FDIC Certificate #: 22002 Status: Inactive Closing history: Corrections Acquiring institution:TransPecos Banks (#11178) Federal Reserve ID: 249368 Date Established: May 08, 1975 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 15261 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 08, 1975 Last Structure Change Effective Date: January 18, 2002 Last Structure Change Process Date: January 22, 2002 Last Data Update: January 22, 2002 Data Source Date: April 05, 2012
Location
Address: Sierra Blanca Road & State Hwy 1111, Sierra Blanca, TX 79851 County: Hudspeth Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Albuquerque Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: West
History of Changes
Absorption - Assisted
Corrections
Financial Summary
Total assets: $10.8 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2000)
Dollar figures in thousands
8Total employees (full-time equivalent)
$13,569Total assets
$668Cash and due from depository institutions
$0Interest-bearing balances
$1,015Securities
$1,200Federal funds sold & reverse repurchase agreements
$9,082Net loans & leases
$528Loan loss allowance
$0Trading account assets
$354Bank premises and fixed assets
$677Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$573All other assets
$13,569Total liabilities and capital
$12,587Total liabilities
$12,509Total deposits
$9,788Interest-bearing deposits
$12,509Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$78All other liabilities
$982Total equity capital
$982Total bank equity capital
$982Perpetual preferred stock
$0Common stock
$915Surplus
$1,100Undivided profits
Memoranda
$-1,033Noncurrent loans and leases
$63Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$985Earning assets
$0Long-term assets (5+ years)
$206Average Assets, year-to-date
$11,297Average Assets, quarterly
$1,504Volatile liabilities
$13,518Insider loans
$12,970FHLB advances
$2,220Loans and leases held for sale
$414Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$63Total unused commitments
$13Restructured Loans and leases
$138Derivatives
Income and Expense (December 31, 2000)
Dollar figures in thousands
$1,205Total interest income
$424Total interest expense
$781Net interest income
$1,183Provision for loan and lease losses
$113Total noninterest income
$0Fiduciary activities
$78Service charges on deposit accounts
$0Trading account gains & fees
$35Additional noninterest income
$650Total noninterest expense
$332Salaries and employee benefits
$133Premises and equipment expense
$185Additional noninterest expense
-$939Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
-$939Income before extraordinary items
$0Extraordinary gains - net
-$939Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$970Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2000)
Dollar figures in thousands
Performance Ratios (%, annualized)
10.49%Yield on earning assets
3.69%Cost of funding earning assets
6.80%Net interest margin
0.98%Noninterest income to earning assets
5.66%Noninterest expense to earning assets
-6.95%Net operating income to assets
-6.95%Return on assets (ROA)
-6.95%Pretax return on assets
-117.26%Return on equity (ROE)
-117.26%Retained earnings to average equity (YTD only)
9.27%Net charge-offs to loans
121.96%Credit loss provision to net charge-offs
0.25%Efficiency ratio
72,707Assets per employee
1.70%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
5.49%Loss allowance to noncurrent loans
53.60%Noncurrent assets plus other real estate owned to assets
12.25%Noncurrent loans to loans
10.25%Net loans and leases to deposits
72.60%Net loans and leases to core deposits
88.27%Equity capital to assets
7.24%Core capital (leverage) ratio
7.26%Tier 1 risk-based capital ratio
9.21%Total risk-based capital ratio
Memoranda
$11Average assets
$13,518Average earning assets
$801Average equity
$11,485Average loans
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