Our News
For our latest news, visit us on Facebook, Twitter or Instagram.
March 2019

FSB&T welcomes new board members David Anderson and Carolyn Murphy.
David Anderson graduated from Tenaha High School in 1968 and from Baylor University in 1972 with a B.B.A. in Accounting. After completing his studies, Judge Anderson returned to Tenaha where he worked for his family’s sawmill, lumber, and timber operation, Anderson Mfg. Co, as general manager for over twenty years. During this time, he also obtained his Real Estate Brokerage license, became a certified EMT, and served as a Reserve Deputy in Shelby County for three years. In 2002, Judge Anderson was elected County Judge in Panola County and served in office for over twelve years. After completing three terms in 2015, Judge Anderson did not seek reelection but remained involved in his community. At present, he is an active member of the Carthage Volunteer Fire Department, Chairman of the Finance Committee and Sunday School teacher at Central Baptist Church, and a member of the Rotary Club and Panola County Chamber of Commerce. When Judge Anderson is not engaged in quality time with his wife, Elizabeth, three children and their spouses, and ten grandchildren, he enjoys traveling, martial arts training, and reading.
Carolyn P. Murphy is General Counsel and a Human Resources Officer with First State Bank and Trust Company. She is a 2007 graduate of Captain Shreve High School in Shreveport, Louisiana, 2011 magna cum laude graduate of Elon University with a B.A. in Human Services, and 2014 graduate of Mississippi College School of Law with a Juris Doctor. She is a member of the Texas Bar, Shreveport Bar, Junior League of Shreveport-Bossier, Shreveport-Bossier Tri Delta Alumnae Chapter, Panola College Foundation Board, and Broadmoor Baptist Church. She enjoys running marathons, reading historical fiction, and traveling. As a fourth generation member of the Board of Directors, Carolyn is appreciative for the opportunity to continue the legacy of her great-grandfather, B.F. Payne, founder of First State Bank and Trust Co., and serve the citizens inside and outside of Panola County.
January 2019
Jim Payne, Chairman of the Board and CEO of First State Bank and Trust Company, would like to announce the promotion of Mitch Davis to Assistant Vice President.
Mitch has been employed with First State Bank & Trust Company since 2015, working in the Loan Department as a Credit Analyst and a Loan Officer.
A native of Carthage, Mitch is a graduate of Carthage High School, Panola College, and Stephen F. Austin State University, graduating Magna Cum Laude with a Bachelor of Business Administration in General Business.
Mitch is an active member of the Carthage Volunteer Fire Department, Clayton Volunteer Fire Department, and Lions Club International. He and his wife, Morgan Davis, currently attend New Beginnings Baptist Church.
First State Bank and Trust Company welcomes Lisa Thomas as the new Convenience Bank Manager. Lisa was raised in Elysian Fields, where she graduated high school and began her banking career.
She brings with her 36 years of banking experience focused on personalized customer service. She has worked at every level of banking from teller to manager. She enjoys volunteering in her community and has served as Trustee for Elysian Fields ISD, and president of Harrison County United Way.
Lisa currently serves as treasurer for Elysian Fields Volunteer Fire Dept. and attends Cross Roads Baptist Church. She and her husband of 37 years, Jeff, currently live in Elysian Fields. They have two daughters, Lee Ann of Marshall, and Lydia of Bossier City.
December 2018

President: Gene Giles (40 years)
Officer and Mortgage Loan Processor: Tracy Hildebrand (20 years)
New Accounts Representative: Rosa Del Castillo (15 years)
Officer and Convenience Branch Manager: Becky Eubank (30 years)
Bookkeeping Associate: Francis Campa (5 years)
Maintenance and Hospitality: Diane Allen (10 years)
Convenience Branch Teller: Dauna Baisden (5 years)
Thank you to Convenience Branch Manager, Becky Eubank, for thirty years of dedicated service. Happy Retirement!
October 2018
FSBT’s CEO Jim Payne was inducted into the Carthage ISD Distinguished Alumni Hall of Fame at Carthage High School’s Homecoming Game on October 12. As a graduating member of the class of 1962, Jim has been a leader at FSB&T and the Panola community for over fifty years. Congratulations, Jim!
May 2018
.jpg)
January 2018
Jim Payne, Chairman of the Board and CEO of First State Bank and Trust, announces the promotion of IT Manager Kathy Porter to the position of IT Officer. Kathy has served in the IT department since 2006. Please join us in congratulating her on this achievement.
December 2017

Congratulations to First State Bank Officer and Assistant Auditor, Gwen Singleton, on her retirement! After thirty-three years of dedication to us, Gwen is moving on to spend time with family and friends. Thank you and best wishes, Gwen!
First State Bank & Trust presented tenure pins at the company Christmas party on December 7th. We thank these recipients for their years of service. (from L to R)
Jim Payne, CEO, Missy Atkerson- twenty years, Madeline Bledsoe- fifteen years, Sara Burns- fifteen years, Vickie Higgins- ten years, Valerie Ratley- ten years, Debbie Bellows- thirty years, Ronnette Cooke- twenty-five years, Lisa Chandler- fifteen years, Lisa Johnson- twenty years, Lynn Vincent- sixty years, and Melissa Edge- five years.
September 2017

August 2017
First State Bank and Trust’s Assistant Cashier, Debra McMillan, is retiring after thirty-three loyal years of service. We wish her well in her next life chapter.
May 2017

April 2017
First State Bank's former President and Chairman of the board, Milton Payne, was posthumously inducted into the Texas Bankers Hall of Fame last night at Sam Houston State University. His brother, present CEO and Chairman of the Board, Jim Payne, accepted the award on his behalf.
February 2017
Jim Payne, Chairman of the Board and CEO of First State Bank & Trust Company would like to announce the promotion of Melissa Edge to the position of Trust Officer.
Melissa joined First State Bank & Trust Company in January of 2012 and has served in the trust department since 2013. She holds a Bachelor of Business Administration in Finance from Stephen F. Austin State University. Melissa is a native of Fort Worth and moved to Carthage when she married her husband, Chad Edge. They have three children, Ashlyn, 18, Abi Grace, 13 and Landon, 4. Together, they stay very active supporting their children in various sports and currently attend First Baptist Church of Carthage.
December 2016
Janet Shrewsbury of Mission Carthage accepted a donation today for Christmas Blessings of Panola County from the Employees of First State Bank & Trust Company.
First State Bank & Trust presented tenure pins at the company Christmas party earlier in the month. We thank these recipients for their years of service. (from L to R)
Jim Payne- fifty years, Kim Sides- twenty years, Rhonda LaGrone- five years,Kevin Smith- twenty-five years, Kathy Porter- ten years, Christy Smith- fifteen years, Sue Bishop- forty years, Ginny Collins- five years, Brandi Reed- twenty years, Donna Hash- five years, & Marie Haynie- ten years.
First State Bank and the Murphy-Payne Charitable Trust "Back the Blue" with their donation of sixteen assault body armor for law enforcement officers in the Carthage Police Department and the Panola County Texas Sheriff's Office.
October 2016
First State Bank and Trust Co.celebrated and supported the educational pursuits of the Carthage ISD Education Foundation with a donation of $10,000 at the Foundation’s annual kick-off dinner on October 28. Our employees and Board of Directors believe in the education and growth of our local students!
June 2016
Chief Financial Officer Kevin Smith accepts a plaque of appreciation from Carthage ISD Superintendent Dr. Glenn Hambrick in recognition of the bank’s $10,000 contribution to the Carthage ISD Education Foundation.
Tenured Employees Acknowledged
Jim Payne is pictured with employees who were recognized in December 2015 during the Bank Christmas Party. Those recognized were: Welton Sanders, 60 years; Myrna Sullens, 45 years; Charlene Burns and Phyllis Harris, 30 years; Judy Davis, 20 years; Lori Huff, 15 years; Cheri Jamison, 15 years; Cody Cockerham, Janet Endsley, Mattie Stillwell, and Christy Whatley, 10 years; Melanie Scott and Chris Smith, 5 years. Congratulations to all.
National Assisted Living Week proclaimed
Frances Frasier is shown with Mayor Lynn Vincent accepting his proclamation on Monday, September, 14, declaring September 14 through September 19, 2015 as National Assisted Living Week.
Established by the National Council of Assisted Living in 1995, the National Assisted Living Week provides a unique opportunity for residents, families, staff, volunteers, and the surrounding community to come together to share with senior residents a variety of events and activities that show them how much their communities care for them.
Lynn Vincent is in charge of Public Relations at First State Bank and Trust Company.
(Photos courtesy of The Panola Watchman)
Mitch Davis joins the Loan Department at First State Bank and Trust Company
Jim Payne, Chairman of the Board and CEO of First State Bank andTrust Company, would like to announce the addition of MitchDavis to the Loan Department.
Mitch is a 2011graduate of Carthage High School, a 2013 graduate of Panola College and a 2015 graduate Stephen F. Austin State University. He graduated Magna Cum Laude and holds a Bachelor of Business Administration in General Business.
Some of his honors include receiving top GPA in the school of business, being inducted into the Beta Gamma Sigma business honors society, and he was also a founding father of the Pi Kappa Alpha Fraternity.
Mike Whiddon joins the Loan Department at First State Bank and Trust Company
Jim Payne, Chairman of the Board and CEO of First State Bank and Trust Company, would like to announce the addition of Mike Whiddon to the Loan Department. Mike joined First State Bank and Trust Company in July 2015.
He holds a Bachelor of Business Administration in General Business from Stephen F. Austin State University. Mike married Cristi Preston Whiddon. They have one child, Mason that is 11. Mike and his family currently attend First Baptist Church in Carthage. Mike is active in the community through the Tatum Lions Club and various youth sports leagues.
Ginny Collins promoted to BSA Officer at First State Bank and Trust Company
Jim Payne, Chairman of the Board and CEO of First State Bank and Trust Company, would like to announce the promotion of Ginny Collins to the position of BSA Officer.
Ginny is a 2009 graduate of Carthage High School and attended Panola College. She joined First State Bank and Trust Company in 2010 and served in the positions of bank teller and lead teller before moving to the BSA/Fraud department in 2013. In addition to her BSA duties, Ginny also assists customers with debit card fraud and other banking fraud.
Ginny and her husband, Craig Collins, live in the Woods Community with their five-month-old daughter, Reese. They are active members of Woods New Hope Baptist Church.
Jameson Ritter Employed as Controller at First State Bank and Trust Company
Jim Payne, Chairman of the Board and CEO of First State Bank & Trust Company, would like to announce the addition of Jameson Ritter as Controller.
Jameson is a 2002 graduate of Carthage High School and a 2006 graduate of Stephen F. Austin State University. He holds a Bachelor of Business Administration in Accounting and a Master of Professional Accountancy. Jameson is also a Texas Certified Public Accountant. After college, he moved to Tyler and worked as both a staff and senior accountant for Henry & Peters, P.C. Jameson spent his most recent six years as the plant controller for Tyson Foods in Carthage.
Jameson married Brin Duckworth Ritter. They have two children, Callen, 4, and Jace, 1. Jameson and his family currently attend Cedar Grove Baptist Church in Carthage.
Gene Giles promoted to President of First State Bank and Trust Company
First State Bank and Trust Company is pleased to announce the promotion of Gene Giles to President by the Board of Directors in March 2015.
Mr. Giles has been employed with First State Bank and Trust company since 1978. During his 37 year tenure, he has served in many positions, most recently as Senior Vice President and Chief Lending Officer.
A Panola County native, Mr. Giles was born to the late Charles Ross and Fay Cariker Giles of the Long Branch Community. He is a graduate of Carthage ISD, Panola College, and Stephen F. Austin State University where he received a BBA in Management.
Deeply rooted in the community, Mr. Giles has served with organizations such as Mission Carthage and the Salvation Army. He is Vice President of the Panola College Foundation and Vice President of the Panola College Alumni Association. He is an active member of the Carthage Volunteer Fire Department, National Volunteer Fire Council, State Firefighters' and Fire Marshals' Association of Texas, Texas Commission on Fire Protection, Panola County Chamber of Commerce, Panola County Cattlemen's Association, Lions Club International, and Central Baptist Church.
Mr. Giles married Brenda Sue Watson Giles in 1977. Mrs. Giles retired from Carthage ISD where she served as an educator for 37 years. Their two daughters and their husbands, Crista and Michael Black and Cara and Brian Morris, bring much joy into their lives, especially with grandchildren, Cameron, Connor, Landry, and Campbell.
Mr. Giles would like to thank the Board of Directors, employees, and customers of First State Bank and Trust Company for the support they have shown him over the years.
Carolyn Murphy joins First State Bank & Trust Company team Jim Payne and Carolyn Murphy
Jim Payne, Chairman of the Board and CEO of First State Bank & Trust Company, would like to announce the addition of Carolyn Payne Murphy as General Counsel.
Raised in Shreveport, Louisiana, Carolyn graduated with honors from Captain Shreve High School in 2007. In 2011, she graduated magna cum laude with a bachelor's degree in Human Services from Elon University in Elon, North Carolina. While there, she was named Isabella Cannon Leadership Fellow and served as President of the Delta Delta Delta Sorority. Most recently, she received her law degree from Mississippi College School of Law in May 2014, while serving as President of the Women's Student Bar Association. Carolyn is a member of the State Bar of Texas.
Carolyn's employment with the bank is one of professional and personal significance. She is the great-granddaughter of B.F. Payne, a founder of First State Bank & Trust Company, granddaughter of Mary Frances Payne and Foster Murphy, who currently serves on the Board of Directors, and daughter of David Murphy, Executive Vice President. Carolyn considers this as both a privilege and a blessing to serve the citizens of Panola County, while carrying on the tradition of her family. (Photo courtesy of The Panola Watchman)