FDIC Certificate #: 17061 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:State Bank (#10346) Federal Reserve ID: 644356 Date Established: April 17, 1917 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 11117 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: December 04, 1951 Last Structure Change Effective Date: November 06, 1999 Last Structure Change Process Date: Febuary 11, 2000 Last Data Update: Febuary 11, 2000 Data Source Date: April 05, 2012
Location
Address: Main Street, Dime Box, TX 77853 County: Lee 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
Financial Summary
Total assets: $28.8 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
10Total employees (full-time equivalent)
$26,783Total assets
$4,708Cash and due from depository institutions
$3,742Interest-bearing balances
$3,164Securities
$1,385Federal funds sold & reverse repurchase agreements
$17,123Net loans & leases
$359Loan loss allowance
$0Trading account assets
$92Bank premises and fixed assets
$9Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$302All other assets
$26,783Total liabilities and capital
$21,766Total liabilities
$21,687Total deposits
$18,730Interest-bearing deposits
$21,687Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$79All other liabilities
$5,017Total equity capital
$5,017Total bank equity capital
$5,017Perpetual preferred stock
$0Common stock
$280Surplus
$2,320Undivided profits
Memoranda
$2,417Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$591Earning assets
$0Long-term assets (5+ years)
$179Average Assets, year-to-date
$25,414Average Assets, quarterly
$214Volatile liabilities
$26,146Insider loans
$26,861FHLB advances
$4,754Loans and leases held for sale
$17Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$335Total unused commitments
$0Restructured Loans and leases
$17,778Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$2,346Total interest income
$801Total interest expense
$1,545Net interest income
$20Provision for loan and lease losses
$240Total noninterest income
$0Fiduciary activities
$165Service charges on deposit accounts
$0Trading account gains & fees
$75Additional noninterest income
$662Total noninterest expense
$316Salaries and employee benefits
$40Premises and equipment expense
$306Additional noninterest expense
$1,103Pre-tax net operating income
$0Securities gains (losses)
$360Applicable income taxes
$743Income before extraordinary items
$0Extraordinary gains - net
$743Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$14Sale, conversion, retirement of capital stock, net
$336Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
9.49%Yield on earning assets
3.24%Cost of funding earning assets
6.25%Net interest margin
0.97%Noninterest income to earning assets
2.68%Noninterest expense to earning assets
2.84%Net operating income to assets
2.84%Return on assets (ROA)
4.22%Pretax return on assets
15.48%Return on equity (ROE)
8.48%Retained earnings to average equity (YTD only)
-0.09%Net charge-offs to loans
-142.86%Credit loss provision to net charge-offs
0.00%Efficiency ratio
37,087Assets per employee
2.68%Cash dividends to net income (YTD only)
Condition Ratios (%)
45.22%Loss allowance to loans
2.05%Loss allowance to noncurrent loans
60.74%Noncurrent assets plus other real estate owned to assets
2.24%Noncurrent loans to loans
3.38%Net loans and leases to deposits
78.96%Net loans and leases to core deposits
101.12%Equity capital to assets
18.73%Core capital (leverage) ratio
18.59%Tier 1 risk-based capital ratio
28.15%Total risk-based capital ratio
Memoranda
$29Average assets
$26,146Average earning assets
$4,798Average equity
$24,710Average loans
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