The Country Bank in Charlotte, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 15, 1998

  • The Country Bank in Charlotte, Texas (TX)
  • Show street view No street view available for this location

The Country Bank - Overview

  • General
  • FDIC Certificate #: 15602
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Texas Champion Bank (#11159)
    Federal Reserve ID: 747855
    Date Established: January 10, 1913
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    FDIC's unique #: 9887
    Numeric code: 21
    Regulator: FDIC
    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: May 04, 1938
    Last Structure Change Effective Date: June 15, 1998
    Last Structure Change Process Date: July 10, 1998
    Last Data Update: July 10, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: Del Mar Avenue And State Highway 97, Charlotte, TX 78011
    County: Atascosa
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Austin
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Core Based Statistical Area (CBSA): San Antonio-New Braunfels, TX (#41700)
    CBSA Metro Statistical Area: San Antonio-New Braunfels, TX (#41700)
  • Financial Summary
  • Total assets: $38.3 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)
  • $38,611Total assets
  • $1,496Cash and due from depository institutions
  • $0Interest-bearing balances
  • $9,045Securities
  • $3,883Federal funds sold & reverse repurchase agreements
  • $22,633Net loans & leases
  • $406Loan loss allowance
  • $0Trading account assets
  • $818Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $736All other assets
  • $38,611Total liabilities and capital
  • $35,686Total liabilities
  • $35,497Total deposits
  • $29,185Interest-bearing deposits
  • $35,497Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $189All other liabilities
  • $2,925Total equity capital
  • $2,925Total bank equity capital
  • $2,925Perpetual preferred stock
  • $0Common stock
  • $181Surplus
  • $1,419Undivided profits
  • Memoranda
  • $1,325Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $786Earning assets
  • $0Long-term assets (5+ years)
  • $360Average Assets, year-to-date
  • $35,561Average Assets, quarterly
  • $961Volatile liabilities
  • $38,750Insider loans
  • $38,738FHLB advances
  • $4,810Loans and leases held for sale
  • $783Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,977Total unused commitments
  • $0Restructured Loans and leases
  • $25,177Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $3,124Total interest income
  • $1,241Total interest expense
  • $1,883Net interest income
  • $431Provision for loan and lease losses
  • $668Total noninterest income
  • $0Fiduciary activities
  • $613Service charges on deposit accounts
  • $0Trading account gains & fees
  • $55Additional noninterest income
  • $1,877Total noninterest expense
  • $755Salaries and employee benefits
  • $247Premises and equipment expense
  • $875Additional noninterest expense
  • $243Pre-tax net operating income
  • $0Securities gains (losses)
  • $67Applicable income taxes
  • $176Income before extraordinary items
  • $0Extraordinary gains - net
  • $176Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $378Sale, conversion, retirement of capital stock, net
  • $383Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.91%Yield on earning assets
  • 3.54%Cost of funding earning assets
  • 5.37%Net interest margin
  • 1.91%Noninterest income to earning assets
  • 5.35%Noninterest expense to earning assets
  • 0.45%Net operating income to assets
  • 0.45%Return on assets (ROA)
  • 0.63%Pretax return on assets
  • 5.90%Return on equity (ROE)
  • -6.94%Retained earnings to average equity (YTD only)
  • 1.60%Net charge-offs to loans
  • 114.02%Credit loss provision to net charge-offs
  • 1.78%Efficiency ratio
  • 73,579Assets per employee
  • 1.54%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 217.61%Loss allowance to loans
  • 1.76%Loss allowance to noncurrent loans
  • 51.65%Noncurrent assets plus other real estate owned to assets
  • 2.04%Noncurrent loans to loans
  • 3.41%Net loans and leases to deposits
  • 63.76%Net loans and leases to core deposits
  • 73.75%Equity capital to assets
  • 7.58%Core capital (leverage) ratio
  • 7.65%Tier 1 risk-based capital ratio
  • 11.65%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $38,750Average earning assets
  • $2,985Average equity
  • $35,061Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with The Country Bank.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents