Lone Oak State Bank in Lone Oak, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 08, 2001

  • Lone Oak State Bank in Lone Oak, Texas (TX)
  • Show street view No street view available for this location

Lone Oak State Bank - Overview

  • General
  • FDIC Certificate #: 20299
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Benchmark Bank (#19215)
    Federal Reserve ID: 816153
    Date Established: August 28, 1969
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    FDIC's unique #: 13973
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: November 06, 1970
    Last Structure Change Effective Date: June 08, 2001
    Last Structure Change Process Date: August 10, 2001
    Last Data Update: August 10, 2001
    Data Source Date: April 05, 2012
  • Location
  • Address: Highway 69, Lone Oak, TX 75453
    County: Hunt
    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: $11.3 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
  • 12Total employees (full-time equivalent)
  • $11,471Total assets
  • $1,277Cash and due from depository institutions
  • $100Interest-bearing balances
  • $2,735Securities
  • $115Federal funds sold & reverse repurchase agreements
  • $6,810Net loans & leases
  • $92Loan loss allowance
  • $0Trading account assets
  • $323Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $211All other assets
  • $11,471Total liabilities and capital
  • $10,616Total liabilities
  • $10,542Total deposits
  • $6,609Interest-bearing deposits
  • $10,542Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $74All other liabilities
  • $855Total equity capital
  • $855Total bank equity capital
  • $855Perpetual preferred stock
  • $0Common stock
  • $140Surplus
  • $400Undivided profits
  • Memoranda
  • $315Noncurrent loans and leases
  • $169Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1Earning assets
  • $0Long-term assets (5+ years)
  • $58Average Assets, year-to-date
  • $9,760Average Assets, quarterly
  • $285Volatile liabilities
  • $11,727Insider loans
  • $11,979FHLB advances
  • $100Loans and leases held for sale
  • $144Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $169Total unused commitments
  • $0Restructured Loans and leases
  • $92Derivatives

Income and Expense (December 31, 2000)

  • Dollar figures in thousands
  • $902Total interest income
  • $219Total interest expense
  • $683Net interest income
  • $26Provision for loan and lease losses
  • $256Total noninterest income
  • $0Fiduciary activities
  • $206Service charges on deposit accounts
  • $0Trading account gains & fees
  • $50Additional noninterest income
  • $824Total noninterest expense
  • $417Salaries and employee benefits
  • $119Premises and equipment expense
  • $288Additional noninterest expense
  • $89Pre-tax net operating income
  • $0Securities gains (losses)
  • $11Applicable income taxes
  • $78Income before extraordinary items
  • $0Extraordinary gains - net
  • $78Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $10Sale, conversion, retirement of capital stock, net
  • $15Net operating income

Performance and Condition Ratios (December 31, 2000)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 9.06%Yield on earning assets
  • 2.20%Cost of funding earning assets
  • 6.86%Net interest margin
  • 2.57%Noninterest income to earning assets
  • 8.28%Noninterest expense to earning assets
  • 0.67%Net operating income to assets
  • 0.67%Return on assets (ROA)
  • 0.76%Pretax return on assets
  • 9.50%Return on equity (ROE)
  • 7.67%Retained earnings to average equity (YTD only)
  • 0.15%Net charge-offs to loans
  • 260.00%Credit loss provision to net charge-offs
  • 11.50%Efficiency ratio
  • 87,753Assets per employee
  • 0.96%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 19.23%Loss allowance to loans
  • 1.33%Loss allowance to noncurrent loans
  • 9200.00%Noncurrent assets plus other real estate owned to assets
  • 0.01%Noncurrent loans to loans
  • 0.01%Net loans and leases to deposits
  • 64.60%Net loans and leases to core deposits
  • 65.22%Equity capital to assets
  • 7.45%Core capital (leverage) ratio
  • 7.31%Tier 1 risk-based capital ratio
  • 11.50%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $11,727Average earning assets
  • $821Average equity
  • $9,951Average loans

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