First American Bank, National Association - Overview
General
FDIC Certificate #: 19014 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Guaranty Bond Bank (#1208) Federal Reserve ID: 463061 Date Established: January 24, 1964 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 2 (Interstate: No) OTS Docket #: 10070 FDIC's unique #: 12855 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 24, 1964 Last Structure Change Effective Date: September 01, 1999 Last Structure Change Process Date: September 23, 1999 Last Data Update: September 23, 1999 Data Source Date: April 05, 2012
Location
Address: 919 Gilmer Street, Sulphur Springs, TX 75482 County: Hopkins 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): Sulphur Springs, TX (#44860) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $61.6 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
41Total employees (full-time equivalent)
$61,898Total assets
$3,012Cash and due from depository institutions
$793Interest-bearing balances
$17,178Securities
$1,395Federal funds sold & reverse repurchase agreements
$37,580Net loans & leases
$479Loan loss allowance
$0Trading account assets
$989Bank premises and fixed assets
$12Other real estate owned
$381Goodwill and other intangibles
$0Life insurance assets
$1,351All other assets
$61,898Total liabilities and capital
$57,570Total liabilities
$56,178Total deposits
$47,121Interest-bearing deposits
$56,178Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$1,000Other borrowed funds
$100Subordinated debt
$292All other liabilities
$4,328Total equity capital
$4,328Total bank equity capital
$4,328Perpetual preferred stock
$0Common stock
$240Surplus
$1,427Undivided profits
Memoranda
$2,661Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$354Earning assets
$0Long-term assets (5+ years)
$328Average Assets, year-to-date
$56,946Average Assets, quarterly
$22,744Volatile liabilities
$63,528Insider loans
$62,431FHLB advances
$9,299Loans and leases held for sale
$715Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$4,466Total unused commitments
$0Restructured Loans and leases
$40,340Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$4,855Total interest income
$2,425Total interest expense
$2,430Net interest income
$112Provision for loan and lease losses
$861Total noninterest income
$0Fiduciary activities
$400Service charges on deposit accounts
$0Trading account gains & fees
$461Additional noninterest income
$2,826Total noninterest expense
$1,392Salaries and employee benefits
$337Premises and equipment expense
$1,097Additional noninterest expense
$353Pre-tax net operating income
$22Securities gains (losses)
$0Applicable income taxes
$375Income before extraordinary items
$0Extraordinary gains - net
$375Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$117Sale, conversion, retirement of capital stock, net
$48Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.31%Yield on earning assets
4.15%Cost of funding earning assets
4.16%Net interest margin
1.47%Noninterest income to earning assets
4.84%Noninterest expense to earning assets
0.56%Net operating income to assets
0.59%Return on assets (ROA)
0.59%Pretax return on assets
8.86%Return on equity (ROE)
7.72%Retained earnings to average equity (YTD only)
0.32%Net charge-offs to loans
95.73%Credit loss provision to net charge-offs
3.97%Efficiency ratio
83,440Assets per employee
1.51%Cash dividends to net income (YTD only)
Condition Ratios (%)
12.80%Loss allowance to loans
1.26%Loss allowance to noncurrent loans
135.31%Noncurrent assets plus other real estate owned to assets
0.59%Noncurrent loans to loans
0.93%Net loans and leases to deposits
66.89%Net loans and leases to core deposits
78.49%Equity capital to assets
6.99%Core capital (leverage) ratio
6.76%Tier 1 risk-based capital ratio
10.66%Total risk-based capital ratio
Memoranda
$12Average assets
$63,528Average earning assets
$4,234Average equity
$58,439Average loans
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