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

Kress National Bank - Overview

  • General
  • FDIC Certificate #: 18892
    Status: Active
    Federal Reserve ID: 995955
    Bank Holding Company (Regulatory Top Holder): Kress National Bancshares, Inc. (RSSDID: 2741307, Location: Kress, TX)
    Date Established: September 17, 1963
    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 #: 12743
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Agricultural lending institution: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: September 17, 1963
    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: W 4th Street And Us Hwy 87, Kress, TX 79052
    County: Swisher
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Lubbock
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
  • History of Changes
  • Change in Location
    Change in Geographic Region/Area/Territory/Field Office
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $41.3 mil
    Equity capital: $4.1 mil
    Deposits held in domestic offices: $37.0 mil
    Return on assets (ROA): 1.17% ($0.5 mil)
    Quarterly return on assets: 0.92% ($0.4 mil)
    Return on Equity (ROE): 10.82% ($0.4 mil)
    Quarterly return on equity: 8.74% ($0.3 mil)
    Net income: $0.4 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 1.17% ($482.6 mil)
    Quarterly Pretax return on assets: 0.92% ($379.5 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
  • 7Total employees (full-time equivalent)
  • $41,251Total assets
  • $9,108Cash and due from depository institutions
  • $6,361Interest-bearing balances
  • $13,240Securities
  • $4,000Federal funds sold & reverse repurchase agreements
  • $13,939Net loans & leases
  • $345Loan loss allowance
  • $0Trading account assets
  • $175Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $41,251Life insurance assets
  • $789All other assets
  • $37,108Total liabilities and capital
  • $37,042Total liabilities
  • $24,582Total deposits
  • $37,042Interest-bearing deposits
  • $91Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $66Subordinated debt
  • $4,143All other liabilities
  • $4,143Total equity capital
  • $4,143Total bank equity capital
  • $0Perpetual preferred stock
  • $100Common stock
  • $100Surplus
  • $3,943Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $8Income earned, not collected on loans
  • $0Earning assets
  • $683Long-term assets (5+ years)
  • $37,540Average Assets, year-to-date
  • $6,203Average Assets, quarterly
  • $37,593Volatile liabilities
  • $39,169Insider loans
  • $19,392FHLB advances
  • $40,683Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $4,053Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,977Restructured Loans and leases
  • $5Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,494Total interest income
  • $152Total interest expense
  • $1,342Net interest income
  • $47Provision for loan and lease losses
  • $187Total noninterest income
  • $0Fiduciary activities
  • $156Service charges on deposit accounts
  • $0Trading account gains & fees
  • $31Additional noninterest income
  • $1,042Total noninterest expense
  • $552Salaries and employee benefits
  • $91Premises and equipment expense
  • $399Additional noninterest expense
  • $440Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $440Income before extraordinary items
  • $0Extraordinary gains - net
  • $440Net income attributable to bank
  • $0Net charge-offs
  • $440Cash dividends
  • $2Sale, conversion, retirement of capital stock, net
  • $377Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.31%Yield on earning assets
  • 0.44%Cost of funding earning assets
  • 3.87%Net interest margin
  • 0.54%Noninterest income to earning assets
  • 3.01%Noninterest expense to earning assets
  • 1.17%Net operating income to assets
  • 1.17%Return on assets (ROA)
  • 1.17%Pretax return on assets
  • 10.82%Return on equity (ROE)
  • 1.55%Retained earnings to average equity (YTD only)
  • 0.01%Net charge-offs to loans
  • 2350.00%Credit loss provision to net charge-offs
  • 243.50%Efficiency ratio
  • 68,149Assets per employee
  • 5.89%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 85.68%Loss allowance to loans
  • 2.42%Loss allowance to noncurrent loans
  • 4312.50%Noncurrent assets plus other real estate owned to assets
  • 0.02%Noncurrent loans to loans
  • 0.06%Net loans and leases to deposits
  • 37.63%Net loans and leases to core deposits
  • 39.02%Equity capital to assets
  • 10.04%Core capital (leverage) ratio
  • 9.96%Tier 1 risk-based capital ratio
  • 20.90%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $37,593Average earning assets
  • $4,065Average equity
  • $34,668Average loans

List of branches

  • 1 Texas Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    012743Kress National BankW 4th Street And Us Hwy 87, Kress, TX 79052September 17, 1963Full Service Brick and Mortar

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