Union State Bank in East Bernard, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 01, 1998

  • Union State Bank in East Bernard, Texas (TX)
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Union State Bank - Overview

  • General
  • FDIC Certificate #: 10713
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Prosperity Bank (#16835)
    Federal Reserve ID: 592354
    Date Established: January 19, 1907
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 6873
    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 15, 1934
    Last Structure Change Effective Date: October 01, 1998
    Last Structure Change Process Date: Febuary 17, 1999
    Last Data Update: Febuary 17, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 700 Church Street, East Bernard, TX 77435
    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 Summary
  • Total assets: $79.4 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 22Total employees (full-time equivalent)
  • $78,699Total assets
  • $2,514Cash and due from depository institutions
  • $0Interest-bearing balances
  • $48,817Securities
  • $6,300Federal funds sold & reverse repurchase agreements
  • $19,789Net loans & leases
  • $649Loan loss allowance
  • $0Trading account assets
  • $187Bank premises and fixed assets
  • $141Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $951All other assets
  • $78,699Total liabilities and capital
  • $66,444Total liabilities
  • $66,144Total deposits
  • $57,594Interest-bearing deposits
  • $66,144Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $300All other liabilities
  • $12,255Total equity capital
  • $12,255Total bank equity capital
  • $12,255Perpetual preferred stock
  • $0Common stock
  • $700Surplus
  • $3,300Undivided profits
  • Memoranda
  • $8,255Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $22Earning assets
  • $0Long-term assets (5+ years)
  • $313Average Assets, year-to-date
  • $74,906Average Assets, quarterly
  • $10,612Volatile liabilities
  • $77,483Insider loans
  • $78,578FHLB advances
  • $9,793Loans and leases held for sale
  • $756Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $7,818Total unused commitments
  • $0Restructured Loans and leases
  • $29,522Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $5,197Total interest income
  • $2,502Total interest expense
  • $2,695Net interest income
  • -$75Provision for loan and lease losses
  • $320Total noninterest income
  • $0Fiduciary activities
  • $219Service charges on deposit accounts
  • $0Trading account gains & fees
  • $101Additional noninterest income
  • $1,502Total noninterest expense
  • $971Salaries and employee benefits
  • $106Premises and equipment expense
  • $425Additional noninterest expense
  • $1,588Pre-tax net operating income
  • $0Securities gains (losses)
  • $422Applicable income taxes
  • $1,166Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,166Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • -$22Sale, conversion, retirement of capital stock, net
  • $420Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.04%Yield on earning assets
  • 3.39%Cost of funding earning assets
  • 3.65%Net interest margin
  • 0.43%Noninterest income to earning assets
  • 2.03%Noninterest expense to earning assets
  • 1.50%Net operating income to assets
  • 1.50%Return on assets (ROA)
  • 2.05%Pretax return on assets
  • 9.83%Return on equity (ROE)
  • 6.29%Retained earnings to average equity (YTD only)
  • -0.10%Net charge-offs to loans
  • 340.91%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 49,818Assets per employee
  • 3.58%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 36.02%Loss allowance to loans
  • 3.18%Loss allowance to noncurrent loans
  • 2950.00%Noncurrent assets plus other real estate owned to assets
  • 0.21%Noncurrent loans to loans
  • 0.11%Net loans and leases to deposits
  • 29.92%Net loans and leases to core deposits
  • 35.12%Equity capital to assets
  • 15.57%Core capital (leverage) ratio
  • 15.58%Tier 1 risk-based capital ratio
  • 42.00%Total risk-based capital ratio
  • Memoranda
  • $43Average assets
  • $77,483Average earning assets
  • $11,867Average equity
  • $73,815Average loans

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