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
    WWW: http://www.knbkress.com
    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

Comment about this bank, ask questions, or add new information about it:

CAPTCHA

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Kress National Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents