Bedford National Bank in Bedford, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 08, 1994

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

Bedford National Bank - Overview

  • General
  • FDIC Certificate #: 24060
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First National Bank of Grapevine (#3233)
    Federal Reserve ID: 86255
    Date Established: September 07, 1982
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Interstate: No)
    FDIC's unique #: 16771
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: September 07, 1982
    Last Structure Change Effective Date: August 08, 1994
    Last Structure Change Process Date: August 29, 1994
    Last Data Update: August 29, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 3005 Highway 121, Bedford, TX 76021
    County: Tarrant
    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: $51.1 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $41Total assets
  • $52,474Cash and due from depository institutions
  • $7,737Interest-bearing balances
  • $2,882Securities
  • $17,938Federal funds sold & reverse repurchase agreements
  • $6,175Net loans & leases
  • $18,567Loan loss allowance
  • $180Trading account assets
  • $0Bank premises and fixed assets
  • $1,674Other real estate owned
  • $0Goodwill and other intangibles
  • $383Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $52,474Total liabilities
  • $48,928Total deposits
  • $48,603Interest-bearing deposits
  • $34,652Deposits held in domestic offices
  • 48603.00%% insured (estimated)
  • $95Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $325Total equity capital
  • $325Total bank equity capital
  • $3,546Perpetual preferred stock
  • $0Common stock
  • $4,227Surplus
  • $3,395Undivided profits
  • Memoranda
  • $-4,076Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $94Income earned, not collected on loans
  • $89Earning assets
  • $45,562Long-term assets (5+ years)
  • $1,463Average Assets, year-to-date
  • $49,872Average Assets, quarterly
  • $52,271Volatile liabilities
  • $701Insider loans
  • $54FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $3,122Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $3,546Total risk weighted assets
  • $25,512Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $3,015Total interest expense
  • $874Net interest income
  • $2,141Provision for loan and lease losses
  • $185Total noninterest income
  • $1,320Fiduciary activities
  • $0Service charges on deposit accounts
  • $1,039Trading account gains & fees
  • $0Additional noninterest income
  • $281Total noninterest expense
  • $2,814Salaries and employee benefits
  • $1,175Premises and equipment expense
  • $483Additional noninterest expense
  • $1,156Pre-tax net operating income
  • $462Securities gains (losses)
  • $123Applicable income taxes
  • $205Income before extraordinary items
  • $380Extraordinary gains - net
  • $125Net income attributable to bank
  • $505Net charge-offs
  • $256Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.22%Cost of funding earning assets
  • 2.09%Net interest margin
  • 5.13%Noninterest income to earning assets
  • 3.16%Noninterest expense to earning assets
  • 6.74%Net operating income to assets
  • 0.60%Return on assets (ROA)
  • 1.01%Pretax return on assets
  • 1.42%Return on equity (ROE)
  • 15.47%Retained earnings to average equity (YTD only)
  • 15.47%Net charge-offs to loans
  • 1.45%Credit loss provision to net charge-offs
  • 72.27%Efficiency ratio
  • 81,306Assets per employee
  • 1.28%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.96%Loss allowance to noncurrent loans
  • 191.49%Noncurrent assets plus other real estate owned to assets
  • 0.18%Noncurrent loans to loans
  • 0.50%Net loans and leases to deposits
  • 38.20%Net loans and leases to core deposits
  • 38.76%Equity capital to assets
  • 6.76%Core capital (leverage) ratio
  • 6.99%Tier 1 risk-based capital ratio
  • 13.90%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $49,872Average earning assets
  • $3,264Average equity
  • $41,745Average loans

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