Mid-Coast Savings Bank, SSB in Edna, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 24, 2000

  • Mid-Coast Savings Bank, SSB in Edna, Texas (TX)
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Mid-Coast Savings Bank, SSB - Overview

  • General
  • FDIC Certificate #: 31050
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Victoria National Bank (#5570)
    Federal Reserve ID: 940272
    Date Established: January 01, 1958
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 2 (Interstate: No)
    OTS Docket #: 6312
    FDIC's unique #: 43884
    Numeric code: 41
    Regulator: FDIC
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: Yes
    Date of Deposit Insurance: April 24, 1959
    Last Structure Change Effective Date: April 24, 2000
    Last Structure Change Process Date: June 15, 2000
    Last Data Update: June 15, 2000
    Data Source Date: April 05, 2012
  • Location
  • Address: 601 North Wells, Edna, TX 77957
    County: Jackson
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Houston
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
  • Financial Summary
  • Total assets: $44.4 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, 1999)

  • Dollar figures in thousands
  • 12Total employees (full-time equivalent)
  • $44,363Total assets
  • $2,625Cash and due from depository institutions
  • $1,130Interest-bearing balances
  • $15,281Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $25,761Net loans & leases
  • $83Loan loss allowance
  • $0Trading account assets
  • $297Bank premises and fixed assets
  • $34Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $365All other assets
  • $44,363Total liabilities and capital
  • $41,236Total liabilities
  • $34,105Total deposits
  • $31,232Interest-bearing deposits
  • $34,105Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $6,960Other borrowed funds
  • $0Subordinated debt
  • $171All other liabilities
  • $3,127Total equity capital
  • $3,127Total bank equity capital
  • $3,127Perpetual preferred stock
  • $0Common stock
  • $231Surplus
  • $118Undivided profits
  • Memoranda
  • $2,778Noncurrent loans and leases
  • $1,003Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $45Earning assets
  • $0Long-term assets (5+ years)
  • $189Average Assets, year-to-date
  • $42,172Average Assets, quarterly
  • $6,501Volatile liabilities
  • $42,971Insider loans
  • $43,795FHLB advances
  • $9,456Loans and leases held for sale
  • $391Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,003Total unused commitments
  • $0Restructured Loans and leases
  • $83Derivatives

Income and Expense (December 31, 1999)

  • Dollar figures in thousands
  • $2,888Total interest income
  • $1,608Total interest expense
  • $1,280Net interest income
  • $12Provision for loan and lease losses
  • $85Total noninterest income
  • $0Fiduciary activities
  • $82Service charges on deposit accounts
  • $0Trading account gains & fees
  • $3Additional noninterest income
  • $807Total noninterest expense
  • $356Salaries and employee benefits
  • $106Premises and equipment expense
  • $345Additional noninterest expense
  • $546Pre-tax net operating income
  • $10Securities gains (losses)
  • $183Applicable income taxes
  • $373Income before extraordinary items
  • $0Extraordinary gains - net
  • $373Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $92Net operating income

Performance and Condition Ratios (December 31, 1999)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.00%Yield on earning assets
  • 3.90%Cost of funding earning assets
  • 3.10%Net interest margin
  • 0.21%Noninterest income to earning assets
  • 1.96%Noninterest expense to earning assets
  • 0.85%Net operating income to assets
  • 0.87%Return on assets (ROA)
  • 1.29%Pretax return on assets
  • 12.14%Return on equity (ROE)
  • 9.15%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 59,121Assets per employee
  • 3.70%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 24.66%Loss allowance to loans
  • 0.32%Loss allowance to noncurrent loans
  • 184.44%Noncurrent assets plus other real estate owned to assets
  • 0.18%Noncurrent loans to loans
  • 0.17%Net loans and leases to deposits
  • 75.53%Net loans and leases to core deposits
  • 83.88%Equity capital to assets
  • 7.05%Core capital (leverage) ratio
  • 7.31%Tier 1 risk-based capital ratio
  • 14.46%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $42,971Average earning assets
  • $3,072Average equity
  • $41,256Average loans

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