FDIC Certificate #: 12683 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:National Bank of Commerce (#24567) Federal Reserve ID: 243067 Date Established: Febuary 01, 1909 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 8046 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: Yes Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: March 31, 1998 Last Structure Change Process Date: April 22, 1998 Last Data Update: April 22, 1998 Data Source Date: April 05, 2012
Location
Address: 301 North Main Street, Shamrock, TX 79079 County: Wheeler 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: $20.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
10Total employees (full-time equivalent)
$20,168Total assets
$1,095Cash and due from depository institutions
$0Interest-bearing balances
$8,767Securities
$1,750Federal funds sold & reverse repurchase agreements
$7,754Net loans & leases
$131Loan loss allowance
$0Trading account assets
$215Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$587All other assets
$20,168Total liabilities and capital
$18,050Total liabilities
$17,743Total deposits
$13,405Interest-bearing deposits
$17,743Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$307All other liabilities
$2,118Total equity capital
$2,118Total bank equity capital
$2,118Perpetual preferred stock
$0Common stock
$200Surplus
$1,000Undivided profits
Memoranda
$918Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$139Earning assets
$0Long-term assets (5+ years)
$116Average Assets, year-to-date
$18,271Average Assets, quarterly
$386Volatile liabilities
$22,023Insider loans
$20,703FHLB advances
$1,706Loans and leases held for sale
$1,102Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,278Total unused commitments
$0Restructured Loans and leases
$9,656Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$1,505Total interest income
$676Total interest expense
$829Net interest income
$539Provision for loan and lease losses
$327Total noninterest income
$0Fiduciary activities
$35Service charges on deposit accounts
$0Trading account gains & fees
$292Additional noninterest income
$598Total noninterest expense
$308Salaries and employee benefits
$108Premises and equipment expense
$182Additional noninterest expense
$19Pre-tax net operating income
$0Securities gains (losses)
$8Applicable income taxes
$11Income before extraordinary items
$0Extraordinary gains - net
$11Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$514Sale, conversion, retirement of capital stock, net
$6Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.48%Yield on earning assets
3.36%Cost of funding earning assets
4.12%Net interest margin
1.63%Noninterest income to earning assets
2.97%Noninterest expense to earning assets
0.05%Net operating income to assets
0.05%Return on assets (ROA)
0.09%Pretax return on assets
0.53%Return on equity (ROE)
0.24%Retained earnings to average equity (YTD only)
5.76%Net charge-offs to loans
104.86%Credit loss provision to net charge-offs
1.09%Efficiency ratio
51,730Assets per employee
2.02%Cash dividends to net income (YTD only)
Condition Ratios (%)
54.55%Loss allowance to loans
1.66%Loss allowance to noncurrent loans
94.24%Noncurrent assets plus other real estate owned to assets
0.69%Noncurrent loans to loans
1.76%Net loans and leases to deposits
43.70%Net loans and leases to core deposits
48.35%Equity capital to assets
10.50%Core capital (leverage) ratio
9.96%Tier 1 risk-based capital ratio
21.84%Total risk-based capital ratio
Memoranda
$23Average assets
$22,023Average earning assets
$2,063Average equity
$20,121Average loans
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