First State Bank in city_name, state_name - Detailed Financial Reports, Location

First State Bank in Stratford, Texas (TX)
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First State Bank - Overview

General
FDIC Certificate #: 16695
Status: Active
Federal Reserve ID: 410560
Bank Holding Company (Regulatory Top Holder): Stratford Bancshares, Inc. (RSSDID: 1138160, Location: Stratford, TX)
Date Established: April 26, 1948
WWW: http://www.firstclassbanking.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Domestic: 3, Interstate: No)
OTS Docket #: 13105
FDIC's unique #: 10819
Numeric code: 21
Regulator: FDIC
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: April 26, 1948
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: 302 North Main Street, Stratford, TX 79084
County: Sherman
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
History of Changes
Change in Geographic Region/Area/Territory/Field Office
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $192.1 mil
Equity capital: $20.7 mil
Deposits held in domestic offices: $171.1 mil
Return on assets (ROA): 1.52% ($2.9 mil)
Quarterly return on assets: 1.52% ($2.9 mil)
Return on Equity (ROE): 14.30% ($3.0 mil)
Quarterly return on equity: 14.16% ($3.0 mil)
Net income: $2.8 mil
Quarterly Net income: $0.7 mil
Pretax return on assets: 1.52% ($2,919.2 mil)
Quarterly Pretax return on assets: 1.52% ($2,919.2 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
48Total employees (full-time equivalent)
$192,050Total assets
$22,997Cash and due from depository institutions
$16,852Interest-bearing balances
$47,242Securities
$12,014Federal funds sold & reverse repurchase agreements
$102,279Net loans & leases
$708Loan loss allowance
$0Trading account assets
$4,444Bank premises and fixed assets
$0Other real estate owned
$846Goodwill and other intangibles
$192,050Life insurance assets
$2,228All other assets
$171,397Total liabilities and capital
$171,092Total liabilities
$125,147Total deposits
$171,092Interest-bearing deposits
$92Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$61Trading liabilities
$0Other borrowed funds
$244Subordinated debt
$20,653All other liabilities
$20,653Total equity capital
$20,653Total bank equity capital
$0Perpetual preferred stock
$600Common stock
$9,400Surplus
$10,653Undivided 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
$1,397Long-term assets (5+ years)
$178,387Average Assets, year-to-date
$53,374Average Assets, quarterly
$183,853Volatile liabilities
$189,027Insider loans
$117,768FHLB advances
$192,728Loans and leases held for sale
$168Unused loan commitments
$168Tier 1 (core) risk-based capital
$18,800Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$39,795Restructured Loans and leases
$5,541Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$7,226Total interest income
$895Total interest expense
$6,331Net interest income
$0Provision for loan and lease losses
$1,144Total noninterest income
$186Fiduciary activities
$330Service charges on deposit accounts
$0Trading account gains & fees
$628Additional noninterest income
$4,701Total noninterest expense
$3,004Salaries and employee benefits
$477Premises and equipment expense
$1,220Additional noninterest expense
$2,774Pre-tax net operating income
$16Securities gains (losses)
$0Applicable income taxes
$2,790Income before extraordinary items
$0Extraordinary gains - net
$2,790Net income attributable to bank
$0Net charge-offs
$2,790Cash dividends
-$3Sale, conversion, retirement of capital stock, net
$1,696Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.25%Yield on earning assets
0.53%Cost of funding earning assets
3.73%Net interest margin
0.67%Noninterest income to earning assets
2.77%Noninterest expense to earning assets
1.51%Net operating income to assets
1.52%Return on assets (ROA)
1.52%Pretax return on assets
14.30%Return on equity (ROE)
5.61%Retained earnings to average equity (YTD only)
-0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
62,890Assets per employee
4.00%Cash dividends to net income (YTD only)
Condition Ratios (%)
60.79%Loss allowance to loans
0.69%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
59.78%Net loans and leases to core deposits
61.85%Equity capital to assets
10.75%Core capital (leverage) ratio
9.75%Tier 1 risk-based capital ratio
15.96%Total risk-based capital ratio
Memoranda
$17Average assets
$183,853Average earning assets
$19,506Average equity
$169,945Average loans

Total Fiduciary and Related Assets (December 31, 2011)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$27,052Managed Assets
1Number of Accounts
$22,372Personal trust and agency accounts
$22,149Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$223Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
74Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$4,680Other retirement accounts
$0Corporate trust and agency accounts
$0Other fiduciary accounts
$4,680Fiduciary accounts held in foreign offices

List of branches

3 Texas Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	10819	First State Bank	302 North Main Street, Stratford, TX 79084	April 26, 1948	Full Service Brick and Mortar
1	43931	Dumas Office	500 East First Street, Dumas, TX 79029	January 01, 1958	Full Service Brick and Mortar
3	283489	Dalhart Office	1601 16th Street, Dalhart, TX 79022	January 01, 1958	Full Service Brick and Mortar

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

First State Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

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

First State Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

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