FDIC Certificate #: 3199 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:City Bank (#25103) Federal Reserve ID: 453352 Date Established: April 19, 1889 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Interstate: No) FDIC's unique #: 2059 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: June 29, 2001 Last Structure Change Process Date: August 03, 2001 Last Data Update: August 03, 2001 Data Source Date: April 05, 2012
Location
Address: 120 East Main Street, Forney, TX 75126 County: Kaufman 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): Dallas, TX (#1920) 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: Dallas-Plano-Irving, TX (#19124)
Financial Summary
Total assets: $28.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2000)
Dollar figures in thousands
19Total employees (full-time equivalent)
$27,769Total assets
$1,454Cash and due from depository institutions
$0Interest-bearing balances
$5,743Securities
$3,425Federal funds sold & reverse repurchase agreements
$15,760Net loans & leases
$291Loan loss allowance
$0Trading account assets
$862Bank premises and fixed assets
$31Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$494All other assets
$27,769Total liabilities and capital
$25,503Total liabilities
$25,390Total deposits
$19,930Interest-bearing deposits
$25,390Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$113All other liabilities
$2,266Total equity capital
$2,266Total bank equity capital
$2,266Perpetual preferred stock
$0Common stock
$50Surplus
$100Undivided profits
Memoranda
$2,116Noncurrent loans and leases
$220Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$331Earning assets
$0Long-term assets (5+ years)
$124Average Assets, year-to-date
$24,928Average Assets, quarterly
$3,540Volatile liabilities
$27,487Insider loans
$27,441FHLB advances
$5,608Loans and leases held for sale
$886Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$220Total unused commitments
$0Restructured Loans and leases
$229Derivatives
Income and Expense (December 31, 2000)
Dollar figures in thousands
$2,287Total interest income
$927Total interest expense
$1,360Net interest income
$165Provision for loan and lease losses
$527Total noninterest income
$0Fiduciary activities
$403Service charges on deposit accounts
$0Trading account gains & fees
$124Additional noninterest income
$1,224Total noninterest expense
$636Salaries and employee benefits
$135Premises and equipment expense
$453Additional noninterest expense
$498Pre-tax net operating income
$0Securities gains (losses)
$111Applicable income taxes
$387Income before extraordinary items
$0Extraordinary gains - net
$387Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$248Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2000)
Dollar figures in thousands
Performance Ratios (%, annualized)
9.51%Yield on earning assets
3.86%Cost of funding earning assets
5.66%Net interest margin
2.19%Noninterest income to earning assets
5.09%Noninterest expense to earning assets
1.41%Net operating income to assets
1.41%Return on assets (ROA)
1.81%Pretax return on assets
18.31%Return on equity (ROE)
18.31%Retained earnings to average equity (YTD only)
1.50%Net charge-offs to loans
66.53%Credit loss provision to net charge-offs
2.67%Efficiency ratio
64,865Assets per employee
1.46%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.81%Loss allowance to noncurrent loans
87.92%Noncurrent assets plus other real estate owned to assets
1.30%Noncurrent loans to loans
2.06%Net loans and leases to deposits
62.07%Net loans and leases to core deposits
79.67%Equity capital to assets
8.16%Core capital (leverage) ratio
8.14%Tier 1 risk-based capital ratio
12.40%Total risk-based capital ratio
Memoranda
$14Average assets
$27,487Average earning assets
$2,114Average equity
$24,041Average 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 Farmers National Bank of Forney.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: