First State Bank in Russellville, Arkansas (AR)
Overview, Financial Summary, Detailed Financial Reports, Branches

First State Bank - Overview

  • General
  • FDIC Certificate #: 13632
    Status: Active
    Federal Reserve ID: 114840
    Bank Holding Company (Regulatory Top Holder): First State Banking Corp (RSSDID: 1096448, Location: Russellville, AR)
    Date Established: January 12, 1934
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Domestic: 5, Interstate: No)
    OTS Docket #: 10298
    FDIC's unique #: 8523
    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: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 12, 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: 3103 East Main Street, Russellville, AR 72802
    County: Pope
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Little Rock
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Western
    Core Based Statistical Area (CBSA): Russellville, AR (#40780)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $174.0 mil
    Equity capital: $20.4 mil
    Deposits held in domestic offices: $145.9 mil
    Return on assets (ROA): 0.69% ($1.2 mil)
    Quarterly return on assets: 0.75% ($1.3 mil)
    Return on Equity (ROE): 6.24% ($1.2 mil)
    Quarterly return on equity: 6.50% ($1.3 mil)
    Net income: $1.2 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 1.10% ($1,913.7 mil)
    Quarterly Pretax return on assets: 1.27% ($2,209.4 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
  • 50Total employees (full-time equivalent)
  • $173,972Total assets
  • $4,536Cash and due from depository institutions
  • $73Interest-bearing balances
  • $18,187Securities
  • $14,175Federal funds sold & reverse repurchase agreements
  • $122,459Net loans & leases
  • $2,473Loan loss allowance
  • $329Trading account assets
  • $6,122Bank premises and fixed assets
  • $983Other real estate owned
  • $0Goodwill and other intangibles
  • $173,972Life insurance assets
  • $7,181All other assets
  • $153,592Total liabilities and capital
  • $145,879Total liabilities
  • $105,942Total deposits
  • $145,879Interest-bearing deposits
  • $91Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $329Federal funds purchased & repurchase agreements
  • $7,045Trading liabilities
  • $0Other borrowed funds
  • $339Subordinated debt
  • $20,380All other liabilities
  • $20,380Total equity capital
  • $20,380Total bank equity capital
  • $0Perpetual preferred stock
  • $200Common stock
  • $17,230Surplus
  • $2,950Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $172Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4,772Income earned, not collected on loans
  • $16Earning assets
  • $684Long-term assets (5+ years)
  • $155,223Average Assets, year-to-date
  • $25,378Average Assets, quarterly
  • $179,795Volatile liabilities
  • $175,783Insider loans
  • $129,952FHLB advances
  • $173,461Loans and leases held for sale
  • $3,054Unused loan commitments
  • $3,054Tier 1 (core) risk-based capital
  • $19,771Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $18,965Restructured Loans and leases
  • $1,157Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $7,973Total interest income
  • $1,319Total interest expense
  • $6,654Net interest income
  • $480Provision for loan and lease losses
  • $901Total noninterest income
  • $0Fiduciary activities
  • $537Service charges on deposit accounts
  • $0Trading account gains & fees
  • $364Additional noninterest income
  • $5,134Total noninterest expense
  • $2,401Salaries and employee benefits
  • $694Premises and equipment expense
  • $2,039Additional noninterest expense
  • $1,941Pre-tax net operating income
  • $40Securities gains (losses)
  • $745Applicable income taxes
  • $1,236Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,236Net income attributable to bank
  • $0Net charge-offs
  • $1,236Cash dividends
  • $364Sale, conversion, retirement of capital stock, net
  • $620Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.99%Yield on earning assets
  • 0.83%Cost of funding earning assets
  • 4.16%Net interest margin
  • 0.56%Noninterest income to earning assets
  • 3.21%Noninterest expense to earning assets
  • 0.67%Net operating income to assets
  • 0.69%Return on assets (ROA)
  • 1.10%Pretax return on assets
  • 6.24%Return on equity (ROE)
  • 3.11%Retained earnings to average equity (YTD only)
  • 0.29%Net charge-offs to loans
  • 131.87%Credit loss provision to net charge-offs
  • 6.65%Efficiency ratio
  • 67,955Assets per employee
  • 3.48%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 50.16%Loss allowance to loans
  • 1.98%Loss allowance to noncurrent loans
  • 51.82%Noncurrent assets plus other real estate owned to assets
  • 3.31%Noncurrent loans to loans
  • 3.82%Net loans and leases to deposits
  • 83.95%Net loans and leases to core deposits
  • 87.95%Equity capital to assets
  • 11.71%Core capital (leverage) ratio
  • 11.40%Tier 1 risk-based capital ratio
  • 15.21%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $179,795Average earning assets
  • $19,823Average equity
  • $159,825Average loans

List of branches

  • 5 Arkansas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    08523First State Bank3103 East Main Street, Russellville, AR 72802January 12, 1934Full Service Brick and Mortar
    1229738Ola BranchFourche Avenue At Boles Street, Ola, AR 72853March 05, 1942Full Service Brick and Mortar
    2229739Russellville Branch501 West Main Street, Russellville, AR 72801March 11, 1999Full Service Brick and Mortar
    5433264West Main Branch3005 West Main, Russellville, AR 72801November 08, 2004Full Service Brick and Mortar
    6441475University Branch2002 North Arkansas, Russellville, AR 72801July 05, 2005Full Service Brick and Mortar

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