Extraco Banks, National Association in Waco, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 21, 1999

Extraco Banks, National Association in Waco, Texas (TX)
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Extraco Banks, National Association - Overview

General
FDIC Certificate #: 25889
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Extraco Banks, National Association (#5551)
Federal Reserve ID: 279963
Date Established: Febuary 05, 1985
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 2 (Interstate: No)
FDIC's unique #: 32132
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: Febuary 05, 1985
Last Structure Change Effective Date: May 21, 1999
Last Structure Change Process Date: June 08, 1999
Last Data Update: June 08, 1999
Data Source Date: April 05, 2012
Location
Address: 1700 North Valley Mills, Waco, TX 76710
County: Mclennan
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): Waco, TX (#8800)
Core Based Statistical Area (CBSA): Waco, TX (#47380)
CBSA Metro Statistical Area: Waco, TX (#47380)
Financial Summary
Total assets: $114.3 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
38Total employees (full-time equivalent)
$109,017Total assets
$6,470Cash and due from depository institutions
$0Interest-bearing balances
$7,818Securities
$20,390Federal funds sold & reverse repurchase agreements
$70,696Net loans & leases
$2,042Loan loss allowance
$0Trading account assets
$2,192Bank premises and fixed assets
$30Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,421All other assets
$109,017Total liabilities and capital
$101,010Total liabilities
$94,540Total deposits
$70,919Interest-bearing deposits
$94,540Deposits held in domestic offices
0.00%% insured (estimated)
$6,009Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$461All other liabilities
$8,007Total equity capital
$8,007Total bank equity capital
$8,007Perpetual preferred stock
$0Common stock
$800Surplus
$3,600Undivided profits
Memoranda
$3,607Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$609Earning assets
$0Long-term assets (5+ years)
$410Average Assets, year-to-date
$98,904Average Assets, quarterly
$5,480Volatile liabilities
$112,251Insider loans
$111,363FHLB advances
$19,163Loans and leases held for sale
$325Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$15,858Total unused commitments
$0Restructured Loans and leases
$74,312Derivatives

Income and Expense (December 31, 1998)

Dollar figures in thousands
$8,614Total interest income
$3,986Total interest expense
$4,628Net interest income
$873Provision for loan and lease losses
$1,342Total noninterest income
$0Fiduciary activities
$982Service charges on deposit accounts
$0Trading account gains & fees
$360Additional noninterest income
$4,640Total noninterest expense
$1,548Salaries and employee benefits
$756Premises and equipment expense
$2,336Additional noninterest expense
$457Pre-tax net operating income
$0Securities gains (losses)
$166Applicable income taxes
$291Income before extraordinary items
$0Extraordinary gains - net
$291Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$967Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1998)

Dollar figures in thousands
Performance Ratios (%, annualized)
8.35%Yield on earning assets
3.87%Cost of funding earning assets
4.49%Net interest margin
1.30%Noninterest income to earning assets
4.50%Noninterest expense to earning assets
0.26%Net operating income to assets
0.26%Return on assets (ROA)
0.41%Pretax return on assets
3.72%Return on equity (ROE)
3.72%Retained earnings to average equity (YTD only)
1.25%Net charge-offs to loans
90.28%Credit loss provision to net charge-offs
1.38%Efficiency ratio
77,722Assets per employee
2.87%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.81%Loss allowance to noncurrent loans
335.30%Noncurrent assets plus other real estate owned to assets
0.59%Noncurrent loans to loans
0.84%Net loans and leases to deposits
74.78%Net loans and leases to core deposits
86.87%Equity capital to assets
7.34%Core capital (leverage) ratio
7.07%Tier 1 risk-based capital ratio
10.70%Total risk-based capital ratio
Memoranda
$12Average assets
$112,251Average earning assets
$7,815Average equity
$103,114Average loans

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