First State Bank
Frankston, TX — Domestic Branch of a Domestic Bank
Acquired Oct 2010
Vitals
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Total Assets141.1M 2.3 %
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Total Deposits116.6M -2.1 %
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Total Net Loans107.4M 10.1 %
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Net Income1.2M 52.8 %
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Book Value16.3M 3.5 %
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Book Value x232.7M 3.5 %
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Book Value x349.0M 3.5 %
Balance Sheet Highlights
Financial Highlights | First State Bank | All Insured Commercial Banks in Texas |
Balance Sheet $(000) | ||
Total Assets | 141,083 | 218,251 |
Total Net Loans | 107,432 | 124,899 |
Total Deposits | 116,582 | 185,073 |
Total Equity | 16,348 | 23,355 |
Profitability | ||
Net Income | 1,178 | 1,531 |
Return on Average Assets | 1.091 | .924 |
Return on Average Equity | 9.874 | 8.777 |
Net Interest Margin | 4.932 | 4.128 |
Efficiency Ratio | 65.581 | 71.344 |
Noninterest Income/Revenue | 16.42 | 13.902 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 92.151 | 64.766 |
Securities/Assets | .149 | .21 |
Total Equity/Total Assets | .116 | .107 |
Tangible Equity/Tangible Assets | .11 | .103 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 15,375 | 20,992 |
Tier 2 Capital | 1,258 | 1,589 |
Total Capital | 16,633 | 22,586 |
Total Risk Weighted Assets | 105,468 | 137,325 |
Leverage Ratio | 10.81 | 10.152 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 14.58 | 17.236 |
Total Capital Ratio | 15.77 | 18.346 |
Timeline for First State Bank
Austin Bank, Texas National Association
First State Bank was acquired by Austin Bank, Texas National Association 13 years
View Profile Oct 09 2010First State Bank
First State Bank was established 115 years ago and is currently headquartered in Frankston, TX.
Jan 01 1909Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Austin Bank, Texas National Association | Buyer | 1,576,241 | Pooling of Interests | Discontinued | 10/9/2010 |
Relationships | Role | Relationship Start | Relationship End |
Fdb, Inc. | Parent | 1/9/2001 | 10/8/2010 |
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