FDIC Certificate #: 11922 Status: Active Federal Reserve ID: 190563 Bank Holding Company (Regulatory Top Holder): First Live Oak Bancshares, Inc. (RSSDID: 2520575, Location: Three Rivers, TX) Date Established: August 12, 1914 WWW:http://www.fsbtr.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 7614 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: Other Specialized Lending < 1 Billion Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: June 15, 2010 Last Data Update: June 15, 2010 Data Source Date: April 05, 2012
Location
Address: 422 Dibrell Avenue, Three Rivers, TX 78071 County: Live Oak 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: $152.5 mil Equity capital: $13.1 mil Deposits held in domestic offices: $139.3 mil Return on assets (ROA): 0.90% ($1.4 mil) Quarterly return on assets: 0.30% ($0.5 mil) Return on Equity (ROE): 8.59% ($1.1 mil) Quarterly return on equity: 3.20% ($0.4 mil) Net income: $1.1 mil Quarterly Net income: $0.1 mil Pretax return on assets: 0.90% ($1,372.7 mil) Quarterly Pretax return on assets: 0.30% ($457.6 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
25Total employees (full-time equivalent)
$152,517Total assets
$75,761Cash and due from depository institutions
$74,114Interest-bearing balances
$35,124Securities
$0Federal funds sold & reverse repurchase agreements
$40,190Net loans & leases
$348Loan loss allowance
$0Trading account assets
$646Bank premises and fixed assets
$33Other real estate owned
$0Goodwill and other intangibles
$152,517Life insurance assets
$763All other assets
$139,406Total liabilities and capital
$139,275Total liabilities
$96,044Total deposits
$139,275Interest-bearing deposits
$74Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$131Subordinated debt
$13,111All other liabilities
$13,111Total equity capital
$13,111Total bank equity capital
$0Perpetual preferred stock
$474Common stock
$3,526Surplus
$9,111Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,368Income earned, not collected on loans
$0Earning assets
$442Long-term assets (5+ years)
$149,428Average Assets, year-to-date
$20,468Average Assets, quarterly
$124,082Volatile liabilities
$141,897Insider loans
$40,793FHLB advances
$143,313Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$12,207Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$5,990Restructured Loans and leases
$905Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$3,828Total interest income
$449Total interest expense
$3,379Net interest income
$186Provision for loan and lease losses
$604Total noninterest income
$0Fiduciary activities
$340Service charges on deposit accounts
$0Trading account gains & fees
$264Additional noninterest income
$2,681Total noninterest expense
$1,634Salaries and employee benefits
$303Premises and equipment expense
$744Additional noninterest expense
$1,116Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$1,116Income before extraordinary items
$0Extraordinary gains - net
$1,116Net income attributable to bank
$0Net charge-offs
$1,116Cash dividends
$22Sale, conversion, retirement of capital stock, net
$627Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
3.19%Yield on earning assets
0.37%Cost of funding earning assets
2.81%Net interest margin
0.50%Noninterest income to earning assets
2.23%Noninterest expense to earning assets
0.90%Net operating income to assets
0.90%Return on assets (ROA)
0.90%Pretax return on assets
8.59%Return on equity (ROE)
3.77%Retained earnings to average equity (YTD only)
0.05%Net charge-offs to loans
845.45%Credit loss provision to net charge-offs
59.18%Efficiency ratio
67,311Assets per employee
6.10%Cash dividends to net income (YTD only)
Condition Ratios (%)
56.18%Loss allowance to loans
0.86%Loss allowance to noncurrent loans
25.44%Noncurrent assets plus other real estate owned to assets
0.92%Noncurrent loans to loans
3.37%Net loans and leases to deposits
28.86%Net loans and leases to core deposits
34.35%Equity capital to assets
8.60%Core capital (leverage) ratio
8.52%Tier 1 risk-based capital ratio
29.92%Total risk-based capital ratio
Memoranda
$31Average assets
$124,082Average earning assets
$12,985Average equity
$120,079Average loans
List of branches
1 Texas Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
7614
First State Bank
422 Dibrell Avenue, Three Rivers, TX 78071
August 12, 1914
Full Service Brick and Mortar
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