Pilgrim Bank in city_name, state_name - Detailed Financial Reports, Location

Pilgrim Bank in Pittsburg, Texas (TX)
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Pilgrim Bank routing number info

Pilgrim Bank - Overview

General
FDIC Certificate #: 16891
Status: Active
Federal Reserve ID: 911160
Bank Holding Company (Regulatory Top Holder): Pilgrim Bancorporation (RSSDID: 2098412, Location: Mount Pleasant, TX)
Date Established: January 01, 1911
WWW: http://www.pilgrimbank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 8 (Domestic: 8, Interstate: No)
OTS Docket #: 11157
FDIC's unique #: 10980
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: Febuary 24, 1950
Last Structure Change Effective Date: November 16, 2009
Last Structure Change Process Date: November 17, 2009
Last Data Update: November 17, 2009
Data Source Date: April 05, 2012
Location
Address: 237 Jefferson Street, Pittsburg, TX 75686
County: Camp
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 Changes
Participated in Absorption/Consolidation/Merger
Financial Summary
Total assets: $379.5 mil
Equity capital: $41.5 mil
Deposits held in domestic offices: $302.3 mil
Return on assets (ROA): 0.84% ($3.2 mil)
Quarterly return on assets: 0.95% ($3.6 mil)
Return on Equity (ROE): 7.88% ($3.3 mil)
Quarterly return on equity: 8.60% ($3.6 mil)
Net income: $3.1 mil
Quarterly Net income: $0.9 mil
Pretax return on assets: 1.01% ($3,833.4 mil)
Quarterly Pretax return on assets: 0.97% ($3,681.6 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
70Total employees (full-time equivalent)
$379,547Total assets
$5,446Cash and due from depository institutions
$722Interest-bearing balances
$167,847Securities
$0Federal funds sold & reverse repurchase agreements
$182,372Net loans & leases
$1,292Loan loss allowance
$0Trading account assets
$8,850Bank premises and fixed assets
$926Other real estate owned
$9,107Goodwill and other intangibles
$379,547Life insurance assets
$4,999All other assets
$338,004Total liabilities and capital
$302,295Total liabilities
$263,800Total deposits
$302,295Interest-bearing deposits
$84Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$35,079Trading liabilities
$0Other borrowed funds
$630Subordinated debt
$41,543All other liabilities
$41,543Total equity capital
$41,543Total bank equity capital
$0Perpetual preferred stock
$1,586Common stock
$29,362Surplus
$10,595Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$424Income earned, not collected on loans
$0Earning assets
$1,978Long-term assets (5+ years)
$350,941Average Assets, year-to-date
$92,933Average Assets, quarterly
$372,543Volatile liabilities
$372,840Insider loans
$183,392FHLB advances
$364,246Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$31,044Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$14,257Restructured Loans and leases
$5,231Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$15,937Total interest income
$4,879Total interest expense
$11,058Net interest income
$45Provision for loan and lease losses
$1,238Total noninterest income
$0Fiduciary activities
$621Service charges on deposit accounts
$0Trading account gains & fees
$617Additional noninterest income
$8,934Total noninterest expense
$4,335Salaries and employee benefits
$1,785Premises and equipment expense
$2,814Additional noninterest expense
$3,317Pre-tax net operating income
$464Securities gains (losses)
$668Applicable income taxes
$3,113Income before extraordinary items
$0Extraordinary gains - net
$3,113Net income attributable to bank
$0Net charge-offs
$3,113Cash dividends
$317Sale, conversion, retirement of capital stock, net
$1,525Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.64%Yield on earning assets
1.42%Cost of funding earning assets
3.22%Net interest margin
0.36%Noninterest income to earning assets
2.60%Noninterest expense to earning assets
0.73%Net operating income to assets
0.84%Return on assets (ROA)
1.01%Pretax return on assets
7.88%Return on equity (ROE)
4.02%Retained earnings to average equity (YTD only)
0.17%Net charge-offs to loans
14.20%Credit loss provision to net charge-offs
10.61%Efficiency ratio
71,747Assets per employee
5.42%Cash dividends to net income (YTD only)
Condition Ratios (%)
48.99%Loss allowance to loans
0.70%Loss allowance to noncurrent loans
304.72%Noncurrent assets plus other real estate owned to assets
0.36%Noncurrent loans to loans
0.23%Net loans and leases to deposits
60.33%Net loans and leases to core deposits
66.43%Equity capital to assets
10.95%Core capital (leverage) ratio
8.52%Tier 1 risk-based capital ratio
16.93%Total risk-based capital ratio
Memoranda
$18Average assets
$372,543Average earning assets
$39,506Average equity
$343,408Average loans

List of branches

8 Texas Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	10980	Pilgrim Bank	237 Jefferson Street, Pittsburg, TX 75686	January 01, 1911	Full Service Brick and Mortar
1	239500	Drive-In Facility	205 Marshall Street, Pittsburg, TX 75686	June 30, 1980	Limited Service Facility
2	239501	Mt Pleasant Branch South	2401 S Jefferson, Mount Pleasant, TX 75455	June 27, 1997	Full Service Brick and Mortar
5	357336	Mt. Pleasant Branch North	112 West 16th Street, Mount Pleasant, TX 75455	May 01, 2000	Full Service Brick and Mortar
7	429365	Sulphur Springs Branch	1404 South Braodway, Sulphur Springs, TX 75482	Febuary 09, 2004	Full Service Brick and Mortar
8	480067	Wellington Branch	1705 E 15th Street, Wellington, TX 79095	June 16, 2008	Full Service Brick and Mortar
9	489877	North Greer Boulevrd Branch	102 North Greer Boulevard, Pittsburg, TX 75686	March 23, 2009	Full Service Brick and Mortar
10	11160	Clarendon Branch	123 East Third Street, Clarendon, TX 79226	January 01, 1910	Full Service Brick and Mortar

Pilgrim Bank in Pittsburg, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

Pilgrim Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Pilgrim Bank in Pittsburg, Texas (TX)Overview, Financial Summary, Detailed Financial Reports, Branches

Pilgrim Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Pilgrim Bank in Pittsburg, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches