FDIC Certificate #: 29079 Status: Inactive Closing history: Absorption - Without Assistance Acquiring institution:The First National Bank of Bastrop (#3091) Federal Reserve ID: 806770 Date Established: August 01, 1934 Bank Charter Class: Savings banks, state charter, supervised by the FDIC Offices: 1 (Interstate: No) OTS Docket #: 2877 FDIC's unique #: 41913 Numeric code: 41 Regulator: FDIC Insurance Fund Membership: Savings Association Insurance Fund (SAIF) FDIC Insured: Yes SAIF Insured: Yes Insured Savings Institution: Yes State Chartered: Yes Date of Deposit Insurance: December 22, 1934 Last Structure Change Effective Date: July 29, 2002 Last Structure Change Process Date: October 29, 2002 Last Data Update: October 29, 2002 Data Source Date: April 05, 2012
Location
Address: 312 Main Street, Smithville, TX 78957 County: Bastrop Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Austin Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): Austin-San Marcos, TX (#640) Combined Statistical Area (CSA): Austin-Round Rock-Marble Falls, TX (#126) Core Based Statistical Area (CBSA): Austin-Round Rock-San Marcos, TX (#12420) CBSA Metro Statistical Area: Austin-Round Rock-San Marcos, TX (#12420)
Financial Summary
Total assets: $33.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2001)
Dollar figures in thousands
15Total employees (full-time equivalent)
$36,243Total assets
$1,454Cash and due from depository institutions
$1,189Interest-bearing balances
$12,670Securities
$0Federal funds sold & reverse repurchase agreements
$20,049Net loans & leases
$257Loan loss allowance
$0Trading account assets
$1,288Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$782All other assets
$36,243Total liabilities and capital
$31,706Total liabilities
$27,551Total deposits
$25,916Interest-bearing deposits
$27,551Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$3,731Other borrowed funds
$0Subordinated debt
$424All other liabilities
$4,537Total equity capital
$4,537Total bank equity capital
$4,537Perpetual preferred stock
$0Common stock
$3Surplus
$1,097Undivided profits
Memoranda
$3,437Noncurrent loans and leases
$2,415Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$93Earning assets
$0Long-term assets (5+ years)
$243Average Assets, year-to-date
$33,908Average Assets, quarterly
$7,248Volatile liabilities
$36,338Insider loans
$36,031FHLB advances
$5,892Loans and leases held for sale
$337Unused loan commitments
$3,731Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$2,415Total unused commitments
$0Restructured Loans and leases
$373Derivatives
Income and Expense (December 31, 2001)
Dollar figures in thousands
$2,610Total interest income
$1,340Total interest expense
$1,270Net interest income
$36Provision for loan and lease losses
$215Total noninterest income
$0Fiduciary activities
$95Service charges on deposit accounts
$0Trading account gains & fees
$120Additional noninterest income
$1,092Total noninterest expense
$606Salaries and employee benefits
$134Premises and equipment expense
$352Additional noninterest expense
$357Pre-tax net operating income
$104Securities gains (losses)
$146Applicable income taxes
$315Income before extraordinary items
$0Extraordinary gains - net
$315Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$7Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2001)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.67%Yield on earning assets
3.94%Cost of funding earning assets
3.73%Net interest margin
0.63%Noninterest income to earning assets
3.21%Noninterest expense to earning assets
0.67%Net operating income to assets
0.87%Return on assets (ROA)
1.27%Pretax return on assets
7.13%Return on equity (ROE)
7.13%Retained earnings to average equity (YTD only)
0.03%Net charge-offs to loans
514.29%Credit loss provision to net charge-offs
56.14%Efficiency ratio
73,535Assets per employee
2.42%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.27%Loss allowance to noncurrent loans
276.34%Noncurrent assets plus other real estate owned to assets
0.26%Noncurrent loans to loans
0.46%Net loans and leases to deposits
72.77%Net loans and leases to core deposits
80.12%Equity capital to assets
12.52%Core capital (leverage) ratio
11.92%Tier 1 risk-based capital ratio
23.08%Total risk-based capital ratio
Memoranda
$25Average assets
$36,338Average earning assets
$4,418Average equity
$34,017Average loans
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