Fayette Savings Bank, SSB in La Grange, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches


Fayette Savings Bank, SSB - Overview

  • General
  • FDIC Certificate #: 31936
    Status: Active
    Federal Reserve ID: 675079
    Date Established: January 01, 1976
    WWW: http://www.fayettesavings.com
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    OTS Docket #: 7624
    FDIC's unique #: 44770
    Numeric code: 41
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: August 29, 1978
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 111 East Travis, La Grange, TX 78945
    County: Fayette
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Austin
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $84.3 mil
    Equity capital: $7.0 mil
    Deposits held in domestic offices: $76.8 mil
    Return on assets (ROA): 0.86% ($0.7 mil)
    Quarterly return on assets: 0.80% ($0.7 mil)
    Return on Equity (ROE): 10.73% ($0.8 mil)
    Quarterly return on equity: 9.95% ($0.7 mil)
    Net income: $0.7 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 1.19% ($1,003.4 mil)
    Quarterly Pretax return on assets: 1.13% ($952.8 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
  • 26Total employees (full-time equivalent)
  • $84,320Total assets
  • $12,493Cash and due from depository institutions
  • $11,455Interest-bearing balances
  • $27,480Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $41,993Net loans & leases
  • $495Loan loss allowance
  • $0Trading account assets
  • $1,575Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $84,320Life insurance assets
  • $779All other assets
  • $77,327Total liabilities and capital
  • $76,834Total liabilities
  • $69,523Total deposits
  • $76,834Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $493Subordinated debt
  • $6,993All other liabilities
  • $6,993Total equity capital
  • $6,993Total bank equity capital
  • $0Perpetual preferred stock
  • $1,173Common stock
  • $1,807Surplus
  • $4,013Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $245Income earned, not collected on loans
  • $0Earning assets
  • $331Long-term assets (5+ years)
  • $80,928Average Assets, year-to-date
  • $35,403Average Assets, quarterly
  • $84,056Volatile liabilities
  • $86,183Insider loans
  • $40,765FHLB advances
  • $87,087Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $6,705Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $699Restructured Loans and leases
  • $725Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,546Total interest income
  • $577Total interest expense
  • $2,969Net interest income
  • $0Provision for loan and lease losses
  • $163Total noninterest income
  • $0Fiduciary activities
  • $152Service charges on deposit accounts
  • $0Trading account gains & fees
  • $11Additional noninterest income
  • $2,237Total noninterest expense
  • $1,309Salaries and employee benefits
  • $262Premises and equipment expense
  • $666Additional noninterest expense
  • $895Pre-tax net operating income
  • $107Securities gains (losses)
  • $283Applicable income taxes
  • $719Income before extraordinary items
  • $0Extraordinary gains - net
  • $719Net income attributable to bank
  • $0Net charge-offs
  • $719Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $293Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.42%Yield on earning assets
  • 0.72%Cost of funding earning assets
  • 3.70%Net interest margin
  • 0.20%Noninterest income to earning assets
  • 2.79%Noninterest expense to earning assets
  • 0.76%Net operating income to assets
  • 0.86%Return on assets (ROA)
  • 1.19%Pretax return on assets
  • 10.73%Return on equity (ROE)
  • 6.36%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 71,424Assets per employee
  • 3.24%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 40.75%Loss allowance to loans
  • 1.17%Loss allowance to noncurrent loans
  • 202.04%Noncurrent assets plus other real estate owned to assets
  • 0.29%Noncurrent loans to loans
  • 0.58%Net loans and leases to deposits
  • 54.65%Net loans and leases to core deposits
  • 55.21%Equity capital to assets
  • 8.29%Core capital (leverage) ratio
  • 7.70%Tier 1 risk-based capital ratio
  • 16.45%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $84,056Average earning assets
  • $6,698Average equity
  • $80,276Average loans

List of branches

  • 4 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    044770Fayette Savings Bank, Ssb111 East Travis, La Grange, TX 78945January 01, 1976Full Service Brick and Mortar
    102286265105 N Lagrange Branch105 N La Grange St, Flatonia, TX 78941January 01, 1976Full Service Brick and Mortar
    1032862662001 Hwy 71s Branch2001 Hwy 71 South, Columbus, TX 78934June 30, 1985Full Service Brick and Mortar
    104286267501 Summit Branch501 Summit, Schulenburg, TX 78956June 30, 1985Full Service Brick and Mortar

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