401k Plan data: FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN plan

FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 401k Plan overview

Plan Name	FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN
Plan identification number	001

FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Participant-directed brokerage accounts provided as an investment option under the plan.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

FIRST STATE BANK - VALLIANT has sponsored the creation of one or more 401k plans.

Company Name: FIRST STATE BANK - VALLIANT

Employer identification number (EIN): 730237190

NAIC Classification: 522120
NAIC Description: Savings Institutions

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2023-01-01
001 2022-01-01
001 2021-01-01
001 2020-01-01
001 2019-01-01
001 2018-01-01 KELLEY THOMPSON
001 2017-01-01 KELLEY THOMPSON
001 2016-01-01 KELLEY THOMPSON
001 2015-01-01 KELLEY THOMPSON
001 2014-01-01 KELLEY THOMPSON
001 2014-01-01 KELLEY THOMPSON
001 2013-01-01 KELLEY THOMPSON
001 2012-01-01 CYNTHIA KENNEDY
001 2011-01-01 CYNTHIA KENNEDY
001 2009-01-01 BRYAN STAUTER BRYAN STAUTER 2010-06-07

Plan Statistics for FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN

401k plan membership statisitcs for FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN

Measure Date Value
2023: FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2023 401k membership
Total participants, beginning-of-year 2023-01-01 35
Total number of active participants reported on line 7a of the Form 5500 2023-01-01 25
Number of retired or separated participants receiving benefits 2023-01-01 3
Number of other retired or separated participants entitled to future benefits 2023-01-01 8
Total of all active and inactive participants 2023-01-01 36
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2023-01-01 0
Total participants 2023-01-01 36
Number of participants with account balances 2023-01-01 36
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2023-01-01 2
2022: FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 31
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 21
Number of retired or separated participants receiving benefits 2022-01-01 4
Number of other retired or separated participants entitled to future benefits 2022-01-01 10
Total of all active and inactive participants 2022-01-01 35
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 35
Number of participants with account balances 2022-01-01 35
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 3
2021: FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 30
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 20
Number of retired or separated participants receiving benefits 2021-01-01 2
Number of other retired or separated participants entitled to future benefits 2021-01-01 9
Total of all active and inactive participants 2021-01-01 31
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 31
Number of participants with account balances 2021-01-01 31
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 3
2020: FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 28
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 19
Number of retired or separated participants receiving benefits 2020-01-01 1
Number of other retired or separated participants entitled to future benefits 2020-01-01 10
Total of all active and inactive participants 2020-01-01 30
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 30
Number of participants with account balances 2020-01-01 30
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 2
2019: FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 20
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 23
Number of retired or separated participants receiving benefits 2019-01-01 1
Number of other retired or separated participants entitled to future benefits 2019-01-01 4
Total of all active and inactive participants 2019-01-01 28
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 28
Number of participants with account balances 2019-01-01 26
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0
2018: FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 28
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 15
Number of retired or separated participants receiving benefits 2018-01-01 5
Number of other retired or separated participants entitled to future benefits 2018-01-01 0
Total of all active and inactive participants 2018-01-01 20
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 20
Number of participants with account balances 2018-01-01 20
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 2
2017: FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 28
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 20
Number of retired or separated participants receiving benefits 2017-01-01 2
Number of other retired or separated participants entitled to future benefits 2017-01-01 6
Total of all active and inactive participants 2017-01-01 28
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 28
Number of participants with account balances 2017-01-01 28
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 2
2016: FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 25
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 16
Number of retired or separated participants receiving benefits 2016-01-01 2
Number of other retired or separated participants entitled to future benefits 2016-01-01 4
Total of all active and inactive participants 2016-01-01 22
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 22
Number of participants with account balances 2016-01-01 22
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 0
2015: FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 24
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 14
Number of retired or separated participants receiving benefits 2015-01-01 5
Number of other retired or separated participants entitled to future benefits 2015-01-01 5
Total of all active and inactive participants 2015-01-01 24
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 24
Number of participants with account balances 2015-01-01 24
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 0
2014: FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 25
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 15
Number of retired or separated participants receiving benefits 2014-01-01 1
Number of other retired or separated participants entitled to future benefits 2014-01-01 7
Total of all active and inactive participants 2014-01-01 23
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 23
Number of participants with account balances 2014-01-01 23
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 1
2013: FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 27
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 17
Number of retired or separated participants receiving benefits 2013-01-01 0
Number of other retired or separated participants entitled to future benefits 2013-01-01 8
Total of all active and inactive participants 2013-01-01 25
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 25
Number of participants with account balances 2013-01-01 25
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0
2012: FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 26
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 18
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 8
Total of all active and inactive participants 2012-01-01 26
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 26
Number of participants with account balances 2012-01-01 26
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0
2011: FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 26
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 21
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 5
Total of all active and inactive participants 2011-01-01 26
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 26
Number of participants with account balances 2011-01-01 0
2009: FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 25
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 23
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 1
Total of all active and inactive participants 2009-01-01 24
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 24
Number of participants with account balances 2009-01-01 22
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 1

