FDIC Certificate #: 16686 Status: Active Federal Reserve ID: 1009952 Bank Holding Company (Regulatory Top Holder): C Bar M, Inc. (RSSDID: 2357463, Location: Kerrville, TX) Date Established: October 11, 1947 WWW:http://www.unionstatebank.net 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 #: 10813 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: March 20, 1948 Last Structure Change Effective Date: March 25, 2008 Last Structure Change Process Date: April 03, 2008 Last Data Update: April 03, 2008 Data Source Date: April 05, 2012
Location
Address: 600 Main Street, Kerrville, TX 78029 County: Kerr 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 Core Based Statistical Area (CBSA): Kerrville, TX (#28500) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $35.3 mil Equity capital: $3.1 mil Deposits held in domestic offices: $32.1 mil Return on assets (ROA): 0.65% ($0.2 mil) Quarterly return on assets: 0.61% ($0.2 mil) Return on Equity (ROE): 7.57% ($0.2 mil) Quarterly return on equity: 6.77% ($0.2 mil) Net income: $0.2 mil Quarterly Net income: $0.1 mil Pretax return on assets: 0.65% ($229.4 mil) Quarterly Pretax return on assets: 0.61% ($215.3 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
14Total employees (full-time equivalent)
$35,297Total assets
$9,972Cash and due from depository institutions
$8,991Interest-bearing balances
$2,899Securities
$0Federal funds sold & reverse repurchase agreements
$20,946Net loans & leases
$260Loan loss allowance
$0Trading account assets
$1,015Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$35,297Life insurance assets
$465All other assets
$32,207Total liabilities and capital
$32,114Total liabilities
$24,501Total deposits
$32,114Interest-bearing deposits
$99Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$93Subordinated debt
$3,090All other liabilities
$3,090Total equity capital
$3,090Total bank equity capital
$0Perpetual preferred stock
$67Common stock
$2,239Surplus
$784Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$200Income earned, not collected on loans
$0Earning assets
$150Long-term assets (5+ years)
$32,836Average Assets, year-to-date
$2,045Average Assets, quarterly
$34,770Volatile liabilities
$34,330Insider loans
$23,683FHLB advances
$34,984Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$2,993Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$988Restructured Loans and leases
$140Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$2,048Total interest income
$225Total interest expense
$1,823Net interest income
$105Provision for loan and lease losses
$274Total noninterest income
$0Fiduciary activities
$135Service charges on deposit accounts
$0Trading account gains & fees
$139Additional noninterest income
$1,766Total noninterest expense
$840Salaries and employee benefits
$166Premises and equipment expense
$760Additional noninterest expense
$226Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$226Income before extraordinary items
$0Extraordinary gains - net
$226Net income attributable to bank
$0Net charge-offs
$226Cash dividends
$97Sale, conversion, retirement of capital stock, net
$50Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.38%Yield on earning assets
0.70%Cost of funding earning assets
5.68%Net interest margin
0.85%Noninterest income to earning assets
5.50%Noninterest expense to earning assets
0.65%Net operating income to assets
0.65%Return on assets (ROA)
0.65%Pretax return on assets
7.57%Return on equity (ROE)
5.90%Retained earnings to average equity (YTD only)
0.44%Net charge-offs to loans
108.25%Credit loss provision to net charge-offs
3.41%Efficiency ratio
84,216Assets per employee
2.52%Cash dividends to net income (YTD only)
Condition Ratios (%)
22.12%Loss allowance to loans
1.23%Loss allowance to noncurrent loans
130.00%Noncurrent assets plus other real estate owned to assets
0.57%Noncurrent loans to loans
0.94%Net loans and leases to deposits
65.22%Net loans and leases to core deposits
67.23%Equity capital to assets
8.75%Core capital (leverage) ratio
8.56%Tier 1 risk-based capital ratio
12.64%Total risk-based capital ratio
Memoranda
$14Average assets
$34,770Average earning assets
$2,985Average equity
$32,117Average loans
List of branches
1 Texas Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
10813
Union State Bank
600 Main Street, Kerrville, TX 78029
October 11, 1947
Full Service Brick and Mortar
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