Spring Hill State Bank in Longview, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches


Spring Hill State Bank - Overview

  • General
  • FDIC Certificate #: 22526
    Status: Active
    Federal Reserve ID: 457060
    Bank Holding Company (Regulatory Top Holder): Spring Hill Holdings Corporation (RSSDID: 2693929, Location: Longview, TX)
    Date Established: September 19, 1977
    WWW: http://www.springhillbank.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)
    OTS Docket #: 11638
    FDIC's unique #: 15711
    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: September 19, 1977
    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: 3700 Gilmer Road, Longview, TX 75604
    County: Gregg
    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
    Metropolitan Statistical Area (MSA): Longview-Marshall, TX (#4420)
    Combined Statistical Area (CSA): Longview-Marshall, TX (#346)
    Core Based Statistical Area (CBSA): Longview, TX (#30980)
    CBSA Metro Statistical Area: Longview, TX (#30980)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $162.7 mil
    Equity capital: $12.9 mil
    Deposits held in domestic offices: $140.5 mil
    Return on assets (ROA): 0.75% ($1.2 mil)
    Quarterly return on assets: 0.60% ($1.0 mil)
    Return on Equity (ROE): 9.65% ($1.3 mil)
    Quarterly return on equity: 7.62% ($1.0 mil)
    Net income: $1.2 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 1.14% ($1,855.0 mil)
    Quarterly Pretax return on assets: 0.91% ($1,480.8 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
  • 51Total employees (full-time equivalent)
  • $162,722Total assets
  • $27,527Cash and due from depository institutions
  • $22,383Interest-bearing balances
  • $4,109Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $125,513Net loans & leases
  • $2,026Loan loss allowance
  • $0Trading account assets
  • $2,284Bank premises and fixed assets
  • $815Other real estate owned
  • $0Goodwill and other intangibles
  • $162,721Life insurance assets
  • $2,474All other assets
  • $149,810Total liabilities and capital
  • $140,526Total liabilities
  • $113,215Total deposits
  • $140,526Interest-bearing deposits
  • $87Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $9,072Trading liabilities
  • $0Other borrowed funds
  • $212Subordinated debt
  • $12,911All other liabilities
  • $12,911Total equity capital
  • $12,911Total bank equity capital
  • $0Perpetual preferred stock
  • $1,088Common stock
  • $5,312Surplus
  • $6,511Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,643Income earned, not collected on loans
  • $0Earning assets
  • $496Long-term assets (5+ years)
  • $152,005Average Assets, year-to-date
  • $63,680Average Assets, quarterly
  • $162,717Volatile liabilities
  • $164,579Insider loans
  • $99,423FHLB advances
  • $165,807Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $12,898Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $29,261Restructured Loans and leases
  • $349Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $7,754Total interest income
  • $1,743Total interest expense
  • $6,011Net interest income
  • $601Provision for loan and lease losses
  • $1,202Total noninterest income
  • $0Fiduciary activities
  • $748Service charges on deposit accounts
  • $0Trading account gains & fees
  • $454Additional noninterest income
  • $4,750Total noninterest expense
  • $2,540Salaries and employee benefits
  • $399Premises and equipment expense
  • $1,811Additional noninterest expense
  • $1,862Pre-tax net operating income
  • $0Securities gains (losses)
  • $636Applicable income taxes
  • $1,226Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,226Net income attributable to bank
  • $0Net charge-offs
  • $1,226Cash dividends
  • $336Sale, conversion, retirement of capital stock, net
  • $825Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.08%Yield on earning assets
  • 1.14%Cost of funding earning assets
  • 3.94%Net interest margin
  • 0.79%Noninterest income to earning assets
  • 3.11%Noninterest expense to earning assets
  • 0.75%Net operating income to assets
  • 0.75%Return on assets (ROA)
  • 1.14%Pretax return on assets
  • 9.65%Return on equity (ROE)
  • 3.16%Retained earnings to average equity (YTD only)
  • 0.27%Net charge-offs to loans
  • 178.87%Credit loss provision to net charge-offs
  • 7.33%Efficiency ratio
  • 65,853Assets per employee
  • 3.19%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 67.29%Loss allowance to loans
  • 1.59%Loss allowance to noncurrent loans
  • 123.31%Noncurrent assets plus other real estate owned to assets
  • 1.51%Noncurrent loans to loans
  • 1.29%Net loans and leases to deposits
  • 89.32%Net loans and leases to core deposits
  • 92.03%Equity capital to assets
  • 7.93%Core capital (leverage) ratio
  • 7.78%Tier 1 risk-based capital ratio
  • 12.97%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $162,717Average earning assets
  • $12,704Average equity
  • $152,699Average loans

List of branches

  • 2 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    015711Spring Hill State Bank3700 Gilmer Road, Longview, TX 75604September 19, 1977Full Service Brick and Mortar
    1493084Spring Hill State Bank Hollybrook202 Hollybrook, Longview, TX 75605April 12, 2004Full Service Brick and Mortar

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