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

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

General
FDIC Certificate #: 19876
Status: Inactive
Closing history: Consolidated - Without Assistance
Acquiring institution: Wells Fargo Bank Texas, National Association (#14533)
Federal Reserve ID: 278854
Date Established: December 09, 1968
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 42 (Interstate: No)
FDIC's unique #: 13663
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 09, 1968
Last Structure Change Effective Date: November 14, 1998
Last Structure Change Process Date: January 27, 1999
Last Data Update: January 27, 1999
Data Source Date: April 05, 2012
Location
Address: 400 West 15th Street, Austin, TX 78701
County: Travis
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: San Francisco
FDIC Field Office: Austin
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
Metropolitan Statistical Area (MSA): Austin-San Marcos, TX (#640)
Combined Statistical Area (CSA): Austin-Round Rock-Marble Falls, TX (#126)
Core Based Statistical Area (CBSA): Austin-Round Rock-San Marcos, TX (#12420)
CBSA Metro Statistical Area: Austin-Round Rock-San Marcos, TX (#12420)
Financial Summary
Total assets: $580.2 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

Dollar figures in thousands
413Total employees (full-time equivalent)
$590,737Total assets
$34,139Cash and due from depository institutions
$0Interest-bearing balances
$180,696Securities
$44,325Federal funds sold & reverse repurchase agreements
$304,038Net loans & leases
$2,974Loan loss allowance
$0Trading account assets
$17,824Bank premises and fixed assets
$132Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$9,583All other assets
$590,737Total liabilities and capital
$543,507Total liabilities
$528,884Total deposits
$415,624Interest-bearing deposits
$528,884Deposits held in domestic offices
0.00%% insured (estimated)
$9,958Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$4,665All other liabilities
$47,230Total equity capital
$47,230Total bank equity capital
$47,230Perpetual preferred stock
$0Common stock
$3,600Surplus
$20,400Undivided profits
Memoranda
$23,230Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$4,977Earning assets
$3,882Long-term assets (5+ years)
$1,857Average Assets, year-to-date
$529,059Average Assets, quarterly
$167,812Volatile liabilities
$546,077Insider loans
$581,550FHLB advances
$69,278Loans and leases held for sale
$640Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$43,983Total unused commitments
$0Restructured Loans and leases
$390,448Derivatives

Income and Expense (December 31, 1997)

Dollar figures in thousands
$43,540Total interest income
$16,554Total interest expense
$26,986Net interest income
$1,095Provision for loan and lease losses
$11,139Total noninterest income
$0Fiduciary activities
$8,682Service charges on deposit accounts
$0Trading account gains & fees
$2,457Additional noninterest income
$27,981Total noninterest expense
$13,863Salaries and employee benefits
$4,959Premises and equipment expense
$9,159Additional noninterest expense
$9,049Pre-tax net operating income
$192Securities gains (losses)
$3,230Applicable income taxes
$6,011Income before extraordinary items
$0Extraordinary gains - net
$6,011Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$842Sale, conversion, retirement of capital stock, net
$2,160Net operating income

Performance and Condition Ratios (December 31, 1997)

Dollar figures in thousands
Performance Ratios (%, annualized)
8.88%Yield on earning assets
3.38%Cost of funding earning assets
5.50%Net interest margin
2.27%Noninterest income to earning assets
5.71%Noninterest expense to earning assets
1.08%Net operating income to assets
1.10%Return on assets (ROA)
1.69%Pretax return on assets
13.24%Return on equity (ROE)
8.48%Retained earnings to average equity (YTD only)
0.29%Net charge-offs to loans
130.05%Credit loss provision to net charge-offs
12.05%Efficiency ratio
73,393Assets per employee
1.43%Cash dividends to net income (YTD only)
Condition Ratios (%)
35.93%Loss allowance to loans
0.97%Loss allowance to noncurrent loans
59.75%Noncurrent assets plus other real estate owned to assets
0.86%Noncurrent loans to loans
1.62%Net loans and leases to deposits
57.49%Net loans and leases to core deposits
64.75%Equity capital to assets
8.00%Core capital (leverage) ratio
8.00%Tier 1 risk-based capital ratio
11.95%Total risk-based capital ratio
Memoranda
$13Average assets
$546,077Average earning assets
$45,412Average equity
$490,362Average loans

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

First State Bank - Overview

Assets and Liabilities (December 31, 1997)

Income and Expense (December 31, 1997)

Performance and Condition Ratios (December 31, 1997)

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

First State Bank - Overview

Assets and Liabilities (December 31, 1997)

Income and Expense (December 31, 1997)

Performance and Condition Ratios (December 31, 1997)

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

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