Vitals
  • Total Assets
    313.9M 2.1 %
  • Total Deposits
    285.1M 1.5 %
  • Total Net Loans
    196.7M 10.2 %
  • Net Income
  • Book Value
    27.5M 9.5 %
  • Book Value x2
    54.9M 9.5 %
  • Book Value x3
    82.4M 9.5 %
ROAA

ROAE

Efficiency Ratio

120.348

Net Interest Margin

3.677

Balance Sheet Highlights
Financial Highlights 1St Choice Bank All Insured Commercial Banks in Texas
Balance Sheet $(000)
Total Assets 313,880 171,168
Total Net Loans 196,672 101,074
Total Deposits 285,072 144,034
Total Equity 27,471 17,993
Profitability
Net Income — 1,416
Return on Average Assets — 1.424
Return on Average Equity — 13.761
Net Interest Margin 3.677 4.272
Efficiency Ratio 120.348 69.753
Noninterest Income/Revenue 13.715
Balance Sheet Ratios
Loan-to-Deposit 68.99 65.062
Securities/Assets .13 .688
Total Equity/Total Assets .088 .105
Tangible Equity/Tangible Assets .088 -.097
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 27,042 16,314
Tier 2 Capital 2,180 1,114
Total Capital 29,222 17,429
Total Risk Weighted Assets 206,208 113,924
Leverage Ratio 8.82 10.285
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 13.11 16.913
Total Capital Ratio 14.17 17.897

Timeline for 1St Choice Bank

Prosperity Bank

1St Choice Bank was acquired by Prosperity Bank 15 years

View Profile Jun 01 2008

1St Choice Bancorp, Inc.

1St Choice Bancorp, Inc. became a new parent organization for 1St Choice Bank.

View Profile May 23 2008

1St Choice Insurance Agency, Inc.

1St Choice Insurance Agency, Inc. became a new subsidiary organization for 1St Choice Bank.

View Profile Dec 29 2003

1St Choice Bancorp Of Delaware, Inc.

1St Choice Bancorp Of Delaware, Inc. became a new parent organization for 1St Choice Bank.

View Profile Jun 11 2001

1St Choice Bank

1St Choice Bank was established 25 years ago and is currently headquartered in Houston, TX.

Apr 14 1999
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Prosperity Bank Buyer 21,390,286 Acquisition Discontinued 6/1/2008
Relationships Role Relationship Start Relationship End
1St Choice Bancorp, Inc. Parent 5/23/2008 5/31/2008
1St Choice Bancorp Of Delaware, Inc. Parent 6/11/2001 5/22/2008
1St Choice Insurance Agency, Inc. Subsidary 6/30/2007 5/21/2008
1St Choice Insurance Agency, Inc. Subsidary 12/29/2003 6/29/2007
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