Total Assets
$1.2B
Total Deposits
$1.1B
Branches
9
Established
1955
First State Bank is a bank headquartered in Key West, Florida, established in 1955. It holds $1.2B in total assets across 9 branch locations. In our editorial opinion, based on public FDIC/NCUA data, First State Bank earns a TFS Financial Health Grade of B- (75.5/100) — our editorial assessment, not an official rating or financial advice.
TFS Health Grade
75.5 / 100
Good financial health
How we gradeTFS Health Grades are our editorial opinion based on public FDIC/NCUA data — not an official rating, not financial advice.
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Financial data through June 30, 2026. Updated by TFS August 28, 2026. Data sourced from FDIC BankFind Suite as of 2026-Q2. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.
Data sourced from CFPB Consumer Complaint Database. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.
| Branch | Address | City | State | Type |
|---|---|---|---|---|
| First State BankHQ | 1201 Simonton St | Key West | FL | 11 |
| First State Bank | 30515 Overseas Hwy | Big Pine Key | FL | 11 |
| First State Bank | 81621 Old Hwy | Islamorada | FL | 11 |
| First State Bank | 97670 Overseas Hwy | Key Largo | FL | 11 |
| First State Bank | 101433 Overseas Hwy | Key Largo | FL | 11 |
| First State Bank | 3406 N Roosevelt Blvd | Key West | FL | 11 |
| First State Bank | 6900 Overseas Hwy | Marathon | FL | 11 |
| First State Bank | 3740 Executive Way | Miramar | FL | 21 |
| First State Bank | 5450 Macdonald Ave | Stock Island | FL | 11 |
Data sourced from FDIC BankFind Suite. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.
Data sourced from FDIC Enforcement Decisions and Orders / NCUA. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.
TFS Financial Health Grades represent our editorial assessment based on publicly available data and our proprietary methodology. They do not represent financial advice or an official government rating. Data on this page is sourced from federal government databases and is believed to be accurate.
Benchmarked against 60 active, federally insured banks reporting in the same quarter and holding roughly 0.5×–2× its assets. Same-state and overlapping-market peers are prioritized.
TFS health score
75.5
Tier 1 capital ratio
10.32%
Return on assets
0.52%
Non-performing loans
0.15%
Efficiency ratio
81.59%
Asset growth (YoY)
2.09%
Suggested direct comparisons
Key West, FL
$16.7M
Complaint percentiles are intentionally withheld while TFS audits CFPB company matching and import coverage. Peer conclusions use complete same-quarter regulatory metrics only.