FDIC Certificate #: 34633 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First National Bank of Borger (#34635) Federal Reserve ID: 2603106 Date Established: December 04, 1997 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Interstate: No) FDIC's unique #: 60856 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: December 04, 1997 Last Structure Change Effective Date: June 26, 2001 Last Structure Change Process Date: August 02, 2001 Last Data Update: August 02, 2001 Data Source Date: April 05, 2012
Location
Address: 501 Avenue F, N.W., Childress, TX 79201 County: Childress Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Lubbock Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: West
Financial Summary
Total assets: $21.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2000)
Dollar figures in thousands
12Total employees (full-time equivalent)
$20,880Total assets
$1,254Cash and due from depository institutions
$0Interest-bearing balances
$590Securities
$325Federal funds sold & reverse repurchase agreements
$16,979Net loans & leases
$270Loan loss allowance
$0Trading account assets
$761Bank premises and fixed assets
$13Other real estate owned
$437Goodwill and other intangibles
$0Life insurance assets
$519All other assets
$20,880Total liabilities and capital
$18,343Total liabilities
$18,264Total deposits
$14,729Interest-bearing deposits
$18,264Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$79All other liabilities
$2,537Total equity capital
$2,537Total bank equity capital
$2,537Perpetual preferred stock
$0Common stock
$1,000Surplus
$1,470Undivided profits
Memoranda
$67Noncurrent loans and leases
$5,198Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$48Earning assets
$0Long-term assets (5+ years)
$476Average Assets, year-to-date
$17,894Average Assets, quarterly
$893Volatile liabilities
$21,322Insider loans
$21,012FHLB advances
$2,496Loans and leases held for sale
$937Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$5,198Total unused commitments
$0Restructured Loans and leases
$232Derivatives
Income and Expense (December 31, 2000)
Dollar figures in thousands
$1,820Total interest income
$576Total interest expense
$1,244Net interest income
$95Provision for loan and lease losses
$321Total noninterest income
$0Fiduciary activities
$306Service charges on deposit accounts
$0Trading account gains & fees
$15Additional noninterest income
$861Total noninterest expense
$342Salaries and employee benefits
$121Premises and equipment expense
$398Additional noninterest expense
$609Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$609Income before extraordinary items
$0Extraordinary gains - net
$609Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$78Sale, conversion, retirement of capital stock, net
$836Net operating income
Performance and Condition Ratios (December 31, 2000)
Dollar figures in thousands
Performance Ratios (%, annualized)
9.78%Yield on earning assets
3.09%Cost of funding earning assets
6.68%Net interest margin
1.72%Noninterest income to earning assets
4.63%Noninterest expense to earning assets
2.86%Net operating income to assets
2.86%Return on assets (ROA)
2.86%Pretax return on assets
23.14%Return on equity (ROE)
-8.63%Retained earnings to average equity (YTD only)
0.45%Net charge-offs to loans
121.79%Credit loss provision to net charge-offs
9.03%Efficiency ratio
52,013Assets per employee
1.74%Cash dividends to net income (YTD only)
Condition Ratios (%)
137.27%Loss allowance to loans
1.57%Loss allowance to noncurrent loans
562.50%Noncurrent assets plus other real estate owned to assets
0.29%Noncurrent loans to loans
0.28%Net loans and leases to deposits
92.96%Net loans and leases to core deposits
107.68%Equity capital to assets
12.15%Core capital (leverage) ratio
10.13%Tier 1 risk-based capital ratio
11.33%Total risk-based capital ratio
Memoranda
$13Average assets
$21,322Average earning assets
$2,632Average equity
$18,614Average loans
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