FDIC Certificate #: 11175 Status: Active Federal Reserve ID: 305059 Bank Holding Company (Regulatory Top Holder): Algodon De Calidad Bancshares, Inc. (RSSDID: 3725724, Location: Abernathy, TX) Date Established: January 01, 1909 WWW:http://www.fsbabernathy.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 #: 7134 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: Yes Asset Concentration Hierarchy: Agricultural Specialization Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: April 17, 2008 Last Data Update: April 17, 2008 Data Source Date: April 05, 2012
Location
Address: 402 Ninth, Abernathy, TX 79311 County: Hale Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Lubbock Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: West Core Based Statistical Area (CBSA): Plainview, TX (#38380) CBSA Micro Statistical Area: Yes
History of Changes
Merge BIF and SAIF Funds into DIF
Change in Geographic Region/Area/Territory/Field Office
Financial Summary
Total assets: $29.0 mil Equity capital: $3.0 mil Deposits held in domestic offices: $26.0 mil Return on assets (ROA): 1.22% ($0.4 mil) Quarterly return on assets: 1.45% ($0.4 mil) Return on Equity (ROE): 11.96% ($0.4 mil) Quarterly return on equity: 13.21% ($0.4 mil) Net income: $0.3 mil Quarterly Net income: $0.1 mil Pretax return on assets: 1.22% ($354.2 mil) Quarterly Pretax return on assets: 1.45% ($421.0 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
8Total employees (full-time equivalent)
$29,035Total assets
$15,529Cash and due from depository institutions
$14,872Interest-bearing balances
$432Securities
$2,175Federal funds sold & reverse repurchase agreements
$9,740Net loans & leases
$232Loan loss allowance
$0Trading account assets
$628Bank premises and fixed assets
$0Other real estate owned
$22Goodwill and other intangibles
$29,035Life insurance assets
$509All other assets
$26,065Total liabilities and capital
$26,001Total liabilities
$13,713Total deposits
$26,001Interest-bearing deposits
$98Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$64Subordinated debt
$2,970All other liabilities
$2,970Total equity capital
$2,970Total bank equity capital
$0Perpetual preferred stock
$500Common stock
$2,000Surplus
$470Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$114Income earned, not collected on loans
$0Earning assets
$182Long-term assets (5+ years)
$27,219Average Assets, year-to-date
$2,330Average Assets, quarterly
$25,066Volatile liabilities
$26,790Insider loans
$13,716FHLB advances
$28,360Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$2,948Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$2,131Restructured Loans and leases
$453Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,084Total interest income
$70Total interest expense
$1,014Net interest income
$19Provision for loan and lease losses
$320Total noninterest income
$0Fiduciary activities
$257Service charges on deposit accounts
$0Trading account gains & fees
$63Additional noninterest income
$1,008Total noninterest expense
$436Salaries and employee benefits
$183Premises and equipment expense
$389Additional noninterest expense
$307Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$307Income before extraordinary items
$0Extraordinary gains - net
$307Net income attributable to bank
$0Net charge-offs
$307Cash dividends
$22Sale, conversion, retirement of capital stock, net
$209Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.67%Yield on earning assets
0.30%Cost of funding earning assets
4.37%Net interest margin
1.38%Noninterest income to earning assets
4.34%Noninterest expense to earning assets
1.22%Net operating income to assets
1.22%Return on assets (ROA)
1.22%Pretax return on assets
11.96%Return on equity (ROE)
3.82%Retained earnings to average equity (YTD only)
0.21%Net charge-offs to loans
86.36%Credit loss provision to net charge-offs
14.82%Efficiency ratio
75,562Assets per employee
3.63%Cash dividends to net income (YTD only)
Condition Ratios (%)
68.08%Loss allowance to loans
2.33%Loss allowance to noncurrent loans
203.51%Noncurrent assets plus other real estate owned to assets
0.39%Noncurrent loans to loans
1.14%Net loans and leases to deposits
37.46%Net loans and leases to core deposits
39.59%Equity capital to assets
10.23%Core capital (leverage) ratio
10.39%Tier 1 risk-based capital ratio
21.49%Total risk-based capital ratio
Memoranda
$23Average assets
$25,066Average earning assets
$2,568Average equity
$23,220Average loans
List of branches
1 Texas Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
7134
The First State Bank
402 Ninth, Abernathy, TX 79311
January 01, 1909
Full Service Brick and Mortar
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