Riverside National Bank in Grand Prairie, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 16, 1996

  • Riverside National Bank in Grand Prairie, Texas (TX)
  • Show street view No street view available for this location

Riverside National Bank - Overview

  • General
  • FDIC Certificate #: 26578
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First State Bank of Texas (#10348)
    Federal Reserve ID: 455057
    Date Established: Febuary 13, 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 #: 35280
    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 13, 1986
    Last Structure Change Effective Date: August 16, 1996
    Last Structure Change Process Date: September 17, 1996
    Last Data Update: September 17, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 2505 State Highway 360, Grand Prairie, TX 75050
    County: Dallas
    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): Dallas, TX (#1920)
    Consolidated Metropolitan Statistical Area (CMSA): Dallas-Fort Worth, TX (#31)
    Combined Statistical Area (CSA): Dallas-Fort Worth, TX (#206)
    Core Based Statistical Area (CBSA): Dallas-Fort Worth-Arlington, TX (#19100)
    CBSA Metro Statistical Area: Dallas-Fort Worth-Arlington, TX (#19100)
    Core Based Statistical Division: Dallas-Plano-Irving, TX (#19124)
  • Financial Summary
  • Total assets: $46.5 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $31Total assets
  • $48,331Cash and due from depository institutions
  • $2,540Interest-bearing balances
  • $100Securities
  • $18,128Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $25,055Loan loss allowance
  • $309Trading account assets
  • $0Bank premises and fixed assets
  • $937Other real estate owned
  • $524Goodwill and other intangibles
  • $1,147Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $48,331Total liabilities
  • $42,634Total deposits
  • $41,509Interest-bearing deposits
  • $28,025Deposits held in domestic offices
  • 41509.00%% insured (estimated)
  • $87Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $725Subordinated debt
  • $0All other liabilities
  • $400Total equity capital
  • $400Total bank equity capital
  • $5,697Perpetual preferred stock
  • $0Common stock
  • $1,750Surplus
  • $9,725Undivided profits
  • Memoranda
  • $-5,778Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $183Income earned, not collected on loans
  • $213Earning assets
  • $43,283Long-term assets (5+ years)
  • $11,230Average Assets, year-to-date
  • $46,518Average Assets, quarterly
  • $48,680Volatile liabilities
  • $6,704Insider loans
  • $1,624FHLB advances
  • $0Loans and leases held for sale
  • $1,172Unused loan commitments
  • $3,784Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $5,595Total risk weighted assets
  • $32,180Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $3,708Total interest expense
  • $1,182Net interest income
  • $2,526Provision for loan and lease losses
  • -$211Total noninterest income
  • $790Fiduciary activities
  • $0Service charges on deposit accounts
  • $425Trading account gains & fees
  • $0Additional noninterest income
  • $365Total noninterest expense
  • $2,516Salaries and employee benefits
  • $1,413Premises and equipment expense
  • $412Additional noninterest expense
  • $691Pre-tax net operating income
  • $1,011Securities gains (losses)
  • $12Applicable income taxes
  • -$184Income before extraordinary items
  • $1,207Extraordinary gains - net
  • $0Net income attributable to bank
  • $1,207Net charge-offs
  • $31Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 9.01%Cost of funding earning assets
  • 2.87%Net interest margin
  • 6.14%Noninterest income to earning assets
  • 1.92%Noninterest expense to earning assets
  • 6.11%Net operating income to assets
  • 2.57%Return on assets (ROA)
  • 2.59%Pretax return on assets
  • 2.20%Return on equity (ROE)
  • 24.66%Retained earnings to average equity (YTD only)
  • 24.66%Net charge-offs to loans
  • 0.12%Credit loss provision to net charge-offs
  • -680.65%Efficiency ratio
  • 75,875Assets per employee
  • 1.56%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.22%Loss allowance to noncurrent loans
  • 168.85%Noncurrent assets plus other real estate owned to assets
  • 1.46%Noncurrent loans to loans
  • 0.72%Net loans and leases to deposits
  • 60.36%Net loans and leases to core deposits
  • 70.52%Equity capital to assets
  • 11.79%Core capital (leverage) ratio
  • 11.16%Tier 1 risk-based capital ratio
  • 17.39%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $46,518Average earning assets
  • $4,894Average equity
  • $41,171Average loans

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