FDIC Certificate #: 18301 Status: Active Federal Reserve ID: 524766 Bank Holding Company (Regulatory Top Holder): South Texas Bancshares, Inc. (RSSDID: 3361506, Location: Shallowater, TX) Date Established: October 08, 1960 WWW:http://www.fsbshallowater.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 12217 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: October 08, 1960 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: One Commerce Park, Shallowater, TX 79363 County: Lubbock 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 Metropolitan Statistical Area (MSA): Lubbock, TX (#4600) Combined Statistical Area (CSA): Lubbock-Levelland, TX (#352) Core Based Statistical Area (CBSA): Lubbock, TX (#31180) CBSA Metro Statistical Area: Lubbock, TX (#31180)
History of Changes
Corrections
Change in Location
Change in Geographic Region/Area/Territory/Field Office
Financial Summary
Total assets: $50.6 mil Equity capital: $9.2 mil Deposits held in domestic offices: $41.2 mil Return on assets (ROA): 0.94% ($0.5 mil) Quarterly return on assets: 1.07% ($0.5 mil) Return on Equity (ROE): 5.08% ($0.5 mil) Quarterly return on equity: 5.76% ($0.5 mil) Net income: $0.5 mil Quarterly Net income: $0.1 mil Pretax return on assets: 0.94% ($475.2 mil) Quarterly Pretax return on assets: 1.07% ($540.9 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2011)
Dollar figures in thousands
14Total employees (full-time equivalent)
$50,553Total assets
$9,154Cash and due from depository institutions
$0Interest-bearing balances
$7,269Securities
$4,175Federal funds sold & reverse repurchase agreements
$26,156Net loans & leases
$1,046Loan loss allowance
$0Trading account assets
$863Bank premises and fixed assets
$447Other real estate owned
$2,122Goodwill and other intangibles
$50,553Life insurance assets
$367All other assets
$41,337Total liabilities and capital
$41,151Total liabilities
$32,456Total deposits
$41,151Interest-bearing deposits
$91Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$186Subordinated debt
$9,216All other liabilities
$9,216Total equity capital
$9,216Total bank equity capital
$0Perpetual preferred stock
$500Common stock
$7,381Surplus
$1,335Undivided 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
$222Long-term assets (5+ years)
$37,600Average Assets, year-to-date
$6,798Average Assets, quarterly
$48,294Volatile liabilities
$49,156Insider loans
$27,215FHLB advances
$47,469Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$6,948Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,063Restructured Loans and leases
$1,937Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,983Total interest income
$351Total interest expense
$1,632Net interest income
$0Provision for loan and lease losses
$360Total noninterest income
$0Fiduciary activities
$252Service charges on deposit accounts
$0Trading account gains & fees
$108Additional noninterest income
$1,536Total noninterest expense
$743Salaries and employee benefits
$175Premises and equipment expense
$618Additional noninterest expense
$456Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$456Income before extraordinary items
$0Extraordinary gains - net
$456Net income attributable to bank
$0Net charge-offs
$456Cash dividends
$12Sale, conversion, retirement of capital stock, net
$238Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.04%Yield on earning assets
0.89%Cost of funding earning assets
4.15%Net interest margin
0.91%Noninterest income to earning assets
3.90%Noninterest expense to earning assets
0.94%Net operating income to assets
0.94%Return on assets (ROA)
0.94%Pretax return on assets
5.08%Return on equity (ROE)
2.43%Retained earnings to average equity (YTD only)
0.05%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
38.00%Efficiency ratio
77,108Assets per employee
3.61%Cash dividends to net income (YTD only)
Condition Ratios (%)
52.19%Loss allowance to loans
3.85%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.88%Noncurrent loans to loans
0.00%Net loans and leases to deposits
63.56%Net loans and leases to core deposits
73.09%Equity capital to assets
18.23%Core capital (leverage) ratio
14.64%Tier 1 risk-based capital ratio
25.53%Total risk-based capital ratio
Memoranda
$27Average assets
$48,294Average earning assets
$8,976Average equity
$39,349Average loans
List of branches
1 Texas Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
12217
First State Bank
One Commerce Park, Shallowater, TX 79363
October 08, 1960
Full Service Brick and Mortar
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