FDIC Certificate #: 3292 Status: Active Federal Reserve ID: 623052 Date Established: July 30, 1927 WWW:http://www.lamesanb.com Trust Powers Granted: Yes Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 2130 Numeric code: 3 Regulator: OCC 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: No 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: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: 112 Houston Street, Lamesa, TX 79331 County: Dawson 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): Lamesa, TX (#29500) CBSA Micro Statistical Area: Yes
History of Changes
Change in Geographic Region/Area/Territory/Field Office
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $275.4 mil Equity capital: $28.6 mil Deposits held in domestic offices: $245.8 mil Return on assets (ROA): 0.57% ($1.6 mil) Quarterly return on assets: 0.57% ($1.6 mil) Return on Equity (ROE): 5.41% ($1.6 mil) Quarterly return on equity: 5.32% ($1.5 mil) Net income: $1.5 mil Quarterly Net income: $0.4 mil Pretax return on assets: 0.57% ($1,569.7 mil) Quarterly Pretax return on assets: 0.57% ($1,569.7 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
27Total employees (full-time equivalent)
$275,380Total assets
$48,643Cash and due from depository institutions
$41,819Interest-bearing balances
$106,926Securities
$53,000Federal funds sold & reverse repurchase agreements
$62,237Net loans & leases
$754Loan loss allowance
$0Trading account assets
$327Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$275,380Life insurance assets
$4,247All other assets
$246,812Total liabilities and capital
$245,803Total liabilities
$166,254Total deposits
$245,803Interest-bearing deposits
$96Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$452Trading liabilities
$0Other borrowed funds
$557Subordinated debt
$28,568All other liabilities
$28,568Total equity capital
$28,568Total bank equity capital
$0Perpetual preferred stock
$2,000Common stock
$2,000Surplus
$24,568Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$4,218Income earned, not collected on loans
$0Earning assets
$3,557Long-term assets (5+ years)
$263,982Average Assets, year-to-date
$36,152Average Assets, quarterly
$267,529Volatile liabilities
$266,948Insider loans
$105,778FHLB advances
$271,436Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$26,863Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$5,985Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$7,134Total interest income
$2,822Total interest expense
$4,312Net interest income
$340Provision for loan and lease losses
$341Total noninterest income
$165Fiduciary activities
$83Service charges on deposit accounts
$0Trading account gains & fees
$93Additional noninterest income
$3,054Total noninterest expense
$1,970Salaries and employee benefits
$414Premises and equipment expense
$670Additional noninterest expense
$1,259Pre-tax net operating income
$269Securities gains (losses)
$0Applicable income taxes
$1,528Income before extraordinary items
$0Extraordinary gains - net
$1,528Net income attributable to bank
$0Net charge-offs
$1,528Cash dividends
$491Sale, conversion, retirement of capital stock, net
$650Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
2.91%Yield on earning assets
1.15%Cost of funding earning assets
1.76%Net interest margin
0.14%Noninterest income to earning assets
1.24%Noninterest expense to earning assets
0.47%Net operating income to assets
0.57%Return on assets (ROA)
0.57%Pretax return on assets
5.41%Return on equity (ROE)
3.11%Retained earnings to average equity (YTD only)
0.67%Net charge-offs to loans
69.25%Credit loss provision to net charge-offs
3.26%Efficiency ratio
65,635Assets per employee
10.20%Cash dividends to net income (YTD only)
Condition Ratios (%)
42.54%Loss allowance to loans
1.20%Loss allowance to noncurrent loans
17.88%Noncurrent assets plus other real estate owned to assets
1.53%Noncurrent loans to loans
6.70%Net loans and leases to deposits
25.32%Net loans and leases to core deposits
27.41%Equity capital to assets
10.37%Core capital (leverage) ratio
9.90%Tier 1 risk-based capital ratio
25.40%Total risk-based capital ratio
Memoranda
$26Average assets
$267,529Average earning assets
$28,251Average equity
$245,554Average loans
Total Fiduciary and Related Assets (December 31, 2010)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
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