FDIC Certificate #: 15764 Status: Active Federal Reserve ID: 720166 Bank Holding Company (Regulatory Top Holder): City State Bancshares, Inc. (RSSDID: 2398710, Location: Palacios, TX) Date Established: August 26, 1940 WWW:http://www.csbpalacios.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 #: 10012 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Agricultural lending institution: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Agricultural Specialization Date of Deposit Insurance: August 26, 1940 Last Structure Change Effective Date: May 01, 2006 Last Structure Change Process Date: August 08, 2006 Last Data Update: August 08, 2006 Data Source Date: April 05, 2012
Location
Address: 459 Main Street, Palacios, TX 77465 County: Matagorda 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 Combined Statistical Area (CSA): Houston-Baytown-Huntsville, TX (#288) Core Based Statistical Area (CBSA): Bay City, TX (#13060) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $56.8 mil Equity capital: $5.6 mil Deposits held in domestic offices: $50.7 mil Return on assets (ROA): 0.57% ($0.3 mil) Quarterly return on assets: 0.32% ($0.2 mil) Return on Equity (ROE): 5.72% ($0.3 mil) Quarterly return on equity: 3.28% ($0.2 mil) Net income: $0.3 mil Quarterly Net income: $0.0 mil Pretax return on assets: 0.62% ($352.4 mil) Quarterly Pretax return on assets: 0.27% ($153.5 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2011)
Dollar figures in thousands
17Total employees (full-time equivalent)
$56,843Total assets
$5,329Cash and due from depository institutions
$0Interest-bearing balances
$30,709Securities
$0Federal funds sold & reverse repurchase agreements
$19,644Net loans & leases
$442Loan loss allowance
$0Trading account assets
$347Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$56,843Life insurance assets
$814All other assets
$51,230Total liabilities and capital
$50,706Total liabilities
$29,084Total deposits
$50,706Interest-bearing deposits
$99Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$524Subordinated debt
$5,613All other liabilities
$5,613Total equity capital
$5,613Total bank equity capital
$0Perpetual preferred stock
$935Common stock
$2,365Surplus
$2,313Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$182Income earned, not collected on loans
$178Earning assets
$398Long-term assets (5+ years)
$50,353Average Assets, year-to-date
$37,030Average Assets, quarterly
$54,278Volatile liabilities
$57,329Insider loans
$19,285FHLB advances
$57,139Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$5,244Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$3,547Restructured Loans and leases
$1,714Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$2,061Total interest income
$299Total interest expense
$1,762Net interest income
$40Provision for loan and lease losses
$208Total noninterest income
$0Fiduciary activities
$210Service charges on deposit accounts
$0Trading account gains & fees
-$2Additional noninterest income
$1,754Total noninterest expense
$914Salaries and employee benefits
$205Premises and equipment expense
$635Additional noninterest expense
$176Pre-tax net operating income
$162Securities gains (losses)
$29Applicable income taxes
$309Income before extraordinary items
$0Extraordinary gains - net
$309Net income attributable to bank
$0Net charge-offs
$309Cash dividends
-$5Sale, conversion, retirement of capital stock, net
$79Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.16%Yield on earning assets
0.60%Cost of funding earning assets
3.56%Net interest margin
0.42%Noninterest income to earning assets
3.54%Noninterest expense to earning assets
0.30%Net operating income to assets
0.57%Return on assets (ROA)
0.62%Pretax return on assets
5.72%Return on equity (ROE)
4.26%Retained earnings to average equity (YTD only)
-0.02%Net charge-offs to loans
-800.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
89,036Assets per employee
3.34%Cash dividends to net income (YTD only)
Condition Ratios (%)
25.57%Loss allowance to loans
2.20%Loss allowance to noncurrent loans
242.86%Noncurrent assets plus other real estate owned to assets
0.32%Noncurrent loans to loans
0.91%Net loans and leases to deposits
38.74%Net loans and leases to core deposits
40.07%Equity capital to assets
9.87%Core capital (leverage) ratio
9.18%Tier 1 risk-based capital ratio
27.19%Total risk-based capital ratio
Memoranda
$28Average assets
$54,278Average earning assets
$5,405Average equity
$49,550Average loans
List of branches
1 Texas Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
10012
The City State Bank Of Palacios
459 Main Street, Palacios, TX 77465
August 26, 1940
Full Service Brick and Mortar
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