FDIC Certificate #: 12314 Status: Active Federal Reserve ID: 196257 Bank Holding Company (Regulatory Top Holder): East Texas Bancorp, Inc. (RSSDID: 2475590, Location: Longview, TX) Date Established: January 01, 1909 WWW:http://www.fsbavinger.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 #: 7829 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: Yes Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: January 01, 1934 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: Highways 155 And 49, Avinger, TX 75630 County: Cass 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
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $19.2 mil Equity capital: $1.6 mil Deposits held in domestic offices: $17.4 mil Return on assets (ROA): 1.42% ($0.3 mil) Quarterly return on assets: 1.63% ($0.3 mil) Return on Equity (ROE): 18.27% ($0.4 mil) Quarterly return on equity: 20.32% ($0.4 mil) Net income: $0.3 mil Quarterly Net income: $0.1 mil Pretax return on assets: 1.42% ($272.4 mil) Quarterly Pretax return on assets: 1.63% ($312.7 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
4Total employees (full-time equivalent)
$19,184Total assets
$7,935Cash and due from depository institutions
$7,473Interest-bearing balances
$0Securities
$0Federal funds sold & reverse repurchase agreements
$10,748Net loans & leases
$233Loan loss allowance
$0Trading account assets
$80Bank premises and fixed assets
$29Other real estate owned
$0Goodwill and other intangibles
$19,184Life insurance assets
$392All other assets
$17,546Total liabilities and capital
$17,368Total liabilities
$15,511Total deposits
$17,368Interest-bearing deposits
$98Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$150Trading liabilities
$0Other borrowed funds
$28Subordinated debt
$1,638All other liabilities
$1,638Total equity capital
$1,638Total bank equity capital
$0Perpetual preferred stock
$140Common stock
$760Surplus
$738Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$51Long-term assets (5+ years)
$18,221Average Assets, year-to-date
$3,006Average Assets, quarterly
$21,156Volatile liabilities
$20,339Insider loans
$10,951FHLB advances
$20,415Loans and leases held for sale
$14Unused loan commitments
$14Tier 1 (core) risk-based capital
$1,638Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$2Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$750Total interest income
$111Total interest expense
$639Net interest income
$14Provision for loan and lease losses
$56Total noninterest income
$0Fiduciary activities
$36Service charges on deposit accounts
$0Trading account gains & fees
$20Additional noninterest income
$380Total noninterest expense
$114Salaries and employee benefits
$70Premises and equipment expense
$196Additional noninterest expense
$301Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$301Income before extraordinary items
$0Extraordinary gains - net
$301Net income attributable to bank
$0Net charge-offs
$301Cash dividends
$0Sale, conversion, retirement of capital stock, net
$299Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
3.70%Yield on earning assets
0.55%Cost of funding earning assets
3.15%Net interest margin
0.28%Noninterest income to earning assets
1.88%Noninterest expense to earning assets
1.42%Net operating income to assets
1.42%Return on assets (ROA)
1.42%Pretax return on assets
18.27%Return on equity (ROE)
0.12%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
54,676Assets per employee
4.80%Cash dividends to net income (YTD only)
Condition Ratios (%)
99.34%Loss allowance to loans
2.12%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.15%Noncurrent loans to loans
0.00%Net loans and leases to deposits
61.88%Net loans and leases to core deposits
77.45%Equity capital to assets
8.54%Core capital (leverage) ratio
8.02%Tier 1 risk-based capital ratio
14.96%Total risk-based capital ratio
Memoranda
$16Average assets
$21,156Average earning assets
$1,648Average equity
$20,257Average loans
List of branches
1 Texas Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
7829
The First State Bank
Highways 155 And 49, Avinger, TX 75630
January 01, 1909
Full Service Brick and Mortar
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