First State Bank of DeKalb County

Headquarters

2407 Gault Avenue North
Fort Payne, AL 35967
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.25% 0.85% →
1-Year CD 0.60% 0.80% →
2-Year CD 0.65% 0.80% →
5-Year CD N.A. 1.15% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Bank Information

First State Bank of DeKalb County is an FDIC insured institution located in Fort Payne, AL. It was founded in 1982 and has approximately $0.27 billion in assets. Customers can open an account at one of its 5 branches.

FDIC Insured Yes
FDIC Certificate # 23815
Date Established 1982
Assets $ 266.24 million
Loans $ 117.92 million
Deposits $ 239.81 million
Capital $ 25.62 million
 

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

Deposit Rates - September 23, 2021

Your Current Location: California, CA 92111

Savings and Money Market Rates APY MIN MAX
Savings
0.25% $2,500 $4,999 Learn More
CD Rates APY MIN MAX
6 Mo CD
0.30% $10,000 $14,999 Learn More
6 Mo CD
0.30% $100,000 $199,999 Learn More
12 Mo CD
0.60% $10,000 $14,999 Learn More
12 Mo CD
0.60% $100,000 $199,999 Learn More
18 Mo CD
0.60% $10,000 $14,999 Learn More
18 Mo CD
0.60% $100,000 $199,999 Learn More
24 Mo CD
0.65% $10,000 $14,999 Learn More
24 Mo CD
0.65% $100,000 $199,999 Learn More
36 Mo CD
0.75% $10,000 $14,999 Learn More
36 Mo CD
0.75% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.20% $2,500 $3,499 Learn MoreShow Less
 

Loan Rates - September 23, 2021

Your Current Location: California, CA 92111

There are currently no loan rates available for First State Bank of DeKalb County

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




Featured - California 30 Year Fixed Mortgage Rates 2021

Lender APR Rate (%) Monthly
Payment
Learn More
Flagstar Bank, FSB
NMLS ID: 417490
3.184% 3.125%
0.75 points
$1,865 fees
$1,071 Learn More

Featured - California Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
BMO Harris Bank
BMO Harris Bank
See Table
Intro APR 1.790 %
After Intro: 4.840 %
Intro Period: 6 months
$0 Learn More
More Info
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
2.240 %
$0 Learn More
More Info

Note to First State Bank of DeKalb County
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Branches

First State Bank of DeKalb County 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:
San Diego,California


First State Bank of DeKalb County Locations


Financial Details

First State Bank of DeKalb County Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First State Bank of DeKalb County. 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 State Bank of DeKalb County U.S. Bank Average
8.6% 5.29%

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, 2021, First State Bank of DeKalb County had $2,217,000 in non-current loans and $115,000 in owned real estate. To cover these potential losses it had $25,621,000 in equity and $1,496,000 in loans loss reserves. That gives it a Texas Ratio of 8.6%.

Return on Equity
First State Bank of DeKalb County U.S. Bank Average
11.91% 11.43%

First State Bank of DeKalb County has a Return on Equity of 11.91% versus the BestCashCow average of 11.43%. 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 State Bank of DeKalb County U.S. Bank Average
9.62% 11.51%

First State Bank of DeKalb County has a Capitalization of 9.62% versus the BestCashCow average of 11.51. 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 State Bank of DeKalb County Balance Sheet Analysis

As of March 31, 2021, First State Bank of DeKalb County had assets of $266,238,000, loans of $117,924,000, and deposits of $239,806,000. 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, 2021
ASSETS
Cash & Balances due from depository institutions $ 56.03 million
Interest-bearing balances $ 46.57 million
Total securities $ 53.66 million
Federal funds sold and reverse repurchase $ 25.08 million
Net loans and leases $ 117.92 million
Loan loss allowance $ 1.50 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.12 million
Goodwill and other intangibles $ 2.46 million
All other assets $ 7.75 million
     Total Assets $ 240.62 million
LIABILITIES
Total deposits $ 239.81 million
      Interest-bearing deposits $ 153.50 million
      Deposits held in domestic offices $ 239.81 million
      % insured (estimated) 72.11%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.81 million
      Total Liabilities $ 240.62 million
      Shareholders’ Equity $ 25.62 million

Summary Income Statement

March 31, 2021
INCOME AND EXPENSES
Total Interest Income $ 2.25 million
Total Interest Expense $ 0.17 million
Net interest income $ 2.07 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.23 million
Total non interest expense $ 1.38 million
Pre-tax Net Operating Income $ 0.93 million

Bank Loan Profile?

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

Compared to other banks in Alabama, First State Bank of DeKalb County has a significantly higher percent of Credit Card Loans, Consumer Auto 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 36.04
Multifamily
Mortgages
0.09
Credit Card Loans 0.49
Consumer Auto Loans 6.10
Small Business Loans 0.00
Construction and Development Loans 12.53
Commercial Real Estate 15.91
Commercial and Industrial Loans 15.60
Farm Loans 3.79

Frequently Asked Questions About First State Bank Of Dekalb County

Branches and Savings

Is First State Bank Of Dekalb County FDIC insured?

Yes. It is covered under FDIC Certificate #23815.

Why does First State Bank Of Dekalb County pay such low interest on savings accounts?

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

Why are First State Bank Of Dekalb County CD rates not competitive?

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

Is First State Bank Of Dekalb County a commercial bank?

Yes

Where are First State Bank Of Dekalb County locations?

See branch locations nearby.

Is First State Bank Of Dekalb County open on Saturdays?

Is First State Bank Of Dekalb County open on Sundays?

What time does First State Bank Of Dekalb County open?

What time does First State Bank Of Dekalb County close?

Are First State Bank Of Dekalb County ATMs Open 24/7?

Do First State Bank Of Dekalb County ATMs accept cash deposits?

Can First State Bank Of Dekalb County customers use other ATMs?

Do First State Bank Of Dekalb County branches have notaries?

Will First State Bank Of Dekalb County notarize my document?

What address for First State Bank Of Dekalb County should I put for incoming ACH transfers?

Will the First State Bank Of Dekalb County branch print checks?

Do First State Bank Of Dekalb County checks expire?

Does First State Bank Of Dekalb County require US citizenship to open account?

Can First State Bank Of Dekalb County close my account?

Does First State Bank Of Dekalb County Report to credit bureaus?

Does First State Bank Of Dekalb County Use Equifax?

What is First State Bank Of Dekalb County's ACH Routing Number?

What is First State Bank Of Dekalb County's SWIFT code?

Products

Does First State Bank Of Dekalb County offer mortgages?

Compare mortgage rates here.

Does First State Bank Of Dekalb County offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does First State Bank Of Dekalb County offer personal loans?

Compare personal loan rates here.

Does First State Bank Of Dekalb County offer student loans?

Will First State Bank Of Dekalb County cash a check?

Will First State Bank Of Dekalb County redeem a savings bond?

Does First State Bank Of Dekalb County cash savings bonds?

Will First State Bank Of Dekalb County cash money orders?

Can First State Bank Of Dekalb County issue a money order?

Does First State Bank Of Dekalb County do currency exchange?

Background on The Bank

Who owns First State Bank Of Dekalb County?

How long has First State Bank Of Dekalb County been around?

Can First State Bank Of Dekalb County transfer to other banks?

Does First State Bank Of Dekalb County have quick pay?

Does First State Bank Of Dekalb County accept rolled coins?

Will First State Bank Of Dekalb County accept loose change?

Where is First State Bank Of Dekalb County headquarters?

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