The Farmers Guaranty State Bank of Kennard in Kennard, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 31, 1994

  • The Farmers Guaranty State Bank of Kennard in Kennard, Texas (TX)
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The Farmers Guaranty State Bank of Kennard - Overview

  • General
  • FDIC Certificate #: 11143
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: West Side Bank and Trust (#18915)
    Federal Reserve ID: 743259
    Date Established: January 01, 1913
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 7112
    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: January 01, 1934
    Last Structure Change Effective Date: May 31, 1994
    Last Structure Change Process Date: July 11, 1994
    Last Data Update: July 11, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 108 Broadway, Kennard, TX 75847
    County: Houston
    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: $14.8 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $8Total assets
  • $15,345Cash and due from depository institutions
  • $1,989Interest-bearing balances
  • $1,387Securities
  • $9,723Federal funds sold & reverse repurchase agreements
  • $700Net loans & leases
  • $2,729Loan loss allowance
  • $30Trading account assets
  • $0Bank premises and fixed assets
  • $53Other real estate owned
  • $0Goodwill and other intangibles
  • $151Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $15,345Total liabilities
  • $14,316Total deposits
  • $14,272Interest-bearing deposits
  • $12,915Deposits held in domestic offices
  • 14272.00%% insured (estimated)
  • $96Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $44Total equity capital
  • $44Total bank equity capital
  • $1,029Perpetual preferred stock
  • $0Common stock
  • $400Surplus
  • $200Undivided profits
  • Memoranda
  • $429Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $42Income earned, not collected on loans
  • $54Earning assets
  • $14,539Long-term assets (5+ years)
  • $651Average Assets, year-to-date
  • $15,455Average Assets, quarterly
  • $15,296Volatile liabilities
  • $2,072Insider loans
  • $93FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $1,029Total risk weighted assets
  • $4,788Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $996Total interest expense
  • $440Net interest income
  • $556Provision for loan and lease losses
  • $12Total noninterest income
  • $90Fiduciary activities
  • $0Service charges on deposit accounts
  • $78Trading account gains & fees
  • $0Additional noninterest income
  • $12Total noninterest expense
  • $540Salaries and employee benefits
  • $301Premises and equipment expense
  • $15Additional noninterest expense
  • $224Pre-tax net operating income
  • $94Securities gains (losses)
  • $0Applicable income taxes
  • $3Income before extraordinary items
  • $91Extraordinary gains - net
  • $0Net income attributable to bank
  • $91Net charge-offs
  • $2Cash dividends
  • $32Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 6.78%Cost of funding earning assets
  • 3.00%Net interest margin
  • 3.79%Noninterest income to earning assets
  • 0.61%Noninterest expense to earning assets
  • 3.68%Net operating income to assets
  • 0.59%Return on assets (ROA)
  • 0.59%Pretax return on assets
  • 0.61%Return on equity (ROE)
  • 9.22%Retained earnings to average equity (YTD only)
  • 5.98%Net charge-offs to loans
  • 0.07%Credit loss provision to net charge-offs
  • 600.00%Efficiency ratio
  • 83,591Assets per employee
  • 1.92%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 35.16%Loss allowance to loans
  • 1.09%Loss allowance to noncurrent loans
  • 71.43%Noncurrent assets plus other real estate owned to assets
  • 0.27%Noncurrent loans to loans
  • 1.52%Net loans and leases to deposits
  • 19.12%Net loans and leases to core deposits
  • 22.37%Equity capital to assets
  • 6.71%Core capital (leverage) ratio
  • 7.01%Tier 1 risk-based capital ratio
  • 21.49%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $15,455Average earning assets
  • $987Average equity
  • $14,688Average loans

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