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


Texas State Bank - Overview

  • General
  • FDIC Certificate #: 12504
    Status: Active
    Federal Reserve ID: 926155
    Bank Holding Company (Regulatory Top Holder): Joaquin Bankshares, Inc. (RSSDID: 1108958, Location: Huntington, TX)
    Date Established: September 17, 1926
    WWW: http://www.texasstatebank.net
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 8 (Domestic: 8, Interstate: No)
    OTS Docket #: 13097
    FDIC's unique #: 7954
    Numeric code: 21
    Regulator: FDIC
    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: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 120 N. Preston, Joaquin, TX 75954
    County: Shelby
    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
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $118.2 mil
    Equity capital: $12.9 mil
    Deposits held in domestic offices: $105.1 mil
    Return on assets (ROA): 0.75% ($0.9 mil)
    Quarterly return on assets: 0.22% ($0.3 mil)
    Return on Equity (ROE): 8.62% ($1.1 mil)
    Quarterly return on equity: 2.11% ($0.3 mil)
    Net income: $0.9 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.75% ($886.3 mil)
    Quarterly Pretax return on assets: 0.22% ($260.0 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
  • 55Total employees (full-time equivalent)
  • $118,171Total assets
  • $12,172Cash and due from depository institutions
  • $8,717Interest-bearing balances
  • $5,690Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $94,907Net loans & leases
  • $564Loan loss allowance
  • $0Trading account assets
  • $3,422Bank premises and fixed assets
  • $37Other real estate owned
  • $612Goodwill and other intangibles
  • $118,171Life insurance assets
  • $1,331All other assets
  • $105,269Total liabilities and capital
  • $105,113Total liabilities
  • $73,724Total deposits
  • $105,113Interest-bearing deposits
  • $94Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $156Subordinated debt
  • $12,902All other liabilities
  • $12,902Total equity capital
  • $12,902Total bank equity capital
  • $0Perpetual preferred stock
  • $290Common stock
  • $9,618Surplus
  • $2,994Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,458Income earned, not collected on loans
  • $0Earning assets
  • $657Long-term assets (5+ years)
  • $109,314Average Assets, year-to-date
  • $27,515Average Assets, quarterly
  • $118,718Volatile liabilities
  • $122,857Insider loans
  • $86,874FHLB advances
  • $120,011Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $12,290Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $5,005Restructured Loans and leases
  • $614Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,702Total interest income
  • $643Total interest expense
  • $5,059Net interest income
  • $275Provision for loan and lease losses
  • $1,391Total noninterest income
  • $0Fiduciary activities
  • $860Service charges on deposit accounts
  • $0Trading account gains & fees
  • $531Additional noninterest income
  • $5,280Total noninterest expense
  • $2,620Salaries and employee benefits
  • $1,062Premises and equipment expense
  • $1,598Additional noninterest expense
  • $895Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $895Income before extraordinary items
  • $0Extraordinary gains - net
  • $895Net income attributable to bank
  • $0Net charge-offs
  • $895Cash dividends
  • $211Sale, conversion, retirement of capital stock, net
  • $422Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.24%Yield on earning assets
  • 0.59%Cost of funding earning assets
  • 4.65%Net interest margin
  • 1.28%Noninterest income to earning assets
  • 4.86%Noninterest expense to earning assets
  • 0.75%Net operating income to assets
  • 0.75%Return on assets (ROA)
  • 0.75%Pretax return on assets
  • 8.62%Return on equity (ROE)
  • 4.56%Retained earnings to average equity (YTD only)
  • 0.24%Net charge-offs to loans
  • 130.33%Credit loss provision to net charge-offs
  • 5.55%Efficiency ratio
  • 81,860Assets per employee
  • 2.15%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 47.15%Loss allowance to loans
  • 0.59%Loss allowance to noncurrent loans
  • 38.68%Noncurrent assets plus other real estate owned to assets
  • 1.27%Noncurrent loans to loans
  • 1.53%Net loans and leases to deposits
  • 90.29%Net loans and leases to core deposits
  • 94.10%Equity capital to assets
  • 10.92%Core capital (leverage) ratio
  • 10.24%Tier 1 risk-based capital ratio
  • 14.15%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $118,718Average earning assets
  • $10,384Average equity
  • $108,735Average loans

List of branches

  • 8 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    07954Texas State Bank120 N. Preston, Joaquin, TX 75954September 17, 1926Full Service Brick and Mortar
    1227271Haslam Branch13218 Highway 84 E, Joaquin, TX 75954September 23, 1991Limited Service Facility
    2227272Timpson Branch830 N First St, Timpson, TX 75975September 30, 1991Full Service Brick and Mortar
    4227274Huntington Branch304 Highway 69 South, Huntington, TX 75949December 22, 1994Full Service Brick and Mortar
    5227275Lufkin Branch3001 South John Redditt Drive, Lufkin, TX 75904July 17, 1995Full Service Brick and Mortar
    633138Chester Branch113 Cade St, Chester, TX 75936November 22, 1985Full Service Brick and Mortar
    7462004Center Branch163 Cass-Caid, Center, TX 75935Febuary 15, 2007Full Service Brick and Mortar
    8507803North Fredonia Branch200 North Fredonia Suite 101, Nacogdoches, TX 75961July 15, 2009Full Service Brick and Mortar

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