State Bank in city_name, state_name - Detailed Financial Reports, Location

State Bank in La Grange, Texas (TX)
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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

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

State Bank - Overview

Assets and Liabilities (December 31, 2006)

Income and Expense (December 31, 2006)

Performance and Condition Ratios (December 31, 2006)

Total Fiduciary and Related Assets (December 31, 2002)

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

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

State Bank - Overview

Assets and Liabilities (December 31, 2006)

Income and Expense (December 31, 2006)

Performance and Condition Ratios (December 31, 2006)

Total Fiduciary and Related Assets (December 31, 2002)

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

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