First Star Bank, S.S.B.

Headquarters

109 Commerce Street
Bremond, TX 76629
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.95% →
1-Year CD N.A. 1.01% →
2-Year CD N.A. 0.95% →
5-Year CD N.A. 2.25% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

First Star Bank, S.S.B. is an FDIC insured institution located in Bremond, TX. It was founded in 1905 and has approximately $0.26 billion in assets.

FDIC Insured Yes
FDIC Certificate # 1176
Date Established 1905
Assets $ 236.35 million
Loans $ 153.77 million
Deposits $ 192.13 million
Capital $ 26.61 million
 

For a more detailed analysis of First Star Bank, S.S.B.'s financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - October 22, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - October 22, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for First Star Bank, S.S.B.

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

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3.620% 3.500% 1.00 $3,750 $1,123 Learn More
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2.570% 2.500% 0.88 $2,312 $988 Learn More
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2.566% 2.500% 0.88 $2,172 $988 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

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Note to First Star Bank, S.S.B.
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Branches

First Star Bank, S.S.B. 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:
Fairfield,Connecticut


First Star Bank, S.S.B. Locations


Financial Details

First Star Bank, S.S.B. Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First Star Bank, S.S.B.. 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
First Star Bank, S.S.B. U.S. Bank Average
4.19% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2020, First Star Bank, S.S.B. had $1,052,000 in non-current loans and $109,000 in owned real estate. To cover these potential losses it had $26,610,000 in equity and $1,104,000 in loans loss reserves. That gives it a Texas Ratio of 4.19%.

Return on Equity
First Star Bank, S.S.B. U.S. Bank Average
7.82% 7.80%

First Star Bank, S.S.B. has a Return on Equity of 7.82% versus the BestCashCow average of 7.80%. 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.

Capitalization
First Star Bank, S.S.B. U.S. Bank Average
11.26% 12.68%

First Star Bank, S.S.B. has a Capitalization of 11.26% versus the BestCashCow average of 12.68. 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.

First Star Bank, S.S.B. Balance Sheet Analysis

As of September 30, 2014, First Star Bank, S.S.B. had assets of $264,019,000, loans of $153,765,000, and deposits of $192,126,000. 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.

Summary Balance Sheet

March 31, 2020
ASSETS
Cash & Balances due from depository institutions N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 153.77 million
Loan loss allowance $ 1.10 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.11 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 192.13 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 236.35 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in First Star Bank, S.S.B.’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Construction and Development Loans.

Compared to other banks in Texas, First Star Bank, S.S.B. has a significantly higher percent of Small Business 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.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 20.94
Multifamily
Mortgages
0.00
Credit Card Loans 0.16
Consumer Auto Loans 0.66
Small Business Loans 9.09
Construction and Development Loans 9.65
Commercial Real Estate 12.09
Commercial and Industrial Loans 7.57
Farm Loans 3.22

Frequently Asked Questions About First Star Bank, S.s.b.

Branches and Savings

Is First Star Bank, S.s.b. FDIC insured?

Yes. It is covered under FDIC Certificate #1176.

Why does First Star Bank, S.s.b. pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are First Star Bank, S.s.b. CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is First Star Bank, S.s.b. a commercial bank?

Yes

Where are First Star Bank, S.s.b. locations?

See branch locations nearby.

Is First Star Bank, S.s.b. open on Saturdays?

Is First Star Bank, S.s.b. open on Sundays?

What time does First Star Bank, S.s.b. open?

What time does First Star Bank, S.s.b. close?

Are First Star Bank, S.s.b. ATMs Open 24/7?

Do First Star Bank, S.s.b. ATMs accept cash deposits?

Can First Star Bank, S.s.b. customers use other ATMs?

Do First Star Bank, S.s.b. branches have notaries?

Will First Star Bank, S.s.b. notarize my document?

What address for First Star Bank, S.s.b. should I put for incoming ACH transfers?

Will the First Star Bank, S.s.b. branch print checks?

Do First Star Bank, S.s.b. checks expire?

Does First Star Bank, S.s.b. require US citizenship to open account?

Can First Star Bank, S.s.b. close my account?

Does First Star Bank, S.s.b. Report to credit bureaus?

Does First Star Bank, S.s.b. Use Equifax?

What is First Star Bank, S.s.b.'s ACH Routing Number?

What is First Star Bank, S.s.b.'s SWIFT code?

Products

Does First Star Bank, S.s.b. offer mortgages?

Compare mortgage rates here.

Does First Star Bank, S.s.b. offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does First Star Bank, S.s.b. offer personal loans?

Compare personal loan rates here.

Does First Star Bank, S.s.b. offer student loans?

Will First Star Bank, S.s.b. cash a check?

Will First Star Bank, S.s.b. redeem a savings bond?

Does First Star Bank, S.s.b. cash savings bonds?

Will First Star Bank, S.s.b. cash money orders?

Can First Star Bank, S.s.b. issue a money order?

Does First Star Bank, S.s.b. do currency exchange?

Background on The Bank

Who owns First Star Bank, S.s.b.?

How long has First Star Bank, S.s.b. been around?

Can First Star Bank, S.s.b. transfer to other banks?

Does First Star Bank, S.s.b. have quick pay?

Does First Star Bank, S.s.b. accept rolled coins?

Will First Star Bank, S.s.b. accept loose change?

Where is First Star Bank, S.s.b. headquarters?

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