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)
  • Show street view No street view available for this location

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

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Union State Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents