First Interstate Bank of Jacksonville in Jacksonville, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 16, 1993

First Interstate Bank of Jacksonville in Jacksonville, Texas (TX)
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First Interstate Bank of Jacksonville - Overview

General
FDIC Certificate #: 8443
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Wells Fargo Bank Texas, National Association (#24344)
Federal Reserve ID: 738853
Date Established: January 01, 1921
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
FDIC's unique #: 5374
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: April 16, 1993
Last Structure Change Process Date: May 04, 1993
Last Data Update: May 04, 1993
Data Source Date: April 05, 2012
Location
Address: 222 South Ragsdale Street, Jacksonville, TX 75766
County: Cherokee
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
Combined Statistical Area (CSA): Tyler-Jacksonville, TX (#540)
Core Based Statistical Area (CBSA): Jacksonville, TX (#27380)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $68.5 mil

Assets and Liabilities (December 31, 1992)

Dollar figures in thousands
0Total employees (full-time equivalent)
$21Total assets
$70,894Cash and due from depository institutions
$4,237Interest-bearing balances
$100Securities
$28,431Federal funds sold & reverse repurchase agreements
$17,237Net loans & leases
$19,433Loan loss allowance
$739Trading account assets
$0Bank premises and fixed assets
$814Other real estate owned
$0Goodwill and other intangibles
$742Life insurance assets
$0All other assets
$0Total liabilities and capital
$70,894Total liabilities
$60,225Total deposits
$59,902Interest-bearing deposits
$49,992Deposits held in domestic offices
59902.00%% insured (estimated)
$89Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$323Total equity capital
$323Total bank equity capital
$10,669Perpetual preferred stock
$0Common stock
$1,200Surplus
$1,700Undivided profits
Memoranda
$7,769Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$444Income earned, not collected on loans
$114Earning assets
$65,201Long-term assets (5+ years)
$1,166Average Assets, year-to-date
$86,302Average Assets, quarterly
$78,734Volatile liabilities
$3,488Insider loans
$0FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$2,745Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$10,669Total risk weighted assets
$24,870Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1992)

Dollar figures in thousands
$0Total interest income
$5,473Total interest expense
$1,875Net interest income
$3,598Provision for loan and lease losses
$276Total noninterest income
$636Fiduciary activities
$0Service charges on deposit accounts
$554Trading account gains & fees
$22Additional noninterest income
$60Total noninterest expense
$2,070Salaries and employee benefits
$721Premises and equipment expense
$192Additional noninterest expense
$1,157Pre-tax net operating income
$1,888Securities gains (losses)
$0Applicable income taxes
$592Income before extraordinary items
$1,296Extraordinary gains - net
$0Net income attributable to bank
$1,296Net charge-offs
$27Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1992)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
6.63%Cost of funding earning assets
2.27%Net interest margin
4.36%Noninterest income to earning assets
0.77%Noninterest expense to earning assets
2.51%Net operating income to assets
1.50%Return on assets (ROA)
1.50%Pretax return on assets
2.19%Return on equity (ROE)
12.94%Retained earnings to average equity (YTD only)
12.94%Net charge-offs to loans
0.12%Credit loss provision to net charge-offs
1022.22%Efficiency ratio
48,890Assets per employee
3.38%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.66%Loss allowance to noncurrent loans
166.44%Noncurrent assets plus other real estate owned to assets
0.63%Noncurrent loans to loans
2.20%Net loans and leases to deposits
32.44%Net loans and leases to core deposits
34.45%Equity capital to assets
15.05%Core capital (leverage) ratio
14.76%Tier 1 risk-based capital ratio
42.90%Total risk-based capital ratio
Memoranda
$44Average assets
$86,302Average earning assets
$10,018Average equity
$82,575Average loans

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