First State Bank
Van, TX — Domestic Branch of a Domestic Bank
Acquired Oct 2011
Vitals
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Total Assets42.8M 0.2 %
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Total Deposits35.9M -0.5 %
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Total Net Loans31.8M -1.0 %
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Net Income340000.0000 -0.9 %
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Book Value6.8M 4.0 %
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Book Value x213.6M 4.0 %
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Book Value x320.3M 4.0 %
Balance Sheet Highlights
Financial Highlights | First State Bank | All Insured Commercial Banks in Texas |
Balance Sheet $(000) | ||
Total Assets | 42,806 | 236,830 |
Total Net Loans | 31,823 | 125,178 |
Total Deposits | 35,862 | 202,598 |
Total Equity | 6,783 | 25,710 |
Profitability | ||
Net Income | 340 | 1,739 |
Return on Average Assets | 1.052 | .986 |
Return on Average Equity | 6.771 | 9.388 |
Net Interest Margin | 4.432 | 4.026 |
Efficiency Ratio | 66.551 | 70.717 |
Noninterest Income/Revenue | 13.385 | 14.426 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 88.737 | 59.302 |
Securities/Assets | .086 | .238 |
Total Equity/Total Assets | .158 | .109 |
Tangible Equity/Tangible Assets | .158 | .105 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 6,726 | 22,973 |
Tier 2 Capital | 320 | 1,630 |
Total Capital | 7,046 | 24,610 |
Total Risk Weighted Assets | 25,625 | 140,260 |
Leverage Ratio | 15.62 | 10.153 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 26.25 | 18.324 |
Total Capital Ratio | 27.5 | 19.443 |
Timeline for First State Bank
Texas Bank And Trust Company
First State Bank was acquired by Texas Bank And Trust Company 12 years
View Profile Oct 29 2011Longview Delaware Corporation
Longview Delaware Corporation became a new parent organization for First State Bank.
View Profile Nov 01 1994Longview Financial Corporation
Longview Financial Corporation became a new parent organization for First State Bank.
View Profile Oct 03 1994First Bancshares Of Texas, Inc.
First Bancshares Of Texas, Inc. became a new parent organization for First State Bank.
View Profile Oct 31 1986Van Bancshares Inc
Van Bancshares Inc became a new parent organization for First State Bank.
View Profile Aug 11 1980Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Texas Bank And Trust Company | Buyer | 2,279,344 | Pooling of Interests | Discontinued | 10/29/2011 |
Relationships | Role | Relationship Start | Relationship End |
Longview Delaware Corporation | Parent | 11/1/1994 | 10/28/2011 |
Longview Financial Corporation | Parent | 10/3/1994 | 10/31/1994 |
First Bancshares Of Texas, Inc. | Parent | 10/31/1986 | 6/7/1991 |
Van Bancshares Inc | Parent | 8/11/1980 | 10/30/1986 |
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