The First State Bank
Louise, Texas, Wharton County
$895M in total assets, the 1,176th largest of 4,309 US banks and 104th of 352 headquartered in Texas.
- FDIC certificate
- 17588
- Established
- 1956
- Owned by
- Louise Bancshares Inc
- Primary regulator
- FDIC
- Website
- www.fsblouise.com
At a glance
Compared with 218 banks headquartered in Texas with $100 million to $1 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $895M | 94% | $332M | |
| Loans | $652M | 96% | $188M | |
| Deposits | $807M | 95% | $286M | |
| Return on assets | 2.61% | 96% | 1.45% | |
| Net interest margin | 5.21% | 90% | 4.20% | |
| Efficiency ratio | 52.9% | 27% | 61.7% | |
| Equity to assets | 8.95% | 20% | 10.94% | |
| Loans to deposits | 81% | 66% | 72% |
Growth
Total assets grew 6.5% a year over the last 5 years and 9.1% a year over 10 years, including 2 acquisitions in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Oct 2021 | Dilley State Bank Dilley, TX, an affiliate under the same holding company | $126M |
| Aug 2018 | The First National Bank of Woodsboro Woodsboro, TX | $51M |
| Mar 1987 | Sweeny Bank Sweeny, TX | $20M |
Where they operate
15 branches in 9 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Wharton County, TX | $339M | 20.0% | 2 of 9 |
| Brazoria County, TX | $101M | 1.5% | 18 of 27 |
| Frio County, TX | $100M | 12.1% | 2 of 3 |
| Matagorda County, TX | $79M | 14.5% | 2 of 6 |
| Jackson County, TX | $59M | 17.3% | 2 of 5 |
| Refugio County, TX | $53M | 48.3% | 2 of 2 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net gain of 5 branches since 2016 (10 to 15, +50.0%). 2 opened, 3 acquired, 0 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 10 | |||
| 2018 | Acquired The First National Bank of Woodsboro | 2 | 0 | +2 | 12 |
| 2021 | Acquired Dilley State Bank | 1 | 0 | +1 | 13 |
| 2024 | Opened Sugar Land | 1 | 0 | +1 | 14 |
| 2025 | Opened Shiner | 1 | 0 | +1 | 15 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Farmland | 22% | 7% | |
| Commercial real estate | 21% | 28% | |
| Construction and land | 17% | 11% | |
| 1-4 family residential | 17% | 27% | |
| Agricultural | 14% | 5% | |
| Business (C&I) | 7% | 14% | |
| Multifamily | 2% | 2% | |
| Consumer | 1% | 5% | |
| Other | 0% | 1% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 81% | 41% | |
| Time deposits | 17% | 29% | |
| Noninterest-bearing | 2% | 30% |
Brokered deposits are 0.0% of deposits (peers 1.9%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 2.16% | 0.30% |
| Net charge-offs, annualized | 0.12% | 0.01% |
| Reserves to loans | 1.28% | 1.23% |
| Leverage ratio | 10.58% | 11.63% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Texas
Largest competitors in Wharton County, TX
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/banks/first-state-bank-louise-tx