Lost Pines National Bank in Smithville, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 29, 2004

  • Lost Pines National Bank in Smithville, Texas (TX)
  • Show street view No street view available for this location

Lost Pines National Bank - Overview

  • General
  • FDIC Certificate #: 23591
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Franklin Bank, S.S.B. (#26870)
    Federal Reserve ID: 254867
    Date Established: November 04, 1981
    WWW: http://www.lostpines.com
    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)
    FDIC's unique #: 16523
    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: November 04, 1981
    Last Structure Change Effective Date: Febuary 29, 2004
    Last Structure Change Process Date: March 12, 2004
    Last Data Update: March 12, 2004
    Data Source Date: April 05, 2012
  • Location
  • Address: 406 Main Street, Smithville, TX 78957
    County: Bastrop
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Austin
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Austin-San Marcos, TX (#640)
    Combined Statistical Area (CSA): Austin-Round Rock-Marble Falls, TX (#126)
    Core Based Statistical Area (CBSA): Austin-Round Rock-San Marcos, TX (#12420)
    CBSA Metro Statistical Area: Austin-Round Rock-San Marcos, TX (#12420)
  • Financial Summary
  • Total assets: $40.7 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, 2003)

  • Dollar figures in thousands
  • 19Total employees (full-time equivalent)
  • $40,733Total assets
  • $2,655Cash and due from depository institutions
  • $422Interest-bearing balances
  • $10,654Securities
  • $4,125Federal funds sold & reverse repurchase agreements
  • $20,364Net loans & leases
  • $310Loan loss allowance
  • $0Trading account assets
  • $1,441Bank premises and fixed assets
  • $7Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,487All other assets
  • $40,733Total liabilities and capital
  • $36,724Total liabilities
  • $36,620Total deposits
  • $29,675Interest-bearing deposits
  • $36,620Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $104All other liabilities
  • $4,009Total equity capital
  • $4,009Total bank equity capital
  • $4,009Perpetual preferred stock
  • $0Common stock
  • $750Surplus
  • $750Undivided profits
  • Memoranda
  • $2,509Noncurrent loans and leases
  • $1,092Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $193Earning assets
  • $0Long-term assets (5+ years)
  • $270Average Assets, year-to-date
  • $35,565Average Assets, quarterly
  • $1,786Volatile liabilities
  • $40,908Insider loans
  • $40,624FHLB advances
  • $3,894Loans and leases held for sale
  • $687Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,092Total unused commitments
  • $0Restructured Loans and leases
  • $310Derivatives

Income and Expense (December 31, 2003)

  • Dollar figures in thousands
  • $1,891Total interest income
  • $342Total interest expense
  • $1,549Net interest income
  • $9Provision for loan and lease losses
  • $589Total noninterest income
  • $0Fiduciary activities
  • $460Service charges on deposit accounts
  • $0Trading account gains & fees
  • $129Additional noninterest income
  • $1,619Total noninterest expense
  • $744Salaries and employee benefits
  • $185Premises and equipment expense
  • $690Additional noninterest expense
  • $510Pre-tax net operating income
  • $2Securities gains (losses)
  • $122Applicable income taxes
  • $390Income before extraordinary items
  • $0Extraordinary gains - net
  • $390Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $21Sale, conversion, retirement of capital stock, net
  • $264Net operating income

Performance and Condition Ratios (December 31, 2003)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.33%Yield on earning assets
  • 0.96%Cost of funding earning assets
  • 4.36%Net interest margin
  • 1.66%Noninterest income to earning assets
  • 4.56%Noninterest expense to earning assets
  • 0.95%Net operating income to assets
  • 0.95%Return on assets (ROA)
  • 1.25%Pretax return on assets
  • 9.79%Return on equity (ROE)
  • 3.16%Retained earnings to average equity (YTD only)
  • 0.10%Net charge-offs to loans
  • 42.86%Credit loss provision to net charge-offs
  • 24.71%Efficiency ratio
  • 75,725Assets per employee
  • 2.14%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 67.69%Loss allowance to loans
  • 1.50%Loss allowance to noncurrent loans
  • 160.62%Noncurrent assets plus other real estate owned to assets
  • 0.49%Noncurrent loans to loans
  • 0.93%Net loans and leases to deposits
  • 55.61%Net loans and leases to core deposits
  • 62.23%Equity capital to assets
  • 9.84%Core capital (leverage) ratio
  • 9.50%Tier 1 risk-based capital ratio
  • 15.21%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $40,908Average earning assets
  • $3,986Average equity
  • $35,488Average loans

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