Planters & Merchants State Bank in Hearne, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 31, 2005

  • Planters & Merchants State Bank in Hearne, Texas (TX)
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Planters & Merchants State Bank - Overview

  • General
  • FDIC Certificate #: 10355
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Victoria National Bank (#5570)
    Federal Reserve ID: 174451
    Date Established: January 01, 1907
    WWW: http://www.pmsb.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    FDIC's unique #: 6632
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: August 31, 2005
    Last Structure Change Process Date: September 23, 2005
    Last Data Update: September 23, 2005
    Data Source Date: April 05, 2012
  • Location
  • Address: 122 Fourth Street, Hearne, TX 77859
    County: Robertson
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Austin
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Core Based Statistical Area (CBSA): College Station-Bryan, TX (#17780)
    CBSA Metro Statistical Area: College Station-Bryan, TX (#17780)
  • Financial Summary
  • Total assets: $185.4 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, 2004)

  • Dollar figures in thousands
  • 58Total employees (full-time equivalent)
  • $189,891Total assets
  • $13,407Cash and due from depository institutions
  • $6,439Interest-bearing balances
  • $37,439Securities
  • $30,000Federal funds sold & reverse repurchase agreements
  • $101,516Net loans & leases
  • $1,222Loan loss allowance
  • $0Trading account assets
  • $2,661Bank premises and fixed assets
  • $8Other real estate owned
  • $1,268Goodwill and other intangibles
  • $0Life insurance assets
  • $3,592All other assets
  • $189,891Total liabilities and capital
  • $168,891Total liabilities
  • $168,030Total deposits
  • $138,134Interest-bearing deposits
  • $168,030Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $861All other liabilities
  • $21,000Total equity capital
  • $21,000Total bank equity capital
  • $21,000Perpetual preferred stock
  • $0Common stock
  • $600Surplus
  • $7,703Undivided profits
  • Memoranda
  • $12,697Noncurrent loans and leases
  • $8,175Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $650Earning assets
  • $0Long-term assets (5+ years)
  • $976Average Assets, year-to-date
  • $175,394Average Assets, quarterly
  • $8,240Volatile liabilities
  • $182,149Insider loans
  • $188,739FHLB advances
  • $32,750Loans and leases held for sale
  • $1,251Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $8,175Total unused commitments
  • $0Restructured Loans and leases
  • $1,222Derivatives

Income and Expense (December 31, 2004)

  • Dollar figures in thousands
  • $8,721Total interest income
  • $1,980Total interest expense
  • $6,741Net interest income
  • $1,073Provision for loan and lease losses
  • $1,318Total noninterest income
  • $0Fiduciary activities
  • $979Service charges on deposit accounts
  • $0Trading account gains & fees
  • $339Additional noninterest income
  • $4,979Total noninterest expense
  • $2,817Salaries and employee benefits
  • $530Premises and equipment expense
  • $1,632Additional noninterest expense
  • $2,007Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $2,007Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,007Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $850Sale, conversion, retirement of capital stock, net
  • $1,845Net operating income

Performance and Condition Ratios (December 31, 2004)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.18%Yield on earning assets
  • 1.18%Cost of funding earning assets
  • 4.00%Net interest margin
  • 0.78%Noninterest income to earning assets
  • 2.95%Noninterest expense to earning assets
  • 1.10%Net operating income to assets
  • 1.10%Return on assets (ROA)
  • 1.10%Pretax return on assets
  • 9.39%Return on equity (ROE)
  • 0.76%Retained earnings to average equity (YTD only)
  • 0.83%Net charge-offs to loans
  • 126.24%Credit loss provision to net charge-offs
  • 3.62%Efficiency ratio
  • 61,782Assets per employee
  • 3.27%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 91.93%Loss allowance to loans
  • 1.19%Loss allowance to noncurrent loans
  • 188.00%Noncurrent assets plus other real estate owned to assets
  • 0.35%Noncurrent loans to loans
  • 0.63%Net loans and leases to deposits
  • 60.42%Net loans and leases to core deposits
  • 75.04%Equity capital to assets
  • 11.06%Core capital (leverage) ratio
  • 10.48%Tier 1 risk-based capital ratio
  • 18.59%Total risk-based capital ratio
  • Memoranda
  • $20Average assets
  • $182,149Average earning assets
  • $21,373Average equity
  • $168,506Average loans

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