Continental State Bank in Boyd, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 20, 1998

  • Continental State Bank in Boyd, Texas (TX)
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Continental State Bank - Overview

  • General
  • FDIC Certificate #: 15497
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Wells Fargo Bank Texas, National Association (#14533)
    Federal Reserve ID: 224758
    Date Established: April 24, 1909
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    FDIC's unique #: 9799
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: May 25, 1937
    Last Structure Change Effective Date: June 20, 1998
    Last Structure Change Process Date: July 09, 1998
    Last Data Update: July 09, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 201 West Rock Island, Boyd, TX 76023
    County: Wise
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Dallas
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Combined Statistical Area (CSA): Dallas-Fort Worth, TX (#206)
    Core Based Statistical Area (CBSA): Dallas-Fort Worth-Arlington, TX (#19100)
    CBSA Metro Statistical Area: Dallas-Fort Worth-Arlington, TX (#19100)
    Core Based Statistical Division: Fort Worth-Arlington, TX (#23104)
  • Financial Summary
  • Total assets: $140.4 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 58Total employees (full-time equivalent)
  • $139,061Total assets
  • $5,140Cash and due from depository institutions
  • $0Interest-bearing balances
  • $50,170Securities
  • $22,700Federal funds sold & reverse repurchase agreements
  • $48,327Net loans & leases
  • $1,137Loan loss allowance
  • $0Trading account assets
  • $663Bank premises and fixed assets
  • $123Other real estate owned
  • $9,630Goodwill and other intangibles
  • $0Life insurance assets
  • $2,308All other assets
  • $139,061Total liabilities and capital
  • $119,176Total liabilities
  • $115,857Total deposits
  • $102,366Interest-bearing deposits
  • $115,857Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $3,319All other liabilities
  • $19,885Total equity capital
  • $19,885Total bank equity capital
  • $19,885Perpetual preferred stock
  • $0Common stock
  • $150Surplus
  • $19,448Undivided profits
  • Memoranda
  • $287Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $114Earning assets
  • $0Long-term assets (5+ years)
  • $556Average Assets, year-to-date
  • $121,197Average Assets, quarterly
  • $780Volatile liabilities
  • $127,184Insider loans
  • $132,246FHLB advances
  • $15,510Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $2,053Total unused commitments
  • $0Restructured Loans and leases
  • $60,595Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $1,363Total interest income
  • $607Total interest expense
  • $756Net interest income
  • $0Provision for loan and lease losses
  • $128Total noninterest income
  • $0Fiduciary activities
  • $101Service charges on deposit accounts
  • $0Trading account gains & fees
  • $27Additional noninterest income
  • $518Total noninterest expense
  • $189Salaries and employee benefits
  • $90Premises and equipment expense
  • $239Additional noninterest expense
  • $366Pre-tax net operating income
  • $0Securities gains (losses)
  • $119Applicable income taxes
  • $247Income before extraordinary items
  • $0Extraordinary gains - net
  • $247Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $27Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 1.16%Yield on earning assets
  • 0.52%Cost of funding earning assets
  • 0.64%Net interest margin
  • 0.11%Noninterest income to earning assets
  • 0.44%Noninterest expense to earning assets
  • 0.19%Net operating income to assets
  • 0.19%Return on assets (ROA)
  • 0.29%Pretax return on assets
  • 1.78%Return on equity (ROE)
  • 1.78%Retained earnings to average equity (YTD only)
  • 0.05%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 13.56%Efficiency ratio
  • 52,489Assets per employee
  • 2.40%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.30%Loss allowance to noncurrent loans
  • 997.37%Noncurrent assets plus other real estate owned to assets
  • 0.17%Noncurrent loans to loans
  • 0.23%Net loans and leases to deposits
  • 41.71%Net loans and leases to core deposits
  • 48.16%Equity capital to assets
  • 14.30%Core capital (leverage) ratio
  • 7.89%Tier 1 risk-based capital ratio
  • 16.86%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $127,184Average earning assets
  • $13,910Average equity
  • $117,332Average loans

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