The First State Bank in Rice, Texas (TX)

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The First State Bank routing number info

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The First State Bank
GeneralFDIC Certificate #: 9973
Status: Active
Federal Reserve ID: 736662
Bank Holding Company (Regulatory Top Holder): Rice Bancshares, Inc. (RSSDID: 3600399, Location: Rice, TX)
Date Established: Febuary 27, 1928
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Domestic: 4, Interstate: No)
FDIC's unique #: 6374
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: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: April 25, 2009
Last Structure Change Process Date: May 18, 2009
Last Data Update: May 18, 2009
Data Source Date: April 05, 2012
LocationAddress: 100 North Mckinney Street, Rice, TX 75155
County: Navarro
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
Core Based Statistical Area (CBSA): Corsicana, TX (#18620)
CBSA Micro Statistical Area: Yes
History of ChangesOffice Purchased
Financial SummaryTotal assets: $122.5 mil
Equity capital: $13.9 mil
Deposits held in domestic offices: $107.9 mil
Return on assets (ROA): 0.45% ($0.6 mil)
Quarterly return on assets: 0.03% ($0.0 mil)
Return on Equity (ROE): 4.22% ($0.6 mil)
Quarterly return on equity: 0.26% ($0.0 mil)
Net income: $0.6 mil
Quarterly Net income: $0.0 mil
Pretax return on assets: 0.76% ($931.2 mil)
Quarterly Pretax return on assets: 0.46% ($563.6 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, 2011)
(Dollar figures in thousands)
Total employees (full-time equivalent)26
Total assets$122,532
Cash and due from depository institutions$4,816
Interest-bearing balances$255
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$61,428
Loan loss allowance $827
Trading account assets$0
Bank premises and fixed assets$5,172
Other real estate owned$425
Goodwill and other intangibles$1,862
All other assets$1,573
Life insurance assets$122,532
Total liabilities and capital$108,587
Total liabilities$107,883
Total deposits$88,456
Interest-bearing deposits$107,883
Deposits held in domestic offices$73
% insured (estimated)300.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $404
All other liabilities $13,945
Total equity capital$13,945
Total bank equity capital$13,945
Perpetual preferred stock$0
Common stock$315
Undivided profits $1,224
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 $300
Earning assets $0
Long-term assets (5+ years) $680
Average Assets, year-to-date $108,939
Average Assets, quarterly $59,163
Volatile liabilities $123,131
Insider loans $125,809
FHLB advances $70,693
Loans and leases held for sale $126,016
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $11,448
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $6,803
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $5,389
Total interest expense $1,160
Net interest income $4,229
Provision for loan and lease losses $852
Total noninterest income $434
Fiduciary activities $0
Service charges on deposit accounts $386
Trading account gains & fees $0
Additional noninterest income $48
Total noninterest expense $3,124
Salaries and employee benefits $1,597
Premises and equipment expense $596
Additional noninterest expense $931
Pre-tax net operating income $687
Securities gains (losses) $249
Applicable income taxes $378
Income before extraordinary items $558
Extraordinary gains - net $0
Net income attributable to bank $558
Net charge-offs $0
Cash dividends $558
Sale, conversion, retirement of capital stock, net $698
Net operating income $15
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.82%
Cost of funding earning assets 1.04%
Net interest margin 3.78%
Noninterest income to earning assets 0.39%
Noninterest expense to earning assets 2.79%
Net operating income to assets 0.32%
Return on assets (ROA) 0.45%
Pretax return on assets 0.76%
Return on equity (ROE) 4.22%
Retained earnings to average equity (YTD only) 4.11%
Net charge-offs to loans 1.18%
Credit loss provision to net charge-offs 122.06%
Efficiency ratio2.20%
Assets per employee$66,995
Cash dividends to net income (YTD only)4.71%
Condition Ratios (%)
Loss allowance to loans 2.69%
Loss allowance to noncurrent loans 1.33%
Noncurrent assets plus other real estate owned to assets 275.67%
Noncurrent loans to loans 0.59%
Net loans and leases to deposits0.48%
Net loans and leases to core deposits 56.94%
Equity capital to assets 61.73%
Core capital (leverage) ratio 11.38%
Tier 1 risk-based capital ratio 9.08%
Total risk-based capital ratio 16.19%
Average assets$17
Average earning assets$123,131
Average equity $13,215
Average loans $111,787
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4 Texas Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
06374The First State Bank100 North Mckinney Street, Rice, TX 75155Febuary 27, 1928Full Service Brick and Mortar
1446201Italy Branch100 W. Main St, Italy, TX 76651December 06, 2005Full Service Brick and Mortar
2501641Waxahachie Branch104 Broadhead Road, Waxahachie, TX 75165January 07, 2010Full Service Brick and Mortar
3511420The First State Bank Branch909 S. Clay, Ennis, TX 75119March 22, 2010Full Service Brick and Mortar
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