First State Bank is a bank based in Key West, Florida, established in 1955, with $1.2 billion in total assets across 9 branches. By Trust Grade it ranks 55th of 83 banks we track in Florida. Its capital ratio of 8.8% trails most similarly sized banks (20th percentile), versus a Florida median of 9.3%. It was profitable over the most recent period, with a 0.53% return on assets. No consumer complaints against First State Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How First State Bank compares to Florida peers
How we graded First State Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (8.8% capital ratio)
- Profitable (ROA 0.53%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for First State Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (9)
- 1201 Simonton St, Key West, FL 33040
- 97670 Overseas Hwy, Key Largo, FL 33037
- 3406 N Roosevelt Blvd, Key West, FL 33040
- 101433 Overseas Hwy, Key Largo, FL 33037
- 6900 Overseas Hwy, Marathon, FL 33050
- 5450 Macdonald Ave, Stock Island, FL 33040
- 81621 Old Hwy, Islamorada, FL 33036
- 3740 Executive Way, Miramar, FL 33025
- 30515 Overseas Hwy, Big Pine Key, FL 33043
Are deposits at First State Bank insured?
Yes. First State Bank is an FDIC-insured bank (FDIC certificate #17509). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
First State Bank: frequently asked questions
Is First State Bank a good bank?
First State Bank earns a Bankzia Trust Grade of A (90/100, "Excellent"), based on a financial-strength score of 90/100 (it has no CFPB complaints on record). Well-capitalized (8.8% capital ratio); Profitable (ROA 0.53%).
Is First State Bank FDIC-insured?
Yes. First State Bank is a FDIC-insured bank (FDIC certificate #17509). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is First State Bank?
First State Bank holds $1.2 billion in total assets, ranking 55th of 83 banks we track in Florida. It operates 9 branches.
Does First State Bank have CFPB complaints?
No CFPB complaints against First State Bank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
