FirstState Bank - Banks

About FirstState Bank

FirstState Bank is a bank headquartered in Lineville, Alabama, and is one of the Banks in Alabama in this directory. It was founded in 1971 by a group of local residents who wanted a community financial institution that could serve the goals of their families and neighbors. They pooled their money and obtained a charter to open the bank. Over the following decades it grew into one of the larger independent financial institutions in its area. The bank's expansion included an operations center in 1986 that brought several functions in-house, an Ashland office in 1987, and a conference center in a restored Lineville building in 1996. A mortgage center was established in 2002, followed by a Lake Wedowee office in 2003. A new main office in Lineville opened in 2008. The bank has also added telephone, internet and mobile banking over time, and it has ATMs at its branches. The firm reports total assets of $349.35 million and total deposits of $323.91 million, with three branch offices. Its holding company is First State Capital Corp, and its primary federal regulator is the FDIC. Like other entries in the Directory of US Banks, this profile reflects publicly available registry information and the bank's own published history.

Key Facts

Total Assets

$349.35M

Total Deposits

$323.91M

Branch Offices

3

Established

1971

Holding Company

First State Capital Corp

Primary Regulator

FDIC