The First State Bank in Needville, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 12, 2002

  • The First State Bank in Needville, Texas (TX)
  • Show street view No street view available for this location

The First State Bank - Overview

  • General
  • FDIC Certificate #: 11930
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Prosperity Bank (#16835)
    Federal Reserve ID: 771663
    Date Established: January 01, 1918
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 7617
    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: July 12, 2002
    Last Structure Change Process Date: October 25, 2002
    Last Data Update: October 25, 2002
    Data Source Date: April 05, 2012
  • Location
  • Address: 9022 Main Street, Needville, TX 77461
    County: Fort Bend
    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): Houston, TX (#3360)
    Consolidated Metropolitan Statistical Area (CMSA): Houston-Galveston-Brazoria, TX (#42)
    Combined Statistical Area (CSA): Houston-Baytown-Huntsville, TX (#288)
    Core Based Statistical Area (CBSA): Houston-Sugar Land-Baytown, TX (#26420)
    CBSA Metro Statistical Area: Houston-Sugar Land-Baytown, TX (#26420)
  • Financial Summary
  • Total assets: $16.6 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, 2001)

  • Dollar figures in thousands
  • 11Total employees (full-time equivalent)
  • $17,754Total assets
  • $1,515Cash and due from depository institutions
  • $575Interest-bearing balances
  • $5,936Securities
  • $4,850Federal funds sold & reverse repurchase agreements
  • $4,919Net loans & leases
  • $88Loan loss allowance
  • $0Trading account assets
  • $182Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $352All other assets
  • $17,754Total liabilities and capital
  • $15,600Total liabilities
  • $15,375Total deposits
  • $6,354Interest-bearing deposits
  • $15,375Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $225All other liabilities
  • $2,154Total equity capital
  • $2,154Total bank equity capital
  • $2,154Perpetual preferred stock
  • $0Common stock
  • $200Surplus
  • $400Undivided profits
  • Memoranda
  • $1,554Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $6Earning assets
  • $0Long-term assets (5+ years)
  • $172Average Assets, year-to-date
  • $16,280Average Assets, quarterly
  • $2,872Volatile liabilities
  • $16,816Insider loans
  • $17,503FHLB advances
  • $1,128Loans and leases held for sale
  • $239Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $0Restructured Loans and leases
  • $88Derivatives

Income and Expense (December 31, 2001)

  • Dollar figures in thousands
  • $1,084Total interest income
  • $206Total interest expense
  • $878Net interest income
  • $0Provision for loan and lease losses
  • $191Total noninterest income
  • $0Fiduciary activities
  • $162Service charges on deposit accounts
  • $0Trading account gains & fees
  • $29Additional noninterest income
  • $944Total noninterest expense
  • $530Salaries and employee benefits
  • $100Premises and equipment expense
  • $314Additional noninterest expense
  • $125Pre-tax net operating income
  • $0Securities gains (losses)
  • $28Applicable income taxes
  • $97Income before extraordinary items
  • $0Extraordinary gains - net
  • $97Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $80Net operating income

Performance and Condition Ratios (December 31, 2001)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.21%Yield on earning assets
  • 1.37%Cost of funding earning assets
  • 5.84%Net interest margin
  • 1.27%Noninterest income to earning assets
  • 6.28%Noninterest expense to earning assets
  • 0.58%Net operating income to assets
  • 0.58%Return on assets (ROA)
  • 0.74%Pretax return on assets
  • 4.43%Return on equity (ROE)
  • 0.78%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 88,307Assets per employee
  • 1.61%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 82.47%Loss allowance to loans
  • 1.76%Loss allowance to noncurrent loans
  • 1466.67%Noncurrent assets plus other real estate owned to assets
  • 0.03%Noncurrent loans to loans
  • 0.12%Net loans and leases to deposits
  • 31.99%Net loans and leases to core deposits
  • 34.53%Equity capital to assets
  • 12.13%Core capital (leverage) ratio
  • 11.92%Tier 1 risk-based capital ratio
  • 23.97%Total risk-based capital ratio
  • Memoranda
  • $25Average assets
  • $16,816Average earning assets
  • $2,192Average equity
  • $15,041Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with The First State Bank.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents