First State Bank of Matador in Matador, Texas (TX)



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First State Bank of Matador
GeneralFDIC Certificate #: 1205
Status: Inactive
Closing history: Change in Geographic Region/Area/Territory/Field Office
Acquiring institution: The First National Bank of Seymour (#5525)
Federal Reserve ID: 367552
Date Established: January 01, 1907
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 1 (Interstate: No)
FDIC's unique #: 825
Numeric code: 13
Regulator: FED
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: July 22, 2005
Last Structure Change Process Date: September 21, 2005
Last Data Update: September 21, 2005
Data Source Date: April 05, 2012
LocationAddress: Main Street And Dundee, Matador, TX 79244
County: Motley
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Lubbock
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
History of ChangesMerger - Without Assistance
Change in Geographic Region/Area/Territory/Field Office
Financial SummaryTotal assets: $12.5 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, 2004)
(Dollar figures in thousands)
Total employees (full-time equivalent)7
Total assets$12,206
Cash and due from depository institutions$1,064
Interest-bearing balances$0
Securities$8,055
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$2,918
Loan loss allowance $102
Trading account assets$0
Bank premises and fixed assets$13
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$156
Life insurance assets$0
Total liabilities and capital$12,206
Total liabilities$10,906
Total deposits$10,862
Interest-bearing deposits$3,298
Deposits held in domestic offices$10,862
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $0
All other liabilities $44
Total equity capital$1,300
Total bank equity capital$1,300
Perpetual preferred stock$1,300
Common stock$0
Surplus$200
Undivided profits $600
Memoranda
Noncurrent loans and leases $500
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $0
Earning assets $0
Long-term assets (5+ years) $0
Average Assets, year-to-date $60
Average Assets, quarterly $10,973
Volatile liabilities $4,613
Insider loans $11,759
FHLB advances $11,876
Loans and leases held for sale $1,509
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $0
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $0
Derivatives$65
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Income and Expense (December 31, 2004)
(Dollar figures in thousands)
Total interest income $470
Total interest expense $42
Net interest income $428
Provision for loan and lease losses -$21
Total noninterest income $74
Fiduciary activities $0
Service charges on deposit accounts $58
Trading account gains & fees $0
Additional noninterest income $16
Total noninterest expense $363
Salaries and employee benefits $211
Premises and equipment expense $70
Additional noninterest expense $82
Pre-tax net operating income $160
Securities gains (losses) $0
Applicable income taxes $60
Income before extraordinary items $100
Extraordinary gains - net $0
Net income attributable to bank $100
Net charge-offs $0
Cash dividends $0
Sale, conversion, retirement of capital stock, net -$21
Net operating income $0
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Performance and Condition Ratios (December 31, 2004)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.44%
Cost of funding earning assets 0.40%
Net interest margin 4.05%
Noninterest income to earning assets 0.70%
Noninterest expense to earning assets 3.43%
Net operating income to assets 0.85%
Return on assets (ROA) 0.85%
Pretax return on assets 1.36%
Return on equity (ROE) 7.99%
Retained earnings to average equity (YTD only) 7.99%
Net charge-offs to loans -0.75%
Credit loss provision to net charge-offs 100.00%
Efficiency ratio0.00%
Assets per employee$72,311
Cash dividends to net income (YTD only)1.74%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 3.38%
Noncurrent assets plus other real estate owned to assets 0.00%
Noncurrent loans to loans 0.00%
Net loans and leases to deposits0.00%
Net loans and leases to core deposits 26.86%
Equity capital to assets 31.20%
Core capital (leverage) ratio 10.65%
Tier 1 risk-based capital ratio 10.56%
Total risk-based capital ratio 25.19%
Memoranda
Average assets$26
Average earning assets$11,759
Average equity $1,252
Average loans $10,576
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