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

Muleshoe State Bank - Overview

  • General
  • FDIC Certificate #: 11939
    Status: Active
    Federal Reserve ID: 945969
    Bank Holding Company (Regulatory Top Holder): High Plains Bancshares, Inc. (RSSDID: 1832011, Location: Muleshoe, TX)
    Date Established: October 13, 1931
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 7624
    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: No
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: January 01, 1934
    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 West American Boulevard, Muleshoe, TX 79347
    County: Bailey
    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
  • History of Changes
  • Change in Geographic Region/Area/Territory/Field Office
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $108.2 mil
    Equity capital: $8.1 mil
    Deposits held in domestic offices: $98.4 mil
    Return on assets (ROA): 0.45% ($0.5 mil)
    Quarterly return on assets: 0.57% ($0.6 mil)
    Return on Equity (ROE): 5.93% ($0.5 mil)
    Quarterly return on equity: 7.42% ($0.6 mil)
    Net income: $0.5 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.51% ($551.7 mil)
    Quarterly Pretax return on assets: 0.72% ($778.8 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
  • 33Total employees (full-time equivalent)
  • $108,170Total assets
  • $31,866Cash and due from depository institutions
  • $16,037Interest-bearing balances
  • $30,630Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $41,765Net loans & leases
  • $516Loan loss allowance
  • $0Trading account assets
  • $607Bank premises and fixed assets
  • $50Other real estate owned
  • $0Goodwill and other intangibles
  • $108,170Life insurance assets
  • $3,252All other assets
  • $100,100Total liabilities and capital
  • $98,443Total liabilities
  • $62,166Total deposits
  • $98,443Interest-bearing deposits
  • $90Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $243Trading liabilities
  • $0Other borrowed funds
  • $1,414Subordinated debt
  • $8,070All other liabilities
  • $8,070Total equity capital
  • $8,070Total bank equity capital
  • $0Perpetual preferred stock
  • $1,000Common stock
  • $5,000Surplus
  • $2,070Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $447Income earned, not collected on loans
  • $0Earning assets
  • $869Long-term assets (5+ years)
  • $88,432Average Assets, year-to-date
  • $38,752Average Assets, quarterly
  • $100,954Volatile liabilities
  • $103,953Insider loans
  • $68,306FHLB advances
  • $103,208Loans and leases held for sale
  • $1,157Unused loan commitments
  • $563Tier 1 (core) risk-based capital
  • $7,320Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $594Total unused commitments
  • $15,227Restructured Loans and leases
  • $1,613Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,677Total interest income
  • $449Total interest expense
  • $3,228Net interest income
  • $70Provision for loan and lease losses
  • $572Total noninterest income
  • $0Fiduciary activities
  • $256Service charges on deposit accounts
  • $0Trading account gains & fees
  • $316Additional noninterest income
  • $3,213Total noninterest expense
  • $1,765Salaries and employee benefits
  • $434Premises and equipment expense
  • $1,014Additional noninterest expense
  • $517Pre-tax net operating income
  • $0Securities gains (losses)
  • $60Applicable income taxes
  • $457Income before extraordinary items
  • $0Extraordinary gains - net
  • $457Net income attributable to bank
  • $0Net charge-offs
  • $457Cash dividends
  • $44Sale, conversion, retirement of capital stock, net
  • $338Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.31%Yield on earning assets
  • 0.53%Cost of funding earning assets
  • 3.79%Net interest margin
  • 0.67%Noninterest income to earning assets
  • 3.77%Noninterest expense to earning assets
  • 0.45%Net operating income to assets
  • 0.45%Return on assets (ROA)
  • 0.51%Pretax return on assets
  • 5.93%Return on equity (ROE)
  • 1.54%Retained earnings to average equity (YTD only)
  • 0.10%Net charge-offs to loans
  • 159.09%Credit loss provision to net charge-offs
  • 13.34%Efficiency ratio
  • 84,553Assets per employee
  • 3.28%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 73.96%Loss allowance to loans
  • 1.22%Loss allowance to noncurrent loans
  • 115.44%Noncurrent assets plus other real estate owned to assets
  • 0.46%Noncurrent loans to loans
  • 1.06%Net loans and leases to deposits
  • 42.43%Net loans and leases to core deposits
  • 45.06%Equity capital to assets
  • 7.46%Core capital (leverage) ratio
  • 7.09%Tier 1 risk-based capital ratio
  • 10.72%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $100,954Average earning assets
  • $7,710Average equity
  • $85,243Average loans

List of branches

  • 2 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    07624Muleshoe State Bank101 West American Boulevard, Muleshoe, TX 79347October 13, 1931Full Service Brick and Mortar
    2226002Farwell Branch801 Avenue A, Farwell, TX 79325Febuary 03, 1992Full Service Brick and Mortar

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