FDIC Certificate #: 14887 Status: Inactive Closing history: Consolidated - Without Assistance Acquiring institution:State National Bank of Texas (#3270) Federal Reserve ID: 599157 Date Established: December 11, 1931 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 9322 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: November 16, 1934 Last Structure Change Effective Date: May 13, 1999 Last Structure Change Process Date: June 04, 1999 Last Data Update: June 04, 1999 Data Source Date: April 05, 2012
Location
Address: 100 North Main Street, Electra, TX 76360 County: Wichita 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 Metropolitan Statistical Area (MSA): Wichita Falls, TX (#9080) Core Based Statistical Area (CBSA): Wichita Falls, TX (#48660) CBSA Metro Statistical Area: Wichita Falls, TX (#48660)
Financial Summary
Total assets: $34.8 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
14Total employees (full-time equivalent)
$35,852Total assets
$2,078Cash and due from depository institutions
$800Interest-bearing balances
$16,855Securities
$1,225Federal funds sold & reverse repurchase agreements
$14,777Net loans & leases
$260Loan loss allowance
$0Trading account assets
$339Bank premises and fixed assets
$67Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$511All other assets
$35,852Total liabilities and capital
$32,356Total liabilities
$31,662Total deposits
$27,828Interest-bearing deposits
$31,662Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$694All other liabilities
$3,496Total equity capital
$3,496Total bank equity capital
$3,496Perpetual preferred stock
$0Common stock
$1,500Surplus
$1,500Undivided profits
Memoranda
$496Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$500Earning assets
$141Long-term assets (5+ years)
$200Average Assets, year-to-date
$33,657Average Assets, quarterly
$2,822Volatile liabilities
$36,623Insider loans
$35,669FHLB advances
$7,090Loans and leases held for sale
$1,856Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,437Total unused commitments
$0Restructured Loans and leases
$19,165Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$2,664Total interest income
$1,221Total interest expense
$1,443Net interest income
$60Provision for loan and lease losses
$145Total noninterest income
$0Fiduciary activities
$119Service charges on deposit accounts
$0Trading account gains & fees
$26Additional noninterest income
$740Total noninterest expense
$431Salaries and employee benefits
$108Premises and equipment expense
$201Additional noninterest expense
$788Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$788Income before extraordinary items
$0Extraordinary gains - net
$788Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$3Sale, conversion, retirement of capital stock, net
$772Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.76%Yield on earning assets
3.55%Cost of funding earning assets
4.20%Net interest margin
0.42%Noninterest income to earning assets
2.15%Noninterest expense to earning assets
2.15%Net operating income to assets
2.15%Return on assets (ROA)
2.15%Pretax return on assets
21.96%Return on equity (ROE)
0.45%Retained earnings to average equity (YTD only)
0.02%Net charge-offs to loans
2000.00%Credit loss provision to net charge-offs
282.67%Efficiency ratio
46,599Assets per employee
2.56%Cash dividends to net income (YTD only)
Condition Ratios (%)
97.97%Loss allowance to loans
1.73%Loss allowance to noncurrent loans
52.00%Noncurrent assets plus other real estate owned to assets
1.58%Noncurrent loans to loans
3.33%Net loans and leases to deposits
46.67%Net loans and leases to core deposits
60.14%Equity capital to assets
9.75%Core capital (leverage) ratio
9.71%Tier 1 risk-based capital ratio
18.24%Total risk-based capital ratio
Memoranda
$19Average assets
$36,623Average earning assets
$3,588Average equity
$34,347Average loans
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