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)
  • Show street view No street view available for this location

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

Comment about this bank, ask questions, or add new information about it:

CAPTCHA

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Town and Country Finance and Thrift Company.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents