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

Gladewater National Bank - Overview

  • General
  • FDIC Certificate #: 23835
    Status: Active
    Federal Reserve ID: 263551
    Bank Holding Company (Regulatory Top Holder): East Texas Financial Corporation (RSSDID: 1427556, Location: Kilgore, TX)
    Date Established: May 07, 1982
    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: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 12923
    FDIC's unique #: 16659
    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: Commercial Lending Specialization
    Date of Deposit Insurance: May 07, 1982
    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: 678 North Main, Gladewater, TX 75647
    County: Gregg
    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: $34.9 mil
    Equity capital: $3.7 mil
    Deposits held in domestic offices: $30.9 mil
    Return on assets (ROA): 0.48% ($0.2 mil)
    Quarterly return on assets: 0.56% ($0.2 mil)
    Return on Equity (ROE): 4.22% ($0.2 mil)
    Quarterly return on equity: 5.04% ($0.2 mil)
    Net income: $0.2 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 0.69% ($240.5 mil)
    Quarterly Pretax return on assets: 0.77% ($268.3 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
  • 12Total employees (full-time equivalent)
  • $34,850Total assets
  • $3,961Cash and due from depository institutions
  • $2,476Interest-bearing balances
  • $6,460Securities
  • $2,775Federal funds sold & reverse repurchase agreements
  • $20,232Net loans & leases
  • $546Loan loss allowance
  • $0Trading account assets
  • $468Bank premises and fixed assets
  • $212Other real estate owned
  • $0Goodwill and other intangibles
  • $34,850Life insurance assets
  • $742All other assets
  • $31,107Total liabilities and capital
  • $30,939Total liabilities
  • $25,528Total deposits
  • $30,939Interest-bearing deposits
  • $73Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $168Subordinated debt
  • $3,743All other liabilities
  • $3,743Total equity capital
  • $3,743Total bank equity capital
  • $0Perpetual preferred stock
  • $843Common stock
  • $1,782Surplus
  • $1,118Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $475Income earned, not collected on loans
  • $0Earning assets
  • $164Long-term assets (5+ years)
  • $31,943Average Assets, year-to-date
  • $10,818Average Assets, quarterly
  • $32,153Volatile liabilities
  • $33,448Insider loans
  • $20,950FHLB advances
  • $32,736Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $3,698Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,582Restructured Loans and leases
  • $2,383Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,450Total interest income
  • $205Total interest expense
  • $1,245Net interest income
  • $30Provision for loan and lease losses
  • $232Total noninterest income
  • $0Fiduciary activities
  • $172Service charges on deposit accounts
  • $0Trading account gains & fees
  • $60Additional noninterest income
  • $1,226Total noninterest expense
  • $478Salaries and employee benefits
  • $137Premises and equipment expense
  • $611Additional noninterest expense
  • $221Pre-tax net operating income
  • $0Securities gains (losses)
  • $67Applicable income taxes
  • $154Income before extraordinary items
  • $0Extraordinary gains - net
  • $154Net income attributable to bank
  • $0Net charge-offs
  • $154Cash dividends
  • -$34Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.93%Yield on earning assets
  • 0.70%Cost of funding earning assets
  • 4.23%Net interest margin
  • 0.79%Noninterest income to earning assets
  • 4.17%Noninterest expense to earning assets
  • 0.48%Net operating income to assets
  • 0.48%Return on assets (ROA)
  • 0.69%Pretax return on assets
  • 4.22%Return on equity (ROE)
  • 4.22%Retained earnings to average equity (YTD only)
  • -0.17%Net charge-offs to loans
  • -88.24%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 83,006Assets per employee
  • 2.90%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.63%Loss allowance to noncurrent loans
  • 114.95%Noncurrent assets plus other real estate owned to assets
  • 1.97%Noncurrent loans to loans
  • 2.29%Net loans and leases to deposits
  • 65.39%Net loans and leases to core deposits
  • 75.03%Equity capital to assets
  • 10.74%Core capital (leverage) ratio
  • 11.30%Tier 1 risk-based capital ratio
  • 17.65%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $32,153Average earning assets
  • $3,651Average equity
  • $29,406Average loans

List of branches

  • 2 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    016659Gladewater National Bank678 North Main, Gladewater, TX 75647May 07, 1982Full Service Brick and Mortar
    2359596Gladewater Branch1409 East Broadway Avenue, Gladewater, TX 75647December 20, 1999Limited Service Facility

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