First State Bank and Trust Company: how it compares with its peers
Against 140 TX banks with half to twice its assets, First State Bank and Trust Company's strongest measure in Q2 2026 is assets per employee ($10.7M vs. a $7.4M peer median). Its weakest relative measure is net interest margin (2.69% vs. 4.21%).
| Measure | This bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.97% | 1.49% | Bottom third Ahead of 21% of peers |
| Net interest margin Annualized net interest income over earning assets. | 2.69% | 4.21% | Bottom third Ahead of 2% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 61.58% | 60.35% | Middle third Ahead of 47% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $10.7M | $7.4M | Top third Ahead of 82% of peers |
| Loans to deposits Net loans and leases over total deposits. | 36.49% | 75.32% | Context |
What it means for lending operations
Its efficiency ratio of 61.58% is above the 60.35% peer median: it spends more to earn each dollar of revenue than most banks its size. Staff time on manual borrower verification (collecting pay stubs, bank statements, and employment letters, then re-keying them) is one of the larger controllable costs behind that number.
Banks closest in size
- Bank of Texas Midland, TX · $544M
- Fayette Savings Bank, SSB La Grange, TX · $552M
- Austin County State Bank Bellville, TX · $543M
- Herring Bank Amarillo, TX · $541M
- Texas Traditions Bank Katy, TX · $556M
- First Commercial Bank, National Association Seguin, TX · $566M
Questions about First State Bank and Trust Company
How big is First State Bank and Trust Company?
First State Bank and Trust Company, established in 1902, is headquartered in Carthage, TX. It reported $547M in total assets in its Q2 2026 FDIC call report and operates 1 office.
What is First State Bank and Trust Company's return on assets?
0.97% annualized in Q2 2026, against a 1.49% median for 140 TX banks with half to twice its assets, ahead of 21% of them.
What is First State Bank and Trust Company's efficiency ratio?
61.58% in Q2 2026: it spent about 62 cents in noninterest expense for each dollar of revenue. The peer median is 60.35%, and lower is better.
Is First State Bank and Trust Company growing its loans?
Net loans shrank 1.2% over the year to Q2 2026, while deposits grew 10.6%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are TX banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every Texas bank ranked.