Citizens Bank of Texas, National Association in New Waverly, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 07, 2003

  • Citizens Bank of Texas, National Association in New Waverly, Texas (TX)
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Citizens Bank of Texas, National Association - Overview

  • General
  • FDIC Certificate #: 10336
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Victoria National Bank (#5570)
    Federal Reserve ID: 706067
    Date Established: January 01, 1907
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 3 (Interstate: No)
    FDIC's unique #: 6622
    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: January 01, 1934
    Last Structure Change Effective Date: November 07, 2003
    Last Structure Change Process Date: December 12, 2003
    Last Data Update: December 12, 2003
    Data Source Date: April 05, 2012
  • Location
  • Address: Highway 75 And Fm 1375, New Waverly, TX 77358
    County: Walker
    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): Houston-Baytown-Huntsville, TX (#288)
    Core Based Statistical Area (CBSA): Huntsville, TX (#26660)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $126.5 mil

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

2000 - 2011 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, 2002)

  • Dollar figures in thousands
  • 64Total employees (full-time equivalent)
  • $120,018Total assets
  • $5,229Cash and due from depository institutions
  • $594Interest-bearing balances
  • $1,756Securities
  • $9,080Federal funds sold & reverse repurchase agreements
  • $90,482Net loans & leases
  • $1,436Loan loss allowance
  • $0Trading account assets
  • $2,869Bank premises and fixed assets
  • $1,135Other real estate owned
  • $7,746Goodwill and other intangibles
  • $0Life insurance assets
  • $1,721All other assets
  • $120,018Total liabilities and capital
  • $102,414Total liabilities
  • $102,122Total deposits
  • $80,863Interest-bearing deposits
  • $102,122Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $292All other liabilities
  • $17,604Total equity capital
  • $17,604Total bank equity capital
  • $17,604Perpetual preferred stock
  • $0Common stock
  • $500Surplus
  • $18,337Undivided profits
  • Memoranda
  • $-1,233Noncurrent loans and leases
  • $9,418Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $561Earning assets
  • $0Long-term assets (5+ years)
  • $411Average Assets, year-to-date
  • $101,912Average Assets, quarterly
  • $2,688Volatile liabilities
  • $124,432Insider loans
  • $124,553FHLB advances
  • $35,096Loans and leases held for sale
  • $361Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $9,418Total unused commitments
  • $30Restructured Loans and leases
  • $1,176Derivatives

Income and Expense (December 31, 2002)

  • Dollar figures in thousands
  • $6,711Total interest income
  • $2,387Total interest expense
  • $4,324Net interest income
  • $1,520Provision for loan and lease losses
  • $1,146Total noninterest income
  • $0Fiduciary activities
  • $1,016Service charges on deposit accounts
  • $0Trading account gains & fees
  • $130Additional noninterest income
  • $8,408Total noninterest expense
  • $2,020Salaries and employee benefits
  • $533Premises and equipment expense
  • $5,855Additional noninterest expense
  • -$4,458Pre-tax net operating income
  • $0Securities gains (losses)
  • -$1,514Applicable income taxes
  • -$2,944Income before extraordinary items
  • $0Extraordinary gains - net
  • -$2,944Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $1,243Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2002)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.31%Yield on earning assets
  • 2.24%Cost of funding earning assets
  • 4.07%Net interest margin
  • 1.08%Noninterest income to earning assets
  • 7.91%Noninterest expense to earning assets
  • -2.37%Net operating income to assets
  • -2.37%Return on assets (ROA)
  • -3.58%Pretax return on assets
  • -16.24%Return on equity (ROE)
  • -16.24%Retained earnings to average equity (YTD only)
  • 1.36%Net charge-offs to loans
  • 122.28%Credit loss provision to net charge-offs
  • -2.36%Efficiency ratio
  • 153,711Assets per employee
  • 1.88%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.56%Loss allowance to noncurrent loans
  • 255.97%Noncurrent assets plus other real estate owned to assets
  • 1.41%Noncurrent loans to loans
  • 0.61%Net loans and leases to deposits
  • 88.60%Net loans and leases to core deposits
  • 135.00%Equity capital to assets
  • 14.67%Core capital (leverage) ratio
  • 8.92%Tier 1 risk-based capital ratio
  • 10.49%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $124,432Average earning assets
  • $18,134Average equity
  • $106,346Average loans

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