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

First State Bank - Overview

  • General
  • FDIC Certificate #: 15206
    Status: Active
    Federal Reserve ID: 264455
    Bank Holding Company (Regulatory Top Holder): Jane Austin Chapman Limited Partnership, L.P. (RSSDID: 3072660, Location: Frankston, TX)
    Date Established: May 01, 1935
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 6 (Domestic: 6, Interstate: No)
    FDIC's unique #: 9566
    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: All Other Specialization < 1 Billion
    Date of Deposit Insurance: June 28, 1935
    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: 130 East Corsicana Street, Athens, TX 75751
    County: Henderson
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Dallas
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Dallas, TX (#1920)
    Consolidated Metropolitan Statistical Area (CMSA): Dallas-Fort Worth, TX (#31)
    Combined Statistical Area (CSA): Dallas-Fort Worth, TX (#206)
    Core Based Statistical Area (CBSA): Athens, TX (#11980)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $334.5 mil
    Equity capital: $37.0 mil
    Deposits held in domestic offices: $296.0 mil
    Return on assets (ROA): 1.22% ($4.1 mil)
    Quarterly return on assets: 1.17% ($3.9 mil)
    Return on Equity (ROE): 11.19% ($4.1 mil)
    Quarterly return on equity: 10.40% ($3.8 mil)
    Net income: $4.1 mil
    Quarterly Net income: $1.0 mil
    Pretax return on assets: 1.77% ($5,920.4 mil)
    Quarterly Pretax return on assets: 1.79% ($5,987.3 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
  • 92Total employees (full-time equivalent)
  • $334,485Total assets
  • $42,634Cash and due from depository institutions
  • $14,227Interest-bearing balances
  • $55,303Securities
  • $28,940Federal funds sold & reverse repurchase agreements
  • $195,296Net loans & leases
  • $3,127Loan loss allowance
  • $0Trading account assets
  • $6,577Bank premises and fixed assets
  • $427Other real estate owned
  • $15Goodwill and other intangibles
  • $334,485Life insurance assets
  • $5,293All other assets
  • $297,485Total liabilities and capital
  • $295,966Total liabilities
  • $207,455Total deposits
  • $295,966Interest-bearing deposits
  • $84Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $9Trading liabilities
  • $0Other borrowed funds
  • $1,510Subordinated debt
  • $37,000All other liabilities
  • $37,000Total equity capital
  • $37,000Total bank equity capital
  • $0Perpetual preferred stock
  • $4,000Common stock
  • $16,000Surplus
  • $17,000Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4,220Income earned, not collected on loans
  • $0Earning assets
  • $1,238Long-term assets (5+ years)
  • $293,766Average Assets, year-to-date
  • $138,585Average Assets, quarterly
  • $335,225Volatile liabilities
  • $332,473Insider loans
  • $196,597FHLB advances
  • $332,675Loans and leases held for sale
  • $524Unused loan commitments
  • $524Tier 1 (core) risk-based capital
  • $35,746Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $9,137Restructured Loans and leases
  • $2,361Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $15,028Total interest income
  • $1,093Total interest expense
  • $13,935Net interest income
  • $600Provision for loan and lease losses
  • $3,729Total noninterest income
  • $0Fiduciary activities
  • $1,936Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,793Additional noninterest income
  • $11,139Total noninterest expense
  • $6,313Salaries and employee benefits
  • $1,326Premises and equipment expense
  • $3,500Additional noninterest expense
  • $5,925Pre-tax net operating income
  • $0Securities gains (losses)
  • $1,846Applicable income taxes
  • $4,079Income before extraordinary items
  • $0Extraordinary gains - net
  • $4,079Net income attributable to bank
  • $0Net charge-offs
  • $4,079Cash dividends
  • $315Sale, conversion, retirement of capital stock, net
  • $2,400Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.97%Yield on earning assets
  • 0.36%Cost of funding earning assets
  • 4.61%Net interest margin
  • 1.23%Noninterest income to earning assets
  • 3.68%Noninterest expense to earning assets
  • 1.22%Net operating income to assets
  • 1.22%Return on assets (ROA)
  • 1.77%Pretax return on assets
  • 11.19%Return on equity (ROE)
  • 4.60%Retained earnings to average equity (YTD only)
  • 0.16%Net charge-offs to loans
  • 190.48%Credit loss provision to net charge-offs
  • 20.71%Efficiency ratio
  • 61,974Assets per employee
  • 3.64%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 58.84%Loss allowance to loans
  • 1.58%Loss allowance to noncurrent loans
  • 74.10%Noncurrent assets plus other real estate owned to assets
  • 1.39%Noncurrent loans to loans
  • 2.13%Net loans and leases to deposits
  • 65.99%Net loans and leases to core deposits
  • 69.03%Equity capital to assets
  • 11.06%Core capital (leverage) ratio
  • 10.75%Tier 1 risk-based capital ratio
  • 18.18%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $335,225Average earning assets
  • $36,460Average equity
  • $302,348Average loans

Total Fiduciary and Related Assets (December 31, 2001)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $617Managed Assets
  • 1Number of Accounts
  • $617Personal trust and agency accounts
  • $601Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $16Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 12Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 6 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    09566First State Bank130 East Corsicana Street, Athens, TX 75751May 01, 1935Full Service Brick and Mortar
    1233347Drive-In Facility202 South Palestine Street, Athens, TX 75751September 26, 1973Limited Service Facility
    210757Mabank Branch201 South Third Street, Mabank, TX 75147January 13, 1947Full Service Brick and Mortar
    416947Tyler Street Branch1114 East Tyler Street, Athens, TX 75751Febuary 07, 1983Full Service Brick and Mortar
    5288415Malakoff Branch210 East Royall Blvd, Malakoff, TX 75148August 19, 1988Full Service Brick and Mortar
    8442368Gun Barrel City Branch118 W. Main St, Gun Barrel City, TX 75147June 06, 2005Limited Service Mobile

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