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

This bank is inactive as of December 05, 1997

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

  • General
  • FDIC Certificate #: 3233
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First State Bank of Texas (#10348)
    Federal Reserve ID: 335953
    Date Established: October 29, 1919
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 3 (Interstate: No)
    OTS Docket #: 9789
    FDIC's unique #: 2086
    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: January 01, 1934
    Last Structure Change Effective Date: December 05, 1997
    Last Structure Change Process Date: December 31, 1997
    Last Data Update: December 31, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 1400 South Main Street, Grapevine, TX 76051
    County: Tarrant
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Dallas
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Fort Worth-Arlington, TX (#2800)
    Consolidated Metropolitan Statistical Area (CMSA): Dallas-Fort Worth, TX (#31)
    Combined Statistical Area (CSA): Dallas-Fort Worth, TX (#206)
    Core Based Statistical Area (CBSA): Dallas-Fort Worth-Arlington, TX (#19100)
    CBSA Metro Statistical Area: Dallas-Fort Worth-Arlington, TX (#19100)
    Core Based Statistical Division: Fort Worth-Arlington, TX (#23104)
  • Financial Summary
  • Total assets: $227.2 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)
  • $107Total assets
  • $216,194Cash and due from depository institutions
  • $21,923Interest-bearing balances
  • $1,554Securities
  • $105,534Federal funds sold & reverse repurchase agreements
  • $3,035Net loans & leases
  • $73,186Loan loss allowance
  • $1,099Trading account assets
  • $0Bank premises and fixed assets
  • $7,241Other real estate owned
  • $0Goodwill and other intangibles
  • $1,761Life insurance assets
  • $3,514All other assets
  • $0Total liabilities and capital
  • $216,194Total liabilities
  • $197,702Total deposits
  • $193,482Interest-bearing deposits
  • $131,864Deposits held in domestic offices
  • 193482.00%% insured (estimated)
  • $80Federal funds purchased & repurchase agreements
  • $2,712Trading liabilities
  • $0Other borrowed funds
  • $2Subordinated debt
  • $0All other liabilities
  • $1,506Total equity capital
  • $1,506Total bank equity capital
  • $18,492Perpetual preferred stock
  • $0Common stock
  • $1,000Surplus
  • $16,078Undivided profits
  • Memoranda
  • $1,414Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $82Income earned, not collected on loans
  • $391Earning assets
  • $183,309Long-term assets (5+ years)
  • $59,545Average Assets, year-to-date
  • $203,704Average Assets, quarterly
  • $206,854Volatile liabilities
  • $18,926Insider loans
  • $3,058FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $20,845Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $15,267Total risk weighted assets
  • $103,399Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $12,745Total interest expense
  • $4,359Net interest income
  • $8,386Provision for loan and lease losses
  • $120Total noninterest income
  • $3,117Fiduciary activities
  • $0Service charges on deposit accounts
  • $2,373Trading account gains & fees
  • $0Additional noninterest income
  • $744Total noninterest expense
  • $7,450Salaries and employee benefits
  • $3,058Premises and equipment expense
  • $941Additional noninterest expense
  • $3,451Pre-tax net operating income
  • $3,933Securities gains (losses)
  • $0Applicable income taxes
  • $1,123Income before extraordinary items
  • $2,810Extraordinary gains - net
  • $0Net income attributable to bank
  • $2,810Net charge-offs
  • $118Cash dividends
  • $2,890Sale, 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
  • 7.29%Cost of funding earning assets
  • 2.49%Net interest margin
  • 4.80%Noninterest income to earning assets
  • 1.78%Noninterest expense to earning assets
  • 4.26%Net operating income to assets
  • 1.38%Return on assets (ROA)
  • 1.38%Pretax return on assets
  • 1.93%Return on equity (ROE)
  • 15.33%Retained earnings to average equity (YTD only)
  • -0.44%Net charge-offs to loans
  • 0.18%Credit loss provision to net charge-offs
  • 101.69%Efficiency ratio
  • 60,462Assets per employee
  • 2.02%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 102.85%Loss allowance to loans
  • 1.48%Loss allowance to noncurrent loans
  • 1340.24%Noncurrent assets plus other real estate owned to assets
  • 0.04%Noncurrent loans to loans
  • 0.11%Net loans and leases to deposits
  • 37.83%Net loans and leases to core deposits
  • 41.29%Equity capital to assets
  • 8.55%Core capital (leverage) ratio
  • 7.65%Tier 1 risk-based capital ratio
  • 14.77%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $203,704Average earning assets
  • $18,329Average equity
  • $174,712Average loans

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