Gilmer National Bank, Gilmer, Texas in Gilmer, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

Gilmer National Bank, Gilmer, Texas - Overview

  • General
  • FDIC Certificate #: 3219
    Status: Active
    Federal Reserve ID: 323651
    Bank Holding Company (Regulatory Top Holder): Gilmer National Bancshares, Inc. (RSSDID: 2839969, Location: Gilmer, TX)
    Date Established: May 01, 1901
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 2075
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 900 North Wood Street, Gilmer, TX 75644
    County: Upshur
    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
    Metropolitan Statistical Area (MSA): Longview-Marshall, TX (#4420)
    Combined Statistical Area (CSA): Longview-Marshall, TX (#346)
    Core Based Statistical Area (CBSA): Longview, TX (#30980)
    CBSA Metro Statistical Area: Longview, TX (#30980)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $195.1 mil
    Equity capital: $25.7 mil
    Deposits held in domestic offices: $168.8 mil
    Return on assets (ROA): 1.09% ($2.1 mil)
    Quarterly return on assets: 1.05% ($2.0 mil)
    Return on Equity (ROE): 8.16% ($2.1 mil)
    Quarterly return on equity: 7.89% ($2.1 mil)
    Net income: $2.1 mil
    Quarterly Net income: $0.5 mil
    Pretax return on assets: 1.39% ($2,711.7 mil)
    Quarterly Pretax return on assets: 1.39% ($2,711.7 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, 2011)

  • Dollar figures in thousands
  • 44Total employees (full-time equivalent)
  • $195,084Total assets
  • $8,325Cash and due from depository institutions
  • $3,678Interest-bearing balances
  • $58,189Securities
  • $8,814Federal funds sold & reverse repurchase agreements
  • $112,517Net loans & leases
  • $2,447Loan loss allowance
  • $0Trading account assets
  • $1,814Bank premises and fixed assets
  • $326Other real estate owned
  • $0Goodwill and other intangibles
  • $195,084Life insurance assets
  • $5,099All other assets
  • $169,344Total liabilities and capital
  • $168,823Total liabilities
  • $149,543Total deposits
  • $168,823Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $521Subordinated debt
  • $25,740All other liabilities
  • $25,740Total equity capital
  • $25,740Total bank equity capital
  • $0Perpetual preferred stock
  • $500Common stock
  • $1,500Surplus
  • $23,740Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,932Income earned, not collected on loans
  • $0Earning assets
  • $1,913Long-term assets (5+ years)
  • $183,198Average Assets, year-to-date
  • $68,135Average Assets, quarterly
  • $190,163Volatile liabilities
  • $193,618Insider loans
  • $115,794FHLB advances
  • $194,957Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $25,559Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $8,794Restructured Loans and leases
  • $2,902Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $9,049Total interest income
  • $1,934Total interest expense
  • $7,115Net interest income
  • $1,000Provision for loan and lease losses
  • $833Total noninterest income
  • $0Fiduciary activities
  • $712Service charges on deposit accounts
  • $0Trading account gains & fees
  • $121Additional noninterest income
  • $4,654Total noninterest expense
  • $3,049Salaries and employee benefits
  • $424Premises and equipment expense
  • $1,181Additional noninterest expense
  • $2,294Pre-tax net operating income
  • $347Securities gains (losses)
  • $577Applicable income taxes
  • $2,064Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,064Net income attributable to bank
  • $0Net charge-offs
  • $2,064Cash dividends
  • $848Sale, conversion, retirement of capital stock, net
  • $925Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.08%Yield on earning assets
  • 1.09%Cost of funding earning assets
  • 4.00%Net interest margin
  • 0.47%Noninterest income to earning assets
  • 2.61%Noninterest expense to earning assets
  • 0.94%Net operating income to assets
  • 1.09%Return on assets (ROA)
  • 1.39%Pretax return on assets
  • 8.16%Return on equity (ROE)
  • 4.50%Retained earnings to average equity (YTD only)
  • 0.76%Net charge-offs to loans
  • 117.92%Credit loss provision to net charge-offs
  • 3.88%Efficiency ratio
  • 58,556Assets per employee
  • 4.43%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 44.82%Loss allowance to loans
  • 2.13%Loss allowance to noncurrent loans
  • 126.66%Noncurrent assets plus other real estate owned to assets
  • 1.16%Noncurrent loans to loans
  • 1.68%Net loans and leases to deposits
  • 66.65%Net loans and leases to core deposits
  • 72.35%Equity capital to assets
  • 13.19%Core capital (leverage) ratio
  • 13.11%Tier 1 risk-based capital ratio
  • 22.07%Total risk-based capital ratio
  • Memoranda
  • $23Average assets
  • $190,163Average earning assets
  • $25,305Average equity
  • $178,079Average loans

List of branches

  • 1 Texas Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    02075Gilmer National Bank, Gilmer, Texas900 North Wood Street, Gilmer, TX 75644May 01, 1901Full Service Brick and Mortar

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