FDIC Certificate #: 30143 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First Federal Bank Texas (#30048) Federal Reserve ID: 993175 Date Established: January 01, 1920 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 4834 FDIC's unique #: 42977 Numeric code: 37 Regulator: OTS Insurance Fund Membership: Savings Association Insurance Fund (SAIF) FDIC Insured: Yes SAIF Insured: Yes Insured Savings Institution: Yes State Chartered: No Date of Deposit Insurance: September 02, 1941 Last Structure Change Effective Date: June 30, 2000 Last Structure Change Process Date: August 22, 2000 Last Data Update: August 22, 2000 Data Source Date: April 05, 2012
Location
Address: 218 West Cass 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)
Financial Summary
Total assets: $36.7 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1999)
Dollar figures in thousands
11Total employees (full-time equivalent)
$38,250Total assets
$1,706Cash and due from depository institutions
$1,582Interest-bearing balances
$10,786Securities
$0Federal funds sold & reverse repurchase agreements
$24,134Net loans & leases
$580Loan loss allowance
$0Trading account assets
$264Bank premises and fixed assets
$105Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,255All other assets
$38,250Total liabilities and capital
$34,555Total liabilities
$24,662Total deposits
$23,736Interest-bearing deposits
$24,662Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$9,672Other borrowed funds
$0Subordinated debt
$221All other liabilities
$3,695Total equity capital
$3,695Total bank equity capital
$3,695Perpetual preferred stock
$0Common stock
$1Surplus
$1,319Undivided profits
Memoranda
$2,375Noncurrent loans and leases
$577Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$685Earning assets
$0Long-term assets (5+ years)
$208Average Assets, year-to-date
$36,502Average Assets, quarterly
$0Volatile liabilities
$39,338Insider loans
$38,305FHLB advances
$12,399Loans and leases held for sale
$0Unused loan commitments
$9,594Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$577Total unused commitments
$0Restructured Loans and leases
$280Derivatives
Income and Expense (December 31, 1999)
Dollar figures in thousands
$2,812Total interest income
$1,725Total interest expense
$1,087Net interest income
$319Provision for loan and lease losses
$268Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$268Additional noninterest income
$1,162Total noninterest expense
$647Salaries and employee benefits
$151Premises and equipment expense
$364Additional noninterest expense
-$126Pre-tax net operating income
-$2Securities gains (losses)
-$51Applicable income taxes
-$77Income before extraordinary items
$0Extraordinary gains - net
-$77Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$90Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1999)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.48%Yield on earning assets
4.59%Cost of funding earning assets
2.89%Net interest margin
0.71%Noninterest income to earning assets
3.09%Noninterest expense to earning assets
-0.19%Net operating income to assets
-0.20%Return on assets (ROA)
-0.33%Pretax return on assets
-1.98%Return on equity (ROE)
-1.98%Retained earnings to average equity (YTD only)
0.37%Net charge-offs to loans
354.44%Credit loss provision to net charge-offs
2.14%Efficiency ratio
85,756Assets per employee
3.48%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.35%Loss allowance to noncurrent loans
84.67%Noncurrent assets plus other real estate owned to assets
2.07%Noncurrent loans to loans
2.77%Net loans and leases to deposits
97.86%Net loans and leases to core deposits
110.03%Equity capital to assets
9.66%Core capital (leverage) ratio
10.15%Tier 1 risk-based capital ratio
17.56%Total risk-based capital ratio
Memoranda
$19Average assets
$39,338Average earning assets
$3,883Average equity
$37,574Average loans
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