FDIC Certificate #: 18302 Status: Active Federal Reserve ID: 856869 Date Established: January 01, 1910 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 #: 12218 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: All Other Specialization < 1 Billion Date of Deposit Insurance: September 29, 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: 100 Car St, Powell, TX 75153 County: Navarro Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Dallas Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: West Core Based Statistical Area (CBSA): Corsicana, TX (#18620) CBSA Micro Statistical Area: Yes
History of Changes
Change in Location
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $29.3 mil Equity capital: $3.0 mil Deposits held in domestic offices: $25.6 mil Return on assets (ROA): 0.66% ($0.2 mil) Quarterly return on assets: 0.38% ($0.1 mil) Return on Equity (ROE): 6.61% ($0.2 mil) Quarterly return on equity: 3.67% ($0.1 mil) Net income: $0.2 mil Quarterly Net income: $0.0 mil Pretax return on assets: 1.00% ($292.8 mil) Quarterly Pretax return on assets: 0.60% ($175.7 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
10Total employees (full-time equivalent)
$29,280Total assets
$2,596Cash and due from depository institutions
$550Interest-bearing balances
$10,436Securities
$0Federal funds sold & reverse repurchase agreements
$15,306Net loans & leases
$295Loan loss allowance
$0Trading account assets
$54Bank premises and fixed assets
$44Other real estate owned
$0Goodwill and other intangibles
$29,280Life insurance assets
$844All other assets
$26,289Total liabilities and capital
$25,650Total liabilities
$19,758Total deposits
$25,650Interest-bearing deposits
$94Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$639Subordinated debt
$2,991All other liabilities
$2,991Total equity capital
$2,991Total bank equity capital
$0Perpetual preferred stock
$330Common stock
$720Surplus
$1,941Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$703Income earned, not collected on loans
$0Earning assets
$258Long-term assets (5+ years)
$26,292Average Assets, year-to-date
$1,074Average Assets, quarterly
$29,872Volatile liabilities
$29,557Insider loans
$17,220FHLB advances
$29,863Loans and leases held for sale
$439Unused loan commitments
$439Tier 1 (core) risk-based capital
$2,885Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,197Restructured Loans and leases
$91Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,378Total interest income
$146Total interest expense
$1,232Net interest income
$120Provision for loan and lease losses
$140Total noninterest income
$0Fiduciary activities
$106Service charges on deposit accounts
$0Trading account gains & fees
$34Additional noninterest income
$953Total noninterest expense
$573Salaries and employee benefits
$94Premises and equipment expense
$286Additional noninterest expense
$299Pre-tax net operating income
$0Securities gains (losses)
$102Applicable income taxes
$197Income before extraordinary items
$0Extraordinary gains - net
$197Net income attributable to bank
$0Net charge-offs
$197Cash dividends
$41Sale, conversion, retirement of capital stock, net
$140Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.12%Yield on earning assets
0.54%Cost of funding earning assets
4.58%Net interest margin
0.52%Noninterest income to earning assets
3.54%Noninterest expense to earning assets
0.66%Net operating income to assets
0.66%Return on assets (ROA)
1.00%Pretax return on assets
6.61%Return on equity (ROE)
1.91%Retained earnings to average equity (YTD only)
0.26%Net charge-offs to loans
292.68%Credit loss provision to net charge-offs
10.22%Efficiency ratio
69,461Assets per employee
2.93%Cash dividends to net income (YTD only)
Condition Ratios (%)
71.07%Loss allowance to loans
1.89%Loss allowance to noncurrent loans
41.96%Noncurrent assets plus other real estate owned to assets
2.55%Noncurrent loans to loans
4.51%Net loans and leases to deposits
59.67%Net loans and leases to core deposits
60.67%Equity capital to assets
10.22%Core capital (leverage) ratio
9.66%Tier 1 risk-based capital ratio
16.75%Total risk-based capital ratio
Memoranda
$18Average assets
$29,872Average earning assets
$2,982Average equity
$26,914Average loans
List of branches
1 Texas Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
12218
Powell State Bank
100 Car St, Powell, TX 75153
January 01, 1910
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 Powell 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: