE | 91 out of 100, Very strong | $537.0M | 18.6% | 0.20% | vs |
| Waypoint BankBank Cozad, NE | 75 out of 100, Strong | $391.5M | 10.9% | 0.59% | vs |
| Western Nebraska BankBank Curtis, NE | 75 out of 100, Strong | $193.3M | 10.1% | 0.01% | vs |
| Pinnacle BankBank Lincoln, NE | 74 out of 100, Strong | $9.2B | 9.9% | 0.07% | vs |
| Security First BankBank Lincoln, NE | 65 out of 100, Moderate | $2.3B | 8.3% | 0.17% | vs |
| Dayspring BankBank Gothenburg, NE | 58 out of 100, Moderate | $1.2B | 10.7% | 1.73% | vs |