Home > The First State Bank > Performance and Condition Ratios
The First State Bank, Performance and Condition Ratios
| 2010-12-31 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 9.0819% | 44 |
| Cost of funding earning assets | 2.7251% | 54 |
| Net interest margin | 6.3568% | 74 |
| Noninterest income to average assets | 0.4944% | 4,209 |
| Noninterest expense to average assets | 2.9299% | 4,107 |
| Loan and lease loss provision to assets | 1.5995% | 901 |
| Net operating income to assets | 1.8273% | 388 |
| Return on assets (ROA) | 1.8273% | 423 |
| Pretax return on assets | 1.8273% | 720 |
| Return on Equity (ROE) | 24.0464% | 115 |
| Retained earnings to average equity (ytd only) | 10.4924% | 438 |
| Net charge-offs to loans | 1.7586% | 1,209 |
| Credit loss provision to net charge-offs | 107.4919% | 4,130 |
| Earnings coverage of net charge-offs (x) | 2.3029% | 3,999 |
| Efficiency ratio | 46.0923% | 7,346 |
| Assets per employee ($millions) | 5.5683% | 1,521 |
| Cash dividends to net income (ytd only)* | 56.3660% | 1,782 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 1.0386% | 6,198 |
| Loan loss allowance to noncurrent loans | 19.6410% | 6,826 |
| Noncurrent assets plus other real estate owned to assets | 4.2518% | 1,568 |
| Noncurrent loans to loans | 5.2880% | 1,255 |
| Net loans and leases to total assets | 79.5694% | 720 |
| Net loans and leases to deposits | 86.0232% | 2,095 |
| Net loans and leases to core deposits | 89.3924% | 2,841 |
| Total domestic deposits to total assets | 92.4976% | 186 |
| Equity capital to assets | 7.3205% | 6,989 |
| Core capital (leverage) ratio | 7.1223% | 6,956 |
| Tier 1 risk-based capital ratio | 8.6031% | 7,297 |
| Total risk-based capital ratio | 9.5845% | 7,336 |
| Memoranda: | ||
| Average total assets | $41,263,800 | 6,817 |
| Average earning assets | $38,053,800 | 6,791 |
| Average equity | $3,135,600 | 7,237 |
| Average total loans | $34,914,000 | 6,158 |
| 2010-09-30 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 9.2004% | 43 |
| Cost of funding earning assets | 2.7512% | 55 |
| Net interest margin | 6.4492% | 69 |
| Noninterest income to average assets | 0.5176% | 4,043 |
| Noninterest expense to average assets | 2.7561% | 4,656 |
| Loan and lease loss provision to assets | 1.5165% | 872 |
| Net operating income to assets | 2.1956% | 242 |
| Return on assets (ROA) | 2.1956% | 258 |
| Pretax return on assets | 2.1956% | 415 |
| Return on Equity (ROE) | 28.6053% | 65 |
| Retained earnings to average equity (ytd only) | 10.3513% | 712 |
| Net charge-offs to loans | 1.7143% | 1,141 |
| Credit loss provision to net charge-offs | 103.1390% | 4,164 |
| Earnings coverage of net charge-offs (x) | 2.5247% | 3,905 |
| Efficiency ratio | 42.6096% | 7,510 |
| Assets per employee ($millions) | 5.4351% | 1,688 |
| Cash dividends to net income (ytd only)* | 63.8134% | 1,103 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 0.9436% | 6,599 |
| Loan loss allowance to noncurrent loans | 231.2925% | 1,264 |
| Noncurrent assets plus other real estate owned to assets | 0.3381% | 6,539 |
| Noncurrent loans to loans | 0.4079% | 6,386 |
| Net loans and leases to total assets | 82.0910% | 483 |
| Net loans and leases to deposits | 88.7734% | 1,894 |
| Net loans and leases to core deposits | 90.5020% | 3,027 |
| Total domestic deposits to total assets | 92.4726% | 133 |
| Equity capital to assets | 7.3595% | 7,206 |
| Core capital (leverage) ratio | 7.5124% | 6,833 |
| Tier 1 risk-based capital ratio | 8.7888% | 7,401 |
| Total risk-based capital ratio | 9.7226% | 7,446 |
| Memoranda: | ||
| Average total assets | $40,443,250 | 6,923 |
| Average earning assets | $37,316,250 | 6,905 |
| Average equity | $3,104,250 | 7,335 |
| Average total loans | $34,688,250 | 6,256 |
| 2010-06-30 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 9.2037% | 44 |
| Cost of funding earning assets | 2.7947% | 65 |
| Net interest margin | 6.4090% | 73 |
| Noninterest income to average assets | 0.5123% | 4,011 |
| Noninterest expense to average assets | 2.7491% | 4,703 |
| Loan and lease loss provision to assets | 1.3695% | 985 |
| Net operating income to assets | 2.3028% | 194 |
| Return on assets (ROA) | 2.3028% | 210 |
| Pretax return on assets | 2.3028% | 338 |
| Return on Equity (ROE) | 29.5541% | 61 |
| Retained earnings to average equity (ytd only) | 18.1621% | 126 |
| Net charge-offs to loans | 1.2617% | 1,510 |
| Credit loss provision to net charge-offs | 125.0000% | 3,227 |
| Earnings coverage of net charge-offs (x) | 3.3519% | 3,360 |
| Efficiency ratio | 42.8120% | 7,556 |
| Assets per employee ($millions) | 5.0388% | 2,137 |
| Cash dividends to net income (ytd only)* | 38.5463% | 2,149 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 1.0754% | 6,058 |
| Loan loss allowance to noncurrent loans | 156.3786% | 1,785 |
| Noncurrent assets plus other real estate owned to assets | 0.6028% | 5,982 |
| Noncurrent loans to loans | 0.6877% | 5,876 |
| Net loans and leases to total assets | 86.7179% | 181 |
| Net loans and leases to deposits | 94.4706% | 1,214 |
| Net loans and leases to core deposits | 97.1405% | 2,314 |
| Total domestic deposits to total assets | 91.7936% | 262 |
| Equity capital to assets | 8.0327% | 6,722 |
| Core capital (leverage) ratio | 8.0619% | 6,178 |
| Tier 1 risk-based capital ratio | 9.2936% | 7,338 |
| Total risk-based capital ratio | 10.3843% | 7,389 |
| Memoranda: | ||
| Average total assets | $39,430,670 | 7,014 |
| Average earning assets | $36,355,000 | 6,988 |
| Average equity | $3,072,330 | 7,395 |
| Average total loans | $34,239,670 | 6,319 |
| 2010-03-31 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 8.9611% | 51 |
| Cost of funding earning assets | 2.7837% | 95 |
| Net interest margin | 6.1774% | 94 |
| Noninterest income to average assets | 0.5437% | 3,695 |
| Noninterest expense to average assets | 2.7699% | 4,607 |
| Loan and lease loss provision to assets | 1.0772% | 1,144 |
| Net operating income to assets | 2.4108% | 171 |
| Return on assets (ROA) | 2.4108% | 190 |
| Pretax return on assets | 2.4108% | 286 |
| Return on Equity (ROE) | 31.4434% | 77 |
| Retained earnings to average equity (ytd only) | 8.0281% | 1,699 |
| Net charge-offs to loans | 0.6767% | 2,140 |
| Credit loss provision to net charge-offs | 184.2105% | 1,989 |
| Earnings coverage of net charge-offs (x) | 5.9649% | 2,310 |
| Efficiency ratio | 44.2623% | 7,615 |
| Assets per employee ($millions) | 4.9483% | 2,303 |
| Cash dividends to net income (ytd only)* | 74.4681% | 950 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 1.0866% | 6,068 |
