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

This bank is inactive as of September 23, 1995

First State Bank in Archer City in Archer City, Texas (TX)
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First State Bank in Archer City - Overview

General
FDIC Certificate #: 11555
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Norwest Bank Texas, Wichita Falls, National Association (#3365)
Federal Reserve ID: 248259
Date Established: October 01, 1909
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 7383
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: January 01, 1934
Last Structure Change Effective Date: September 23, 1995
Last Structure Change Process Date: October 02, 1995
Last Data Update: October 02, 1995
Data Source Date: April 05, 2012
Location
Address: 200 North Center Street, Archer City, TX 76351
County: Archer
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
Metropolitan Statistical Area (MSA): Wichita Falls, TX (#9080)
Core Based Statistical Area (CBSA): Wichita Falls, TX (#48660)
CBSA Metro Statistical Area: Wichita Falls, TX (#48660)
Financial Summary
Total assets: $33.0 mil

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

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$13Total assets
$33,194Cash and due from depository institutions
$1,250Interest-bearing balances
$0Securities
$15,542Federal funds sold & reverse repurchase agreements
$2,400Net loans & leases
$12,644Loan loss allowance
$211Trading account assets
$0Bank premises and fixed assets
$704Other real estate owned
$0Goodwill and other intangibles
$654Life insurance assets
$0All other assets
$0Total liabilities and capital
$33,194Total liabilities
$30,087Total deposits
$29,938Interest-bearing deposits
$25,167Deposits held in domestic offices
29938.00%% insured (estimated)
$92Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$149Total equity capital
$149Total bank equity capital
$3,107Perpetual preferred stock
$0Common stock
$440Surplus
$1,160Undivided profits
Memoranda
$1,507Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$75Income earned, not collected on loans
$112Earning assets
$30,586Long-term assets (5+ years)
$3,154Average Assets, year-to-date
$33,693Average Assets, quarterly
$33,032Volatile liabilities
$2,942Insider loans
$717FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$573Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$3,212Total risk weighted assets
$15,519Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$2,012Total interest expense
$791Net interest income
$1,221Provision for loan and lease losses
$0Total noninterest income
$341Fiduciary activities
$0Service charges on deposit accounts
$244Trading account gains & fees
$0Additional noninterest income
$97Total noninterest expense
$1,079Salaries and employee benefits
$452Premises and equipment expense
$143Additional noninterest expense
$484Pre-tax net operating income
$483Securities gains (losses)
$21Applicable income taxes
$158Income before extraordinary items
$346Extraordinary gains - net
$0Net income attributable to bank
$346Net charge-offs
-$8Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1994)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
6.54%Cost of funding earning assets
2.57%Net interest margin
3.97%Noninterest income to earning assets
1.11%Noninterest expense to earning assets
3.51%Net operating income to assets
0.98%Return on assets (ROA)
1.03%Pretax return on assets
1.50%Return on equity (ROE)
11.50%Retained earnings to average equity (YTD only)
11.50%Net charge-offs to loans
-0.07%Credit loss provision to net charge-offs
0.00%Efficiency ratio
69,078Assets per employee
2.55%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.64%Loss allowance to noncurrent loans
281.33%Noncurrent assets plus other real estate owned to assets
0.23%Noncurrent loans to loans
0.58%Net loans and leases to deposits
42.23%Net loans and leases to core deposits
46.84%Equity capital to assets
9.36%Core capital (leverage) ratio
9.85%Tier 1 risk-based capital ratio
20.70%Total risk-based capital ratio
Memoranda
$22Average assets
$33,693Average earning assets
$3,008Average equity
$30,763Average loans

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