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

This bank is inactive as of January 31, 2007

  • State Bank in La Grange, Texas (TX)
  • Show street view No street view available for this location

State Bank - Overview

  • General
  • FDIC Certificate #: 10346
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Prosperity Bank (#16835)
    Federal Reserve ID: 620453
    Date Established: January 01, 1909
    WWW: http://www.statebanktx.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 28 (Interstate: No)
    OTS Docket #: 14692
    FDIC's unique #: 6625
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: January 31, 2007
    Last Structure Change Process Date: March 22, 2007
    Last Data Update: March 22, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 202 West Colorado Street, La Grange, TX 78945
    County: Fayette
    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
  • Financial Summary
  • Total assets: $1,112.4 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, 2006)

  • Dollar figures in thousands
  • 392Total employees (full-time equivalent)
  • $1,112,358Total assets
  • $36,806Cash and due from depository institutions
  • $0Interest-bearing balances
  • $186,144Securities
  • $13,261Federal funds sold & reverse repurchase agreements
  • $775,662Net loans & leases
  • $5,850Loan loss allowance
  • $0Trading account assets
  • $37,455Bank premises and fixed assets
  • $300Other real estate owned
  • $19,873Goodwill and other intangibles
  • $19,196Life insurance assets
  • $42,857All other assets
  • $1,112,358Total liabilities and capital
  • $1,035,072Total liabilities
  • $818,005Total deposits
  • $607,582Interest-bearing deposits
  • $818,005Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $6,097Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $206,270Other borrowed funds
  • $0Subordinated debt
  • $4,700All other liabilities
  • $77,286Total equity capital
  • $77,286Total bank equity capital
  • $77,286Perpetual preferred stock
  • $0Common stock
  • $508Surplus
  • $65,534Undivided profits
  • Memoranda
  • $11,244Noncurrent loans and leases
  • $190,035Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $2,245Earning assets
  • $0Long-term assets (5+ years)
  • $6,025Average Assets, year-to-date
  • $975,067Average Assets, quarterly
  • $275,501Volatile liabilities
  • $1,107,466Insider loans
  • $1,131,624FHLB advances
  • $317,459Loans and leases held for sale
  • $2,470Unused loan commitments
  • $206,270Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $22,793Total risk weighted assets
  • $190,035Total unused commitments
  • $0Restructured Loans and leases
  • $5,850Derivatives

Income and Expense (December 31, 2006)

  • Dollar figures in thousands
  • $76,657Total interest income
  • $29,822Total interest expense
  • $46,835Net interest income
  • $1,847Provision for loan and lease losses
  • $9,394Total noninterest income
  • $0Fiduciary activities
  • $7,840Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,554Additional noninterest income
  • $46,371Total noninterest expense
  • $28,602Salaries and employee benefits
  • $6,841Premises and equipment expense
  • $10,928Additional noninterest expense
  • $8,011Pre-tax net operating income
  • $0Securities gains (losses)
  • $2,262Applicable income taxes
  • $5,749Income before extraordinary items
  • $0Extraordinary gains - net
  • $5,749Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $2,449Sale, conversion, retirement of capital stock, net
  • $20,000Net operating income

Performance and Condition Ratios (December 31, 2006)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.84%Yield on earning assets
  • 3.05%Cost of funding earning assets
  • 4.79%Net interest margin
  • 0.96%Noninterest income to earning assets
  • 4.75%Noninterest expense to earning assets
  • 0.52%Net operating income to assets
  • 0.52%Return on assets (ROA)
  • 0.72%Pretax return on assets
  • 6.40%Return on equity (ROE)
  • -15.86%Retained earnings to average equity (YTD only)
  • 0.31%Net charge-offs to loans
  • 75.42%Credit loss provision to net charge-offs
  • 4.03%Efficiency ratio
  • 81,213Assets per employee
  • 2.84%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 347.89%Loss allowance to loans
  • 0.75%Loss allowance to noncurrent loans
  • 260.58%Noncurrent assets plus other real estate owned to assets
  • 0.23%Noncurrent loans to loans
  • 0.29%Net loans and leases to deposits
  • 94.82%Net loans and leases to core deposits
  • 110.61%Equity capital to assets
  • 6.95%Core capital (leverage) ratio
  • 5.45%Tier 1 risk-based capital ratio
  • 7.06%Total risk-based capital ratio
  • Memoranda
  • $8Average assets
  • $1,107,466Average earning assets
  • $89,853Average equity
  • $977,177Average loans

Total Fiduciary and Related Assets (December 31, 2002)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $4,529Managed Assets
  • 1Number of Accounts
  • $4,064Personal trust and agency accounts
  • $4,064Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 26Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $465Other retirement accounts
  • $465Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

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

CAPTCHA

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with State Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents