First State Bank of Texas

What First State Bank of Texas does

First State Bank of Texas is a privately held, Texas state-chartered community bank founded in 1914 (originally as Live Oak County State Bank, renamed in 1932) and headquartered in Orange, Texas, with six branch locations spanning Southeast Texas and the Greater Houston metro: Orange, Beaumont, Vidor, Three Rivers, The Woodlands, and Tomball. The bank operates a full-service consumer and small-to-mid-sized business banking franchise organized across four pillars: Personal Banking (checking, savings, money market, CDs, IRAs), Business Banking (checking tiers including IOLTA for law firms, savings, money market, CDs), Lending (agricultural, commercial, consumer, home equity, and mortgage loans plus Mastercard personal and business credit cards), and Treasury Management (Remote Deposit, ACH, Positive Pay, Direct Deposit, Lockbox, Wires, Merchant Services). It is regulated by the Texas Department of Banking, holds NMLS #546161, and operates under FDIC oversight as disclosed by Equal Housing Lender branding on its site.

The technology stack is entirely third-party rather than proprietary: Fiserv powers the consumer and business mobile applications and the secure internet banking platform; Deluxe handles check reordering; Allied Payment provides external bill pay via PortalPay; CardAccount.net and TIB Total Banking manage credit card servicing; and Zelle, Apple Pay, Google Pay, and Samsung Pay are integrated as digital wallet and P2P payment features. FINSYNC is offered as a third-party integrated business financial management platform. There is no disclosed AI/ML capability, no proprietary underwriting or analytics platform, and no API or developer-facing surface — the bank is a relationship-led distribution model augmented by vendor-provided digital tooling rather than a technology product company.

The business model is traditional community bank economics consisting of net interest income from loan portfolios (consumer, mortgage, home equity, agricultural, commercial) funded by deposits (checking, savings, money market, CDs), supplemented by fee-based income from account services, transaction fees, treasury management, merchant services, and credit card interchange. Go-to-market is community-led with local decision-making, extended drive-thru hours, hometown marketing via social media and community events, and an explicit differentiation strategy against national banks built on personal relationships rather than pricing or technology. Customer segments span individual consumers (with niche products for veterans and teens), small-to-mid-sized businesses including professional services with IOLTA accounts, and agricultural customers in Southeast Texas, distributed across a long-tail rather than concentrated enterprise relationships.

Name

First State Bank of Texas

Legal name

First State Bank of Texas

Website

https://fsboftx.com

Company type

Private

Founded year

1914

Operating status

Operating

Headcount range

501–1,000 employees

Short description

First State Bank of Texas is a privately held, Texas state-chartered community bank founded in 1914, operating six branches across Southeast Texas and the Greater Houston metro. It serves consumers, small-to-mid-sized businesses, and agricultural customers with deposit accounts, lending, treasury management, and Mastercard credit cards via a third-party technology stack.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Commercial Banking (522110)

SIC

State Commercial Banks (6022)

akta.pro primary industry

Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)

akta.pro secondary industries

Small Business Banking (Microbusiness/Sole Proprietor) (FSABAAAI), SME Deposits & Business Accounts (Operating, Savings, CDs) (FSABABAC), Credit Cards & Revolving Credit (FSABAAAC)

Keywords

• Community banking services
• Retail banking
• Commercial lending
• Treasury management
• Consumer credit cards

Headquarters

HQ city

Dallas

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Interest Income: Traditional bank lending revenue from consumer loans, mortgages, commercial loans, agricultural loans, and home equity products. Interest earned on loan portfolios constitutes primary revenue stream.
2. Fee-Based Income: Various banking fees including monthly service charges, transaction fees, wire transfer fees, ATM fees, overdraft fees, and check ordering services.
3. Deposit Services: Interest-bearing deposit accounts including checking, savings, money market accounts, and certificates of deposit. Deposits serve as funding source for lending operations.
4. Credit Card Services: Visa credit card products including Low Rate and Preferred Points Rewards cards generating interchange fees and interest income.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels4 records

Core offering

First State Bank of Texas is a privately held community bank delivering a full suite of deposit, lending, treasury management, and digital banking products across Southeast Texas. Offerings are organized into four pillars: Personal Banking (checking, savings, money market, CDs, IRAs), Business Banking (checking, savings, money market, CDs, IOLTA), Lending (agricultural, commercial, consumer, home equity, mortgages, plus Mastercard credit cards), and Treasury Management (Remote Deposit, ACH, Positive Pay, Direct Deposit, Lockbox, Wires, Merchant Services), supported by Fiserv-powered mobile and online banking apps.

Product overview

First State Bank of Texas offers a comprehensive, relationship-focused banking platform organized into four core pillars: Personal Banking (checking, savings, IRAs, and CDs), Business Banking (checking, savings, CDs, and money market accounts), Lending (agricultural, commercial, consumer, home equity, and mortgage loans plus credit cards), and Treasury Management (Remote Deposit, ACH, Positive Pay, Direct Deposit, Lockbox, Wires, and Merchant Services). The portfolio is anchored by multiple personal and business checking and savings account tiers (Freedom Checking, Teen Checking, Simple Checking, Hometown Rewards Checking, Simple Business Checking, Business Checking, Commercial Analyzed, and IOLTA Checking) and complemented by a full suite of loan products and Mastercard credit cards. Digital banking is delivered through consumer and business mobile apps (available on Apple App Store and Google Play) and a web-based online banking platform, with integrations including Zelle, Apple Pay, Google Pay, Samsung Pay, FINSYNC, Allied Payment (bill pay), and CardAccount.net. Treasury Management services are available for business customers, and the bank operates six physical branch locations across Southeast Texas (Orange, Beaumont, Vidor, Three Rivers, The Woodlands, and Tomball).

Differentiator

Problem solved

Functional benefit

Products and services

• Personal Checking Accounts A family of personal checking accounts including Freedom Checking (for veterans/military and retirees with no monthly service charge and a 0.25% loan rate discount), Teen Checking (ages 13-17 with mobile alerts and a linked savings account), Simple Checking ($5 monthly service charge), and Hometown Rewards Checking (interest-bearing with tiered rates, nationwide ATM fee refunds up to $15/month).
• Personal Savings, Money Market, and CDs Personal savings products including Teen (Minor) Savings, Simple Savings, a Personal Money Market account with tiered variable rates, and Certificates of Deposit with multiple maturity terms, all designed for individual consumer savers in Southeast Texas.
• Individual Retirement Accounts (IRAs) Traditional and Roth IRA products offered for tax-advantaged retirement savings, with Traditional IRA contributions allowed up to $7,500 annually ($8,600 if over 50).
• Business Checking Accounts A suite of business checking accounts including Simple Business Checking (startups/small business, 50 free transactions/month, $2,500 cash deposit limit), Business Checking (mid-tier, 250 free transactions/month, $5,000 cash deposit volume), Commercial Analyzed ($20/month fee, $10,000 cash deposit volume, earnings credit rate offset), and IOLTA Checking (law firm trust accounts).
• Business Savings, Money Market, and CDs Business savings products including a Business Savings account (Regulation D limits, interest paid quarterly), Business Money Market (tiered rates paid monthly), and Business Certificates of Deposit with maturities from three months to five years.
• Agricultural Loans Specialized lending for farmers and ranchers in Southeast Texas covering agricultural equipment financing, livestock purchases, property improvements, and seasonal working capital needs, reflecting the bank's agricultural heritage.
• Commercial Loans General-purpose commercial lending products to support business growth, equipment purchases, and operational financing needs, with local decision-making by the bank's commercial lending team.
• Consumer Loans A wide array of consumer loan products including auto financing, boat and recreational vehicle loans, vacation financing, student loans, and secured and unsecured personal loans with flexible payment options.
• Home Equity and Land Loans Competitive home equity loans and land purchase financing, supporting customers looking to leverage existing property equity or purchase land for new home or business construction.
• Mortgage Loans Residential mortgage products including Conventional Mortgages and FHA (Federal Housing Administration) loans with competitive rates and multiple term options, under NMLS #546161.
• Personal Mastercard Credit Cards Personal Mastercard credit cards including a Low Rate card (no annual fee, low 6-month introductory APR, 25-day grace period, car rental insurance) and a World/Preferred Points Rewards card (1 point per dollar up to 10,000 points/month, redeemable for cash-back, gift cards, travel, merchandise, with Mastercard World benefits).
• Business Mastercard Credit Cards Business Mastercard credit cards including a Standard card (no annual fee, individual and summary billing) and a Preferred Points Rewards card ($49 annual fee, 1 point per dollar up to 10,000 points/month, Mastercard BusinessCard benefits such as Car Rental Insurance, Global Service, and Mobile Receipt Management).
• Treasury Management An integrated suite of business cash management tools combining Remote Deposit, ACH, Positive Pay, Direct Deposit, Lockbox, Wire Transfers, and Merchant Services, designed to streamline payment processing, fraud protection, and receivables management for business customers.
• Mobile Banking (Consumer and Business) Fiserv-powered iOS and Android mobile banking applications for consumer and business customers, providing real-time account balances, transaction viewing, fund transfers, bill pay, mobile check deposit, card management, and real-time alerts, with digital wallet support for Apple Pay, Google Pay, and Samsung Pay.
• Online Banking (Personal and Business) Web-based personal and business online banking platforms with 256-bit SSL encryption, providing 24/7 access to balances, transaction history, fund transfers, bill pay, e-statements, and account management, with the business platform adding multi-account access and reporting.
• Convenience Services Banking convenience services including Visa debit cards, VoiceAccess telephone banking, ATM and night depository access, account research, cashier's checks, fax, notary service, photocopies, safe deposit boxes, and wire transfers.

