Frontier State Bank in Eagle Pass, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 24, 1993

Frontier State Bank in Eagle Pass, Texas (TX)
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Frontier State Bank - Overview

General
FDIC Certificate #: 19551
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Camino Real Bank, National Association (#22615)
Federal Reserve ID: 590257
Date Established: Febuary 01, 1966
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 13351
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: Febuary 01, 1966
Last Structure Change Effective Date: September 24, 1993
Last Structure Change Process Date: October 19, 1993
Last Data Update: October 19, 1993
Data Source Date: April 05, 2012
Location
Address: 390 Ceylon Street, Eagle Pass, TX 78852
County: Maverick
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
Core Based Statistical Area (CBSA): Eagle Pass, TX (#20580)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $73.2 mil

Assets and Liabilities (December 31, 1992)

Dollar figures in thousands
0Total employees (full-time equivalent)
$39Total assets
$77,955Cash and due from depository institutions
$5,581Interest-bearing balances
$0Securities
$40,812Federal funds sold & reverse repurchase agreements
$16,300Net loans & leases
$12,896Loan loss allowance
$458Trading account assets
$0Bank premises and fixed assets
$991Other real estate owned
$678Goodwill and other intangibles
$697Life insurance assets
$0All other assets
$0Total liabilities and capital
$77,955Total liabilities
$72,515Total deposits
$71,951Interest-bearing deposits
$57,778Deposits held in domestic offices
71951.00%% insured (estimated)
$85Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$395Subordinated debt
$0All other liabilities
$169Total equity capital
$169Total bank equity capital
$5,440Perpetual preferred stock
$0Common stock
$534Surplus
$1,285Undivided profits
Memoranda
$3,621Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$223Income earned, not collected on loans
$87Earning assets
$70,008Long-term assets (5+ years)
$7,820Average Assets, year-to-date
$68,315Average Assets, quarterly
$74,251Volatile liabilities
$11,636Insider loans
$276FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$842Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$5,440Total risk weighted assets
$21,126Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1992)

Dollar figures in thousands
$0Total interest income
$4,301Total interest expense
$1,558Net interest income
$2,743Provision for loan and lease losses
$60Total noninterest income
$723Fiduciary activities
$0Service charges on deposit accounts
$581Trading account gains & fees
$0Additional noninterest income
$142Total noninterest expense
$1,945Salaries and employee benefits
$740Premises and equipment expense
$199Additional noninterest expense
$1,006Pre-tax net operating income
$1,461Securities gains (losses)
$383Applicable income taxes
$549Income before extraordinary items
$1,295Extraordinary gains - net
$0Net income attributable to bank
$1,295Net charge-offs
$89Cash dividends
$819Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1992)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.09%Cost of funding earning assets
2.57%Net interest margin
4.52%Noninterest income to earning assets
1.19%Noninterest expense to earning assets
3.20%Net operating income to assets
1.50%Return on assets (ROA)
1.90%Pretax return on assets
2.70%Return on equity (ROE)
24.53%Retained earnings to average equity (YTD only)
9.02%Net charge-offs to loans
0.62%Credit loss provision to net charge-offs
67.42%Efficiency ratio
56,117Assets per employee
2.00%Cash dividends to net income (YTD only)
Condition Ratios (%)
63.24%Loss allowance to loans
3.43%Loss allowance to noncurrent loans
205.38%Noncurrent assets plus other real estate owned to assets
1.16%Noncurrent loans to loans
1.67%Net loans and leases to deposits
17.92%Net loans and leases to core deposits
21.26%Equity capital to assets
6.98%Core capital (leverage) ratio
7.39%Tier 1 risk-based capital ratio
25.75%Total risk-based capital ratio
Memoranda
$27Average assets
$68,315Average earning assets
$5,280Average equity
$60,692Average loans

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