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

First State Bank in Tuscola - Overview

  • General
  • FDIC Certificate #: 19641
    Status: Active
    Federal Reserve ID: 1427770
    Bank Holding Company (Regulatory Top Holder): South Taylor County Bancshares, Inc. (RSSDID: 1108417, Location: Tuscola, TX)
    Date Established: October 17, 1966
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 13440
    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: October 17, 1966
    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: 405 Main Street, Tuscola, TX 79562
    County: Taylor
    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
    Metropolitan Statistical Area (MSA): Abilene, TX (#40)
    Core Based Statistical Area (CBSA): Abilene, TX (#10180)
    CBSA Metro Statistical Area: Abilene, TX (#10180)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $21.2 mil
    Equity capital: $2.1 mil
    Deposits held in domestic offices: $19.0 mil
    Return on assets (ROA): 0.50% ($0.1 mil)
    Quarterly return on assets: 0.71% ($0.1 mil)
    Return on Equity (ROE): 5.26% ($0.1 mil)
    Quarterly return on equity: 7.60% ($0.2 mil)
    Net income: $0.1 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 0.50% ($106.0 mil)
    Quarterly Pretax return on assets: 0.71% ($150.5 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
  • 6Total employees (full-time equivalent)
  • $21,201Total assets
  • $9,320Cash and due from depository institutions
  • $9,020Interest-bearing balances
  • $4,607Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $6,708Net loans & leases
  • $74Loan loss allowance
  • $0Trading account assets
  • $115Bank premises and fixed assets
  • $248Other real estate owned
  • $0Goodwill and other intangibles
  • $21,201Life insurance assets
  • $203All other assets
  • $19,134Total liabilities and capital
  • $19,033Total liabilities
  • $13,157Total deposits
  • $19,033Interest-bearing deposits
  • $92Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $101Subordinated debt
  • $2,067All other liabilities
  • $2,067Total equity capital
  • $2,067Total bank equity capital
  • $0Perpetual preferred stock
  • $200Common stock
  • $1,100Surplus
  • $767Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $45Income earned, not collected on loans
  • $0Earning assets
  • $99Long-term assets (5+ years)
  • $20,335Average Assets, year-to-date
  • $5,772Average Assets, quarterly
  • $21,026Volatile liabilities
  • $22,122Insider loans
  • $9,894FHLB advances
  • $22,963Loans and leases held for sale
  • $57Unused loan commitments
  • $57Tier 1 (core) risk-based capital
  • $1,911Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $609Restructured Loans and leases
  • $73Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $715Total interest income
  • $75Total interest expense
  • $640Net interest income
  • $2Provision for loan and lease losses
  • $182Total noninterest income
  • $0Fiduciary activities
  • $134Service charges on deposit accounts
  • $0Trading account gains & fees
  • $48Additional noninterest income
  • $729Total noninterest expense
  • $398Salaries and employee benefits
  • $40Premises and equipment expense
  • $291Additional noninterest expense
  • $91Pre-tax net operating income
  • $15Securities gains (losses)
  • $0Applicable income taxes
  • $106Income before extraordinary items
  • $0Extraordinary gains - net
  • $106Net income attributable to bank
  • $0Net charge-offs
  • $106Cash dividends
  • -$8Sale, conversion, retirement of capital stock, net
  • $110Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.86%Yield on earning assets
  • 0.41%Cost of funding earning assets
  • 3.46%Net interest margin
  • 0.98%Noninterest income to earning assets
  • 3.94%Noninterest expense to earning assets
  • 0.43%Net operating income to assets
  • 0.50%Return on assets (ROA)
  • 0.50%Pretax return on assets
  • 5.26%Return on equity (ROE)
  • -0.20%Retained earnings to average equity (YTD only)
  • -0.12%Net charge-offs to loans
  • -25.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 88,686Assets per employee
  • 3.53%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 103.77%Loss allowance to loans
  • 1.09%Loss allowance to noncurrent loans
  • 164.44%Noncurrent assets plus other real estate owned to assets
  • 1.38%Noncurrent loans to loans
  • 0.66%Net loans and leases to deposits
  • 35.24%Net loans and leases to core deposits
  • 35.24%Equity capital to assets
  • 9.75%Core capital (leverage) ratio
  • 8.32%Tier 1 risk-based capital ratio
  • 19.31%Total risk-based capital ratio
  • Memoranda
  • $20Average assets
  • $21,026Average earning assets
  • $2,013Average equity
  • $18,505Average loans

List of branches

  • 1 Texas Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    013440First State Bank In Tuscola405 Main Street, Tuscola, TX 79562October 17, 1966Full Service Brick and Mortar

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