LONE STAR STATE BANK OF WEST TEXAS in city_name, state_name

LONE STAR STATE BANK OF WEST TEXAS in Lubbock, Texas (TX)
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LONE STAR STATE BANK OF WEST TEXAS routing number info

LONE STAR STATE BANK OF WEST TEXAS - Overview

General
FDIC Certificate #: 3116
Status: Active
Federal Reserve ID: 3607062
Bank Holding Company (Regulatory Top Holder): Lone Star State Bancshares, Inc. (RSSDID: 3641767, Location: Lubbock, TX)
Date Established: August 09, 1919
WWW: http://www.lonestarwtx.com
Trust Powers Granted: Yes
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 #: 1990
Numeric code: 13
Regulator: FED
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: Yes
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: January 08, 2009
Last Structure Change Process Date: January 08, 2009
Last Data Update: January 08, 2009
Data Source Date: April 05, 2012
Location
Address: 2599 74th St., Lubbock, TX 79423
County: Lubbock
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
Metropolitan Statistical Area (MSA): Lubbock, TX (#4600)
Combined Statistical Area (CSA): Lubbock-Levelland, TX (#352)
Core Based Statistical Area (CBSA): Lubbock, TX (#31180)
CBSA Metro Statistical Area: Lubbock, TX (#31180)
History of Changes
Change in Location
Financial Summary
Total assets: $431.3 mil
Equity capital: $46.6 mil
Deposits held in domestic offices: $384.4 mil
Return on assets (ROA): 1.13% ($4.9 mil)
Quarterly return on assets: 1.20% ($5.2 mil)
Return on Equity (ROE): 10.21% ($4.8 mil)
Quarterly return on equity: 11.06% ($5.2 mil)
Net income: $4.6 mil
Quarterly Net income: $1.3 mil
Pretax return on assets: 1.13% ($4,874.0 mil)
Quarterly Pretax return on assets: 1.20% ($5,175.9 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
74Total employees (full-time equivalent)
$431,324Total assets
$37,304Cash and due from depository institutions
$24,532Interest-bearing balances
$36,440Securities
$0Federal funds sold & reverse repurchase agreements
$334,626Net loans & leases
$4,997Loan loss allowance
$0Trading account assets
$5,367Bank premises and fixed assets
$0Other real estate owned
$10,292Goodwill and other intangibles
$431,324Life insurance assets
$7,295All other assets
$384,698Total liabilities and capital
$384,396Total liabilities
$270,659Total deposits
$384,396Interest-bearing deposits
$83Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$34Trading liabilities
$0Other borrowed funds
$268Subordinated debt
$46,626All other liabilities
$46,626Total equity capital
$46,626Total bank equity capital
$0Perpetual preferred stock
$2,250Common stock
$39,434Surplus
$4,942Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$182Income earned, not collected on loans
$0Earning assets
$3,897Long-term assets (5+ years)
$395,598Average Assets, year-to-date
$37,469Average Assets, quarterly
$407,689Volatile liabilities
$424,805Insider loans
$372,264FHLB advances
$409,424Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$35,816Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$70,835Restructured Loans and leases
$20,643Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$18,278Total interest income
$3,214Total interest expense
$15,064Net interest income
$1,382Provision for loan and lease losses
$672Total noninterest income
$47Fiduciary activities
$370Service charges on deposit accounts
$0Trading account gains & fees
$255Additional noninterest income
$9,743Total noninterest expense
$6,424Salaries and employee benefits
$749Premises and equipment expense
$2,570Additional noninterest expense
$4,611Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$4,611Income before extraordinary items
$0Extraordinary gains - net
$4,611Net income attributable to bank
$0Net charge-offs
$4,611Cash dividends
$134Sale, conversion, retirement of capital stock, net
$2,750Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.87%Yield on earning assets
0.86%Cost of funding earning assets
4.01%Net interest margin
0.18%Noninterest income to earning assets
2.59%Noninterest expense to earning assets
1.13%Net operating income to assets
1.13%Return on assets (ROA)
1.13%Pretax return on assets
10.21%Return on equity (ROE)
4.12%Retained earnings to average equity (YTD only)
0.04%Net charge-offs to loans
1031.34%Credit loss provision to net charge-offs
44.72%Efficiency ratio
59,450Assets per employee
5.83%Cash dividends to net income (YTD only)
Condition Ratios (%)
59.64%Loss allowance to loans
1.47%Loss allowance to noncurrent loans
2745.60%Noncurrent assets plus other real estate owned to assets
0.04%Noncurrent loans to loans
0.05%Net loans and leases to deposits
87.05%Net loans and leases to core deposits
99.34%Equity capital to assets
10.81%Core capital (leverage) ratio
8.75%Tier 1 risk-based capital ratio
9.62%Total risk-based capital ratio
Memoranda
$11Average assets
$407,689Average earning assets
$45,164Average equity
$375,612Average 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
$2,023Managed Assets
1Number of Accounts
$1,691Personal trust and agency accounts
$1,691Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
16Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$332Other retirement accounts
$332Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices

List of branches

4 Texas Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	1990	Lone Star State Bank Of West Texas	2599 74th St., Lubbock, TX 79423	August 09, 1919	Full Service Brick and Mortar
1	463770	Brownfield Branch	301 W Main St, Brownfield, TX 79316	December 03, 2007	Full Service Brick and Mortar
2	469924	Odessa Branch	2975 Jbs Pkwy, Odessa, TX 79762	December 04, 2007	Full Service Brick and Mortar
3	478844	Big Spring Branch	600 E. Fm 700, Big Spring, TX 79720	April 21, 2008	Full Service Brick and Mortar

LONE STAR STATE BANK OF WEST TEXAS in Lubbock, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

LONE STAR STATE BANK OF WEST TEXAS - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

LONE STAR STATE BANK OF WEST TEXAS in Lubbock, Texas (TX)Overview, Financial Summary, Detailed Financial Reports, Branches

LONE STAR STATE BANK OF WEST TEXAS - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

LONE STAR STATE BANK OF WEST TEXAS in Lubbock, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches