FDIC Certificate #: 10333 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Texas State Bank (#23346) Federal Reserve ID: 35851 Date Established: January 01, 1912 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) FDIC's unique #: 6619 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: January 01, 1934 Last Structure Change Effective Date: Febuary 14, 2003 Last Structure Change Process Date: April 29, 2003 Last Data Update: April 29, 2003 Data Source Date: April 05, 2012
Location
Address: 203 East Main Street, Bishop, TX 78343 County: Nueces 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): Corpus Christi, TX (#1880) Combined Statistical Area (CSA): Corpus Christi-Kingsville, TX (#204) Core Based Statistical Area (CBSA): Corpus Christi, TX (#18580) CBSA Metro Statistical Area: Corpus Christi, TX (#18580)
Financial Summary
Total assets: $35.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2002)
Dollar figures in thousands
19Total employees (full-time equivalent)
$35,460Total assets
$1,592Cash and due from depository institutions
$0Interest-bearing balances
$6,532Securities
$5,600Federal funds sold & reverse repurchase agreements
$18,786Net loans & leases
$287Loan loss allowance
$0Trading account assets
$1,141Bank premises and fixed assets
$0Other real estate owned
$1,594Goodwill and other intangibles
$0Life insurance assets
$215All other assets
$35,460Total liabilities and capital
$31,046Total liabilities
$30,980Total deposits
$24,408Interest-bearing deposits
$30,980Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$66All other liabilities
$4,414Total equity capital
$4,414Total bank equity capital
$4,414Perpetual preferred stock
$0Common stock
$250Surplus
$4,132Undivided profits
Memoranda
$32Noncurrent loans and leases
$2,889Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$252Earning assets
$39Long-term assets (5+ years)
$198Average Assets, year-to-date
$30,918Average Assets, quarterly
$3,415Volatile liabilities
$35,259Insider loans
$35,777FHLB advances
$3,764Loans and leases held for sale
$331Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$2,889Total unused commitments
$0Restructured Loans and leases
$265Derivatives
Income and Expense (December 31, 2002)
Dollar figures in thousands
$1,918Total interest income
$572Total interest expense
$1,346Net interest income
$15Provision for loan and lease losses
$317Total noninterest income
$0Fiduciary activities
$247Service charges on deposit accounts
$0Trading account gains & fees
$70Additional noninterest income
$1,414Total noninterest expense
$726Salaries and employee benefits
$401Premises and equipment expense
$287Additional noninterest expense
$234Pre-tax net operating income
$7Securities gains (losses)
$0Applicable income taxes
$241Income before extraordinary items
$0Extraordinary gains - net
$241Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$22Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2002)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.25%Yield on earning assets
1.86%Cost of funding earning assets
4.39%Net interest margin
1.03%Noninterest income to earning assets
4.61%Noninterest expense to earning assets
0.66%Net operating income to assets
0.68%Return on assets (ROA)
0.68%Pretax return on assets
5.64%Return on equity (ROE)
5.64%Retained earnings to average equity (YTD only)
0.11%Net charge-offs to loans
68.18%Credit loss provision to net charge-offs
11.32%Efficiency ratio
85,027Assets per employee
1.87%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.50%Loss allowance to noncurrent loans
113.89%Noncurrent assets plus other real estate owned to assets
0.71%Noncurrent loans to loans
1.32%Net loans and leases to deposits
60.64%Net loans and leases to core deposits
69.03%Equity capital to assets
12.45%Core capital (leverage) ratio
7.57%Tier 1 risk-based capital ratio
12.29%Total risk-based capital ratio
Memoranda
$14Average assets
$35,259Average earning assets
$4,271Average equity
$30,683Average loans
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