West Texas State Bank in city_name, state_name - Detailed Financial Reports, Location

West Texas State Bank in Snyder, Texas (TX)
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West Texas State Bank routing number info

West Texas State Bank - Overview

General
FDIC Certificate #: 16866
Status: Active
Federal Reserve ID: 406666
Bank Holding Company (Regulatory Top Holder): Wtsb Bancorp, Inc. (RSSDID: 2692548, Location: Snyder, TX)
Date Established: January 14, 1950
WWW: http://www.ebanktexas.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Domestic: 3, Interstate: No)
FDIC's unique #: 10962
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 14, 1950
Last Structure Change Effective Date: December 07, 2009
Last Structure Change Process Date: December 07, 2009
Last Data Update: December 07, 2009
Data Source Date: April 05, 2012
Location
Address: 1901 26th Street, Snyder, TX 79549
County: Scurry
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): Snyder, TX (#43660)
CBSA Micro Statistical Area: Yes
History of Changes
Change in Location
Financial Summary
Total assets: $144.7 mil
Equity capital: $14.6 mil
Deposits held in domestic offices: $129.9 mil
Return on assets (ROA): 1.60% ($2.3 mil)
Quarterly return on assets: 1.10% ($1.6 mil)
Return on Equity (ROE): 16.20% ($2.4 mil)
Quarterly return on equity: 10.86% ($1.6 mil)
Net income: $2.2 mil
Quarterly Net income: $0.4 mil
Pretax return on assets: 1.60% ($2,315.2 mil)
Quarterly Pretax return on assets: 1.10% ($1,591.7 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
32Total employees (full-time equivalent)
$144,700Total assets
$11,029Cash and due from depository institutions
$6,065Interest-bearing balances
$45,582Securities
$500Federal funds sold & reverse repurchase agreements
$85,024Net loans & leases
$1,457Loan loss allowance
$0Trading account assets
$1,009Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$144,700Life insurance assets
$1,556All other assets
$130,127Total liabilities and capital
$129,941Total liabilities
$80,709Total deposits
$129,941Interest-bearing deposits
$90Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$186Subordinated debt
$14,573All other liabilities
$14,573Total equity capital
$14,573Total bank equity capital
$0Perpetual preferred stock
$2,400Common stock
$4,400Surplus
$7,773Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$3,153Income earned, not collected on loans
$0Earning assets
$960Long-term assets (5+ years)
$137,171Average Assets, year-to-date
$68,534Average Assets, quarterly
$137,994Volatile liabilities
$141,923Insider loans
$105,923FHLB advances
$144,062Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$13,784Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$10,983Restructured Loans and leases
$275Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$5,755Total interest income
$668Total interest expense
$5,087Net interest income
$150Provision for loan and lease losses
$605Total noninterest income
$0Fiduciary activities
$386Service charges on deposit accounts
$0Trading account gains & fees
$219Additional noninterest income
$3,362Total noninterest expense
$1,837Salaries and employee benefits
$329Premises and equipment expense
$1,196Additional noninterest expense
$2,180Pre-tax net operating income
$24Securities gains (losses)
$0Applicable income taxes
$2,204Income before extraordinary items
$0Extraordinary gains - net
$2,204Net income attributable to bank
$0Net charge-offs
$2,204Cash dividends
-$9Sale, conversion, retirement of capital stock, net
$1,114Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.41%Yield on earning assets
0.51%Cost of funding earning assets
3.89%Net interest margin
0.46%Noninterest income to earning assets
2.57%Noninterest expense to earning assets
1.58%Net operating income to assets
1.60%Return on assets (ROA)
1.60%Pretax return on assets
16.20%Return on equity (ROE)
8.01%Retained earnings to average equity (YTD only)
-0.01%Net charge-offs to loans
-1666.67%Credit loss provision to net charge-offs
0.00%Efficiency ratio
59,065Assets per employee
4.52%Cash dividends to net income (YTD only)
Condition Ratios (%)
50.54%Loss allowance to loans
1.68%Loss allowance to noncurrent loans
46.21%Noncurrent assets plus other real estate owned to assets
2.18%Noncurrent loans to loans
3.65%Net loans and leases to deposits
65.43%Net loans and leases to core deposits
66.82%Equity capital to assets
10.07%Core capital (leverage) ratio
9.57%Tier 1 risk-based capital ratio
13.01%Total risk-based capital ratio
Memoranda
$14Average assets
$137,994Average earning assets
$13,608Average equity
$130,623Average loans

List of branches

3 Texas Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	10962	West Texas State Bank	1901 26th Street, Snyder, TX 79549	January 14, 1950	Full Service Brick and Mortar
1	239180	West Texas State Bank Drive-In	1901 26th Street, Snyder, TX 79549	August 26, 1966	Limited Service Facility
2	3732	Edwards Street Branch	Edwards Street, Rowena, TX 76875	January 01, 1908	Full Service Brick and Mortar

West Texas State Bank in Snyder, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

West Texas 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:

West Texas State Bank in Snyder, Texas (TX)Overview, Financial Summary, Detailed Financial Reports, Branches

West Texas 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:

West Texas State Bank in Snyder, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches