Official record
CDFI Fund list, 21 Oct 2026| Institution type | Bank or thrift |
|---|---|
| Native CDFI | No |
| Date certified (as listed) | 26 Apr 2018 |
| RSSD ID | 924236 |
| Address | P. O. Box 506, Waynesboro, MS 39367 Directions to the main office (Google Maps) |
| Website | www.firststatebnk.bank |
Head officeBranch or officeApproximate (ZIP code area)
Map data © OpenStreetMap contributors, © OpenMapTiles, tiles OpenFreeMap. Head-office points: U.S. Census Bureau geocoder.
Loans and eligibility
Not yet verifiedWe read 12 pages of this lender's website on 3 Nov 2026 but could not confirm any loan product, loan size or service area there, so we list nothing rather than guess. That doesn't mean it lacks them. Check www.firststatebnk.bank or contact the lender directly.
Questions to ask when you contact them
We have no details from their website yet, so these are the basics to ask any lender. Something missing here does not mean they don't offer it: ask.
- What kinds of loans do you make, and which one fits what I need?
We have no loan details from their website. - Do you lend where I live, or where my business is?
- What are the smallest and the largest loans you make?
- What interest rate and fees should I expect? For a personal, car or home loan, ask for the APR.
- What documents will you need from me, and how long does a decision usually take?
Write down the answers, who you spoke to and the date, and ask for the terms in writing before you sign.
CDFI Fund awards
CDFI Fund database, 3 Nov 2026$3.4 million in 7 awards from the U.S. Treasury's CDFI Fund, 2018–2024 (Bank Enterprise Award Program; CDFI Rapid Response Program).
| Round year | Program | Amount |
|---|---|---|
| 2024 | Bank Enterprise Award Program | $280,369 |
| 2023 | Bank Enterprise Award Program | $437,350 |
| 2021 | Bank Enterprise Award Program | $170,699 |
| 2021 | CDFI Rapid Response Program | $1,826,265 |
| 2020 | Bank Enterprise Award Program | $202,898 |
| 2019 | Bank Enterprise Award Program | $245,547 |
| 2018 | Bank Enterprise Award Program | $233,244 |
These are awards and investments made to the institution itself to build its capital and capacity. They are not loans to borrowers, and an award does not mean the lender has money available for a particular loan today.
Source: CDFI Fund Searchable Awards Database, all 12,628 award records (1996–2025), read 3 Nov 2026. Years are the award round as the database lists it. Matched to the official CDFI list by exact name and state; see the method on the About page.
Branches and size
FDIC, 30 Jun 2026On file with the FDIC as First State Bank (FDIC cert 15663). Source: FDIC BankFind Suite (public data): total assets from the Call Report as of 30 Jun 2026; office list as of 30 Oct 2026, downloaded 3 Nov 2026.
| Total assets | $951.5 million (as of 30 Jun 2026) |
|---|---|
| Offices | 16 (as of 30 Oct 2026) |
Offices by state and county (16)
Mississippi (16 offices)
- Clarke County (1): 310 S Archusa Ave, Quitman 39355
- George County (1): 12139 Highway 63 S, Lucedale 39452
- Greene County (2): 313 Lafayette Ave, Leakesville 39451; 261 Saint Peter St, State Line 39362
- Jones County (2): 301 S Court St, Ellisville 39437; 1808 Highway 84 W, Laurel 39440
- Lauderdale County (1): 801 22nd Ave, Meridian 39301
- Madison County (2): 108 Dees Drive, Madison 39110; 108 Dees Drive, Suite 201, Madison 39110
- Wayne County (7): 708 Azalea Dr, Waynesboro 39367 (main office); 2364 Buckatunna Chicora Clara Rd, Buckatunna 39322; 1350 Azalea Dr, Waynesboro 39367; 1401 Azalea Dr, Waynesboro 39367; 35 Buckatunna Chicora Clara Rd, Waynesboro 39367; 717 Wayne St, Waynesboro 39367; 902 Robinson St, Waynesboro 39367
An office shows where the lender has a branch, not where it lends or whom it lends to.
What the regulator filing shows
Call Report, 30 Jun 2026Figures from the Call Report filed by First State Bank (RSSD 924236, FDIC cert 15663). Source: FFIEC Central Data Repository, bulk Call Report data (public data), report date 30 Jun 2026; year-earlier figures from the 30 Jun 2025 report; downloaded 4 Nov 2026. Schedules RC-C Parts I and II, dollar amounts filed in thousands.
| Total loans and leases | $532.6 million (as of 30 Jun 2026, net of unearned income) |
|---|---|
| Change over the year | Up 20.0% from $443.9 million on 30 Jun 2025 |
| Total assets | $951.5 million (as of 30 Jun 2026) |
Loan mix (balances on 30 Jun 2026)
| Loan category | Balance | Share |
|---|---|---|
| Home mortgages (1-4 family, closed-end) | $130.3 million | 24.5% |
| Home equity lines of credit | $7 million | 1.3% |
| Commercial real estate, construction and multifamily | $262.5 million | 49.3% |
| Commercial and industrial (business) loans | $63.4 million | 11.9% |
| Farmland and farm production loans | $41.1 million | 7.7% |
| Consumer loans (credit cards, auto, other) | $15.9 million | 3.0% |
| All other loans and leases | $12.5 million | 2.4% |
Within consumer loans: auto loans $3 million, credit cards $730,000.
Small business loans (original amount $1 million or less, balances on 30 Jun 2026)
| Original loan amount | Secured by business property | Commercial and industrial |
|---|---|---|
| Up to $100,000 | 48 loans $2.1 million | 392 loans $8.7 million |
| $100,001 to $250,000 | 87 loans $11.2 million | 63 loans $6.6 million |
| $250,001 to $1 million | 86 loans $28 million | 45 loans $14.1 million |
| All small business loans | 221 loans $41.2 million | 500 loans $29.5 million |
Small farm loans (original amount $500,000 or less, balances on 30 Jun 2026)
| Original loan amount | Secured by farmland | Farm production |
|---|---|---|
| Up to $100,000 | 110 loans $4.5 million | 82 loans $1.9 million |
| $100,001 to $250,000 | 51 loans $5.3 million | 2 loans $170,000 |
| $250,001 to $500,000 | 18 loans $4.5 million | 2 loans $706,000 |
| All small farm loans | 179 loans $14.3 million | 86 loans $2.7 million |
Balances are loans outstanding on the report date, not loans made during the year, and they include loans the bank bought. Shares are of gross loans and leases. The change over the year includes loans gained through mergers or bought from others. A category with no balance does not mean the bank never makes that kind of loan; ask the bank.
Home loans reported under HMDA (2025)
FFIEC HMDA data, 2025First State Bank reported 163 originated home loans for 2025 under the Home Mortgage Disclosure Act, totaling about $32.2M (median loan about $125,000). 71 were home-purchase loans.
By loan purpose
| Purpose | Loans | Share |
|---|---|---|
| Home purchase | 71 | 44% |
| Refinance (incl. cash-out) | 70 | 43% |
| Home improvement | 11 | 6.7% |
| Other purpose | 11 | 6.7% |
By loan type
| Loan type | Loans | Share |
|---|---|---|
| Conventional | 163 | 100% |
Included above: 5 loans on multifamily (5+ unit) properties.
Where the loans were made
Counties with the most 2025 originations, out of 27 counties with at least one; 92% of its 2025 loans were for properties in Mississippi:
- Jones County, MS (41)
- Wayne County, MS (29)
- Lauderdale County, MS (22)
- Clarke County, MS (11)
- George County, MS (7)
- Lamar County, MS (7)
- Greene County, MS (6)
- Washington County, AL (4)
Filed under LEI 254900CRPFBFJUTD8P12 as “FIRST STATE BANK”; matched by name, state and city (checked by hand; see the method on our About page).
Source: FFIEC Home Mortgage Disclosure Act (HMDA) data for 2025, snapshot frozen 2 Jun 2026, loan-level records read through the CFPB HMDA Data Browser API on 3 Nov 2026. Originated loans only; applications that were denied, withdrawn or not accepted are not counted. HMDA publishes each loan amount as the middle of a $10,000 band, so totals and medians are approximate. Counts under 3 are not shown. How we match lenders.
How it compares
Computed from public data| Measure | This lender | Compared with |
|---|---|---|
| Median SBA 7(a) loan it approved, FY2020–FY2026 | $270,000 (18 loans) | All 7(a) lenders in Mississippi: $222,350. Larger than the median loan of 71% of the 97 other certified CDFIs with 10 or more 7(a) loans. |
| SBA approvals, FY2023–24 → FY2025–26 | 6 → 2 | Rank among the 16 certified CDFIs in Mississippi with SBA approvals in either period: 8 → 12. |
| Total assets (Call Report, 30 Jun 2026) | $951.5 million | Larger than 72% of the 82 other certified banks and bank holding companies in Mississippi (median $408.8 million). |
| Loans as a share of assets | 56% | Median of the same 82 banks and bank holding companies: 62%. A higher share means more of its balance sheet is lent out. |
| Loans held, 30 Jun 2025 → 30 Jun 2026 | $443.9 million → $532.6 million (+20%) | Median change of 82 other certified banks and bank holding companies in Mississippi: +8%. Rank by loans held among these 83: 25 → 23. |
| Home loans originated in 2025 (HMDA) | 163 | More than 62% of the 263 other certified CDFIs that reported 3 or more (119 at the median). Volume only; nothing here is an approval rate. |
How these comparisons were worked out
| Measure | Peer group (this lender left out) | Peers | Where this lender sits |
|---|---|---|---|
| Median SBA 7(a) loan | certified CDFIs with 10+ 7(a) loans, nationwide | 97 | larger than 71% |
| SBA approvals then vs now | certified CDFIs in Mississippi with SBA approvals FY2023–2026 | 15 | rank 8 → 12 of 16 |
| Call Report total assets | other certified banks and bank holding companies in Mississippi | 82 | larger than 72% |
| Loans held then vs now | certified banks and bank holding companies in Mississippi reporting both dates | 82 | rank 25 → 23 of 83 |
| HMDA home loans | certified CDFIs with 3+ originations in 2025, nationwide | 263 | more than 62% |
“Larger than X%” = the share of the peer group with a smaller value. Ranks count from the largest. Peer groups use the lender's home state when it has at least 5 peers, otherwise the whole country. Full definitions: methodology.
For comparison, not an offer and not a rating. Past records show what this lender did, not what you would be offered; your rate depends on the loan and on the lender's review. Peer groups and sources: methodology. SBA 7(a) & 504 FOIA data as of 30 Sep 2026. Assets and loans: FFIEC and NCUA Call Reports (see the loan-mix section). Home loans: FFIEC/CFPB HMDA data.
SBA loans approved
SBA data as of 30 Sep 2026The SBA's public loan data lists 18 SBA-backed approvals for First State Bank in fiscal years 2020–2026 (October 2019 to September 2026):
- 18 7(a) loans as the lender: $9.9M in total (gross amount approved), median $270,000
By fiscal year: FY2020 2 · FY2021 4 · FY2022 4 · FY2023 2 · FY2024 4 · FY2025 0 · FY2026 2.
What actually happened
- Size of its 7(a) loans: half were between $215,275 and $702,750, median $270,000 (18 loans)
- Term of its 7(a) loans: median 120 months (10 years) (18 loans)
- Fixed or variable: 72% of its 7(a) loans had a fixed rate (18 loans)
- Young businesses: 22% of its 7(a) loans went to a startup or a business two years old or less (18 loans with an answer)
Descriptive only: what the SBA file records for loans this lender approved in fiscal years 2020–2026. Each figure covers at least 10 loans; with fewer we show nothing. It is not an offer, not the rate or term you would get, and says nothing about your chance of approval.
By program
- 7(a) standard (17, 94%)
- 7(a) working-capital and trade lines (1, 6%)
Borrower industries
NAICS sector, 3 or more loans.
- Accommodation and food services (4)
- Construction (3)
Where borrowers are
County of the borrower's ZIP code, 3 or more loans.
- Wayne County, MS (7)
- Jones County, MS (5)
How this lender was matched in the SBA files: FDIC cert 15663, found through the RSSD ID on the CDFI Fund list (SBA lists “First State Bank”).
Approved is not the same as paid out: an approved loan can be reduced or never drawn. SBA lists the lender each loan is currently assigned to, which can differ after a merger or loan sale. First State Bank may also make loans outside SBA programs, which are not counted here, and SBA Microloans are not in these files.
Source: U.S. Small Business Administration, 7(a) & 504 FOIA loan data, files as of 30 Sep 2026, downloaded 3 Nov 2026. Our counts, cancelled approvals left out. How we match lenders.
Other certified CDFIs in Waynesboro and Mississippi
- First State CorporationBank holding company · Waynesboro, MSOfficial list only
- BANK OF BROOKHAVENBank or thrift · Brookhaven, MSAuto / vehicle loans, Home repair / improvement loans, Home mortgages, Small-business loansVerified
- BANKPLUSBank or thrift · Belzoni, MSCredit-builder loans, Home mortgages, Personal / consumer loans, Small-business loansVerified
- Bancorp Of Okolona, INcBank holding company · Okolona, MSVerified
- Bank of AnguillaBank or thrift · Anguilla, MSAgriculture / farm loans, Auto / vehicle loans, Commercial real estate loans, Equipment loans…Verified
- Bank of CommerceBank or thrift · Greenwood, MSAgriculture / farm loans, Auto / vehicle loans, Credit-builder loans, Home repair / improvement loans…Verified
Work at First State Bank? Link to this page
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