State Bank of Kingsville in Kingsville, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 11, 2003

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

State Bank of Kingsville - Overview

  • General
  • FDIC Certificate #: 2412
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Bank of South Texas (#26727)
    Federal Reserve ID: 992253
    Date Established: January 01, 1931
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    FDIC's unique #: 1588
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: July 11, 2003
    Last Structure Change Process Date: October 28, 2003
    Last Data Update: October 28, 2003
    Data Source Date: April 05, 2012
  • Location
  • Address: 300 East King Street, Kingsville, TX 78363
    County: Kleberg
    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
    Combined Statistical Area (CSA): Corpus Christi-Kingsville, TX (#204)
    Core Based Statistical Area (CBSA): Kingsville, TX (#28780)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $31.7 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, 2002)

  • Dollar figures in thousands
  • 23Total employees (full-time equivalent)
  • $31,633Total assets
  • $1,998Cash and due from depository institutions
  • $0Interest-bearing balances
  • $14,890Securities
  • $2,700Federal funds sold & reverse repurchase agreements
  • $10,649Net loans & leases
  • $171Loan loss allowance
  • $0Trading account assets
  • $1,030Bank premises and fixed assets
  • $85Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $281All other assets
  • $31,633Total liabilities and capital
  • $27,805Total liabilities
  • $27,753Total deposits
  • $20,236Interest-bearing deposits
  • $27,753Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $52All other liabilities
  • $3,828Total equity capital
  • $3,828Total bank equity capital
  • $3,828Perpetual preferred stock
  • $0Common stock
  • $924Surplus
  • $924Undivided profits
  • Memoranda
  • $1,980Noncurrent loans and leases
  • $571Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $209Earning assets
  • $0Long-term assets (5+ years)
  • $234Average Assets, year-to-date
  • $28,239Average Assets, quarterly
  • $14,684Volatile liabilities
  • $34,019Insider loans
  • $32,301FHLB advances
  • $2,133Loans and leases held for sale
  • $263Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $571Total unused commitments
  • $0Restructured Loans and leases
  • $171Derivatives

Income and Expense (December 31, 2002)

  • Dollar figures in thousands
  • $2,052Total interest income
  • $471Total interest expense
  • $1,581Net interest income
  • $24Provision for loan and lease losses
  • $523Total noninterest income
  • $0Fiduciary activities
  • $370Service charges on deposit accounts
  • $0Trading account gains & fees
  • $153Additional noninterest income
  • $1,720Total noninterest expense
  • $786Salaries and employee benefits
  • $257Premises and equipment expense
  • $677Additional noninterest expense
  • $360Pre-tax net operating income
  • -$5Securities gains (losses)
  • $0Applicable income taxes
  • $355Income before extraordinary items
  • $0Extraordinary gains - net
  • $355Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $24Sale, conversion, retirement of capital stock, net
  • $370Net operating income

Performance and Condition Ratios (December 31, 2002)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.73%Yield on earning assets
  • 1.54%Cost of funding earning assets
  • 5.19%Net interest margin
  • 1.72%Noninterest income to earning assets
  • 5.64%Noninterest expense to earning assets
  • 1.06%Net operating income to assets
  • 1.04%Return on assets (ROA)
  • 1.04%Pretax return on assets
  • 9.89%Return on equity (ROE)
  • -0.42%Retained earnings to average equity (YTD only)
  • 0.19%Net charge-offs to loans
  • 100.00%Credit loss provision to net charge-offs
  • 16.00%Efficiency ratio
  • 81,749Assets per employee
  • 1.38%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 104.23%Loss allowance to loans
  • 1.58%Loss allowance to noncurrent loans
  • 81.82%Noncurrent assets plus other real estate owned to assets
  • 0.93%Noncurrent loans to loans
  • 1.93%Net loans and leases to deposits
  • 38.37%Net loans and leases to core deposits
  • 41.57%Equity capital to assets
  • 12.10%Core capital (leverage) ratio
  • 10.15%Tier 1 risk-based capital ratio
  • 24.63%Total risk-based capital ratio
  • Memoranda
  • $26Average assets
  • $34,019Average earning assets
  • $3,590Average equity
  • $30,492Average loans

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

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