Alvarado State Bank in Alvarado, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 29, 1995

  • Alvarado State Bank in Alvarado, Texas (TX)
  • Show street view No street view available for this location

Alvarado State Bank - Overview

  • General
  • FDIC Certificate #: 19950
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Brazos Bank, National Association (#21696)
    Federal Reserve ID: 349651
    Date Established: May 05, 1969
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    FDIC's unique #: 13702
    Numeric code: 21
    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: May 05, 1969
    Last Structure Change Effective Date: September 29, 1995
    Last Structure Change Process Date: October 23, 1995
    Last Data Update: October 23, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: U.S. Highways 67 And 81, Alvarado, TX 76009
    County: Johnson
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Dallas
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Fort Worth-Arlington, TX (#2800)
    Consolidated Metropolitan Statistical Area (CMSA): Dallas-Fort Worth, TX (#31)
    Combined Statistical Area (CSA): Dallas-Fort Worth, TX (#206)
    Core Based Statistical Area (CBSA): Dallas-Fort Worth-Arlington, TX (#19100)
    CBSA Metro Statistical Area: Dallas-Fort Worth-Arlington, TX (#19100)
    Core Based Statistical Division: Fort Worth-Arlington, TX (#23104)
  • Financial Summary
  • Total assets: $21.1 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)
  • $15Total assets
  • $22,497Cash and due from depository institutions
  • $524Interest-bearing balances
  • $81Securities
  • $7,456Federal funds sold & reverse repurchase agreements
  • $955Net loans & leases
  • $12,232Loan loss allowance
  • $229Trading account assets
  • $0Bank premises and fixed assets
  • $702Other real estate owned
  • $46Goodwill and other intangibles
  • $582Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $22,497Total liabilities
  • $21,149Total deposits
  • $21,110Interest-bearing deposits
  • $15,996Deposits held in domestic offices
  • 21110.00%% insured (estimated)
  • $87Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $39Total equity capital
  • $39Total bank equity capital
  • $1,348Perpetual preferred stock
  • $0Common stock
  • $200Surplus
  • $650Undivided profits
  • Memoranda
  • $498Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $15Income earned, not collected on loans
  • $341Earning assets
  • $20,724Long-term assets (5+ years)
  • $6,538Average Assets, year-to-date
  • $20,418Average Assets, quarterly
  • $21,654Volatile liabilities
  • $2,033Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $674Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $1,573Total risk weighted assets
  • $14,563Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $1,445Total interest expense
  • $356Net interest income
  • $1,089Provision for loan and lease losses
  • $0Total noninterest income
  • $239Fiduciary activities
  • $0Service charges on deposit accounts
  • $155Trading account gains & fees
  • $0Additional noninterest income
  • $84Total noninterest expense
  • $996Salaries and employee benefits
  • $393Premises and equipment expense
  • $176Additional noninterest expense
  • $427Pre-tax net operating income
  • $332Securities gains (losses)
  • -$26Applicable income taxes
  • $80Income before extraordinary items
  • $226Extraordinary gains - net
  • $0Net income attributable to bank
  • $226Net charge-offs
  • -$11Cash dividends
  • $268Sale, 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
  • 7.87%Cost of funding earning assets
  • 1.94%Net interest margin
  • 5.93%Noninterest income to earning assets
  • 1.30%Noninterest expense to earning assets
  • 5.42%Net operating income to assets
  • 1.20%Return on assets (ROA)
  • 1.11%Pretax return on assets
  • 1.50%Return on equity (ROE)
  • 16.19%Retained earnings to average equity (YTD only)
  • -3.01%Net charge-offs to loans
  • -0.12%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 75,000Assets per employee
  • 1.50%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 118.58%Loss allowance to loans
  • 1.84%Loss allowance to noncurrent loans
  • 1526.67%Noncurrent assets plus other real estate owned to assets
  • 0.27%Noncurrent loans to loans
  • 0.12%Net loans and leases to deposits
  • 57.94%Net loans and leases to core deposits
  • 64.12%Equity capital to assets
  • 5.99%Core capital (leverage) ratio
  • 7.14%Tier 1 risk-based capital ratio
  • 10.80%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $20,418Average earning assets
  • $1,396Average equity
  • $18,370Average loans

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