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

First State Bank - Overview

  • General
  • FDIC Certificate #: 18621
    Status: Active
    Federal Reserve ID: 502353
    Bank Holding Company (Regulatory Top Holder): G-6 Corporation (RSSDID: 1107885, Location: Mesquite, TX)
    Date Established: November 01, 1962
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 6 (Domestic: 6, Interstate: No)
    FDIC's unique #: 12506
    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: November 01, 1962
    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: 917 Military Parkway, Mesquite, TX 75149
    County: Dallas
    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): Dallas-Fort Worth-Arlington, TX (#19100)
    CBSA Metro Statistical Area: Dallas-Fort Worth-Arlington, TX (#19100)
    Core Based Statistical Division: Dallas-Plano-Irving, TX (#19124)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $227.9 mil
    Equity capital: $24.8 mil
    Deposits held in domestic offices: $198.7 mil
    Return on assets (ROA): -0.99% (-$2.3 mil)
    Quarterly return on assets: -0.60% (-$1.4 mil)
    Return on Equity (ROE): -8.98% (-$2.2 mil)
    Quarterly return on equity: -5.63% (-$1.4 mil)
    Net income: -$2.3 mil
    Quarterly Net income: -$0.3 mil
    Pretax return on assets: -1.05% (-$2,392.7 mil)
    Quarterly Pretax return on assets: -0.85% (-$1,936.9 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
  • 59Total employees (full-time equivalent)
  • $227,872Total assets
  • $73,529Cash and due from depository institutions
  • $61,657Interest-bearing balances
  • $41,826Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $87,990Net loans & leases
  • $6,439Loan loss allowance
  • $0Trading account assets
  • $4,681Bank premises and fixed assets
  • $6,312Other real estate owned
  • $0Goodwill and other intangibles
  • $227,872Life insurance assets
  • $13,534All other assets
  • $203,094Total liabilities and capital
  • $198,650Total liabilities
  • $147,579Total deposits
  • $198,650Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $4,444Subordinated debt
  • $24,778All other liabilities
  • $24,778Total equity capital
  • $24,778Total bank equity capital
  • $0Perpetual preferred stock
  • $300Common stock
  • $11,700Surplus
  • $12,778Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $15,753Income earned, not collected on loans
  • $0Earning assets
  • $758Long-term assets (5+ years)
  • $191,473Average Assets, year-to-date
  • $23,516Average Assets, quarterly
  • $231,855Volatile liabilities
  • $232,469Insider loans
  • $107,279FHLB advances
  • $228,001Loans and leases held for sale
  • $5,652Unused loan commitments
  • $3,351Tier 1 (core) risk-based capital
  • $21,877Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $2,301Total unused commitments
  • $5,447Restructured Loans and leases
  • $400Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $8,920Total interest income
  • $1,584Total interest expense
  • $7,336Net interest income
  • $2,000Provision for loan and lease losses
  • $1,152Total noninterest income
  • $0Fiduciary activities
  • $1,303Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$151Additional noninterest income
  • $9,061Total noninterest expense
  • $3,737Salaries and employee benefits
  • $1,085Premises and equipment expense
  • $4,239Additional noninterest expense
  • -$2,573Pre-tax net operating income
  • $127Securities gains (losses)
  • -$146Applicable income taxes
  • -$2,300Income before extraordinary items
  • $0Extraordinary gains - net
  • -$2,300Net income attributable to bank
  • $0Net charge-offs
  • -$2,300Cash dividends
  • $1,561Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.42%Yield on earning assets
  • 0.79%Cost of funding earning assets
  • 3.64%Net interest margin
  • 0.57%Noninterest income to earning assets
  • 4.49%Noninterest expense to earning assets
  • -1.04%Net operating income to assets
  • -0.99%Return on assets (ROA)
  • -1.05%Pretax return on assets
  • -8.98%Return on equity (ROE)
  • -8.98%Retained earnings to average equity (YTD only)
  • 1.38%Net charge-offs to loans
  • 128.12%Credit loss provision to net charge-offs
  • -0.37%Efficiency ratio
  • 106,751Assets per employee
  • 3.86%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 6.82%Loss allowance to noncurrent loans
  • 40.87%Noncurrent assets plus other real estate owned to assets
  • 9.68%Noncurrent loans to loans
  • 16.68%Net loans and leases to deposits
  • 44.29%Net loans and leases to core deposits
  • 44.82%Equity capital to assets
  • 10.87%Core capital (leverage) ratio
  • 9.60%Tier 1 risk-based capital ratio
  • 20.39%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $231,855Average earning assets
  • $25,625Average equity
  • $201,711Average loans

List of branches

  • 6 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    012506First State Bank917 Military Parkway, Mesquite, TX 75149November 01, 1962Full Service Brick and Mortar
    1245911Motley Branch2920 Motley Drive, Mesquite, TX 75150Febuary 13, 1987Full Service Brick and Mortar
    2363066Mobile Branch917 Military Parkway, Mesquite, TX 75185Febuary 08, 2002Limited Service Mobile
    3363067Mobile Branch917 Military Parkway - Kaufman County Branch, Mesquite, TX 75149Febuary 08, 2002Limited Service Mobile
    4363068Mobile Branch Rockwall917 Military Parkway-Rockwall County Location, Mesquite, TX 75149Febuary 08, 2001Limited Service Mobile
    5364015Terrell Branch2490 W. Moore, Terrell, TX 75160June 21, 2002Full Service Brick and Mortar

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