The Bank of Navasota, National Association in Navasota, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 01, 2007

  • The Bank of Navasota, National Association in Navasota, Texas (TX)
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The Bank of Navasota, National Association - Overview

  • General
  • FDIC Certificate #: 24495
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Prosperity Bank (#16835)
    Federal Reserve ID: 950365
    Date Established: May 09, 1983
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Interstate: No)
    FDIC's unique #: 17022
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: May 09, 1983
    Last Structure Change Effective Date: September 01, 2007
    Last Structure Change Process Date: October 10, 2007
    Last Data Update: October 10, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 109 West Washington Avenue, Navasota, TX 77868
    County: Grimes
    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: $73.4 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, 2006)

  • Dollar figures in thousands
  • 22Total employees (full-time equivalent)
  • $73,758Total assets
  • $5,001Cash and due from depository institutions
  • $0Interest-bearing balances
  • $23,051Securities
  • $8,595Federal funds sold & reverse repurchase agreements
  • $34,841Net loans & leases
  • $644Loan loss allowance
  • $0Trading account assets
  • $566Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $1,001Life insurance assets
  • $1,704All other assets
  • $73,758Total liabilities and capital
  • $65,024Total liabilities
  • $64,050Total deposits
  • $47,325Interest-bearing deposits
  • $64,050Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $974All other liabilities
  • $8,734Total equity capital
  • $8,734Total bank equity capital
  • $8,734Perpetual preferred stock
  • $0Common stock
  • $830Surplus
  • $830Undivided profits
  • Memoranda
  • $7,074Noncurrent loans and leases
  • $681Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $725Earning assets
  • $0Long-term assets (5+ years)
  • $586Average Assets, year-to-date
  • $66,487Average Assets, quarterly
  • $7,435Volatile liabilities
  • $75,672Insider loans
  • $74,691FHLB advances
  • $11,990Loans and leases held for sale
  • $442Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $681Total unused commitments
  • $0Restructured Loans and leases
  • $505Derivatives

Income and Expense (December 31, 2006)

  • Dollar figures in thousands
  • $4,485Total interest income
  • $1,130Total interest expense
  • $3,355Net interest income
  • $200Provision for loan and lease losses
  • $784Total noninterest income
  • $0Fiduciary activities
  • $590Service charges on deposit accounts
  • $0Trading account gains & fees
  • $194Additional noninterest income
  • $2,325Total noninterest expense
  • $1,270Salaries and employee benefits
  • $254Premises and equipment expense
  • $801Additional noninterest expense
  • $1,614Pre-tax net operating income
  • $0Securities gains (losses)
  • $483Applicable income taxes
  • $1,131Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,131Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $286Sale, conversion, retirement of capital stock, net
  • $415Net operating income

Performance and Condition Ratios (December 31, 2006)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.63%Yield on earning assets
  • 1.67%Cost of funding earning assets
  • 4.96%Net interest margin
  • 1.16%Noninterest income to earning assets
  • 3.44%Noninterest expense to earning assets
  • 1.49%Net operating income to assets
  • 1.49%Return on assets (ROA)
  • 2.13%Pretax return on assets
  • 13.41%Return on equity (ROE)
  • 8.49%Retained earnings to average equity (YTD only)
  • 0.79%Net charge-offs to loans
  • 69.93%Credit loss provision to net charge-offs
  • 6.34%Efficiency ratio
  • 56,173Assets per employee
  • 3.35%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 36.69%Loss allowance to loans
  • 1.81%Loss allowance to noncurrent loans
  • 88.83%Noncurrent assets plus other real estate owned to assets
  • 0.98%Noncurrent loans to loans
  • 2.04%Net loans and leases to deposits
  • 54.40%Net loans and leases to core deposits
  • 66.92%Equity capital to assets
  • 11.84%Core capital (leverage) ratio
  • 11.89%Tier 1 risk-based capital ratio
  • 22.16%Total risk-based capital ratio
  • Memoranda
  • $23Average assets
  • $75,672Average earning assets
  • $8,433Average equity
  • $67,624Average loans

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