Measure	Date	Value
2023: FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2023 401k membership
Total participants, beginning-of-year	2023-01-01	35
Total number of active participants reported on line 7a of the Form 5500	2023-01-01	25
Number of retired or separated participants receiving benefits	2023-01-01	3
Number of other retired or separated participants entitled to future benefits	2023-01-01	8
Total of all active and inactive participants	2023-01-01	36
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2023-01-01	0
Total participants	2023-01-01	36
Number of participants with account balances	2023-01-01	36
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2023-01-01	2
2022: FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	31
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	21
Number of retired or separated participants receiving benefits	2022-01-01	4
Number of other retired or separated participants entitled to future benefits	2022-01-01	10
Total of all active and inactive participants	2022-01-01	35
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	35
Number of participants with account balances	2022-01-01	35
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	3
2021: FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	30
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	20
Number of retired or separated participants receiving benefits	2021-01-01	2
Number of other retired or separated participants entitled to future benefits	2021-01-01	9
Total of all active and inactive participants	2021-01-01	31
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	31
Number of participants with account balances	2021-01-01	31
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	3
2020: FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	28
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	19
Number of retired or separated participants receiving benefits	2020-01-01	1
Number of other retired or separated participants entitled to future benefits	2020-01-01	10
Total of all active and inactive participants	2020-01-01	30
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	30
Number of participants with account balances	2020-01-01	30
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	2
2019: FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	20
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	23
Number of retired or separated participants receiving benefits	2019-01-01	1
Number of other retired or separated participants entitled to future benefits	2019-01-01	4
Total of all active and inactive participants	2019-01-01	28
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	28
Number of participants with account balances	2019-01-01	26
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0
2018: FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	28
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	15
Number of retired or separated participants receiving benefits	2018-01-01	5
Number of other retired or separated participants entitled to future benefits	2018-01-01	0
Total of all active and inactive participants	2018-01-01	20
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	20
Number of participants with account balances	2018-01-01	20
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	2
2017: FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	28
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	20
Number of retired or separated participants receiving benefits	2017-01-01	2
Number of other retired or separated participants entitled to future benefits	2017-01-01	6
Total of all active and inactive participants	2017-01-01	28
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	28
Number of participants with account balances	2017-01-01	28
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	2
2016: FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	25
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	16
Number of retired or separated participants receiving benefits	2016-01-01	2
Number of other retired or separated participants entitled to future benefits	2016-01-01	4
Total of all active and inactive participants	2016-01-01	22
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	22
Number of participants with account balances	2016-01-01	22
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	0
2015: FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	24
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	14
Number of retired or separated participants receiving benefits	2015-01-01	5
Number of other retired or separated participants entitled to future benefits	2015-01-01	5
Total of all active and inactive participants	2015-01-01	24
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	24
Number of participants with account balances	2015-01-01	24
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	0
2014: FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	25
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	15
Number of retired or separated participants receiving benefits	2014-01-01	1
Number of other retired or separated participants entitled to future benefits	2014-01-01	7
Total of all active and inactive participants	2014-01-01	23
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	23
Number of participants with account balances	2014-01-01	23
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	1
2013: FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	27
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	17
Number of retired or separated participants receiving benefits	2013-01-01	0
Number of other retired or separated participants entitled to future benefits	2013-01-01	8
Total of all active and inactive participants	2013-01-01	25
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	25
Number of participants with account balances	2013-01-01	25
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0
2012: FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	26
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	18
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	8
Total of all active and inactive participants	2012-01-01	26
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	26
Number of participants with account balances	2012-01-01	26
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0
2011: FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	26
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	21
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	5
Total of all active and inactive participants	2011-01-01	26
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	26
Number of participants with account balances	2011-01-01	0
2009: FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	25
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	23
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	1
Total of all active and inactive participants	2009-01-01	24
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	24
Number of participants with account balances	2009-01-01	22
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	1

