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. The Possum Kingdom Branch joined our banking family in December of 2000.
First State Bank has grown from a 'start up' with two employees to our current $150,000,000 asset size with thirty-one employees and four banking facilities. Our success has been due to professional and friendly employees who make banking a pleasant experience for our many customers.
Our current Board of Directors are Charles Gober, Jay Gober, Tot Richards, Barry T. Gober, and Jim Underwood.