First State Bank of Ben Wheeler, Texas in city_name, state_name

First State Bank of Ben Wheeler, Texas in Ben Wheeler, Texas (TX)
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First State Bank of Ben Wheeler, Texas routing number info

First State Bank of Ben Wheeler, Texas - Overview

General
FDIC Certificate #: 11904
Status: Active
Federal Reserve ID: 31657
Date Established: Febuary 17, 1911
WWW: http://www.fsbbenwheeler.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Domestic: 4, Interstate: No)
FDIC's unique #: 7602
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: Mortgage Lending Specialization
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: 14269 State Highway 64, Ben Wheeler, TX 75754
County: Van Zandt
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
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $113.7 mil
Equity capital: $11.9 mil
Deposits held in domestic offices: $100.9 mil
Return on assets (ROA): 1.78% ($2.0 mil)
Quarterly return on assets: 1.35% ($1.5 mil)
Return on Equity (ROE): 17.15% ($2.1 mil)
Quarterly return on equity: 13.07% ($1.6 mil)
Net income: $2.0 mil
Quarterly Net income: $0.4 mil
Pretax return on assets: 1.78% ($2,023.8 mil)
Quarterly Pretax return on assets: 1.35% ($1,534.9 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
31Total employees (full-time equivalent)
$113,698Total assets
$2,403Cash and due from depository institutions
$0Interest-bearing balances
$64,617Securities
$0Federal funds sold & reverse repurchase agreements
$41,560Net loans & leases
$474Loan loss allowance
$0Trading account assets
$1,648Bank premises and fixed assets
$243Other real estate owned
$0Goodwill and other intangibles
$113,698Life insurance assets
$3,227All other assets
$101,847Total liabilities and capital
$100,857Total liabilities
$83,637Total deposits
$100,857Interest-bearing deposits
$92Deposits held in domestic offices
805.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$185Subordinated debt
$11,851All other liabilities
$11,851Total equity capital
$11,851Total bank equity capital
$0Perpetual preferred stock
$60Common stock
$2,210Surplus
$9,581Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$307Income earned, not collected on loans
$0Earning assets
$568Long-term assets (5+ years)
$106,177Average Assets, year-to-date
$70,052Average Assets, quarterly
$109,498Volatile liabilities
$112,872Insider loans
$51,479FHLB advances
$112,522Loans and leases held for sale
$2,221Unused loan commitments
$0Tier 1 (core) risk-based capital
$11,851Tier 2 risk-based capital
$0Total risk weighted assets
$2,221Total unused commitments
$3,916Restructured Loans and leases
$375Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$4,972Total interest income
$829Total interest expense
$4,143Net interest income
$150Provision for loan and lease losses
$693Total noninterest income
$0Fiduciary activities
$501Service charges on deposit accounts
$0Trading account gains & fees
$192Additional noninterest income
$2,736Total noninterest expense
$1,257Salaries and employee benefits
$350Premises and equipment expense
$1,129Additional noninterest expense
$1,950Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$1,950Income before extraordinary items
$0Extraordinary gains - net
$1,950Net income attributable to bank
$0Net charge-offs
$1,950Cash dividends
$224Sale, conversion, retirement of capital stock, net
$1,015Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.89%Yield on earning assets
0.82%Cost of funding earning assets
4.08%Net interest margin
0.68%Noninterest income to earning assets
2.69%Noninterest expense to earning assets
1.78%Net operating income to assets
1.78%Return on assets (ROA)
1.78%Pretax return on assets
17.15%Return on equity (ROE)
8.22%Retained earnings to average equity (YTD only)
0.54%Net charge-offs to loans
66.96%Credit loss provision to net charge-offs
9.38%Efficiency ratio
56,576Assets per employee
3.67%Cash dividends to net income (YTD only)
Condition Ratios (%)
52.05%Loss allowance to loans
1.13%Loss allowance to noncurrent loans
154.40%Noncurrent assets plus other real estate owned to assets
0.48%Noncurrent loans to loans
0.73%Net loans and leases to deposits
41.21%Net loans and leases to core deposits
46.76%Equity capital to assets
10.42%Core capital (leverage) ratio
10.53%Tier 1 risk-based capital ratio
23.02%Total risk-based capital ratio
Memoranda
$24Average assets
$109,498Average earning assets
$11,370Average equity
$101,626Average loans

List of branches

4 Texas Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	7602	First State Bank Of Ben Wheeler, Texas	14269 State Highway 64, Ben Wheeler, TX 75754	Febuary 17, 1911	Full Service Brick and Mortar
1	225993	Edom Branch	8159 Fm Road 279, Ben Wheeler, TX 75754	November 09, 1987	Full Service Brick and Mortar
2	360544	Canton Branch	Highway 19 And Fm 2909, Canton, TX 75103	July 05, 2001	Full Service Brick and Mortar
3	493773	Edgewood Branch	404 Hwy 80 W, Edgewood, TX 75117	April 06, 2009	Full Service Brick and Mortar

First State Bank of Ben Wheeler, Texas in Ben Wheeler, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

First State Bank of Ben Wheeler, Texas - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

First State Bank of Ben Wheeler, Texas in Ben Wheeler, Texas (TX)Overview, Financial Summary, Detailed Financial Reports, Branches

First State Bank of Ben Wheeler, Texas - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

First State Bank of Ben Wheeler, Texas in Ben Wheeler, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches