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

This bank is inactive as of May 28, 1994

First State Bank in Tulia, Texas (TX)
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First State Bank - Overview

General
FDIC Certificate #: 18697
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: HCSB (#14562)
Federal Reserve ID: 194767
Date Established: January 24, 1963
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 12568
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: January 24, 1963
Last Structure Change Effective Date: May 28, 1994
Last Structure Change Process Date: July 26, 1994
Last Data Update: July 26, 1994
Data Source Date: April 05, 2012
Location
Address: 125 South Austin Street, Tulia, TX 79088
County: Swisher
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Lubbock
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
Financial Summary
Total assets: $24.9 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$15Total assets
$25,001Cash and due from depository institutions
$1,687Interest-bearing balances
$400Securities
$8,477Federal funds sold & reverse repurchase agreements
$1,000Net loans & leases
$12,788Loan loss allowance
$148Trading account assets
$0Bank premises and fixed assets
$478Other real estate owned
$43Goodwill and other intangibles
$528Life insurance assets
$0All other assets
$0Total liabilities and capital
$25,001Total liabilities
$22,613Total deposits
$22,430Interest-bearing deposits
$17,450Deposits held in domestic offices
22430.00%% insured (estimated)
$93Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$183Total equity capital
$183Total bank equity capital
$2,388Perpetual preferred stock
$0Common stock
$300Surplus
$1,300Undivided profits
Memoranda
$788Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$124Income earned, not collected on loans
$346Earning assets
$22,665Long-term assets (5+ years)
$74Average Assets, year-to-date
$25,465Average Assets, quarterly
$24,862Volatile liabilities
$2,000Insider loans
$548FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$2,499Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$2,388Total risk weighted assets
$16,300Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$1,650Total interest expense
$550Net interest income
$1,100Provision for loan and lease losses
$174Total noninterest income
$225Fiduciary activities
$0Service charges on deposit accounts
$125Trading account gains & fees
$0Additional noninterest income
$100Total noninterest expense
$967Salaries and employee benefits
$481Premises and equipment expense
$121Additional noninterest expense
$365Pre-tax net operating income
$184Securities gains (losses)
$20Applicable income taxes
$69Income before extraordinary items
$135Extraordinary gains - net
$0Net income attributable to bank
$135Net charge-offs
$258Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.17%Cost of funding earning assets
2.39%Net interest margin
4.78%Noninterest income to earning assets
0.98%Noninterest expense to earning assets
4.20%Net operating income to assets
0.48%Return on assets (ROA)
0.53%Pretax return on assets
0.80%Return on equity (ROE)
5.84%Retained earnings to average equity (YTD only)
5.84%Net charge-offs to loans
1.97%Credit loss provision to net charge-offs
67.44%Efficiency ratio
72,981Assets per employee
1.67%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.14%Loss allowance to noncurrent loans
119.35%Noncurrent assets plus other real estate owned to assets
0.67%Noncurrent loans to loans
0.96%Net loans and leases to deposits
57.01%Net loans and leases to core deposits
62.59%Equity capital to assets
9.55%Core capital (leverage) ratio
9.14%Tier 1 risk-based capital ratio
14.65%Total risk-based capital ratio
Memoranda
$16Average assets
$25,465Average earning assets
$2,310Average equity
$23,003Average loans

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