PackageTrendsPeer
Letter portraitLegal landscape

First State Bank, The

Avinger, TX · Cert 12314

FDIC

Q1 2013

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q1 2013, the quarter ended March 31, 2013, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

First State Bank, The

Avinger, TX · Cert 12314

FDIC

Q1 2013

$19.8MAssets
$10.4MLoans
$16.2MDeposits
$1.7MEquity
Loan mix
68%RE $5.1M27%C&I $2.0M6%Consumer $0.4MQ1 2012Q1 2013
Deposit mix
87%Interest-bearing $14.1M13%Noninterest $2.1MQ1 2012Q1 2013

NIM

3.38%Q1 ’113.42%Q1 ’123.05%Q1 ’13+6%-8%

Non-interest income vs. expense

1.78%Q1 ’111.95%Q1 ’121.63%Q1 ’13+10%-18%

Executive Summary

  • Earnings: ROA of 1.36%, up 5 bps year over year; NIM at 2.74%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Funding: loans stand at 64.53% of deposits as of Q1 2013.

Financial Results

Return on Assets (YTD, annualized)

1.36%+5 bps YoY

Net Interest Margin (YTD, annualized)

2.74%-25 bps YoY

Efficiency Ratio (YTD, annualized)

54.61%-527 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ1 2012Q2 2012Q3 2012Q4 2012Q1 2013YoY ΔTrend
Earnings
Return on Assets1.32%1.38%1.51%1.49%1.36%+5 bps
Return on Equity15.10%16.27%18.50%18.25%16.45%+135 bps
Net Interest Margin2.99%3.10%2.77%2.82%2.74%-25 bps
Efficiency Ratio59.87%57.01%54.00%54.38%54.61%-527 bps
Non-Interest Burden1.68%1.65%1.34%1.38%1.38%-30 bps
Growth
Asset Growth (YoY)-16.22%-0.24%3.33%7.52%3.69%+1,991 bps
Loan Growth (YoY)-2.97%-7.86%-7.94%-2.06%-2.46%+52 bps
Deposit Growth (YoY)-0.11%-3.85%0.73%-6.61%1.11%+122 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans2.18%2.03%2.07%2.17%2.23%+5 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital17.01%15.49%15.37%15.94%17.02%+1 bps
Equity / Assets8.89%8.00%7.42%7.97%8.64%-25 bps
Liquidity & Funding
Loans / Deposits66.89%73.11%71.26%66.31%64.53%-236 bps
Liquid Assets / Assets39.89%41.97%44.41%45.65%45.00%+511 bps
CRE / Total Capitaln/an/an/an/an/an/an/a