American Bank in Huntsville, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 15, 1996

American Bank in Huntsville, Texas (TX)
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American Bank - Overview

General
FDIC Certificate #: 21946
Status: Inactive
Closing history: Corrections
Acquiring institution: The East Texas National Bank of Palestine (#3379)
Federal Reserve ID: 855358
Date Established: March 10, 1975
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 15210
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: March 10, 1975
Last Structure Change Effective Date: April 15, 1996
Last Structure Change Process Date: June 26, 1996
Last Data Update: June 26, 1996
Data Source Date: April 05, 2012
Location
Address: 1718 Eleventh Street, Huntsville, TX 77340
County: Walker
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
Combined Statistical Area (CSA): Houston-Baytown-Huntsville, TX (#288)
Core Based Statistical Area (CBSA): Huntsville, TX (#26660)
CBSA Micro Statistical Area: Yes
History of Changes
Merger - Without Assistance
Participated in Reorganization
Corrections
Financial Summary
Total assets: $34.6 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)
$18Total assets
$34,312Cash and due from depository institutions
$1,891Interest-bearing balances
$0Securities
$11,339Federal funds sold & reverse repurchase agreements
$3,258Net loans & leases
$16,403Loan loss allowance
$361Trading account assets
$0Bank premises and fixed assets
$789Other real estate owned
$338Goodwill and other intangibles
$294Life insurance assets
$0All other assets
$0Total liabilities and capital
$34,312Total liabilities
$30,953Total deposits
$30,797Interest-bearing deposits
$24,230Deposits held in domestic offices
30797.00%% insured (estimated)
$97Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$156Total equity capital
$156Total bank equity capital
$3,359Perpetual preferred stock
$0Common stock
$400Surplus
$1,400Undivided profits
Memoranda
$1,559Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$128Earning assets
$31,000Long-term assets (5+ years)
$4,038Average Assets, year-to-date
$33,212Average Assets, quarterly
$34,171Volatile liabilities
$2,303Insider loans
$167FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$756Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$3,333Total risk weighted assets
$18,087Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$2,530Total interest expense
$847Net interest income
$1,683Provision for loan and lease losses
$3Total noninterest income
$477Fiduciary activities
$0Service charges on deposit accounts
$394Trading account gains & fees
$0Additional noninterest income
$83Total noninterest expense
$1,415Salaries and employee benefits
$594Premises and equipment expense
$219Additional noninterest expense
$602Pre-tax net operating income
$742Securities gains (losses)
$0Applicable income taxes
$191Income before extraordinary items
$551Extraordinary gains - net
$0Net income attributable to bank
$551Net charge-offs
$5Cash dividends
$80Sale, 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
8.56%Cost of funding earning assets
2.87%Net interest margin
5.69%Noninterest income to earning assets
1.61%Noninterest expense to earning assets
4.79%Net operating income to assets
1.66%Return on assets (ROA)
1.66%Pretax return on assets
2.23%Return on equity (ROE)
18.54%Retained earnings to average equity (YTD only)
15.85%Net charge-offs to loans
0.03%Credit loss provision to net charge-offs
60.00%Efficiency ratio
65,509Assets per employee
1.91%Cash dividends to net income (YTD only)
Condition Ratios (%)
14.52%Loss allowance to loans
2.15%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.99%Noncurrent loans to loans
0.00%Net loans and leases to deposits
53.26%Net loans and leases to core deposits
57.57%Equity capital to assets
9.79%Core capital (leverage) ratio
9.97%Tier 1 risk-based capital ratio
18.43%Total risk-based capital ratio
Memoranda
$20Average assets
$33,212Average earning assets
$2,972Average equity
$29,560Average loans

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