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

  • First State Bank in Overton, Texas (TX)
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First State Bank - Overview

  • General
  • FDIC Certificate #: 9014
    Status: Active
    Federal Reserve ID: 830168
    Bank Holding Company (Regulatory Top Holder): Overton Financial Corporation (RSSDID: 1138423, Location: Overton, TX)
    Date Established: January 01, 1912
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 5756
    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 01, 1934
    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: 115 East Henderson, Overton, TX 75684
    County: Rusk
    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
    Combined Statistical Area (CSA): Longview-Marshall, TX (#346)
    Core Based Statistical Area (CBSA): Longview, TX (#30980)
    CBSA Metro Statistical Area: Longview, TX (#30980)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $42.0 mil
    Equity capital: $8.4 mil
    Deposits held in domestic offices: $33.3 mil
    Return on assets (ROA): 0.32% ($0.1 mil)
    Quarterly return on assets: -0.05% (-$0.0 mil)
    Return on Equity (ROE): 1.70% ($0.1 mil)
    Quarterly return on equity: -0.24% (-$0.0 mil)
    Net income: $0.1 mil
    Quarterly Net income: -$0.0 mil
    Pretax return on assets: 0.26% ($109.3 mil)
    Quarterly Pretax return on assets: -0.05% (-$21.0 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
  • 17Total employees (full-time equivalent)
  • $42,031Total assets
  • $12,507Cash and due from depository institutions
  • $8,794Interest-bearing balances
  • $16,111Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $12,526Net loans & leases
  • $183Loan loss allowance
  • $0Trading account assets
  • $257Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $42,031Life insurance assets
  • $630All other assets
  • $33,633Total liabilities and capital
  • $33,310Total liabilities
  • $21,841Total deposits
  • $33,310Interest-bearing deposits
  • $98Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $323Subordinated debt
  • $8,398All other liabilities
  • $8,398Total equity capital
  • $8,398Total bank equity capital
  • $0Perpetual preferred stock
  • $500Common stock
  • $1,500Surplus
  • $6,398Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1Income earned, not collected on loans
  • $0Earning assets
  • $183Long-term assets (5+ years)
  • $37,431Average Assets, year-to-date
  • $9,427Average Assets, quarterly
  • $44,449Volatile liabilities
  • $42,896Insider loans
  • $16,047FHLB advances
  • $42,361Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $7,942Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $3,118Restructured Loans and leases
  • $198Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,344Total interest income
  • $133Total interest expense
  • $1,211Net interest income
  • $9Provision for loan and lease losses
  • $242Total noninterest income
  • $0Fiduciary activities
  • $148Service charges on deposit accounts
  • $0Trading account gains & fees
  • $94Additional noninterest income
  • $1,329Total noninterest expense
  • $737Salaries and employee benefits
  • $168Premises and equipment expense
  • $424Additional noninterest expense
  • $115Pre-tax net operating income
  • $0Securities gains (losses)
  • -$28Applicable income taxes
  • $143Income before extraordinary items
  • $0Extraordinary gains - net
  • $143Net income attributable to bank
  • $0Net charge-offs
  • $143Cash dividends
  • -$19Sale, conversion, retirement of capital stock, net
  • $90Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.40%Yield on earning assets
  • 0.34%Cost of funding earning assets
  • 3.06%Net interest margin
  • 0.61%Noninterest income to earning assets
  • 3.36%Noninterest expense to earning assets
  • 0.32%Net operating income to assets
  • 0.32%Return on assets (ROA)
  • 0.26%Pretax return on assets
  • 1.70%Return on equity (ROE)
  • 0.63%Retained earnings to average equity (YTD only)
  • -0.14%Net charge-offs to loans
  • -47.37%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 91,466Assets per employee
  • 2.47%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 62.94%Loss allowance to loans
  • 1.44%Loss allowance to noncurrent loans
  • 18300.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.01%Net loans and leases to deposits
  • 37.60%Net loans and leases to core deposits
  • 38.46%Equity capital to assets
  • 19.98%Core capital (leverage) ratio
  • 18.75%Tier 1 risk-based capital ratio
  • 49.49%Total risk-based capital ratio
  • Memoranda
  • $51Average assets
  • $44,449Average earning assets
  • $8,418Average equity
  • $39,583Average loans

List of branches

  • 2 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    05756First State Bank115 East Henderson, Overton, TX 75684January 01, 1912Full Service Brick and Mortar
    1219302New London Branch10680 South Main, New London, TX 75682November 04, 1987Full Service Brick and Mortar

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