American State Bank in Arp, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • American State Bank in Arp, Texas (TX)
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American State Bank - Overview

  • General
  • FDIC Certificate #: 9967
    Status: Active
    Federal Reserve ID: 262358
    Bank Holding Company (Regulatory Top Holder): Steele Holdings, Inc. (RSSDID: 4136046, Location: Tyler, TX)
    Date Established: August 01, 1911
    WWW: http://www.asbtx.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    FDIC's unique #: 6370
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 29, 2011
    Last Structure Change Process Date: September 26, 2011
    Last Data Update: September 26, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 102 W Front, Arp, TX 75750
    County: Smith
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Dallas
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Tyler, TX (#8640)
    Combined Statistical Area (CSA): Tyler-Jacksonville, TX (#540)
    Core Based Statistical Area (CBSA): Tyler, TX (#46340)
    CBSA Metro Statistical Area: Tyler, TX (#46340)
  • History of Changes
  • Name Change
  • Financial Summary
  • Total assets: $207.5 mil
    Equity capital: $38.0 mil
    Deposits held in domestic offices: $157.3 mil
    Return on assets (ROA): 1.74% ($3.6 mil)
    Quarterly return on assets: 0.74% ($1.5 mil)
    Return on Equity (ROE): 12.34% ($4.7 mil)
    Quarterly return on equity: 3.96% ($1.5 mil)
    Net income: $4.0 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 1.74% ($3,610.4 mil)
    Quarterly Pretax return on assets: 0.74% ($1,535.5 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 53Total employees (full-time equivalent)
  • $207,494Total assets
  • $16,399Cash and due from depository institutions
  • $8,911Interest-bearing balances
  • $26,484Securities
  • $19,108Federal funds sold & reverse repurchase agreements
  • $120,845Net loans & leases
  • $1,369Loan loss allowance
  • $0Trading account assets
  • $10,962Bank premises and fixed assets
  • $3,420Other real estate owned
  • $4,921Goodwill and other intangibles
  • $207,494Life insurance assets
  • $5,355All other assets
  • $169,456Total liabilities and capital
  • $157,314Total liabilities
  • $126,618Total deposits
  • $157,314Interest-bearing deposits
  • $79Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $12,000Trading liabilities
  • $0Other borrowed funds
  • $142Subordinated debt
  • $38,038All other liabilities
  • $38,038Total equity capital
  • $38,038Total bank equity capital
  • $0Perpetual preferred stock
  • $400Common stock
  • $27,881Surplus
  • $9,757Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $421Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,534Income earned, not collected on loans
  • $0Earning assets
  • $967Long-term assets (5+ years)
  • $175,348Average Assets, year-to-date
  • $43,036Average Assets, quarterly
  • $227,780Volatile liabilities
  • $207,662Insider loans
  • $142,248FHLB advances
  • $202,234Loans and leases held for sale
  • $1,767Unused loan commitments
  • $1,767Tier 1 (core) risk-based capital
  • $32,996Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $3,724Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $8,671Total interest income
  • $1,769Total interest expense
  • $6,902Net interest income
  • $160Provision for loan and lease losses
  • $4,498Total noninterest income
  • $0Fiduciary activities
  • $788Service charges on deposit accounts
  • $0Trading account gains & fees
  • $3,710Additional noninterest income
  • $7,279Total noninterest expense
  • $3,981Salaries and employee benefits
  • $804Premises and equipment expense
  • $2,494Additional noninterest expense
  • $3,961Pre-tax net operating income
  • $3Securities gains (losses)
  • $0Applicable income taxes
  • $3,964Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,964Net income attributable to bank
  • $0Net charge-offs
  • $3,964Cash dividends
  • $88Sale, conversion, retirement of capital stock, net
  • $2,372Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.33%Yield on earning assets
  • 0.88%Cost of funding earning assets
  • 3.45%Net interest margin
  • 2.25%Noninterest income to earning assets
  • 3.64%Noninterest expense to earning assets
  • 1.74%Net operating income to assets
  • 1.74%Return on assets (ROA)
  • 1.74%Pretax return on assets
  • 12.34%Return on equity (ROE)
  • 4.96%Retained earnings to average equity (YTD only)
  • 0.06%Net charge-offs to loans
  • 181.82%Credit loss provision to net charge-offs
  • 46.83%Efficiency ratio
  • 63,851Assets per employee
  • 3.91%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 59.84%Loss allowance to loans
  • 1.12%Loss allowance to noncurrent loans
  • 54.03%Noncurrent assets plus other real estate owned to assets
  • 2.87%Noncurrent loans to loans
  • 2.07%Net loans and leases to deposits
  • 76.82%Net loans and leases to core deposits
  • 83.28%Equity capital to assets
  • 18.33%Core capital (leverage) ratio
  • 16.32%Tier 1 risk-based capital ratio
  • 23.20%Total risk-based capital ratio
  • Memoranda
  • $24Average assets
  • $227,780Average earning assets
  • $32,128Average equity
  • $200,087Average loans

List of branches

  • 4 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    06370American State Bank102 W Front, Arp, TX 75750August 01, 1911Full Service Brick and Mortar
    1221629Chapel Hill Branch12300 State Highway 64 East, Tyler, TX 75707August 08, 1988Full Service Brick and Mortar
    2221630South Fleishel Branch734 South Fleishel, Tyler, TX 75701November 09, 1998Full Service Brick and Mortar
    4492555South Tyler Branch5202 Old Jacksonville Highway, Tyler, TX 75703March 02, 2009Full Service Brick and Mortar

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