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

This bank is inactive as of October 30, 2009

  • Citizens National Bank in Teague, Texas (TX)
  • Show street view No street view available for this location

Citizens National Bank - Overview

  • General
  • FDIC Certificate #: 25222
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: U.S. Bank National Association (#6548)
    Federal Reserve ID: 353069
    Date Established: June 18, 1984
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Interstate: No)
    FDIC's unique #: 17440
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: June 18, 1984
    Last Structure Change Effective Date: October 30, 2009
    Last Structure Change Process Date: November 03, 2009
    Last Data Update: November 03, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 420 Main Street, Teague, TX 75860
    County: Freestone
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Dallas
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
  • History of Changes
  • Absorption - Assisted
    Corrections
  • Financial Summary
  • Total assets: $118.2 mil

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

2000 - 2011 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, 2008)

  • Dollar figures in thousands
  • 19Total employees (full-time equivalent)
  • $112,640Total assets
  • $1,364Cash and due from depository institutions
  • $33Interest-bearing balances
  • $2,726Securities
  • $9,175Federal funds sold & reverse repurchase agreements
  • $93,673Net loans & leases
  • $1,127Loan loss allowance
  • $0Trading account assets
  • $663Bank premises and fixed assets
  • $446Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $4,593All other assets
  • $112,640Total liabilities and capital
  • $103,733Total liabilities
  • $88,311Total deposits
  • $78,828Interest-bearing deposits
  • $88,311Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $15,000Other borrowed funds
  • $0Subordinated debt
  • $422All other liabilities
  • $8,907Total equity capital
  • $8,907Total bank equity capital
  • $8,907Perpetual preferred stock
  • $0Common stock
  • $750Surplus
  • $2,150Undivided profits
  • Memoranda
  • $6,007Noncurrent loans and leases
  • $740Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $753Earning assets
  • $0Long-term assets (5+ years)
  • $666Average Assets, year-to-date
  • $105,607Average Assets, quarterly
  • $44,300Volatile liabilities
  • $103,306Insider loans
  • $111,050FHLB advances
  • $55,336Loans and leases held for sale
  • $89Unused loan commitments
  • $15,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $740Total unused commitments
  • $0Restructured Loans and leases
  • $1,127Derivatives

Income and Expense (December 31, 2008)

  • Dollar figures in thousands
  • $7,443Total interest income
  • $2,347Total interest expense
  • $5,096Net interest income
  • $634Provision for loan and lease losses
  • $468Total noninterest income
  • $0Fiduciary activities
  • $178Service charges on deposit accounts
  • $182Trading account gains & fees
  • $108Additional noninterest income
  • $2,021Total noninterest expense
  • $984Salaries and employee benefits
  • $215Premises and equipment expense
  • $822Additional noninterest expense
  • $2,909Pre-tax net operating income
  • -$6,186Securities gains (losses)
  • -$1,148Applicable income taxes
  • -$2,129Income before extraordinary items
  • $0Extraordinary gains - net
  • -$2,129Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $156Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2008)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.69%Yield on earning assets
  • 2.42%Cost of funding earning assets
  • 5.27%Net interest margin
  • 0.48%Noninterest income to earning assets
  • 2.09%Noninterest expense to earning assets
  • 1.83%Net operating income to assets
  • -2.06%Return on assets (ROA)
  • -3.17%Pretax return on assets
  • -21.70%Return on equity (ROE)
  • -21.70%Retained earnings to average equity (YTD only)
  • 0.18%Net charge-offs to loans
  • 406.41%Credit loss provision to net charge-offs
  • 22.71%Efficiency ratio
  • 36,323Assets per employee
  • 5.93%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.19%Loss allowance to noncurrent loans
  • 149.67%Noncurrent assets plus other real estate owned to assets
  • 1.34%Noncurrent loans to loans
  • 0.79%Net loans and leases to deposits
  • 106.07%Net loans and leases to core deposits
  • 195.25%Equity capital to assets
  • 7.91%Core capital (leverage) ratio
  • 8.32%Tier 1 risk-based capital ratio
  • 9.37%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $103,306Average earning assets
  • $9,811Average equity
  • $96,789Average loans

Comment about this bank, ask questions, or add new information about it:

CAPTCHA

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Citizens National Bank.
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.
Table of Contents