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

This bank is inactive as of Febuary 24, 1995

  • Texas National Bank of Midland in Midland, Texas (TX)
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Texas National Bank of Midland - Overview

  • General
  • FDIC Certificate #: 24182
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Norwest Bank Texas, Midland, National Association (#33843)
    Federal Reserve ID: 413253
    Date Established: October 29, 1982
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 3 (Interstate: No)
    FDIC's unique #: 16836
    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: October 29, 1982
    Last Structure Change Effective Date: Febuary 24, 1995
    Last Structure Change Process Date: March 03, 1995
    Last Data Update: March 03, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 2408 North Big Spring, Midland, TX 79702
    County: Midland
    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
    Metropolitan Statistical Area (MSA): Odessa-Midland, TX (#5800)
    Combined Statistical Area (CSA): Midland-Odessa, TX (#372)
    Core Based Statistical Area (CBSA): Midland, TX (#33260)
    CBSA Metro Statistical Area: Midland, TX (#33260)
  • Financial Summary
  • Total assets: $186.2 mil

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

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $78Total assets
  • $186,208Cash and due from depository institutions
  • $13,502Interest-bearing balances
  • $0Securities
  • $9,822Federal funds sold & reverse repurchase agreements
  • $34,700Net loans & leases
  • $103,610Loan loss allowance
  • $3,202Trading account assets
  • $0Bank premises and fixed assets
  • $2,642Other real estate owned
  • $43Goodwill and other intangibles
  • $10,332Life insurance assets
  • $11,557All other assets
  • $0Total liabilities and capital
  • $186,208Total liabilities
  • $161,495Total deposits
  • $156,711Interest-bearing deposits
  • $114,749Deposits held in domestic offices
  • 156711.00%% insured (estimated)
  • $75Federal funds purchased & repurchase agreements
  • $1,900Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $2,884Total equity capital
  • $2,884Total bank equity capital
  • $24,713Perpetual preferred stock
  • $0Common stock
  • $4,450Surplus
  • $19,937Undivided profits
  • Memoranda
  • $326Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $510Income earned, not collected on loans
  • $695Earning assets
  • $148,132Long-term assets (5+ years)
  • $2,887Average Assets, year-to-date
  • $176,670Average Assets, quarterly
  • $179,485Volatile liabilities
  • $23,383Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $24,820Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $13,156Total risk weighted assets
  • $130,376Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $1,218Total interest expense
  • $359Net interest income
  • $859Provision for loan and lease losses
  • $0Total noninterest income
  • $136Fiduciary activities
  • $0Service charges on deposit accounts
  • $41Trading account gains & fees
  • $0Additional noninterest income
  • $95Total noninterest expense
  • $557Salaries and employee benefits
  • $241Premises and equipment expense
  • $122Additional noninterest expense
  • $194Pre-tax net operating income
  • $438Securities gains (losses)
  • -$102Applicable income taxes
  • $10Income before extraordinary items
  • $326Extraordinary gains - net
  • $0Net income attributable to bank
  • $326Net charge-offs
  • $5Cash dividends
  • $0Sale, 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
  • 0.78%Cost of funding earning assets
  • 0.23%Net interest margin
  • 0.55%Noninterest income to earning assets
  • 0.09%Noninterest expense to earning assets
  • 0.36%Net operating income to assets
  • 0.24%Return on assets (ROA)
  • 0.18%Pretax return on assets
  • 0.19%Return on equity (ROE)
  • 2.00%Retained earnings to average equity (YTD only)
  • 2.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 49,447Assets per employee
  • 2.39%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.00%Loss allowance to noncurrent loans
  • 627.84%Noncurrent assets plus other real estate owned to assets
  • 0.30%Noncurrent loans to loans
  • 0.48%Net loans and leases to deposits
  • 66.12%Net loans and leases to core deposits
  • 76.62%Equity capital to assets
  • 13.27%Core capital (leverage) ratio
  • 7.53%Tier 1 risk-based capital ratio
  • 10.09%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $176,670Average earning assets
  • $16,296Average equity
  • $155,213Average loans

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