1st State Bank

4800 Fashion Square Boulevard, Suite 100
Saginaw, MI 48604


General Bank Information

FDIC Insured Yes
FDIC Certificate # 57626
Date Established 2004
Assets $0.23 billion
Loans $0.17 billion
Deposits $0.20 billion
Capital $0.02 billion

1st State Bank is an FDIC insured institution located in Saginaw, MI. It was founded in 2004 and has approximately $0.23 billion in assets. Customers can open an account at one of its 4 branches.

For a more detailed analysis of 1st State Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in 1st State Bank’s loan portfolio are Commercial and Industrial Loans, Commercial Real Estate, and 1-4 Family Residential Loans.

Compared to other banks in Michigan, 1st State Bank has a significantly higher percent of Commercial and Industrial Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 12.84
Credit Card Loans 0.01
Consumer Auto Loans 0.06
Small Business Loans 0.00
Construction and Development Loans 6.75
Commercial Real Estate 38.19
Commercial and Industrial Loans 41.88
Farm Loans 0.00

Savings Rates

Your Current Location: Virginia, VA 20146

3 Mo CD 10K
0.10% $5,000 - Learn MoreShow Less
6 Mo CD 10K
0.15% $5,000 - Learn MoreShow Less
Savings Rates APY MIN MAX
Fixed IRA 0K
0.35% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA 0K
0.03% $1 $499 Learn MoreShow Less
MM 2.5K
0.01% $1 $9,999 Learn MoreShow Less
MM 10K
0.03% $10,000 $24,999 Learn MoreShow Less
MM 25K
0.03% $25,000 $49,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.01% $1 $4,999 Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

BestCashCow tracks mortgage, home equity, and auto loan rates. In the future, we will be adding other loan products. Please contact the lender for questions about their loan products.

There are currently no rates available for 1st State Bank

We're working to get rates for every bank in the world. Please bare with us until we are able to get rates for this bank.

Back to 1st State Bank

Note to 1st State Bank
To upload and update your bank's rates please register. It is free to register and add rates.


1st State Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:

1st State Bank Locations

Financial Details

1st State Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of 1st State Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
1st State Bank U.S. Bank Average
17.84% 8.87%

The Texas Ratio compares the amount of loans at risk and the amount of owned real estate with the amount a bank has on hand to cover any losses. As of March 31, 2017, 1st State Bank had $3,392,000 in non-current loans and $929,000 in owned real estate. To cover these potential losses it had $21,536,000 in equity and $2,683,000 in loans loss reserves. That gives it a Texas Ratio of 17.84%. The closer the Texas Ratio is to 100% and over, the less capital and reserves a bank has to absorb its loan losses.

Return on Equity
1st State Bank U.S. Bank Average
9.04% 8.39%

1st State Bank has a Return on Equity of 9.04% versus the BestCashCow average of 8.39%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

1st State Bank U.S. Bank Average
9.19% 11.94%

1st State Bank has a Capitalization of 9.19% versus the BestCashCow average of 11.94%. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

1st State Bank Balance Sheet Analysis

As of March 31, 2017, 1st State Bank had assets of $234,372,000, loans of $170,741,000, and deposits of $196,682,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Customer Reviews for 1st State Bank

There are currently no comments for 1st State Bank. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →