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

First State Bank - Overview

  • General
  • FDIC Certificate #: 15898
    Status: Active
    Federal Reserve ID: 884358
    Bank Holding Company (Regulatory Top Holder): East Texas Bancshares, Inc. (RSSDID: 1135909, Location: Livingston, TX)
    Date Established: October 05, 1910
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 5 (Domestic: 5, Interstate: No)
    OTS Docket #: 11470
    FDIC's unique #: 10130
    Numeric code: 13
    Regulator: FED
    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 27, 1942
    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: 112 West Polk Street, Livingston, TX 77351
    County: Polk
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Houston
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
  • History of Changes
  • Corrections
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $289.9 mil
    Equity capital: $41.0 mil
    Deposits held in domestic offices: $240.3 mil
    Return on assets (ROA): 1.25% ($3.6 mil)
    Quarterly return on assets: 0.98% ($2.8 mil)
    Return on Equity (ROE): 8.84% ($3.6 mil)
    Quarterly return on equity: 6.77% ($2.8 mil)
    Net income: $3.6 mil
    Quarterly Net income: $0.7 mil
    Pretax return on assets: 1.51% ($4,377.3 mil)
    Quarterly Pretax return on assets: 1.19% ($3,449.6 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
  • 83Total employees (full-time equivalent)
  • $289,886Total assets
  • $9,961Cash and due from depository institutions
  • $3,196Interest-bearing balances
  • $128,352Securities
  • $17,345Federal funds sold & reverse repurchase agreements
  • $125,383Net loans & leases
  • $1,120Loan loss allowance
  • $0Trading account assets
  • $4,809Bank premises and fixed assets
  • $15Other real estate owned
  • $0Goodwill and other intangibles
  • $289,887Life insurance assets
  • $4,021All other assets
  • $248,906Total liabilities and capital
  • $240,309Total liabilities
  • $190,546Total deposits
  • $240,309Interest-bearing deposits
  • $79Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $6,000Trading liabilities
  • $0Other borrowed funds
  • $2,597Subordinated debt
  • $40,981All other liabilities
  • $40,981Total equity capital
  • $40,981Total bank equity capital
  • $0Perpetual preferred stock
  • $2,200Common stock
  • $5,800Surplus
  • $32,981Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,620Income earned, not collected on loans
  • $830Earning assets
  • $1,955Long-term assets (5+ years)
  • $274,276Average Assets, year-to-date
  • $105,828Average Assets, quarterly
  • $286,495Volatile liabilities
  • $286,519Insider loans
  • $131,036FHLB advances
  • $285,609Loans and leases held for sale
  • $585Unused loan commitments
  • $585Tier 1 (core) risk-based capital
  • $37,250Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $7,131Restructured Loans and leases
  • $2,616Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $11,483Total interest income
  • $2,046Total interest expense
  • $9,437Net interest income
  • $120Provision for loan and lease losses
  • $3,760Total noninterest income
  • $0Fiduciary activities
  • $2,352Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,408Additional noninterest income
  • $8,631Total noninterest expense
  • $4,745Salaries and employee benefits
  • $1,064Premises and equipment expense
  • $2,822Additional noninterest expense
  • $4,446Pre-tax net operating income
  • -$134Securities gains (losses)
  • $719Applicable income taxes
  • $3,593Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,593Net income attributable to bank
  • $0Net charge-offs
  • $3,593Cash dividends
  • $101Sale, conversion, retirement of capital stock, net
  • $1,800Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.23%Yield on earning assets
  • 0.75%Cost of funding earning assets
  • 3.48%Net interest margin
  • 1.38%Noninterest income to earning assets
  • 3.18%Noninterest expense to earning assets
  • 1.29%Net operating income to assets
  • 1.25%Return on assets (ROA)
  • 1.51%Pretax return on assets
  • 8.84%Return on equity (ROE)
  • 4.41%Retained earnings to average equity (YTD only)
  • 0.08%Net charge-offs to loans
  • 118.81%Credit loss provision to net charge-offs
  • 45.21%Efficiency ratio
  • 65,401Assets per employee
  • 3.49%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 50.10%Loss allowance to loans
  • 0.89%Loss allowance to noncurrent loans
  • 42.75%Noncurrent assets plus other real estate owned to assets
  • 1.10%Noncurrent loans to loans
  • 2.07%Net loans and leases to deposits
  • 52.18%Net loans and leases to core deposits
  • 59.00%Equity capital to assets
  • 14.14%Core capital (leverage) ratio
  • 13.04%Tier 1 risk-based capital ratio
  • 28.43%Total risk-based capital ratio
  • Memoranda
  • $29Average assets
  • $286,495Average earning assets
  • $40,642Average equity
  • $271,519Average loans

List of branches

  • 5 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    010130First State Bank112 West Polk Street, Livingston, TX 77351October 05, 1910Full Service Brick and Mortar
    1235756Motor Bank Branch600 North Jackson, Livingston, TX 77351September 22, 1978Limited Service Facility
    2235757Shepherd BranchHighway 59 South At Post Oak, Shepherd, TX 77371July 03, 1995Full Service Brick and Mortar
    3235758West Branch2300 Hwy 190 West, Livingston, TX 77351July 06, 1998Full Service Brick and Mortar
    4235759Onalaska Branch794 Hwy 190 West, Onalaska, TX 77360Febuary 02, 1999Full Service Brick and Mortar

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