Mills County State Bank in Goldthwaite, Texas (TX)



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Mills County State Bank routing number info

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Mills County State Bank
GeneralFDIC Certificate #: 15669
Status: Active
Federal Reserve ID: 522753
Bank Holding Company (Regulatory Top Holder): Goldthwaite Bancshares, Inc. (RSSDID: 1103999, Location: Goldthwaite, TX)
Date Established: November 24, 1908
WWW: http://www.mcsbtexas.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Domestic: 4, Interstate: No)
FDIC's unique #: 9943
Numeric code: 21
Regulator: FDIC
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: June 20, 1939
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
LocationAddress: 1017 Parker Street, Goldthwaite, TX 76844
County: Mills
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
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $213.0 mil
Equity capital: $24.5 mil
Deposits held in domestic offices: $184.7 mil
Return on assets (ROA): 1.30% ($2.8 mil)
Quarterly return on assets: 1.30% ($2.8 mil)
Return on Equity (ROE): 11.61% ($2.8 mil)
Quarterly return on equity: 11.31% ($2.7 mil)
Net income: $2.7 mil
Quarterly Net income: $0.7 mil
Pretax return on assets: 1.30% ($2,768.7 mil)
Quarterly Pretax return on assets: 1.30% ($2,768.7 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)
Total employees (full-time equivalent)65
Total assets$212,977
Cash and due from depository institutions$30,457
Interest-bearing balances$21,829
Securities$73,296
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$104,126
Loan loss allowance $1,252
Trading account assets$0
Bank premises and fixed assets$1,613
Other real estate owned$327
Goodwill and other intangibles$0
All other assets$3,158
Life insurance assets$212,977
Total liabilities and capital$188,517
Total liabilities$184,713
Total deposits$140,930
Interest-bearing deposits$184,713
Deposits held in domestic offices$94
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$2,834
Other borrowed funds $0
Subordinated debt $970
All other liabilities $24,460
Total equity capital$24,460
Total bank equity capital$24,460
Perpetual preferred stock$0
Common stock$1,500
Surplus$6,500
Undivided profits $16,460
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $1,885
Earning assets $84
Long-term assets (5+ years) $1,370
Average Assets, year-to-date $199,251
Average Assets, quarterly $85,992
Volatile liabilities $209,275
Insider loans $213,703
FHLB advances $107,105
Loans and leases held for sale $213,034
Unused loan commitments $747
Tier 1 (core) risk-based capital $747
Tier 2 risk-based capital $22,178
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $9,819
Derivatives$1,166
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $8,240
Total interest expense $1,149
Net interest income $7,091
Provision for loan and lease losses $254
Total noninterest income $1,457
Fiduciary activities $0
Service charges on deposit accounts $1,267
Trading account gains & fees $0
Additional noninterest income $190
Total noninterest expense $5,567
Salaries and employee benefits $3,103
Premises and equipment expense $587
Additional noninterest expense $1,877
Pre-tax net operating income $2,727
Securities gains (losses) $0
Applicable income taxes $0
Income before extraordinary items $2,727
Extraordinary gains - net $0
Net income attributable to bank $2,727
Net charge-offs $0
Cash dividends $2,727
Sale, conversion, retirement of capital stock, net $33
Net operating income $1,510
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.21%
Cost of funding earning assets 0.59%
Net interest margin 3.62%
Noninterest income to earning assets 0.74%
Noninterest expense to earning assets 2.85%
Net operating income to assets 1.30%
Return on assets (ROA) 1.30%
Pretax return on assets 1.30%
Return on equity (ROE) 11.61%
Retained earnings to average equity (YTD only) 5.18%
Net charge-offs to loans 0.03%
Credit loss provision to net charge-offs 769.70%
Efficiency ratio90.33%
Assets per employee$65,126
Cash dividends to net income (YTD only)3.28%
Condition Ratios (%)
Loss allowance to loans 55.37%
Loss allowance to noncurrent loans 1.19%
Noncurrent assets plus other real estate owned to assets 66.42%
Noncurrent loans to loans 1.04%
Net loans and leases to deposits1.79%
Net loans and leases to core deposits 56.37%
Equity capital to assets 58.97%
Core capital (leverage) ratio 11.48%
Tier 1 risk-based capital ratio 10.41%
Total risk-based capital ratio 20.71%
Memoranda
Average assets$22
Average earning assets$209,275
Average equity $23,489
Average loans $195,639
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4 Texas Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
09943Mills County State Bank1017 Parker Street, Goldthwaite, TX 76844November 24, 1908Full Service Brick and Mortar
1234927Brownwood Branch3101 Austin Avenue, Brownwood, TX 76801December 30, 1992Full Service Brick and Mortar
2234928Early Branch411 Early Boulevard, Early, TX 76801July 05, 1995Full Service Brick and Mortar
3453824Mills County State Bank Branch1005 E Main Street, Hamilton, TX 76531October 12, 2005Full Service Brick and Mortar
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