Homestead Bank, S.S.B. in College Station, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 11, 1997

Homestead Bank, S.S.B. in College Station, Texas (TX)
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Homestead Bank, S.S.B. - Overview

General
FDIC Certificate #: 31805
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Planters & Merchants State Bank (#10355)
Federal Reserve ID: 525370
Date Established: January 01, 1973
Bank Charter Class: Savings banks, state charter, supervised by the FDIC
Offices: 2 (Interstate: No)
OTS Docket #: 7488
FDIC's unique #: 44639
Numeric code: 41
Regulator: FDIC
Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
FDIC Insured: Yes
SAIF Insured: Yes
Insured Savings Institution: Yes
State Chartered: Yes
Date of Deposit Insurance: September 23, 1976
Last Structure Change Effective Date: November 11, 1997
Last Structure Change Process Date: December 31, 1997
Last Data Update: December 31, 1997
Data Source Date: April 05, 2012
Location
Address: 2553 Texas Avenue South, College Station, TX 77840
County: Brazos
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Austin
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
Metropolitan Statistical Area (MSA): Bryan-College Station, TX (#1260)
Core Based Statistical Area (CBSA): College Station-Bryan, TX (#17780)
CBSA Metro Statistical Area: College Station-Bryan, TX (#17780)
Financial Summary
Total assets: $31.1 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

Dollar figures in thousands
0Total employees (full-time equivalent)
$23Total assets
$30,806Cash and due from depository institutions
$2,510Interest-bearing balances
$1,827Securities
$9,269Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$17,232Loan loss allowance
$135Trading account assets
$0Bank premises and fixed assets
$1,114Other real estate owned
$235Goodwill and other intangibles
$446Life insurance assets
$0All other assets
$0Total liabilities and capital
$30,806Total liabilities
$28,616Total deposits
$26,209Interest-bearing deposits
$21,306Deposits held in domestic offices
26209.00%% insured (estimated)
$100Federal funds purchased & repurchase agreements
$2,349Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$58Total equity capital
$58Total bank equity capital
$2,190Perpetual preferred stock
$0Common stock
$943Surplus
$324Undivided profits
Memoranda
$923Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$45Income earned, not collected on loans
$122Earning assets
$28,328Long-term assets (5+ years)
$2,991Average Assets, year-to-date
$30,177Average Assets, quarterly
$30,746Volatile liabilities
$4,106Insider loans
$152FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$119Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$2,196Total risk weighted assets
$15,269Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$2,141Total interest expense
$949Net interest income
$1,192Provision for loan and lease losses
$42Total noninterest income
$407Fiduciary activities
$0Service charges on deposit accounts
$375Trading account gains & fees
$0Additional noninterest income
$32Total noninterest expense
$1,571Salaries and employee benefits
$684Premises and equipment expense
$136Additional noninterest expense
$751Pre-tax net operating income
-$14Securities gains (losses)
$0Applicable income taxes
$0Income before extraordinary items
-$14Extraordinary gains - net
$0Net income attributable to bank
-$14Net charge-offs
$5Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1996)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.68%Cost of funding earning assets
3.40%Net interest margin
4.27%Noninterest income to earning assets
1.46%Noninterest expense to earning assets
5.63%Net operating income to assets
-0.05%Return on assets (ROA)
-0.05%Pretax return on assets
-0.05%Return on equity (ROE)
-0.63%Retained earnings to average equity (YTD only)
-0.63%Net charge-offs to loans
0.03%Credit loss provision to net charge-offs
840.00%Efficiency ratio
98,249Assets per employee
1.34%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.78%Loss allowance to noncurrent loans
300.00%Noncurrent assets plus other real estate owned to assets
0.91%Noncurrent loans to loans
0.26%Net loans and leases to deposits
65.75%Net loans and leases to core deposits
70.47%Equity capital to assets
7.11%Core capital (leverage) ratio
7.29%Tier 1 risk-based capital ratio
14.38%Total risk-based capital ratio
Memoranda
$15Average assets
$30,177Average earning assets
$2,208Average equity
$27,889Average loans

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