First National Bank in Whitesboro, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 08, 1994

  • First National Bank in Whitesboro, Texas (TX)
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First National Bank - Overview

  • General
  • FDIC Certificate #: 25778
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: West Side Bank and Trust (#18915)
    Federal Reserve ID: 210966
    Date Established: October 19, 1984
    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 #: 17641
    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: October 19, 1984
    Last Structure Change Effective Date: December 08, 1994
    Last Structure Change Process Date: Febuary 02, 1995
    Last Data Update: Febuary 02, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 2500 Highway 82 West, Whitesboro, TX 76273
    County: Grayson
    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): Sherman-Denison, TX (#7640)
    Combined Statistical Area (CSA): Dallas-Fort Worth, TX (#206)
    Core Based Statistical Area (CBSA): Sherman-Denison, TX (#43300)
    CBSA Metro Statistical Area: Sherman-Denison, TX (#43300)
  • Financial Summary
  • Total assets: $42.8 mil

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

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $14Total assets
  • $42,866Cash and due from depository institutions
  • $1,768Interest-bearing balances
  • $597Securities
  • $13,908Federal funds sold & reverse repurchase agreements
  • $4,225Net loans & leases
  • $22,015Loan loss allowance
  • $236Trading account assets
  • $0Bank premises and fixed assets
  • $530Other real estate owned
  • $9Goodwill and other intangibles
  • $411Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $42,866Total liabilities
  • $38,903Total deposits
  • $38,649Interest-bearing deposits
  • $35,797Deposits held in domestic offices
  • 38649.00%% insured (estimated)
  • $85Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $254Total equity capital
  • $254Total bank equity capital
  • $3,963Perpetual preferred stock
  • $0Common stock
  • $1,000Surplus
  • $1,000Undivided profits
  • Memoranda
  • $1,963Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $5Income earned, not collected on loans
  • $193Earning assets
  • $40,745Long-term assets (5+ years)
  • $4,618Average Assets, year-to-date
  • $38,665Average Assets, quarterly
  • $42,967Volatile liabilities
  • $10,711Insider loans
  • $786FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $1,650Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $3,963Total risk weighted assets
  • $21,931Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $2,628Total interest expense
  • $1,100Net interest income
  • $1,528Provision for loan and lease losses
  • $0Total noninterest income
  • $205Fiduciary activities
  • $0Service charges on deposit accounts
  • $131Trading account gains & fees
  • $0Additional noninterest income
  • $74Total noninterest expense
  • $988Salaries and employee benefits
  • $491Premises and equipment expense
  • $125Additional noninterest expense
  • $372Pre-tax net operating income
  • $745Securities gains (losses)
  • $5Applicable income taxes
  • $178Income before extraordinary items
  • $572Extraordinary gains - net
  • $8Net income attributable to bank
  • $580Net charge-offs
  • -$10Cash dividends
  • $100Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.11%Cost of funding earning assets
  • 2.98%Net interest margin
  • 4.13%Noninterest income to earning assets
  • 0.55%Noninterest expense to earning assets
  • 2.67%Net operating income to assets
  • 1.47%Return on assets (ROA)
  • 1.50%Pretax return on assets
  • 1.96%Return on equity (ROE)
  • 15.47%Retained earnings to average equity (YTD only)
  • 12.80%Net charge-offs to loans
  • -0.05%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 57,011Assets per employee
  • 3.06%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 17.24%Loss allowance to loans
  • 1.06%Loss allowance to noncurrent loans
  • 4720.00%Noncurrent assets plus other real estate owned to assets
  • 0.03%Noncurrent loans to loans
  • 0.02%Net loans and leases to deposits
  • 56.96%Net loans and leases to core deposits
  • 78.80%Equity capital to assets
  • 9.25%Core capital (leverage) ratio
  • 9.27%Tier 1 risk-based capital ratio
  • 18.07%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $38,665Average earning assets
  • $3,749Average equity
  • $36,963Average loans

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