Wallis State Bank in Wallis, Texas (TX)



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Wallis State Bank routing number info

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Wallis State Bank
GeneralFDIC Certificate #: 20845
Status: Active
Federal Reserve ID: 283867
Bank Holding Company (Regulatory Top Holder): Wallis Bancshares, Inc. (RSSDID: 2693956, Location: Wallis, TX)
Date Established: October 28, 1972
WWW: http://www.wallisbank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 10 (Domestic: 10, Interstate: No)
OTS Docket #: 10009
FDIC's unique #: 14401
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: Commercial Lending Specialization
Date of Deposit Insurance: October 28, 1972
Last Structure Change Effective Date: March 20, 2009
Last Structure Change Process Date: March 24, 2009
Last Data Update: March 24, 2009
Data Source Date: April 05, 2012
LocationAddress: 6510 Railroad Street, Wallis, TX 77485
County: Austin
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
Combined Statistical Area (CSA): Houston-Baytown-Huntsville, TX (#288)
Core Based Statistical Area (CBSA): Houston-Sugar Land-Baytown, TX (#26420)
CBSA Metro Statistical Area: Houston-Sugar Land-Baytown, TX (#26420)
Financial SummaryTotal assets: $352.8 mil
Equity capital: $33.4 mil
Deposits held in domestic offices: $284.0 mil
Return on assets (ROA): 1.64% ($5.8 mil)
Quarterly return on assets: 1.81% ($6.4 mil)
Return on Equity (ROE): 17.45% ($5.8 mil)
Quarterly return on equity: 18.89% ($6.2 mil)
Net income: $5.6 mil
Quarterly Net income: $1.6 mil
Pretax return on assets: 1.64% ($5,785.3 mil)
Quarterly Pretax return on assets: 1.81% ($6,385.0 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)103
Total assets$352,761
Cash and due from depository institutions$72,360
Interest-bearing balances$67,159
Securities$13,926
Federal funds sold & reverse repurchase agreements$661
Net loans & leases$246,905
Loan loss allowance $3,362
Trading account assets$0
Bank premises and fixed assets$7,888
Other real estate owned$3,844
Goodwill and other intangibles$91
All other assets$7,086
Life insurance assets$352,761
Total liabilities and capital$319,368
Total liabilities$283,962
Total deposits$215,199
Interest-bearing deposits$283,962
Deposits held in domestic offices$98
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$34,750
Other borrowed funds $0
Subordinated debt $656
All other liabilities $33,393
Total equity capital$33,393
Total bank equity capital$33,393
Perpetual preferred stock$0
Common stock$1,500
Surplus$18,500
Undivided profits $13,393
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 $1,630
Earning assets $39
Long-term assets (5+ years) $846
Average Assets, year-to-date $328,651
Average Assets, quarterly $48,453
Volatile liabilities $343,080
Insider loans $350,671
FHLB advances $278,889
Loans and leases held for sale $357,477
Unused loan commitments $3,652
Tier 1 (core) risk-based capital $3,652
Tier 2 risk-based capital $33,275
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $31,990
Derivatives$1,970
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $17,919
Total interest expense $3,277
Net interest income $14,642
Provision for loan and lease losses $900
Total noninterest income $3,164
Fiduciary activities $0
Service charges on deposit accounts $1,356
Trading account gains & fees $0
Additional noninterest income $1,808
Total noninterest expense $11,535
Salaries and employee benefits $6,636
Premises and equipment expense $1,514
Additional noninterest expense $3,385
Pre-tax net operating income $5,371
Securities gains (losses) $253
Applicable income taxes $0
Income before extraordinary items $5,624
Extraordinary gains - net $0
Net income attributable to bank $5,624
Net charge-offs $0
Cash dividends $5,624
Sale, conversion, retirement of capital stock, net $599
Net operating income $3,175
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.64%
Cost of funding earning assets 1.03%
Net interest margin 4.61%
Noninterest income to earning assets 1.00%
Noninterest expense to earning assets 3.63%
Net operating income to assets 1.57%
Return on assets (ROA) 1.64%
Pretax return on assets 1.64%
Return on equity (ROE) 17.45%
Retained earnings to average equity (YTD only) 7.60%
Net charge-offs to loans 0.24%
Credit loss provision to net charge-offs 150.25%
Efficiency ratio10.47%
Assets per employee$64,782
Cash dividends to net income (YTD only)3.42%
Condition Ratios (%)
Loss allowance to loans 56.45%
Loss allowance to noncurrent loans 1.34%
Noncurrent assets plus other real estate owned to assets 206.26%
Noncurrent loans to loans 1.55%
Net loans and leases to deposits0.65%
Net loans and leases to core deposits 86.95%
Equity capital to assets 96.14%
Core capital (leverage) ratio 9.47%
Tier 1 risk-based capital ratio 9.31%
Total risk-based capital ratio 11.93%
Memoranda
Average assets$13
Average earning assets$343,080
Average equity $32,234
Average loans $317,860
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10 Texas Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
014401Wallis State Bank6510 Railroad Street, Wallis, TX 77485October 28, 1972Full Service Brick and Mortar
1251801Fulshear Branch30506 First Street, Fulshear, TX 77441March 04, 1992Full Service Brick and Mortar
2251802Houston Branch4100 Westheimer, Suite 100, Houston, TX 77027April 19, 1993Full Service Brick and Mortar
3288437Eagle Lake Branch111 North Mccarthy, Eagle Lake, TX 77434September 09, 1988Full Service Brick and Mortar
5251803Meadows Office11311 West Airport Blvd, Stafford, TX 77477December 29, 1997Full Service Brick and Mortar
6251804Town & Country Lane Branch900 Town & Country Lane, Houston, TX 77024March 15, 1999Full Service Brick and Mortar
7443194San Antonio Branch10100 Reunion Place Suite 125, San Antonio, TX 78216December 13, 2004Full Service Brick and Mortar
8479853Wallis State Bank Branch5401 Harrisburg, Houston, TX 77011January 01, 2008Full Service Brick and Mortar
9506282Wallis State Bank Branch10055 Almeda Genoa Road, Suite 100, Houston, TX 77075March 01, 2010Full Service Brick and Mortar
10521600Northwest Branch12907 Fm 1960 Road W., Houston, TX 77065March 04, 2011Full Service Brick and Mortar
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