First State Bank, National Association in city_name, state_name

First State Bank, National Association in Odessa, Texas (TX)
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First State Bank, National Association - Overview

General
FDIC Certificate #: 24733
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: State National Bank of West Texas (#24343)
Federal Reserve ID: 900463
Date Established: October 01, 1983
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 2 (Interstate: No)
FDIC's unique #: 17166
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: No
Date of Deposit Insurance: October 01, 1983
Last Structure Change Effective Date: December 31, 1996
Last Structure Change Process Date: Febuary 04, 1997
Last Data Update: Febuary 04, 1997
Data Source Date: April 05, 2012
Location
Address: 1330 East Eighth Street, Odessa, TX 79760
County: Ector
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): Odessa-Midland, TX (#5800)
Combined Statistical Area (CSA): Midland-Odessa, TX (#372)
Core Based Statistical Area (CBSA): Odessa, TX (#36220)
CBSA Metro Statistical Area: Odessa, TX (#36220)
Financial Summary
Total assets: $64.5 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

Dollar figures in thousands
0Total employees (full-time equivalent)
$38Total assets
$59,475Cash and due from depository institutions
$3,361Interest-bearing balances
$0Securities
$12,265Federal funds sold & reverse repurchase agreements
$8,200Net loans & leases
$33,050Loan loss allowance
$306Trading account assets
$0Bank premises and fixed assets
$1,882Other real estate owned
$43Goodwill and other intangibles
$674Life insurance assets
$0All other assets
$0Total liabilities and capital
$59,475Total liabilities
$55,032Total deposits
$54,817Interest-bearing deposits
$39,717Deposits held in domestic offices
54817.00%% insured (estimated)
$93Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$215Total equity capital
$215Total bank equity capital
$4,443Perpetual preferred stock
$0Common stock
$2,100Surplus
$2,100Undivided profits
Memoranda
$243Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$105Earning assets
$53,515Long-term assets (5+ years)
$669Average Assets, year-to-date
$55,490Average Assets, quarterly
$58,735Volatile liabilities
$6,798Insider loans
$255FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$2,101Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$4,429Total risk weighted assets
$37,301Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$3,991Total interest expense
$1,534Net interest income
$2,457Provision for loan and lease losses
$106Total noninterest income
$753Fiduciary activities
$0Service charges on deposit accounts
$494Trading account gains & fees
$0Additional noninterest income
$259Total noninterest expense
$2,327Salaries and employee benefits
$1,090Premises and equipment expense
$468Additional noninterest expense
$769Pre-tax net operating income
$777Securities gains (losses)
$0Applicable income taxes
$264Income before extraordinary items
$513Extraordinary gains - net
$0Net income attributable to bank
$513Net charge-offs
$67Cash dividends
$100Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1995)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.96%Cost of funding earning assets
3.06%Net interest margin
4.90%Noninterest income to earning assets
1.50%Noninterest expense to earning assets
4.64%Net operating income to assets
0.92%Return on assets (ROA)
0.92%Pretax return on assets
1.40%Return on equity (ROE)
12.10%Retained earnings to average equity (YTD only)
9.74%Net charge-offs to loans
0.20%Credit loss provision to net charge-offs
158.21%Efficiency ratio
72,492Assets per employee
1.57%Cash dividends to net income (YTD only)
Condition Ratios (%)
19.49%Loss allowance to loans
0.92%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.07%Noncurrent loans to loans
0.00%Net loans and leases to deposits
60.29%Net loans and leases to core deposits
68.83%Equity capital to assets
7.47%Core capital (leverage) ratio
7.61%Tier 1 risk-based capital ratio
11.87%Total risk-based capital ratio
Memoranda
$13Average assets
$55,490Average earning assets
$4,239Average equity
$50,152Average loans

First State Bank, National Association in Odessa, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

First State Bank, National Association - Overview

Assets and Liabilities (December 31, 1995)

Income and Expense (December 31, 1995)

Performance and Condition Ratios (December 31, 1995)

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

First State Bank, National Association in Odessa, Texas (TX)Overview, Financial Summary, Detailed Financial Reports, Branches

First State Bank, National Association - Overview

Assets and Liabilities (December 31, 1995)

Income and Expense (December 31, 1995)

Performance and Condition Ratios (December 31, 1995)

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

First State Bank, National Association in Odessa, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches