The Valley National Bank in Mcallen, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 23, 1995

The Valley National Bank in Mcallen, Texas (TX)
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The Valley National Bank - Overview

General
FDIC Certificate #: 20513
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: The Frost National Bank (#5510)
Federal Reserve ID: 769950
Date Established: October 12, 1971
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 #: 14154
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: October 12, 1971
Last Structure Change Effective Date: June 23, 1995
Last Structure Change Process Date: July 10, 1995
Last Data Update: July 10, 1995
Data Source Date: April 05, 2012
Location
Address: 2400 North Tenth Street, Mcallen, TX 78501
County: Hidalgo
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
Metropolitan Statistical Area (MSA): McAllen-Edinburg-Mission, TX (#4880)
Core Based Statistical Area (CBSA): McAllen-Edinburg-Mission, TX (#32580)
CBSA Metro Statistical Area: McAllen-Edinburg-Mission, TX (#32580)
Financial Summary
Total assets: $52.9 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$34Total assets
$54,663Cash and due from depository institutions
$2,860Interest-bearing balances
$0Securities
$19,154Federal funds sold & reverse repurchase agreements
$1,380Net loans & leases
$27,418Loan loss allowance
$204Trading account assets
$0Bank premises and fixed assets
$3,305Other real estate owned
$0Goodwill and other intangibles
$546Life insurance assets
$0All other assets
$0Total liabilities and capital
$54,663Total liabilities
$50,357Total deposits
$49,886Interest-bearing deposits
$38,127Deposits held in domestic offices
49886.00%% insured (estimated)
$96Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$471Total equity capital
$471Total bank equity capital
$4,306Perpetual preferred stock
$0Common stock
$500Surplus
$500Undivided profits
Memoranda
$3,306Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$13Income earned, not collected on loans
$192Earning assets
$47,952Long-term assets (5+ years)
$3,648Average Assets, year-to-date
$55,584Average Assets, quarterly
$54,733Volatile liabilities
$4,755Insider loans
$78FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$2,610Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$4,862Total risk weighted assets
$30,987Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$3,577Total interest expense
$1,158Net interest income
$2,419Provision for loan and lease losses
$56Total noninterest income
$527Fiduciary activities
$0Service charges on deposit accounts
$412Trading account gains & fees
$0Additional noninterest income
$115Total noninterest expense
$2,435Salaries and employee benefits
$1,293Premises and equipment expense
$422Additional noninterest expense
$720Pre-tax net operating income
$455Securities gains (losses)
$21Applicable income taxes
$177Income before extraordinary items
$299Extraordinary gains - net
$0Net income attributable to bank
$299Net charge-offs
$63Cash dividends
$105Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1994)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.29%Cost of funding earning assets
2.36%Net interest margin
4.93%Noninterest income to earning assets
1.07%Noninterest expense to earning assets
4.96%Net operating income to assets
0.51%Return on assets (ROA)
0.54%Pretax return on assets
0.86%Return on equity (ROE)
6.66%Retained earnings to average equity (YTD only)
4.32%Net charge-offs to loans
0.25%Credit loss provision to net charge-offs
88.89%Efficiency ratio
82,654Assets per employee
1.61%Cash dividends to net income (YTD only)
Condition Ratios (%)
35.12%Loss allowance to loans
0.74%Loss allowance to noncurrent loans
1569.23%Noncurrent assets plus other real estate owned to assets
0.02%Noncurrent loans to loans
0.05%Net loans and leases to deposits
54.96%Net loans and leases to core deposits
60.75%Equity capital to assets
7.88%Core capital (leverage) ratio
8.91%Tier 1 risk-based capital ratio
15.69%Total risk-based capital ratio
Memoranda
$16Average assets
$55,584Average earning assets
$4,489Average equity
$49,083Average loans

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