The First State Bank in Louise, Texas (TX)



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The First State Bank routing number info

Table of contents:
The First State Bank
GeneralFDIC Certificate #: 17588
Status: Active
Federal Reserve ID: 888552
Bank Holding Company (Regulatory Top Holder): Louise Bancshares, Inc. (RSSDID: 1141021, Location: Louise, TX)
Date Established: May 07, 1956
WWW: http://www.fsblouise.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 9 (Domestic: 9, Interstate: No)
OTS Docket #: 12692
FDIC's unique #: 11560
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: All Other Specialization < 1 Billion
Date of Deposit Insurance: May 07, 1956
Last Structure Change Effective Date: October 26, 2011
Last Structure Change Process Date: October 26, 2011
Last Data Update: October 26, 2011
Data Source Date: April 05, 2012
LocationAddress: Highway 59 And Fm Road 1160, Louise, TX 77455
County: Wharton
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
Core Based Statistical Area (CBSA): El Campo, TX (#20900)
CBSA Micro Statistical Area: Yes
Financial SummaryTotal assets: $289.2 mil
Equity capital: $25.1 mil
Deposits held in domestic offices: $263.3 mil
Return on assets (ROA): 2.10% ($6.1 mil)
Quarterly return on assets: 2.17% ($6.3 mil)
Return on Equity (ROE): 25.08% ($6.3 mil)
Quarterly return on equity: 24.64% ($6.2 mil)
Net income: $5.7 mil
Quarterly Net income: $1.5 mil
Pretax return on assets: 2.10% ($6,073.4 mil)
Quarterly Pretax return on assets: 2.17% ($6,275.8 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)
Total employees (full-time equivalent)98
Total assets$289,209
Cash and due from depository institutions$5,618
Interest-bearing balances$509
Securities$118,267
Federal funds sold & reverse repurchase agreements$2,230
Net loans & leases$150,482
Loan loss allowance $1,795
Trading account assets$0
Bank premises and fixed assets$4,583
Other real estate owned$329
Goodwill and other intangibles$572
All other assets$7,128
Life insurance assets$289,210
Total liabilities and capital$264,067
Total liabilities$263,268
Total deposits$242,881
Interest-bearing deposits$263,268
Deposits held in domestic offices$94
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $799
All other liabilities $25,143
Total equity capital$25,143
Total bank equity capital$25,143
Perpetual preferred stock$0
Common stock$1,200
Surplus$7,800
Undivided profits $16,143
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $542
Earning assets $0
Long-term assets (5+ years) $2,078
Average Assets, year-to-date $271,488
Average Assets, quarterly $136,558
Volatile liabilities $273,217
Insider loans $284,727
FHLB advances $173,288
Loans and leases held for sale $284,683
Unused loan commitments $4,040
Tier 1 (core) risk-based capital $4,040
Tier 2 risk-based capital $21,893
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $34,830
Derivatives$1,031
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $14,061
Total interest expense $1,362
Net interest income $12,699
Provision for loan and lease losses $480
Total noninterest income $2,702
Fiduciary activities $0
Service charges on deposit accounts $1,865
Trading account gains & fees $0
Additional noninterest income $837
Total noninterest expense $9,476
Salaries and employee benefits $5,024
Premises and equipment expense $1,106
Additional noninterest expense $3,346
Pre-tax net operating income $5,445
Securities gains (losses) $301
Applicable income taxes $0
Income before extraordinary items $5,746
Extraordinary gains - net $0
Net income attributable to bank $5,746
Net charge-offs $0
Cash dividends $5,746
Sale, conversion, retirement of capital stock, net $509
Net operating income $2,823
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.50%
Cost of funding earning assets 0.53%
Net interest margin 4.97%
Noninterest income to earning assets 1.06%
Noninterest expense to earning assets 3.71%
Net operating income to assets 1.99%
Return on assets (ROA) 2.10%
Pretax return on assets 2.10%
Return on equity (ROE) 25.08%
Retained earnings to average equity (YTD only) 12.76%
Net charge-offs to loans 0.33%
Credit loss provision to net charge-offs 94.30%
Efficiency ratio11.64%
Assets per employee$60,425
Cash dividends to net income (YTD only)2.95%
Condition Ratios (%)
Loss allowance to loans 49.13%
Loss allowance to noncurrent loans 1.18%
Noncurrent assets plus other real estate owned to assets 331.18%
Noncurrent loans to loans 0.30%
Net loans and leases to deposits0.36%
Net loans and leases to core deposits 57.16%
Equity capital to assets 59.32%
Core capital (leverage) ratio 8.69%
Tier 1 risk-based capital ratio 7.69%
Total risk-based capital ratio 12.63%
Memoranda
Average assets$14
Average earning assets$273,217
Average equity $22,910
Average loans $255,540
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9 Texas Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
011560The First State BankHighway 59 And Fm Road 1160, Louise, TX 77455May 07, 1956Full Service Brick and Mortar
110955Sweeny Branch208 Second Street, Sweeny, TX 77480November 22, 1949Full Service Brick and Mortar
2242290El Campo Branch1808 West Loop, El Campo, TX 77437Febuary 02, 1987Full Service Brick and Mortar
3242291Blessing BranchAvenue B And 10th Street, Blessing, TX 77419December 30, 1996Full Service Brick and Mortar
4242292Wharton Branch505 East Boling Hwy, Wharton, TX 77488October 23, 1998Full Service Brick and Mortar
5283233Ganado Branch209 West York St., Ganado, TX 77962January 01, 1958Full Service Brick and Mortar
6472035Bay City Branch3600 Seventh Street, Bay City, TX 77414Febuary 15, 2008Full Service Brick and Mortar
7192625Angleton Branch2904 North Velasco, Angleton, TX 77515January 16, 1995Full Service Brick and Mortar
8510942Www.Fsblouise.com BranchHighway 59 & Fm 1160, Louise, TX 77455October 01, 2009Full Service Cyber
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