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

The City State Bank of Palacios - Overview

  • General
  • FDIC Certificate #: 15764
    Status: Active
    Federal Reserve ID: 720166
    Bank Holding Company (Regulatory Top Holder): City State Bancshares, Inc. (RSSDID: 2398710, Location: Palacios, TX)
    Date Established: August 26, 1940
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 10012
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Agricultural lending institution: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: August 26, 1940
    Last Structure Change Effective Date: May 01, 2006
    Last Structure Change Process Date: August 08, 2006
    Last Data Update: August 08, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 459 Main Street, Palacios, TX 77465
    County: Matagorda
    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): Houston-Baytown-Huntsville, TX (#288)
    Core Based Statistical Area (CBSA): Bay City, TX (#13060)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $56.8 mil
    Equity capital: $5.6 mil
    Deposits held in domestic offices: $50.7 mil
    Return on assets (ROA): 0.57% ($0.3 mil)
    Quarterly return on assets: 0.32% ($0.2 mil)
    Return on Equity (ROE): 5.72% ($0.3 mil)
    Quarterly return on equity: 3.28% ($0.2 mil)
    Net income: $0.3 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 0.62% ($352.4 mil)
    Quarterly Pretax return on assets: 0.27% ($153.5 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
  • 17Total employees (full-time equivalent)
  • $56,843Total assets
  • $5,329Cash and due from depository institutions
  • $0Interest-bearing balances
  • $30,709Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $19,644Net loans & leases
  • $442Loan loss allowance
  • $0Trading account assets
  • $347Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $56,843Life insurance assets
  • $814All other assets
  • $51,230Total liabilities and capital
  • $50,706Total liabilities
  • $29,084Total deposits
  • $50,706Interest-bearing deposits
  • $99Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $524Subordinated debt
  • $5,613All other liabilities
  • $5,613Total equity capital
  • $5,613Total bank equity capital
  • $0Perpetual preferred stock
  • $935Common stock
  • $2,365Surplus
  • $2,313Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $182Income earned, not collected on loans
  • $178Earning assets
  • $398Long-term assets (5+ years)
  • $50,353Average Assets, year-to-date
  • $37,030Average Assets, quarterly
  • $54,278Volatile liabilities
  • $57,329Insider loans
  • $19,285FHLB advances
  • $57,139Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $5,244Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $3,547Restructured Loans and leases
  • $1,714Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,061Total interest income
  • $299Total interest expense
  • $1,762Net interest income
  • $40Provision for loan and lease losses
  • $208Total noninterest income
  • $0Fiduciary activities
  • $210Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$2Additional noninterest income
  • $1,754Total noninterest expense
  • $914Salaries and employee benefits
  • $205Premises and equipment expense
  • $635Additional noninterest expense
  • $176Pre-tax net operating income
  • $162Securities gains (losses)
  • $29Applicable income taxes
  • $309Income before extraordinary items
  • $0Extraordinary gains - net
  • $309Net income attributable to bank
  • $0Net charge-offs
  • $309Cash dividends
  • -$5Sale, conversion, retirement of capital stock, net
  • $79Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.16%Yield on earning assets
  • 0.60%Cost of funding earning assets
  • 3.56%Net interest margin
  • 0.42%Noninterest income to earning assets
  • 3.54%Noninterest expense to earning assets
  • 0.30%Net operating income to assets
  • 0.57%Return on assets (ROA)
  • 0.62%Pretax return on assets
  • 5.72%Return on equity (ROE)
  • 4.26%Retained earnings to average equity (YTD only)
  • -0.02%Net charge-offs to loans
  • -800.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 89,036Assets per employee
  • 3.34%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 25.57%Loss allowance to loans
  • 2.20%Loss allowance to noncurrent loans
  • 242.86%Noncurrent assets plus other real estate owned to assets
  • 0.32%Noncurrent loans to loans
  • 0.91%Net loans and leases to deposits
  • 38.74%Net loans and leases to core deposits
  • 40.07%Equity capital to assets
  • 9.87%Core capital (leverage) ratio
  • 9.18%Tier 1 risk-based capital ratio
  • 27.19%Total risk-based capital ratio
  • Memoranda
  • $28Average assets
  • $54,278Average earning assets
  • $5,405Average equity
  • $49,550Average loans

List of branches

  • 1 Texas Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    010012The City State Bank Of Palacios459 Main Street, Palacios, TX 77465August 26, 1940Full Service Brick and Mortar

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