FDIC Certificate #: 23178 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Inter National Bank (#25879) Federal Reserve ID: 289065 Date Established: August 01, 1980 WWW:http://www.cnbweslaco.com 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 #: 16239 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: August 01, 1980 Last Structure Change Effective Date: August 19, 2005 Last Structure Change Process Date: September 22, 2005 Last Data Update: September 22, 2005 Data Source Date: April 05, 2012
Location
Address: 401 South Kansas, Weslaco, TX 78596 County: Hidalgo 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): McAllen-Edinburg-Mission, TX (#4880) Core Based Statistical Area (CBSA): McAllen-Edinburg-Mission, TX (#32580) CBSA Metro Statistical Area: McAllen-Edinburg-Mission, TX (#32580)
Financial Summary
Total assets: $62.0 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2004)
Dollar figures in thousands
33Total employees (full-time equivalent)
$63,351Total assets
$3,360Cash and due from depository institutions
$697Interest-bearing balances
$12,399Securities
$1,400Federal funds sold & reverse repurchase agreements
$43,363Net loans & leases
$460Loan loss allowance
$0Trading account assets
$1,088Bank premises and fixed assets
$899Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$842All other assets
$63,351Total liabilities and capital
$57,484Total liabilities
$57,238Total deposits
$43,620Interest-bearing deposits
$57,238Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$81Other borrowed funds
$0Subordinated debt
$165All other liabilities
$5,867Total equity capital
$5,867Total bank equity capital
$5,867Perpetual preferred stock
$0Common stock
$1,108Surplus
$1,108Undivided profits
Memoranda
$3,651Noncurrent loans and leases
$3,526Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$424Earning assets
$0Long-term assets (5+ years)
$368Average Assets, year-to-date
$57,859Average Assets, quarterly
$5,097Volatile liabilities
$69,859Insider loans
$64,024FHLB advances
$12,882Loans and leases held for sale
$488Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$3,526Total unused commitments
$0Restructured Loans and leases
$460Derivatives
Income and Expense (December 31, 2004)
Dollar figures in thousands
$3,864Total interest income
$971Total interest expense
$2,893Net interest income
$701Provision for loan and lease losses
$1,080Total noninterest income
$0Fiduciary activities
$856Service charges on deposit accounts
$0Trading account gains & fees
$224Additional noninterest income
$2,958Total noninterest expense
$1,322Salaries and employee benefits
$384Premises and equipment expense
$1,252Additional noninterest expense
$314Pre-tax net operating income
-$141Securities gains (losses)
$0Applicable income taxes
$173Income before extraordinary items
$0Extraordinary gains - net
$173Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$817Sale, conversion, retirement of capital stock, net
$300Net operating income
Performance and Condition Ratios (December 31, 2004)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.11%Yield on earning assets
1.54%Cost of funding earning assets
4.58%Net interest margin
1.71%Noninterest income to earning assets
4.68%Noninterest expense to earning assets
0.45%Net operating income to assets
0.25%Return on assets (ROA)
0.25%Pretax return on assets
2.88%Return on equity (ROE)
-2.12%Retained earnings to average equity (YTD only)
2.09%Net charge-offs to loans
85.80%Credit loss provision to net charge-offs
1.24%Efficiency ratio
74,453Assets per employee
1.92%Cash dividends to net income (YTD only)
Condition Ratios (%)
173.41%Loss allowance to loans
1.05%Loss allowance to noncurrent loans
108.49%Noncurrent assets plus other real estate owned to assets
2.09%Noncurrent loans to loans
0.97%Net loans and leases to deposits
75.76%Net loans and leases to core deposits
97.58%Equity capital to assets
9.26%Core capital (leverage) ratio
9.03%Tier 1 risk-based capital ratio
13.05%Total risk-based capital ratio
Memoranda
$14Average assets
$69,859Average earning assets
$6,004Average equity
$63,211Average loans
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