FDIC Certificate #: 18132 Status: Active Federal Reserve ID: 723868 Bank Holding Company (Regulatory Top Holder): Coastal Bancshares, Inc. (RSSDID: 2184043, Location: Pearland, TX) Date Established: January 06, 1960 WWW:http://www.pearlandbank.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 12053 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: Other Specialized Lending < 1 Billion Date of Deposit Insurance: January 06, 1960 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: 2301 North Main Street, Pearland, TX 77581 County: Brazoria 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): Brazoria, TX (#1145) Consolidated Metropolitan Statistical Area (CMSA): Houston-Galveston-Brazoria, TX (#42) Combined Statistical Area (CSA): Houston-Baytown-Huntsville, TX (#288) Core Based Statistical Area (CBSA): Houston-Sugar Land-Baytown, TX (#26420) CBSA Metro Statistical Area: Houston-Sugar Land-Baytown, TX (#26420)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $156.9 mil Equity capital: $24.1 mil Deposits held in domestic offices: $132.2 mil Return on assets (ROA): 2.24% ($3.5 mil) Quarterly return on assets: 2.27% ($3.6 mil) Return on Equity (ROE): 15.27% ($3.7 mil) Quarterly return on equity: 15.02% ($3.6 mil) Net income: $3.5 mil Quarterly Net income: $0.9 mil Pretax return on assets: 2.24% ($3,513.8 mil) Quarterly Pretax return on assets: 2.27% ($3,560.8 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
31Total employees (full-time equivalent)
$156,865Total assets
$5,159Cash and due from depository institutions
$600Interest-bearing balances
$109,909Securities
$6,740Federal funds sold & reverse repurchase agreements
$32,092Net loans & leases
$564Loan loss allowance
$0Trading account assets
$475Bank premises and fixed assets
$278Other real estate owned
$0Goodwill and other intangibles
$156,865Life insurance assets
$2,212All other assets
$132,786Total liabilities and capital
$132,221Total liabilities
$99,878Total deposits
$132,221Interest-bearing deposits
$90Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$565Subordinated debt
$24,079All other liabilities
$24,079Total equity capital
$24,079Total bank equity capital
$0Perpetual preferred stock
$500Common stock
$6,950Surplus
$16,629Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$685Income earned, not collected on loans
$0Earning assets
$918Long-term assets (5+ years)
$149,341Average Assets, year-to-date
$82,185Average Assets, quarterly
$155,290Volatile liabilities
$157,643Insider loans
$58,624FHLB advances
$158,204Loans and leases held for sale
$326Unused loan commitments
$326Tier 1 (core) risk-based capital
$20,153Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$10,751Restructured Loans and leases
$331Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$6,111Total interest income
$580Total interest expense
$5,531Net interest income
$138Provision for loan and lease losses
$1,080Total noninterest income
$0Fiduciary activities
$398Service charges on deposit accounts
$0Trading account gains & fees
$682Additional noninterest income
$3,000Total noninterest expense
$1,751Salaries and employee benefits
$591Premises and equipment expense
$658Additional noninterest expense
$3,473Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$3,473Income before extraordinary items
$0Extraordinary gains - net
$3,473Net income attributable to bank
$0Net charge-offs
$3,473Cash dividends
$132Sale, conversion, retirement of capital stock, net
$2,765Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.14%Yield on earning assets
0.39%Cost of funding earning assets
3.75%Net interest margin
0.73%Noninterest income to earning assets
2.03%Noninterest expense to earning assets
2.24%Net operating income to assets
2.24%Return on assets (ROA)
2.24%Pretax return on assets
15.27%Return on equity (ROE)
3.11%Retained earnings to average equity (YTD only)
0.39%Net charge-offs to loans
104.55%Credit loss provision to net charge-offs
27.36%Efficiency ratio
45,379Assets per employee
5.06%Cash dividends to net income (YTD only)
Condition Ratios (%)
79.61%Loss allowance to loans
1.73%Loss allowance to noncurrent loans
82.34%Noncurrent assets plus other real estate owned to assets
0.61%Noncurrent loans to loans
2.10%Net loans and leases to deposits
24.27%Net loans and leases to core deposits
26.77%Equity capital to assets
15.35%Core capital (leverage) ratio
12.74%Tier 1 risk-based capital ratio
34.38%Total risk-based capital ratio
Memoranda
$35Average assets
$155,290Average earning assets
$22,749Average equity
$147,452Average loans
List of branches
1 Texas Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
12053
Pearland State Bank
2301 North Main Street, Pearland, TX 77581
January 06, 1960
Full Service Brick and Mortar
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Pearland State Bank.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: