First National Bank of Monahans in city_name, state_name - Detailed Financial Reports, Location

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

General
FDIC Certificate #: 16770
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Security Bank (#13408)
Federal Reserve ID: 168366
Date Established: March 01, 1949
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 4 (Interstate: No)
FDIC's unique #: 10882
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
State Chartered: No
Date of Deposit Insurance: March 01, 1949
Last Structure Change Effective Date: Febuary 21, 2009
Last Structure Change Process Date: March 03, 2009
Last Data Update: March 03, 2009
Data Source Date: April 05, 2012
Location
Address: 307 South Main Street, Monahans, TX 79756
County: Ward
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: $228.7 mil

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

2000 - 2011 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, 2008)

Dollar figures in thousands
58Total employees (full-time equivalent)
$228,663Total assets
$6,692Cash and due from depository institutions
$210Interest-bearing balances
$27,578Securities
$0Federal funds sold & reverse repurchase agreements
$149,505Net loans & leases
$2,014Loan loss allowance
$0Trading account assets
$8,435Bank premises and fixed assets
$1,078Other real estate owned
$26,264Goodwill and other intangibles
$6,552Life insurance assets
$9,111All other assets
$228,663Total liabilities and capital
$179,925Total liabilities
$177,627Total deposits
$127,801Interest-bearing deposits
$177,627Deposits held in domestic offices
0.00%% insured (estimated)
$1,000Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$1,298All other liabilities
$48,738Total equity capital
$48,738Total bank equity capital
$48,738Perpetual preferred stock
$0Common stock
$240Surplus
$35,469Undivided profits
Memoranda
$13,029Noncurrent loans and leases
$20,333Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$4,757Earning assets
$612Long-term assets (5+ years)
$1,069Average Assets, year-to-date
$177,293Average Assets, quarterly
$37,885Volatile liabilities
$237,211Insider loans
$227,087FHLB advances
$55,680Loans and leases held for sale
$3,093Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$20,333Total unused commitments
$0Restructured Loans and leases
$1,968Derivatives

Income and Expense (December 31, 2008)

Dollar figures in thousands
$13,574Total interest income
$5,073Total interest expense
$8,501Net interest income
$1,501Provision for loan and lease losses
$2,229Total noninterest income
$0Fiduciary activities
$876Service charges on deposit accounts
$0Trading account gains & fees
$1,353Additional noninterest income
$9,739Total noninterest expense
$5,161Salaries and employee benefits
$1,424Premises and equipment expense
$3,154Additional noninterest expense
-$510Pre-tax net operating income
$89Securities gains (losses)
$0Applicable income taxes
-$421Income before extraordinary items
$0Extraordinary gains - net
-$421Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$1,940Sale, conversion, retirement of capital stock, net
$1,607Net operating income

Performance and Condition Ratios (December 31, 2008)

Dollar figures in thousands
Performance Ratios (%, annualized)
6.67%Yield on earning assets
2.49%Cost of funding earning assets
4.17%Net interest margin
1.09%Noninterest income to earning assets
4.78%Noninterest expense to earning assets
-0.21%Net operating income to assets
-0.18%Return on assets (ROA)
-0.18%Pretax return on assets
-1.45%Return on equity (ROE)
-6.99%Retained earnings to average equity (YTD only)
1.20%Net charge-offs to loans
77.37%Credit loss provision to net charge-offs
0.51%Efficiency ratio
90,764Assets per employee
3.94%Cash dividends to net income (YTD only)
Condition Ratios (%)
-381.71%Loss allowance to loans
1.33%Loss allowance to noncurrent loans
42.34%Noncurrent assets plus other real estate owned to assets
2.55%Noncurrent loans to loans
3.14%Net loans and leases to deposits
84.17%Net loans and leases to core deposits
121.60%Equity capital to assets
21.31%Core capital (leverage) ratio
9.84%Tier 1 risk-based capital ratio
13.26%Total risk-based capital ratio
Memoranda
$15Average assets
$237,211Average earning assets
$29,012Average equity
$203,644Average loans

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

First National Bank of Monahans - Overview

Assets and Liabilities (December 31, 2008)

Income and Expense (December 31, 2008)

Performance and Condition Ratios (December 31, 2008)

Comment about this bank, ask questions, or add new information about it:

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

First National Bank of Monahans - Overview

Assets and Liabilities (December 31, 2008)

Income and Expense (December 31, 2008)

Performance and Condition Ratios (December 31, 2008)

Comment about this bank, ask questions, or add new information about it:

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