First Star Bank, S.S.B. in Bremond, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Star Bank, S.S.B. - Overview

  • General
  • FDIC Certificate #: 1176
    Status: Active
    Federal Reserve ID: 105053
    Bank Holding Company (Regulatory Top Holder): Southern Bancshares, Inc. (RSSDID: 1107184, Location: Houston, TX)
    Date Established: January 01, 1905
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    OTS Docket #: 16062
    FDIC's unique #: 806
    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: January 01, 1934
    Last Structure Change Effective Date: January 18, 2007
    Last Structure Change Process Date: January 25, 2007
    Last Data Update: January 25, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 109 Commerce Street, Bremond, TX 76629
    County: Robertson
    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
    Core Based Statistical Area (CBSA): College Station-Bryan, TX (#17780)
    CBSA Metro Statistical Area: College Station-Bryan, TX (#17780)
  • History of Changes
  • Name Change
  • Financial Summary
  • Total assets: $270.8 mil
    Equity capital: $20.1 mil
    Deposits held in domestic offices: $209.6 mil
    Return on assets (ROA): 1.42% ($3.8 mil)
    Quarterly return on assets: 1.31% ($3.6 mil)
    Return on Equity (ROE): 17.53% ($3.5 mil)
    Quarterly return on equity: 17.29% ($3.5 mil)
    Net income: $3.2 mil
    Quarterly Net income: $0.9 mil
    Pretax return on assets: 2.15% ($5,822.7 mil)
    Quarterly Pretax return on assets: 2.01% ($5,443.6 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
  • 48Total employees (full-time equivalent)
  • $270,824Total assets
  • $21,550Cash and due from depository institutions
  • $14,858Interest-bearing balances
  • $48,586Securities
  • $255Federal funds sold & reverse repurchase agreements
  • $188,860Net loans & leases
  • $1,096Loan loss allowance
  • $0Trading account assets
  • $6,568Bank premises and fixed assets
  • $1,100Other real estate owned
  • $0Goodwill and other intangibles
  • $270,824Life insurance assets
  • $3,905All other assets
  • $250,731Total liabilities and capital
  • $209,634Total liabilities
  • $176,664Total deposits
  • $209,634Interest-bearing deposits
  • $82Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $40,822Trading liabilities
  • $0Other borrowed funds
  • $275Subordinated debt
  • $20,093All other liabilities
  • $20,093Total equity capital
  • $20,093Total bank equity capital
  • $0Perpetual preferred stock
  • $300Common stock
  • $4,706Surplus
  • $15,087Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $117,288Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $384Income earned, not collected on loans
  • $0Earning assets
  • $1,057Long-term assets (5+ years)
  • $252,559Average Assets, year-to-date
  • $83,039Average Assets, quarterly
  • $224,096Volatile liabilities
  • $260,278Insider loans
  • $141,732FHLB advances
  • $242,392Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $20,154Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $4,011Restructured Loans and leases
  • $336Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $9,786Total interest income
  • $1,418Total interest expense
  • $8,368Net interest income
  • $25Provision for loan and lease losses
  • $1,538Total noninterest income
  • $0Fiduciary activities
  • $744Service charges on deposit accounts
  • $0Trading account gains & fees
  • $794Additional noninterest income
  • $6,240Total noninterest expense
  • $3,264Salaries and employee benefits
  • $973Premises and equipment expense
  • $2,003Additional noninterest expense
  • $3,641Pre-tax net operating income
  • $985Securities gains (losses)
  • $1,652Applicable income taxes
  • $2,974Income before extraordinary items
  • $201Extraordinary gains - net
  • $3,175Net income attributable to bank
  • $0Net charge-offs
  • $3,175Cash dividends
  • $122Sale, conversion, retirement of capital stock, net
  • $300Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.71%Yield on earning assets
  • 0.68%Cost of funding earning assets
  • 4.03%Net interest margin
  • 0.74%Noninterest income to earning assets
  • 3.00%Noninterest expense to earning assets
  • 1.05%Net operating income to assets
  • 1.42%Return on assets (ROA)
  • 2.15%Pretax return on assets
  • 17.53%Return on equity (ROE)
  • 15.87%Retained earnings to average equity (YTD only)
  • 0.09%Net charge-offs to loans
  • 20.49%Credit loss provision to net charge-offs
  • 30.05%Efficiency ratio
  • 62,992Assets per employee
  • 5.64%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 9.45%Loss allowance to loans
  • 0.58%Loss allowance to noncurrent loans
  • 285.42%Noncurrent assets plus other real estate owned to assets
  • 0.55%Noncurrent loans to loans
  • 0.20%Net loans and leases to deposits
  • 90.09%Net loans and leases to core deposits
  • 96.86%Equity capital to assets
  • 7.42%Core capital (leverage) ratio
  • 8.31%Tier 1 risk-based capital ratio
  • 14.22%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $224,096Average earning assets
  • $18,111Average equity
  • $207,899Average loans

List of branches

  • 4 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0806First Star Bank, S.S.b.109 Commerce Street, Bremond, TX 76629January 01, 1905Full Service Brick and Mortar
    18381Calvert Branch100 S Main Street, Calvert, TX 77837Febuary 27, 1927Full Service Brick and Mortar
    2187980Franklin BranchHwy 79, Franklin, TX 77856June 09, 1999Full Service Brick and Mortar
    3446148South Market Street Branch1308 South Market Street, Hearne, TX 77859December 05, 2005Full Service Brick and Mortar

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