City National Bank in Weslaco, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 19, 2005

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

City National Bank - Overview

  • General
  • FDIC Certificate #: 23178
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Inter National Bank (#25879)
    Federal Reserve ID: 289065
    Date Established: August 01, 1980
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 3 (Interstate: No)
    FDIC's unique #: 16239
    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: August 01, 1980
    Last Structure Change Effective Date: August 19, 2005
    Last Structure Change Process Date: September 22, 2005
    Last Data Update: September 22, 2005
    Data Source Date: April 05, 2012
  • Location
  • Address: 401 South Kansas, Weslaco, TX 78596
    County: Hidalgo
    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
    Metropolitan Statistical Area (MSA): McAllen-Edinburg-Mission, TX (#4880)
    Core Based Statistical Area (CBSA): McAllen-Edinburg-Mission, TX (#32580)
    CBSA Metro Statistical Area: McAllen-Edinburg-Mission, TX (#32580)
  • Financial Summary
  • Total assets: $62.0 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, 2004)

  • Dollar figures in thousands
  • 33Total employees (full-time equivalent)
  • $63,351Total assets
  • $3,360Cash and due from depository institutions
  • $697Interest-bearing balances
  • $12,399Securities
  • $1,400Federal funds sold & reverse repurchase agreements
  • $43,363Net loans & leases
  • $460Loan loss allowance
  • $0Trading account assets
  • $1,088Bank premises and fixed assets
  • $899Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $842All other assets
  • $63,351Total liabilities and capital
  • $57,484Total liabilities
  • $57,238Total deposits
  • $43,620Interest-bearing deposits
  • $57,238Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $81Other borrowed funds
  • $0Subordinated debt
  • $165All other liabilities
  • $5,867Total equity capital
  • $5,867Total bank equity capital
  • $5,867Perpetual preferred stock
  • $0Common stock
  • $1,108Surplus
  • $1,108Undivided profits
  • Memoranda
  • $3,651Noncurrent loans and leases
  • $3,526Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $424Earning assets
  • $0Long-term assets (5+ years)
  • $368Average Assets, year-to-date
  • $57,859Average Assets, quarterly
  • $5,097Volatile liabilities
  • $69,859Insider loans
  • $64,024FHLB advances
  • $12,882Loans and leases held for sale
  • $488Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $3,526Total unused commitments
  • $0Restructured Loans and leases
  • $460Derivatives

Income and Expense (December 31, 2004)

  • Dollar figures in thousands
  • $3,864Total interest income
  • $971Total interest expense
  • $2,893Net interest income
  • $701Provision for loan and lease losses
  • $1,080Total noninterest income
  • $0Fiduciary activities
  • $856Service charges on deposit accounts
  • $0Trading account gains & fees
  • $224Additional noninterest income
  • $2,958Total noninterest expense
  • $1,322Salaries and employee benefits
  • $384Premises and equipment expense
  • $1,252Additional noninterest expense
  • $314Pre-tax net operating income
  • -$141Securities gains (losses)
  • $0Applicable income taxes
  • $173Income before extraordinary items
  • $0Extraordinary gains - net
  • $173Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $817Sale, conversion, retirement of capital stock, net
  • $300Net operating income

Performance and Condition Ratios (December 31, 2004)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.11%Yield on earning assets
  • 1.54%Cost of funding earning assets
  • 4.58%Net interest margin
  • 1.71%Noninterest income to earning assets
  • 4.68%Noninterest expense to earning assets
  • 0.45%Net operating income to assets
  • 0.25%Return on assets (ROA)
  • 0.25%Pretax return on assets
  • 2.88%Return on equity (ROE)
  • -2.12%Retained earnings to average equity (YTD only)
  • 2.09%Net charge-offs to loans
  • 85.80%Credit loss provision to net charge-offs
  • 1.24%Efficiency ratio
  • 74,453Assets per employee
  • 1.92%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 173.41%Loss allowance to loans
  • 1.05%Loss allowance to noncurrent loans
  • 108.49%Noncurrent assets plus other real estate owned to assets
  • 2.09%Noncurrent loans to loans
  • 0.97%Net loans and leases to deposits
  • 75.76%Net loans and leases to core deposits
  • 97.58%Equity capital to assets
  • 9.26%Core capital (leverage) ratio
  • 9.03%Tier 1 risk-based capital ratio
  • 13.05%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $69,859Average earning assets
  • $6,004Average equity
  • $63,211Average 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 City National Bank.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents