First State Bank in Yoakum, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches


First State Bank - Overview

  • General
  • FDIC Certificate #: 10709
    Status: Active
    Federal Reserve ID: 564463
    Bank Holding Company (Regulatory Top Holder): First State Bancshares Of Yoakum, Inc. (RSSDID: 1107812, Location: Yoakum, TX)
    Date Established: January 01, 1931
    WWW: http://www.ourhometownbank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 6869
    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: All Other Specialization < 1 Billion
    Date of Deposit Insurance: January 01, 1934
    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: 406 West Grand Avenue, Yoakum, TX 77995
    County: De Witt
    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: $140.2 mil
    Equity capital: $16.7 mil
    Deposits held in domestic offices: $121.9 mil
    Return on assets (ROA): 1.59% ($2.2 mil)
    Quarterly return on assets: 1.37% ($1.9 mil)
    Return on Equity (ROE): 13.30% ($2.3 mil)
    Quarterly return on equity: 11.34% ($1.9 mil)
    Net income: $2.1 mil
    Quarterly Net income: $0.5 mil
    Pretax return on assets: 1.59% ($2,229.4 mil)
    Quarterly Pretax return on assets: 1.37% ($1,920.9 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
  • 33Total employees (full-time equivalent)
  • $140,215Total assets
  • $22,566Cash and due from depository institutions
  • $18,487Interest-bearing balances
  • $52,533Securities
  • $25Federal funds sold & reverse repurchase agreements
  • $57,072Net loans & leases
  • $725Loan loss allowance
  • $0Trading account assets
  • $2,681Bank premises and fixed assets
  • $99Other real estate owned
  • $22Goodwill and other intangibles
  • $140,215Life insurance assets
  • $5,217All other assets
  • $123,561Total liabilities and capital
  • $121,852Total liabilities
  • $97,321Total deposits
  • $121,852Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,709Subordinated debt
  • $16,654All other liabilities
  • $16,654Total equity capital
  • $16,654Total bank equity capital
  • $0Perpetual preferred stock
  • $400Common stock
  • $5,600Surplus
  • $10,654Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $199Income earned, not collected on loans
  • $17Earning assets
  • $741Long-term assets (5+ years)
  • $128,117Average Assets, year-to-date
  • $49,655Average Assets, quarterly
  • $132,649Volatile liabilities
  • $138,999Insider loans
  • $68,528FHLB advances
  • $139,342Loans and leases held for sale
  • $3,496Unused loan commitments
  • $3,496Tier 1 (core) risk-based capital
  • $14,625Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $8,447Restructured Loans and leases
  • $3,154Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,497Total interest income
  • $999Total interest expense
  • $4,498Net interest income
  • $140Provision for loan and lease losses
  • $897Total noninterest income
  • $0Fiduciary activities
  • $510Service charges on deposit accounts
  • $0Trading account gains & fees
  • $387Additional noninterest income
  • $3,176Total noninterest expense
  • $1,746Salaries and employee benefits
  • $381Premises and equipment expense
  • $1,049Additional noninterest expense
  • $2,079Pre-tax net operating income
  • $31Securities gains (losses)
  • $0Applicable income taxes
  • $2,110Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,110Net income attributable to bank
  • $0Net charge-offs
  • $2,110Cash dividends
  • $41Sale, conversion, retirement of capital stock, net
  • $1,410Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.55%Yield on earning assets
  • 0.83%Cost of funding earning assets
  • 3.72%Net interest margin
  • 0.74%Noninterest income to earning assets
  • 2.63%Noninterest expense to earning assets
  • 1.57%Net operating income to assets
  • 1.59%Return on assets (ROA)
  • 1.59%Pretax return on assets
  • 13.30%Return on equity (ROE)
  • 4.41%Retained earnings to average equity (YTD only)
  • 0.07%Net charge-offs to loans
  • 341.46%Credit loss provision to net charge-offs
  • 54.12%Efficiency ratio
  • 58,072Assets per employee
  • 4.25%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 66.82%Loss allowance to loans
  • 1.25%Loss allowance to noncurrent loans
  • 364.32%Noncurrent assets plus other real estate owned to assets
  • 0.21%Noncurrent loans to loans
  • 0.34%Net loans and leases to deposits
  • 46.84%Net loans and leases to core deposits
  • 47.23%Equity capital to assets
  • 11.88%Core capital (leverage) ratio
  • 10.50%Tier 1 risk-based capital ratio
  • 21.34%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $132,649Average earning assets
  • $15,865Average equity
  • $120,902Average loans

List of branches

  • 2 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    06869First State Bank406 West Grand Avenue, Yoakum, TX 77995January 01, 1931Full Service Brick and Mortar
    1286520Moulton Branch201 N.Lavaca Street, Moulton, TX 77975January 01, 1976Full Service Brick and Mortar

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