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


The East Texas National Bank of Palestine - Overview

  • General
  • FDIC Certificate #: 3379
    Status: Active
    Federal Reserve ID: 904667
    Bank Holding Company (Regulatory Top Holder): East Texas National, Inc. (RSSDID: 2895693, Location: Palestine, TX)
    Date Established: March 11, 1911
    WWW: http://www.etnbonline.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 2196
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 207 West Spring Street, Palestine, TX 75801
    County: Anderson
    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
    Core Based Statistical Area (CBSA): Palestine, TX (#37300)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $139.2 mil
    Equity capital: $10.1 mil
    Deposits held in domestic offices: $128.8 mil
    Return on assets (ROA): 1.02% ($1.4 mil)
    Quarterly return on assets: 1.26% ($1.8 mil)
    Return on Equity (ROE): 13.98% ($1.4 mil)
    Quarterly return on equity: 17.32% ($1.7 mil)
    Net income: $1.4 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 1.02% ($1,419.9 mil)
    Quarterly Pretax return on assets: 1.26% ($1,754.0 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, 2011)

  • Dollar figures in thousands
  • 42Total employees (full-time equivalent)
  • $139,205Total assets
  • $19,266Cash and due from depository institutions
  • $6,057Interest-bearing balances
  • $45,044Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $68,448Net loans & leases
  • $584Loan loss allowance
  • $0Trading account assets
  • $3,055Bank premises and fixed assets
  • $404Other real estate owned
  • $1,067Goodwill and other intangibles
  • $139,205Life insurance assets
  • $1,921All other assets
  • $129,094Total liabilities and capital
  • $128,761Total liabilities
  • $65,856Total deposits
  • $128,761Interest-bearing deposits
  • $98Deposits held in domestic offices
  • 200.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $133Subordinated debt
  • $10,111All other liabilities
  • $10,111Total equity capital
  • $10,111Total bank equity capital
  • $0Perpetual preferred stock
  • $302Common stock
  • $2,652Surplus
  • $7,157Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $477Income earned, not collected on loans
  • $0Earning assets
  • $647Long-term assets (5+ years)
  • $119,549Average Assets, year-to-date
  • $3,138Average Assets, quarterly
  • $136,162Volatile liabilities
  • $138,712Insider loans
  • $65,731FHLB advances
  • $137,113Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $9,044Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $6,414Restructured Loans and leases
  • $960Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,798Total interest income
  • $229Total interest expense
  • $4,569Net interest income
  • $60Provision for loan and lease losses
  • $1,258Total noninterest income
  • $363Fiduciary activities
  • $647Service charges on deposit accounts
  • $0Trading account gains & fees
  • $248Additional noninterest income
  • $4,377Total noninterest expense
  • $2,428Salaries and employee benefits
  • $762Premises and equipment expense
  • $1,187Additional noninterest expense
  • $1,390Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $1,390Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,390Net income attributable to bank
  • $0Net charge-offs
  • $1,390Cash dividends
  • $53Sale, conversion, retirement of capital stock, net
  • $1,056Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.06%Yield on earning assets
  • 0.19%Cost of funding earning assets
  • 3.87%Net interest margin
  • 1.06%Noninterest income to earning assets
  • 3.71%Noninterest expense to earning assets
  • 1.02%Net operating income to assets
  • 1.02%Return on assets (ROA)
  • 1.02%Pretax return on assets
  • 13.98%Return on equity (ROE)
  • 3.36%Retained earnings to average equity (YTD only)
  • 0.08%Net charge-offs to loans
  • 113.21%Credit loss provision to net charge-offs
  • 27.36%Efficiency ratio
  • 75,116Assets per employee
  • 3.31%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 75.97%Loss allowance to loans
  • 0.85%Loss allowance to noncurrent loans
  • 122.43%Noncurrent assets plus other real estate owned to assets
  • 0.63%Noncurrent loans to loans
  • 0.69%Net loans and leases to deposits
  • 53.16%Net loans and leases to core deposits
  • 53.63%Equity capital to assets
  • 7.26%Core capital (leverage) ratio
  • 6.60%Tier 1 risk-based capital ratio
  • 13.76%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $136,162Average earning assets
  • $9,942Average equity
  • $118,129Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $66,501Managed Assets
  • 1Number of Accounts
  • $41,109Personal trust and agency accounts
  • $30,168Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $2,668Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $8,022Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $251Non-managed Assets
  • 224Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $25,392Other retirement accounts
  • $15,784Corporate trust and agency accounts
  • $3,012Other fiduciary accounts
  • $4,846Fiduciary accounts held in foreign offices

List of branches

  • 3 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    02196The East Texas National Bank Of Pale207 West Spring Street, Palestine, TX 75801March 11, 1911Full Service Brick and Mortar
    19703Mexia Branch101 North Mckinney Street, Mexia, TX 76667May 01, 1936Full Service Brick and Mortar
    415210American Branch1718 Eleventh Street, Huntsville, TX 77340March 10, 1975Full Service Brick and Mortar

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