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


First State Bank - Overview

  • General
  • FDIC Certificate #: 16643
    Status: Active
    Federal Reserve ID: 603755
    Date Established: November 08, 1947
    WWW: http://www.fsbjunction.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 10781
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Agricultural lending institution: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: November 08, 1947
    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: 601 College, Junction, TX 76849
    County: Kimble
    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: $40.0 mil
    Equity capital: $3.8 mil
    Deposits held in domestic offices: $36.0 mil
    Return on assets (ROA): 1.04% ($0.4 mil)
    Quarterly return on assets: 0.72% ($0.3 mil)
    Return on Equity (ROE): 10.19% ($0.4 mil)
    Quarterly return on equity: 7.12% ($0.3 mil)
    Net income: $0.4 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 1.04% ($416.4 mil)
    Quarterly Pretax return on assets: 0.72% ($288.3 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
  • 12Total employees (full-time equivalent)
  • $40,041Total assets
  • $969Cash and due from depository institutions
  • $8Interest-bearing balances
  • $17,053Securities
  • $2,890Federal funds sold & reverse repurchase agreements
  • $17,191Net loans & leases
  • $255Loan loss allowance
  • $0Trading account assets
  • $661Bank premises and fixed assets
  • $74Other real estate owned
  • $0Goodwill and other intangibles
  • $40,041Life insurance assets
  • $1,203All other assets
  • $36,222Total liabilities and capital
  • $35,975Total liabilities
  • $28,552Total deposits
  • $35,975Interest-bearing deposits
  • $72Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $247Subordinated debt
  • $3,819All other liabilities
  • $3,819Total equity capital
  • $3,819Total bank equity capital
  • $0Perpetual preferred stock
  • $237Common stock
  • $1,563Surplus
  • $2,019Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $165Long-term assets (5+ years)
  • $37,142Average Assets, year-to-date
  • $13,275Average Assets, quarterly
  • $37,250Volatile liabilities
  • $38,782Insider loans
  • $21,764FHLB advances
  • $39,030Loans and leases held for sale
  • $798Unused loan commitments
  • $529Tier 1 (core) risk-based capital
  • $3,638Tier 2 risk-based capital
  • $269Total risk weighted assets
  • $0Total unused commitments
  • $789Restructured Loans and leases
  • $595Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,780Total interest income
  • $150Total interest expense
  • $1,630Net interest income
  • $25Provision for loan and lease losses
  • $251Total noninterest income
  • $0Fiduciary activities
  • $136Service charges on deposit accounts
  • $0Trading account gains & fees
  • $115Additional noninterest income
  • $1,444Total noninterest expense
  • $760Salaries and employee benefits
  • $178Premises and equipment expense
  • $506Additional noninterest expense
  • $412Pre-tax net operating income
  • -$25Securities gains (losses)
  • $0Applicable income taxes
  • $387Income before extraordinary items
  • $0Extraordinary gains - net
  • $387Net income attributable to bank
  • $0Net charge-offs
  • $387Cash dividends
  • $45Sale, conversion, retirement of capital stock, net
  • $322Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.18%Yield on earning assets
  • 0.44%Cost of funding earning assets
  • 4.74%Net interest margin
  • 0.73%Noninterest income to earning assets
  • 4.20%Noninterest expense to earning assets
  • 1.11%Net operating income to assets
  • 1.04%Return on assets (ROA)
  • 1.04%Pretax return on assets
  • 10.19%Return on equity (ROE)
  • 1.71%Retained earnings to average equity (YTD only)
  • 0.26%Net charge-offs to loans
  • 55.56%Credit loss provision to net charge-offs
  • 9.71%Efficiency ratio
  • 76,768Assets per employee
  • 3.34%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 83.20%Loss allowance to loans
  • 1.46%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.18%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 47.79%Net loans and leases to core deposits
  • 48.15%Equity capital to assets
  • 9.54%Core capital (leverage) ratio
  • 9.32%Tier 1 risk-based capital ratio
  • 16.72%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $37,250Average earning assets
  • $3,796Average equity
  • $34,390Average loans

List of branches

  • 1 Texas Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    010781First State Bank601 College, Junction, TX 76849November 08, 1947Full Service Brick and Mortar

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