FDIC Certificate #: 24027 Status: Inactive Closing history: Consolidated - Without Assistance Acquiring institution:The American National Bank of Texas (#23474) Federal Reserve ID: 244055 Date Established: October 01, 1982 Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 2 (Interstate: No) OTS Docket #: 14532 FDIC's unique #: 16750 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: October 01, 1982 Last Structure Change Effective Date: June 01, 1999 Last Structure Change Process Date: June 18, 1999 Last Data Update: June 18, 1999 Data Source Date: April 05, 2012
Location
Address: Highway 243, Traders Square, Canton, TX 75103 County: Van Zandt 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
Financial Summary
Total assets: $66.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
20Total employees (full-time equivalent)
$71,161Total assets
$3,371Cash and due from depository institutions
$0Interest-bearing balances
$25,203Securities
$12,800Federal funds sold & reverse repurchase agreements
$21,098Net loans & leases
$240Loan loss allowance
$0Trading account assets
$1,019Bank premises and fixed assets
$0Other real estate owned
$6,999Goodwill and other intangibles
$0Life insurance assets
$671All other assets
$71,161Total liabilities and capital
$60,965Total liabilities
$58,285Total deposits
$47,616Interest-bearing deposits
$58,285Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$2,414Other borrowed funds
$0Subordinated debt
$266All other liabilities
$10,196Total equity capital
$10,196Total bank equity capital
$10,196Perpetual preferred stock
$0Common stock
$1,366Surplus
$8,734Undivided profits
Memoranda
$96Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$82Earning assets
$0Long-term assets (5+ years)
$111Average Assets, year-to-date
$59,101Average Assets, quarterly
$14,123Volatile liabilities
$65,362Insider loans
$68,957FHLB advances
$7,377Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,485Total unused commitments
$0Restructured Loans and leases
$34,292Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$1,298Total interest income
$669Total interest expense
$629Net interest income
$24Provision for loan and lease losses
$157Total noninterest income
$0Fiduciary activities
$128Service charges on deposit accounts
$0Trading account gains & fees
$29Additional noninterest income
$600Total noninterest expense
$239Salaries and employee benefits
$69Premises and equipment expense
$292Additional noninterest expense
$162Pre-tax net operating income
$0Securities gains (losses)
$95Applicable income taxes
$67Income before extraordinary items
$0Extraordinary gains - net
$67Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$108Sale, conversion, retirement of capital stock, net
$257Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
2.27%Yield on earning assets
1.17%Cost of funding earning assets
1.10%Net interest margin
0.27%Noninterest income to earning assets
1.05%Noninterest expense to earning assets
0.10%Net operating income to assets
0.10%Return on assets (ROA)
0.25%Pretax return on assets
0.85%Return on equity (ROE)
-2.42%Retained earnings to average equity (YTD only)
0.45%Net charge-offs to loans
40.00%Credit loss provision to net charge-offs
1.72%Efficiency ratio
61,323Assets per employee
3.56%Cash dividends to net income (YTD only)
Condition Ratios (%)
383.58%Loss allowance to loans
1.12%Loss allowance to noncurrent loans
292.68%Noncurrent assets plus other real estate owned to assets
0.12%Noncurrent loans to loans
0.38%Net loans and leases to deposits
36.20%Net loans and leases to core deposits
41.44%Equity capital to assets
14.33%Core capital (leverage) ratio
5.17%Tier 1 risk-based capital ratio
9.24%Total risk-based capital ratio
Memoranda
$10Average assets
$65,362Average earning assets
$7,846Average equity
$57,200Average loans
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