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

First State Bank of Miami, Texas - Overview

  • General
  • FDIC Certificate #: 11144
    Status: Active
    Federal Reserve ID: 230357
    Bank Holding Company (Regulatory Top Holder): Miami Bancshares, Inc. (RSSDID: 1407017, Location: Miami, TX)
    Date Established: July 01, 1927
    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 #: 7113
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Agricultural lending institution: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: April 17, 2008
    Last Data Update: April 17, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 100 South Main, Miami, TX 79059
    County: Roberts
    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
    Core Based Statistical Area (CBSA): Pampa, TX (#37420)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
    Change in Geographic Region/Area/Territory/Field Office
  • Financial Summary
  • Total assets: $50.1 mil
    Equity capital: $3.2 mil
    Deposits held in domestic offices: $46.9 mil
    Return on assets (ROA): 0.06% ($0.0 mil)
    Quarterly return on assets: -0.31% (-$0.2 mil)
    Return on Equity (ROE): 0.87% ($0.0 mil)
    Quarterly return on equity: -4.72% (-$0.1 mil)
    Net income: $0.0 mil
    Quarterly Net income: -$0.0 mil
    Pretax return on assets: 0.06% ($30.1 mil)
    Quarterly Pretax return on assets: -0.50% (-$250.6 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)
  • $50,128Total assets
  • $3,659Cash and due from depository institutions
  • $1,087Interest-bearing balances
  • $4,117Securities
  • $6,853Federal funds sold & reverse repurchase agreements
  • $33,457Net loans & leases
  • $565Loan loss allowance
  • $0Trading account assets
  • $623Bank premises and fixed assets
  • $30Other real estate owned
  • $0Goodwill and other intangibles
  • $50,128Life insurance assets
  • $1,389All other assets
  • $46,953Total liabilities and capital
  • $46,905Total liabilities
  • $32,991Total deposits
  • $46,905Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $48Subordinated debt
  • $3,175All other liabilities
  • $3,175Total equity capital
  • $3,175Total bank equity capital
  • $0Perpetual preferred stock
  • $350Common stock
  • $4,990Surplus
  • $-2,165Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $683Income earned, not collected on loans
  • $0Earning assets
  • $408Long-term assets (5+ years)
  • $45,514Average Assets, year-to-date
  • $11,028Average Assets, quarterly
  • $44,456Volatile liabilities
  • $48,551Insider loans
  • $30,789FHLB advances
  • $49,046Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $2,832Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,909Restructured Loans and leases
  • $2,850Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,025Total interest income
  • $332Total interest expense
  • $1,693Net interest income
  • $377Provision for loan and lease losses
  • $254Total noninterest income
  • $0Fiduciary activities
  • $119Service charges on deposit accounts
  • $0Trading account gains & fees
  • $135Additional noninterest income
  • $1,566Total noninterest expense
  • $621Salaries and employee benefits
  • $193Premises and equipment expense
  • $752Additional noninterest expense
  • $4Pre-tax net operating income
  • $24Securities gains (losses)
  • $0Applicable income taxes
  • $28Income before extraordinary items
  • $0Extraordinary gains - net
  • $28Net income attributable to bank
  • $0Net charge-offs
  • $28Cash dividends
  • $242Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.03%Yield on earning assets
  • 0.83%Cost of funding earning assets
  • 4.21%Net interest margin
  • 0.63%Noninterest income to earning assets
  • 3.89%Noninterest expense to earning assets
  • 0.01%Net operating income to assets
  • 0.06%Return on assets (ROA)
  • 0.06%Pretax return on assets
  • 0.87%Return on equity (ROE)
  • 0.87%Retained earnings to average equity (YTD only)
  • 0.80%Net charge-offs to loans
  • 155.79%Credit loss provision to net charge-offs
  • 1.57%Efficiency ratio
  • 80,431Assets per employee
  • 2.95%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.66%Loss allowance to noncurrent loans
  • 82.72%Noncurrent assets plus other real estate owned to assets
  • 1.42%Noncurrent loans to loans
  • 2.01%Net loans and leases to deposits
  • 71.33%Net loans and leases to core deposits
  • 73.93%Equity capital to assets
  • 6.33%Core capital (leverage) ratio
  • 5.77%Tier 1 risk-based capital ratio
  • 9.20%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $44,456Average earning assets
  • $3,214Average equity
  • $40,239Average loans

List of branches

  • 2 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    07113First State Bank Of Miami, Texas100 South Main, Miami, TX 79059July 01, 1927Full Service Brick and Mortar
    1224089Kingsmill Avenue Branch120 Kingsmill Avenue, Pampa, TX 79065Febuary 09, 1998Full Service Brick and Mortar

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