First Bank & Trust of Clarendon in Clarendon, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 01, 1997

  • First Bank & Trust of Clarendon in Clarendon, Texas (TX)
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First Bank & Trust of Clarendon - Overview

  • General
  • FDIC Certificate #: 1180
    Status: Inactive
    Closing history: Change in Geographic Region/Area/Territory/Field Office
    Acquiring institution: Herring Bank (#5568)
    Federal Reserve ID: 857857
    Date Established: May 07, 1912
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 1 (Interstate: No)
    FDIC's unique #: 809
    Numeric code: 13
    Regulator: FED
    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: January 01, 1934
    Last Structure Change Effective Date: October 01, 1997
    Last Structure Change Process Date: January 06, 1998
    Last Data Update: January 06, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 123 South Kearney Street, Clarendon, TX 79226
    County: Donley
    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
  • History of Changes
  • Merger - Without Assistance
    Change in Geographic Region/Area/Territory/Field Office
  • Financial Summary
  • Total assets: $31.9 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $13Total assets
  • $32,429Cash and due from depository institutions
  • $1,297Interest-bearing balances
  • $0Securities
  • $18,262Federal funds sold & reverse repurchase agreements
  • $1,085Net loans & leases
  • $10,734Loan loss allowance
  • $492Trading account assets
  • $0Bank premises and fixed assets
  • $410Other real estate owned
  • $0Goodwill and other intangibles
  • $596Life insurance assets
  • $45All other assets
  • $0Total liabilities and capital
  • $32,429Total liabilities
  • $29,640Total deposits
  • $29,186Interest-bearing deposits
  • $24,887Deposits held in domestic offices
  • 29186.00%% insured (estimated)
  • $89Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $454Total equity capital
  • $454Total bank equity capital
  • $2,789Perpetual preferred stock
  • $0Common stock
  • $250Surplus
  • $2,471Undivided profits
  • Memoranda
  • $68Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $392Income earned, not collected on loans
  • $306Earning assets
  • $30,081Long-term assets (5+ years)
  • $4,414Average Assets, year-to-date
  • $32,812Average Assets, quarterly
  • $31,985Volatile liabilities
  • $4,610Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $1,128Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $2,676Total risk weighted assets
  • $12,743Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $2,436Total interest expense
  • $1,116Net interest income
  • $1,320Provision for loan and lease losses
  • $5Total noninterest income
  • $171Fiduciary activities
  • $0Service charges on deposit accounts
  • $115Trading account gains & fees
  • $0Additional noninterest income
  • $56Total noninterest expense
  • $886Salaries and employee benefits
  • $453Premises and equipment expense
  • $69Additional noninterest expense
  • $364Pre-tax net operating income
  • $600Securities gains (losses)
  • $14Applicable income taxes
  • $208Income before extraordinary items
  • $406Extraordinary gains - net
  • $0Net income attributable to bank
  • $406Net charge-offs
  • $13Cash dividends
  • $497Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.01%Cost of funding earning assets
  • 3.67%Net interest margin
  • 4.34%Noninterest income to earning assets
  • 0.56%Noninterest expense to earning assets
  • 2.91%Net operating income to assets
  • 1.21%Return on assets (ROA)
  • 1.24%Pretax return on assets
  • 1.87%Return on equity (ROE)
  • 13.99%Retained earnings to average equity (YTD only)
  • -3.14%Net charge-offs to loans
  • 0.12%Credit loss provision to net charge-offs
  • 38.46%Efficiency ratio
  • 59,155Assets per employee
  • 2.49%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 122.41%Loss allowance to loans
  • 4.38%Loss allowance to noncurrent loans
  • 125.51%Noncurrent assets plus other real estate owned to assets
  • 1.21%Noncurrent loans to loans
  • 3.49%Net loans and leases to deposits
  • 36.78%Net loans and leases to core deposits
  • 43.68%Equity capital to assets
  • 8.60%Core capital (leverage) ratio
  • 8.25%Tier 1 risk-based capital ratio
  • 21.00%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $32,812Average earning assets
  • $2,902Average equity
  • $30,419Average loans

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