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

This bank is inactive as of September 10, 1998

  • Longview National Bank in Longview, Texas (TX)
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Longview National Bank - Overview

  • General
  • FDIC Certificate #: 3310
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Regions Bank (#12368)
    Federal Reserve ID: 763659
    Date Established: January 31, 1912
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Interstate: No)
    OTS Docket #: 13694
    FDIC's unique #: 2143
    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 01, 1934
    Last Structure Change Effective Date: September 10, 1998
    Last Structure Change Process Date: October 06, 1998
    Last Data Update: October 06, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 213-19 North Fredonia Street, Longview, TX 75601
    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)
  • Financial Summary
  • Total assets: $155.1 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 54Total employees (full-time equivalent)
  • $159,833Total assets
  • $6,235Cash and due from depository institutions
  • $0Interest-bearing balances
  • $46,392Securities
  • $9,570Federal funds sold & reverse repurchase agreements
  • $88,861Net loans & leases
  • $1,380Loan loss allowance
  • $0Trading account assets
  • $3,938Bank premises and fixed assets
  • $6Other real estate owned
  • $3,188Goodwill and other intangibles
  • $0Life insurance assets
  • $1,643All other assets
  • $159,833Total liabilities and capital
  • $141,277Total liabilities
  • $137,230Total deposits
  • $108,673Interest-bearing deposits
  • $137,230Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $2,450Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $1,161Other borrowed funds
  • $0Subordinated debt
  • $436All other liabilities
  • $18,556Total equity capital
  • $18,556Total bank equity capital
  • $18,556Perpetual preferred stock
  • $0Common stock
  • $1,238Surplus
  • $17,496Undivided profits
  • Memoranda
  • $-178Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $477Earning assets
  • $0Long-term assets (5+ years)
  • $649Average Assets, year-to-date
  • $144,823Average Assets, quarterly
  • $32,684Volatile liabilities
  • $160,241Insider loans
  • $158,724FHLB advances
  • $15,604Loans and leases held for sale
  • $8,591Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $13,050Total unused commitments
  • $0Restructured Loans and leases
  • $96,897Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $10,458Total interest income
  • $4,571Total interest expense
  • $5,887Net interest income
  • $760Provision for loan and lease losses
  • $1,133Total noninterest income
  • $64Fiduciary activities
  • $556Service charges on deposit accounts
  • $0Trading account gains & fees
  • $513Additional noninterest income
  • $4,771Total noninterest expense
  • $1,823Salaries and employee benefits
  • $696Premises and equipment expense
  • $2,252Additional noninterest expense
  • $1,489Pre-tax net operating income
  • -$41Securities gains (losses)
  • $595Applicable income taxes
  • $853Income before extraordinary items
  • $0Extraordinary gains - net
  • $853Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $573Sale, conversion, retirement of capital stock, net
  • $1,350Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.27%Yield on earning assets
  • 3.18%Cost of funding earning assets
  • 4.09%Net interest margin
  • 0.79%Noninterest income to earning assets
  • 3.32%Noninterest expense to earning assets
  • 0.55%Net operating income to assets
  • 0.53%Return on assets (ROA)
  • 0.90%Pretax return on assets
  • 4.67%Return on equity (ROE)
  • -2.72%Retained earnings to average equity (YTD only)
  • 0.67%Net charge-offs to loans
  • 132.64%Credit loss provision to net charge-offs
  • 3.92%Efficiency ratio
  • 63,775Assets per employee
  • 2.96%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 158.26%Loss allowance to loans
  • 1.53%Loss allowance to noncurrent loans
  • 289.31%Noncurrent assets plus other real estate owned to assets
  • 0.30%Noncurrent loans to loans
  • 0.53%Net loans and leases to deposits
  • 64.75%Net loans and leases to core deposits
  • 70.95%Equity capital to assets
  • 11.61%Core capital (leverage) ratio
  • 10.46%Tier 1 risk-based capital ratio
  • 16.10%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $160,241Average earning assets
  • $18,260Average equity
  • $143,858Average loans

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