FDIC Certificate #: 21738 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Texas State Bank (#23346) Federal Reserve ID: 109257 Date Established: August 23, 1974 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 #: 15047 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes Oakar Institutions: Yes State Chartered: No Date of Deposit Insurance: August 23, 1974 Last Structure Change Effective Date: Febuary 20, 1998 Last Structure Change Process Date: March 18, 1998 Last Data Update: March 18, 1998 Data Source Date: April 05, 2012
Location
Address: 629 East Elizabeth, Brownsville, TX 78520 County: Cameron 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 Metropolitan Statistical Area (MSA): Brownsville-Harlingen-San Benito, TX (#1240) Combined Statistical Area (CSA): Brownsville-Harlingen-Raymondville, TX (#154) Core Based Statistical Area (CBSA): Brownsville-Harlingen, TX (#15180) CBSA Metro Statistical Area: Brownsville-Harlingen, TX (#15180)
Financial Summary
Total assets: $97.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
50Total employees (full-time equivalent)
$97,156Total assets
$6,594Cash and due from depository institutions
$100Interest-bearing balances
$32,911Securities
$12,210Federal funds sold & reverse repurchase agreements
$42,414Net loans & leases
$324Loan loss allowance
$0Trading account assets
$1,866Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,161All other assets
$97,156Total liabilities and capital
$85,222Total liabilities
$84,529Total deposits
$70,733Interest-bearing deposits
$84,529Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$693All other liabilities
$11,934Total equity capital
$11,934Total bank equity capital
$11,934Perpetual preferred stock
$0Common stock
$945Surplus
$2,148Undivided profits
Memoranda
$8,841Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$278Earning assets
$0Long-term assets (5+ years)
$532Average Assets, year-to-date
$87,635Average Assets, quarterly
$4,628Volatile liabilities
$97,862Insider loans
$97,281FHLB advances
$26,429Loans and leases held for sale
$412Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$17,340Total unused commitments
$0Restructured Loans and leases
$52,172Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$7,079Total interest income
$3,161Total interest expense
$3,918Net interest income
$130Provision for loan and lease losses
$948Total noninterest income
$0Fiduciary activities
$798Service charges on deposit accounts
$0Trading account gains & fees
$150Additional noninterest income
$2,780Total noninterest expense
$1,550Salaries and employee benefits
$342Premises and equipment expense
$888Additional noninterest expense
$1,956Pre-tax net operating income
$0Securities gains (losses)
$644Applicable income taxes
$1,312Income before extraordinary items
$0Extraordinary gains - net
$1,312Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$94Sale, conversion, retirement of capital stock, net
$804Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.92%Yield on earning assets
3.54%Cost of funding earning assets
4.38%Net interest margin
1.06%Noninterest income to earning assets
3.11%Noninterest expense to earning assets
1.34%Net operating income to assets
1.34%Return on assets (ROA)
2.00%Pretax return on assets
11.12%Return on equity (ROE)
4.31%Retained earnings to average equity (YTD only)
0.22%Net charge-offs to loans
138.30%Credit loss provision to net charge-offs
22.19%Efficiency ratio
57,131Assets per employee
1.94%Cash dividends to net income (YTD only)
Condition Ratios (%)
61.28%Loss allowance to loans
0.76%Loss allowance to noncurrent loans
116.55%Noncurrent assets plus other real estate owned to assets
0.29%Noncurrent loans to loans
0.65%Net loans and leases to deposits
50.18%Net loans and leases to core deposits
73.00%Equity capital to assets
12.28%Core capital (leverage) ratio
12.32%Tier 1 risk-based capital ratio
22.91%Total risk-based capital ratio
Memoranda
$24Average assets
$97,862Average earning assets
$11,798Average equity
$89,360Average loans
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Brownsville National Bank.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: