Bank of Texas in Raymondville, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 20, 1998

  • Bank of Texas in Raymondville, Texas (TX)
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Bank of Texas - Overview

  • General
  • FDIC Certificate #: 3403
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Texas State Bank (#23346)
    Federal Reserve ID: 647562
    Date Established: January 01, 1925
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    FDIC's unique #: 2217
    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: January 01, 1934
    Last Structure Change Effective Date: Febuary 20, 1998
    Last Structure Change Process Date: March 20, 1998
    Last Data Update: March 20, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 116 East Hidalgo, Raymondville, TX 78580
    County: Willacy
    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): Brownsville-Harlingen-Raymondville, TX (#154)
    Core Based Statistical Area (CBSA): Raymondville, TX (#39700)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $64.0 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 39Total employees (full-time equivalent)
  • $63,998Total assets
  • $7,124Cash and due from depository institutions
  • $3,752Interest-bearing balances
  • $21,279Securities
  • $6,300Federal funds sold & reverse repurchase agreements
  • $25,896Net loans & leases
  • $292Loan loss allowance
  • $0Trading account assets
  • $2,649Bank premises and fixed assets
  • $122Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $628All other assets
  • $63,998Total liabilities and capital
  • $58,929Total liabilities
  • $57,228Total deposits
  • $45,844Interest-bearing deposits
  • $57,228Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $824Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $877All other liabilities
  • $5,069Total equity capital
  • $5,069Total bank equity capital
  • $5,069Perpetual preferred stock
  • $0Common stock
  • $317Surplus
  • $1,900Undivided profits
  • Memoranda
  • $2,852Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $272Earning assets
  • $57Long-term assets (5+ years)
  • $217Average Assets, year-to-date
  • $57,227Average Assets, quarterly
  • $415Volatile liabilities
  • $61,736Insider loans
  • $62,134FHLB advances
  • $13,812Loans and leases held for sale
  • $27Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $2,173Total unused commitments
  • $0Restructured Loans and leases
  • $32,275Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $4,073Total interest income
  • $1,720Total interest expense
  • $2,353Net interest income
  • $78Provision for loan and lease losses
  • $717Total noninterest income
  • $0Fiduciary activities
  • $514Service charges on deposit accounts
  • $0Trading account gains & fees
  • $203Additional noninterest income
  • $2,302Total noninterest expense
  • $1,072Salaries and employee benefits
  • $314Premises and equipment expense
  • $916Additional noninterest expense
  • $690Pre-tax net operating income
  • $0Securities gains (losses)
  • $215Applicable income taxes
  • $475Income before extraordinary items
  • $0Extraordinary gains - net
  • $475Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $57Sale, conversion, retirement of capital stock, net
  • $6Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.60%Yield on earning assets
  • 3.21%Cost of funding earning assets
  • 4.39%Net interest margin
  • 1.34%Noninterest income to earning assets
  • 4.30%Noninterest expense to earning assets
  • 0.77%Net operating income to assets
  • 0.77%Return on assets (ROA)
  • 1.12%Pretax return on assets
  • 9.89%Return on equity (ROE)
  • 9.76%Retained earnings to average equity (YTD only)
  • 0.23%Net charge-offs to loans
  • 136.84%Credit loss provision to net charge-offs
  • 13.47%Efficiency ratio
  • 74,984Assets per employee
  • 1.64%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 1.26%Loss allowance to loans
  • 1.12%Loss allowance to noncurrent loans
  • 107.35%Noncurrent assets plus other real estate owned to assets
  • 0.62%Noncurrent loans to loans
  • 1.04%Net loans and leases to deposits
  • 45.25%Net loans and leases to core deposits
  • 58.54%Equity capital to assets
  • 7.92%Core capital (leverage) ratio
  • 7.96%Tier 1 risk-based capital ratio
  • 15.61%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $61,736Average earning assets
  • $4,803Average equity
  • $53,567Average loans

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