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

This bank is inactive as of April 12, 1996

  • The Citizens National Bank of Weatherford in Weatherford, Texas (TX)
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The Citizens National Bank of Weatherford - Overview

  • General
  • FDIC Certificate #: 5576
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Financial Bank, National Association (#25273)
    Federal Reserve ID: 430960
    Date Established: January 01, 1868
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Interstate: No)
    FDIC's unique #: 3796
    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: January 01, 1934
    Last Structure Change Effective Date: April 12, 1996
    Last Structure Change Process Date: April 25, 1996
    Last Data Update: April 25, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 101 North Main Street, Weatherford, TX 76086
    County: Parker
    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
    Metropolitan Statistical Area (MSA): Fort Worth-Arlington, TX (#2800)
    Consolidated Metropolitan Statistical Area (CMSA): Dallas-Fort Worth, TX (#31)
    Combined Statistical Area (CSA): Dallas-Fort Worth, TX (#206)
    Core Based Statistical Area (CBSA): Dallas-Fort Worth-Arlington, TX (#19100)
    CBSA Metro Statistical Area: Dallas-Fort Worth-Arlington, TX (#19100)
    Core Based Statistical Division: Fort Worth-Arlington, TX (#23104)
  • Financial Summary
  • Total assets: $94.4 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $49Total assets
  • $93,525Cash and due from depository institutions
  • $4,626Interest-bearing balances
  • $595Securities
  • $44,683Federal funds sold & reverse repurchase agreements
  • $4,489Net loans & leases
  • $36,017Loan loss allowance
  • $800Trading account assets
  • $0Bank premises and fixed assets
  • $2,295Other real estate owned
  • $522Goodwill and other intangibles
  • $814Life insurance assets
  • $79All other assets
  • $0Total liabilities and capital
  • $93,525Total liabilities
  • $85,210Total deposits
  • $84,195Interest-bearing deposits
  • $70,037Deposits held in domestic offices
  • 84195.00%% insured (estimated)
  • $95Federal funds purchased & repurchase agreements
  • $475Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $540Total equity capital
  • $540Total bank equity capital
  • $8,315Perpetual preferred stock
  • $0Common stock
  • $458Surplus
  • $459Undivided profits
  • Memoranda
  • $7,398Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $265Income earned, not collected on loans
  • $296Earning assets
  • $85,784Long-term assets (5+ years)
  • $27,453Average Assets, year-to-date
  • $92,164Average Assets, quarterly
  • $91,579Volatile liabilities
  • $10,091Insider loans
  • $230FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $4,238Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $8,386Total risk weighted assets
  • $48,657Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $6,717Total interest expense
  • $2,927Net interest income
  • $3,790Provision for loan and lease losses
  • -$64Total noninterest income
  • $864Fiduciary activities
  • $0Service charges on deposit accounts
  • $663Trading account gains & fees
  • $0Additional noninterest income
  • $201Total noninterest expense
  • $2,712Salaries and employee benefits
  • $1,433Premises and equipment expense
  • $447Additional noninterest expense
  • $832Pre-tax net operating income
  • $2,006Securities gains (losses)
  • -$702Applicable income taxes
  • $437Income before extraordinary items
  • $867Extraordinary gains - net
  • $0Net income attributable to bank
  • $867Net charge-offs
  • -$393Cash dividends
  • $200Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.14%Cost of funding earning assets
  • 3.55%Net interest margin
  • 4.59%Noninterest income to earning assets
  • 1.05%Noninterest expense to earning assets
  • 3.29%Net operating income to assets
  • 1.44%Return on assets (ROA)
  • 0.94%Pretax return on assets
  • 1.41%Return on equity (ROE)
  • 10.79%Retained earnings to average equity (YTD only)
  • 8.30%Net charge-offs to loans
  • -1.11%Credit loss provision to net charge-offs
  • 16.28%Efficiency ratio
  • 57,950Assets per employee
  • 1.91%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 23.07%Loss allowance to loans
  • 2.17%Loss allowance to noncurrent loans
  • 301.89%Noncurrent assets plus other real estate owned to assets
  • 0.84%Noncurrent loans to loans
  • 0.72%Net loans and leases to deposits
  • 42.78%Net loans and leases to core deposits
  • 48.29%Equity capital to assets
  • 8.89%Core capital (leverage) ratio
  • 9.30%Tier 1 risk-based capital ratio
  • 17.23%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $92,164Average earning assets
  • $8,036Average equity
  • $82,488Average loans

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