First State Bank of Mineral Wells in city_name, state_name - Detailed Financial Reports, Location

First State Bank of Mineral Wells in Mineral Wells, Texas (TX)
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First State Bank of Mineral Wells routing number info

First State Bank of Mineral Wells - Overview

General
FDIC Certificate #: 26929
Status: Active
Federal Reserve ID: 238755
Bank Holding Company (Regulatory Top Holder): Mineral Wells Bancshares, Inc. (RSSDID: 1833933, Location: Mineral Wells, TX)
Date Established: April 03, 1987
WWW: http://www.statebanktex.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 4 (Domestic: 4, Interstate: No)
FDIC's unique #: 36321
Numeric code: 13
Regulator: FED
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: Commercial Lending Specialization
Date of Deposit Insurance: April 03, 1987
Last Structure Change Effective Date: January 15, 2011
Last Structure Change Process Date: Febuary 15, 2011
Last Data Update: Febuary 15, 2011
Data Source Date: April 05, 2012
Location
Address: 101 Se 1st Street, Mineral Wells, TX 76067
County: Palo Pinto
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
Combined Statistical Area (CSA): Dallas-Fort Worth, TX (#206)
Core Based Statistical Area (CBSA): Mineral Wells, TX (#33420)
CBSA Micro Statistical Area: Yes
History of Changes
Office Purchased
Financial Summary
Total assets: $109.2 mil
Equity capital: $12.1 mil
Deposits held in domestic offices: $96.6 mil
Return on assets (ROA): 1.26% ($1.4 mil)
Quarterly return on assets: 1.27% ($1.4 mil)
Return on Equity (ROE): 11.43% ($1.4 mil)
Quarterly return on equity: 11.67% ($1.4 mil)
Net income: $1.3 mil
Quarterly Net income: $0.3 mil
Pretax return on assets: 1.26% ($1,375.5 mil)
Quarterly Pretax return on assets: 1.27% ($1,386.4 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)
$109,165Total assets
$21,279Cash and due from depository institutions
$18,177Interest-bearing balances
$11,244Securities
$0Federal funds sold & reverse repurchase agreements
$66,688Net loans & leases
$711Loan loss allowance
$0Trading account assets
$5,510Bank premises and fixed assets
$25Other real estate owned
$841Goodwill and other intangibles
$109,165Life insurance assets
$3,578All other assets
$97,098Total liabilities and capital
$96,563Total liabilities
$62,879Total deposits
$96,563Interest-bearing deposits
$90Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$535Subordinated debt
$12,067All other liabilities
$12,067Total equity capital
$12,067Total bank equity capital
$0Perpetual preferred stock
$800Common stock
$5,200Surplus
$6,067Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$55Income earned, not collected on loans
$0Earning assets
$361Long-term assets (5+ years)
$96,109Average Assets, year-to-date
$37,095Average Assets, quarterly
$102,420Volatile liabilities
$109,921Insider loans
$69,266FHLB advances
$110,295Loans and leases held for sale
$2,177Unused loan commitments
$822Tier 1 (core) risk-based capital
$10,876Tier 2 risk-based capital
$622Total risk weighted assets
$733Total unused commitments
$9,822Restructured Loans and leases
$1,815Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$4,472Total interest income
$429Total interest expense
$4,043Net interest income
$129Provision for loan and lease losses
$1,105Total noninterest income
$0Fiduciary activities
$606Service charges on deposit accounts
$0Trading account gains & fees
$499Additional noninterest income
$3,725Total noninterest expense
$1,840Salaries and employee benefits
$595Premises and equipment expense
$1,290Additional noninterest expense
$1,294Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$1,294Income before extraordinary items
$0Extraordinary gains - net
$1,294Net income attributable to bank
$0Net charge-offs
$1,294Cash dividends
$79Sale, conversion, retirement of capital stock, net
$500Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.92%Yield on earning assets
0.47%Cost of funding earning assets
4.45%Net interest margin
1.22%Noninterest income to earning assets
4.10%Noninterest expense to earning assets
1.26%Net operating income to assets
1.26%Return on assets (ROA)
1.26%Pretax return on assets
11.43%Return on equity (ROE)
7.02%Retained earnings to average equity (YTD only)
0.13%Net charge-offs to loans
163.29%Credit loss provision to net charge-offs
18.01%Efficiency ratio
71,737Assets per employee
3.52%Cash dividends to net income (YTD only)
Condition Ratios (%)
38.64%Loss allowance to loans
1.05%Loss allowance to noncurrent loans
1292.73%Noncurrent assets plus other real estate owned to assets
0.07%Noncurrent loans to loans
0.08%Net loans and leases to deposits
69.06%Net loans and leases to core deposits
72.17%Equity capital to assets
11.05%Core capital (leverage) ratio
9.86%Tier 1 risk-based capital ratio
15.70%Total risk-based capital ratio
Memoranda
$17Average assets
$102,420Average earning assets
$11,317Average equity
$90,817Average loans

List of branches

4 Texas Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	36321	First State Bank Of Mineral Wells	101 Se 1st Street, Mineral Wells, TX 76067	April 03, 1987	Full Service Brick and Mortar
2	260494	Mineral Wells Drive-Thru Branch	402 East Hubbard Street, Mineral Wells, TX 76067	September 09, 1992	Limited Service Facility
3	260495	Possum Kingdom Lake Branch	1404 Park Road 36, Graford, TX 76449	September 01, 1995	Full Service Brick and Mortar
4	453066	06 Weatherford Branch	1901 Wall Street, Weatherford, TX 76086	Febuary 01, 2006	Full Service Brick and Mortar

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

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

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