Financial Data on FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN

Measure	Date	Value
2023 : FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2023 401k financial data
Total plan liabilities at end of year	2023-12-31	$0
Total plan liabilities at beginning of year	2023-12-31	$0
Total income from all sources	2023-12-31	$283,210
Expenses. Total of all expenses incurred	2023-12-31	$110,318
Benefits paid (including direct rollovers)	2023-12-31	$101,191
Total plan assets at end of year	2023-12-31	$1,484,320
Total plan assets at beginning of year	2023-12-31	$1,311,428
Value of fidelity bond covering the plan	2023-12-31	$1,600,000
Total contributions received or receivable from participants	2023-12-31	$43,287
Contributions received from other sources (not participants or employers)	2023-12-31	$0
Other income received	2023-12-31	$111,938
Net income (gross income less expenses)	2023-12-31	$172,892
Net plan assets at end of year (total assets less liabilities)	2023-12-31	$1,484,320
Net plan assets at beginning of year (total assets less liabilities)	2023-12-31	$1,311,428
Assets. Value of participant loans	2023-12-31	$0
Total contributions received or receivable from employer(s)	2023-12-31	$127,985
Value of certain deemed distributions of participant loans	2023-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2023-12-31	$9,127
2022 : FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2022 401k financial data
Total plan liabilities at end of year	2022-12-31	$0
Total plan liabilities at beginning of year	2022-12-31	$0
Total income from all sources	2022-12-31	$100,499
Expenses. Total of all expenses incurred	2022-12-31	$118,470
Benefits paid (including direct rollovers)	2022-12-31	$108,255
Total plan assets at end of year	2022-12-31	$1,311,428
Total plan assets at beginning of year	2022-12-31	$1,329,399
Value of fidelity bond covering the plan	2022-12-31	$1,600,000
Total contributions received or receivable from participants	2022-12-31	$35,693
Contributions received from other sources (not participants or employers)	2022-12-31	$70,376
Other income received	2022-12-31	$-115,570
Net income (gross income less expenses)	2022-12-31	$-17,971
Net plan assets at end of year (total assets less liabilities)	2022-12-31	$1,311,428
Net plan assets at beginning of year (total assets less liabilities)	2022-12-31	$1,329,399
Total contributions received or receivable from employer(s)	2022-12-31	$110,000
Value of certain deemed distributions of participant loans	2022-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2022-12-31	$10,215
2021 : FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2021 401k financial data
Total plan liabilities at end of year	2021-12-31	$0
Total plan liabilities at beginning of year	2021-12-31	$0
Total income from all sources	2021-12-31	$202,402
Expenses. Total of all expenses incurred	2021-12-31	$79,002
Benefits paid (including direct rollovers)	2021-12-31	$67,413
Total plan assets at end of year	2021-12-31	$1,329,399
Total plan assets at beginning of year	2021-12-31	$1,205,999
Value of fidelity bond covering the plan	2021-12-31	$1,600,000
Total contributions received or receivable from participants	2021-12-31	$28,285
Contributions received from other sources (not participants or employers)	2021-12-31	$0
Other income received	2021-12-31	$94,188
Net income (gross income less expenses)	2021-12-31	$123,400
Net plan assets at end of year (total assets less liabilities)	2021-12-31	$1,329,399
Net plan assets at beginning of year (total assets less liabilities)	2021-12-31	$1,205,999
Total contributions received or receivable from employer(s)	2021-12-31	$79,929
Value of certain deemed distributions of participant loans	2021-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2021-12-31	$11,589
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
2020 : FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2020 401k financial data
Total plan liabilities at end of year	2020-12-31	$0
Total plan liabilities at beginning of year	2020-12-31	$0
Total income from all sources	2020-12-31	$147,072
Expenses. Total of all expenses incurred	2020-12-31	$7,914
Benefits paid (including direct rollovers)	2020-12-31	$0
Total plan assets at end of year	2020-12-31	$1,205,999
Total plan assets at beginning of year	2020-12-31	$1,066,841
Value of fidelity bond covering the plan	2020-12-31	$160,000
Total contributions received or receivable from participants	2020-12-31	$25,648
Contributions received from other sources (not participants or employers)	2020-12-31	$0
Other income received	2020-12-31	$41,424
Net income (gross income less expenses)	2020-12-31	$139,158
Net plan assets at end of year (total assets less liabilities)	2020-12-31	$1,205,999
Net plan assets at beginning of year (total assets less liabilities)	2020-12-31	$1,066,841
Assets. Value of participant loans	2020-12-31	$0
Total contributions received or receivable from employer(s)	2020-12-31	$80,000
Value of certain deemed distributions of participant loans	2020-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2020-12-31	$7,914
2019 : FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2019 401k financial data
Total plan liabilities at end of year	2019-12-31	$0
Total plan liabilities at beginning of year	2019-12-31	$0
Total income from all sources	2019-12-31	$173,303
Expenses. Total of all expenses incurred	2019-12-31	$8,615
Benefits paid (including direct rollovers)	2019-12-31	$1,392
Total plan assets at end of year	2019-12-31	$1,066,841
Total plan assets at beginning of year	2019-12-31	$902,153
Value of fidelity bond covering the plan	2019-12-31	$160,000
Total contributions received or receivable from participants	2019-12-31	$22,476
Contributions received from other sources (not participants or employers)	2019-12-31	$0
Other income received	2019-12-31	$85,995
Net income (gross income less expenses)	2019-12-31	$164,688
Net plan assets at end of year (total assets less liabilities)	2019-12-31	$1,066,841
Net plan assets at beginning of year (total assets less liabilities)	2019-12-31	$902,153
Assets. Value of participant loans	2019-12-31	$22,064
Total contributions received or receivable from employer(s)	2019-12-31	$64,832
Value of certain deemed distributions of participant loans	2019-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2019-12-31	$7,223
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-31	$0
2018 : FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2018 401k financial data
Total plan liabilities at end of year	2018-12-31	$0
Total plan liabilities at beginning of year	2018-12-31	$0
Total income from all sources	2018-12-31	$63,786
Expenses. Total of all expenses incurred	2018-12-31	$1,288,688
Benefits paid (including direct rollovers)	2018-12-31	$1,281,652
Total plan assets at end of year	2018-12-31	$902,153
Total plan assets at beginning of year	2018-12-31	$2,127,055
Value of fidelity bond covering the plan	2018-12-31	$1,600,000
Total contributions received or receivable from participants	2018-12-31	$22,514
Contributions received from other sources (not participants or employers)	2018-12-31	$0
Other income received	2018-12-31	$-23,728
Net income (gross income less expenses)	2018-12-31	$-1,224,902
Net plan assets at end of year (total assets less liabilities)	2018-12-31	$902,153
Net plan assets at beginning of year (total assets less liabilities)	2018-12-31	$2,127,055
Assets. Value of participant loans	2018-12-31	$22,632
Total contributions received or receivable from employer(s)	2018-12-31	$65,000
Expenses. Administrative service providers (salaries,fees and commissions)	2018-12-31	$7,036
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0
2017 : FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2017 401k financial data
Total plan liabilities at end of year	2017-12-31	$0
Total plan liabilities at beginning of year	2017-12-31	$0
Total income from all sources	2017-12-31	$133,525
Expenses. Total of all expenses incurred	2017-12-31	$44,404
Benefits paid (including direct rollovers)	2017-12-31	$38,333
Total plan assets at end of year	2017-12-31	$2,127,055
Total plan assets at beginning of year	2017-12-31	$2,037,934
Value of fidelity bond covering the plan	2017-12-31	$1,600,000
Total contributions received or receivable from participants	2017-12-31	$19,011
Other income received	2017-12-31	$60,514
Net income (gross income less expenses)	2017-12-31	$89,121
Net plan assets at end of year (total assets less liabilities)	2017-12-31	$2,127,055
Net plan assets at beginning of year (total assets less liabilities)	2017-12-31	$2,037,934
Assets. Value of participant loans	2017-12-31	$23,694
Total contributions received or receivable from employer(s)	2017-12-31	$54,000
Expenses. Administrative service providers (salaries,fees and commissions)	2017-12-31	$6,071
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2017-12-31	$0
2016 : FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2016 401k financial data
