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

Lindale State Bank - Overview

  • General
  • FDIC Certificate #: 16278
    Status: Active
    Federal Reserve ID: 568751
    Bank Holding Company (Regulatory Top Holder): Overton Financial Corporation (RSSDID: 1138423, Location: Overton, TX)
    Date Established: June 21, 1945
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 10467
    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: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: June 21, 1945
    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: 101 South Main Street, Lindale, TX 75771
    County: Smith
    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): Tyler, TX (#8640)
    Combined Statistical Area (CSA): Tyler-Jacksonville, TX (#540)
    Core Based Statistical Area (CBSA): Tyler, TX (#46340)
    CBSA Metro Statistical Area: Tyler, TX (#46340)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $105.4 mil
    Equity capital: $11.5 mil
    Deposits held in domestic offices: $93.9 mil
    Return on assets (ROA): 0.79% ($0.8 mil)
    Quarterly return on assets: 0.62% ($0.7 mil)
    Return on Equity (ROE): 7.50% ($0.8 mil)
    Quarterly return on equity: 5.65% ($0.6 mil)
    Net income: $0.8 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 1.02% ($1,075.3 mil)
    Quarterly Pretax return on assets: 0.75% ($790.7 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
  • 29Total employees (full-time equivalent)
  • $105,425Total assets
  • $17,540Cash and due from depository institutions
  • $8,890Interest-bearing balances
  • $19,838Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $63,982Net loans & leases
  • $1,376Loan loss allowance
  • $0Trading account assets
  • $1,280Bank premises and fixed assets
  • $780Other real estate owned
  • $0Goodwill and other intangibles
  • $105,425Life insurance assets
  • $2,005All other assets
  • $93,949Total liabilities and capital
  • $93,869Total liabilities
  • $72,350Total deposits
  • $93,869Interest-bearing deposits
  • $92Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $80Subordinated debt
  • $11,476All other liabilities
  • $11,476Total equity capital
  • $11,476Total bank equity capital
  • $0Perpetual preferred stock
  • $200Common stock
  • $4,300Surplus
  • $6,976Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $165Income earned, not collected on loans
  • $0Earning assets
  • $504Long-term assets (5+ years)
  • $92,710Average Assets, year-to-date
  • $32,004Average Assets, quarterly
  • $104,653Volatile liabilities
  • $104,158Insider loans
  • $72,808FHLB advances
  • $103,867Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $11,038Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $9,422Restructured Loans and leases
  • $378Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,889Total interest income
  • $564Total interest expense
  • $3,325Net interest income
  • $80Provision for loan and lease losses
  • $1,086Total noninterest income
  • $0Fiduciary activities
  • $771Service charges on deposit accounts
  • $0Trading account gains & fees
  • $315Additional noninterest income
  • $3,265Total noninterest expense
  • $1,641Salaries and employee benefits
  • $452Premises and equipment expense
  • $1,172Additional noninterest expense
  • $1,066Pre-tax net operating income
  • $0Securities gains (losses)
  • $240Applicable income taxes
  • $826Income before extraordinary items
  • $0Extraordinary gains - net
  • $826Net income attributable to bank
  • $0Net charge-offs
  • $826Cash dividends
  • $80Sale, conversion, retirement of capital stock, net
  • $50Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.32%Yield on earning assets
  • 0.63%Cost of funding earning assets
  • 3.69%Net interest margin
  • 1.21%Noninterest income to earning assets
  • 3.63%Noninterest expense to earning assets
  • 0.79%Net operating income to assets
  • 0.79%Return on assets (ROA)
  • 1.02%Pretax return on assets
  • 7.50%Return on equity (ROE)
  • 7.05%Retained earnings to average equity (YTD only)
  • 0.12%Net charge-offs to loans
  • 100.00%Credit loss provision to net charge-offs
  • 14.32%Efficiency ratio
  • 74,019Assets per employee
  • 3.64%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 6.05%Loss allowance to loans
  • 2.11%Loss allowance to noncurrent loans
  • 833.94%Noncurrent assets plus other real estate owned to assets
  • 0.90%Noncurrent loans to loans
  • 0.25%Net loans and leases to deposits
  • 68.16%Net loans and leases to core deposits
  • 73.52%Equity capital to assets
  • 10.89%Core capital (leverage) ratio
  • 10.63%Tier 1 risk-based capital ratio
  • 15.16%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $104,653Average earning assets
  • $11,007Average equity
  • $90,027Average loans

List of branches

  • 2 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    010467Lindale State Bank101 South Main Street, Lindale, TX 75771June 21, 1945Full Service Brick and Mortar
    2237832Lindale Branch16921 Village Lake Dr, Lindale, TX 75771July 20, 1998Full Service Brick and Mortar

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