SBA lender profile
First State Bank
First State Bank appears in the public SBA loan data with 369 funded 7(a) loans since FY2010, totaling $244.3M, an average of $662K per loan, and an estimated 5,792 jobs supported. Its SBA lending concentrates in Texas and the Retail Trade sector. Across its 7(a) loans, the charge-off rate is 3.5%. 8.7% of its 7(a) loans were processed under delegated PLP authority.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)
- Track record 70
- Scale 80
- Activity 83
- Consistency 88
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is First State Bank the right lender for you?
Lenders fund what they know. First State Bank's SBA lending concentrates in Texas (89 loans) and Retail Trade (69 loans), at an average loan of $662K. If your business does not look like that, a different SBA lender is likely the better fit.
See which SBA lenders fund businesses like yours →Ranked on the funded-loan record, not on who pays. Free, and your details go only to the lenders we match you to.
Bank profile
via FDIC- Total assets
- $137M
- Headquarters
- Holly Springs, MS
- FDIC cert
- #10588
- Status
- Inactive
Where First State Bank lends
Top states by funded SBA volume.
Metro areas where First State Bank funds
What First State Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Retail Trade | 69 | $55.2M |
| Accommodation and Food Services | 75 | $47.9M |
| Manufacturing | 45 | $23.9M |
| Health Care and Social Assistance | 26 | $23.2M |
| Wholesale Trade | 21 | $20.7M |
| Real Estate | 16 | $17.3M |
First State Bank SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 29 | $13.4M |
| 2011 | 52 | $21.2M |
| 2012 | 31 | $21.3M |
| 2013 | 21 | $12.5M |
| 2014 | 24 | $9.9M |
| 2015 | 14 | $4.7M |
| 2016 | 13 | $6.1M |
| 2017 | 23 | $12.5M |
| 2018 | 22 | $12.3M |
| 2019 | 17 | $6.3M |
| 2020 | 18 | $21.4M |
| 2021 | 15 | $11.9M |
| 2022 | 31 | $21.7M |
| 2023 | 20 | $15.3M |
| 2024 | 19 | $22.4M |
| 2025 | 14 | $23.0M |
| 2026 | 6 | $8.6M |
Related SBA lenders
Other lenders active in Texas or in Retail Trade.
Comparing lenders? See how to choose an SBA lender by track record.
First State Bank: frequently asked questions
Does First State Bank offer SBA loans?
Yes. First State Bank appears in the public SBA data with 369 funded SBA 7(a) loans totaling $244.3M.
How many SBA loans has First State Bank made?
First State Bank is associated with 369 SBA 7(a) loans totaling $244.3M in the public SBA data (as of 2026-03-31).
What is First State Bank's SBA charge-off rate?
About 3.5% of First State Bank's 7(a) loans in the data have been charged off. A lower rate is generally a better sign, but it is not a lifetime default rate; see our methodology for how it is calculated.
Where does First State Bank do most of its SBA lending?
First State Bank's SBA lending in the data is most concentrated in Texas, and by industry in Retail Trade.
Is First State Bank an SBA Preferred Lender (PLP)?
The loan record shows First State Bank operating under PLP delegated authority: 32 of its 7(a) loans (8.7%) were processed through the Preferred Lenders Program, including 8 in FY2024–2026. The SBA grants and renews PLP status and publishes no public roster, so this is the processing record, not a certification.
This page is the public view of your institution's SBA record: rank, trajectory, and market position, computed from the complete public 7(a)/504 dataset. The full competitive picture (your share against named competitors by state and industry, and the growing markets you're absent from) is available to your team.
Request your institution's benchmarking →Mario Bailey. (2026). First State Bank SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/first-state-bank/
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