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


Schwertner State Bank - Overview

  • General
  • FDIC Certificate #: 5523
    Status: Active
    Federal Reserve ID: 582766
    Date Established: January 01, 1912
    WWW: http://www.txloanstar.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 3752
    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: Other Specialized Lending < 1 Billion
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: December 02, 2011
    Last Structure Change Process Date: December 02, 2011
    Last Data Update: December 02, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 110 Main Street, Schwertner, TX 76573
    County: Williamson
    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
    Metropolitan Statistical Area (MSA): Austin-San Marcos, TX (#640)
    Combined Statistical Area (CSA): Austin-Round Rock-Marble Falls, TX (#126)
    Core Based Statistical Area (CBSA): Austin-Round Rock-San Marcos, TX (#12420)
    CBSA Metro Statistical Area: Austin-Round Rock-San Marcos, TX (#12420)
  • Financial Summary
  • Total assets: $39.2 mil
    Equity capital: $4.5 mil
    Deposits held in domestic offices: $34.4 mil
    Return on assets (ROA): 0.15% ($0.1 mil)
    Quarterly return on assets: -0.65% (-$0.3 mil)
    Return on Equity (ROE): 1.33% ($0.1 mil)
    Quarterly return on equity: -5.81% (-$0.3 mil)
    Net income: $0.1 mil
    Quarterly Net income: -$0.1 mil
    Pretax return on assets: 0.26% ($101.8 mil)
    Quarterly Pretax return on assets: -0.55% (-$215.4 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, 2011)

  • Dollar figures in thousands
  • 11Total employees (full-time equivalent)
  • $39,161Total assets
  • $2,244Cash and due from depository institutions
  • $1,097Interest-bearing balances
  • $16,555Securities
  • $9,565Federal funds sold & reverse repurchase agreements
  • $9,252Net loans & leases
  • $62Loan loss allowance
  • $0Trading account assets
  • $1,201Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $39,161Life insurance assets
  • $344All other assets
  • $34,612Total liabilities and capital
  • $34,378Total liabilities
  • $25,874Total deposits
  • $34,378Interest-bearing deposits
  • $90Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $234Subordinated debt
  • $4,549All other liabilities
  • $4,549Total equity capital
  • $4,549Total bank equity capital
  • $0Perpetual preferred stock
  • $75Common stock
  • $1,925Surplus
  • $2,549Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $928Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $141Long-term assets (5+ years)
  • $36,469Average Assets, year-to-date
  • $17,062Average Assets, quarterly
  • $39,590Volatile liabilities
  • $41,090Insider loans
  • $16,693FHLB advances
  • $43,567Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $4,545Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $365Restructured Loans and leases
  • $134Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,024Total interest income
  • $265Total interest expense
  • $759Net interest income
  • $0Provision for loan and lease losses
  • $308Total noninterest income
  • $0Fiduciary activities
  • $69Service charges on deposit accounts
  • $0Trading account gains & fees
  • $239Additional noninterest income
  • $1,040Total noninterest expense
  • $496Salaries and employee benefits
  • $203Premises and equipment expense
  • $341Additional noninterest expense
  • $27Pre-tax net operating income
  • $76Securities gains (losses)
  • $43Applicable income taxes
  • $60Income before extraordinary items
  • $0Extraordinary gains - net
  • $60Net income attributable to bank
  • $0Net charge-offs
  • $60Cash dividends
  • $11Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 2.81%Yield on earning assets
  • 0.73%Cost of funding earning assets
  • 2.08%Net interest margin
  • 0.84%Noninterest income to earning assets
  • 2.85%Noninterest expense to earning assets
  • 0.03%Net operating income to assets
  • 0.15%Return on assets (ROA)
  • 0.26%Pretax return on assets
  • 1.33%Return on equity (ROE)
  • 1.33%Retained earnings to average equity (YTD only)
  • 0.13%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 2.45%Efficiency ratio
  • 97,470Assets per employee
  • 3.56%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.67%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 26.91%Net loans and leases to core deposits
  • 28.43%Equity capital to assets
  • 11.62%Core capital (leverage) ratio
  • 10.43%Tier 1 risk-based capital ratio
  • 27.23%Total risk-based capital ratio
  • Memoranda
  • $28Average assets
  • $39,590Average earning assets
  • $4,512Average equity
  • $36,457Average loans

List of branches

  • 2 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    03752Schwertner State Bank110 Main Street, Schwertner, TX 76573January 01, 1912Full Service Brick and Mortar
    145612550 County Road Jarrell Branch50 County Road 487, Jarrell, TX 76537August 15, 2006Full Service Brick and Mortar

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