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

Memphis State Bank - Overview

  • General
  • FDIC Certificate #: 26614
    Status: Active
    Federal Reserve ID: 495857
    Bank Holding Company (Regulatory Top Holder): Baylor Bancshares, Inc. (RSSDID: 1104307, Location: Seymour, TX)
    Date Established: March 27, 1986
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 35338
    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: No
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: March 27, 1986
    Last Structure Change Effective Date: October 18, 2011
    Last Structure Change Process Date: October 21, 2011
    Last Data Update: October 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 621 Noel Street, Memphis, TX 79245
    County: Hall
    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
  • Financial Summary
  • Total assets: $34.4 mil
    Equity capital: $3.9 mil
    Deposits held in domestic offices: $30.5 mil
    Return on assets (ROA): 0.57% ($0.2 mil)
    Quarterly return on assets: 0.26% ($0.1 mil)
    Return on Equity (ROE): 4.72% ($0.2 mil)
    Quarterly return on equity: 2.20% ($0.1 mil)
    Net income: $0.2 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 0.82% ($281.8 mil)
    Quarterly Pretax return on assets: 0.52% ($178.7 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
  • 12Total employees (full-time equivalent)
  • $34,364Total assets
  • $1,287Cash and due from depository institutions
  • $0Interest-bearing balances
  • $23,907Securities
  • $1,900Federal funds sold & reverse repurchase agreements
  • $5,899Net loans & leases
  • $80Loan loss allowance
  • $0Trading account assets
  • $203Bank premises and fixed assets
  • $0Other real estate owned
  • $762Goodwill and other intangibles
  • $34,364Life insurance assets
  • $406All other assets
  • $30,501Total liabilities and capital
  • $30,467Total liabilities
  • $19,894Total deposits
  • $30,467Interest-bearing deposits
  • $98Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $34Subordinated debt
  • $3,863All other liabilities
  • $3,863Total equity capital
  • $3,863Total bank equity capital
  • $0Perpetual preferred stock
  • $400Common stock
  • $1,200Surplus
  • $2,263Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $24Income earned, not collected on loans
  • $0Earning assets
  • $215Long-term assets (5+ years)
  • $31,706Average Assets, year-to-date
  • $23,941Average Assets, quarterly
  • $32,620Volatile liabilities
  • $33,752Insider loans
  • $11,626FHLB advances
  • $34,003Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $3,183Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,247Restructured Loans and leases
  • $304Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $909Total interest income
  • $91Total interest expense
  • $818Net interest income
  • $0Provision for loan and lease losses
  • $195Total noninterest income
  • $0Fiduciary activities
  • $166Service charges on deposit accounts
  • $0Trading account gains & fees
  • $29Additional noninterest income
  • $911Total noninterest expense
  • $456Salaries and employee benefits
  • $92Premises and equipment expense
  • $363Additional noninterest expense
  • $102Pre-tax net operating income
  • $166Securities gains (losses)
  • $83Applicable income taxes
  • $185Income before extraordinary items
  • $0Extraordinary gains - net
  • $185Net income attributable to bank
  • $0Net charge-offs
  • $185Cash dividends
  • $3Sale, conversion, retirement of capital stock, net
  • $185Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.08%Yield on earning assets
  • 0.31%Cost of funding earning assets
  • 2.77%Net interest margin
  • 0.66%Noninterest income to earning assets
  • 3.08%Noninterest expense to earning assets
  • 0.22%Net operating income to assets
  • 0.57%Return on assets (ROA)
  • 0.82%Pretax return on assets
  • 4.72%Return on equity (ROE)
  • 0.00%Retained earnings to average equity (YTD only)
  • 0.05%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 34.00%Efficiency ratio
  • 89,931Assets per employee
  • 2.86%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 100.00%Loss allowance to loans
  • 1.34%Loss allowance to noncurrent loans
  • 333.33%Noncurrent assets plus other real estate owned to assets
  • 0.07%Noncurrent loans to loans
  • 0.40%Net loans and leases to deposits
  • 19.36%Net loans and leases to core deposits
  • 19.36%Equity capital to assets
  • 11.24%Core capital (leverage) ratio
  • 9.36%Tier 1 risk-based capital ratio
  • 27.38%Total risk-based capital ratio
  • Memoranda
  • $28Average assets
  • $32,620Average earning assets
  • $3,922Average equity
  • $29,534Average loans

List of branches

  • 3 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    035338Memphis State Bank621 Noel Street, Memphis, TX 79245March 27, 1986Full Service Brick and Mortar
    310315Main Street BranchMain Street, Turkey, TX 79261October 11, 1943Full Service Brick and Mortar
    4232092White Deer Branch - Memphis State Ba221 Main Street, White Deer, TX 79097September 13, 1996Full Service Brick and Mortar

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