First State Bank
Key West, FL · Owner: First State Bank Holding Co
$1.2B
total assets, June 30, 2026
$1.2B
total assets, June 30, 2026
First State Bank is a state nonmember bank based in Key West, FL, owned by First State Bank Holding Co. As of June 30, 2026 it held $1.2 billion in assets and $1.1 billion in deposits; assets were up 2.1% from a year before. It has 9 branches.
Updated Oct 11, 2026 · numbers as of June 30, 2026
Total assets
$1.2B
+2.1% in a year · -0.3% in a quarter
Deposits
$1.1B
+2.3% in a year · +0.1% in a quarter
Loans
$797M
-2.9% in a year · -2.5% in a quarter
Profit so far
$3.1M
Jan 1 to Jun 30, 2026 · -18.8% in a year
Capital ratio
10.32%
+0.15 pts in a year
Return on assets
0.52%
-0.12 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 1201 Simonton St, Key West, FL, 33040
- County
- Monroe
- Holding company
- First State Bank Holding Co
- Established
- Oct 29, 1955
- Employees
- 188
- Branches
- 9
- Website
- keysbank.com
- Id
- b17509
Quarter by quarter
March 31, 1984 to June 30, 2026
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Branches
9 offices as of June 30, 2026, holding $1.1 billion in deposits
Branch map
Every branch, sized by its deposits
| State | Branches | Deposits | Share |
|---|---|---|---|
| Florida | 9 | $1.1B | 100.0% |
| Largest branches | Place | Deposits |
|---|---|---|
| First State Bank (main office) | Key West, FL | $487M |
| Boulevard Branch | Key West, FL | $157M |
| Big Pine Branch | Big Pine Key, FL | $111M |
| Key Largo Branch | Key Largo, FL | $99.8M |
| Marathon Branch | Marathon, FL | $91.6M |
| Islamorada Branch | Islamorada, FL | $40.2M |
| Tradewinds Branch | Key Largo, FL | $37.7M |
| Stock Island Branch | Stock Island, FL | $33.7M |
| Miramar Branch | Miramar, FL | $0 |
Related pages
Questions and answers
How big is First State Bank?
$1.2 billion in total assets and $1.1 billion in deposits as of June 30, 2026, with assets up 2.1% from a year before. Its loans were $797.3 million.
How many branches does First State Bank have?
9 branches in Florida as of June 30, 2026.
Is First State Bank profitable?
Yes: it earned $3.06 million from January 1 to June 30, 2026 (down 18.8% from the same months a year before). Its return on assets was 0.52% a year; about 1% is typical.
Who owns First State Bank?
First State Bank is owned by First State Bank Holding Co, its holding company.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.