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

This bank is inactive as of September 30, 1996

The Royall National Bank of Palestine in Palestine, Texas (TX)
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The Royall National Bank of Palestine - Overview

General
FDIC Certificate #: 23081
Status: Inactive
Closing history: Corrections
Acquiring institution: Compass Bank (#27419)
Federal Reserve ID: 833860
Date Established: March 17, 1980
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 3 (Interstate: No)
OTS Docket #: 10197
FDIC's unique #: 16167
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: March 17, 1980
Last Structure Change Effective Date: September 30, 1996
Last Structure Change Process Date: November 07, 1996
Last Data Update: January 21, 1997
Data Source Date: April 05, 2012
Location
Address: 519 North Sycamore Street, Palestine, TX 75801
County: Anderson
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
Core Based Statistical Area (CBSA): Palestine, TX (#37300)
CBSA Micro Statistical Area: Yes
History of Changes
Merger - Without Assistance
Corrections
Financial Summary
Total assets: $109.7 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)
$67Total assets
$106,258Cash and due from depository institutions
$7,689Interest-bearing balances
$573Securities
$39,102Federal funds sold & reverse repurchase agreements
$2,175Net loans & leases
$51,317Loan loss allowance
$381Trading account assets
$0Bank premises and fixed assets
$3,296Other real estate owned
$0Goodwill and other intangibles
$1,079Life insurance assets
$1,600All other assets
$0Total liabilities and capital
$106,258Total liabilities
$95,766Total deposits
$91,828Interest-bearing deposits
$66,326Deposits held in domestic offices
91828.00%% insured (estimated)
$95Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$3,204Subordinated debt
$0All other liabilities
$734Total equity capital
$734Total bank equity capital
$10,492Perpetual preferred stock
$0Common stock
$400Surplus
$1,050Undivided profits
Memoranda
$9,042Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$48Income earned, not collected on loans
$354Earning assets
$93,167Long-term assets (5+ years)
$8,333Average Assets, year-to-date
$103,799Average Assets, quarterly
$105,731Volatile liabilities
$5,730Insider loans
$1,939FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$3,382Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$8,732Total risk weighted assets
$54,045Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$7,289Total interest expense
$2,154Net interest income
$5,135Provision for loan and lease losses
$0Total noninterest income
$1,614Fiduciary activities
$12Service charges on deposit accounts
$1,429Trading account gains & fees
$0Additional noninterest income
$173Total noninterest expense
$4,849Salaries and employee benefits
$2,103Premises and equipment expense
$675Additional noninterest expense
$2,071Pre-tax net operating income
$1,900Securities gains (losses)
$0Applicable income taxes
$858Income before extraordinary items
$1,042Extraordinary gains - net
$0Net income attributable to bank
$1,042Net charge-offs
$75Cash dividends
$422Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1995)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.99%Cost of funding earning assets
2.36%Net interest margin
5.63%Noninterest income to earning assets
1.77%Noninterest expense to earning assets
5.32%Net operating income to assets
1.00%Return on assets (ROA)
1.00%Pretax return on assets
1.83%Return on equity (ROE)
10.28%Retained earnings to average equity (YTD only)
6.12%Net charge-offs to loans
0.16%Credit loss provision to net charge-offs
0.00%Efficiency ratio
70,188Assets per employee
1.59%Cash dividends to net income (YTD only)
Condition Ratios (%)
40.50%Loss allowance to loans
0.74%Loss allowance to noncurrent loans
793.75%Noncurrent assets plus other real estate owned to assets
0.05%Noncurrent loans to loans
0.09%Net loans and leases to deposits
55.88%Net loans and leases to core deposits
59.60%Equity capital to assets
9.87%Core capital (leverage) ratio
8.38%Tier 1 risk-based capital ratio
16.16%Total risk-based capital ratio
Memoranda
$17Average assets
$103,799Average earning assets
$10,132Average equity
$91,190Average loans

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