Texas Star Bank in Van Alstyne, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches


Texas Star Bank - Overview

  • General
  • FDIC Certificate #: 5567
    Status: Active
    Federal Reserve ID: 274164
    Bank Holding Company (Regulatory Top Holder): Van Alstyne Financial Corporation (RSSDID: 1109553, Location: Van Alstyne, TX)
    Date Established: June 01, 1890
    WWW: http://www.texasstarbank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 7 (Domestic: 7, Interstate: No)
    OTS Docket #: 11854
    FDIC's unique #: 3787
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: April 24, 2009
    Last Structure Change Process Date: November 12, 2009
    Last Data Update: November 12, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 177 East Jefferson Street, Van Alstyne, TX 75495
    County: Grayson
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Dallas
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Sherman-Denison, TX (#7640)
    Combined Statistical Area (CSA): Dallas-Fort Worth, TX (#206)
    Core Based Statistical Area (CBSA): Sherman-Denison, TX (#43300)
    CBSA Metro Statistical Area: Sherman-Denison, TX (#43300)
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $282.8 mil
    Equity capital: $24.3 mil
    Deposits held in domestic offices: $255.0 mil
    Return on assets (ROA): 1.00% ($2.8 mil)
    Quarterly return on assets: 1.11% ($3.1 mil)
    Return on Equity (ROE): 11.64% ($2.8 mil)
    Quarterly return on equity: 12.76% ($3.1 mil)
    Net income: $2.7 mil
    Quarterly Net income: $0.8 mil
    Pretax return on assets: 1.49% ($4,214.2 mil)
    Quarterly Pretax return on assets: 1.65% ($4,666.8 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, 2011)

  • Dollar figures in thousands
  • 94Total employees (full-time equivalent)
  • $282,834Total assets
  • $16,194Cash and due from depository institutions
  • $1,778Interest-bearing balances
  • $10,079Securities
  • $33,250Federal funds sold & reverse repurchase agreements
  • $206,138Net loans & leases
  • $2,998Loan loss allowance
  • $0Trading account assets
  • $7,700Bank premises and fixed assets
  • $1,455Other real estate owned
  • $0Goodwill and other intangibles
  • $282,834Life insurance assets
  • $8,018All other assets
  • $258,513Total liabilities and capital
  • $254,989Total liabilities
  • $202,395Total deposits
  • $254,989Interest-bearing deposits
  • $89Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $1,371Trading liabilities
  • $0Other borrowed funds
  • $2,153Subordinated debt
  • $24,321All other liabilities
  • $24,321Total equity capital
  • $24,321Total bank equity capital
  • $0Perpetual preferred stock
  • $350Common stock
  • $7,883Surplus
  • $16,088Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,751Income earned, not collected on loans
  • $128Earning assets
  • $1,375Long-term assets (5+ years)
  • $251,245Average Assets, year-to-date
  • $24,215Average Assets, quarterly
  • $268,150Volatile liabilities
  • $275,950Insider loans
  • $208,604FHLB advances
  • $274,711Loans and leases held for sale
  • $3,804Unused loan commitments
  • $3,804Tier 1 (core) risk-based capital
  • $24,332Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $15,343Restructured Loans and leases
  • $5,122Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $13,824Total interest income
  • $2,569Total interest expense
  • $11,255Net interest income
  • $1,025Provision for loan and lease losses
  • $3,535Total noninterest income
  • $0Fiduciary activities
  • $1,669Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,866Additional noninterest income
  • $9,758Total noninterest expense
  • $5,004Salaries and employee benefits
  • $1,526Premises and equipment expense
  • $3,228Additional noninterest expense
  • $4,007Pre-tax net operating income
  • $0Securities gains (losses)
  • $1,322Applicable income taxes
  • $2,685Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,685Net income attributable to bank
  • $0Net charge-offs
  • $2,685Cash dividends
  • $562Sale, conversion, retirement of capital stock, net
  • $650Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.79%Yield on earning assets
  • 1.08%Cost of funding earning assets
  • 4.71%Net interest margin
  • 1.48%Noninterest income to earning assets
  • 4.08%Noninterest expense to earning assets
  • 1.00%Net operating income to assets
  • 1.00%Return on assets (ROA)
  • 1.49%Pretax return on assets
  • 11.64%Return on equity (ROE)
  • 8.82%Retained earnings to average equity (YTD only)
  • 0.27%Net charge-offs to loans
  • 182.38%Credit loss provision to net charge-offs
  • 8.95%Efficiency ratio
  • 65,977Assets per employee
  • 3.01%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 24.21%Loss allowance to loans
  • 1.43%Loss allowance to noncurrent loans
  • 171.22%Noncurrent assets plus other real estate owned to assets
  • 1.13%Noncurrent loans to loans
  • 0.84%Net loans and leases to deposits
  • 80.84%Net loans and leases to core deposits
  • 88.37%Equity capital to assets
  • 8.60%Core capital (leverage) ratio
  • 8.86%Tier 1 risk-based capital ratio
  • 11.66%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $268,150Average earning assets
  • $23,073Average equity
  • $238,906Average loans

List of branches

  • 7 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    03787Texas Star Bank177 East Jefferson Street, Van Alstyne, TX 75495June 01, 1890Full Service Brick and Mortar
    1207828Tom Bean Branch7890 West Highway 11, Tom Bean, TX 75489September 08, 1987Full Service Brick and Mortar
    216145Sherman Branch500 North Sam Rayburn Freeway, Sherman, TX 75090January 24, 1980Full Service Brick and Mortar
    4207830Mckinney Branch2800 West Virginia Parkway, Mckinney, TX 75070June 05, 1995Full Service Brick and Mortar
    6362499Anna Branch402 West White Street, Anna, TX 75409August 16, 2001Full Service Brick and Mortar
    7452958Tioga Branch101 Gene Autry Dr., Tioga, TX 76271September 07, 2005Full Service Brick and Mortar
    8452959Celina Branch320 South Preston Road, Celina, TX 75009May 01, 2006Full Service Brick and Mortar

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