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

This bank is inactive as of March 16, 2001

  • Independent National Bank in Irving, Texas (TX)
  • Show street view No street view available for this location

Independent National Bank - Overview

  • General
  • FDIC Certificate #: 21373
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: SouthTrust Bank (#849)
    Federal Reserve ID: 966955
    Date Established: January 03, 1974
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 5 (Interstate: No)
    FDIC's unique #: 14787
    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 03, 1974
    Last Structure Change Effective Date: March 16, 2001
    Last Structure Change Process Date: May 04, 2001
    Last Data Update: May 04, 2001
    Data Source Date: April 05, 2012
  • Location
  • Address: 3636 West Northgate Drive, Irving, TX 75062
    County: Dallas
    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): Dallas, TX (#1920)
    Consolidated Metropolitan Statistical Area (CMSA): Dallas-Fort Worth, TX (#31)
    Combined Statistical Area (CSA): Dallas-Fort Worth, TX (#206)
    Core Based Statistical Area (CBSA): Dallas-Fort Worth-Arlington, TX (#19100)
    CBSA Metro Statistical Area: Dallas-Fort Worth-Arlington, TX (#19100)
    Core Based Statistical Division: Dallas-Plano-Irving, TX (#19124)
  • Financial Summary
  • Total assets: $113.6 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, 2000)

  • Dollar figures in thousands
  • 62Total employees (full-time equivalent)
  • $113,611Total assets
  • $6,479Cash and due from depository institutions
  • $100Interest-bearing balances
  • $7,318Securities
  • $9,865Federal funds sold & reverse repurchase agreements
  • $85,236Net loans & leases
  • $796Loan loss allowance
  • $0Trading account assets
  • $2,721Bank premises and fixed assets
  • $0Other real estate owned
  • $269Goodwill and other intangibles
  • $0Life insurance assets
  • $1,723All other assets
  • $113,611Total liabilities and capital
  • $105,141Total liabilities
  • $103,460Total deposits
  • $63,988Interest-bearing deposits
  • $103,460Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $397Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $1,284All other liabilities
  • $8,470Total equity capital
  • $8,470Total bank equity capital
  • $8,470Perpetual preferred stock
  • $0Common stock
  • $2,360Surplus
  • $2,466Undivided profits
  • Memoranda
  • $3,644Noncurrent loans and leases
  • $16,380Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $183Earning assets
  • $0Long-term assets (5+ years)
  • $668Average Assets, year-to-date
  • $102,519Average Assets, quarterly
  • $3,469Volatile liabilities
  • $105,164Insider loans
  • $113,113FHLB advances
  • $14,304Loans and leases held for sale
  • $2,324Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $16,380Total unused commitments
  • $0Restructured Loans and leases
  • $796Derivatives

Income and Expense (December 31, 2000)

  • Dollar figures in thousands
  • $9,416Total interest income
  • $2,779Total interest expense
  • $6,637Net interest income
  • $454Provision for loan and lease losses
  • $3,249Total noninterest income
  • $0Fiduciary activities
  • $1,772Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,477Additional noninterest income
  • $7,317Total noninterest expense
  • $3,977Salaries and employee benefits
  • $1,004Premises and equipment expense
  • $2,336Additional noninterest expense
  • $2,115Pre-tax net operating income
  • $0Securities gains (losses)
  • $754Applicable income taxes
  • $1,361Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,361Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $301Sale, conversion, retirement of capital stock, net
  • $507Net operating income

Performance and Condition Ratios (December 31, 2000)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 10.14%Yield on earning assets
  • 2.99%Cost of funding earning assets
  • 7.15%Net interest margin
  • 3.50%Noninterest income to earning assets
  • 7.88%Noninterest expense to earning assets
  • 1.29%Net operating income to assets
  • 1.29%Return on assets (ROA)
  • 2.01%Pretax return on assets
  • 17.02%Return on equity (ROE)
  • 10.68%Retained earnings to average equity (YTD only)
  • 0.38%Net charge-offs to loans
  • 150.83%Credit loss provision to net charge-offs
  • 8.53%Efficiency ratio
  • 73,508Assets per employee
  • 1.83%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 37.25%Loss allowance to loans
  • 0.93%Loss allowance to noncurrent loans
  • 434.97%Noncurrent assets plus other real estate owned to assets
  • 0.16%Noncurrent loans to loans
  • 0.21%Net loans and leases to deposits
  • 82.39%Net loans and leases to core deposits
  • 95.18%Equity capital to assets
  • 7.46%Core capital (leverage) ratio
  • 7.39%Tier 1 risk-based capital ratio
  • 9.33%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $105,164Average earning assets
  • $7,999Average equity
  • $92,888Average loans

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