Alvin State Bank in Alvin, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 16, 1999

  • Alvin State Bank in Alvin, Texas (TX)
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Alvin State Bank - Overview

  • General
  • FDIC Certificate #: 11892
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Union Planters Bank, National Association (#4979)
    Federal Reserve ID: 351458
    Date Established: January 01, 1906
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    FDIC's unique #: 7595
    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 01, 1934
    Last Structure Change Effective Date: July 16, 1999
    Last Structure Change Process Date: July 23, 1999
    Last Data Update: July 23, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 221 South Gordon Street, Alvin, TX 77511
    County: Brazoria
    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
    Metropolitan Statistical Area (MSA): Brazoria, TX (#1145)
    Consolidated Metropolitan Statistical Area (CMSA): Houston-Galveston-Brazoria, TX (#42)
    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 Summary
  • Total assets: $111.6 mil

1992 - 1999 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, 1998)

  • Dollar figures in thousands
  • 56Total employees (full-time equivalent)
  • $138,815Total assets
  • $16,802Cash and due from depository institutions
  • $0Interest-bearing balances
  • $51,123Securities
  • $11,100Federal funds sold & reverse repurchase agreements
  • $55,318Net loans & leases
  • $1,158Loan loss allowance
  • $0Trading account assets
  • $2,352Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $2,120All other assets
  • $138,815Total liabilities and capital
  • $129,103Total liabilities
  • $127,825Total deposits
  • $100,154Interest-bearing deposits
  • $127,825Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $1,278All other liabilities
  • $9,712Total equity capital
  • $9,712Total bank equity capital
  • $9,712Perpetual preferred stock
  • $0Common stock
  • $3,000Surplus
  • $5,000Undivided profits
  • Memoranda
  • $1,712Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $66Earning assets
  • $0Long-term assets (5+ years)
  • $485Average Assets, year-to-date
  • $117,541Average Assets, quarterly
  • $3,239Volatile liabilities
  • $127,157Insider loans
  • $129,097FHLB advances
  • $6,513Loans and leases held for sale
  • $1,012Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $4,375Total unused commitments
  • $0Restructured Loans and leases
  • $71,564Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $9,062Total interest income
  • $3,147Total interest expense
  • $5,915Net interest income
  • $1,143Provision for loan and lease losses
  • $1,434Total noninterest income
  • $113Fiduciary activities
  • $900Service charges on deposit accounts
  • $0Trading account gains & fees
  • $421Additional noninterest income
  • $4,520Total noninterest expense
  • $2,328Salaries and employee benefits
  • $585Premises and equipment expense
  • $1,607Additional noninterest expense
  • $1,686Pre-tax net operating income
  • $0Securities gains (losses)
  • $307Applicable income taxes
  • $1,379Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,379Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $521Sale, conversion, retirement of capital stock, net
  • $4,802Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.13%Yield on earning assets
  • 2.82%Cost of funding earning assets
  • 5.31%Net interest margin
  • 1.29%Noninterest income to earning assets
  • 4.06%Noninterest expense to earning assets
  • 1.08%Net operating income to assets
  • 1.08%Return on assets (ROA)
  • 1.33%Pretax return on assets
  • 11.12%Return on equity (ROE)
  • -27.61%Retained earnings to average equity (YTD only)
  • 0.89%Net charge-offs to loans
  • 219.39%Credit loss provision to net charge-offs
  • 5.43%Efficiency ratio
  • 61,505Assets per employee
  • 2.48%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 348.22%Loss allowance to loans
  • 2.05%Loss allowance to noncurrent loans
  • 1754.55%Noncurrent assets plus other real estate owned to assets
  • 0.05%Noncurrent loans to loans
  • 0.12%Net loans and leases to deposits
  • 43.28%Net loans and leases to core deposits
  • 45.60%Equity capital to assets
  • 7.00%Core capital (leverage) ratio
  • 7.78%Tier 1 risk-based capital ratio
  • 13.11%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $127,157Average earning assets
  • $12,399Average equity
  • $111,467Average loans

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