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

First State Bank of Odem in Odem, Texas (TX)
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First State Bank of Odem routing number info

First State Bank of Odem - Overview

General
FDIC Certificate #: 16334
Status: Active
Federal Reserve ID: 776369
Bank Holding Company (Regulatory Top Holder): Odem Bancshares, Inc. (RSSDID: 2215415, Location: Odem, TX)
Date Established: November 12, 1945
WWW: http://www.fsbodem.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 #: 10518
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: No
Asset Concentration Hierarchy: Other Specialized Lending < 1 Billion
Date of Deposit Insurance: November 12, 1945
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 Main Street, Odem, TX 78370
County: San Patricio
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Houston
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
Metropolitan Statistical Area (MSA): Corpus Christi, TX (#1880)
Combined Statistical Area (CSA): Corpus Christi-Kingsville, TX (#204)
Core Based Statistical Area (CBSA): Corpus Christi, TX (#18580)
CBSA Metro Statistical Area: Corpus Christi, TX (#18580)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $116.1 mil
Equity capital: $8.0 mil
Deposits held in domestic offices: $107.9 mil
Return on assets (ROA): -0.08% (-$0.1 mil)
Quarterly return on assets: 0.18% ($0.2 mil)
Return on Equity (ROE): -1.15% (-$0.1 mil)
Quarterly return on equity: 2.71% ($0.2 mil)
Net income: -$0.1 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: -0.45% (-$522.5 mil)
Quarterly Pretax return on assets: -0.19% (-$220.6 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
33Total employees (full-time equivalent)
$116,117Total assets
$24,373Cash and due from depository institutions
$20,544Interest-bearing balances
$48,825Securities
$1,000Federal funds sold & reverse repurchase agreements
$35,535Net loans & leases
$544Loan loss allowance
$0Trading account assets
$3,803Bank premises and fixed assets
$1,149Other real estate owned
$0Goodwill and other intangibles
$116,117Life insurance assets
$1,432All other assets
$108,132Total liabilities and capital
$107,928Total liabilities
$74,650Total deposits
$107,928Interest-bearing deposits
$87Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$204Subordinated debt
$7,985All other liabilities
$7,985Total equity capital
$7,985Total bank equity capital
$0Perpetual preferred stock
$1,200Common stock
$4,802Surplus
$1,983Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$575Income earned, not collected on loans
$0Earning assets
$599Long-term assets (5+ years)
$105,904Average Assets, year-to-date
$21,056Average Assets, quarterly
$109,542Volatile liabilities
$118,163Insider loans
$49,114FHLB advances
$120,252Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$7,552Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$6,172Restructured Loans and leases
$714Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$3,475Total interest income
$771Total interest expense
$2,704Net interest income
$580Provision for loan and lease losses
$496Total noninterest income
$0Fiduciary activities
$370Service charges on deposit accounts
$0Trading account gains & fees
$126Additional noninterest income
$3,177Total noninterest expense
$1,450Salaries and employee benefits
$594Premises and equipment expense
$1,133Additional noninterest expense
-$557Pre-tax net operating income
$63Securities gains (losses)
-$405Applicable income taxes
-$89Income before extraordinary items
$0Extraordinary gains - net
-$89Net income attributable to bank
$0Net charge-offs
-$89Cash dividends
$556Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
3.47%Yield on earning assets
0.77%Cost of funding earning assets
2.70%Net interest margin
0.49%Noninterest income to earning assets
3.17%Noninterest expense to earning assets
-0.12%Net operating income to assets
-0.08%Return on assets (ROA)
-0.45%Pretax return on assets
-1.15%Return on equity (ROE)
-1.15%Retained earnings to average equity (YTD only)
1.65%Net charge-offs to loans
104.32%Credit loss provision to net charge-offs
0.04%Efficiency ratio
99,281Assets per employee
3.52%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.51%Loss allowance to noncurrent loans
94.61%Noncurrent assets plus other real estate owned to assets
1.48%Noncurrent loans to loans
1.59%Net loans and leases to deposits
32.92%Net loans and leases to core deposits
33.93%Equity capital to assets
6.88%Core capital (leverage) ratio
6.28%Tier 1 risk-based capital ratio
15.38%Total risk-based capital ratio
Memoranda
$16Average assets
$109,542Average earning assets
$7,739Average equity
$100,285Average loans

List of branches

4 Texas Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	10518	First State Bank Of Odem	201 Main Street, Odem, TX 78370	November 12, 1945	Full Service Brick and Mortar
1	359733	Callicoatte Branch	4414 Callicoatte Road, Corpus Christi, TX 78410	July 13, 2000	Full Service Brick and Mortar
2	452380	Robstown Banking Center Branch	600 South Hwy 77, Robstown, TX 78380	November 13, 2005	Full Service Brick and Mortar
3	477844	Sinton Branch	310 South San Patricio, Sinton, TX 78387	November 14, 2007	Full Service Brick and Mortar

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

First State Bank of Odem - 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 of Odem in Odem, Texas (TX)Overview, Financial Summary, Detailed Financial Reports, Branches

First State Bank of Odem - 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 of Odem in Odem, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches