First State Bank
FDIC #15663
📍 Waynesboro, Mississippi
First State Bank is a commercial bank, state charter and fed nonmember, supervised by the fdic. established in 05/01/1934. With assets of $855.78 Million, it operates 16 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: June 1, 2022
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.
Rating History
June 1, 2022
Outstanding
June 1, 2019
Outstanding
April 1, 2016
Satisfactory
💰 Financial Strength
Total Assets$855.78 Million
Total Deposits$778.40 Million
Equity Capital$72.54 Million
Net Income$2.40 Million
📈 Performance
ROA0.36%
ROE4.11%
Financial Terms:
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
📋 Corporate Structure
Established05/01/1934
FDIC Cert15663
Holding CoFirst State Corp
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeAugust 31, 2022
Foreign Offices0
SAIF InsuredNo
State CharteredYes
🕰️ Lobby Hours
Monday8:30 AM - 4:00 PM
Tuesday8:30 AM - 4:00 PM
Wednesday8:30 AM - 4:00 PM
Thursday8:30 AM - 4:00 PM
Friday8:30 AM - 5:00 PM
SaturdayClosed
SundayClosed
📜 Institutional History
2015
Merger / Acquisition
Acquired: Bank Of Jones County
1979
Merger / Acquisition
Acquired: Bank Of Leakesville
1977
Name Change
Name became: Changed Institution Name To First State Bank.
1977
Relocation
Moved HQ to: 708 Azalea Drive, Waynesboro, MS 39367.