First American Bank, National Association in Sulphur Springs, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 01, 1999

  • First American Bank, National Association in Sulphur Springs, Texas (TX)
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First American Bank, National Association - Overview

  • General
  • FDIC Certificate #: 19014
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Guaranty Bond Bank (#1208)
    Federal Reserve ID: 463061
    Date Established: January 24, 1964
    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)
    OTS Docket #: 10070
    FDIC's unique #: 12855
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: January 24, 1964
    Last Structure Change Effective Date: September 01, 1999
    Last Structure Change Process Date: September 23, 1999
    Last Data Update: September 23, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 919 Gilmer Street, Sulphur Springs, TX 75482
    County: Hopkins
    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): Sulphur Springs, TX (#44860)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $61.6 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
  • 41Total employees (full-time equivalent)
  • $61,898Total assets
  • $3,012Cash and due from depository institutions
  • $793Interest-bearing balances
  • $17,178Securities
  • $1,395Federal funds sold & reverse repurchase agreements
  • $37,580Net loans & leases
  • $479Loan loss allowance
  • $0Trading account assets
  • $989Bank premises and fixed assets
  • $12Other real estate owned
  • $381Goodwill and other intangibles
  • $0Life insurance assets
  • $1,351All other assets
  • $61,898Total liabilities and capital
  • $57,570Total liabilities
  • $56,178Total deposits
  • $47,121Interest-bearing deposits
  • $56,178Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $1,000Other borrowed funds
  • $100Subordinated debt
  • $292All other liabilities
  • $4,328Total equity capital
  • $4,328Total bank equity capital
  • $4,328Perpetual preferred stock
  • $0Common stock
  • $240Surplus
  • $1,427Undivided profits
  • Memoranda
  • $2,661Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $354Earning assets
  • $0Long-term assets (5+ years)
  • $328Average Assets, year-to-date
  • $56,946Average Assets, quarterly
  • $22,744Volatile liabilities
  • $63,528Insider loans
  • $62,431FHLB advances
  • $9,299Loans and leases held for sale
  • $715Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $4,466Total unused commitments
  • $0Restructured Loans and leases
  • $40,340Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $4,855Total interest income
  • $2,425Total interest expense
  • $2,430Net interest income
  • $112Provision for loan and lease losses
  • $861Total noninterest income
  • $0Fiduciary activities
  • $400Service charges on deposit accounts
  • $0Trading account gains & fees
  • $461Additional noninterest income
  • $2,826Total noninterest expense
  • $1,392Salaries and employee benefits
  • $337Premises and equipment expense
  • $1,097Additional noninterest expense
  • $353Pre-tax net operating income
  • $22Securities gains (losses)
  • $0Applicable income taxes
  • $375Income before extraordinary items
  • $0Extraordinary gains - net
  • $375Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $117Sale, conversion, retirement of capital stock, net
  • $48Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.31%Yield on earning assets
  • 4.15%Cost of funding earning assets
  • 4.16%Net interest margin
  • 1.47%Noninterest income to earning assets
  • 4.84%Noninterest expense to earning assets
  • 0.56%Net operating income to assets
  • 0.59%Return on assets (ROA)
  • 0.59%Pretax return on assets
  • 8.86%Return on equity (ROE)
  • 7.72%Retained earnings to average equity (YTD only)
  • 0.32%Net charge-offs to loans
  • 95.73%Credit loss provision to net charge-offs
  • 3.97%Efficiency ratio
  • 83,440Assets per employee
  • 1.51%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 12.80%Loss allowance to loans
  • 1.26%Loss allowance to noncurrent loans
  • 135.31%Noncurrent assets plus other real estate owned to assets
  • 0.59%Noncurrent loans to loans
  • 0.93%Net loans and leases to deposits
  • 66.89%Net loans and leases to core deposits
  • 78.49%Equity capital to assets
  • 6.99%Core capital (leverage) ratio
  • 6.76%Tier 1 risk-based capital ratio
  • 10.66%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $63,528Average earning assets
  • $4,234Average equity
  • $58,439Average loans

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