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

Texas National Bank - Overview

  • General
  • FDIC Certificate #: 3337
    Status: Active
    Federal Reserve ID: 497954
    Bank Holding Company (Regulatory Top Holder): Mnb Ventures, Inc. (RSSDID: 3305434, Location: Mercedes, TX)
    Date Established: November 26, 1920
    WWW: http://www.texasnational.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 2159
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 201 S. Texas, Mercedes, TX 78570
    County: Hidalgo
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Houston
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): McAllen-Edinburg-Mission, TX (#4880)
    Core Based Statistical Area (CBSA): McAllen-Edinburg-Mission, TX (#32580)
    CBSA Metro Statistical Area: McAllen-Edinburg-Mission, TX (#32580)
  • History of Changes
  • Change in Location
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $93.0 mil
    Equity capital: $10.8 mil
    Deposits held in domestic offices: $71.9 mil
    Return on assets (ROA): 1.20% ($1.1 mil)
    Quarterly return on assets: 0.80% ($0.7 mil)
    Return on Equity (ROE): 9.94% ($1.1 mil)
    Quarterly return on equity: 6.92% ($0.8 mil)
    Net income: $1.0 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 1.82% ($1,692.7 mil)
    Quarterly Pretax return on assets: 1.23% ($1,143.9 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, 2011)

  • Dollar figures in thousands
  • 30Total employees (full-time equivalent)
  • $93,004Total assets
  • $8,762Cash and due from depository institutions
  • $7,256Interest-bearing balances
  • $13,230Securities
  • $515Federal funds sold & reverse repurchase agreements
  • $63,878Net loans & leases
  • $1,309Loan loss allowance
  • $0Trading account assets
  • $2,792Bank premises and fixed assets
  • $981Other real estate owned
  • $0Goodwill and other intangibles
  • $93,004Life insurance assets
  • $2,846All other assets
  • $82,183Total liabilities and capital
  • $71,852Total liabilities
  • $61,784Total deposits
  • $71,852Interest-bearing deposits
  • $88Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $10,000Trading liabilities
  • $0Other borrowed funds
  • $331Subordinated debt
  • $10,821All other liabilities
  • $10,821Total equity capital
  • $10,821Total bank equity capital
  • $0Perpetual preferred stock
  • $200Common stock
  • $13,220Surplus
  • $-2,599Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $869Income earned, not collected on loans
  • $132Earning assets
  • $605Long-term assets (5+ years)
  • $84,879Average Assets, year-to-date
  • $27,112Average Assets, quarterly
  • $83,317Volatile liabilities
  • $92,576Insider loans
  • $56,878FHLB advances
  • $92,342Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $10,028Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,784Restructured Loans and leases
  • $2,117Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,596Total interest income
  • $899Total interest expense
  • $4,697Net interest income
  • $70Provision for loan and lease losses
  • $744Total noninterest income
  • $0Fiduciary activities
  • $511Service charges on deposit accounts
  • $0Trading account gains & fees
  • $233Additional noninterest income
  • $3,913Total noninterest expense
  • $1,853Salaries and employee benefits
  • $561Premises and equipment expense
  • $1,499Additional noninterest expense
  • $1,458Pre-tax net operating income
  • $61Securities gains (losses)
  • $519Applicable income taxes
  • $1,000Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,000Net income attributable to bank
  • $0Net charge-offs
  • $1,000Cash dividends
  • $169Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.46%Yield on earning assets
  • 1.20%Cost of funding earning assets
  • 6.26%Net interest margin
  • 0.99%Noninterest income to earning assets
  • 5.21%Noninterest expense to earning assets
  • 1.15%Net operating income to assets
  • 1.20%Return on assets (ROA)
  • 1.82%Pretax return on assets
  • 9.94%Return on equity (ROE)
  • 9.94%Retained earnings to average equity (YTD only)
  • 0.28%Net charge-offs to loans
  • 41.42%Credit loss provision to net charge-offs
  • 9.04%Efficiency ratio
  • 71,917Assets per employee
  • 3.10%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.01%Loss allowance to noncurrent loans
  • 150.63%Noncurrent assets plus other real estate owned to assets
  • 1.99%Noncurrent loans to loans
  • 1.33%Net loans and leases to deposits
  • 88.90%Net loans and leases to core deposits
  • 100.54%Equity capital to assets
  • 11.63%Core capital (leverage) ratio
  • 10.86%Tier 1 risk-based capital ratio
  • 17.63%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $83,317Average earning assets
  • $10,062Average equity
  • $75,059Average loans

List of branches

  • 2 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    02159Texas National Bank201 S. Texas, Mercedes, TX 78570November 26, 1920Full Service Brick and Mortar
    2467926South Jackson Branch4908 South Jackson Street, Edinburg, TX 78539July 19, 2007Full Service Brick and Mortar

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