Bank · FDIC insured
First State Bank
A $1.3B bank headquartered in Eastpointe, MI, with 11 branches in Michigan. Best rates: CDs 4.10% and savings 3.00% APY.
First State Bank Carrot Score
63
Carrot Score
Higher than 10% of U.S. banks and credit unions
#70 of 75 in Detroit, MI metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About First State Bank
Founded in 1917 as Halfway State Bank in the village of Halfway, First State Bank remains a locally owned institution.
Renamed First State Bank in 1929 and based in St. Clair Shores, Michigan, the bank operates branches across Macomb and Oakland Counties.
- Headquarters
- 16100 E 9 Mile Rd, Eastpointe, MI 48021
- FDIC certificate
- 15032 ↗
Branches
11 branches in Michigan
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Michigan
11 branches
- First State BankMain office16100 E 9 Mile Rd, Eastpointe, MI 48021Directions
- Chesterfield Township Branch53950 Gratiot Ave, Chesterfield, MI 48051Directions
- Clinton Branch44990 N Groesbeck Hwy, Clinton Township, MI 48036Directions
- Hayes Clinton Township Branch41240 Hayes Rd, Clinton Township, MI 48038Directions
- Macomb Branch53050 Romeo Plank Rd, Macomb, MI 48042Directions
- Richmond Branch67225 Gratiot Ave, Richmond, MI 48062Directions
- Rochester Branch1575 S Rochester Rd, Rochester Hills, MI 48307Directions
- Harper Branch24335 Harper Ave, St. Clair Shores, MI 48080Directions
- Mack Branch23600 Greater Mack Ave, St. Clair Shores, MI 48080Directions
- Sterling Heights 19 Mile Road Branch2032 19 Mile Rd, Sterling Heights, MI 48314Directions
- Washinton Twp Office Branch11555 26 Mile Rd, Washington Township, MI 48094Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 10.01% | 10.49% | 11.89% or more |
| Troubled loansNoncurrent | 0.81% | 0.52% | 0.23% or less |
| ProfitabilityReturn on assets | 1.24% | 1.25% | 1.62% or more |
| LendingLoans per $100 deposited | $87 | $88 | — |
- CapitalLeverage ratio10.01%Peers’ middle 10.49% · Top 25% 11.89%+
- Troubled loansNoncurrent0.81%Peers’ middle 0.52% · Top 25% ≤0.23%
- ProfitabilityReturn on assets1.24%Peers’ middle 1.25% · Top 25% 1.62%+
- LendingLoans per $100 deposited$87Peers’ middle $88
Compared with the 897 banks with $1 billion to $10 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of First State Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.