| Loan loss allowance to noncurrent loans | 402.1505% | 787 |
| Noncurrent assets plus other real estate owned to assets | 0.2349% | 6,870 |
| Noncurrent loans to loans | 0.2702% | 6,783 |
| Net loans and leases to total assets | 86.0001% | 214 |
| Net loans and leases to deposits | 93.2866% | 1,435 |
| Net loans and leases to core deposits | 96.4939% | 2,526 |
| Total domestic deposits to total assets | 92.1892% | 209 |
| Equity capital to assets | 7.6264% | 6,979 |
| Core capital (leverage) ratio | 7.7789% | 6,531 |
| Tier 1 risk-based capital ratio | 8.9254% | 7,494 |
| Total risk-based capital ratio | 10.0310% | 7,543 |
| Memoranda: | ||
| Average total assets | $38,991,000 | 7,117 |
| Average earning assets | $36,067,000 | 7,090 |
| Average equity | $2,989,500 | 7,495 |
| Average total loans | $33,691,500 | 6,425 |
| 2009-12-31 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 9.7764% | 39 |
| Cost of funding earning assets | 3.2357% | 111 |
| Net interest margin | 6.5407% | 67 |
| Noninterest income to average assets | 0.7222% | 2,837 |
| Noninterest expense to average assets | 3.1703% | 3,475 |
| Loan and lease loss provision to assets | 1.3778% | 1,665 |
| Net operating income to assets | 2.1957% | 147 |
| Return on assets (ROA) | 2.1957% | 160 |
| Pretax return on assets | 2.1957% | 277 |
| Return on Equity (ROE) | 27.4713% | 66 |
| Retained earnings to average equity (ytd only) | 11.9030% | 215 |
| Net charge-offs to loans | 1.1612% | 2,106 |
| Credit loss provision to net charge-offs | 134.9432% | 3,676 |
| Earnings coverage of net charge-offs (x) | 3.5000% | 3,316 |
| Efficiency ratio | 47.0108% | 7,665 |
| Assets per employee ($millions) | 4.7995% | 2,488 |
| Cash dividends to net income (ytd only)* | 56.6711% | 2,165 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 0.9889% | 6,450 |
| Loan loss allowance to noncurrent loans | 343.1579% | 944 |
| Noncurrent assets plus other real estate owned to assets | 0.2474% | 6,835 |
| Noncurrent loans to loans | 0.2882% | 6,706 |
| Net loans and leases to total assets | 85.0063% | 350 |
| Net loans and leases to deposits | 92.3179% | 1,847 |
| Net loans and leases to core deposits | 149.3297% | 526 |
| Total domestic deposits to total assets | 92.0799% | 251 |
| Equity capital to assets | 7.7091% | 6,851 |
| Core capital (leverage) ratio | 7.7872% | 6,468 |
| Tier 1 risk-based capital ratio | 8.8116% | 7,533 |
| Total risk-based capital ratio | 9.7821% | 7,610 |
| Memoranda: | ||
| Average total assets | $34,475,800 | 7,303 |
| Average earning assets | $31,739,600 | 7,277 |
| Average equity | $2,755,600 | 7,660 |
| Average total loans | $30,314,200 | 6,607 |
| 2009-09-30 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 9.8516% | 40 |
| Cost of funding earning assets | 3.2954% | 142 |
| Net interest margin | 6.5561% | 67 |
| Noninterest income to average assets | 0.6488% | 3,353 |
| Noninterest expense to average assets | 2.9695% | 4,166 |
| Loan and lease loss provision to assets | 0.9155% | 2,094 |
| Net operating income to assets | 2.7824% | 74 |
| Return on assets (ROA) | 2.7824% | 84 |
| Pretax return on assets | 2.7824% | 134 |
| Return on Equity (ROE) | 34.4603% | 38 |
| Retained earnings to average equity (ytd only) | 17.2054% | 101 |
| Net charge-offs to loans | 0.2068% | 4,747 |
| Credit loss provision to net charge-offs | 500.0000% | 781 |
| Earnings coverage of net charge-offs (x) | 20.1963% | 1,250 |
| Efficiency ratio | 44.5373% | 7,819 |
| Assets per employee ($millions) | 4.5980% | 2,699 |
| Cash dividends to net income (ytd only)* | 50.0719% | 2,002 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 1.1535% | 5,397 |
| Loan loss allowance to noncurrent loans | 131.6327% | 2,161 |
| Noncurrent assets plus other real estate owned to assets | 0.7993% | 5,516 |
| Noncurrent loans to loans | 0.8763% | 5,538 |
| Net loans and leases to total assets | 90.1588% | 109 |
| Net loans and leases to deposits | 98.3395% | 1,284 |
| Net loans and leases to core deposits | 157.5712% | 427 |
| Total domestic deposits to total assets | 91.6812% | 232 |
| Equity capital to assets | 8.1013% | 6,740 |
| Core capital (leverage) ratio | 8.6578% | 5,211 |
| Tier 1 risk-based capital ratio | 8.8929% | 7,657 |
| Total risk-based capital ratio | 10.0477% | 7,711 |
| Memoranda: | ||
| Average total assets | $33,495,750 | 7,404 |
| Average earning assets | $30,749,000 | 7,384 |
| Average equity | $2,704,500 | 7,749 |
| Average total loans | $29,651,500 | 6,700 |
| 2009-06-30 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 9.7204% | 43 |
| Cost of funding earning assets | 3.4136% | 147 |
| Net interest margin | 6.3068% | 84 |
| Noninterest income to average assets | 0.5617% | 3,944 |
| Noninterest expense to average assets | 3.0371% | 3,933 |
| Loan and lease loss provision to assets | 0.7716% | 2,147 |
| Net operating income to assets | 2.5124% | 106 |
| Return on assets (ROA) | 2.5124% | 120 |
| Pretax return on assets | 2.5124% | 209 |
| Return on Equity (ROE) | 31.1559% | 62 |
| Retained earnings to average equity (ytd only) | 17.7596% | 109 |
| Net charge-offs to loans | 0.0071% | 6,494 |
| Credit loss provision to net charge-offs | 12,500.0000% | 37 |
| Earnings coverage of net charge-offs (x) | 532.0000% | 57 |
| Efficiency ratio | 48.0469% | 7,751 |
| Assets per employee ($millions) | 4.0505% | 3,590 |
| Cash dividends to net income (ytd only)* | 42.9975% | 2,304 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 1.1034% | 5,579 |
| Loan loss allowance to noncurrent loans | 238.6861% | 1,284 |
| Noncurrent assets plus other real estate owned to assets | 0.4228% | 6,408 |
| Noncurrent loans to loans | 0.4623% | 6,370 |
| Net loans and leases to total assets | 90.4518% | 111 |
| Net loans and leases to deposits | 103.4519% | 949 |
| Net loans and leases to core deposits | 166.0623% | 369 |
| Total domestic deposits to total assets | 87.4337% | 2,042 |
| Equity capital to assets | 8.8384% | 5,539 |
| Core capital (leverage) ratio | 8.6980% | 5,091 |
| Tier 1 risk-based capital ratio | 9.7345% | 7,199 |
| Total risk-based capital ratio | 10.8460% | 7,268 |
| Memoranda: | ||
| Average total assets | $32,399,670 | 7,512 |
| Average earning assets | $29,587,330 | 7,495 |
| Average equity | $2,612,670 | 7,850 |
| Average total loans | $28,351,670 | 6,829 |
| 2009-03-31 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 9.5130% | 48 |
| Cost of funding earning assets | 3.3289% | 247 |
| Net interest margin | 6.1841% | 91 |
| Noninterest income to average assets | 0.5309% | 4,052 |
| Noninterest expense to average assets | 3.1360% | 3,243 |
| Loan and lease loss provision to assets | 0.4321% | 2,765 |
