PackageTrendsPeer
Letter portraitLegal landscape

First State Bank

Crossett, AR · Cert 18987

FDIC · 2 branches

Q1 2020

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q1 2020, the quarter ended March 31, 2020, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

First State Bank

Crossett, AR · Cert 18987

FDIC · 2 branches

Q1 2020

$39.8MAssets
$20.8MLoans
$34.4MDeposits
$5.1MEquity
Loan mix
57%RE $11.5M24%C&I $4.9M18%Consumer $3.7MQ1 2019Q1 2020
Deposit mix
59%Interest-bearing $20.2M41%Noninterest $14.2MQ1 2019Q1 2020

NIM

4.58%Q1 ’184.88%Q1 ’194.92%Q1 ’20+7%-2%

Non-interest income vs. expense

4.05%Q1 ’184.06%Q1 ’1910.41%Q1 ’20+8%+202%

Executive Summary

  • Earnings: ROA of -4.90%, down 628 bps year over year; NIM at 4.45%.
  • Asset quality: problem loans at 3.05% of loans (+228 bps YoY), with net charge-offs at 0.06%.
  • Capital: tier 1 leverage ratio of 14.99%, down 173 bps from a year ago.
  • Funding: loans stand at 60.55% of deposits as of Q1 2020.

Financial Results

Return on Assets (YTD, annualized)

-4.90%-628 bps YoY

Net Interest Margin (YTD, annualized)

4.45%-11 bps YoY

Efficiency Ratio (YTD, annualized)

183.74%+11,104 bps YoY

Tier 1 Leverage Ratio

14.99%-173 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2019Q2 2019Q3 2019Q4 2019Q1 2020YoY ΔTrend
Earnings
Return on Assets1.38%1.42%1.24%0.65%-4.90%-628 bps
Return on Equity8.47%8.59%7.39%3.91%-33.61%-4,208 bps
Net Interest Margin4.57%4.64%4.63%4.56%4.45%-11 bps
Efficiency Ratio72.71%72.44%74.40%81.72%183.74%+11,104 bps
Non-Interest Burden3.04%3.06%3.21%3.54%9.20%+616 bps
Growth
Asset Growth (YoY)-2.74%-5.79%-4.18%3.46%18.05%+2,079 bps
Loan Growth (YoY)-3.54%-0.76%-1.47%-3.79%-1.46%+208 bps
Deposit Growth (YoY)-3.88%-7.46%-5.79%3.59%23.13%+2,701 bps
Asset Quality
Nonperforming Loans / Loans0.77%0.99%1.89%1.86%3.05%+228 bps
Net Charge-Offs / Loans0.04%0.00%0.08%0.29%0.06%+2 bps
Allowance / Loans0.47%0.48%0.54%0.50%0.49%+2 bps
Allowance Coverage of NPLs0.6x0.5x0.3x0.3x0.2x-0.5x
Capital
Tier 1 Leverage Ratio16.72%17.13%17.12%16.66%14.99%-173 bps
Total Risk-Based Capital24.93%25.04%26.75%25.20%14.99%-994 bps
Equity / Assets16.30%17.02%17.22%16.48%12.93%-338 bps
Liquidity & Funding
Loans / Deposits75.66%79.00%78.13%74.79%60.55%-1,511 bps
Liquid Assets / Assets25.16%23.95%24.99%26.24%25.96%+80 bps
CRE / Total Capitaln/an/an/an/an/an/an/a