Austin Bank in Timpson, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 22, 1996

Austin Bank in Timpson, Texas (TX)
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Austin Bank - Overview

General
FDIC Certificate #: 15648
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Austin Bank, National Association (#25294)
Federal Reserve ID: 602066
Date Established: Febuary 20, 1939
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
FDIC's unique #: 9926
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: Febuary 20, 1939
Last Structure Change Effective Date: April 22, 1996
Last Structure Change Process Date: June 05, 1996
Last Data Update: June 05, 1996
Data Source Date: April 05, 2012
Location
Address: Park Plaza Street, Timpson, TX 75975
County: Shelby
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
Financial Summary
Total assets: $29.2 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)
$12Total assets
$28,447Cash and due from depository institutions
$1,419Interest-bearing balances
$0Securities
$18,204Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$8,284Loan loss allowance
$71Trading account assets
$0Bank premises and fixed assets
$246Other real estate owned
$4Goodwill and other intangibles
$290Life insurance assets
$0All other assets
$0Total liabilities and capital
$28,447Total liabilities
$26,275Total deposits
$26,140Interest-bearing deposits
$23,332Deposits held in domestic offices
26140.00%% insured (estimated)
$90Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$135Total equity capital
$135Total bank equity capital
$2,172Perpetual preferred stock
$0Common stock
$200Surplus
$800Undivided profits
Memoranda
$1,172Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$15Income earned, not collected on loans
$64Earning assets
$26,488Long-term assets (5+ years)
$1,256Average Assets, year-to-date
$27,025Average Assets, quarterly
$28,510Volatile liabilities
$3,709Insider loans
$488FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$861Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$2,149Total risk weighted assets
$12,277Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$1,951Total interest expense
$954Net interest income
$997Provision for loan and lease losses
$22Total noninterest income
$166Fiduciary activities
$0Service charges on deposit accounts
$98Trading account gains & fees
$0Additional noninterest income
$68Total noninterest expense
$884Salaries and employee benefits
$447Premises and equipment expense
$86Additional noninterest expense
$351Pre-tax net operating income
$257Securities gains (losses)
$1Applicable income taxes
$103Income before extraordinary items
$155Extraordinary gains - net
$0Net income attributable to bank
$155Net charge-offs
$14Cash dividends
$163Sale, 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
7.73%Cost of funding earning assets
3.78%Net interest margin
3.95%Noninterest income to earning assets
0.66%Noninterest expense to earning assets
3.50%Net operating income to assets
0.57%Return on assets (ROA)
0.57%Pretax return on assets
0.95%Return on equity (ROE)
7.61%Retained earnings to average equity (YTD only)
-0.39%Net charge-offs to loans
0.19%Credit loss provision to net charge-offs
157.14%Efficiency ratio
76,010Assets per employee
2.37%Cash dividends to net income (YTD only)
Condition Ratios (%)
105.16%Loss allowance to loans
0.85%Loss allowance to noncurrent loans
473.33%Noncurrent assets plus other real estate owned to assets
0.08%Noncurrent loans to loans
0.18%Net loans and leases to deposits
31.69%Net loans and leases to core deposits
36.93%Equity capital to assets
7.64%Core capital (leverage) ratio
7.47%Tier 1 risk-based capital ratio
17.50%Total risk-based capital ratio
Memoranda
$18Average assets
$27,025Average earning assets
$2,037Average equity
$25,225Average loans

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