FDIC Certificate #: 25294 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Austin Bank, Texas National Association (#3276) Federal Reserve ID: 1009550 Date Established: June 29, 1984 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 10 (Interstate: No) FDIC's unique #: 17497 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: June 29, 1984 Last Structure Change Effective Date: April 12, 1999 Last Structure Change Process Date: April 22, 1999 Last Data Update: April 22, 1999 Data Source Date: April 05, 2012
Location
Address: 3400 West Marshall Avenue, Longview, TX 75608 County: Gregg 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): Longview-Marshall, TX (#4420) Combined Statistical Area (CSA): Longview-Marshall, TX (#346) Core Based Statistical Area (CBSA): Longview, TX (#30980) CBSA Metro Statistical Area: Longview, TX (#30980)
Financial Summary
Total assets: $180.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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
98Total employees (full-time equivalent)
$179,637Total assets
$8,196Cash and due from depository institutions
$0Interest-bearing balances
$43,875Securities
$14,500Federal funds sold & reverse repurchase agreements
$100,597Net loans & leases
$1,128Loan loss allowance
$0Trading account assets
$6,278Bank premises and fixed assets
$25Other real estate owned
$2,851Goodwill and other intangibles
$0Life insurance assets
$3,315All other assets
$179,637Total liabilities and capital
$166,773Total liabilities
$165,857Total deposits
$140,451Interest-bearing deposits
$165,857Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$916All other liabilities
$12,864Total equity capital
$12,864Total bank equity capital
$12,864Perpetual preferred stock
$0Common stock
$2,425Surplus
$7,425Undivided profits
Memoranda
$3,014Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$644Earning assets
$0Long-term assets (5+ years)
$766Average Assets, year-to-date
$158,972Average Assets, quarterly
$16,799Volatile liabilities
$167,893Insider loans
$175,908FHLB advances
$25,782Loans and leases held for sale
$121Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$9,775Total unused commitments
$0Restructured Loans and leases
$110,202Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$12,288Total interest income
$5,817Total interest expense
$6,471Net interest income
$731Provision for loan and lease losses
$1,868Total noninterest income
$0Fiduciary activities
$1,451Service charges on deposit accounts
$0Trading account gains & fees
$417Additional noninterest income
$6,702Total noninterest expense
$3,574Salaries and employee benefits
$892Premises and equipment expense
$2,236Additional noninterest expense
$906Pre-tax net operating income
$0Securities gains (losses)
$335Applicable income taxes
$571Income before extraordinary items
$0Extraordinary gains - net
$571Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$527Sale, conversion, retirement of capital stock, net
$272Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.12%Yield on earning assets
3.85%Cost of funding earning assets
4.28%Net interest margin
1.23%Noninterest income to earning assets
4.43%Noninterest expense to earning assets
0.34%Net operating income to assets
0.34%Return on assets (ROA)
0.54%Pretax return on assets
4.55%Return on equity (ROE)
2.38%Retained earnings to average equity (YTD only)
0.58%Net charge-offs to loans
138.71%Credit loss provision to net charge-offs
3.11%Efficiency ratio
76,556Assets per employee
1.83%Cash dividends to net income (YTD only)
Condition Ratios (%)
47.64%Loss allowance to loans
1.11%Loss allowance to noncurrent loans
175.16%Noncurrent assets plus other real estate owned to assets
0.37%Noncurrent loans to loans
0.63%Net loans and leases to deposits
60.65%Net loans and leases to core deposits
71.82%Equity capital to assets
7.16%Core capital (leverage) ratio
5.81%Tier 1 risk-based capital ratio
9.13%Total risk-based capital ratio
Memoranda
$10Average assets
$167,893Average earning assets
$12,556Average equity
$151,283Average loans
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Austin Bank, National Association.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: