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Firststate Bank

Lineville, Alabama · FDIC Cert #20468

Firststate Bank is an FDIC-insured bank (Certificate #20468) with $317M in total assets and $297M in total deposits as of the Q2 2024 Call Report. Headquartered in Lineville, Alabama, the bank maintains a Tier 1 capital ratio of 0.00% (Critically Undercapitalized) and a nonperforming loan ratio of 0.07%. BankHealthData assigns a composite Health Grade of C (62/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.

Firststate Bank (FDIC cert 20468) is a community bank — $317M in total assets, $297M in deposits, serving the Lineville, Alabama area. Community banks make up the largest share of U.S. banks by count but a much smaller share by assets.

Tier 1 capital ratio is not disclosed in the most recent Call Report — unusual but possible for new institutions or those filing under specific regulatory exemptions. Asset quality is clean: non-performing loan ratio of 0.07% is below 0.5% — well within the healthy range for U.S. community and regional banks. Clean NPL ratios reflect either disciplined underwriting, a low-credit-risk loan mix, or both. Liquidity is very high: 47.5% of assets in liquid form, well above peer norms. Very high liquidity sometimes reflects a bank still building out its loan portfolio or one operating under specific regulatory liquidity requirements.

Profitability is solid: ROA of 1.46% sits at or near the 1% benchmark for healthy U.S. banks. Net interest income, fee income, and operating efficiency are all in workable shape. Health-score trend is essentially stable across the recent-quarters window — the typical pattern for established banks operating in steady-state mode. Firststate Bank carries a composite BankHealth grade of C (62/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.

Source: FDIC BankFind API — Call Report data.

C
Health Score
62/100

Key Facts: Firststate Bank

Total Assets
$317M
Total Deposits
$297M
Tier 1 Capital Ratio
0.00%
Capital Status
Critically Undercapitalized
Nonperforming Loans
0.07%
Liquidity Ratio
47.50%
Return on Assets
1.46%
Headquarters
Lineville, Alabama
FDIC Certificate
#20468
Health Grade
C (62/100)
Latest Call Report
Q2 2024

Capital & Safety Analysis

Regulatory Status:Critically Undercapitalized

According to FDIC financial data, Firststate Bank holds a Tier 1 capital ratio of 0.00%. This falls below the 6% threshold regulators require, which may subject Firststate Bank to additional regulatory scrutiny.

Key Financial Metrics

0.07%
Nonperforming Loans
Low, healthy loan portfolio
47.50%
Liquidity Ratio
Strong, can meet withdrawal demands
1.46%
Return on Assets
Profitable, earning well on assets
$297M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

Firststate Bank shows average financial health. While not alarming, its Health Score of 62/100 suggests some areas could be stronger. Your FDIC-insured deposits (up to $250,000) remain fully protected regardless.

Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.

How Firststate Bank Compares

Firststate Bank’s Health Score of 62 is 4 points below the Alabama state average of 66 across 78 FDIC-insured banks. Its 0.00% Tier 1 capital ratio is 14.0 points below the US banking industry average near 14%. The 0.07% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of 1.46% is in line with or above the national ROA benchmark of ~1.1%. Among 1584 similarly-sized banks, the average Health Score is 69, meaning this bank ranks below its size cohort. Site-wide, Firststate Bank is 8 points below the portfolio average of 70.

Frequently Asked Questions

Firststate Bank has a Bank Health Score of C (62/100), placing it in average financial health. It holds a Tier 1 capital ratio of 0.00%, which is below the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.

Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. Firststate Bank's Tier 1 capital ratio of 0.00% and nonperforming loan ratio of 0.07% indicate an average risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.

Money in checking, savings, money market, and CD accounts at Firststate Bank is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #20468). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.

Firststate Bank holds $317M in total assets and $297M in total deposits. It is headquartered in Lineville, Alabama (FDIC Certificate #20468).

Firststate Bank has a Tier 1 capital ratio of 0.00%, classifying it as "Critically Undercapitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.07%, and the return on assets is 1.46%.

Yes. Firststate Bank is FDIC-insured (Certificate #20468). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.

An C grade on our Bank Health Score means 55-69/100 — average across capital, loan quality, and profitability. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).

Firststate Bank's metrics are around average for the industry. There's no urgent action needed for FDIC-insured deposits, but it's worth monitoring quarterly updates. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.

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