West Texas State Bank in Snyder, Texas (TX)

Show street view No street view available for this location

West Texas State Bank routing number info

Table of contents:
West Texas State Bank
GeneralFDIC Certificate #: 16866
Status: Active
Federal Reserve ID: 406666
Bank Holding Company (Regulatory Top Holder): Wtsb Bancorp, Inc. (RSSDID: 2692548, Location: Snyder, TX)
Date Established: January 14, 1950
WWW: http://www.ebanktexas.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Domestic: 3, Interstate: No)
FDIC's unique #: 10962
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: January 14, 1950
Last Structure Change Effective Date: December 07, 2009
Last Structure Change Process Date: December 07, 2009
Last Data Update: December 07, 2009
Data Source Date: April 05, 2012
LocationAddress: 1901 26th Street, Snyder, TX 79549
County: Scurry
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Lubbock
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
Core Based Statistical Area (CBSA): Snyder, TX (#43660)
CBSA Micro Statistical Area: Yes
History of ChangesChange in Location
Financial SummaryTotal assets: $144.7 mil
Equity capital: $14.6 mil
Deposits held in domestic offices: $129.9 mil
Return on assets (ROA): 1.60% ($2.3 mil)
Quarterly return on assets: 1.10% ($1.6 mil)
Return on Equity (ROE): 16.20% ($2.4 mil)
Quarterly return on equity: 10.86% ($1.6 mil)
Net income: $2.2 mil
Quarterly Net income: $0.4 mil
Pretax return on assets: 1.60% ($2,315.2 mil)
Quarterly Pretax return on assets: 1.10% ($1,591.7 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)32
Total assets$144,700
Cash and due from depository institutions$11,029
Interest-bearing balances$6,065
Federal funds sold & reverse repurchase agreements$500
Net loans & leases$85,024
Loan loss allowance $1,457
Trading account assets$0
Bank premises and fixed assets$1,009
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$1,556
Life insurance assets$144,700
Total liabilities and capital$130,127
Total liabilities$129,941
Total deposits$80,709
Interest-bearing deposits$129,941
Deposits held in domestic offices$90
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $186
All other liabilities $14,573
Total equity capital$14,573
Total bank equity capital$14,573
Perpetual preferred stock$0
Common stock$2,400
Undivided profits $7,773
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 $3,153
Earning assets $0
Long-term assets (5+ years) $960
Average Assets, year-to-date $137,171
Average Assets, quarterly $68,534
Volatile liabilities $137,994
Insider loans $141,923
FHLB advances $105,923
Loans and leases held for sale $144,062
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $13,784
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $10,983
Back to page top, Back to table top

Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $5,755
Total interest expense $668
Net interest income $5,087
Provision for loan and lease losses $150
Total noninterest income $605
Fiduciary activities $0
Service charges on deposit accounts $386
Trading account gains & fees $0
Additional noninterest income $219
Total noninterest expense $3,362
Salaries and employee benefits $1,837
Premises and equipment expense $329
Additional noninterest expense $1,196
Pre-tax net operating income $2,180
Securities gains (losses) $24
Applicable income taxes $0
Income before extraordinary items $2,204
Extraordinary gains - net $0
Net income attributable to bank $2,204
Net charge-offs $0
Cash dividends $2,204
Sale, conversion, retirement of capital stock, net -$9
Net operating income $1,114
Back to page top, Back to table top

Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.41%
Cost of funding earning assets 0.51%
Net interest margin 3.89%
Noninterest income to earning assets 0.46%
Noninterest expense to earning assets 2.57%
Net operating income to assets 1.58%
Return on assets (ROA) 1.60%
Pretax return on assets 1.60%
Return on equity (ROE) 16.20%
Retained earnings to average equity (YTD only) 8.01%
Net charge-offs to loans -0.01%
Credit loss provision to net charge-offs -1666.67%
Efficiency ratio0.00%
Assets per employee$59,065
Cash dividends to net income (YTD only)4.52%
Condition Ratios (%)
Loss allowance to loans 50.54%
Loss allowance to noncurrent loans 1.68%
Noncurrent assets plus other real estate owned to assets 46.21%
Noncurrent loans to loans 2.18%
Net loans and leases to deposits3.65%
Net loans and leases to core deposits 65.43%
Equity capital to assets 66.82%
Core capital (leverage) ratio 10.07%
Tier 1 risk-based capital ratio 9.57%
Total risk-based capital ratio 13.01%
Average assets$14
Average earning assets$137,994
Average equity $13,608
Average loans $130,623
Back to page top, Back to table top

3 Texas Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
010962West Texas State Bank1901 26th Street, Snyder, TX 79549January 14, 1950Full Service Brick and Mortar
1239180West Texas State Bank Drive-In1901 26th Street, Snyder, TX 79549August 26, 1966Limited Service Facility
23732Edwards Street BranchEdwards Street, Rowena, TX 76875January 01, 1908Full Service Brick and Mortar
Back to page top

User Contributions:

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 West Texas 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.