First State Bank (2413)

First State Bank (2413) is headquartered in New Braunfels and is the 179^th largest bank in the state of Texas. It is also the 2,355^th largest bank in the nation. It was established in 1907 and as of September of 2011, it had grown to 86 employees at 9 locations. First State Bank (2413) has a 3-star health rating.

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Data for Q3 2011

Institution Statistics First State Bank FDIC Certificate # 2413 BankRate Report View Year Established 1907 Employees 86 Primary Regulator FDIC Assets and Liabilities Assets $270.47 million Loans $202.51 million Deposits $234.16 million Equity Capital $28.68 million Loan Loss Allowance $2.42 million Unbacked Noncurrent Loans $4.27 million Real Estate Owned $442,000 Historic Data - September 2010 Assets $263.69 million Equity Capital $26.54 million Loan Loss Allowance $2.46 million Unbacked Noncurrent Loans $962,000 Real Estate Owned $461,000 Profit Margin - Quarterly Net Interest Margin 4.76% Return on Assets 1.63% Return on Equity 16.21% Interest Income $11.13 million

Institution Health Overall Score: 3 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of September 30, 2011 First State Bank (2413) had $4.71 million in non-current loans and owned real-estate with $31.1 million in equity and loan loss allowances on hand to cover it. This gives First State Bank (2413) a Texas Ratio of 15.15% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for First State Bank (2413) increased slightly from 4.91% as of September 30, 2010 to 15.15% as of September 30, 2011, resulting in a negative change of 208.71%. This indicates that the balance sheet and financial strength for First State Bank (2413) has declined slightly in recent periods. Deposit Growth In the past year, First State Bank (2413) has increased its total deposits by $8.28 million, resulting in 3.67% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth First State Bank (2413) has shown is above average. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. First State Bank (2413) has $270.47 million in assets with $31.1 million in equity, resulting in a capitalization level of 11.50%, which is above average.

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