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

Commercial State Bank - Overview

  • General
  • FDIC Certificate #: 17687
    Status: Active
    Federal Reserve ID: 361653
    Bank Holding Company (Regulatory Top Holder): Andrews Holding Company (RSSDID: 3075429, Location: Andrews, TX)
    Date Established: November 02, 1956
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 7 (Domestic: 7, Interstate: No)
    FDIC's unique #: 11650
    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: November 02, 1956
    Last Structure Change Effective Date: June 26, 2008
    Last Structure Change Process Date: August 25, 2008
    Last Data Update: August 25, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 200 South Main Street, Andrews, TX 79714
    County: Andrews
    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
    Core Based Statistical Area (CBSA): Andrews, TX (#11380)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Office Purchased
  • Financial Summary
  • Total assets: $419.3 mil
    Equity capital: $39.1 mil
    Deposits held in domestic offices: $379.7 mil
    Return on assets (ROA): 1.49% ($6.2 mil)
    Quarterly return on assets: 1.87% ($7.8 mil)
    Return on Equity (ROE): 16.67% ($6.5 mil)
    Quarterly return on equity: 20.24% ($7.9 mil)
    Net income: $6.1 mil
    Quarterly Net income: $1.9 mil
    Pretax return on assets: 1.49% ($6,248.3 mil)
    Quarterly Pretax return on assets: 1.87% ($7,841.8 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
  • 119Total employees (full-time equivalent)
  • $419,347Total assets
  • $30,728Cash and due from depository institutions
  • $16,603Interest-bearing balances
  • $35,120Securities
  • $64,274Federal funds sold & reverse repurchase agreements
  • $263,972Net loans & leases
  • $3,123Loan loss allowance
  • $0Trading account assets
  • $10,933Bank premises and fixed assets
  • $321Other real estate owned
  • $1,190Goodwill and other intangibles
  • $419,347Life insurance assets
  • $12,809All other assets
  • $380,289Total liabilities and capital
  • $379,692Total liabilities
  • $253,100Total deposits
  • $379,692Interest-bearing deposits
  • $88Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $597Subordinated debt
  • $39,058All other liabilities
  • $39,058Total equity capital
  • $39,058Total bank equity capital
  • $0Perpetual preferred stock
  • $256Common stock
  • $15,107Surplus
  • $23,695Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,208Income earned, not collected on loans
  • $0Earning assets
  • $1,919Long-term assets (5+ years)
  • $379,969Average Assets, year-to-date
  • $36,743Average Assets, quarterly
  • $407,319Volatile liabilities
  • $415,203Insider loans
  • $298,480FHLB advances
  • $414,415Loans and leases held for sale
  • $8,081Unused loan commitments
  • $6,323Tier 1 (core) risk-based capital
  • $37,316Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,758Total unused commitments
  • $44,387Restructured Loans and leases
  • $3,435Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $20,917Total interest income
  • $2,595Total interest expense
  • $18,322Net interest income
  • $1,500Provision for loan and lease losses
  • $2,478Total noninterest income
  • $0Fiduciary activities
  • $1,099Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,379Additional noninterest income
  • $13,221Total noninterest expense
  • $6,944Salaries and employee benefits
  • $941Premises and equipment expense
  • $5,336Additional noninterest expense
  • $6,079Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $6,079Income before extraordinary items
  • $0Extraordinary gains - net
  • $6,079Net income attributable to bank
  • $0Net charge-offs
  • $6,079Cash dividends
  • $889Sale, conversion, retirement of capital stock, net
  • $2,578Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.73%Yield on earning assets
  • 0.71%Cost of funding earning assets
  • 5.02%Net interest margin
  • 0.68%Noninterest income to earning assets
  • 3.62%Noninterest expense to earning assets
  • 1.49%Net operating income to assets
  • 1.49%Return on assets (ROA)
  • 1.49%Pretax return on assets
  • 16.67%Return on equity (ROE)
  • 9.60%Retained earnings to average equity (YTD only)
  • 0.34%Net charge-offs to loans
  • 168.73%Credit loss provision to net charge-offs
  • 8.53%Efficiency ratio
  • 63,563Assets per employee
  • 3.52%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 42.41%Loss allowance to loans
  • 1.17%Loss allowance to noncurrent loans
  • 141.44%Noncurrent assets plus other real estate owned to assets
  • 0.60%Noncurrent loans to loans
  • 0.83%Net loans and leases to deposits
  • 69.52%Net loans and leases to core deposits
  • 75.51%Equity capital to assets
  • 9.31%Core capital (leverage) ratio
  • 9.00%Tier 1 risk-based capital ratio
  • 12.50%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $407,319Average earning assets
  • $36,459Average equity
  • $365,140Average loans

List of branches

  • 7 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    011650Commercial State Bank200 South Main Street, Andrews, TX 79714November 02, 1956Full Service Brick and Mortar
    1364127Midland Branch407 N. Big Spring, Midland, TX 79701June 17, 2002Full Service Brick and Mortar
    2433020Odessa Branch2525 North Grandview, Odessa, TX 79761October 18, 2004Full Service Brick and Mortar
    3453954Seminole Branch505 North Main Street, Seminole, TX 79360July 17, 2006Full Service Brick and Mortar
    4469364Kermit Hwy Branch3018 Kermit Hwy, Odessa, TX 79764November 14, 2007Full Service Brick and Mortar
    5472622Csb - West Midland Branch4409 W. Wadley Ave., Midland, TX 79707Febuary 25, 2008Full Service Brick and Mortar
    6424616Lubbock Branch6533 82nd, Lubbock, TX 79423January 15, 2004Full Service Brick and Mortar

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