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

First State Bank in Chico, Texas (TX)
Show street view No street view available for this location

First State Bank routing number info

First State Bank - Overview

General
FDIC Certificate #: 17856
Status: Active
Federal Reserve ID: 750154
Bank Holding Company (Regulatory Top Holder): Chico Bancorp, Inc. (RSSDID: 2088208, Location: Chico, TX)
Date Established: April 18, 1958
WWW: http://www.fsbwise.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Domestic: 4, Interstate: No)
FDIC's unique #: 11797
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: April 18, 1958
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: 201 South Weatherford Street, Chico, TX 76431
County: Wise
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Dallas
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
Combined Statistical Area (CSA): Dallas-Fort Worth, TX (#206)
Core Based Statistical Area (CBSA): Dallas-Fort Worth-Arlington, TX (#19100)
CBSA Metro Statistical Area: Dallas-Fort Worth-Arlington, TX (#19100)
Core Based Statistical Division: Fort Worth-Arlington, TX (#23104)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $231.3 mil
Equity capital: $19.6 mil
Deposits held in domestic offices: $209.9 mil
Return on assets (ROA): 0.61% ($1.4 mil)
Quarterly return on assets: -0.21% (-$0.5 mil)
Return on Equity (ROE): 7.71% ($1.5 mil)
Quarterly return on equity: -2.49% (-$0.5 mil)
Net income: $1.4 mil
Quarterly Net income: -$0.1 mil
Pretax return on assets: 0.59% ($1,364.7 mil)
Quarterly Pretax return on assets: -0.21% (-$485.7 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
60Total employees (full-time equivalent)
$231,297Total assets
$8,354Cash and due from depository institutions
$984Interest-bearing balances
$62,755Securities
$2,585Federal funds sold & reverse repurchase agreements
$142,181Net loans & leases
$2,228Loan loss allowance
$0Trading account assets
$7,630Bank premises and fixed assets
$2,631Other real estate owned
$0Goodwill and other intangibles
$231,297Life insurance assets
$5,161All other assets
$211,744Total liabilities and capital
$209,882Total liabilities
$174,342Total deposits
$209,882Interest-bearing deposits
$85Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$1,462Trading liabilities
$0Other borrowed funds
$400Subordinated debt
$19,553All other liabilities
$19,553Total equity capital
$19,553Total bank equity capital
$0Perpetual preferred stock
$140Common stock
$10,086Surplus
$9,327Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$967Income earned, not collected on loans
$0Earning assets
$848Long-term assets (5+ years)
$208,505Average Assets, year-to-date
$123,596Average Assets, quarterly
$225,443Volatile liabilities
$231,237Insider loans
$150,543FHLB advances
$231,090Loans and leases held for sale
$2,985Unused loan commitments
$2,985Tier 1 (core) risk-based capital
$18,534Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$4,765Restructured Loans and leases
$190Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$12,229Total interest income
$2,437Total interest expense
$9,792Net interest income
$2,277Provision for loan and lease losses
$83Total noninterest income
$0Fiduciary activities
$816Service charges on deposit accounts
$0Trading account gains & fees
-$733Additional noninterest income
$6,420Total noninterest expense
$3,165Salaries and employee benefits
$1,044Premises and equipment expense
$2,211Additional noninterest expense
$1,178Pre-tax net operating income
$160Securities gains (losses)
-$40Applicable income taxes
$1,378Income before extraordinary items
$0Extraordinary gains - net
$1,378Net income attributable to bank
$0Net charge-offs
$1,378Cash dividends
$1,670Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
6.02%Yield on earning assets
1.20%Cost of funding earning assets
4.82%Net interest margin
0.04%Noninterest income to earning assets
3.16%Noninterest expense to earning assets
0.54%Net operating income to assets
0.61%Return on assets (ROA)
0.59%Pretax return on assets
7.71%Return on equity (ROE)
7.71%Retained earnings to average equity (YTD only)
1.11%Net charge-offs to loans
136.35%Credit loss provision to net charge-offs
2.07%Efficiency ratio
65,013Assets per employee
3.85%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.54%Loss allowance to noncurrent loans
230.40%Noncurrent assets plus other real estate owned to assets
1.56%Noncurrent loans to loans
0.67%Net loans and leases to deposits
67.74%Net loans and leases to core deposits
76.18%Equity capital to assets
8.45%Core capital (leverage) ratio
8.02%Tier 1 risk-based capital ratio
12.31%Total risk-based capital ratio
Memoranda
$14Average assets
$225,443Average earning assets
$17,873Average equity
$203,141Average loans

List of branches

4 Texas Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	11797	First State Bank	201 South Weatherford Street, Chico, TX 76431	April 18, 1958	Full Service Brick and Mortar
2	243021	Runaway Bay Branch	102 Port O Call Drive, Runaway Bay, TX 76426	Febuary 03, 1997	Full Service Brick and Mortar
3	464831	First State Bank Branch	630 Main Street, Paradise, TX 76073	April 16, 2007	Full Service Brick and Mortar
4	473979	Bridgeport Branch	1709 9th Street, Bridgeport, TX 76426	March 31, 2008	Full Service Brick and Mortar

First State Bank in Chico, 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)

List of branches

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

First State Bank in Chico, 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)

List of branches

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

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