Homestead Bank, S.S.B. in College Station, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 11, 1997

  • Homestead Bank, S.S.B. in College Station, Texas (TX)
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Homestead Bank, S.S.B. - Overview

  • General
  • FDIC Certificate #: 31805
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Planters & Merchants State Bank (#10355)
    Federal Reserve ID: 525370
    Date Established: January 01, 1973
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 2 (Interstate: No)
    OTS Docket #: 7488
    FDIC's unique #: 44639
    Numeric code: 41
    Regulator: FDIC
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: Yes
    Date of Deposit Insurance: September 23, 1976
    Last Structure Change Effective Date: November 11, 1997
    Last Structure Change Process Date: December 31, 1997
    Last Data Update: December 31, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 2553 Texas Avenue South, College Station, TX 77840
    County: Brazos
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Austin
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Bryan-College Station, TX (#1260)
    Core Based Statistical Area (CBSA): College Station-Bryan, TX (#17780)
    CBSA Metro Statistical Area: College Station-Bryan, TX (#17780)
  • Financial Summary
  • Total assets: $31.1 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $23Total assets
  • $30,806Cash and due from depository institutions
  • $2,510Interest-bearing balances
  • $1,827Securities
  • $9,269Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $17,232Loan loss allowance
  • $135Trading account assets
  • $0Bank premises and fixed assets
  • $1,114Other real estate owned
  • $235Goodwill and other intangibles
  • $446Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $30,806Total liabilities
  • $28,616Total deposits
  • $26,209Interest-bearing deposits
  • $21,306Deposits held in domestic offices
  • 26209.00%% insured (estimated)
  • $100Federal funds purchased & repurchase agreements
  • $2,349Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $58Total equity capital
  • $58Total bank equity capital
  • $2,190Perpetual preferred stock
  • $0Common stock
  • $943Surplus
  • $324Undivided profits
  • Memoranda
  • $923Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $45Income earned, not collected on loans
  • $122Earning assets
  • $28,328Long-term assets (5+ years)
  • $2,991Average Assets, year-to-date
  • $30,177Average Assets, quarterly
  • $30,746Volatile liabilities
  • $4,106Insider loans
  • $152FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $119Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $2,196Total risk weighted assets
  • $15,269Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $2,141Total interest expense
  • $949Net interest income
  • $1,192Provision for loan and lease losses
  • $42Total noninterest income
  • $407Fiduciary activities
  • $0Service charges on deposit accounts
  • $375Trading account gains & fees
  • $0Additional noninterest income
  • $32Total noninterest expense
  • $1,571Salaries and employee benefits
  • $684Premises and equipment expense
  • $136Additional noninterest expense
  • $751Pre-tax net operating income
  • -$14Securities gains (losses)
  • $0Applicable income taxes
  • $0Income before extraordinary items
  • -$14Extraordinary gains - net
  • $0Net income attributable to bank
  • -$14Net charge-offs
  • $5Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.68%Cost of funding earning assets
  • 3.40%Net interest margin
  • 4.27%Noninterest income to earning assets
  • 1.46%Noninterest expense to earning assets
  • 5.63%Net operating income to assets
  • -0.05%Return on assets (ROA)
  • -0.05%Pretax return on assets
  • -0.05%Return on equity (ROE)
  • -0.63%Retained earnings to average equity (YTD only)
  • -0.63%Net charge-offs to loans
  • 0.03%Credit loss provision to net charge-offs
  • 840.00%Efficiency ratio
  • 98,249Assets per employee
  • 1.34%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.78%Loss allowance to noncurrent loans
  • 300.00%Noncurrent assets plus other real estate owned to assets
  • 0.91%Noncurrent loans to loans
  • 0.26%Net loans and leases to deposits
  • 65.75%Net loans and leases to core deposits
  • 70.47%Equity capital to assets
  • 7.11%Core capital (leverage) ratio
  • 7.29%Tier 1 risk-based capital ratio
  • 14.38%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $30,177Average earning assets
  • $2,208Average equity
  • $27,889Average loans

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