Town and Country Finance and Thrift Company in Turlock, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 13, 1999

  • Town and Country Finance and Thrift Company in Turlock, California (CA)
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Town and Country Finance and Thrift Company - Overview

  • General
  • FDIC Certificate #: 27113
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: County Bank (#22574)
    Federal Reserve ID: 1161243
    Date Established: January 14, 1957
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Interstate: No)
    FDIC's unique #: 38803
    Numeric code: 23
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: November 16, 1987
    Last Structure Change Effective Date: November 13, 1999
    Last Structure Change Process Date: December 08, 1999
    Last Data Update: December 08, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 410 East Olive, Turlock, CA 95380
    County: Stanislaus
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Sacramento
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Modesto, CA (#5170)
    Core Based Statistical Area (CBSA): Modesto, CA (#33700)
    CBSA Metro Statistical Area: Modesto, CA (#33700)
  • Financial Summary
  • Total assets: $55.2 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, 1998)

  • Dollar figures in thousands
  • 23Total employees (full-time equivalent)
  • $42,339Total assets
  • $259Cash and due from depository institutions
  • $0Interest-bearing balances
  • $1,059Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $38,291Net loans & leases
  • $327Loan loss allowance
  • $0Trading account assets
  • $374Bank premises and fixed assets
  • $0Other real estate owned
  • $2,087Goodwill and other intangibles
  • $0Life insurance assets
  • $269All other assets
  • $42,339Total liabilities and capital
  • $36,457Total liabilities
  • $35,589Total deposits
  • $35,232Interest-bearing deposits
  • $35,589Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $600Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $268All other liabilities
  • $5,882Total equity capital
  • $5,882Total bank equity capital
  • $5,882Perpetual preferred stock
  • $0Common stock
  • $1,350Surplus
  • $4,248Undivided profits
  • Memoranda
  • $284Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $247Earning assets
  • $0Long-term assets (5+ years)
  • $89Average Assets, year-to-date
  • $39,350Average Assets, quarterly
  • $1,014Volatile liabilities
  • $37,948Insider loans
  • $41,225FHLB advances
  • $8,450Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,062Total unused commitments
  • $0Restructured Loans and leases
  • $39,386Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $3,922Total interest income
  • $1,679Total interest expense
  • $2,243Net interest income
  • $232Provision for loan and lease losses
  • $96Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $96Additional noninterest income
  • $1,724Total noninterest expense
  • $721Salaries and employee benefits
  • $255Premises and equipment expense
  • $748Additional noninterest expense
  • $383Pre-tax net operating income
  • $0Securities gains (losses)
  • $199Applicable income taxes
  • $184Income before extraordinary items
  • $0Extraordinary gains - net
  • $184Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $217Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 11.23%Yield on earning assets
  • 4.81%Cost of funding earning assets
  • 6.42%Net interest margin
  • 0.27%Noninterest income to earning assets
  • 4.94%Noninterest expense to earning assets
  • 0.48%Net operating income to assets
  • 0.48%Return on assets (ROA)
  • 1.01%Pretax return on assets
  • 3.46%Return on equity (ROE)
  • 3.46%Retained earnings to average equity (YTD only)
  • 0.66%Net charge-offs to loans
  • 106.91%Credit loss provision to net charge-offs
  • 2.83%Efficiency ratio
  • 66,952Assets per employee
  • 1.84%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.85%Loss allowance to noncurrent loans
  • 132.39%Noncurrent assets plus other real estate owned to assets
  • 0.58%Noncurrent loans to loans
  • 0.64%Net loans and leases to deposits
  • 107.59%Net loans and leases to core deposits
  • 138.04%Equity capital to assets
  • 13.89%Core capital (leverage) ratio
  • 9.59%Tier 1 risk-based capital ratio
  • 9.66%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $37,948Average earning assets
  • $5,322Average equity
  • $34,918Average loans

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