First State Bank
Eastpointe, Michigan, Macomb County
$1.3B in total assets, the 838th largest of 4,309 US banks and 12th of 74 headquartered in Michigan.
- FDIC certificate
- 15032
- Established
- 1917
- Owned by
- First State Financial Corp
- Primary regulator
- FED
- Website
- www.fsb.bank
At a glance
Compared with 17 banks headquartered in Michigan with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $1.3B | 35% | $1.7B | |
| Loans | $1.1B | 29% | $1.3B | |
| Deposits | $1.2B | 41% | $1.4B | |
| Return on assets | 1.24% | 35% | 1.30% | |
| Net interest margin | 3.71% | 24% | 3.81% | |
| Efficiency ratio | 62.8% | 59% | 61.5% | |
| Equity to assets | 9.69% | 65% | 9.26% | |
| Loans to deposits | 87% | 24% | 94% |
Growth
Total assets grew 6.5% a year over the last 5 years and 7.3% a year over 10 years, without acquisitions.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Dec 1989 | Macomb County Bank Richmond, MI, an affiliate under the same holding company | $61M |
Where they operate
11 branches in 2 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Macomb County, MI | $1.2B | 5.6% | 7 of 13 |
| Oakland County, MI | $22M | 0.0% | 25 of 29 |
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 loss of 1 branch since 2016 (12 to 11, −8.3%). 1 opened, 0 acquired, 2 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 12 | |||
| 2016 | Closed Eastpointe | 0 | 1 | −1 | 11 |
| 2018 | Opened Rochester Hills | 1 | 0 | +1 | 12 |
| 2022 | Closed East Detroit | 0 | 1 | −1 | 11 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| 1-4 family residential | 37% | 36% | |
| Commercial real estate | 37% | 30% | |
| Business (C&I) | 14% | 13% | |
| Construction and land | 6% | 6% | |
| Multifamily | 2% | 4% | |
| Consumer | 0% | 3% | |
| Farmland | 0% | 1% | |
| Other | 4% | 6% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 63% | 49% | |
| Time deposits | 20% | 28% | |
| Noninterest-bearing | 16% | 23% |
Brokered deposits are 0.0% of deposits (peers 11.1%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.81% | 0.74% |
| Net charge-offs, annualized | 0.13% | 0.02% |
| Reserves to loans | 1.29% | 1.11% |
| Leverage ratio | 10.01% | 9.34% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Michigan
Largest competitors in Macomb County, MI
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-eastpointe-mi