Bank of Texas in Raymondville, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 20, 1998

Bank of Texas in Raymondville, Texas (TX)
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Bank of Texas - Overview

General
FDIC Certificate #: 3403
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Texas State Bank (#23346)
Federal Reserve ID: 647562
Date Established: January 01, 1925
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Interstate: No)
FDIC's unique #: 2217
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: January 01, 1934
Last Structure Change Effective Date: Febuary 20, 1998
Last Structure Change Process Date: March 20, 1998
Last Data Update: March 20, 1998
Data Source Date: April 05, 2012
Location
Address: 116 East Hidalgo, Raymondville, TX 78580
County: Willacy
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): Brownsville-Harlingen-Raymondville, TX (#154)
Core Based Statistical Area (CBSA): Raymondville, TX (#39700)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $64.0 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

Dollar figures in thousands
39Total employees (full-time equivalent)
$63,998Total assets
$7,124Cash and due from depository institutions
$3,752Interest-bearing balances
$21,279Securities
$6,300Federal funds sold & reverse repurchase agreements
$25,896Net loans & leases
$292Loan loss allowance
$0Trading account assets
$2,649Bank premises and fixed assets
$122Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$628All other assets
$63,998Total liabilities and capital
$58,929Total liabilities
$57,228Total deposits
$45,844Interest-bearing deposits
$57,228Deposits held in domestic offices
0.00%% insured (estimated)
$824Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$877All other liabilities
$5,069Total equity capital
$5,069Total bank equity capital
$5,069Perpetual preferred stock
$0Common stock
$317Surplus
$1,900Undivided profits
Memoranda
$2,852Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$272Earning assets
$57Long-term assets (5+ years)
$217Average Assets, year-to-date
$57,227Average Assets, quarterly
$415Volatile liabilities
$61,736Insider loans
$62,134FHLB advances
$13,812Loans and leases held for sale
$27Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$2,173Total unused commitments
$0Restructured Loans and leases
$32,275Derivatives

Income and Expense (December 31, 1997)

Dollar figures in thousands
$4,073Total interest income
$1,720Total interest expense
$2,353Net interest income
$78Provision for loan and lease losses
$717Total noninterest income
$0Fiduciary activities
$514Service charges on deposit accounts
$0Trading account gains & fees
$203Additional noninterest income
$2,302Total noninterest expense
$1,072Salaries and employee benefits
$314Premises and equipment expense
$916Additional noninterest expense
$690Pre-tax net operating income
$0Securities gains (losses)
$215Applicable income taxes
$475Income before extraordinary items
$0Extraordinary gains - net
$475Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$57Sale, conversion, retirement of capital stock, net
$6Net operating income

Performance and Condition Ratios (December 31, 1997)

Dollar figures in thousands
Performance Ratios (%, annualized)
7.60%Yield on earning assets
3.21%Cost of funding earning assets
4.39%Net interest margin
1.34%Noninterest income to earning assets
4.30%Noninterest expense to earning assets
0.77%Net operating income to assets
0.77%Return on assets (ROA)
1.12%Pretax return on assets
9.89%Return on equity (ROE)
9.76%Retained earnings to average equity (YTD only)
0.23%Net charge-offs to loans
136.84%Credit loss provision to net charge-offs
13.47%Efficiency ratio
74,984Assets per employee
1.64%Cash dividends to net income (YTD only)
Condition Ratios (%)
1.26%Loss allowance to loans
1.12%Loss allowance to noncurrent loans
107.35%Noncurrent assets plus other real estate owned to assets
0.62%Noncurrent loans to loans
1.04%Net loans and leases to deposits
45.25%Net loans and leases to core deposits
58.54%Equity capital to assets
7.92%Core capital (leverage) ratio
7.96%Tier 1 risk-based capital ratio
15.61%Total risk-based capital ratio
Memoranda
$17Average assets
$61,736Average earning assets
$4,803Average equity
$53,567Average loans

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