Texas State Bank in Mcallen, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 13, 2008

  • Texas State Bank in Mcallen, Texas (TX)
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Texas State Bank - Overview

  • General
  • FDIC Certificate #: 23346
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Compass Bank (#19048)
    Federal Reserve ID: 1017658
    Date Established: Febuary 17, 1981
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 79 (Interstate: No)
    FDIC's unique #: 16364
    Numeric code: 13
    Regulator: FED
    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: Febuary 17, 1981
    Last Structure Change Effective Date: March 13, 2008
    Last Structure Change Process Date: March 25, 2008
    Last Data Update: March 25, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 3900 North Tenth Street, Mcallen, TX 78501
    County: Hidalgo
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Houston
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): McAllen-Edinburg-Mission, TX (#4880)
    Core Based Statistical Area (CBSA): McAllen-Edinburg-Mission, TX (#32580)
    CBSA Metro Statistical Area: McAllen-Edinburg-Mission, TX (#32580)
  • Financial Summary
  • Total assets: $8,488.5 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, 2007)

  • Dollar figures in thousands
  • 1,875Total employees (full-time equivalent)
  • $8,488,509Total assets
  • $152,573Cash and due from depository institutions
  • $2,539Interest-bearing balances
  • $2,000,990Securities
  • $86,000Federal funds sold & reverse repurchase agreements
  • $4,252,936Net loans & leases
  • $43,795Loan loss allowance
  • $0Trading account assets
  • $178,498Bank premises and fixed assets
  • $11,333Other real estate owned
  • $1,670,713Goodwill and other intangibles
  • $11,817Life insurance assets
  • $135,466All other assets
  • $8,488,509Total liabilities and capital
  • $6,219,191Total liabilities
  • $6,018,039Total deposits
  • $5,045,874Interest-bearing deposits
  • $6,018,039Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $137,414Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $63,738All other liabilities
  • $2,269,318Total equity capital
  • $2,269,318Total bank equity capital
  • $2,269,318Perpetual preferred stock
  • $0Common stock
  • $62,500Surplus
  • $2,091,498Undivided profits
  • Memoranda
  • $115,320Noncurrent loans and leases
  • $872,265Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $70,830Earning assets
  • $697Long-term assets (5+ years)
  • $42,370Average Assets, year-to-date
  • $6,342,465Average Assets, quarterly
  • $715,217Volatile liabilities
  • $8,554,771Insider loans
  • $8,491,877FHLB advances
  • $1,911,733Loans and leases held for sale
  • $26,650Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $1,573Tier 2 risk-based capital
  • $71,986Total risk weighted assets
  • $872,265Total unused commitments
  • $0Restructured Loans and leases
  • $47,383Derivatives

Income and Expense (December 31, 2007)

  • Dollar figures in thousands
  • $482,397Total interest income
  • $217,202Total interest expense
  • $265,195Net interest income
  • $22,571Provision for loan and lease losses
  • $79,554Total noninterest income
  • $8,881Fiduciary activities
  • $40,425Service charges on deposit accounts
  • $0Trading account gains & fees
  • $30,248Additional noninterest income
  • $193,870Total noninterest expense
  • $100,439Salaries and employee benefits
  • $29,094Premises and equipment expense
  • $64,337Additional noninterest expense
  • $128,308Pre-tax net operating income
  • $31Securities gains (losses)
  • $42,359Applicable income taxes
  • $85,980Income before extraordinary items
  • $0Extraordinary gains - net
  • $85,980Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $15,361Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2007)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.53%Yield on earning assets
  • 3.39%Cost of funding earning assets
  • 4.14%Net interest margin
  • 1.24%Noninterest income to earning assets
  • 3.02%Noninterest expense to earning assets
  • 1.00%Net operating income to assets
  • 1.01%Return on assets (ROA)
  • 1.50%Pretax return on assets
  • 3.88%Return on equity (ROE)
  • 3.88%Retained earnings to average equity (YTD only)
  • 0.36%Net charge-offs to loans
  • 146.94%Credit loss provision to net charge-offs
  • 9.82%Efficiency ratio
  • 49,358Assets per employee
  • 4.53%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.02%Loss allowance to noncurrent loans
  • 61.83%Noncurrent assets plus other real estate owned to assets
  • 0.97%Noncurrent loans to loans
  • 1.65%Net loans and leases to deposits
  • 70.67%Net loans and leases to core deposits
  • 100.22%Equity capital to assets
  • 26.73%Core capital (leverage) ratio
  • 8.97%Tier 1 risk-based capital ratio
  • 12.65%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $8,554,771Average earning assets
  • $2,217,144Average equity
  • $6,409,000Average loans

Total Fiduciary and Related Assets (December 31, 2007)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $1,317,950Managed Assets
  • 1Number of Accounts
  • $1,141,162Personal trust and agency accounts
  • $464,230Employee benefit-defined contribution accounts
  • $70,312Employee benefit-defined benefit accounts
  • $2,218Other retirement accounts
  • $114,154Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $490,214Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $34Non-managed Assets
  • 2049Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $176,788Other retirement accounts
  • $14,123Corporate trust and agency accounts
  • $148,111Other fiduciary accounts
  • $132Fiduciary accounts held in foreign offices

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