First Star Bank, S.S.B. in Bremond, Texas (TX)



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First Star Bank, S.S.B. routing number info

Table of contents:
First Star Bank, S.S.B.
GeneralFDIC 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
WWW: http://www.fsbbremond.com
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
LocationAddress: 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 ChangesName Change
Financial SummaryTotal 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)
Total employees (full-time equivalent)48
Total assets$270,824
Cash and due from depository institutions$21,550
Interest-bearing balances$14,858
Securities$48,586
Federal funds sold & reverse repurchase agreements$255
Net loans & leases$188,860
Loan loss allowance $1,096
Trading account assets$0
Bank premises and fixed assets$6,568
Other real estate owned$1,100
Goodwill and other intangibles$0
All other assets$3,905
Life insurance assets$270,824
Total liabilities and capital$250,731
Total liabilities$209,634
Total deposits$176,664
Interest-bearing deposits$209,634
Deposits held in domestic offices$82
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$40,822
Other borrowed funds $0
Subordinated debt $275
All other liabilities $20,093
Total equity capital$20,093
Total bank equity capital$20,093
Perpetual preferred stock$0
Common stock$300
Surplus$4,706
Undivided profits $15,087
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $117,288
Income earned, not collected on loans $384
Earning assets $0
Long-term assets (5+ years) $1,057
Average Assets, year-to-date $252,559
Average Assets, quarterly $83,039
Volatile liabilities $224,096
Insider loans $260,278
FHLB advances $141,732
Loans and leases held for sale $242,392
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $20,154
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $4,011
Derivatives$336
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $9,786
Total interest expense $1,418
Net interest income $8,368
Provision for loan and lease losses $25
Total noninterest income $1,538
Fiduciary activities $0
Service charges on deposit accounts $744
Trading account gains & fees $0
Additional noninterest income $794
Total noninterest expense $6,240
Salaries and employee benefits $3,264
Premises and equipment expense $973
Additional noninterest expense $2,003
Pre-tax net operating income $3,641
Securities gains (losses) $985
Applicable income taxes $1,652
Income before extraordinary items $2,974
Extraordinary gains - net $201
Net income attributable to bank $3,175
Net charge-offs $0
Cash dividends $3,175
Sale, conversion, retirement of capital stock, net $122
Net operating income $300
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.71%
Cost of funding earning assets 0.68%
Net interest margin 4.03%
Noninterest income to earning assets 0.74%
Noninterest expense to earning assets 3.00%
Net operating income to assets 1.05%
Return on assets (ROA) 1.42%
Pretax return on assets 2.15%
Return on equity (ROE) 17.53%
Retained earnings to average equity (YTD only) 15.87%
Net charge-offs to loans 0.09%
Credit loss provision to net charge-offs 20.49%
Efficiency ratio30.05%
Assets per employee$62,992
Cash dividends to net income (YTD only)5.64%
Condition Ratios (%)
Loss allowance to loans 9.45%
Loss allowance to noncurrent loans 0.58%
Noncurrent assets plus other real estate owned to assets 285.42%
Noncurrent loans to loans 0.55%
Net loans and leases to deposits0.20%
Net loans and leases to core deposits 90.09%
Equity capital to assets 96.86%
Core capital (leverage) ratio 7.42%
Tier 1 risk-based capital ratio 8.31%
Total risk-based capital ratio 14.22%
Memoranda
Average assets$15
Average earning assets$224,096
Average equity $18,111
Average loans $207,899
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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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