Community National Bank in Midland, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches


Community National Bank - Overview

  • General
  • FDIC Certificate #: 24897
    Status: Active
    Federal Reserve ID: 293053
    Bank Holding Company (Regulatory Top Holder): Midland Bancshares, Inc. (RSSDID: 2868950, Location: Midland, TX)
    Date Established: January 03, 1984
    WWW: http://www.cnbtx.net
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 11 (Domestic: 11, Interstate: No)
    FDIC's unique #: 17260
    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: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 03, 1984
    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: 401 W. Texas Avenue, Midland, TX 79701
    County: Midland
    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
    Metropolitan Statistical Area (MSA): Odessa-Midland, TX (#5800)
    Combined Statistical Area (CSA): Midland-Odessa, TX (#372)
    Core Based Statistical Area (CBSA): Midland, TX (#33260)
    CBSA Metro Statistical Area: Midland, TX (#33260)
  • History of Changes
  • Change in Geographic Region/Area/Territory/Field Office
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $808.7 mil
    Equity capital: $67.3 mil
    Deposits held in domestic offices: $739.3 mil
    Return on assets (ROA): 0.97% ($7.8 mil)
    Quarterly return on assets: 0.97% ($7.8 mil)
    Return on Equity (ROE): 10.63% ($7.1 mil)
    Quarterly return on equity: 11.29% ($7.6 mil)
    Net income: $6.9 mil
    Quarterly Net income: $1.9 mil
    Pretax return on assets: 1.47% ($11,888.5 mil)
    Quarterly Pretax return on assets: 1.47% ($11,888.5 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
  • 186Total employees (full-time equivalent)
  • $808,740Total assets
  • $185,522Cash and due from depository institutions
  • $165,762Interest-bearing balances
  • $171,467Securities
  • $10,000Federal funds sold & reverse repurchase agreements
  • $412,493Net loans & leases
  • $5,860Loan loss allowance
  • $0Trading account assets
  • $7,660Bank premises and fixed assets
  • $0Other real estate owned
  • $15,251Goodwill and other intangibles
  • $808,740Life insurance assets
  • $6,347All other assets
  • $741,429Total liabilities and capital
  • $739,274Total liabilities
  • $377,259Total deposits
  • $739,274Interest-bearing deposits
  • $79Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $2,155Subordinated debt
  • $67,311All other liabilities
  • $67,311Total equity capital
  • $67,311Total bank equity capital
  • $0Perpetual preferred stock
  • $1,750Common stock
  • $35,375Surplus
  • $30,186Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $4,181Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $367Income earned, not collected on loans
  • $0Earning assets
  • $2,725Long-term assets (5+ years)
  • $759,722Average Assets, year-to-date
  • $34,325Average Assets, quarterly
  • $706,813Volatile liabilities
  • $775,179Insider loans
  • $523,249FHLB advances
  • $741,745Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $53,368Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $141,557Restructured Loans and leases
  • $16,881Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $25,829Total interest income
  • $852Total interest expense
  • $24,977Net interest income
  • $923Provision for loan and lease losses
  • $3,719Total noninterest income
  • $0Fiduciary activities
  • $1,158Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,561Additional noninterest income
  • $17,416Total noninterest expense
  • $9,377Salaries and employee benefits
  • $2,549Premises and equipment expense
  • $5,490Additional noninterest expense
  • $10,357Pre-tax net operating income
  • $0Securities gains (losses)
  • $3,492Applicable income taxes
  • $6,865Income before extraordinary items
  • $0Extraordinary gains - net
  • $6,865Net income attributable to bank
  • $0Net charge-offs
  • $6,865Cash dividends
  • $570Sale, conversion, retirement of capital stock, net
  • $1,470Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.91%Yield on earning assets
  • 0.13%Cost of funding earning assets
  • 3.78%Net interest margin
  • 0.56%Noninterest income to earning assets
  • 2.64%Noninterest expense to earning assets
  • 0.97%Net operating income to assets
  • 0.97%Return on assets (ROA)
  • 1.47%Pretax return on assets
  • 10.63%Return on equity (ROE)
  • 8.36%Retained earnings to average equity (YTD only)
  • 0.15%Net charge-offs to loans
  • 161.93%Credit loss provision to net charge-offs
  • 19.79%Efficiency ratio
  • 60,319Assets per employee
  • 4.35%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 21.41%Loss allowance to loans
  • 1.40%Loss allowance to noncurrent loans
  • 1596.73%Noncurrent assets plus other real estate owned to assets
  • 0.05%Noncurrent loans to loans
  • 0.09%Net loans and leases to deposits
  • 55.80%Net loans and leases to core deposits
  • 57.65%Equity capital to assets
  • 8.32%Core capital (leverage) ratio
  • 7.19%Tier 1 risk-based capital ratio
  • 10.20%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $706,813Average earning assets
  • $64,552Average equity
  • $660,149Average loans

List of branches

  • 11 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    017260Community National Bank401 W. Texas Avenue, Midland, TX 79701January 03, 1984Full Service Brick and Mortar
    1257711San Miguel Branch3303 North Midkiff Street, Midland, TX 79707September 09, 1991Full Service Brick and Mortar
    2257712Midland Drive Branch1609 Midland Drive, Midland, TX 79703July 07, 1997Full Service Brick and Mortar
    4360959Northwest Branch4300 N. Midland Dr., Midland, TX 79705November 17, 2000Full Service Brick and Mortar
    516702Florida Street Branch601 E. Florida Street, Midland, TX 79701July 26, 1982Full Service Brick and Mortar
    6256819Avenue A Branch719 West Louisiana, Midland, TX 79701November 16, 1992Full Service Brick and Mortar
    7256821Cuthbert Branch3005 Cuthbert Avenue, Midland, TX 79701December 19, 1994Full Service Brick and Mortar
    8321231211 North Lamessa Branch1211 North Lamessa, Stanton, TX 79782Febuary 04, 1985Full Service Brick and Mortar
    11445515Odessa Branch619 N Grand Avenue, Suite 100, Odessa, TX 79761October 12, 2005Full Service Brick and Mortar
    12464049Plaza Oaks Branch2101 West Wadley, Suite 21, Midland, TX 79705May 11, 2007Full Service Brick and Mortar
    13492758Odessa East Branch2659 Jbs Parkway, Odessa, TX 79762November 20, 2008Full Service Brick and Mortar

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