BranchWatch

First State Bank

Headquartered in Key West, FL. Part of First State Bank of the Florida Keys Holding Company. FDIC certificate #17509 · Federal Reserve RSSD 191935.

Total assets
$1.2B
Deposits
$1.1B
Q1 2026
Active branches
9
Closings since Jan 2020
3
0 openings since Jan 2020

Financial snapshot — Q1 2026

All quarters
Net income (quarter)
$2M
Return on assets
0.53%
Return on equity
5.94%
Noncurrent loan rate
0.15%

Deposits by year (Summary of Deposits)

1
2019
1
2020
1
2021
1
2022
1
2023
1
2024
1
2025

Values in $ billions, June 30 of each year.

Closings by year

1
2022
2
2024

Other network changes since 2020

  • March 1, 2026: legal name changed from “First State Bank of the Florida Keys” to “First State Bank”

Branches by state

Recent closings

All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: keysbank.com.