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

This bank is inactive as of October 01, 1994

Brownfield State Bank in Brownfield, Texas (TX)
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Brownfield State Bank - Overview

General
FDIC Certificate #: 24983
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: American State Bank (#16701)
Federal Reserve ID: 47050
Date Established: Febuary 17, 1984
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 17307
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: Febuary 17, 1984
Last Structure Change Effective Date: October 01, 1994
Last Structure Change Process Date: October 19, 1994
Last Data Update: October 19, 1994
Data Source Date: April 05, 2012
Location
Address: 400 West Broadway, Brownfield, TX 79316
County: Terry
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
Financial Summary
Total assets: $57.6 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$30Total assets
$63,521Cash and due from depository institutions
$2,357Interest-bearing balances
$0Securities
$38,827Federal funds sold & reverse repurchase agreements
$6,250Net loans & leases
$14,306Loan loss allowance
$600Trading account assets
$0Bank premises and fixed assets
$569Other real estate owned
$0Goodwill and other intangibles
$1,212Life insurance assets
$0All other assets
$0Total liabilities and capital
$63,521Total liabilities
$56,701Total deposits
$50,044Interest-bearing deposits
$42,125Deposits held in domestic offices
50044.00%% insured (estimated)
$74Federal funds purchased & repurchase agreements
$6,457Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$200Total equity capital
$200Total bank equity capital
$6,820Perpetual preferred stock
$0Common stock
$1,000Surplus
$2,000Undivided profits
Memoranda
$3,820Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$10Income earned, not collected on loans
$335Earning assets
$59,383Long-term assets (5+ years)
$3,606Average Assets, year-to-date
$58,771Average Assets, quarterly
$59,335Volatile liabilities
$17,584Insider loans
$160FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$603Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$6,732Total risk weighted assets
$18,911Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$3,568Total interest expense
$1,201Net interest income
$2,367Provision for loan and lease losses
$113Total noninterest income
$531Fiduciary activities
$0Service charges on deposit accounts
$263Trading account gains & fees
$0Additional noninterest income
$268Total noninterest expense
$1,733Salaries and employee benefits
$966Premises and equipment expense
$276Additional noninterest expense
$491Pre-tax net operating income
$1,052Securities gains (losses)
$0Applicable income taxes
$305Income before extraordinary items
$747Extraordinary gains - net
-$6Net income attributable to bank
$741Net charge-offs
$83Cash dividends
$510Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
6.53%Cost of funding earning assets
2.20%Net interest margin
4.33%Noninterest income to earning assets
0.97%Noninterest expense to earning assets
3.17%Net operating income to assets
1.27%Return on assets (ROA)
1.26%Pretax return on assets
1.78%Return on equity (ROE)
11.26%Retained earnings to average equity (YTD only)
3.51%Net charge-offs to loans
0.62%Credit loss provision to net charge-offs
136.14%Efficiency ratio
59,800Assets per employee
2.12%Cash dividends to net income (YTD only)
Condition Ratios (%)
68.83%Loss allowance to loans
4.03%Loss allowance to noncurrent loans
6000.00%Noncurrent assets plus other real estate owned to assets
0.02%Noncurrent loans to loans
0.07%Net loans and leases to deposits
28.59%Net loans and leases to core deposits
36.76%Equity capital to assets
10.74%Core capital (leverage) ratio
11.25%Tier 1 risk-based capital ratio
35.60%Total risk-based capital ratio
Memoranda
$37Average assets
$58,771Average earning assets
$6,582Average equity
$54,630Average loans

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