Shelby Savings Bank, SSB in Center, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

Shelby Savings Bank, SSB - Overview

  • General
  • FDIC Certificate #: 32135
    Status: Active
    Federal Reserve ID: 552974
    Bank Holding Company (Regulatory Top Holder): Shelby Bancshares, Inc. (RSSDID: 2960630, Location: Center, TX)
    Date Established: January 01, 1979
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    OTS Docket #: 7889
    FDIC's unique #: 44969
    Numeric code: 41
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: 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: July 26, 1982
    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: 111 Selma Street, Center, TX 75935
    County: Shelby
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Houston
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $258.6 mil
    Equity capital: $26.3 mil
    Deposits held in domestic offices: $210.6 mil
    Return on assets (ROA): 2.02% ($5.2 mil)
    Quarterly return on assets: 1.81% ($4.7 mil)
    Return on Equity (ROE): 19.53% ($5.1 mil)
    Quarterly return on equity: 17.92% ($4.7 mil)
    Net income: $4.9 mil
    Quarterly Net income: $1.2 mil
    Pretax return on assets: 2.02% ($5,223.1 mil)
    Quarterly Pretax return on assets: 1.81% ($4,680.1 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
  • 71Total employees (full-time equivalent)
  • $258,567Total assets
  • $29,432Cash and due from depository institutions
  • $16,216Interest-bearing balances
  • $42,674Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $175,647Net loans & leases
  • $2,287Loan loss allowance
  • $0Trading account assets
  • $4,508Bank premises and fixed assets
  • $150Other real estate owned
  • $171Goodwill and other intangibles
  • $258,567Life insurance assets
  • $5,985All other assets
  • $232,294Total liabilities and capital
  • $210,562Total liabilities
  • $179,074Total deposits
  • $210,562Interest-bearing deposits
  • $85Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $20,109Trading liabilities
  • $0Other borrowed funds
  • $1,623Subordinated debt
  • $26,273All other liabilities
  • $26,273Total equity capital
  • $26,273Total bank equity capital
  • $0Perpetual preferred stock
  • $732Common stock
  • $4,398Surplus
  • $21,143Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $316Income earned, not collected on loans
  • $0Earning assets
  • $1,059Long-term assets (5+ years)
  • $234,537Average Assets, year-to-date
  • $52,247Average Assets, quarterly
  • $243,750Volatile liabilities
  • $259,078Insider loans
  • $174,750FHLB advances
  • $260,518Loans and leases held for sale
  • $2,841Unused loan commitments
  • $2,841Tier 1 (core) risk-based capital
  • $25,642Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $27,756Restructured Loans and leases
  • $639Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $12,049Total interest income
  • $2,545Total interest expense
  • $9,504Net interest income
  • $0Provision for loan and lease losses
  • $1,678Total noninterest income
  • $0Fiduciary activities
  • $1,099Service charges on deposit accounts
  • $0Trading account gains & fees
  • $579Additional noninterest income
  • $6,263Total noninterest expense
  • $3,150Salaries and employee benefits
  • $818Premises and equipment expense
  • $2,295Additional noninterest expense
  • $4,919Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $4,919Income before extraordinary items
  • $0Extraordinary gains - net
  • $4,919Net income attributable to bank
  • $0Net charge-offs
  • $4,919Cash dividends
  • $222Sale, conversion, retirement of capital stock, net
  • $2,688Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.40%Yield on earning assets
  • 1.14%Cost of funding earning assets
  • 4.26%Net interest margin
  • 0.75%Noninterest income to earning assets
  • 2.81%Noninterest expense to earning assets
  • 2.02%Net operating income to assets
  • 2.02%Return on assets (ROA)
  • 2.02%Pretax return on assets
  • 19.53%Return on equity (ROE)
  • 8.86%Retained earnings to average equity (YTD only)
  • 0.13%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 22.16%Efficiency ratio
  • 56,010Assets per employee
  • 3.64%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 54.65%Loss allowance to loans
  • 1.29%Loss allowance to noncurrent loans
  • 723.73%Noncurrent assets plus other real estate owned to assets
  • 0.18%Noncurrent loans to loans
  • 0.18%Net loans and leases to deposits
  • 83.42%Net loans and leases to core deposits
  • 86.73%Equity capital to assets
  • 10.16%Core capital (leverage) ratio
  • 9.84%Tier 1 risk-based capital ratio
  • 14.67%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $243,750Average earning assets
  • $25,183Average equity
  • $223,225Average loans

List of branches

  • 4 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    044969Shelby Savings Bank, Ssb111 Selma Street, Center, TX 75935January 01, 1979Full Service Brick and Mortar
    101281689San Augustine Office710 West Columbia, San Augustine, TX 75972June 30, 1988Full Service Brick and Mortar
    102281690Hemphill Office103 Worth Street, Hemphill, TX 75948June 30, 1988Full Service Brick and Mortar
    103493144Center North Branch1110 Hurst Street, Center, TX 75935November 17, 2008Limited Service Facility

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