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

This bank is inactive as of March 01, 2006

  • First-Nichols National Bank of Kenedy in Kenedy, Texas (TX)
  • Show street view No street view available for this location

First-Nichols National Bank of Kenedy - Overview

  • General
  • FDIC Certificate #: 3282
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Texas Champion Bank (#11159)
    Federal Reserve ID: 607959
    Date Established: January 01, 1906
    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)
    OTS Docket #: 13354
    FDIC's unique #: 2121
    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: March 01, 2006
    Last Structure Change Process Date: March 15, 2006
    Last Data Update: March 15, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 113 South Sunset Strip, Kenedy, TX 78119
    County: Karnes
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Austin
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
  • Financial Summary
  • Total assets: $41.8 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, 2005)

  • Dollar figures in thousands
  • 13Total employees (full-time equivalent)
  • $41,784Total assets
  • $2,962Cash and due from depository institutions
  • $899Interest-bearing balances
  • $14,035Securities
  • $725Federal funds sold & reverse repurchase agreements
  • $22,902Net loans & leases
  • $180Loan loss allowance
  • $0Trading account assets
  • $532Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $628All other assets
  • $41,784Total liabilities and capital
  • $38,385Total liabilities
  • $38,314Total deposits
  • $27,347Interest-bearing deposits
  • $38,314Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $71All other liabilities
  • $3,399Total equity capital
  • $3,399Total bank equity capital
  • $3,399Perpetual preferred stock
  • $0Common stock
  • $480Surplus
  • $685Undivided profits
  • Memoranda
  • $2,234Noncurrent loans and leases
  • $1,479Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $33Earning assets
  • $0Long-term assets (5+ years)
  • $253Average Assets, year-to-date
  • $38,561Average Assets, quarterly
  • $2,272Volatile liabilities
  • $41,509Insider loans
  • $41,961FHLB advances
  • $1,294Loans and leases held for sale
  • $110Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,479Total unused commitments
  • $0Restructured Loans and leases
  • $180Derivatives

Income and Expense (December 31, 2005)

  • Dollar figures in thousands
  • $1,928Total interest income
  • $365Total interest expense
  • $1,563Net interest income
  • $5Provision for loan and lease losses
  • $336Total noninterest income
  • $0Fiduciary activities
  • $285Service charges on deposit accounts
  • $0Trading account gains & fees
  • $51Additional noninterest income
  • $1,542Total noninterest expense
  • $828Salaries and employee benefits
  • $279Premises and equipment expense
  • $435Additional noninterest expense
  • $352Pre-tax net operating income
  • -$26Securities gains (losses)
  • $0Applicable income taxes
  • $326Income before extraordinary items
  • $0Extraordinary gains - net
  • $326Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • -$12Sale, conversion, retirement of capital stock, net
  • $168Net operating income

Performance and Condition Ratios (December 31, 2005)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.03%Yield on earning assets
  • 0.95%Cost of funding earning assets
  • 4.08%Net interest margin
  • 0.88%Noninterest income to earning assets
  • 4.02%Noninterest expense to earning assets
  • 0.85%Net operating income to assets
  • 0.79%Return on assets (ROA)
  • 0.79%Pretax return on assets
  • 9.34%Return on equity (ROE)
  • 4.53%Retained earnings to average equity (YTD only)
  • -0.06%Net charge-offs to loans
  • -41.67%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 81,201Assets per employee
  • 3.21%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 51.53%Loss allowance to loans
  • 0.78%Loss allowance to noncurrent loans
  • 545.45%Noncurrent assets plus other real estate owned to assets
  • 0.08%Noncurrent loans to loans
  • 0.14%Net loans and leases to deposits
  • 59.77%Net loans and leases to core deposits
  • 61.86%Equity capital to assets
  • 8.13%Core capital (leverage) ratio
  • 8.89%Tier 1 risk-based capital ratio
  • 14.24%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $41,509Average earning assets
  • $3,491Average equity
  • $38,355Average loans

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with First-Nichols National Bank of Kenedy.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents