American Bank in Huntsville, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 15, 1996

  • American Bank in Huntsville, Texas (TX)
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American Bank - Overview

  • General
  • FDIC Certificate #: 21946
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: The East Texas National Bank of Palestine (#3379)
    Federal Reserve ID: 855358
    Date Established: March 10, 1975
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 15210
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: March 10, 1975
    Last Structure Change Effective Date: April 15, 1996
    Last Structure Change Process Date: June 26, 1996
    Last Data Update: June 26, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 1718 Eleventh Street, Huntsville, TX 77340
    County: Walker
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Houston
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Combined Statistical Area (CSA): Houston-Baytown-Huntsville, TX (#288)
    Core Based Statistical Area (CBSA): Huntsville, TX (#26660)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merger - Without Assistance
    Participated in Reorganization
  • Financial Summary
  • Total assets: $34.6 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $18Total assets
  • $34,312Cash and due from depository institutions
  • $1,891Interest-bearing balances
  • $0Securities
  • $11,339Federal funds sold & reverse repurchase agreements
  • $3,258Net loans & leases
  • $16,403Loan loss allowance
  • $361Trading account assets
  • $0Bank premises and fixed assets
  • $789Other real estate owned
  • $338Goodwill and other intangibles
  • $294Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $34,312Total liabilities
  • $30,953Total deposits
  • $30,797Interest-bearing deposits
  • $24,230Deposits held in domestic offices
  • 30797.00%% insured (estimated)
  • $97Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $156Total equity capital
  • $156Total bank equity capital
  • $3,359Perpetual preferred stock
  • $0Common stock
  • $400Surplus
  • $1,400Undivided profits
  • Memoranda
  • $1,559Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $128Earning assets
  • $31,000Long-term assets (5+ years)
  • $4,038Average Assets, year-to-date
  • $33,212Average Assets, quarterly
  • $34,171Volatile liabilities
  • $2,303Insider loans
  • $167FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $756Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $3,333Total risk weighted assets
  • $18,087Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $2,530Total interest expense
  • $847Net interest income
  • $1,683Provision for loan and lease losses
  • $3Total noninterest income
  • $477Fiduciary activities
  • $0Service charges on deposit accounts
  • $394Trading account gains & fees
  • $0Additional noninterest income
  • $83Total noninterest expense
  • $1,415Salaries and employee benefits
  • $594Premises and equipment expense
  • $219Additional noninterest expense
  • $602Pre-tax net operating income
  • $742Securities gains (losses)
  • $0Applicable income taxes
  • $191Income before extraordinary items
  • $551Extraordinary gains - net
  • $0Net income attributable to bank
  • $551Net charge-offs
  • $5Cash dividends
  • $80Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.56%Cost of funding earning assets
  • 2.87%Net interest margin
  • 5.69%Noninterest income to earning assets
  • 1.61%Noninterest expense to earning assets
  • 4.79%Net operating income to assets
  • 1.66%Return on assets (ROA)
  • 1.66%Pretax return on assets
  • 2.23%Return on equity (ROE)
  • 18.54%Retained earnings to average equity (YTD only)
  • 15.85%Net charge-offs to loans
  • 0.03%Credit loss provision to net charge-offs
  • 60.00%Efficiency ratio
  • 65,509Assets per employee
  • 1.91%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 14.52%Loss allowance to loans
  • 2.15%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.99%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 53.26%Net loans and leases to core deposits
  • 57.57%Equity capital to assets
  • 9.79%Core capital (leverage) ratio
  • 9.97%Tier 1 risk-based capital ratio
  • 18.43%Total risk-based capital ratio
  • Memoranda
  • $20Average assets
  • $33,212Average earning assets
  • $2,972Average equity
  • $29,560Average loans

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