Columbus State Bank Reports – 891253

Columbus State Bank Financial Reports

Quater Ended: 2024-03-31

Columbus State Bank is a Commercial bank, state charter, Fed non-member, and supervised by the Federal Deposit Insurance Corporation (FDIC) located in Columbus, TX. Established on 08/19/1919, the bank is regulated by the FDIC and has 2 domestic offices. It operates in the N/A.

The bank has 12 employees and holds $139,068k in total assets. With a focus on community banking, the bank has been serving its customers since 08/19/1919.

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Columbus State Bank Institution Profile

Established Date 08/19/1919 Institution Class Commercial bank, state charter, Fed non-member, and supervised by the Federal Deposit Insurance Corporation (FDIC)
Primary Regulator FDIC Number of Domestic Offices 2
Number of Foreign Offices 0 Number of US Offices 0
Number of Employees 12 Directly owned by another bank (CERT) No
Community Bank Yes ZIP 78934
Ownership Type Not Mutual City Columbus
State Alpha code TX State and County Number 48089
Subchapter S Corporations No Trust Powers Trust Powers Not Known
Federal Reserve ID Number 11 Federal Reserve ID Number Description DALLAS
Office of The Comptroller District: SOUTHERN DISTRICT Office of Thrift Supervision Region West
Last Structure Change Effective Date 08/31/2022 Date of Deposit Insurance 01/01/1934
Primary Insurance Agency DIF

Institution Profile Overview

Delve into the foundational details of Columbus State Bank with our “Institution Profile” table. The 08/19/1919 marks the bank’s inception, providing historical context. Categorized as a Commercial bank, state charter, Fed non-member, and supervised by the Federal Deposit Insurance Corporation (FDIC), the bank operates under the oversight of FDIC, ensuring compliance and regulatory adherence.

2 domestic offices reflect the bank’s physical footprint, while insights into ownership type, trust powers, and regulatory affiliations contribute to understanding its operational structure. Details such as Columbus, TX, and 78934 provide geographic context. Explore these attributes to gain a holistic view of Columbus State Bank in the financial landscape.

Columbus State Bank Financials

(USD, in thousands)

Total Assets 139,068 Total Liabilities 127,783
Total Equity Capital 11,285 Total Deposits 127,570
Net Loans and Leases 3,522 Total Interest Income 1,106
Total Noninterest Income 38 Total Interest Expense 159
Total Noninterest Expense 451 Tier 1 Risk-Based Capital Ratio 25
Net Loans and Leases to Core Deposits 3 Return on Assets 1
Return on Equity 15 Efficiency Ratio 46

Financial Performance Overview

Gain a comprehensive perspective on Columbus State Bank’s financial landscape through our “Financials” table. The bank boasts total assets of $139,068k, showcasing its substantial scale and influential market presence. A nuanced breakdown reveals insights into the bank’s financial structure and stability, with total liabilities standing at $127,783k and total equity capital at $11,285k.

Delve into key operational metrics, including total deposits of $127,570k, net loans and leases at $4k, and a meticulous analysis of income and expense components. Explore vital ratios such as the Tier 1 Risk-Based Capital Ratio, standing at 25.361, and Return on Assets at 1.17. These metrics provide valuable insights into the bank’s risk management strategies and overall profitability.

This detailed financial overview is designed to enhance your understanding of Columbus State Bank’s performance and competitive positioning within the financial industry.

Columbus State Bank Additional Financial Information

(USD, in thousands)

Earnings Coverage of Net Loan Charge-Offs(x) 0 Net Loans and Leases to Core Deposits 3
Tier 1 Risk-Based Capital Ratio 25 Securities Gains (Losses) 0
Goodwill and Other Intangibles N/A Cost of Funding Earning Assets 0
Yield on Earning Assets 3 Total Interest Income 1,106
Applicable Income Taxes 112 Loss Allowance to Loans and Leases 2
Net Loans and Leases 3,522 Loss Allowance to Noncurrent Loans and Leases 1,967
Noncurrent Loans to Loans 0 Net Income Attributable to Bank and Noncontrolling Interests 422
Net Interest Income 947 Net Interest Margin 3
Net Operating Income to Assets 1 Noninterest Income to Average Assets 0
Total Noninterest Income 38 Noninterest Expense to Average Assets 1
Total Noninterest Expense 451 Net Charge-Offs to Loans and Leases 0
All Other Assets 1,812 Other Real Estate Owned 0
Other borrowed funds 0 Pre-tax Net Operating Income 534
Pretax Return on Assets 1 Return on Assets 1
Retained Earnings to Average Equity (YTD only) 14

Insights into Financial Metrics

Enhance your understanding of Columbus State Bank’s financial standing through our “Additional Financial Information” table. Explore key metrics such as Net Loans and Leases: $3,522k and Net Interest Income $947k to gain valuable insights into the bank’s core operations and revenue streams. Assess the Tier 1 Risk-Based Capital Ratio: 25.361 for in-depth insights into capital adequacy and risk management strategies.

Delve into the intricacies of Net Charge-Offs to Loans and Leases: 0 to evaluate the bank’s asset quality and risk mitigation efforts. Examine the composition of income through Total Noninterest Income:$38k and evaluate operational efficiency using metrics like Efficiency Ratio: 45.79. This nuanced financial overview empowers a comprehensive analysis of Columbus State Bank’s strategic financial position and performance in the industry.

This table provides key financial information about Columbus State Bank. Get more data about Columbus State Bank on Visbanking Report Portal.