First State Bank

BankKey West, Florida
keysbank.com

Total Assets

$1.1B

Total Deposits

$1.0B

Branches

9

Established

1955

TFS Health Grade

$
C

74.4 / 100

Average financial health

How we grade

First State Bank is a bank headquartered in Key West, Florida, established in 1955. With $1.1B in total assets and 9 branch locations, it has a TFS Financial Health Grade of C (74.4/100).

Capital & Safety

Tier 1 Capital Ratio
10.59%(8%)
Total Capital Ratio
16.51%(10%)
Non-Performing Loan Ratio
0.20%

Profitability

Return on Assets (ROA)
0.60%(1%)
Return on Equity (ROE)
6.63%(10%)
Net Interest Margin
3.29%
Efficiency Ratio
78.39%(60%)

Lending & Liquidity

Total Loans
$833.7M
Loan-to-Deposit Ratio
81.36%
Net Charge-Off Ratio
0.03%

Growth

Asset Growth (YoY)
-0.18%
Deposit Growth (YoY)
+2.16%
Net Income
$7.0M

Data sourced from FDIC BankFind Suite / NCUA Call Reports as of 2025-Q4. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.

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