Basile State Bank in Basile, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches


Basile State Bank - Overview

  • General
  • FDIC Certificate #: 17621
    Status: Active
    Federal Reserve ID: 188739
    Bank Holding Company (Regulatory Top Holder): Basile Bancshares, Inc. (RSSDID: 2937182, Location: Basile, LA)
    Date Established: July 02, 1956
    WWW: http://www.basilebank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 11592
    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: July 02, 1956
    Last Structure Change Effective Date: November 15, 2006
    Last Structure Change Process Date: December 15, 2006
    Last Data Update: December 15, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 3031 Stagg Ave, Basile, LA 70515
    County: Evangeline
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Baton Rouge
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Western
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $51.0 mil
    Equity capital: $4.9 mil
    Deposits held in domestic offices: $46.0 mil
    Return on assets (ROA): 1.99% ($1.0 mil)
    Quarterly return on assets: 1.66% ($0.8 mil)
    Return on Equity (ROE): 20.87% ($1.0 mil)
    Quarterly return on equity: 17.37% ($0.9 mil)
    Net income: $1.0 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 1.99% ($1,014.9 mil)
    Quarterly Pretax return on assets: 1.66% ($846.6 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
  • 18Total employees (full-time equivalent)
  • $50,998Total assets
  • $5,110Cash and due from depository institutions
  • $3,187Interest-bearing balances
  • $2,978Securities
  • $2,000Federal funds sold & reverse repurchase agreements
  • $38,673Net loans & leases
  • $414Loan loss allowance
  • $0Trading account assets
  • $1,123Bank premises and fixed assets
  • $7Other real estate owned
  • $0Goodwill and other intangibles
  • $50,998Life insurance assets
  • $1,107All other assets
  • $46,111Total liabilities and capital
  • $46,021Total liabilities
  • $35,643Total deposits
  • $46,021Interest-bearing deposits
  • $94Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $90Subordinated debt
  • $4,887All other liabilities
  • $4,887Total equity capital
  • $4,887Total bank equity capital
  • $0Perpetual preferred stock
  • $90Common stock
  • $1,510Surplus
  • $3,287Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $824Income earned, not collected on loans
  • $0Earning assets
  • $381Long-term assets (5+ years)
  • $46,838Average Assets, year-to-date
  • $9,820Average Assets, quarterly
  • $51,105Volatile liabilities
  • $51,510Insider loans
  • $34,824FHLB advances
  • $51,223Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $4,765Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,124Restructured Loans and leases
  • $201Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,991Total interest income
  • $405Total interest expense
  • $2,586Net interest income
  • $207Provision for loan and lease losses
  • $561Total noninterest income
  • $0Fiduciary activities
  • $454Service charges on deposit accounts
  • $0Trading account gains & fees
  • $107Additional noninterest income
  • $1,925Total noninterest expense
  • $880Salaries and employee benefits
  • $250Premises and equipment expense
  • $795Additional noninterest expense
  • $1,015Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $1,015Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,015Net income attributable to bank
  • $0Net charge-offs
  • $1,015Cash dividends
  • $109Sale, conversion, retirement of capital stock, net
  • $885Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.37%Yield on earning assets
  • 0.86%Cost of funding earning assets
  • 5.51%Net interest margin
  • 1.19%Noninterest income to earning assets
  • 4.10%Noninterest expense to earning assets
  • 1.99%Net operating income to assets
  • 1.99%Return on assets (ROA)
  • 1.99%Pretax return on assets
  • 20.87%Return on equity (ROE)
  • 2.67%Retained earnings to average equity (YTD only)
  • 0.28%Net charge-offs to loans
  • 189.91%Credit loss provision to net charge-offs
  • 11.21%Efficiency ratio
  • 61,169Assets per employee
  • 2.83%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 87.19%Loss allowance to loans
  • 1.06%Loss allowance to noncurrent loans
  • 50.24%Noncurrent assets plus other real estate owned to assets
  • 1.63%Noncurrent loans to loans
  • 2.11%Net loans and leases to deposits
  • 84.03%Net loans and leases to core deposits
  • 89.11%Equity capital to assets
  • 9.58%Core capital (leverage) ratio
  • 9.30%Tier 1 risk-based capital ratio
  • 13.68%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $51,105Average earning assets
  • $4,864Average equity
  • $46,971Average loans

List of branches

  • 2 Louisiana Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    011592Basile State Bank3031 Stagg Ave, Basile, LA 70515July 02, 1956Full Service Brick and Mortar
    1242370Eunice Branch751 West Maple Avenue, Eunice, LA 70535June 01, 1994Full Service Brick and Mortar

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