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


First State Bank - Overview

  • General
  • FDIC Certificate #: 2413
    Status: Active
    Federal Reserve ID: 256964
    Bank Holding Company (Regulatory Top Holder): Capitol Bankshares, Inc. (RSSDID: 1108239, Location: Smithville, TX)
    Date Established: January 01, 1907
    WWW: http://www.firststate-texas.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 9 (Domestic: 9, Interstate: No)
    OTS Docket #: 15439
    FDIC's unique #: 1589
    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: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: October 30, 2006
    Last Structure Change Process Date: November 16, 2006
    Last Data Update: November 16, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 401 Main Plaza, New Braunfels, TX 78130
    County: Comal
    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
    Metropolitan Statistical Area (MSA): San Antonio, TX (#7240)
    Core Based Statistical Area (CBSA): San Antonio-New Braunfels, TX (#41700)
    CBSA Metro Statistical Area: San Antonio-New Braunfels, TX (#41700)
  • Financial Summary
  • Total assets: $272.7 mil
    Equity capital: $29.1 mil
    Deposits held in domestic offices: $236.2 mil
    Return on assets (ROA): 1.66% ($4.5 mil)
    Quarterly return on assets: 1.75% ($4.8 mil)
    Return on Equity (ROE): 16.28% ($4.7 mil)
    Quarterly return on equity: 16.41% ($4.8 mil)
    Net income: $4.5 mil
    Quarterly Net income: $1.2 mil
    Pretax return on assets: 1.66% ($4,526.8 mil)
    Quarterly Pretax return on assets: 1.75% ($4,772.3 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
  • 86Total employees (full-time equivalent)
  • $272,700Total assets
  • $40,550Cash and due from depository institutions
  • $37,724Interest-bearing balances
  • $22,400Securities
  • $1,305Federal funds sold & reverse repurchase agreements
  • $197,566Net loans & leases
  • $2,608Loan loss allowance
  • $0Trading account assets
  • $7,421Bank premises and fixed assets
  • $186Other real estate owned
  • $0Goodwill and other intangibles
  • $272,700Life insurance assets
  • $3,272All other assets
  • $243,594Total liabilities and capital
  • $236,233Total liabilities
  • $184,758Total deposits
  • $236,233Interest-bearing deposits
  • $89Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $6,373Trading liabilities
  • $0Other borrowed funds
  • $988Subordinated debt
  • $29,106All other liabilities
  • $29,106Total equity capital
  • $29,106Total bank equity capital
  • $0Perpetual preferred stock
  • $1,000Common stock
  • $9,000Surplus
  • $19,106Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,652Income earned, not collected on loans
  • $0Earning assets
  • $1,003Long-term assets (5+ years)
  • $258,995Average Assets, year-to-date
  • $65,875Average Assets, quarterly
  • $272,433Volatile liabilities
  • $271,587Insider loans
  • $210,122FHLB advances
  • $275,386Loans and leases held for sale
  • $757Unused loan commitments
  • $757Tier 1 (core) risk-based capital
  • $28,512Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $19,827Restructured Loans and leases
  • $1,168Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $14,797Total interest income
  • $2,527Total interest expense
  • $12,270Net interest income
  • $731Provision for loan and lease losses
  • $1,425Total noninterest income
  • $0Fiduciary activities
  • $820Service charges on deposit accounts
  • $0Trading account gains & fees
  • $605Additional noninterest income
  • $8,460Total noninterest expense
  • $4,838Salaries and employee benefits
  • $989Premises and equipment expense
  • $2,633Additional noninterest expense
  • $4,504Pre-tax net operating income
  • $8Securities gains (losses)
  • $0Applicable income taxes
  • $4,512Income before extraordinary items
  • $0Extraordinary gains - net
  • $4,512Net income attributable to bank
  • $0Net charge-offs
  • $4,512Cash dividends
  • $405Sale, conversion, retirement of capital stock, net
  • $2,007Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.74%Yield on earning assets
  • 0.98%Cost of funding earning assets
  • 4.76%Net interest margin
  • 0.55%Noninterest income to earning assets
  • 3.28%Noninterest expense to earning assets
  • 1.65%Net operating income to assets
  • 1.66%Return on assets (ROA)
  • 1.66%Pretax return on assets
  • 16.28%Return on equity (ROE)
  • 9.04%Retained earnings to average equity (YTD only)
  • 0.20%Net charge-offs to loans
  • 180.49%Credit loss provision to net charge-offs
  • 12.93%Efficiency ratio
  • 61,774Assets per employee
  • 3.17%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 44.48%Loss allowance to loans
  • 1.30%Loss allowance to noncurrent loans
  • 157.87%Noncurrent assets plus other real estate owned to assets
  • 0.67%Noncurrent loans to loans
  • 0.83%Net loans and leases to deposits
  • 83.63%Net loans and leases to core deposits
  • 90.15%Equity capital to assets
  • 10.67%Core capital (leverage) ratio
  • 10.35%Tier 1 risk-based capital ratio
  • 13.57%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $272,433Average earning assets
  • $27,709Average equity
  • $257,713Average loans

List of branches

  • 9 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    01589First State Bank401 Main Plaza, New Braunfels, TX 78130January 01, 1907Full Service Brick and Mortar
    1192629Drive-In Facility208 Ramona, Smithville, TX 78957August 11, 1980Limited Service Facility
    2192630Bastrop Branch210 Highway 71 West, Bastrop, TX 78602November 21, 1994Full Service Brick and Mortar
    4192632Canyon Lake Branch1439 Fm 2673, Canyon Lake, TX 78133January 30, 1997Full Service Brick and Mortar
    5357461Smithville Branch201 Main, Smithville, TX 78957July 29, 2000Full Service Brick and Mortar
    6362678Gruene Branch2610 E. Common Street, New Braunfels, TX 78130December 02, 2001Full Service Brick and Mortar
    8479074Operation Center Branch549 Landa St, New Braunfels, TX 78130January 31, 2005Limited Service Administrative
    9479075New Braunfels Drive-In Branch217 East Mill Street, New Braunfels, TX 78130October 14, 1999Limited Service Facility
    10493494Accounting Operations Branch162 W. Mill, New Braunfels, TX 78130October 14, 2008Limited Service Administrative

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