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


The First State Bank - Overview

  • General
  • FDIC Certificate #: 12314
    Status: Active
    Federal Reserve ID: 196257
    Bank Holding Company (Regulatory Top Holder): East Texas Bancorp, Inc. (RSSDID: 2475590, Location: Longview, TX)
    Date Established: January 01, 1909
    WWW: http://www.fsbavinger.com
    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 #: 7829
    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: Highways 155 And 49, Avinger, TX 75630
    County: Cass
    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
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $19.2 mil
    Equity capital: $1.6 mil
    Deposits held in domestic offices: $17.4 mil
    Return on assets (ROA): 1.42% ($0.3 mil)
    Quarterly return on assets: 1.63% ($0.3 mil)
    Return on Equity (ROE): 18.27% ($0.4 mil)
    Quarterly return on equity: 20.32% ($0.4 mil)
    Net income: $0.3 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 1.42% ($272.4 mil)
    Quarterly Pretax return on assets: 1.63% ($312.7 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
  • 4Total employees (full-time equivalent)
  • $19,184Total assets
  • $7,935Cash and due from depository institutions
  • $7,473Interest-bearing balances
  • $0Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $10,748Net loans & leases
  • $233Loan loss allowance
  • $0Trading account assets
  • $80Bank premises and fixed assets
  • $29Other real estate owned
  • $0Goodwill and other intangibles
  • $19,184Life insurance assets
  • $392All other assets
  • $17,546Total liabilities and capital
  • $17,368Total liabilities
  • $15,511Total deposits
  • $17,368Interest-bearing deposits
  • $98Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $150Trading liabilities
  • $0Other borrowed funds
  • $28Subordinated debt
  • $1,638All other liabilities
  • $1,638Total equity capital
  • $1,638Total bank equity capital
  • $0Perpetual preferred stock
  • $140Common stock
  • $760Surplus
  • $738Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $51Long-term assets (5+ years)
  • $18,221Average Assets, year-to-date
  • $3,006Average Assets, quarterly
  • $21,156Volatile liabilities
  • $20,339Insider loans
  • $10,951FHLB advances
  • $20,415Loans and leases held for sale
  • $14Unused loan commitments
  • $14Tier 1 (core) risk-based capital
  • $1,638Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $750Total interest income
  • $111Total interest expense
  • $639Net interest income
  • $14Provision for loan and lease losses
  • $56Total noninterest income
  • $0Fiduciary activities
  • $36Service charges on deposit accounts
  • $0Trading account gains & fees
  • $20Additional noninterest income
  • $380Total noninterest expense
  • $114Salaries and employee benefits
  • $70Premises and equipment expense
  • $196Additional noninterest expense
  • $301Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $301Income before extraordinary items
  • $0Extraordinary gains - net
  • $301Net income attributable to bank
  • $0Net charge-offs
  • $301Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $299Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.70%Yield on earning assets
  • 0.55%Cost of funding earning assets
  • 3.15%Net interest margin
  • 0.28%Noninterest income to earning assets
  • 1.88%Noninterest expense to earning assets
  • 1.42%Net operating income to assets
  • 1.42%Return on assets (ROA)
  • 1.42%Pretax return on assets
  • 18.27%Return on equity (ROE)
  • 0.12%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
  • 54,676Assets per employee
  • 4.80%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 99.34%Loss allowance to loans
  • 2.12%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.15%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 61.88%Net loans and leases to core deposits
  • 77.45%Equity capital to assets
  • 8.54%Core capital (leverage) ratio
  • 8.02%Tier 1 risk-based capital ratio
  • 14.96%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $21,156Average earning assets
  • $1,648Average equity
  • $20,257Average loans

List of branches

  • 1 Texas Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    07829The First State BankHighways 155 And 49, Avinger, TX 75630January 01, 1909Full Service Brick and Mortar

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