HCSB in Plainview, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

HCSB - Overview

  • General
  • FDIC Certificate #: 14562
    Status: Active
    Federal Reserve ID: 973364
    Bank Holding Company (Regulatory Top Holder): Haleco Bancshares, Inc. (RSSDID: 1103391, Location: Plainview, TX)
    Date Established: June 07, 1934
    WWW: http://www.hcsb.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 6 (Domestic: 6, Interstate: No)
    OTS Docket #: 9841
    FDIC's unique #: 9099
    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: July 10, 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: 201 West 6th Street, Plainview, TX 79072
    County: Hale
    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): Plainview, TX (#38380)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Change in Geographic Region/Area/Territory/Field Office
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $401.6 mil
    Equity capital: $35.4 mil
    Deposits held in domestic offices: $363.6 mil
    Return on assets (ROA): 1.39% ($5.6 mil)
    Quarterly return on assets: 1.21% ($4.9 mil)
    Return on Equity (ROE): 16.63% ($5.8 mil)
    Quarterly return on equity: 13.64% ($4.8 mil)
    Net income: $5.3 mil
    Quarterly Net income: $1.2 mil
    Pretax return on assets: 1.39% ($5,582.7 mil)
    Quarterly Pretax return on assets: 1.21% ($4,859.8 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
  • 106Total employees (full-time equivalent)
  • $401,635Total assets
  • $13,672Cash and due from depository institutions
  • $48Interest-bearing balances
  • $120,772Securities
  • $2,090Federal funds sold & reverse repurchase agreements
  • $239,400Net loans & leases
  • $2,725Loan loss allowance
  • $0Trading account assets
  • $12,325Bank premises and fixed assets
  • $161Other real estate owned
  • $90Goodwill and other intangibles
  • $401,635Life insurance assets
  • $13,125All other assets
  • $366,243Total liabilities and capital
  • $363,618Total liabilities
  • $282,488Total deposits
  • $363,618Interest-bearing deposits
  • $91Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $431Trading liabilities
  • $0Other borrowed funds
  • $2,194Subordinated debt
  • $35,392All other liabilities
  • $35,392Total equity capital
  • $35,392Total bank equity capital
  • $0Perpetual preferred stock
  • $1,000Common stock
  • $19,000Surplus
  • $15,392Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,410Income earned, not collected on loans
  • $27Earning assets
  • $2,462Long-term assets (5+ years)
  • $362,310Average Assets, year-to-date
  • $178,849Average Assets, quarterly
  • $379,155Volatile liabilities
  • $394,489Insider loans
  • $279,184FHLB advances
  • $392,399Loans and leases held for sale
  • $6,585Unused loan commitments
  • $6,585Tier 1 (core) risk-based capital
  • $33,678Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $42,486Restructured Loans and leases
  • $150Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $17,443Total interest income
  • $2,600Total interest expense
  • $14,843Net interest income
  • $352Provision for loan and lease losses
  • $3,188Total noninterest income
  • $722Fiduciary activities
  • $1,131Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,335Additional noninterest income
  • $13,202Total noninterest expense
  • $6,946Salaries and employee benefits
  • $1,808Premises and equipment expense
  • $4,448Additional noninterest expense
  • $4,477Pre-tax net operating income
  • $784Securities gains (losses)
  • $0Applicable income taxes
  • $5,261Income before extraordinary items
  • $0Extraordinary gains - net
  • $5,261Net income attributable to bank
  • $0Net charge-offs
  • $5,261Cash dividends
  • $205Sale, conversion, retirement of capital stock, net
  • $1,500Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.08%Yield on earning assets
  • 0.76%Cost of funding earning assets
  • 4.32%Net interest margin
  • 0.93%Noninterest income to earning assets
  • 3.84%Noninterest expense to earning assets
  • 1.18%Net operating income to assets
  • 1.39%Return on assets (ROA)
  • 1.39%Pretax return on assets
  • 16.63%Return on equity (ROE)
  • 11.89%Retained earnings to average equity (YTD only)
  • 0.09%Net charge-offs to loans
  • 171.71%Credit loss provision to net charge-offs
  • 23.56%Efficiency ratio
  • 73,218Assets per employee
  • 3.79%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 28.51%Loss allowance to loans
  • 1.13%Loss allowance to noncurrent loans
  • 113.07%Noncurrent assets plus other real estate owned to assets
  • 0.64%Noncurrent loans to loans
  • 1.00%Net loans and leases to deposits
  • 65.84%Net loans and leases to core deposits
  • 66.50%Equity capital to assets
  • 8.81%Core capital (leverage) ratio
  • 8.58%Tier 1 risk-based capital ratio
  • 12.06%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $379,155Average earning assets
  • $31,636Average equity
  • $343,686Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $147,071Managed Assets
  • 1Number of Accounts
  • $135,049Personal trust and agency accounts
  • $120,150Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $4,847Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $10,052Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 150Number of Accounts
  • $0Personal trust and agency accounts
  • $4,847Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $12,022Other retirement accounts
  • $1,294Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $6,775Fiduciary accounts held in foreign offices

List of branches

  • 6 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    09099Hcsb201 West 6th Street, Plainview, TX 79072June 07, 1934Full Service Brick and Mortar
    111881Hart Branch424 Broadway, Hart, TX 79043December 14, 1957Full Service Brick and Mortar
    212568Tulia Branch125 South Austin Street, Tulia, TX 79088January 24, 1963Full Service Brick and Mortar
    3231739West Branch3201 Olton Road, Plainview, TX 79072July 01, 1996Full Service Brick and Mortar
    4419367Kerrville Branch1145 Junction Highway, Kerrville, TX 78028December 16, 2002Full Service Brick and Mortar
    5478817Fredericksburg Branch710 South Adams St, Fredericksburg, TX 78624June 02, 2008Full Service Brick and Mortar

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