Citizens National Bank in Fort Worth, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 23, 2008

  • Citizens National Bank in Fort Worth, Texas (TX)
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Citizens National Bank - Overview

  • General
  • FDIC Certificate #: 26541
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: The American National Bank of Texas (#23474)
    Federal Reserve ID: 32159
    Date Established: Febuary 12, 1986
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 4 (Interstate: No)
    OTS Docket #: 10919
    FDIC's unique #: 35230
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: Febuary 12, 1986
    Last Structure Change Effective Date: Febuary 23, 2008
    Last Structure Change Process Date: March 04, 2008
    Last Data Update: March 04, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 2720 W 7th Street, Fort Worth, TX 76102
    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: $139.6 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, 2007)

  • Dollar figures in thousands
  • 42Total employees (full-time equivalent)
  • $139,604Total assets
  • $6,972Cash and due from depository institutions
  • $231Interest-bearing balances
  • $0Securities
  • $845Federal funds sold & reverse repurchase agreements
  • $105,554Net loans & leases
  • $1,607Loan loss allowance
  • $0Trading account assets
  • $9,244Bank premises and fixed assets
  • $651Other real estate owned
  • $14,334Goodwill and other intangibles
  • $0Life insurance assets
  • $2,004All other assets
  • $139,604Total liabilities and capital
  • $114,423Total liabilities
  • $110,706Total deposits
  • $82,755Interest-bearing deposits
  • $110,706Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $480Other borrowed funds
  • $0Subordinated debt
  • $3,237All other liabilities
  • $25,181Total equity capital
  • $25,181Total bank equity capital
  • $25,181Perpetual preferred stock
  • $0Common stock
  • $1,438Surplus
  • $24,050Undivided profits
  • Memoranda
  • $-307Noncurrent loans and leases
  • $17,251Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $2,256Earning assets
  • $245Long-term assets (5+ years)
  • $568Average Assets, year-to-date
  • $106,630Average Assets, quarterly
  • $4,980Volatile liabilities
  • $143,312Insider loans
  • $139,490FHLB advances
  • $24,481Loans and leases held for sale
  • $577Unused loan commitments
  • $480Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $17,251Total unused commitments
  • $0Restructured Loans and leases
  • $1,410Derivatives

Income and Expense (December 31, 2007)

  • Dollar figures in thousands
  • $2,383Total interest income
  • $938Total interest expense
  • $1,445Net interest income
  • $350Provision for loan and lease losses
  • $189Total noninterest income
  • $0Fiduciary activities
  • $148Service charges on deposit accounts
  • $0Trading account gains & fees
  • $41Additional noninterest income
  • $1,765Total noninterest expense
  • $706Salaries and employee benefits
  • $351Premises and equipment expense
  • $708Additional noninterest expense
  • -$481Pre-tax net operating income
  • $0Securities gains (losses)
  • -$174Applicable income taxes
  • -$307Income before extraordinary items
  • $0Extraordinary gains - net
  • -$307Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $17Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2007)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 1.92%Yield on earning assets
  • 0.76%Cost of funding earning assets
  • 1.17%Net interest margin
  • 0.15%Noninterest income to earning assets
  • 1.43%Noninterest expense to earning assets
  • -0.21%Net operating income to assets
  • -0.21%Return on assets (ROA)
  • -0.34%Pretax return on assets
  • -2.18%Return on equity (ROE)
  • -2.18%Retained earnings to average equity (YTD only)
  • 0.01%Net charge-offs to loans
  • 2058.82%Credit loss provision to net charge-offs
  • -7.71%Efficiency ratio
  • 97,368Assets per employee
  • 3.32%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.50%Loss allowance to noncurrent loans
  • 71.23%Noncurrent assets plus other real estate owned to assets
  • 2.08%Noncurrent loans to loans
  • 2.11%Net loans and leases to deposits
  • 95.35%Net loans and leases to core deposits
  • 122.42%Equity capital to assets
  • 18.04%Core capital (leverage) ratio
  • 10.55%Tier 1 risk-based capital ratio
  • 11.12%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $143,312Average earning assets
  • $14,089Average equity
  • $123,800Average loans

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