| Net operating income to assets | 2.6051% | 109 |
| Return on assets (ROA) | 2.6051% | 134 |
| Pretax return on assets | 2.6051% | 214 |
| Return on Equity (ROE) | 33.9365% | 67 |
| Retained earnings to average equity (ytd only) | 5.7901% | 2,732 |
| Net charge-offs to loans | -0.0722% | 7,799 |
| Credit loss provision to net charge-offs | -700.0000% | 6,467 |
| Earnings coverage of net charge-offs (x) | NA | NA |
| Efficiency ratio | 50.8000% | 7,530 |
| Assets per employee ($millions) | 4.2159% | 3,235 |
| Cash dividends to net income (ytd only)* | 82.9384% | 997 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 0.8497% | 6,971 |
| Loan loss allowance to noncurrent loans | 1,869.2308% | 244 |
| Noncurrent assets plus other real estate owned to assets | 0.0385% | 7,501 |
| Noncurrent loans to loans | 0.0455% | 7,409 |
| Net loans and leases to total assets | 84.0691% | 678 |
| Net loans and leases to deposits | 91.5649% | 2,677 |
| Net loans and leases to core deposits | 136.1406% | 1,300 |
| Total domestic deposits to total assets | 91.8137% | 211 |
| Equity capital to assets | 7.9106% | 6,948 |
| Core capital (leverage) ratio | 8.2639% | 5,973 |
| Tier 1 risk-based capital ratio | 9.1994% | 7,675 |
| Total risk-based capital ratio | 10.0372% | 7,938 |
| Memoranda: | ||
| Average total assets | $32,397,500 | 7,551 |
| Average earning assets | $29,559,500 | 7,542 |
| Average equity | $2,487,000 | 7,930 |
| Average total loans | $27,709,000 | 6,899 |
| 2008-12-31 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 9.8773% | 49 |
| Cost of funding earning assets | 4.5609% | 11 |
| Net interest margin | 5.3164% | 277 |
| Noninterest income to average assets | 1.1672% | 1,133 |
| Noninterest expense to average assets | 3.7970% | 1,760 |
| Loan and lease loss provision to assets | 1.0267% | 1,429 |
| Net operating income to assets | 1.1852% | 1,824 |
| Return on assets (ROA) | 1.1852% | 1,753 |
| Pretax return on assets | 1.1852% | 2,699 |
| Return on Equity (ROE) | 15.4098% | 862 |
| Retained earnings to average equity (ytd only) | 4.3091% | 2,436 |
| Net charge-offs to loans | 0.7764% | 1,602 |
| Credit loss provision to net charge-offs | 156.5934% | 3,326 |
| Earnings coverage of net charge-offs (x) | 3.3736% | 4,397 |
| Efficiency ratio | 63.1894% | 5,738 |
| Assets per employee ($millions) | 3.8835% | 3,775 |
| Cash dividends to net income (ytd only)* | 72.0365% | 2,082 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 0.7569% | 7,258 |
| Loan loss allowance to noncurrent loans | 79.6078% | 4,134 |
| Noncurrent assets plus other real estate owned to assets | 0.8208% | 4,796 |
| Noncurrent loans to loans | 0.9507% | 4,701 |
| Net loans and leases to total assets | 85.6766% | 643 |
| Net loans and leases to deposits | 92.9237% | 2,971 |
| Net loans and leases to core deposits | 137.0367% | 1,431 |
| Total domestic deposits to total assets | 92.2010% | 108 |
| Equity capital to assets | 7.4224% | 7,451 |
| Core capital (leverage) ratio | 7.8035% | 6,794 |
| Tier 1 risk-based capital ratio | 8.4029% | 8,012 |
| Total risk-based capital ratio | 9.1426% | 8,130 |
| Memoranda: | ||
| Average total assets | $27,758,400 | 7,740 |
| Average earning assets | $25,280,200 | 7,724 |
| Average equity | $2,135,000 | 8,091 |
| Average total loans | $23,440,800 | 7,112 |