Rancho Viejo National Bank in Olmito, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 03, 1993

  • Rancho Viejo National Bank in Olmito, Texas (TX)
  • Show street view No street view available for this location

Rancho Viejo National Bank - Overview

  • General
  • FDIC Certificate #: 26465
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: FirstBank (#12508)
    Federal Reserve ID: 718369
    Date Established: Febuary 06, 1986
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Interstate: No)
    FDIC's unique #: 33120
    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: Febuary 06, 1986
    Last Structure Change Effective Date: September 03, 1993
    Last Structure Change Process Date: September 21, 1993
    Last Data Update: September 21, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: F.M. 511 And U.S. 77/83, Olmito, TX 78575
    County: Cameron
    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
    Metropolitan Statistical Area (MSA): Brownsville-Harlingen-San Benito, TX (#1240)
    Combined Statistical Area (CSA): Brownsville-Harlingen-Raymondville, TX (#154)
    Core Based Statistical Area (CBSA): Brownsville-Harlingen, TX (#15180)
    CBSA Metro Statistical Area: Brownsville-Harlingen, TX (#15180)
  • Financial Summary
  • Total assets: $12.7 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $11Total assets
  • $12,613Cash and due from depository institutions
  • $2,517Interest-bearing balances
  • $2,072Securities
  • $2,930Federal funds sold & reverse repurchase agreements
  • $370Net loans & leases
  • $6,295Loan loss allowance
  • $98Trading account assets
  • $0Bank premises and fixed assets
  • $361Other real estate owned
  • $0Goodwill and other intangibles
  • $140Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $12,613Total liabilities
  • $11,421Total deposits
  • $11,385Interest-bearing deposits
  • $10,031Deposits held in domestic offices
  • 11385.00%% insured (estimated)
  • $95Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $36Total equity capital
  • $36Total bank equity capital
  • $1,192Perpetual preferred stock
  • $0Common stock
  • $1,000Surplus
  • $1,000Undivided profits
  • Memoranda
  • $-808Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $89Income earned, not collected on loans
  • $54Earning assets
  • $11,667Long-term assets (5+ years)
  • $344Average Assets, year-to-date
  • $12,177Average Assets, quarterly
  • $12,578Volatile liabilities
  • $3,213Insider loans
  • $107FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $201Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $1,192Total risk weighted assets
  • $6,488Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $914Total interest expense
  • $429Net interest income
  • $485Provision for loan and lease losses
  • $0Total noninterest income
  • $120Fiduciary activities
  • $0Service charges on deposit accounts
  • $101Trading account gains & fees
  • $0Additional noninterest income
  • $19Total noninterest expense
  • $526Salaries and employee benefits
  • $246Premises and equipment expense
  • $146Additional noninterest expense
  • $134Pre-tax net operating income
  • $79Securities gains (losses)
  • $0Applicable income taxes
  • $15Income before extraordinary items
  • $64Extraordinary gains - net
  • $15Net income attributable to bank
  • $79Net charge-offs
  • $61Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.15%Cost of funding earning assets
  • 3.82%Net interest margin
  • 4.32%Noninterest income to earning assets
  • 1.07%Noninterest expense to earning assets
  • 4.69%Net operating income to assets
  • 0.53%Return on assets (ROA)
  • 0.65%Pretax return on assets
  • 0.77%Return on equity (ROE)
  • 6.84%Retained earnings to average equity (YTD only)
  • 6.84%Net charge-offs to loans
  • 1.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 86,942Assets per employee
  • 1.15%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.53%Loss allowance to noncurrent loans
  • 110.11%Noncurrent assets plus other real estate owned to assets
  • 0.71%Noncurrent loans to loans
  • 1.39%Net loans and leases to deposits
  • 55.29%Net loans and leases to core deposits
  • 77.03%Equity capital to assets
  • 9.45%Core capital (leverage) ratio
  • 9.52%Tier 1 risk-based capital ratio
  • 18.37%Total risk-based capital ratio
  • Memoranda
  • $20Average assets
  • $12,177Average earning assets
  • $1,156Average equity
  • $11,220Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Rancho Viejo National Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents