First State Bank and Trust Company in Port Lavaca, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 01, 1994

  • First State Bank and Trust Company in Port Lavaca, Texas (TX)
  • Show street view No street view available for this location

First State Bank and Trust Company - Overview

  • General
  • FDIC Certificate #: 11940
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: International Bank of Commerce (#19629)
    Federal Reserve ID: 978060
    Date Established: May 12, 1909
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    FDIC's unique #: 7625
    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 01, 1934
    Last Structure Change Effective Date: September 01, 1994
    Last Structure Change Process Date: September 23, 1994
    Last Data Update: September 23, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 311 North Virginia, Port Lavaca, TX 77979
    County: Calhoun
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Houston
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Core Based Statistical Area (CBSA): Victoria, TX (#47020)
    CBSA Metro Statistical Area: Victoria, TX (#47020)
  • Financial Summary
  • Total assets: $256.3 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)
  • $92Total assets
  • $261,911Cash and due from depository institutions
  • $7,846Interest-bearing balances
  • $0Securities
  • $185,379Federal funds sold & reverse repurchase agreements
  • $19,700Net loans & leases
  • $44,172Loan loss allowance
  • $460Trading account assets
  • $0Bank premises and fixed assets
  • $1,782Other real estate owned
  • $0Goodwill and other intangibles
  • $2,387Life insurance assets
  • $645All other assets
  • $0Total liabilities and capital
  • $261,911Total liabilities
  • $241,015Total deposits
  • $240,082Interest-bearing deposits
  • $216,931Deposits held in domestic offices
  • 240082.00%% insured (estimated)
  • $64Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $933Total equity capital
  • $933Total bank equity capital
  • $20,896Perpetual preferred stock
  • $0Common stock
  • $1,400Surplus
  • $4,600Undivided profits
  • Memoranda
  • $14,896Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $113Income earned, not collected on loans
  • $224Earning assets
  • $249,251Long-term assets (5+ years)
  • $51,691Average Assets, year-to-date
  • $256,545Average Assets, quarterly
  • $252,442Volatile liabilities
  • $31,683Insider loans
  • $1,439FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $5,111Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $20,251Total risk weighted assets
  • $58,068Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $16,690Total interest expense
  • $8,267Net interest income
  • $8,423Provision for loan and lease losses
  • $70Total noninterest income
  • $1,671Fiduciary activities
  • $88Service charges on deposit accounts
  • $1,219Trading account gains & fees
  • $0Additional noninterest income
  • $364Total noninterest expense
  • $5,737Salaries and employee benefits
  • $3,021Premises and equipment expense
  • $631Additional noninterest expense
  • $2,085Pre-tax net operating income
  • $4,287Securities gains (losses)
  • $842Applicable income taxes
  • $1,710Income before extraordinary items
  • $3,419Extraordinary gains - net
  • $0Net income attributable to bank
  • $3,419Net charge-offs
  • $70Cash 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
  • 6.85%Cost of funding earning assets
  • 3.39%Net interest margin
  • 3.46%Noninterest income to earning assets
  • 0.69%Noninterest expense to earning assets
  • 2.36%Net operating income to assets
  • 1.11%Return on assets (ROA)
  • 1.33%Pretax return on assets
  • 2.00%Return on equity (ROE)
  • 17.64%Retained earnings to average equity (YTD only)
  • 17.64%Net charge-offs to loans
  • 0.17%Credit loss provision to net charge-offs
  • 100.00%Efficiency ratio
  • 53,715Assets per employee
  • 2.85%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.03%Loss allowance to noncurrent loans
  • 407.08%Noncurrent assets plus other real estate owned to assets
  • 0.04%Noncurrent loans to loans
  • 0.25%Net loans and leases to deposits
  • 18.40%Net loans and leases to core deposits
  • 21.20%Equity capital to assets
  • 7.98%Core capital (leverage) ratio
  • 7.92%Tier 1 risk-based capital ratio
  • 34.87%Total risk-based capital ratio
  • Memoranda
  • $36Average assets
  • $256,545Average earning assets
  • $19,378Average equity
  • $243,544Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with First State Bank and Trust Company.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents