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

Panola National Bank - Overview

  • General
  • FDIC Certificate #: 24763
    Status: Active
    Federal Reserve ID: 1013856
    Bank Holding Company (Regulatory Top Holder): Panola National Bancshares, Inc. (RSSDID: 2860918, Location: Carthage, TX)
    Date Established: October 06, 1983
    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: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 17187
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: October 06, 1983
    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: 1510 West Panola, Carthage, TX 75633
    County: Panola
    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
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $123.7 mil
    Equity capital: $11.7 mil
    Deposits held in domestic offices: $111.4 mil
    Return on assets (ROA): 1.10% ($1.4 mil)
    Quarterly return on assets: 0.86% ($1.1 mil)
    Return on Equity (ROE): 11.89% ($1.4 mil)
    Quarterly return on equity: 9.18% ($1.1 mil)
    Net income: $1.3 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 1.24% ($1,534.0 mil)
    Quarterly Pretax return on assets: 0.86% ($1,063.9 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
  • 32Total employees (full-time equivalent)
  • $123,708Total assets
  • $20,799Cash and due from depository institutions
  • $13,282Interest-bearing balances
  • $32,056Securities
  • $6,445Federal funds sold & reverse repurchase agreements
  • $59,055Net loans & leases
  • $559Loan loss allowance
  • $0Trading account assets
  • $1,888Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $123,708Life insurance assets
  • $3,465All other assets
  • $112,014Total liabilities and capital
  • $111,394Total liabilities
  • $83,607Total deposits
  • $111,394Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $620Subordinated debt
  • $11,694All other liabilities
  • $11,694Total equity capital
  • $11,694Total bank equity capital
  • $0Perpetual preferred stock
  • $1,500Common stock
  • $1,500Surplus
  • $8,694Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $198Income earned, not collected on loans
  • $0Earning assets
  • $364Long-term assets (5+ years)
  • $110,838Average Assets, year-to-date
  • $27,096Average Assets, quarterly
  • $122,855Volatile liabilities
  • $123,770Insider loans
  • $71,526FHLB advances
  • $122,963Loans and leases held for sale
  • $2,368Unused loan commitments
  • $2,368Tier 1 (core) risk-based capital
  • $10,688Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $3,770Restructured Loans and leases
  • $2,572Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,517Total interest income
  • $527Total interest expense
  • $3,990Net interest income
  • $89Provision for loan and lease losses
  • $1,141Total noninterest income
  • $0Fiduciary activities
  • $586Service charges on deposit accounts
  • $0Trading account gains & fees
  • $555Additional noninterest income
  • $4,174Total noninterest expense
  • $2,311Salaries and employee benefits
  • $487Premises and equipment expense
  • $1,376Additional noninterest expense
  • $868Pre-tax net operating income
  • $653Securities gains (losses)
  • $174Applicable income taxes
  • $1,347Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,347Net income attributable to bank
  • $0Net charge-offs
  • $1,347Cash dividends
  • $65Sale, conversion, retirement of capital stock, net
  • $700Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.09%Yield on earning assets
  • 0.48%Cost of funding earning assets
  • 3.61%Net interest margin
  • 1.03%Noninterest income to earning assets
  • 3.78%Noninterest expense to earning assets
  • 0.62%Net operating income to assets
  • 1.10%Return on assets (ROA)
  • 1.24%Pretax return on assets
  • 11.89%Return on equity (ROE)
  • 5.71%Retained earnings to average equity (YTD only)
  • 0.11%Net charge-offs to loans
  • 136.92%Credit loss provision to net charge-offs
  • 14.72%Efficiency ratio
  • 81,349Assets per employee
  • 3.87%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 51.97%Loss allowance to loans
  • 0.94%Loss allowance to noncurrent loans
  • 282.32%Noncurrent assets plus other real estate owned to assets
  • 0.16%Noncurrent loans to loans
  • 0.33%Net loans and leases to deposits
  • 53.01%Net loans and leases to core deposits
  • 55.71%Equity capital to assets
  • 9.45%Core capital (leverage) ratio
  • 8.69%Tier 1 risk-based capital ratio
  • 14.94%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $122,855Average earning assets
  • $11,331Average equity
  • $110,453Average loans

List of branches

  • 2 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    017187Panola National Bank1510 West Panola, Carthage, TX 75633October 06, 1983Full Service Brick and Mortar
    1257642Marshall Branch2203 Victory Drive, Marshall, TX 75672July 01, 1999Full Service Brick and Mortar

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