FDIC Certificate #: 15513 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Security State Bank (#1497) Federal Reserve ID: 639950 Date Established: July 17, 1937 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) FDIC's unique #: 9812 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: July 17, 1937 Last Structure Change Effective Date: June 04, 2010 Last Structure Change Process Date: June 18, 2010 Last Data Update: June 18, 2010 Data Source Date: April 05, 2012
Location
Address: 200 Tx Hwy 132 N, Devine, TX 78016 County: Medina 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 Core Based Statistical Area (CBSA): San Antonio-New Braunfels, TX (#41700) CBSA Metro Statistical Area: San Antonio-New Braunfels, TX (#41700)
Financial Summary
Total assets: $81.1 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2009)
Dollar figures in thousands
23Total employees (full-time equivalent)
$78,533Total assets
$10,679Cash and due from depository institutions
$7,520Interest-bearing balances
$42,215Securities
$3,600Federal funds sold & reverse repurchase agreements
$19,286Net loans & leases
$296Loan loss allowance
$0Trading account assets
$685Bank premises and fixed assets
$48Other real estate owned
$0Goodwill and other intangibles
$981Life insurance assets
$2,020All other assets
$78,533Total liabilities and capital
$68,415Total liabilities
$67,580Total deposits
$54,011Interest-bearing deposits
$67,580Deposits held in domestic offices
90.86%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$835All other liabilities
$10,118Total equity capital
$10,118Total bank equity capital
$10,118Perpetual preferred stock
$0Common stock
$1,000Surplus
$2,000Undivided profits
Memoranda
$7,118Noncurrent loans and leases
$810Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$3Earning assets
$0Long-term assets (5+ years)
$540Average Assets, year-to-date
$72,621Average Assets, quarterly
$24,856Volatile liabilities
$78,034Insider loans
$78,634FHLB advances
$12,465Loans and leases held for sale
$691Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$810Total unused commitments
$0Restructured Loans and leases
$303Derivatives
Income and Expense (December 31, 2009)
Dollar figures in thousands
$3,257Total interest income
$805Total interest expense
$2,452Net interest income
$180Provision for loan and lease losses
$1,033Total noninterest income
$0Fiduciary activities
$709Service charges on deposit accounts
$0Trading account gains & fees
$324Additional noninterest income
$2,752Total noninterest expense
$1,417Salaries and employee benefits
$260Premises and equipment expense
$1,075Additional noninterest expense
$553Pre-tax net operating income
$264Securities gains (losses)
$48Applicable income taxes
$769Income before extraordinary items
$0Extraordinary gains - net
$769Net income attributable to bank
$0Net charge-offs
$769Cash dividends
$194Sale, conversion, retirement of capital stock, net
$450Net operating income
Performance and Condition Ratios (December 31, 2009)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.58%Yield on earning assets
1.13%Cost of funding earning assets
3.45%Net interest margin
1.45%Noninterest income to earning assets
3.87%Noninterest expense to earning assets
0.67%Net operating income to assets
0.99%Return on assets (ROA)
1.05%Pretax return on assets
7.68%Return on equity (ROE)
3.19%Retained earnings to average equity (YTD only)
0.97%Net charge-offs to loans
92.78%Credit loss provision to net charge-offs
3.78%Efficiency ratio
78,967Assets per employee
3.41%Cash dividends to net income (YTD only)
Condition Ratios (%)
58.52%Loss allowance to loans
1.51%Loss allowance to noncurrent loans
9866.67%Noncurrent assets plus other real estate owned to assets
0.06%Noncurrent loans to loans
0.02%Net loans and leases to deposits
28.54%Net loans and leases to core deposits
34.99%Equity capital to assets
12.88%Core capital (leverage) ratio
12.22%Tier 1 risk-based capital ratio
34.29%Total risk-based capital ratio
Memoranda
$35Average assets
$78,034Average earning assets
$10,012Average equity
$71,166Average loans
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