Named customers1 record

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

Feature2 records

Partnerships

One partnership is on record.

• FiservcoreTechnology or IntegrationFiserv provides the mobile banking technology platform powering First State Bank of Texas mobile applications for both consumer and business customers. The Fiserv-powered app enables real-time account access, mobile deposit, bill payment, transfers, alerts, and card management.

Scale indicators3 records

Recent moves9 records

Expansion highlights6 records

Broad incumbents

• Texas Capital Bank: Texas-headquartered commercial bank focused on business banking, treasury, and lending — competes for the same commercial and treasury relationships in Texas, especially in the Houston metro where First State Bank of Texas is expanding.
• Cadence Bank: Mid-sized regional bank with Texas operations including commercial, treasury, and consumer banking — competing for the same SMB and consumer relationships in overlapping Texas geographies.
• Prosperity Bancshares: Large Texas-based banking holding company with significant Southeast Texas presence, offering full consumer, commercial, and treasury services — overlaps with First State Bank of Texas but operates at materially greater scale.
• First Financial Bank Texas (First Financial Bankshares): Larger Texas banking franchise with extensive branch coverage across Texas including Southeast Texas markets; offers comparable consumer, commercial, mortgage, and treasury products as part of a much broader multi-region portfolio.

Regional players

• Lone Star National Bank: Texas community bank with a Rio Grande Valley and broader Texas footprint — comparable community-bank positioning and product breadth but concentrated in a different Texas geography.

Direct peers

• Texas Bank and Trust Company: East Texas community bank offering personal, business, and agricultural lending with a regional branch network — comparable in community-bank positioning, agricultural lending focus, and Southeast Texas footprint.
• CommunityBank of Texas, N.A. Texas-chartered community bank with a Southeast Texas presence (Beaumont, Houston metro) offering comparable personal, business, mortgage, and treasury products — directly overlapping with First State Bank of Texas in geography and customer segments.
• Citizens State Bank: Texas community bank serving Southeast Texas with consumer and business banking, lending, and treasury services — closely matches First State Bank of Texas in size, footprint, and product breadth.
• VeraBank: Independent Texas community bank headquartered in Henderson, TX with branches across Southeast and East Texas offering consumer, business, and mortgage lending — directly comparable in product mix and regional community-bank model to First State Bank of Texas.

Others

• Allied Payment Network: Third-party bill pay and payments infrastructure provider integrated into First State Bank of Texas's online banking via PortalPay — not a direct competitor but an enabling ecosystem partner in the bank's tech stack.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/fsboftx
• LinkedInlinkedin.com/company/first-state-bank-of-texas
• Instagraminstagram.com/firststatebankoftexas

Revenue estimate

Valuation estimate

Number of profiles

Profiles19 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about First State Bank of Texas