Street view of the First State Bank of Graham on a beautiful sunny day.
Chartered in 1983, First State Bank opened for business on May 26 in Woodson, Texas. The first officers of the bank were Jay Gober, President, and Bobbie Parker as Cashier. The first directors of the bank were Bobby Joe Davis, B.W. Dickie, Jay Gober, Charles Gober, Don Owen, and George Harvick.
In September of 1990, First State Bank opened its second location in Throckmorton, Texas and in May of 1991 opened its new facility in Graham, Texas which would become the main bank with the Throckmorton and Woodson banks becoming branches. We added banking offices in Archer City, Olney, and Jacksboro.
First State Bank has grown from a ‘start up’ with two employees to our current $249,000,000 asset size with forty-two employees and seven banking facilities. Our success has been due to professional and friendly employees who make banking a pleasant experience for our many customers.
Cash and due from bank | $69,962,000 |
Investments | $53,045,000 |
Federal Funds Sold | $0 |
Loans (Net) | $116,351,000 |
Other Assets | $9,321,000 |
TOTAL ASSETS | $248,679,000 |
Total Deposits | $225,130,000 |
Federal Funds Purchased | $0 |
FHLB Advances | $7,773,000 |
Other Liabilities | $1,679,000 |
Total Liabilities | $234,582,000 |
Common Stocks | $413,000 |
Surplus | $7,988,000 |
Undivided Profits | $13,585,000 |
Total Stockholders Equity | $14,097,000 |
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY | $248,679,000 |
OFFICERS | TITLE |
Jay M. Gober | Chairman of the Board |
Barry Gober | Chief Executive Officer and President |
Steve Holt | Chief Financial Officer |
Robin Cook | Senior Vice President / Compliance Officer |
Brant Lundgren | Senior Vice President |
David Rater | Senior Vice President |
Jennifer Zavadil | Operations Manager |
Brigette Carruthers | Vice President |
Darren Helm | Vice President |
Lauren Mahaney | Vice President |
David Parkey | Vice President |
Junior Stackhouse | Vice President |
Rosie Hayhurst | Assistant VP |
McCall Maddox | Assistant VP |
Wendee Putman | New Accounts Officer |
DIRECTORS | TITLE |
Jay M. Gober | Chairman |
Brady Ash | Director |
Randy Cantin | Director |
David Crombie | Director |
Barry T. Gober | Director |
Annette Harper | Director |
Steve Holt | Director |
Jack Little | Director |
Bob Maddox | Director |