FDIC Certificate #: 16643 Status: Active Federal Reserve ID: 603755 Date Established: November 08, 1947 WWW:http://www.fsbjunction.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 10781 Numeric code: 13 Regulator: FED Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Agricultural lending institution: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: Yes Asset Concentration Hierarchy: Agricultural Specialization Date of Deposit Insurance: November 08, 1947 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: 601 College, Junction, TX 76849 County: Kimble 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
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $40.0 mil Equity capital: $3.8 mil Deposits held in domestic offices: $36.0 mil Return on assets (ROA): 1.04% ($0.4 mil) Quarterly return on assets: 0.72% ($0.3 mil) Return on Equity (ROE): 10.19% ($0.4 mil) Quarterly return on equity: 7.12% ($0.3 mil) Net income: $0.4 mil Quarterly Net income: $0.1 mil Pretax return on assets: 1.04% ($416.4 mil) Quarterly Pretax return on assets: 0.72% ($288.3 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
12Total employees (full-time equivalent)
$40,041Total assets
$969Cash and due from depository institutions
$8Interest-bearing balances
$17,053Securities
$2,890Federal funds sold & reverse repurchase agreements
$17,191Net loans & leases
$255Loan loss allowance
$0Trading account assets
$661Bank premises and fixed assets
$74Other real estate owned
$0Goodwill and other intangibles
$40,041Life insurance assets
$1,203All other assets
$36,222Total liabilities and capital
$35,975Total liabilities
$28,552Total deposits
$35,975Interest-bearing deposits
$72Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$247Subordinated debt
$3,819All other liabilities
$3,819Total equity capital
$3,819Total bank equity capital
$0Perpetual preferred stock
$237Common stock
$1,563Surplus
$2,019Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$165Long-term assets (5+ years)
$37,142Average Assets, year-to-date
$13,275Average Assets, quarterly
$37,250Volatile liabilities
$38,782Insider loans
$21,764FHLB advances
$39,030Loans and leases held for sale
$798Unused loan commitments
$529Tier 1 (core) risk-based capital
$3,638Tier 2 risk-based capital
$269Total risk weighted assets
$0Total unused commitments
$789Restructured Loans and leases
$595Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,780Total interest income
$150Total interest expense
$1,630Net interest income
$25Provision for loan and lease losses
$251Total noninterest income
$0Fiduciary activities
$136Service charges on deposit accounts
$0Trading account gains & fees
$115Additional noninterest income
$1,444Total noninterest expense
$760Salaries and employee benefits
$178Premises and equipment expense
$506Additional noninterest expense
$412Pre-tax net operating income
-$25Securities gains (losses)
$0Applicable income taxes
$387Income before extraordinary items
$0Extraordinary gains - net
$387Net income attributable to bank
$0Net charge-offs
$387Cash dividends
$45Sale, conversion, retirement of capital stock, net
$322Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.18%Yield on earning assets
0.44%Cost of funding earning assets
4.74%Net interest margin
0.73%Noninterest income to earning assets
4.20%Noninterest expense to earning assets
1.11%Net operating income to assets
1.04%Return on assets (ROA)
1.04%Pretax return on assets
10.19%Return on equity (ROE)
1.71%Retained earnings to average equity (YTD only)
0.26%Net charge-offs to loans
55.56%Credit loss provision to net charge-offs
9.71%Efficiency ratio
76,768Assets per employee
3.34%Cash dividends to net income (YTD only)
Condition Ratios (%)
83.20%Loss allowance to loans
1.46%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.18%Noncurrent loans to loans
0.00%Net loans and leases to deposits
47.79%Net loans and leases to core deposits
48.15%Equity capital to assets
9.54%Core capital (leverage) ratio
9.32%Tier 1 risk-based capital ratio
16.72%Total risk-based capital ratio
Memoranda
$18Average assets
$37,250Average earning assets
$3,796Average equity
$34,390Average loans
List of branches
1 Texas Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
10781
First State Bank
601 College, Junction, TX 76849
November 08, 1947
Full Service Brick and Mortar
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