First State Bank Altus carries the lowest rating possible from two seperate highly respected rating agencies.

First State Bank Altus receives ZERO rating

This rating can't be attributed to the economy for at least two reasons; the zero ratings came in June 2008, before the economy turned down; and 2) First National Bank Altus has a rating.

Compiled from financial data as reported to federal regulators

	Superior (These institutions are on BauerFinancial's Superior Bank & Thrift Report and the Recommended Bank & Thrift Report).
	Excellent (These institutions are also on BauerFinancial's Recommended Bank & Thrift Report.)
	Good
	Adequate
	Problematic
	Troubled
ZERO	Our lowest star rating

Download First State Bank Altus Bauer Financial ZERO ratings

Reference source  Bauer Financial

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First State Bank Altus receives E rating

Below is a link to download a copy of the rating given FSB Bancorp / First State Bank Altus rating provided by TheStreet.com

FSB Bancorp / First State Bank Altus was given an E or Very Weak rating. According to TheStreet.com, an E rating means the institution currently demonstrates what we consider to be significant weaknesses and has also failed some of the basic tests that we use to identify fiscal stability. Therefore, even in a favorable economic environment, it is our opinion that depositors or creditors could incur significant risks. TheStreet.com Ratings, Inc., All ratings explained below.

Download First State Bank Altus Street.com E rating

TheStreet.com rating scale

What Ratings Mean

A -- Excellent. The institution offers excellent financial security. It has maintained a conservative stance in its business operations as evidenced by its strong equity base, top-notch asset quality, steady earnings and high liquidity. While the financial position of any institution is subject to change, we believe that this institution has the resources necessary to deal with severe economic conditions.

B -- Good. The institution offers good financial security and has the resources to deal with a variety of adverse economic conditions. It comfortably exceeds the minimum levels for all of our rating criteria and is likely to remain healthy for the near future. Nevertheless, in the event of a severe recession or major financial crisis, we feel that this assessment should be reviewed to make sure that the institution is still maintaining adequate financial strength.

C -- Fair. The institution offers fair financial security, is currently stable and will likely remain relatively healthy as long as the economic environment avoids the extremes of inflation or deflation. In a prolonged period of adverse economic or financial conditions, however, we feel this institution may encounter difficulties in maintaining its financial stability.

D -- Weak. The institution currently demonstrates what we consider to be significant weaknesses which could negatively impact depositors or creditors. In an unfavorable economic environment, these weaknesses could be magnified.

E -- Very Weak. The institution currently demonstrates what we consider to be significant weaknesses and has also failed some of the basic tests that we use to identify fiscal stability. Therefore, even in a favorable economic environment, it is our opinion that depositors or creditors could incur significant risks.

F -- Failed. The institution has been placed under the custodianship of regulatory authorities. This implies that it will be either liquidated or taken over by another financial institution.

+ -- The plus sign is an indication that the institution is at the upper end of the letter grade rating.

- -- The minus sign is an indication that the institution is at the lower end of the letter grade rating.

U -- Unrated Institutions. The institution is unrated due to insufficient data at the time its rating was updated.