· First State Bank was established on Jan. 1, 1910. Headquartered in Paint Rock, TX, it has assets in the amount of $93,746,000. Its customers are served from 2 locations. Deposits in First State Bank are insured by FDIC. First State Bank is a full-service bank. The bank accepts deposits, makes loans ( Commercial Mortgages, Commercial development, Farm and Ranch, Home Mortgages) and provides other services for the public.