Addison National Bank in Addison, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 08, 1999

  • Addison National Bank in Addison, Texas (TX)
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Addison National Bank - Overview

  • General
  • FDIC Certificate #: 26202
    Status: Inactive
    Closing history: Change in Location
    Acquiring institution: First State Bank of Texas (#10348)
    Federal Reserve ID: 413655
    Date Established: April 08, 1985
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Interstate: No)
    OTS Docket #: 14750
    FDIC's unique #: 32531
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: April 08, 1985
    Last Structure Change Effective Date: January 08, 1999
    Last Structure Change Process Date: May 06, 1999
    Last Data Update: May 06, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 3939 Beltline Road, Suite 100, Addison, TX 75244
    County: Dallas
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Dallas
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Dallas, TX (#1920)
    Consolidated Metropolitan Statistical Area (CMSA): Dallas-Fort Worth, TX (#31)
    Combined Statistical Area (CSA): Dallas-Fort Worth, TX (#206)
    Core Based Statistical Area (CBSA): Dallas-Fort Worth-Arlington, TX (#19100)
    CBSA Metro Statistical Area: Dallas-Fort Worth-Arlington, TX (#19100)
    Core Based Statistical Division: Dallas-Plano-Irving, TX (#19124)
  • History of Changes
  • Merger - Without Assistance
    Participated in Reorganization
    Change in Location
  • Financial Summary
  • Total assets: $41.5 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 1998)

  • Dollar figures in thousands
  • 15Total employees (full-time equivalent)
  • $41,485Total assets
  • $3,171Cash and due from depository institutions
  • $0Interest-bearing balances
  • $6,164Securities
  • $18,340Federal funds sold & reverse repurchase agreements
  • $12,768Net loans & leases
  • $263Loan loss allowance
  • $0Trading account assets
  • $445Bank premises and fixed assets
  • $84Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $513All other assets
  • $41,485Total liabilities and capital
  • $39,103Total liabilities
  • $39,009Total deposits
  • $16,853Interest-bearing deposits
  • $39,009Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $94All other liabilities
  • $2,382Total equity capital
  • $2,382Total bank equity capital
  • $2,382Perpetual preferred stock
  • $0Common stock
  • $300Surplus
  • $1,668Undivided profits
  • Memoranda
  • $414Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $134Earning assets
  • $0Long-term assets (5+ years)
  • $102Average Assets, year-to-date
  • $37,272Average Assets, quarterly
  • $1,356Volatile liabilities
  • $40,028Insider loans
  • $40,413FHLB advances
  • $2,209Loans and leases held for sale
  • $122Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $160Total risk weighted assets
  • $7,117Total unused commitments
  • $0Restructured Loans and leases
  • $16,834Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $2,727Total interest income
  • $608Total interest expense
  • $2,119Net interest income
  • $90Provision for loan and lease losses
  • $378Total noninterest income
  • $0Fiduciary activities
  • $323Service charges on deposit accounts
  • $0Trading account gains & fees
  • $55Additional noninterest income
  • $1,960Total noninterest expense
  • $1,071Salaries and employee benefits
  • $342Premises and equipment expense
  • $547Additional noninterest expense
  • $447Pre-tax net operating income
  • $0Securities gains (losses)
  • $5Applicable income taxes
  • $442Income before extraordinary items
  • $0Extraordinary gains - net
  • $442Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $181Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.61%Yield on earning assets
  • 1.70%Cost of funding earning assets
  • 5.91%Net interest margin
  • 1.06%Noninterest income to earning assets
  • 5.47%Noninterest expense to earning assets
  • 1.10%Net operating income to assets
  • 1.10%Return on assets (ROA)
  • 1.12%Pretax return on assets
  • 20.17%Return on equity (ROE)
  • 20.17%Retained earnings to average equity (YTD only)
  • 1.04%Net charge-offs to loans
  • 49.72%Credit loss provision to net charge-offs
  • 2.97%Efficiency ratio
  • 78,494Assets per employee
  • 2.77%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.02%Loss allowance to noncurrent loans
  • 196.27%Noncurrent assets plus other real estate owned to assets
  • 0.53%Noncurrent loans to loans
  • 1.03%Net loans and leases to deposits
  • 32.73%Net loans and leases to core deposits
  • 34.70%Equity capital to assets
  • 5.74%Core capital (leverage) ratio
  • 5.96%Tier 1 risk-based capital ratio
  • 14.15%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $40,028Average earning assets
  • $2,192Average equity
  • $35,827Average loans

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