FDIC Certificate #: 22932 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Texas State Bank (#23346) Federal Reserve ID: 48655 Date Established: August 22, 1979 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 16039 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: August 22, 1979 Last Structure Change Effective Date: Febuary 20, 1998 Last Structure Change Process Date: March 20, 1998 Last Data Update: March 20, 1998 Data Source Date: April 05, 2012
Location
Address: 3201 Central Boulevard, Brownsville, TX 78520 County: Cameron 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 Metropolitan Statistical Area (MSA): Brownsville-Harlingen-San Benito, TX (#1240) Combined Statistical Area (CSA): Brownsville-Harlingen-Raymondville, TX (#154) Core Based Statistical Area (CBSA): Brownsville-Harlingen, TX (#15180) CBSA Metro Statistical Area: Brownsville-Harlingen, TX (#15180)
Financial Summary
Total assets: $45.7 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
29Total employees (full-time equivalent)
$45,745Total assets
$1,814Cash and due from depository institutions
$0Interest-bearing balances
$16,751Securities
$4,075Federal funds sold & reverse repurchase agreements
$21,275Net loans & leases
$449Loan loss allowance
$0Trading account assets
$1,307Bank premises and fixed assets
$150Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$373All other assets
$45,745Total liabilities and capital
$41,789Total liabilities
$41,269Total deposits
$31,152Interest-bearing deposits
$41,269Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$520All other liabilities
$3,956Total equity capital
$3,956Total bank equity capital
$3,956Perpetual preferred stock
$0Common stock
$750Surplus
$1,950Undivided profits
Memoranda
$1,256Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$570Earning assets
$0Long-term assets (5+ years)
$149Average Assets, year-to-date
$42,101Average Assets, quarterly
$1,093Volatile liabilities
$43,836Insider loans
$44,792FHLB advances
$8,440Loans and leases held for sale
$978Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,709Total unused commitments
$0Restructured Loans and leases
$24,844Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$3,326Total interest income
$1,365Total interest expense
$1,961Net interest income
$0Provision for loan and lease losses
$408Total noninterest income
$0Fiduciary activities
$239Service charges on deposit accounts
$0Trading account gains & fees
$169Additional noninterest income
$1,780Total noninterest expense
$794Salaries and employee benefits
$266Premises and equipment expense
$720Additional noninterest expense
$589Pre-tax net operating income
$0Securities gains (losses)
$188Applicable income taxes
$401Income before extraordinary items
$0Extraordinary gains - net
$401Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$38Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.27%Yield on earning assets
3.40%Cost of funding earning assets
4.88%Net interest margin
1.02%Noninterest income to earning assets
4.43%Noninterest expense to earning assets
0.91%Net operating income to assets
0.91%Return on assets (ROA)
1.34%Pretax return on assets
10.53%Return on equity (ROE)
10.53%Retained earnings to average equity (YTD only)
0.18%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
15.50%Efficiency ratio
75,137Assets per employee
1.58%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.07%Loss allowance to noncurrent loans
78.77%Noncurrent assets plus other real estate owned to assets
1.57%Noncurrent loans to loans
2.62%Net loans and leases to deposits
51.55%Net loans and leases to core deposits
64.81%Equity capital to assets
8.65%Core capital (leverage) ratio
8.72%Tier 1 risk-based capital ratio
15.92%Total risk-based capital ratio
Memoranda
$17Average assets
$43,836Average earning assets
$3,808Average equity
$40,193Average loans
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