Justin State Bank in Justin, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches


Justin State Bank - Overview

  • General
  • FDIC Certificate #: 12308
    Status: Active
    Federal Reserve ID: 866055
    Date Established: January 24, 1907
    WWW: http://www.justinstbank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    OTS Docket #: 12893
    FDIC's unique #: 7825
    Numeric code: 21
    Regulator: FDIC
    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: January 01, 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: 412 South Highway 156, Justin, TX 76247
    County: Denton
    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
    Metropolitan Statistical Area (MSA): Dallas, TX (#1920)
    Consolidated Metropolitan Statistical Area (CMSA): Dallas-Fort Worth, TX (#31)
    Combined Statistical Area (CSA): Dallas-Fort Worth, TX (#206)
    Core Based Statistical Area (CBSA): Dallas-Fort Worth-Arlington, TX (#19100)
    CBSA Metro Statistical Area: Dallas-Fort Worth-Arlington, TX (#19100)
    Core Based Statistical Division: Dallas-Plano-Irving, TX (#19124)
  • History of Changes
  • Change in Location
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $68.9 mil
    Equity capital: $8.2 mil
    Deposits held in domestic offices: $60.6 mil
    Return on assets (ROA): 1.54% ($1.1 mil)
    Quarterly return on assets: 0.17% ($0.1 mil)
    Return on Equity (ROE): 13.07% ($1.0 mil)
    Quarterly return on equity: 1.47% ($0.1 mil)
    Net income: $1.1 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 1.54% ($1,060.6 mil)
    Quarterly Pretax return on assets: 0.17% ($117.1 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
  • 21Total employees (full-time equivalent)
  • $68,873Total assets
  • $7,696Cash and due from depository institutions
  • $7,139Interest-bearing balances
  • $1,041Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $54,797Net loans & leases
  • $805Loan loss allowance
  • $0Trading account assets
  • $491Bank premises and fixed assets
  • $2,798Other real estate owned
  • $0Goodwill and other intangibles
  • $68,873Life insurance assets
  • $2,050All other assets
  • $60,650Total liabilities and capital
  • $60,583Total liabilities
  • $46,227Total deposits
  • $60,583Interest-bearing deposits
  • $85Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $67Subordinated debt
  • $8,223All other liabilities
  • $8,223Total equity capital
  • $8,223Total bank equity capital
  • $0Perpetual preferred stock
  • $1,162Common stock
  • $3,201Surplus
  • $3,860Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,646Income earned, not collected on loans
  • $0Earning assets
  • $230Long-term assets (5+ years)
  • $62,977Average Assets, year-to-date
  • $42,336Average Assets, quarterly
  • $68,914Volatile liabilities
  • $70,887Insider loans
  • $47,823FHLB advances
  • $72,393Loans and leases held for sale
  • $1,346Unused loan commitments
  • $1,346Tier 1 (core) risk-based capital
  • $8,206Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,784Restructured Loans and leases
  • $64Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,689Total interest income
  • $246Total interest expense
  • $3,443Net interest income
  • -$230Provision for loan and lease losses
  • $412Total noninterest income
  • $0Fiduciary activities
  • $223Service charges on deposit accounts
  • $0Trading account gains & fees
  • $189Additional noninterest income
  • $3,024Total noninterest expense
  • $1,542Salaries and employee benefits
  • $252Premises and equipment expense
  • $1,230Additional noninterest expense
  • $1,061Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $1,061Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,061Net income attributable to bank
  • $0Net charge-offs
  • $1,061Cash dividends
  • $84Sale, conversion, retirement of capital stock, net
  • $407Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.90%Yield on earning assets
  • 0.39%Cost of funding earning assets
  • 5.51%Net interest margin
  • 0.66%Noninterest income to earning assets
  • 4.84%Noninterest expense to earning assets
  • 1.54%Net operating income to assets
  • 1.54%Return on assets (ROA)
  • 1.54%Pretax return on assets
  • 13.07%Return on equity (ROE)
  • 8.06%Retained earnings to average equity (YTD only)
  • 0.15%Net charge-offs to loans
  • -273.81%Credit loss provision to net charge-offs
  • 9.89%Efficiency ratio
  • 78,444Assets per employee
  • 3.28%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 38.36%Loss allowance to loans
  • 1.45%Loss allowance to noncurrent loans
  • 30.42%Noncurrent assets plus other real estate owned to assets
  • 7.90%Noncurrent loans to loans
  • 4.76%Net loans and leases to deposits
  • 90.45%Net loans and leases to core deposits
  • 92.06%Equity capital to assets
  • 11.94%Core capital (leverage) ratio
  • 11.34%Tier 1 risk-based capital ratio
  • 17.16%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $68,914Average earning assets
  • $8,118Average equity
  • $62,526Average loans

List of branches

  • 1 Texas Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    07825Justin State Bank412 South Highway 156, Justin, TX 76247January 24, 1907Full Service Brick and Mortar

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