FDIC Certificate #: 31470 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:State Bank (#10346) Federal Reserve ID: 481476 Date Established: January 01, 1964 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 7035 FDIC's unique #: 44304 Numeric code: 33 Regulator: OTS Insurance Fund Membership: Savings Association Insurance Fund (SAIF) FDIC Insured: Yes SAIF Insured: Yes Insured Savings Institution: Yes State Chartered: No Date of Deposit Insurance: March 18, 1965 Last Structure Change Effective Date: July 31, 2002 Last Structure Change Process Date: October 24, 2002 Last Data Update: October 24, 2002 Data Source Date: April 05, 2012
Location
Address: 2900 Texas Avenue, Bryan, TX 77801 County: Brazos 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 Metropolitan Statistical Area (MSA): Bryan-College Station, TX (#1260) Core Based Statistical Area (CBSA): College Station-Bryan, TX (#17780) CBSA Metro Statistical Area: College Station-Bryan, TX (#17780)
Financial Summary
Total assets: $81.0 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2001)
Dollar figures in thousands
45Total employees (full-time equivalent)
$81,967Total assets
$5,744Cash and due from depository institutions
$3,036Interest-bearing balances
$9,950Securities
$0Federal funds sold & reverse repurchase agreements
$61,717Net loans & leases
$314Loan loss allowance
$0Trading account assets
$1,949Bank premises and fixed assets
$289Other real estate owned
$88Goodwill and other intangibles
$0Life insurance assets
$2,230All other assets
$81,967Total liabilities and capital
$76,932Total liabilities
$75,788Total deposits
$70,700Interest-bearing deposits
$75,788Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$1,144All other liabilities
$5,035Total equity capital
$5,035Total bank equity capital
$5,035Perpetual preferred stock
$1Common stock
$2Surplus
$3,068Undivided profits
Memoranda
$1,964Noncurrent loans and leases
$4,284Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$290Earning assets
$0Long-term assets (5+ years)
$479Average Assets, year-to-date
$74,703Average Assets, quarterly
$0Volatile liabilities
$83,088Insider loans
$82,639FHLB advances
$8,978Loans and leases held for sale
$985Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$4,284Total unused commitments
$1,349Restructured Loans and leases
$314Derivatives
Income and Expense (December 31, 2001)
Dollar figures in thousands
$7,208Total interest income
$3,257Total interest expense
$3,951Net interest income
$357Provision for loan and lease losses
$459Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$459Additional noninterest income
$4,347Total noninterest expense
$2,158Salaries and employee benefits
$1,034Premises and equipment expense
$1,155Additional noninterest expense
-$294Pre-tax net operating income
$326Securities gains (losses)
$108Applicable income taxes
-$76Income before extraordinary items
$0Extraordinary gains - net
-$76Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$546Sale, conversion, retirement of capital stock, net
$447Net operating income
Performance and Condition Ratios (December 31, 2001)
Dollar figures in thousands
Performance Ratios (%, annualized)
9.57%Yield on earning assets
4.33%Cost of funding earning assets
5.25%Net interest margin
0.61%Noninterest income to earning assets
5.77%Noninterest expense to earning assets
-0.34%Net operating income to assets
-0.09%Return on assets (ROA)
0.04%Pretax return on assets
-1.44%Return on equity (ROE)
-9.88%Retained earnings to average equity (YTD only)
0.84%Net charge-offs to loans
65.38%Credit loss provision to net charge-offs
0.12%Efficiency ratio
98,571Assets per employee
1.82%Cash dividends to net income (YTD only)
Condition Ratios (%)
-588.16%Loss allowance to loans
0.51%Loss allowance to noncurrent loans
108.28%Noncurrent assets plus other real estate owned to assets
0.71%Noncurrent loans to loans
0.47%Net loans and leases to deposits
81.43%Net loans and leases to core deposits
92.38%Equity capital to assets
6.14%Core capital (leverage) ratio
6.13%Tier 1 risk-based capital ratio
9.10%Total risk-based capital ratio
Memoranda
$10Average assets
$83,088Average earning assets
$5,295Average equity
$75,280Average loans
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