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

This bank is inactive as of October 02, 2000

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

Seminole National Bank - Overview

  • General
  • FDIC Certificate #: 25066
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: West Texas National Bank (#16896)
    Federal Reserve ID: 401960
    Date Established: March 16, 1984
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Interstate: No)
    FDIC's unique #: 17352
    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: March 16, 1984
    Last Structure Change Effective Date: October 02, 2000
    Last Structure Change Process Date: November 30, 2000
    Last Data Update: November 30, 2000
    Data Source Date: April 05, 2012
  • Location
  • Address: 200 Southeast Avenue B, Seminole, TX 79360
    County: Gaines
    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
  • Financial Summary
  • Total assets: $69.5 mil

1992 - 1999 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, 1999)

  • Dollar figures in thousands
  • 35Total employees (full-time equivalent)
  • $71,673Total assets
  • $5,492Cash and due from depository institutions
  • $99Interest-bearing balances
  • $28,981Securities
  • $6,400Federal funds sold & reverse repurchase agreements
  • $27,284Net loans & leases
  • $693Loan loss allowance
  • $0Trading account assets
  • $1,830Bank premises and fixed assets
  • $0Other real estate owned
  • $570Goodwill and other intangibles
  • $0Life insurance assets
  • $1,116All other assets
  • $71,673Total liabilities and capital
  • $66,981Total liabilities
  • $66,772Total deposits
  • $49,227Interest-bearing deposits
  • $66,772Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $209All other liabilities
  • $4,692Total equity capital
  • $4,692Total bank equity capital
  • $4,692Perpetual preferred stock
  • $0Common stock
  • $1,350Surplus
  • $1,350Undivided profits
  • Memoranda
  • $1,992Noncurrent loans and leases
  • $7,466Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $239Earning assets
  • $0Long-term assets (5+ years)
  • $706Average Assets, year-to-date
  • $62,764Average Assets, quarterly
  • $12,391Volatile liabilities
  • $69,678Insider loans
  • $69,724FHLB advances
  • $9,063Loans and leases held for sale
  • $1,733Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $7,466Total unused commitments
  • $312Restructured Loans and leases
  • $470Derivatives

Income and Expense (December 31, 1999)

  • Dollar figures in thousands
  • $4,684Total interest income
  • $2,025Total interest expense
  • $2,659Net interest income
  • $75Provision for loan and lease losses
  • $401Total noninterest income
  • $0Fiduciary activities
  • $359Service charges on deposit accounts
  • $0Trading account gains & fees
  • $42Additional noninterest income
  • $1,998Total noninterest expense
  • $969Salaries and employee benefits
  • $439Premises and equipment expense
  • $590Additional noninterest expense
  • $987Pre-tax net operating income
  • $2Securities gains (losses)
  • $10Applicable income taxes
  • $979Income before extraordinary items
  • $0Extraordinary gains - net
  • $979Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $20Sale, conversion, retirement of capital stock, net
  • $796Net operating income

Performance and Condition Ratios (December 31, 1999)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.48%Yield on earning assets
  • 3.23%Cost of funding earning assets
  • 4.25%Net interest margin
  • 0.64%Noninterest income to earning assets
  • 3.19%Noninterest expense to earning assets
  • 1.40%Net operating income to assets
  • 1.41%Return on assets (ROA)
  • 1.42%Pretax return on assets
  • 19.79%Return on equity (ROE)
  • 3.70%Retained earnings to average equity (YTD only)
  • 0.08%Net charge-offs to loans
  • 375.00%Credit loss provision to net charge-offs
  • 53.10%Efficiency ratio
  • 64,575Assets per employee
  • 2.05%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 81.31%Loss allowance to loans
  • 2.48%Loss allowance to noncurrent loans
  • 289.96%Noncurrent assets plus other real estate owned to assets
  • 0.33%Noncurrent loans to loans
  • 0.85%Net loans and leases to deposits
  • 40.86%Net loans and leases to core deposits
  • 47.28%Equity capital to assets
  • 6.55%Core capital (leverage) ratio
  • 7.03%Tier 1 risk-based capital ratio
  • 13.01%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $69,678Average earning assets
  • $4,946Average equity
  • $62,612Average 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 Seminole National Bank.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents