Union State Bank in city_name, state_name - Detailed Financial Reports, Location

Union State Bank in Florence, Texas (TX)
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Union State Bank routing number info

Union State Bank - Overview

General
FDIC Certificate #: 11886
Status: Active
Federal Reserve ID: 452850
Bank Holding Company (Regulatory Top Holder): Union State Bancshares, Inc. (RSSDID: 2190110, Location: Florence, TX)
Date Established: Febuary 28, 1928
WWW: http://www.usbanktexas.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 8 (Domestic: 8, Interstate: No)
OTS Docket #: 12857
FDIC's unique #: 7591
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: 100 East Main, Florence, TX 76527
County: Williamson
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Austin
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
Metropolitan Statistical Area (MSA): Austin-San Marcos, TX (#640)
Combined Statistical Area (CSA): Austin-Round Rock-Marble Falls, TX (#126)
Core Based Statistical Area (CBSA): Austin-Round Rock-San Marcos, TX (#12420)
CBSA Metro Statistical Area: Austin-Round Rock-San Marcos, TX (#12420)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $424.1 mil
Equity capital: $42.7 mil
Deposits held in domestic offices: $368.1 mil
Return on assets (ROA): 0.68% ($2.9 mil)
Quarterly return on assets: 0.83% ($3.5 mil)
Return on Equity (ROE): 7.04% ($3.0 mil)
Quarterly return on equity: 8.10% ($3.5 mil)
Net income: $2.7 mil
Quarterly Net income: $0.9 mil
Pretax return on assets: 0.68% ($2,884.0 mil)
Quarterly Pretax return on assets: 0.83% ($3,520.2 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
89Total employees (full-time equivalent)
$424,124Total assets
$24,505Cash and due from depository institutions
$3,727Interest-bearing balances
$215,335Securities
$13,200Federal funds sold & reverse repurchase agreements
$151,897Net loans & leases
$3,439Loan loss allowance
$0Trading account assets
$7,652Bank premises and fixed assets
$137Other real estate owned
$0Goodwill and other intangibles
$424,124Life insurance assets
$11,398All other assets
$381,430Total liabilities and capital
$368,122Total liabilities
$291,063Total deposits
$368,122Interest-bearing deposits
$60Deposits held in domestic offices
12037.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$100Trading liabilities
$0Other borrowed funds
$1,171Subordinated debt
$42,694All other liabilities
$42,694Total equity capital
$42,694Total bank equity capital
$0Perpetual preferred stock
$300Common stock
$21,200Surplus
$21,194Undivided profits
Memoranda
$0Noncurrent loans and leases
$83Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$2,008Income earned, not collected on loans
$0Earning assets
$1,789Long-term assets (5+ years)
$384,159Average Assets, year-to-date
$154,651Average Assets, quarterly
$396,155Volatile liabilities
$416,303Insider loans
$214,945FHLB advances
$404,329Loans and leases held for sale
$7,036Unused loan commitments
$7,036Tier 1 (core) risk-based capital
$34,628Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$22,178Restructured Loans and leases
$91Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$14,902Total interest income
$2,455Total interest expense
$12,447Net interest income
$575Provision for loan and lease losses
$1,915Total noninterest income
$0Fiduciary activities
$1,053Service charges on deposit accounts
$0Trading account gains & fees
$862Additional noninterest income
$11,114Total noninterest expense
$6,273Salaries and employee benefits
$1,415Premises and equipment expense
$3,426Additional noninterest expense
$2,673Pre-tax net operating income
$31Securities gains (losses)
$0Applicable income taxes
$2,704Income before extraordinary items
$0Extraordinary gains - net
$2,704Net income attributable to bank
$0Net charge-offs
$2,704Cash dividends
$343Sale, conversion, retirement of capital stock, net
$1,400Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.07%Yield on earning assets
0.67%Cost of funding earning assets
3.40%Net interest margin
0.52%Noninterest income to earning assets
3.03%Noninterest expense to earning assets
0.67%Net operating income to assets
0.68%Return on assets (ROA)
0.68%Pretax return on assets
7.04%Return on equity (ROE)
3.40%Retained earnings to average equity (YTD only)
0.22%Net charge-offs to loans
167.64%Credit loss provision to net charge-offs
9.47%Efficiency ratio
77,385Assets per employee
4.77%Cash dividends to net income (YTD only)
Condition Ratios (%)
51.78%Loss allowance to loans
2.21%Loss allowance to noncurrent loans
171.26%Noncurrent assets plus other real estate owned to assets
0.51%Noncurrent loans to loans
1.29%Net loans and leases to deposits
41.26%Net loans and leases to core deposits
47.49%Equity capital to assets
10.07%Core capital (leverage) ratio
8.56%Tier 1 risk-based capital ratio
16.11%Total risk-based capital ratio
Memoranda
$17Average assets
$396,155Average earning assets
$38,383Average equity
$366,207Average loans

List of branches

8 Texas Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	7591	Union State Bank	100 East Main, Florence, TX 76527	Febuary 28, 1928	Full Service Brick and Mortar
1	225977	Killeen Branch	120 North Gray Street, Killeen, TX 76541	April 09, 1990	Full Service Brick and Mortar
2	225978	Georgetown Branch	1100 Williams Drive, Georgetown, TX 78628	November 01, 1993	Full Service Brick and Mortar
3	225979	Liberty Hill Branch	13601 W. Hwy. 29, Liberty Hill, TX 78642	July 23, 1997	Full Service Brick and Mortar
4	225980	Round Rock Branch	902 Palm Valley Dr., Round Rock, TX 78664	September 08, 1997	Full Service Brick and Mortar
6	444038	Messenger Service	100 E. Main, Florence, TX 76527	August 29, 2005	Limited Service Messenger
7	465220	Harker Heights Branch	345 E. Fm 2410, Harker Heights, TX 76548	October 16, 2006	Full Service Brick and Mortar
8	513459	Usb - Temple	3957 Raleigh Dr, Temple, TX 76502	October 15, 2010	Full Service Brick and Mortar

Union State Bank in Florence, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

Union State Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Union State Bank in Florence, Texas (TX)Overview, Financial Summary, Detailed Financial Reports, Branches

Union State Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Union State Bank in Florence, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches