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

This bank is inactive as of March 29, 2002

  • The First National Bank of Shamrock in Shamrock, Texas (TX)
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The First National Bank of Shamrock - Overview

  • General
  • FDIC Certificate #: 5527
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Citizens Bank (#15591)
    Federal Reserve ID: 242565
    Date Established: January 01, 1904
    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 #: 3756
    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: March 29, 2002
    Last Structure Change Process Date: May 03, 2002
    Last Data Update: May 03, 2002
    Data Source Date: April 05, 2012
  • Location
  • Address: 711 North Main Street, Shamrock, TX 79079
    County: Wheeler
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Lubbock
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
  • Financial Summary
  • Total assets: $21.5 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, 2001)

  • Dollar figures in thousands
  • 8Total employees (full-time equivalent)
  • $21,528Total assets
  • $725Cash and due from depository institutions
  • $11Interest-bearing balances
  • $7,667Securities
  • $4,520Federal funds sold & reverse repurchase agreements
  • $7,515Net loans & leases
  • $330Loan loss allowance
  • $0Trading account assets
  • $735Bank premises and fixed assets
  • $29Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $337All other assets
  • $21,528Total liabilities and capital
  • $19,240Total liabilities
  • $19,126Total deposits
  • $13,406Interest-bearing deposits
  • $19,126Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $114All other liabilities
  • $2,288Total equity capital
  • $2,288Total bank equity capital
  • $2,288Perpetual preferred stock
  • $0Common stock
  • $500Surplus
  • $300Undivided profits
  • Memoranda
  • $1,488Noncurrent loans and leases
  • $2,084Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $328Earning assets
  • $0Long-term assets (5+ years)
  • $177Average Assets, year-to-date
  • $19,713Average Assets, quarterly
  • $5,362Volatile liabilities
  • $23,554Insider loans
  • $21,470FHLB advances
  • $2,239Loans and leases held for sale
  • $65Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $2,084Total unused commitments
  • $0Restructured Loans and leases
  • $130Derivatives

Income and Expense (December 31, 2001)

  • Dollar figures in thousands
  • $1,527Total interest income
  • $702Total interest expense
  • $825Net interest income
  • $151Provision for loan and lease losses
  • $172Total noninterest income
  • $0Fiduciary activities
  • $149Service charges on deposit accounts
  • $0Trading account gains & fees
  • $23Additional noninterest income
  • $895Total noninterest expense
  • $334Salaries and employee benefits
  • $131Premises and equipment expense
  • $430Additional noninterest expense
  • -$49Pre-tax net operating income
  • $17Securities gains (losses)
  • -$23Applicable income taxes
  • -$9Income before extraordinary items
  • $0Extraordinary gains - net
  • -$9Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $51Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2001)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.10%Yield on earning assets
  • 3.26%Cost of funding earning assets
  • 3.84%Net interest margin
  • 0.80%Noninterest income to earning assets
  • 4.16%Noninterest expense to earning assets
  • -0.08%Net operating income to assets
  • -0.04%Return on assets (ROA)
  • -0.14%Pretax return on assets
  • -0.39%Return on equity (ROE)
  • -0.39%Retained earnings to average equity (YTD only)
  • 0.57%Net charge-offs to loans
  • 296.08%Credit loss provision to net charge-offs
  • 2.00%Efficiency ratio
  • 89,769Assets per employee
  • 2.69%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 4.21%Loss allowance to noncurrent loans
  • 100.61%Noncurrent assets plus other real estate owned to assets
  • 1.66%Noncurrent loans to loans
  • 4.18%Net loans and leases to deposits
  • 39.29%Net loans and leases to core deposits
  • 44.50%Equity capital to assets
  • 10.63%Core capital (leverage) ratio
  • 10.21%Tier 1 risk-based capital ratio
  • 22.25%Total risk-based capital ratio
  • Memoranda
  • $24Average assets
  • $23,554Average earning assets
  • $2,310Average equity
  • $21,502Average loans

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