FDIC Certificate #: 24367 Status: Active Federal Reserve ID: 697950 Bank Holding Company (Regulatory Top Holder): City Bancshares, Inc. (RSSDID: 3218543, Location: Corsicana, TX) Date Established: Febuary 28, 1983 WWW:http://www.mycnbtx.com Trust Powers Granted: Yes Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 16960 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: No Subchapter S Corporations: Yes Asset Concentration Hierarchy: All Other Specialization < 1 Billion Date of Deposit Insurance: Febuary 28, 1983 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: 1465 West Second Avenue, Corsicana, TX 75110 County: Navarro 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 Core Based Statistical Area (CBSA): Corsicana, TX (#18620) CBSA Micro Statistical Area: Yes
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $43.3 mil Equity capital: $4.4 mil Deposits held in domestic offices: $38.7 mil Return on assets (ROA): 0.66% ($0.3 mil) Quarterly return on assets: 0.10% ($0.0 mil) Return on Equity (ROE): 6.44% ($0.3 mil) Quarterly return on equity: 1.00% ($0.0 mil) Net income: $0.3 mil Quarterly Net income: $0.0 mil Pretax return on assets: 0.66% ($285.9 mil) Quarterly Pretax return on assets: 0.10% ($43.3 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2011)
Dollar figures in thousands
21Total employees (full-time equivalent)
$43,312Total assets
$14,463Cash and due from depository institutions
$12,295Interest-bearing balances
$2,529Securities
$0Federal funds sold & reverse repurchase agreements
$23,842Net loans & leases
$379Loan loss allowance
$0Trading account assets
$882Bank premises and fixed assets
$92Other real estate owned
$0Goodwill and other intangibles
$43,312Life insurance assets
$1,504All other assets
$38,942Total liabilities and capital
$38,675Total liabilities
$28,706Total deposits
$38,675Interest-bearing deposits
$99Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$267Subordinated debt
$4,370All other liabilities
$4,370Total equity capital
$4,370Total bank equity capital
$0Perpetual preferred stock
$1,212Common stock
$1,212Surplus
$1,946Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$268Income earned, not collected on loans
$0Earning assets
$157Long-term assets (5+ years)
$38,666Average Assets, year-to-date
$9,668Average Assets, quarterly
$43,743Volatile liabilities
$44,054Insider loans
$19,480FHLB advances
$43,954Loans and leases held for sale
$975Unused loan commitments
$975Tier 1 (core) risk-based capital
$4,234Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,539Restructured Loans and leases
$272Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,993Total interest income
$180Total interest expense
$1,813Net interest income
$35Provision for loan and lease losses
$312Total noninterest income
$0Fiduciary activities
$246Service charges on deposit accounts
$0Trading account gains & fees
$66Additional noninterest income
$1,803Total noninterest expense
$860Salaries and employee benefits
$233Premises and equipment expense
$710Additional noninterest expense
$287Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$287Income before extraordinary items
$0Extraordinary gains - net
$287Net income attributable to bank
$0Net charge-offs
$287Cash dividends
$28Sale, conversion, retirement of capital stock, net
$329Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.03%Yield on earning assets
0.45%Cost of funding earning assets
4.57%Net interest margin
0.79%Noninterest income to earning assets
4.55%Noninterest expense to earning assets
0.66%Net operating income to assets
0.66%Return on assets (ROA)
0.66%Pretax return on assets
6.44%Return on equity (ROE)
-0.94%Retained earnings to average equity (YTD only)
0.11%Net charge-offs to loans
125.00%Credit loss provision to net charge-offs
11.50%Efficiency ratio
84,847Assets per employee
2.06%Cash dividends to net income (YTD only)
Condition Ratios (%)
114.63%Loss allowance to loans
1.56%Loss allowance to noncurrent loans
141.42%Noncurrent assets plus other real estate owned to assets
0.83%Noncurrent loans to loans
1.11%Net loans and leases to deposits
61.65%Net loans and leases to core deposits
62.71%Equity capital to assets
10.09%Core capital (leverage) ratio
9.63%Tier 1 risk-based capital ratio
21.74%Total risk-based capital ratio
Memoranda
$23Average assets
$43,743Average earning assets
$4,459Average equity
$39,653Average loans
List of branches
1 Texas Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
16960
City National Bank
1465 West Second Avenue, Corsicana, TX 75110
Febuary 28, 1983
Full Service Brick and Mortar
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 City 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: