FDIC Certificate #: 10701 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:International Bank of Commerce (#24961) Federal Reserve ID: 212456 Date Established: December 12, 1931 WWW:http://www.sbtfirst.com Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) FDIC's unique #: 6866 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: March 16, 2007 Last Structure Change Process Date: April 10, 2007 Last Data Update: April 10, 2007 Data Source Date: April 05, 2012
Location
Address: 218 North Washington Street, Beeville, TX 78102 County: Bee 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 Core Based Statistical Area (CBSA): Beeville, TX (#13300) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $75.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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
27Total employees (full-time equivalent)
$75,309Total assets
$35,298Cash and due from depository institutions
$31,483Interest-bearing balances
$10,486Securities
$7,025Federal funds sold & reverse repurchase agreements
$21,252Net loans & leases
$484Loan loss allowance
$0Trading account assets
$781Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$467All other assets
$75,309Total liabilities and capital
$68,890Total liabilities
$68,538Total deposits
$53,472Interest-bearing deposits
$68,538Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$189Other borrowed funds
$0Subordinated debt
$163All other liabilities
$6,419Total equity capital
$6,419Total bank equity capital
$6,419Perpetual preferred stock
$0Common stock
$864Surplus
$2,536Undivided profits
Memoranda
$3,019Noncurrent loans and leases
$4,008Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$2Earning assets
$0Long-term assets (5+ years)
$274Average Assets, year-to-date
$70,246Average Assets, quarterly
$47Volatile liabilities
$74,435Insider loans
$73,995FHLB advances
$10,832Loans and leases held for sale
$1,985Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$4,008Total unused commitments
$0Restructured Loans and leases
$368Derivatives
Income and Expense (December 31, 2006)
Dollar figures in thousands
$3,852Total interest income
$1,604Total interest expense
$2,248Net interest income
$0Provision for loan and lease losses
$892Total noninterest income
$0Fiduciary activities
$725Service charges on deposit accounts
$0Trading account gains & fees
$167Additional noninterest income
$1,893Total noninterest expense
$1,011Salaries and employee benefits
$170Premises and equipment expense
$712Additional noninterest expense
$1,247Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$1,247Income before extraordinary items
$0Extraordinary gains - net
$1,247Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$4Sale, conversion, retirement of capital stock, net
$200Net operating income
Performance and Condition Ratios (December 31, 2006)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.49%Yield on earning assets
2.29%Cost of funding earning assets
3.20%Net interest margin
1.27%Noninterest income to earning assets
2.70%Noninterest expense to earning assets
1.68%Net operating income to assets
1.68%Return on assets (ROA)
1.68%Pretax return on assets
21.42%Return on equity (ROE)
17.98%Retained earnings to average equity (YTD only)
-0.02%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
60,287Assets per employee
2.79%Cash dividends to net income (YTD only)
Condition Ratios (%)
16.04%Loss allowance to loans
2.23%Loss allowance to noncurrent loans
24200.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.01%Net loans and leases to deposits
31.01%Net loans and leases to core deposits
36.71%Equity capital to assets
8.52%Core capital (leverage) ratio
8.34%Tier 1 risk-based capital ratio
21.85%Total risk-based capital ratio
Memoranda
$23Average assets
$74,435Average earning assets
$5,823Average equity
$70,166Average loans
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