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

This bank is inactive as of June 26, 2001

  • Citizens National Bank of Childress in Childress, Texas (TX)
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Citizens National Bank of Childress - Overview

  • General
  • FDIC Certificate #: 34633
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First National Bank of Borger (#34635)
    Federal Reserve ID: 2603106
    Date Established: December 04, 1997
    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)
    FDIC's unique #: 60856
    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: December 04, 1997
    Last Structure Change Effective Date: June 26, 2001
    Last Structure Change Process Date: August 02, 2001
    Last Data Update: August 02, 2001
    Data Source Date: April 05, 2012
  • Location
  • Address: 501 Avenue F, N.W., Childress, TX 79201
    County: Childress
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Lubbock
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
  • Financial Summary
  • Total assets: $21.2 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, 2000)

  • Dollar figures in thousands
  • 12Total employees (full-time equivalent)
  • $20,880Total assets
  • $1,254Cash and due from depository institutions
  • $0Interest-bearing balances
  • $590Securities
  • $325Federal funds sold & reverse repurchase agreements
  • $16,979Net loans & leases
  • $270Loan loss allowance
  • $0Trading account assets
  • $761Bank premises and fixed assets
  • $13Other real estate owned
  • $437Goodwill and other intangibles
  • $0Life insurance assets
  • $519All other assets
  • $20,880Total liabilities and capital
  • $18,343Total liabilities
  • $18,264Total deposits
  • $14,729Interest-bearing deposits
  • $18,264Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $79All other liabilities
  • $2,537Total equity capital
  • $2,537Total bank equity capital
  • $2,537Perpetual preferred stock
  • $0Common stock
  • $1,000Surplus
  • $1,470Undivided profits
  • Memoranda
  • $67Noncurrent loans and leases
  • $5,198Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $48Earning assets
  • $0Long-term assets (5+ years)
  • $476Average Assets, year-to-date
  • $17,894Average Assets, quarterly
  • $893Volatile liabilities
  • $21,322Insider loans
  • $21,012FHLB advances
  • $2,496Loans and leases held for sale
  • $937Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $5,198Total unused commitments
  • $0Restructured Loans and leases
  • $232Derivatives

Income and Expense (December 31, 2000)

  • Dollar figures in thousands
  • $1,820Total interest income
  • $576Total interest expense
  • $1,244Net interest income
  • $95Provision for loan and lease losses
  • $321Total noninterest income
  • $0Fiduciary activities
  • $306Service charges on deposit accounts
  • $0Trading account gains & fees
  • $15Additional noninterest income
  • $861Total noninterest expense
  • $342Salaries and employee benefits
  • $121Premises and equipment expense
  • $398Additional noninterest expense
  • $609Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $609Income before extraordinary items
  • $0Extraordinary gains - net
  • $609Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $78Sale, conversion, retirement of capital stock, net
  • $836Net operating income

Performance and Condition Ratios (December 31, 2000)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 9.78%Yield on earning assets
  • 3.09%Cost of funding earning assets
  • 6.68%Net interest margin
  • 1.72%Noninterest income to earning assets
  • 4.63%Noninterest expense to earning assets
  • 2.86%Net operating income to assets
  • 2.86%Return on assets (ROA)
  • 2.86%Pretax return on assets
  • 23.14%Return on equity (ROE)
  • -8.63%Retained earnings to average equity (YTD only)
  • 0.45%Net charge-offs to loans
  • 121.79%Credit loss provision to net charge-offs
  • 9.03%Efficiency ratio
  • 52,013Assets per employee
  • 1.74%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 137.27%Loss allowance to loans
  • 1.57%Loss allowance to noncurrent loans
  • 562.50%Noncurrent assets plus other real estate owned to assets
  • 0.29%Noncurrent loans to loans
  • 0.28%Net loans and leases to deposits
  • 92.96%Net loans and leases to core deposits
  • 107.68%Equity capital to assets
  • 12.15%Core capital (leverage) ratio
  • 10.13%Tier 1 risk-based capital ratio
  • 11.33%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $21,322Average earning assets
  • $2,632Average equity
  • $18,614Average loans

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