Headquartered in Shallowater, Texas, First State Bank is a state-chartered bank with $150.8M in total assets and $122.9M in deposits as of Q2 2026. It operates 5 offices. Its charter dates back to 1960.
First State Bank has a TellerScore of 84 out of 100 (strong) based on Q2 2026 data — higher than 86% of its 2,650 banks with $100 million – $1 billion. Among 349 banks headquartered in Texas, it ranks 56th. Capital cushion contributes the most (100/100, 15.90%); funding & liquidity contributes the least (47/100, 86% loans-to-deposits, 40% 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 2 points (82 → 84), mostly because the loan quality component improved by 20 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 83 |
| Q3 2024 | 86 |
| Q4 2024 | 93 |
| Q1 2025 | 88 |
| Q2 2025 | 82 |
| Q3 2025 | 85 |
| Q4 2025 | 88 |
| Q1 2026 | 86 |
| Q2 2026 | 84 |
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| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 16.98% |
| Q3 2024 | 17.58% |
| Q4 2024 | 17.98% |
| Q1 2025 | 17.02% |
| Q2 2025 | 16.16% |
| Q3 2025 | 16.65% |
| Q4 2025 | 18.15% |
| Q1 2026 | 15.97% |
| Q2 2026 | 15.90% |
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| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 1.25% |
| Q3 2024 | 0.80% |
| Q4 2024 | 0.00% |
| Q1 2025 | 0.07% |
| Q2 2025 | 0.84% |
| Q3 2025 | 0.65% |
| Q4 2025 | 0.06% |
| Q1 2026 | 0.09% |
| Q2 2026 | 0.23% |
Show as table
| Quarter | Return on assets |
|---|---|
| Q2 2024 | 2.51% |
| Q3 2024 | 2.31% |
| Q4 2024 | 2.07% |
| Q1 2025 | 1.33% |
| Q2 2025 | 1.46% |
| Q3 2025 | 1.56% |
| Q4 2025 | 1.42% |
| Q1 2026 | 1.18% |
| Q2 2026 | 1.32% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 84 | $150.8M | 15.90% | 0.23% | 1.32% | 86.0% |
| Q1 2026 | 86 | $156.6M | 15.97% | 0.09% | 1.18% | 73.7% |
| Q4 2025 | 88 | $146.7M | 18.15% | 0.06% | 1.42% | 75.4% |
| Q3 2025 | 85 | $146.1M | 16.65% | 0.65% | 1.56% | 69.8% |
| Q2 2025 | 82 | $148.5M | 16.16% | 0.84% | 1.46% | 71.9% |
| Q1 2025 | 88 | $142.1M | 17.02% | 0.07% | 1.33% | 73.3% |
| Q4 2024 | 93 | $133.9M | 17.98% | 0.00% | 2.07% | 80.4% |
| Q3 2024 | 86 | $123.9M | 17.58% | 0.80% | 2.31% | 81.8% |
| Q2 2024 | 83 | $126.7M | 16.98% | 1.25% | 2.51% | 74.6% |
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 |
|---|---|---|---|---|---|
| Agility Bank, National AssociationBank Houston, TX | 62 out of 100, Moderate | $151.6M | 20.0% | 1.18% | vs |
| Carmine State BankBank Carmine, TX | 71 out of 100, Strong | $148.8M | 10.0% | 0.50% | vs |
| First National Bank of Fort StocktonBank Fort Stockton, TX | 77 out of 100, Strong | $153.5M | 12.2% | 0.02% | vs |
| Bank19Bank Memphis, TX | 90 out of 100, Very strong | $147.8M | 15.3% | 0.00% | vs |
| Mason BankBank Mason, TX | 73 out of 100, Strong | $147.5M | 19.9% | 2.45% | vs |
| Johnson City BankBank Johnson City, TX | 82 out of 100, Strong | $146.8M | 12.6% | 0.26% | vs |
Deposit insurance
Is my money safe at First State Bank?
Yes. First State Bank is an FDIC-insured institution (FDIC certificate #18301). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 39.8% of deposits ($49.0M) 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 15.90%, 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 4 offices in 4 cities. Most locations:
- Amherst, TX (1)
- Dallas, TX (1)
- Plano, TX (1)
- Shallowater, TX (1)
Identity & history
Profile
- Legal name
- First State Bank
- Former names
- First State Bank of Shallowater
- Type
- State-chartered bank
- FDIC certificate #
- 18301
- RSSD ID
- 524766
- Primary regulator
- FDIC
- Holding company
- South Texas Bancshares Inc
- Established
- October 8, 1960
- Headquarters
- One Commerce Park, Shallowater, TX 79363
- Website
- www.fsbshallowater.com
- Employees
- 35
Quick answers
First State Bank: common questions
Is First State Bank FDIC insured?
Yes. First State Bank is an FDIC-insured institution (FDIC certificate #18301). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is First State Bank's TellerScore?
84 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 #18301 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 Shallowater
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Citizens Federal Credit UnionCredit union Big Spring, TX | 90 out of 100, Very strong | $201.9M | 14.6% | 0.13% | vs |
| Caprock Santa Fe Credit UnionCredit union Slaton, TX | 85 out of 100, Very strong | $51.5M | 41.7% | 1.77% | vs |
| Citizens State BankBank Anton, TX | 84 out of 100, Strong | $80.7M | 16.0% | 0.01% | vs |
| Littlefield School Employees Federal Credit UnionCredit union Littlefield, TX | 84 out of 100, Strong | $1.0M | 18.9% | 0.09% | vs |
| First Federal Bank Littlefield, TexasBank Littlefield, TX | 82 out of 100, Strong | $67.9M | 17.4% | 0.44% | vs |
| Centennial BankBank Conway, AR | 79 out of 100, Strong | $24.6B | 12.6% | 0.55% | vs |