First State Bank in Crossett, Arkansas (AR)
Overview, Financial Summary, Detailed Financial Reports, Branches


First State Bank - Overview

  • General
  • FDIC Certificate #: 18987
    Status: Active
    Federal Reserve ID: 454340
    Bank Holding Company (Regulatory Top Holder): Evergreen Bancshares, Inc. (RSSDID: 1134797, Location: Crossett, AR)
    Date Established: January 09, 1964
    WWW: http://www.fsbcrossett.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 12830
    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: Other Specialized Lending < 1 Billion
    Date of Deposit Insurance: January 09, 1964
    Last Structure Change Effective Date: March 10, 2008
    Last Structure Change Process Date: March 11, 2008
    Last Data Update: March 11, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 200 Pine Street, Crossett, AR 71635
    County: Ashley
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Little Rock
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Western
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $44.6 mil
    Equity capital: $3.8 mil
    Deposits held in domestic offices: $40.4 mil
    Return on assets (ROA): 1.54% ($0.7 mil)
    Quarterly return on assets: 0.66% ($0.3 mil)
    Return on Equity (ROE): 16.82% ($0.7 mil)
    Quarterly return on equity: 7.45% ($0.3 mil)
    Net income: $0.6 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 2.20% ($981.6 mil)
    Quarterly Pretax return on assets: 1.38% ($615.7 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
  • 14Total employees (full-time equivalent)
  • $44,618Total assets
  • $13,216Cash and due from depository institutions
  • $8,023Interest-bearing balances
  • $11,036Securities
  • $727Federal funds sold & reverse repurchase agreements
  • $16,391Net loans & leases
  • $356Loan loss allowance
  • $0Trading account assets
  • $1,394Bank premises and fixed assets
  • $747Other real estate owned
  • $0Goodwill and other intangibles
  • $44,618Life insurance assets
  • $1,107All other assets
  • $40,823Total liabilities and capital
  • $40,401Total liabilities
  • $28,454Total deposits
  • $40,401Interest-bearing deposits
  • $92Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $422Subordinated debt
  • $3,795All other liabilities
  • $3,795Total equity capital
  • $3,795Total bank equity capital
  • $0Perpetual preferred stock
  • $1,000Common stock
  • $380Surplus
  • $2,415Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $475Income earned, not collected on loans
  • $0Earning assets
  • $195Long-term assets (5+ years)
  • $36,177Average Assets, year-to-date
  • $11,217Average Assets, quarterly
  • $39,278Volatile liabilities
  • $42,246Insider loans
  • $20,009FHLB advances
  • $43,867Loans and leases held for sale
  • $715Unused loan commitments
  • $715Tier 1 (core) risk-based capital
  • $3,795Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $629Restructured Loans and leases
  • $142Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,935Total interest income
  • $431Total interest expense
  • $1,504Net interest income
  • -$200Provision for loan and lease losses
  • $678Total noninterest income
  • $0Fiduciary activities
  • $484Service charges on deposit accounts
  • $0Trading account gains & fees
  • $194Additional noninterest income
  • $1,518Total noninterest expense
  • $639Salaries and employee benefits
  • $342Premises and equipment expense
  • $537Additional noninterest expense
  • $864Pre-tax net operating income
  • $0Securities gains (losses)
  • $259Applicable income taxes
  • $605Income before extraordinary items
  • $0Extraordinary gains - net
  • $605Net income attributable to bank
  • $0Net charge-offs
  • $605Cash dividends
  • $62Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.90%Yield on earning assets
  • 1.31%Cost of funding earning assets
  • 4.59%Net interest margin
  • 2.07%Noninterest income to earning assets
  • 4.63%Noninterest expense to earning assets
  • 1.54%Net operating income to assets
  • 1.54%Return on assets (ROA)
  • 2.20%Pretax return on assets
  • 16.82%Return on equity (ROE)
  • 16.82%Retained earnings to average equity (YTD only)
  • 0.35%Net charge-offs to loans
  • -322.58%Credit loss provision to net charge-offs
  • 10.71%Efficiency ratio
  • 69,569Assets per employee
  • 3.19%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.13%Loss allowance to noncurrent loans
  • 74.95%Noncurrent assets plus other real estate owned to assets
  • 2.74%Noncurrent loans to loans
  • 2.84%Net loans and leases to deposits
  • 40.57%Net loans and leases to core deposits
  • 42.21%Equity capital to assets
  • 8.51%Core capital (leverage) ratio
  • 8.65%Tier 1 risk-based capital ratio
  • 18.97%Total risk-based capital ratio
  • Memoranda
  • $20Average assets
  • $39,278Average earning assets
  • $3,598Average equity
  • $32,777Average loans

List of branches

  • 3 Arkansas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    012830First State Bank200 Pine Street, Crossett, AR 71635January 09, 1964Full Service Brick and Mortar
    1247009North Crossett Tellers Window Branch200 Pine Street, Crossett, AR 71635November 16, 1971Limited Service Facility
    2442442Brookshire's Branch1600 South Florida, Crossett, AR 71635June 30, 1998Full Service Retail

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