The First State Bank in Hawkins, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 27, 2004

The First State Bank in Hawkins, Texas (TX)
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The First State Bank - Overview

General
FDIC Certificate #: 16785
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: The City National Bank of Sulphur Springs (#5544)
Federal Reserve ID: 171852
Date Established: November 08, 1947
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Interstate: No)
OTS Docket #: 12810
FDIC's unique #: 10896
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: April 04, 1949
Last Structure Change Effective Date: Febuary 27, 2004
Last Structure Change Process Date: March 05, 2004
Last Data Update: March 05, 2004
Data Source Date: April 05, 2012
Location
Address: 205 Beulah, Hawkins, TX 75765
County: Wood
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
Financial Summary
Total assets: $36.8 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, 2003)

Dollar figures in thousands
19Total employees (full-time equivalent)
$36,849Total assets
$1,735Cash and due from depository institutions
$0Interest-bearing balances
$13,097Securities
$0Federal funds sold & reverse repurchase agreements
$20,708Net loans & leases
$242Loan loss allowance
$0Trading account assets
$936Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$373All other assets
$36,849Total liabilities and capital
$34,078Total liabilities
$33,565Total deposits
$28,062Interest-bearing deposits
$33,565Deposits held in domestic offices
0.00%% insured (estimated)
$360Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$153All other liabilities
$2,771Total equity capital
$2,771Total bank equity capital
$2,771Perpetual preferred stock
$0Common stock
$975Surplus
$1,125Undivided profits
Memoranda
$671Noncurrent loans and leases
$861Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$522Earning assets
$0Long-term assets (5+ years)
$160Average Assets, year-to-date
$33,805Average Assets, quarterly
$603Volatile liabilities
$37,495Insider loans
$37,867FHLB advances
$2,489Loans and leases held for sale
$592Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$861Total unused commitments
$0Restructured Loans and leases
$242Derivatives

Income and Expense (December 31, 2003)

Dollar figures in thousands
$2,047Total interest income
$457Total interest expense
$1,590Net interest income
$36Provision for loan and lease losses
$440Total noninterest income
$0Fiduciary activities
$372Service charges on deposit accounts
$0Trading account gains & fees
$68Additional noninterest income
$1,518Total noninterest expense
$850Salaries and employee benefits
$265Premises and equipment expense
$403Additional noninterest expense
$476Pre-tax net operating income
-$412Securities gains (losses)
$0Applicable income taxes
$64Income before extraordinary items
$0Extraordinary gains - net
$64Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$55Sale, conversion, retirement of capital stock, net
$202Net operating income

Performance and Condition Ratios (December 31, 2003)

Dollar figures in thousands
Performance Ratios (%, annualized)
6.00%Yield on earning assets
1.34%Cost of funding earning assets
4.66%Net interest margin
1.29%Noninterest income to earning assets
4.45%Noninterest expense to earning assets
1.27%Net operating income to assets
0.17%Return on assets (ROA)
0.17%Pretax return on assets
2.22%Return on equity (ROE)
-4.78%Retained earnings to average equity (YTD only)
0.26%Net charge-offs to loans
65.45%Credit loss provision to net charge-offs
9.31%Efficiency ratio
74,778Assets per employee
1.94%Cash dividends to net income (YTD only)
Condition Ratios (%)
315.63%Loss allowance to loans
1.16%Loss allowance to noncurrent loans
46.36%Noncurrent assets plus other real estate owned to assets
1.42%Noncurrent loans to loans
2.49%Net loans and leases to deposits
61.70%Net loans and leases to core deposits
65.87%Equity capital to assets
7.52%Core capital (leverage) ratio
8.16%Tier 1 risk-based capital ratio
12.78%Total risk-based capital ratio
Memoranda
$14Average assets
$37,495Average earning assets
$2,886Average equity
$34,115Average loans

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