FDIC Certificate #: 26845 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:The First National Bank of Livingston (#3305) Federal Reserve ID: 1007453 Date Established: December 09, 1986 Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 2 (Interstate: No) OTS Docket #: 10547 FDIC's unique #: 36087 Numeric code: 13 Regulator: FED Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: Yes Date of Deposit Insurance: December 09, 1986 Last Structure Change Effective Date: September 11, 1998 Last Structure Change Process Date: September 23, 1998 Last Data Update: September 23, 1998 Data Source Date: April 05, 2012
Location
Address: 1700 West Church Street, Livingston, TX 77351 County: Polk 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
Financial Summary
Total assets: $53.0 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
25Total employees (full-time equivalent)
$51,406Total assets
$13,578Cash and due from depository institutions
$11,387Interest-bearing balances
$20,537Securities
$3,145Federal funds sold & reverse repurchase agreements
$12,448Net loans & leases
$150Loan loss allowance
$0Trading account assets
$1,354Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$344All other assets
$51,406Total liabilities and capital
$46,807Total liabilities
$46,526Total deposits
$37,641Interest-bearing deposits
$46,526Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$281All other liabilities
$4,599Total equity capital
$4,599Total bank equity capital
$4,599Perpetual preferred stock
$0Common stock
$1,000Surplus
$1,000Undivided profits
Memoranda
$2,599Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$78Earning assets
$0Long-term assets (5+ years)
$76Average Assets, year-to-date
$47,517Average Assets, quarterly
$9,885Volatile liabilities
$50,002Insider loans
$50,693FHLB advances
$3,963Loans and leases held for sale
$235Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$785Total unused commitments
$0Restructured Loans and leases
$18,999Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$3,405Total interest income
$1,434Total interest expense
$1,971Net interest income
$93Provision for loan and lease losses
$660Total noninterest income
$0Fiduciary activities
$510Service charges on deposit accounts
$0Trading account gains & fees
$150Additional noninterest income
$1,582Total noninterest expense
$853Salaries and employee benefits
$221Premises and equipment expense
$508Additional noninterest expense
$956Pre-tax net operating income
$0Securities gains (losses)
$325Applicable income taxes
$631Income before extraordinary items
$0Extraordinary gains - net
$631Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$96Sale, conversion, retirement of capital stock, net
$225Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.41%Yield on earning assets
3.12%Cost of funding earning assets
4.29%Net interest margin
1.44%Noninterest income to earning assets
3.44%Noninterest expense to earning assets
1.26%Net operating income to assets
1.26%Return on assets (ROA)
1.91%Pretax return on assets
14.61%Return on equity (ROE)
9.40%Retained earnings to average equity (YTD only)
0.74%Net charge-offs to loans
96.88%Credit loss provision to net charge-offs
10.93%Efficiency ratio
60,129Assets per employee
2.06%Cash dividends to net income (YTD only)
Condition Ratios (%)
35.66%Loss allowance to loans
1.19%Loss allowance to noncurrent loans
192.31%Noncurrent assets plus other real estate owned to assets
0.15%Noncurrent loans to loans
0.62%Net loans and leases to deposits
26.75%Net loans and leases to core deposits
29.25%Equity capital to assets
8.95%Core capital (leverage) ratio
8.94%Tier 1 risk-based capital ratio
24.02%Total risk-based capital ratio
Memoranda
$25Average assets
$50,002Average earning assets
$4,319Average equity
$45,969Average loans
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