FDIC Certificate #: 2407 Status: Inactive Closing history: Corrections Acquiring institution:First Bank & Trust East Texas (#17233) Federal Reserve ID: 759054 Date Established: January 01, 1926 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 1584 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: Febuary 09, 1999 Last Structure Change Process Date: April 07, 1999 Last Data Update: May 21, 1999 Data Source Date: April 05, 2012
Location
Address: 200 East Crockett Street, Cleveland, TX 77327 County: Liberty 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): Houston, TX (#3360) Consolidated Metropolitan Statistical Area (CMSA): Houston-Galveston-Brazoria, TX (#42) Combined Statistical Area (CSA): Houston-Baytown-Huntsville, TX (#288) Core Based Statistical Area (CBSA): Houston-Sugar Land-Baytown, TX (#26420) CBSA Metro Statistical Area: Houston-Sugar Land-Baytown, TX (#26420)
History of Changes
Merger - Without Assistance
Corrections
Financial Summary
Total assets: $74.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
43Total employees (full-time equivalent)
$74,225Total assets
$6,016Cash and due from depository institutions
$2,669Interest-bearing balances
$28,450Securities
$8,750Federal funds sold & reverse repurchase agreements
$28,561Net loans & leases
$462Loan loss allowance
$0Trading account assets
$1,845Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$603All other assets
$74,225Total liabilities and capital
$65,060Total liabilities
$64,122Total deposits
$42,344Interest-bearing deposits
$64,122Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$938All other liabilities
$9,165Total equity capital
$9,165Total bank equity capital
$9,165Perpetual preferred stock
$0Common stock
$1,000Surplus
$6,980Undivided profits
Memoranda
$1,185Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$129Earning assets
$0Long-term assets (5+ years)
$149Average Assets, year-to-date
$68,430Average Assets, quarterly
$18,952Volatile liabilities
$73,817Insider loans
$74,108FHLB advances
$1,149Loans and leases held for sale
$864Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$4,603Total unused commitments
$0Restructured Loans and leases
$36,315Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$4,990Total interest income
$1,607Total interest expense
$3,383Net interest income
-$24Provision for loan and lease losses
$1,226Total noninterest income
$0Fiduciary activities
$777Service charges on deposit accounts
$0Trading account gains & fees
$449Additional noninterest income
$3,096Total noninterest expense
$1,632Salaries and employee benefits
$575Premises and equipment expense
$889Additional noninterest expense
$1,537Pre-tax net operating income
$0Securities gains (losses)
$489Applicable income taxes
$1,048Income before extraordinary items
$0Extraordinary gains - net
$1,048Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$4Sale, conversion, retirement of capital stock, net
$585Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.35%Yield on earning assets
2.37%Cost of funding earning assets
4.99%Net interest margin
1.81%Noninterest income to earning assets
4.56%Noninterest expense to earning assets
1.42%Net operating income to assets
1.42%Return on assets (ROA)
2.08%Pretax return on assets
11.81%Return on equity (ROE)
5.22%Retained earnings to average equity (YTD only)
-0.01%Net charge-offs to loans
600.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
67,173Assets per employee
1.73%Cash dividends to net income (YTD only)
Condition Ratios (%)
55.82%Loss allowance to loans
1.59%Loss allowance to noncurrent loans
358.14%Noncurrent assets plus other real estate owned to assets
0.17%Noncurrent loans to loans
0.44%Net loans and leases to deposits
44.54%Net loans and leases to core deposits
45.35%Equity capital to assets
12.35%Core capital (leverage) ratio
12.31%Tier 1 risk-based capital ratio
25.20%Total risk-based capital ratio
Memoranda
$26Average assets
$73,817Average earning assets
$8,876Average equity
$67,848Average loans
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