Total plan liabilities at end of year	2016-12-31	$0
Total plan liabilities at beginning of year	2016-12-31	$0
Total income from all sources	2016-12-31	$182,638
Expenses. Total of all expenses incurred	2016-12-31	$739,462
Benefits paid (including direct rollovers)	2016-12-31	$727,557
Total plan assets at end of year	2016-12-31	$2,037,934
Total plan assets at beginning of year	2016-12-31	$2,594,758
Value of fidelity bond covering the plan	2016-12-31	$1,600,000
Total contributions received or receivable from participants	2016-12-31	$12,485
Other income received	2016-12-31	$120,714
Net income (gross income less expenses)	2016-12-31	$-556,824
Net plan assets at end of year (total assets less liabilities)	2016-12-31	$2,037,934
Net plan assets at beginning of year (total assets less liabilities)	2016-12-31	$2,594,758
Assets. Value of participant loans	2016-12-31	$25,525
Total contributions received or receivable from employer(s)	2016-12-31	$49,439
Expenses. Administrative service providers (salaries,fees and commissions)	2016-12-31	$11,905
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2016-12-31	$0
2015 : FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2015 401k financial data
Total plan liabilities at end of year	2015-12-31	$0
Total plan liabilities at beginning of year	2015-12-31	$0
Total income from all sources	2015-12-31	$-2,643
Expenses. Total of all expenses incurred	2015-12-31	$1,152,382
Benefits paid (including direct rollovers)	2015-12-31	$1,135,120
Total plan assets at end of year	2015-12-31	$2,594,758
Total plan assets at beginning of year	2015-12-31	$3,749,783
Value of fidelity bond covering the plan	2015-12-31	$1,600,000
Total contributions received or receivable from participants	2015-12-31	$9,899
Other income received	2015-12-31	$-62,342
Net income (gross income less expenses)	2015-12-31	$-1,155,025
Net plan assets at end of year (total assets less liabilities)	2015-12-31	$2,594,758
Net plan assets at beginning of year (total assets less liabilities)	2015-12-31	$3,749,783
Assets. Value of participant loans	2015-12-31	$16,137
Total contributions received or receivable from employer(s)	2015-12-31	$49,800
Expenses. Administrative service providers (salaries,fees and commissions)	2015-12-31	$17,262
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2015-12-31	$0
2014 : FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2014 401k financial data
Total plan liabilities at end of year	2014-12-31	$0
Total plan liabilities at beginning of year	2014-12-31	$0
Total income from all sources	2014-12-31	$124,682
Expenses. Total of all expenses incurred	2014-12-31	$302,960
Benefits paid (including direct rollovers)	2014-12-31	$279,197
Total plan assets at end of year	2014-12-31	$3,836,406
Total plan assets at beginning of year	2014-12-31	$4,014,684
Value of fidelity bond covering the plan	2014-12-31	$1,600,000
Total contributions received or receivable from participants	2014-12-31	$8,926
Other income received	2014-12-31	$49,756
Net income (gross income less expenses)	2014-12-31	$-178,278
Net plan assets at end of year (total assets less liabilities)	2014-12-31	$3,836,406
Net plan assets at beginning of year (total assets less liabilities)	2014-12-31	$4,014,684
Assets. Value of participant loans	2014-12-31	$22,187
Total contributions received or receivable from employer(s)	2014-12-31	$66,000
Expenses. Administrative service providers (salaries,fees and commissions)	2014-12-31	$23,763
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-12-31	$0
2013 : FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2013 401k financial data
Total plan liabilities at end of year	2013-12-31	$0
Total plan liabilities at beginning of year	2013-12-31	$0
Total income from all sources	2013-12-31	$109,296
Expenses. Total of all expenses incurred	2013-12-31	$72,770
Benefits paid (including direct rollovers)	2013-12-31	$72,770
Total plan assets at end of year	2013-12-31	$4,014,684
Total plan assets at beginning of year	2013-12-31	$3,978,158
Value of fidelity bond covering the plan	2013-12-31	$1,600,000
Total contributions received or receivable from participants	2013-12-31	$5,146
Other income received	2013-12-31	$17,585
Net income (gross income less expenses)	2013-12-31	$36,526
Net plan assets at end of year (total assets less liabilities)	2013-12-31	$4,014,684
Net plan assets at beginning of year (total assets less liabilities)	2013-12-31	$3,978,158
Assets. Value of participant loans	2013-12-31	$31,847
