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

This bank is inactive as of June 14, 1996

  • The First National Bank of the Panhandle in Panhandle, Texas (TX)
  • Show street view No street view available for this location

The First National Bank of the Panhandle - Overview

  • General
  • FDIC Certificate #: 3382
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Sun Bank (#17026)
    Federal Reserve ID: 781868
    Date Established: May 06, 1927
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Interstate: No)
    FDIC's unique #: 2198
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: June 14, 1996
    Last Structure Change Process Date: June 18, 1996
    Last Data Update: May 06, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: Third And Euclid Streets, Panhandle, TX 79068
    County: Carson
    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
    Core Based Statistical Area (CBSA): Amarillo, TX (#11100)
    CBSA Metro Statistical Area: Amarillo, TX (#11100)
  • History of Changes
  • Absorption - Assisted
    Corrections
    Office Sold
  • Financial Summary
  • Total assets: $68.1 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $38Total assets
  • $79,311Cash and due from depository institutions
  • $2,352Interest-bearing balances
  • $0Securities
  • $12,292Federal funds sold & reverse repurchase agreements
  • $3,950Net loans & leases
  • $53,370Loan loss allowance
  • $1,998Trading account assets
  • $0Bank premises and fixed assets
  • $2,258Other real estate owned
  • $817Goodwill and other intangibles
  • $4,260Life insurance assets
  • $12All other assets
  • $0Total liabilities and capital
  • $79,311Total liabilities
  • $78,596Total deposits
  • $78,227Interest-bearing deposits
  • $72,162Deposits held in domestic offices
  • 78227.00%% insured (estimated)
  • $97Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $369Total equity capital
  • $369Total bank equity capital
  • $715Perpetual preferred stock
  • $0Common stock
  • $2,400Surplus
  • $2,800Undivided profits
  • Memoranda
  • $-4,485Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $9,887Income earned, not collected on loans
  • $1,550Earning assets
  • $69,612Long-term assets (5+ years)
  • $1,241Average Assets, year-to-date
  • $90,658Average Assets, quarterly
  • $83,989Volatile liabilities
  • $13,622Insider loans
  • $1,999FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $17,265Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $687Total risk weighted assets
  • $60,346Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $6,796Total interest expense
  • $3,879Net interest income
  • $2,917Provision for loan and lease losses
  • $8,416Total noninterest income
  • $400Fiduciary activities
  • $0Service charges on deposit accounts
  • $350Trading account gains & fees
  • $0Additional noninterest income
  • $50Total noninterest expense
  • $2,913Salaries and employee benefits
  • $1,371Premises and equipment expense
  • $426Additional noninterest expense
  • $1,116Pre-tax net operating income
  • -$8,012Securities gains (losses)
  • $29Applicable income taxes
  • -$1,242Income before extraordinary items
  • -$6,741Extraordinary gains - net
  • $0Net income attributable to bank
  • -$6,741Net charge-offs
  • $7,003Cash dividends
  • $150Sale, conversion, retirement of capital stock, net
  • $970Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.40%Cost of funding earning assets
  • 4.79%Net interest margin
  • 3.61%Noninterest income to earning assets
  • 0.49%Noninterest expense to earning assets
  • 3.60%Net operating income to assets
  • -7.46%Return on assets (ROA)
  • -7.44%Pretax return on assets
  • -8.81%Return on equity (ROE)
  • -130.88%Retained earnings to average equity (YTD only)
  • -133.79%Net charge-offs to loans
  • 10.30%Credit loss provision to net charge-offs
  • 120.18%Efficiency ratio
  • 87,609Assets per employee
  • 2.09%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -2.23%Loss allowance to loans
  • 3.61%Loss allowance to noncurrent loans
  • 20.21%Noncurrent assets plus other real estate owned to assets
  • 13.50%Noncurrent loans to loans
  • 17.86%Net loans and leases to deposits
  • 68.22%Net loans and leases to core deposits
  • 82.61%Equity capital to assets
  • 0.90%Core capital (leverage) ratio
  • 0.79%Tier 1 risk-based capital ratio
  • 1.14%Total risk-based capital ratio
  • Memoranda
  • $2Average assets
  • $90,658Average earning assets
  • $5,151Average equity
  • $80,914Average loans

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