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

This bank is inactive as of October 01, 1994

  • Brownfield State Bank in Brownfield, Texas (TX)
  • Show street view No street view available for this location

Brownfield State Bank - Overview

  • General
  • FDIC Certificate #: 24983
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: American State Bank (#16701)
    Federal Reserve ID: 47050
    Date Established: Febuary 17, 1984
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 17307
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: Febuary 17, 1984
    Last Structure Change Effective Date: October 01, 1994
    Last Structure Change Process Date: October 19, 1994
    Last Data Update: October 19, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 400 West Broadway, Brownfield, TX 79316
    County: Terry
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Lubbock
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
  • Financial Summary
  • Total assets: $57.6 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $30Total assets
  • $63,521Cash and due from depository institutions
  • $2,357Interest-bearing balances
  • $0Securities
  • $38,827Federal funds sold & reverse repurchase agreements
  • $6,250Net loans & leases
  • $14,306Loan loss allowance
  • $600Trading account assets
  • $0Bank premises and fixed assets
  • $569Other real estate owned
  • $0Goodwill and other intangibles
  • $1,212Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $63,521Total liabilities
  • $56,701Total deposits
  • $50,044Interest-bearing deposits
  • $42,125Deposits held in domestic offices
  • 50044.00%% insured (estimated)
  • $74Federal funds purchased & repurchase agreements
  • $6,457Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $200Total equity capital
  • $200Total bank equity capital
  • $6,820Perpetual preferred stock
  • $0Common stock
  • $1,000Surplus
  • $2,000Undivided profits
  • Memoranda
  • $3,820Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $10Income earned, not collected on loans
  • $335Earning assets
  • $59,383Long-term assets (5+ years)
  • $3,606Average Assets, year-to-date
  • $58,771Average Assets, quarterly
  • $59,335Volatile liabilities
  • $17,584Insider loans
  • $160FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $603Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $6,732Total risk weighted assets
  • $18,911Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $3,568Total interest expense
  • $1,201Net interest income
  • $2,367Provision for loan and lease losses
  • $113Total noninterest income
  • $531Fiduciary activities
  • $0Service charges on deposit accounts
  • $263Trading account gains & fees
  • $0Additional noninterest income
  • $268Total noninterest expense
  • $1,733Salaries and employee benefits
  • $966Premises and equipment expense
  • $276Additional noninterest expense
  • $491Pre-tax net operating income
  • $1,052Securities gains (losses)
  • $0Applicable income taxes
  • $305Income before extraordinary items
  • $747Extraordinary gains - net
  • -$6Net income attributable to bank
  • $741Net charge-offs
  • $83Cash dividends
  • $510Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 6.53%Cost of funding earning assets
  • 2.20%Net interest margin
  • 4.33%Noninterest income to earning assets
  • 0.97%Noninterest expense to earning assets
  • 3.17%Net operating income to assets
  • 1.27%Return on assets (ROA)
  • 1.26%Pretax return on assets
  • 1.78%Return on equity (ROE)
  • 11.26%Retained earnings to average equity (YTD only)
  • 3.51%Net charge-offs to loans
  • 0.62%Credit loss provision to net charge-offs
  • 136.14%Efficiency ratio
  • 59,800Assets per employee
  • 2.12%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 68.83%Loss allowance to loans
  • 4.03%Loss allowance to noncurrent loans
  • 6000.00%Noncurrent assets plus other real estate owned to assets
  • 0.02%Noncurrent loans to loans
  • 0.07%Net loans and leases to deposits
  • 28.59%Net loans and leases to core deposits
  • 36.76%Equity capital to assets
  • 10.74%Core capital (leverage) ratio
  • 11.25%Tier 1 risk-based capital ratio
  • 35.60%Total risk-based capital ratio
  • Memoranda
  • $37Average assets
  • $58,771Average earning assets
  • $6,582Average equity
  • $54,630Average loans

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