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 First State Bank
First State Bank
| RSSD ID 113740 | CERTIFICATE 15032 | ABA NUMBER 72410165 |
| 16100 E 9 Mile Rd |
Quarter Ended : |
2025-03-31 |
| Eastpointe, Michigan, 48021 |
Updated : |
2025-04-28 |
| www.fsb.bank |
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| Institution Profile |
| Year Opened : |
1917 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FED |
| Member Federal Reserve : |
Yes |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
041 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
11 |
Number of Employees : |
184 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 1,324,453 |
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Total Interest Income | 16,600 |
| Total Liabilities | 1,211,361 |
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Total NonInterest Income | 2,561 |
| Total Bank Equity Capital | 113,092 |
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Total Interest Expense | 6,618 |
| Total Deposits | 1,205,990 |
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Total NonInterest Expense | 8,274 |
| Net Loans & Leases | 809,490 |
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Net Income | 3,422 |
| Loan Loss Allowance | 13,331 |
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Net Charge Offs | 11 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Community Bank Leverage Ratio | Yes |
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Total loans | 881,280 |
| Total assets for the leverage ratio | 1,284,051 |
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Loans secured by real estate: | 690,012 |
| Tier 1 Leverage Ratio | 9.26 |
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Commercial and industrial loans | 111,130 |
| Off Balance Sheet Exposures (%) | 13.23 |
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Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 3,071 |
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:· First State Bank
