FDIC Certificate #: 26920 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:InterBank (#27210) Federal Reserve ID: 717867 Date Established: March 12, 1987 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 #: 36308 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 12, 1987 Last Structure Change Effective Date: December 31, 2010 Last Structure Change Process Date: January 04, 2011 Last Data Update: January 04, 2011 Data Source Date: April 05, 2012
Location
Address: 307 West Main Street, Olney, TX 76374 County: Young 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
Financial Summary
Total assets: $52.8 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2009)
Dollar figures in thousands
13Total employees (full-time equivalent)
$55,115Total assets
$2,833Cash and due from depository institutions
$2,099Interest-bearing balances
$0Securities
$0Federal funds sold & reverse repurchase agreements
$49,930Net loans & leases
$467Loan loss allowance
$0Trading account assets
$449Bank premises and fixed assets
$659Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,244All other assets
$55,115Total liabilities and capital
$49,627Total liabilities
$49,593Total deposits
$31,523Interest-bearing deposits
$49,593Deposits held in domestic offices
80.25%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$34All other liabilities
$5,488Total equity capital
$5,488Total bank equity capital
$5,488Perpetual preferred stock
$0Common stock
$597Surplus
$914Undivided profits
Memoranda
$3,977Noncurrent loans and leases
$17,960Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$312Earning assets
$0Long-term assets (5+ years)
$590Average Assets, year-to-date
$52,029Average Assets, quarterly
$4,262Volatile liabilities
$53,528Insider loans
$54,912FHLB advances
$10,369Loans and leases held for sale
$1,380Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$17,960Total unused commitments
$117Restructured Loans and leases
$467Derivatives
Income and Expense (December 31, 2009)
Dollar figures in thousands
$2,855Total interest income
$342Total interest expense
$2,513Net interest income
$97Provision for loan and lease losses
$293Total noninterest income
$0Fiduciary activities
$268Service charges on deposit accounts
$0Trading account gains & fees
$25Additional noninterest income
$1,166Total noninterest expense
$539Salaries and employee benefits
$98Premises and equipment expense
$529Additional noninterest expense
$1,543Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$1,543Income before extraordinary items
$0Extraordinary gains - net
$1,543Net income attributable to bank
$0Net charge-offs
$1,543Cash dividends
$160Sale, conversion, retirement of capital stock, net
$1,475Net operating income
Performance and Condition Ratios (December 31, 2009)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.64%Yield on earning assets
0.68%Cost of funding earning assets
4.97%Net interest margin
0.58%Noninterest income to earning assets
2.31%Noninterest expense to earning assets
2.88%Net operating income to assets
2.88%Return on assets (ROA)
2.88%Pretax return on assets
27.30%Return on equity (ROE)
1.20%Retained earnings to average equity (YTD only)
0.32%Net charge-offs to loans
60.63%Credit loss provision to net charge-offs
10.25%Efficiency ratio
41,554Assets per employee
4.24%Cash dividends to net income (YTD only)
Condition Ratios (%)
95.59%Loss allowance to loans
0.93%Loss allowance to noncurrent loans
149.68%Noncurrent assets plus other real estate owned to assets
1.76%Noncurrent loans to loans
0.62%Net loans and leases to deposits
100.68%Net loans and leases to core deposits
127.29%Equity capital to assets
9.96%Core capital (leverage) ratio
10.12%Tier 1 risk-based capital ratio
11.25%Total risk-based capital ratio
Memoranda
$12Average assets
$53,528Average earning assets
$5,651Average equity
$50,580Average loans
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