Shelby-Panola Savings Association in Carthage, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 13, 1995

  • Shelby-Panola Savings Association in Carthage, Texas (TX)
  • Show street view No street view available for this location

Shelby-Panola Savings Association - Overview

  • General
  • FDIC Certificate #: 30891
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: First Federal Savings Bank of North Texas (#29221)
    Federal Reserve ID: 760377
    Date Established: August 01, 1956
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 6070
    FDIC's unique #: 43725
    Numeric code: 35
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: Yes
    Date of Deposit Insurance: August 01, 1956
    Last Structure Change Effective Date: July 13, 1995
    Last Structure Change Process Date: July 20, 1995
    Last Data Update: January 31, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 119 South Market Street, Carthage, TX 75633
    County: Panola
    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
  • History of Changes
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $56.5 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $11Total assets
  • $55,978Cash and due from depository institutions
  • $3,296Interest-bearing balances
  • $3,055Securities
  • $34,465Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $15,933Loan loss allowance
  • $143Trading account assets
  • $0Bank premises and fixed assets
  • $247Other real estate owned
  • $431Goodwill and other intangibles
  • $1,606Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $55,978Total liabilities
  • $45,580Total deposits
  • $45,207Interest-bearing deposits
  • $45,207Deposits held in domestic offices
  • 45207.00%% insured (estimated)
  • $98Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $373Total equity capital
  • $373Total bank equity capital
  • $10,398Perpetual preferred stock
  • $0Common stock
  • $378Surplus
  • $1,422Undivided profits
  • Memoranda
  • $8,598Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,016Income earned, not collected on loans
  • $114Earning assets
  • $53,453Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $59,996Average Assets, quarterly
  • $56,507Volatile liabilities
  • $2,215Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $78Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $10,347Total risk weighted assets
  • $18,661Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $3,441Total interest expense
  • $1,566Net interest income
  • $1,875Provision for loan and lease losses
  • -$56Total noninterest income
  • $99Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $99Total noninterest expense
  • $873Salaries and employee benefits
  • $542Premises and equipment expense
  • $76Additional noninterest expense
  • $255Pre-tax net operating income
  • $1,157Securities gains (losses)
  • -$81Applicable income taxes
  • $308Income before extraordinary items
  • $768Extraordinary gains - net
  • $0Net income attributable to bank
  • $768Net charge-offs
  • $3Cash dividends
  • $189Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 5.98%Cost of funding earning assets
  • 2.72%Net interest margin
  • 3.26%Noninterest income to earning assets
  • 0.17%Noninterest expense to earning assets
  • 1.52%Net operating income to assets
  • 1.38%Return on assets (ROA)
  • 1.28%Pretax return on assets
  • 1.79%Return on equity (ROE)
  • 7.61%Retained earnings to average equity (YTD only)
  • 5.74%Net charge-offs to loans
  • 0.02%Credit loss provision to net charge-offs
  • -1866.67%Efficiency ratio
  • 44,225Assets per employee
  • 5.09%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 24.61%Loss allowance to loans
  • 0.89%Loss allowance to noncurrent loans
  • 14.07%Noncurrent assets plus other real estate owned to assets
  • 2.36%Noncurrent loans to loans
  • 6.32%Net loans and leases to deposits
  • 35.24%Net loans and leases to core deposits
  • 37.06%Equity capital to assets
  • 18.58%Core capital (leverage) ratio
  • 18.50%Tier 1 risk-based capital ratio
  • 55.45%Total risk-based capital ratio
  • Memoranda
  • $54Average assets
  • $59,996Average earning assets
  • $10,091Average equity
  • $57,553Average loans

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

CAPTCHA

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Shelby-Panola Savings Association.
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