First State Financial, Inc. in city_name, state_name - Detailed Financial Reports, Location

First State Financial, Inc. in Pineville, Kentucky (KY), TN
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First State Financial, Inc. routing number info

First State Financial, Inc. - Overview

General
FDIC Certificate #: 2710
Status: Active
Federal Reserve ID: 961811
Bank Holding Company (Regulatory Top Holder): First State Bancshares, Inc. (RSSDID: 1070998, Location: Middlesboro, KY)
Date Established: January 04, 1904
WWW: http://www.firststatefinancial.net
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 12 (Domestic: 12, Interstate: Yes)
OTS Docket #: 9223
FDIC's unique #: 1752
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: January 01, 1934
Last Structure Change Effective Date: March 25, 2010
Last Structure Change Process Date: March 30, 2010
Last Data Update: March 30, 2010
Data Source Date: April 05, 2012
Location
Address: 101 Virginia Avenue, Pineville, KY 40977
County: Bell
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Lexington
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Southeast
Core Based Statistical Area (CBSA): Middlesborough, KY (#33180)
CBSA Micro Statistical Area: Yes
History of Changes
Name Change
Change in Location
Financial Summary
Total assets: $402.8 mil
Equity capital: $38.2 mil
Deposits held in domestic offices: $350.5 mil
Return on assets (ROA): 0.61% ($2.5 mil)
Quarterly return on assets: -0.17% (-$0.7 mil)
Return on Equity (ROE): 6.56% ($2.5 mil)
Quarterly return on equity: -1.80% (-$0.7 mil)
Net income: $2.5 mil
Quarterly Net income: -$0.2 mil
Pretax return on assets: 0.61% ($2,456.8 mil)
Quarterly Pretax return on assets: -0.17% (-$684.7 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
115Total employees (full-time equivalent)
$402,752Total assets
$21,256Cash and due from depository institutions
$16,882Interest-bearing balances
$41,472Securities
$0Federal funds sold & reverse repurchase agreements
$324,641Net loans & leases
$4,832Loan loss allowance
$0Trading account assets
$3,510Bank premises and fixed assets
$6,480Other real estate owned
$0Goodwill and other intangibles
$402,753Life insurance assets
$5,393All other assets
$364,592Total liabilities and capital
$350,455Total liabilities
$312,001Total deposits
$350,455Interest-bearing deposits
$89Deposits held in domestic offices
2785.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$10,500Trading liabilities
$0Other borrowed funds
$852Subordinated debt
$38,161All other liabilities
$38,161Total equity capital
$38,161Total bank equity capital
$0Perpetual preferred stock
$4,200Common stock
$11,710Surplus
$22,251Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$16,737Income earned, not collected on loans
$0Earning assets
$1,728Long-term assets (5+ years)
$382,995Average Assets, year-to-date
$168,776Average Assets, quarterly
$405,462Volatile liabilities
$403,061Insider loans
$308,757FHLB advances
$406,706Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$37,584Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$20,868Restructured Loans and leases
$1,656Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$19,787Total interest income
$4,259Total interest expense
$15,528Net interest income
$3,933Provision for loan and lease losses
$1,911Total noninterest income
$0Fiduciary activities
$1,213Service charges on deposit accounts
$0Trading account gains & fees
$698Additional noninterest income
$11,378Total noninterest expense
$5,286Salaries and employee benefits
$1,958Premises and equipment expense
$4,134Additional noninterest expense
$2,128Pre-tax net operating income
$358Securities gains (losses)
$0Applicable income taxes
$2,486Income before extraordinary items
$0Extraordinary gains - net
$2,486Net income attributable to bank
$0Net charge-offs
$2,486Cash dividends
$4,361Sale, conversion, retirement of capital stock, net
$1,300Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.14%Yield on earning assets
1.11%Cost of funding earning assets
4.03%Net interest margin
0.50%Noninterest income to earning assets
2.96%Noninterest expense to earning assets
0.52%Net operating income to assets
0.61%Return on assets (ROA)
0.61%Pretax return on assets
6.56%Return on equity (ROE)
3.13%Retained earnings to average equity (YTD only)
1.30%Net charge-offs to loans
90.19%Credit loss provision to net charge-offs
1.39%Efficiency ratio
65,245Assets per employee
3.50%Cash dividends to net income (YTD only)
Condition Ratios (%)
52.29%Loss allowance to loans
1.47%Loss allowance to noncurrent loans
28.87%Noncurrent assets plus other real estate owned to assets
5.76%Noncurrent loans to loans
5.08%Net loans and leases to deposits
92.63%Net loans and leases to core deposits
105.34%Equity capital to assets
9.48%Core capital (leverage) ratio
9.24%Tier 1 risk-based capital ratio
12.17%Total risk-based capital ratio
Memoranda
$13Average assets
$405,462Average earning assets
$37,874Average equity
$384,833Average loans

List of branches

9 Kentucky Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	1752	First State Financial, Inc.	101 Virginia Avenue, Pineville, KY 40977	January 04, 1904	Full Service Brick and Mortar
1	193934	22nd And Cumberland Avenue Branch	2202 Cumberland Avenue, Middlesboro, KY 40965	March 20, 1965	Full Service Brick and Mortar
2	193935	East End Branch	200 North 12th Street, Middlesboro, KY 40965	August 18, 1976	Full Service Brick and Mortar
3	193936	Middlesboro Main Branch	1810 Cumberland Avenue, Middlesboro, KY 40965	July 06, 1983	Full Service Brick and Mortar
4	181432	Harlan Road Branch	U.S. Highway 119, Pineville, KY 40977	May 21, 1975	Full Service Brick and Mortar
6	61795	First State Branch	3620 Walden Drive, Lexington, KY 40517	August 19, 1998	Full Service Brick and Mortar
7	419247	Williamsburg Branch	941 U.S.25w North, Williamsburg, KY 40769	August 19, 1999	Full Service Brick and Mortar
10	426579	Waterpark Branch Office	1048 West Highway 92, Williamsburg, KY 40769	Febuary 24, 2004	Full Service Brick and Mortar
13	528889	Harrodsburg Road Branch	2257 Harrodsburg Road, Lexington, KY 40504	Febuary 06, 2012	Full Service Brick and Mortar

2 Tennessee Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
11	427127	Jellico Branch	992 Fifth Street, Jellico, TN 37762	December 17, 2003	Full Service Brick and Mortar
12	465182	New Tazewell Tn Branch	919 Main Street, Suite 3, New Tazewell, TN 37825	June 04, 2007	Full Service Retail

First State Financial, Inc. in Pineville, Kentucky (KY), TN
Overview, Financial Summary, Detailed Financial Reports, Branches

First State Financial, Inc. - 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 Financial, Inc. in Pineville, Kentucky (KY), TNOverview, Financial Summary, Detailed Financial Reports, Branches

First State Financial, Inc. - 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 Financial, Inc. in Pineville, Kentucky (KY), TN
Overview, Financial Summary, Detailed Financial Reports, Branches