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
    WWW: http://www.cnbweslaco.com
    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

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