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

City National Bank - Overview

  • General
  • FDIC Certificate #: 24367
    Status: Active
    Federal Reserve ID: 697950
    Bank Holding Company (Regulatory Top Holder): City Bancshares, Inc. (RSSDID: 3218543, Location: Corsicana, TX)
    Date Established: Febuary 28, 1983
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 16960
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: Febuary 28, 1983
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 1465 West Second Avenue, Corsicana, TX 75110
    County: Navarro
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Dallas
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Core Based Statistical Area (CBSA): Corsicana, TX (#18620)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $43.3 mil
    Equity capital: $4.4 mil
    Deposits held in domestic offices: $38.7 mil
    Return on assets (ROA): 0.66% ($0.3 mil)
    Quarterly return on assets: 0.10% ($0.0 mil)
    Return on Equity (ROE): 6.44% ($0.3 mil)
    Quarterly return on equity: 1.00% ($0.0 mil)
    Net income: $0.3 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 0.66% ($285.9 mil)
    Quarterly Pretax return on assets: 0.10% ($43.3 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, 2011)

  • Dollar figures in thousands
  • 21Total employees (full-time equivalent)
  • $43,312Total assets
  • $14,463Cash and due from depository institutions
  • $12,295Interest-bearing balances
  • $2,529Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $23,842Net loans & leases
  • $379Loan loss allowance
  • $0Trading account assets
  • $882Bank premises and fixed assets
  • $92Other real estate owned
  • $0Goodwill and other intangibles
  • $43,312Life insurance assets
  • $1,504All other assets
  • $38,942Total liabilities and capital
  • $38,675Total liabilities
  • $28,706Total deposits
  • $38,675Interest-bearing deposits
  • $99Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $267Subordinated debt
  • $4,370All other liabilities
  • $4,370Total equity capital
  • $4,370Total bank equity capital
  • $0Perpetual preferred stock
  • $1,212Common stock
  • $1,212Surplus
  • $1,946Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $268Income earned, not collected on loans
  • $0Earning assets
  • $157Long-term assets (5+ years)
  • $38,666Average Assets, year-to-date
  • $9,668Average Assets, quarterly
  • $43,743Volatile liabilities
  • $44,054Insider loans
  • $19,480FHLB advances
  • $43,954Loans and leases held for sale
  • $975Unused loan commitments
  • $975Tier 1 (core) risk-based capital
  • $4,234Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,539Restructured Loans and leases
  • $272Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,993Total interest income
  • $180Total interest expense
  • $1,813Net interest income
  • $35Provision for loan and lease losses
  • $312Total noninterest income
  • $0Fiduciary activities
  • $246Service charges on deposit accounts
  • $0Trading account gains & fees
  • $66Additional noninterest income
  • $1,803Total noninterest expense
  • $860Salaries and employee benefits
  • $233Premises and equipment expense
  • $710Additional noninterest expense
  • $287Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $287Income before extraordinary items
  • $0Extraordinary gains - net
  • $287Net income attributable to bank
  • $0Net charge-offs
  • $287Cash dividends
  • $28Sale, conversion, retirement of capital stock, net
  • $329Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.03%Yield on earning assets
  • 0.45%Cost of funding earning assets
  • 4.57%Net interest margin
  • 0.79%Noninterest income to earning assets
  • 4.55%Noninterest expense to earning assets
  • 0.66%Net operating income to assets
  • 0.66%Return on assets (ROA)
  • 0.66%Pretax return on assets
  • 6.44%Return on equity (ROE)
  • -0.94%Retained earnings to average equity (YTD only)
  • 0.11%Net charge-offs to loans
  • 125.00%Credit loss provision to net charge-offs
  • 11.50%Efficiency ratio
  • 84,847Assets per employee
  • 2.06%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 114.63%Loss allowance to loans
  • 1.56%Loss allowance to noncurrent loans
  • 141.42%Noncurrent assets plus other real estate owned to assets
  • 0.83%Noncurrent loans to loans
  • 1.11%Net loans and leases to deposits
  • 61.65%Net loans and leases to core deposits
  • 62.71%Equity capital to assets
  • 10.09%Core capital (leverage) ratio
  • 9.63%Tier 1 risk-based capital ratio
  • 21.74%Total risk-based capital ratio
  • Memoranda
  • $23Average assets
  • $43,743Average earning assets
  • $4,459Average equity
  • $39,653Average loans

List of branches

  • 1 Texas Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    016960City National Bank1465 West Second Avenue, Corsicana, TX 75110Febuary 28, 1983Full Service Brick and Mortar

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