FDIC Certificate #: 24004 Status: Inactive Closing history: Consolidated - Without Assistance Acquiring institution:Continental National Bank (#21763) Federal Reserve ID: 2643894 Date Established: July 09, 1982 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Interstate: No) FDIC's unique #: 16740 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: July 09, 1982 Last Structure Change Effective Date: March 30, 1999 Last Structure Change Process Date: April 13, 1999 Last Data Update: April 13, 1999 Data Source Date: April 05, 2012
Location
Address: 810 East Broadway, Denver City, TX 79323 County: Yoakum 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
Financial Summary
Total assets: $0.8 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
0Total employees (full-time equivalent)
$788Total assets
$686Cash and due from depository institutions
$686Interest-bearing balances
$0Securities
$0Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$0Loan loss allowance
$0Trading account assets
$0Bank premises and fixed assets
$0Other real estate owned
$100Goodwill and other intangibles
$0Life insurance assets
$2All other assets
$788Total liabilities and capital
$1Total liabilities
$0Total deposits
$0Interest-bearing deposits
$0Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$1All other liabilities
$787Total equity capital
$787Total bank equity capital
$787Perpetual preferred stock
$0Common stock
$778Surplus
$0Undivided profits
Memoranda
$9Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$0Average Assets, year-to-date
$686Average Assets, quarterly
$0Volatile liabilities
$2,361Insider loans
$788FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$0Restructured Loans and leases
$139Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$23Total interest income
$0Total interest expense
$23Net interest income
$0Provision for loan and lease losses
$0Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$0Additional noninterest income
$7Total noninterest expense
$0Salaries and employee benefits
$0Premises and equipment expense
$7Additional noninterest expense
$16Pre-tax net operating income
$0Securities gains (losses)
$7Applicable income taxes
$9Income before extraordinary items
$0Extraordinary gains - net
$9Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
1.21%Yield on earning assets
0.00%Cost of funding earning assets
1.21%Net interest margin
0.00%Noninterest income to earning assets
0.37%Noninterest expense to earning assets
0.38%Net operating income to assets
0.38%Return on assets (ROA)
0.68%Pretax return on assets
1.22%Return on equity (ROE)
1.22%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
8,696Assets per employee
0.00%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.00%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
0.00%Net loans and leases to core deposits
0.00%Equity capital to assets
99.87%Core capital (leverage) ratio
98.71%Tier 1 risk-based capital ratio
493.53%Total risk-based capital ratio
Memoranda
$494Average assets
$2,361Average earning assets
$740Average equity
$1,896Average loans
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