Sanderson State Bank in Sanderson, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 12, 2008

  • Sanderson State Bank in Sanderson, Texas (TX)
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Sanderson State Bank - Overview

  • General
  • FDIC Certificate #: 11568
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: The Pecos County State Bank (#13006)
    Federal Reserve ID: 519267
    Date Established: July 01, 1907
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    OTS Docket #: 13951
    FDIC's unique #: 7390
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: December 12, 2008
    Last Structure Change Process Date: December 12, 2008
    Last Data Update: December 12, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 216 West Oak Street, Sanderson, TX 79848
    County: Terrell
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Lubbock
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
  • History of Changes
  • Absorption - Assisted
    Corrections
  • Financial Summary
  • Total assets: $38.2 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, 2007)

  • Dollar figures in thousands
  • 18Total employees (full-time equivalent)
  • $44,280Total assets
  • $827Cash and due from depository institutions
  • $12Interest-bearing balances
  • $2,487Securities
  • $1,320Federal funds sold & reverse repurchase agreements
  • $35,217Net loans & leases
  • $83Loan loss allowance
  • $0Trading account assets
  • $672Bank premises and fixed assets
  • $2,022Other real estate owned
  • $781Goodwill and other intangibles
  • $0Life insurance assets
  • $954All other assets
  • $44,280Total liabilities and capital
  • $39,271Total liabilities
  • $38,090Total deposits
  • $32,704Interest-bearing deposits
  • $38,090Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $700Other borrowed funds
  • $0Subordinated debt
  • $481All other liabilities
  • $5,009Total equity capital
  • $5,009Total bank equity capital
  • $5,009Perpetual preferred stock
  • $0Common stock
  • $200Surplus
  • $4,967Undivided profits
  • Memoranda
  • $-158Noncurrent loans and leases
  • $3,047Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $349Earning assets
  • $0Long-term assets (5+ years)
  • $330Average Assets, year-to-date
  • $39,036Average Assets, quarterly
  • $2,026Volatile liabilities
  • $40,473Insider loans
  • $39,898FHLB advances
  • $29,156Loans and leases held for sale
  • $22Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $12,602Total risk weighted assets
  • $3,047Total unused commitments
  • $0Restructured Loans and leases
  • $83Derivatives

Income and Expense (December 31, 2007)

  • Dollar figures in thousands
  • $2,882Total interest income
  • $1,473Total interest expense
  • $1,409Net interest income
  • $28Provision for loan and lease losses
  • $35Total noninterest income
  • $0Fiduciary activities
  • $3Service charges on deposit accounts
  • $0Trading account gains & fees
  • $32Additional noninterest income
  • $1,508Total noninterest expense
  • $674Salaries and employee benefits
  • $270Premises and equipment expense
  • $564Additional noninterest expense
  • -$92Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • -$92Income before extraordinary items
  • $0Extraordinary gains - net
  • -$92Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $39Sale, conversion, retirement of capital stock, net
  • $20Net operating income

Performance and Condition Ratios (December 31, 2007)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.08%Yield on earning assets
  • 4.13%Cost of funding earning assets
  • 3.95%Net interest margin
  • 0.10%Noninterest income to earning assets
  • 4.23%Noninterest expense to earning assets
  • -0.23%Net operating income to assets
  • -0.23%Return on assets (ROA)
  • -0.23%Pretax return on assets
  • -1.79%Return on equity (ROE)
  • -2.18%Retained earnings to average equity (YTD only)
  • 0.12%Net charge-offs to loans
  • 71.79%Credit loss provision to net charge-offs
  • -1.64%Efficiency ratio
  • 104,432Assets per employee
  • 2.46%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -21.74%Loss allowance to loans
  • 0.24%Loss allowance to noncurrent loans
  • 23.78%Noncurrent assets plus other real estate owned to assets
  • 5.35%Noncurrent loans to loans
  • 0.99%Net loans and leases to deposits
  • 92.46%Net loans and leases to core deposits
  • 394.19%Equity capital to assets
  • 11.31%Core capital (leverage) ratio
  • 12.28%Tier 1 risk-based capital ratio
  • 12.00%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $40,473Average earning assets
  • $5,132Average equity
  • $35,649Average loans

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