The Citizens State Bank of Lometa in Lometa, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 01, 1995

The Citizens State Bank of Lometa in Lometa, Texas (TX)
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The Citizens State Bank of Lometa - Overview

General
FDIC Certificate #: 16200
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First State Bank Central Texas (#11151)
Federal Reserve ID: 947057
Date Established: October 07, 1944
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
FDIC's unique #: 10401
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: October 07, 1944
Last Structure Change Effective Date: April 01, 1995
Last Structure Change Process Date: May 22, 1995
Last Data Update: May 22, 1995
Data Source Date: April 05, 2012
Location
Address: 316-20 Main Street, Lometa, TX 76853
County: Lampasas
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
Core Based Statistical Area (CBSA): Killeen-Temple-Fort Hood, TX (#28660)
CBSA Metro Statistical Area: Killeen-Temple-Fort Hood, TX (#28660)
Financial Summary
Total assets: $14.4 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$13Total assets
$15,896Cash and due from depository institutions
$704Interest-bearing balances
$0Securities
$4,127Federal funds sold & reverse repurchase agreements
$400Net loans & leases
$9,180Loan loss allowance
$758Trading account assets
$0Bank premises and fixed assets
$637Other real estate owned
$615Goodwill and other intangibles
$233Life insurance assets
$0All other assets
$0Total liabilities and capital
$15,896Total liabilities
$14,589Total deposits
$14,513Interest-bearing deposits
$11,723Deposits held in domestic offices
14513.00%% insured (estimated)
$98Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$76Total equity capital
$76Total bank equity capital
$1,307Perpetual preferred stock
$0Common stock
$289Surplus
$1,211Undivided profits
Memoranda
$-193Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$441Income earned, not collected on loans
$198Earning assets
$13,707Long-term assets (5+ years)
$3,154Average Assets, year-to-date
$18,136Average Assets, quarterly
$16,081Volatile liabilities
$1,305Insider loans
$39FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$499Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$1,348Total risk weighted assets
$10,100Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$1,589Total interest expense
$427Net interest income
$1,162Provision for loan and lease losses
-$480Total noninterest income
$239Fiduciary activities
$0Service charges on deposit accounts
$99Trading account gains & fees
$0Additional noninterest income
$140Total noninterest expense
$1,438Salaries and employee benefits
$283Premises and equipment expense
$124Additional noninterest expense
$1,031Pre-tax net operating income
$443Securities gains (losses)
$1Applicable income taxes
$0Income before extraordinary items
$444Extraordinary gains - net
$0Net income attributable to bank
$444Net charge-offs
$180Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1994)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
10.41%Cost of funding earning assets
2.80%Net interest margin
7.62%Noninterest income to earning assets
1.57%Noninterest expense to earning assets
9.43%Net operating income to assets
2.44%Return on assets (ROA)
2.45%Pretax return on assets
2.45%Return on equity (ROE)
48.54%Retained earnings to average equity (YTD only)
48.54%Net charge-offs to loans
1.67%Credit loss provision to net charge-offs
-266.67%Efficiency ratio
102,641Assets per employee
1.22%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
7.63%Loss allowance to noncurrent loans
171.88%Noncurrent assets plus other real estate owned to assets
6.64%Noncurrent loans to loans
4.44%Net loans and leases to deposits
63.25%Net loans and leases to core deposits
69.50%Equity capital to assets
8.22%Core capital (leverage) ratio
8.47%Tier 1 risk-based capital ratio
13.35%Total risk-based capital ratio
Memoranda
$15Average assets
$18,136Average earning assets
$915Average equity
$15,257Average loans

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