FDIC Certificate #: 19487 Status: Active Federal Reserve ID: 939351 Bank Holding Company (Regulatory Top Holder): Elkhart Bancorporation, Inc. (RSSDID: 2125206, Location: Elkhart, TX) Date Established: January 01, 1911 WWW:http://www.theelkhartstatebank.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 #: 13287 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 10, 1965 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: 109 West Parker Street, Elkhart, TX 75839 County: Anderson 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): Palestine, TX (#37300) CBSA Micro Statistical Area: Yes
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $45.1 mil Equity capital: $6.5 mil Deposits held in domestic offices: $38.1 mil Return on assets (ROA): 0.99% ($0.4 mil) Quarterly return on assets: 0.19% ($0.1 mil) Return on Equity (ROE): 6.65% ($0.4 mil) Quarterly return on equity: 1.29% ($0.1 mil) Net income: $0.4 mil Quarterly Net income: $0.0 mil Pretax return on assets: 1.18% ($532.4 mil) Quarterly Pretax return on assets: -0.12% (-$54.1 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2011)
Dollar figures in thousands
23Total employees (full-time equivalent)
$45,115Total assets
$6,074Cash and due from depository institutions
$0Interest-bearing balances
$18,049Securities
$0Federal funds sold & reverse repurchase agreements
$18,864Net loans & leases
$467Loan loss allowance
$0Trading account assets
$115Bank premises and fixed assets
$41Other real estate owned
$0Goodwill and other intangibles
$45,115Life insurance assets
$1,972All other assets
$38,626Total liabilities and capital
$38,061Total liabilities
$21,020Total deposits
$38,061Interest-bearing deposits
$93Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$565Subordinated debt
$6,489All other liabilities
$6,489Total equity capital
$6,489Total bank equity capital
$0Perpetual preferred stock
$100Common stock
$2,525Surplus
$3,864Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$802Income earned, not collected on loans
$0Earning assets
$412Long-term assets (5+ years)
$36,913Average Assets, year-to-date
$17,847Average Assets, quarterly
$41,344Volatile liabilities
$44,151Insider loans
$27,872FHLB advances
$44,090Loans and leases held for sale
$1,358Unused loan commitments
$1,358Tier 1 (core) risk-based capital
$6,010Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$452Restructured Loans and leases
$147Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$2,526Total interest income
$176Total interest expense
$2,350Net interest income
$45Provision for loan and lease losses
$471Total noninterest income
$0Fiduciary activities
$319Service charges on deposit accounts
$0Trading account gains & fees
$152Additional noninterest income
$2,343Total noninterest expense
$1,743Salaries and employee benefits
$93Premises and equipment expense
$507Additional noninterest expense
$433Pre-tax net operating income
$54Securities gains (losses)
$76Applicable income taxes
$411Income before extraordinary items
$0Extraordinary gains - net
$411Net income attributable to bank
$0Net charge-offs
$411Cash dividends
$33Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.19%Yield on earning assets
0.50%Cost of funding earning assets
6.69%Net interest margin
1.34%Noninterest income to earning assets
6.67%Noninterest expense to earning assets
0.88%Net operating income to assets
0.99%Return on assets (ROA)
1.18%Pretax return on assets
6.65%Return on equity (ROE)
6.65%Retained earnings to average equity (YTD only)
0.18%Net charge-offs to loans
136.36%Credit loss provision to net charge-offs
14.48%Efficiency ratio
83,056Assets per employee
1.96%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.42%Loss allowance to noncurrent loans
58.23%Noncurrent assets plus other real estate owned to assets
1.87%Noncurrent loans to loans
4.15%Net loans and leases to deposits
49.56%Net loans and leases to core deposits
49.56%Equity capital to assets
14.38%Core capital (leverage) ratio
13.63%Tier 1 risk-based capital ratio
21.56%Total risk-based capital ratio
Memoranda
$23Average assets
$41,344Average earning assets
$6,185Average equity
$35,149Average loans
List of branches
1 Texas Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
13287
The Elkhart State Bank
109 West Parker Street, Elkhart, TX 75839
January 01, 1911
Full Service Brick and Mortar
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