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

This bank is inactive as of October 01, 1993

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

Salado National Bank - Overview

  • General
  • FDIC Certificate #: 22841
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First State Bank Central Texas (#11151)
    Federal Reserve ID: 993764
    Date Established: April 09, 1979
    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 #: 15957
    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: April 09, 1979
    Last Structure Change Effective Date: October 01, 1993
    Last Structure Change Process Date: November 03, 1993
    Last Data Update: November 03, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: Main And Thomas Arnold, Salado, TX 76571
    County: Bell
    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): Killeen-Temple, TX (#3810)
    Core Based Statistical Area (CBSA): Killeen-Temple-Fort Hood, TX (#28660)
    CBSA Metro Statistical Area: Killeen-Temple-Fort Hood, TX (#28660)
  • Financial Summary
  • Total assets: $17.9 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $10Total assets
  • $18,198Cash and due from depository institutions
  • $2,660Interest-bearing balances
  • $1,191Securities
  • $5,591Federal funds sold & reverse repurchase agreements
  • $531Net loans & leases
  • $8,685Loan loss allowance
  • $224Trading account assets
  • $0Bank premises and fixed assets
  • $264Other real estate owned
  • $288Goodwill and other intangibles
  • $179Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $18,198Total liabilities
  • $16,930Total deposits
  • $16,856Interest-bearing deposits
  • $14,094Deposits held in domestic offices
  • 16856.00%% insured (estimated)
  • $91Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $74Total equity capital
  • $74Total bank equity capital
  • $1,268Perpetual preferred stock
  • $0Common stock
  • $375Surplus
  • $375Undivided profits
  • Memoranda
  • $518Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $306Income earned, not collected on loans
  • $70Earning assets
  • $15,998Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $17,040Average Assets, quarterly
  • $17,617Volatile liabilities
  • $1,032Insider loans
  • $108FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $609Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $1,268Total risk weighted assets
  • $8,386Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $1,273Total interest expense
  • $545Net interest income
  • $728Provision for loan and lease losses
  • $23Total noninterest income
  • $148Fiduciary activities
  • $0Service charges on deposit accounts
  • $86Trading account gains & fees
  • $0Additional noninterest income
  • $62Total noninterest expense
  • $726Salaries and employee benefits
  • $287Premises and equipment expense
  • $55Additional noninterest expense
  • $384Pre-tax net operating income
  • $127Securities gains (losses)
  • $0Applicable income taxes
  • $33Income before extraordinary items
  • $94Extraordinary gains - net
  • $0Net income attributable to bank
  • $94Net charge-offs
  • $63Cash 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
  • 8.39%Cost of funding earning assets
  • 3.59%Net interest margin
  • 4.80%Noninterest income to earning assets
  • 0.97%Noninterest expense to earning assets
  • 4.78%Net operating income to assets
  • 0.55%Return on assets (ROA)
  • 0.55%Pretax return on assets
  • 0.75%Return on equity (ROE)
  • 7.63%Retained earnings to average equity (YTD only)
  • 7.63%Net charge-offs to loans
  • 0.71%Credit loss provision to net charge-offs
  • 36.51%Efficiency ratio
  • 82,877Assets per employee
  • 1.82%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.51%Loss allowance to noncurrent loans
  • 73.20%Noncurrent assets plus other real estate owned to assets
  • 3.26%Noncurrent loans to loans
  • 3.43%Net loans and leases to deposits
  • 51.52%Net loans and leases to core deposits
  • 54.88%Equity capital to assets
  • 6.97%Core capital (leverage) ratio
  • 7.14%Tier 1 risk-based capital ratio
  • 15.12%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $17,040Average earning assets
  • $1,232Average equity
  • $15,180Average 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 Salado 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