FDIC Certificate #: 15637 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First State Bank Central Texas (#11151) Federal Reserve ID: 403058 Date Established: December 31, 1938 Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 6 (Interstate: No) OTS Docket #: 10655 FDIC's unique #: 9916 Numeric code: 13 Regulator: FED Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: January 03, 1939 Last Structure Change Effective Date: June 09, 2008 Last Structure Change Process Date: June 17, 2008 Last Data Update: June 17, 2008 Data Source Date: April 05, 2012
Location
Address: 125 East Davilla Street, Granger, TX 76530 County: Williamson Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Austin Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): Austin-San Marcos, TX (#640) Combined Statistical Area (CSA): Austin-Round Rock-Marble Falls, TX (#126) Core Based Statistical Area (CBSA): Austin-Round Rock-San Marcos, TX (#12420) CBSA Metro Statistical Area: Austin-Round Rock-San Marcos, TX (#12420)
Financial Summary
Total assets: $80.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2007)
Dollar figures in thousands
30Total employees (full-time equivalent)
$78,521Total assets
$2,567Cash and due from depository institutions
$96Interest-bearing balances
$26,283Securities
$2,000Federal funds sold & reverse repurchase agreements
$45,735Net loans & leases
$945Loan loss allowance
$0Trading account assets
$449Bank premises and fixed assets
$0Other real estate owned
$165Goodwill and other intangibles
$0Life insurance assets
$1,322All other assets
$78,521Total liabilities and capital
$69,732Total liabilities
$67,910Total deposits
$52,257Interest-bearing deposits
$67,910Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$1,585Other borrowed funds
$0Subordinated debt
$237All other liabilities
$8,789Total equity capital
$8,789Total bank equity capital
$8,789Perpetual preferred stock
$0Common stock
$380Surplus
$5,620Undivided profits
Memoranda
$2,789Noncurrent loans and leases
$10,582Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$17Earning assets
$0Long-term assets (5+ years)
$694Average Assets, year-to-date
$74,114Average Assets, quarterly
$16,161Volatile liabilities
$77,406Insider loans
$78,216FHLB advances
$13,557Loans and leases held for sale
$232Unused loan commitments
$1,585Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$10,582Total unused commitments
$0Restructured Loans and leases
$632Derivatives
Income and Expense (December 31, 2007)
Dollar figures in thousands
$5,343Total interest income
$1,904Total interest expense
$3,439Net interest income
$0Provision for loan and lease losses
$780Total noninterest income
$0Fiduciary activities
$442Service charges on deposit accounts
$0Trading account gains & fees
$338Additional noninterest income
$2,683Total noninterest expense
$1,414Salaries and employee benefits
$539Premises and equipment expense
$730Additional noninterest expense
$1,536Pre-tax net operating income
$3Securities gains (losses)
$0Applicable income taxes
$1,539Income before extraordinary items
$0Extraordinary gains - net
$1,539Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$2Sale, conversion, retirement of capital stock, net
$1,019Net operating income
Performance and Condition Ratios (December 31, 2007)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.40%Yield on earning assets
2.64%Cost of funding earning assets
4.76%Net interest margin
1.08%Noninterest income to earning assets
3.72%Noninterest expense to earning assets
1.98%Net operating income to assets
1.99%Return on assets (ROA)
1.99%Pretax return on assets
18.15%Return on equity (ROE)
6.13%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
768.00%Efficiency ratio
63,593Assets per employee
2.62%Cash dividends to net income (YTD only)
Condition Ratios (%)
66.21%Loss allowance to loans
2.02%Loss allowance to noncurrent loans
5558.82%Noncurrent assets plus other real estate owned to assets
0.02%Noncurrent loans to loans
0.04%Net loans and leases to deposits
67.35%Net loans and leases to core deposits
84.14%Equity capital to assets
11.19%Core capital (leverage) ratio
11.19%Tier 1 risk-based capital ratio
17.49%Total risk-based capital ratio
Memoranda
$19Average assets
$77,406Average earning assets
$8,477Average equity
$72,211Average loans
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