Total contributions received or receivable from employer(s)	2013-12-31	$86,565
Expenses. Administrative service providers (salaries,fees and commissions)	2013-12-31	$24,503
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-12-31	$0
2012 : FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2012 401k financial data
Total plan liabilities at end of year	2012-12-31	$0
Total plan liabilities at beginning of year	2012-12-31	$0
Total income from all sources	2012-12-31	$288,371
Expenses. Total of all expenses incurred	2012-12-31	$51,904
Benefits paid (including direct rollovers)	2012-12-31	$27,248
Total plan assets at end of year	2012-12-31	$3,978,158
Total plan assets at beginning of year	2012-12-31	$3,741,691
Value of fidelity bond covering the plan	2012-12-31	$1,600,000
Total contributions received or receivable from participants	2012-12-31	$7,212
Other income received	2012-12-31	$187,323
Net income (gross income less expenses)	2012-12-31	$236,467
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$3,978,158
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$3,741,691
Assets. Value of participant loans	2012-12-31	$41,425
Total contributions received or receivable from employer(s)	2012-12-31	$93,836
Expenses. Administrative service providers (salaries,fees and commissions)	2012-12-31	$24,656
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
2011 : FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2011 401k financial data
Total plan liabilities at end of year	2011-12-31	$0
Total plan liabilities at beginning of year	2011-12-31	$0
Total income from all sources	2011-12-31	$18,951
Expenses. Total of all expenses incurred	2011-12-31	$5,656
Benefits paid (including direct rollovers)	2011-12-31	$5,656
Total plan assets at end of year	2011-12-31	$3,742,343
Total plan assets at beginning of year	2011-12-31	$3,729,048
Value of fidelity bond covering the plan	2011-12-31	$1,600,000
Total contributions received or receivable from participants	2011-12-31	$6,826
Other income received	2011-12-31	$-47,628
Net income (gross income less expenses)	2011-12-31	$13,295
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$3,742,343
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$3,729,048
Assets. Value of participant loans	2011-12-31	$27,130
Total contributions received or receivable from employer(s)	2011-12-31	$59,753
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
2010 : FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2010 401k financial data
Total plan liabilities at end of year	2010-12-31	$0
Total plan liabilities at beginning of year	2010-12-31	$0
Total income from all sources	2010-12-31	$319,898
Expenses. Total of all expenses incurred	2010-12-31	$62,603
Total plan assets at end of year	2010-12-31	$3,729,048
Total plan assets at beginning of year	2010-12-31	$3,471,753
Value of fidelity bond covering the plan	2010-12-31	$200,000
Total contributions received or receivable from participants	2010-12-31	$64,684
Contributions received from other sources (not participants or employers)	2010-12-31	$1,512
Other income received	2010-12-31	$139,738
Net income (gross income less expenses)	2010-12-31	$257,295
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$3,729,048
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$3,471,753
Assets. Value of participant loans	2010-12-31	$29,640
Total contributions received or receivable from employer(s)	2010-12-31	$113,964
Value of certain deemed distributions of participant loans	2010-12-31	$62,603
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
2009 : FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN

2023: FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2023 form 5500 responses
2023-01-01	Type of plan entity	Single employer plan
2023-01-01	Plan funding arrangement – Trust	Yes
2023-01-01	Plan benefit arrangement - Trust	Yes
2022: FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Submission has been amended	No
2015-01-01	This submission is the final filing	No
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-01-01	Plan is a collectively bargained plan	No
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	Yes
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	Yes
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: FIRST STATE BANK EMPLOYEES PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	FIRST STATE BANK - VALLIANT
Employer identification number (EIN):	730237190
NAIC Classification:	522120
NAIC Description:	Savings Institutions