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 in Lubbock, Texas (TX)
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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
  • NoIDNameAddressEstablishedService TypeMap
    01990Lone Star State Bank Of West Texas2599 74th St., Lubbock, TX 79423August 09, 1919Full Service Brick and Mortar
    1463770Brownfield Branch301 W Main St, Brownfield, TX 79316December 03, 2007Full Service Brick and Mortar
    2469924Odessa Branch2975 Jbs Pkwy, Odessa, TX 79762December 04, 2007Full Service Brick and Mortar
    3478844Big Spring Branch600 E. Fm 700, Big Spring, TX 79720April 21, 2008Full Service Brick and Mortar

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