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- Banks in Texas (TX)
- First National Bank of Olney
First National Bank of Olney in Olney, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches
This bank is inactive as of December 31, 2010
- First National Bank of Olney in Olney, Texas (TX)
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First National Bank of Olney - Overview
- General
- 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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- Banks in Texas (TX)
- First National Bank of Olney
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