FDIC Certificate #: 19221 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First Bank and Trust (#21477) Federal Reserve ID: 252760 Date Established: September 08, 1964 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Interstate: No) FDIC's unique #: 13039 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: No Date of Deposit Insurance: September 08, 1964 Last Structure Change Effective Date: Febuary 20, 1998 Last Structure Change Process Date: April 22, 1998 Last Data Update: April 22, 1998 Data Source Date: April 05, 2012
Location
Address: 401 Highway 96 South, Silsbee, TX 77656 County: Hardin 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): Beaumont-Port Arthur, TX (#840) Core Based Statistical Area (CBSA): Beaumont-Port Arthur, TX (#13140) CBSA Metro Statistical Area: Beaumont-Port Arthur, TX (#13140)
Financial Summary
Total assets: $52.1 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
17Total employees (full-time equivalent)
$52,076Total assets
$6,684Cash and due from depository institutions
$3,200Interest-bearing balances
$11,787Securities
$14,240Federal funds sold & reverse repurchase agreements
$17,860Net loans & leases
$200Loan loss allowance
$0Trading account assets
$1,162Bank premises and fixed assets
$97Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$246All other assets
$52,076Total liabilities and capital
$47,613Total liabilities
$47,220Total deposits
$41,443Interest-bearing deposits
$47,220Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$393All other liabilities
$4,463Total equity capital
$4,463Total bank equity capital
$4,463Perpetual preferred stock
$0Common stock
$1,153Surplus
$1,153Undivided profits
Memoranda
$2,157Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$107Earning assets
$0Long-term assets (5+ years)
$87Average Assets, year-to-date
$47,087Average Assets, quarterly
$2,054Volatile liabilities
$48,842Insider loans
$51,530FHLB advances
$5,192Loans and leases held for sale
$44Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,921Total unused commitments
$0Restructured Loans and leases
$23,999Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$3,332Total interest income
$1,683Total interest expense
$1,649Net interest income
$17Provision for loan and lease losses
$335Total noninterest income
$0Fiduciary activities
$255Service charges on deposit accounts
$0Trading account gains & fees
$80Additional noninterest income
$1,334Total noninterest expense
$633Salaries and employee benefits
$221Premises and equipment expense
$480Additional noninterest expense
$633Pre-tax net operating income
$0Securities gains (losses)
$217Applicable income taxes
$416Income before extraordinary items
$0Extraordinary gains - net
$416Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$28Sale, conversion, retirement of capital stock, net
$58Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.53%Yield on earning assets
3.80%Cost of funding earning assets
3.73%Net interest margin
0.76%Noninterest income to earning assets
3.02%Noninterest expense to earning assets
0.85%Net operating income to assets
0.85%Return on assets (ROA)
1.30%Pretax return on assets
9.84%Return on equity (ROE)
8.47%Retained earnings to average equity (YTD only)
0.14%Net charge-offs to loans
60.71%Credit loss provision to net charge-offs
23.21%Efficiency ratio
67,238Assets per employee
3.06%Cash dividends to net income (YTD only)
Condition Ratios (%)
13.94%Loss allowance to loans
1.11%Loss allowance to noncurrent loans
186.92%Noncurrent assets plus other real estate owned to assets
0.39%Noncurrent loans to loans
0.59%Net loans and leases to deposits
37.82%Net loans and leases to core deposits
42.50%Equity capital to assets
8.57%Core capital (leverage) ratio
8.51%Tier 1 risk-based capital ratio
18.51%Total risk-based capital ratio
Memoranda
$19Average assets
$48,842Average earning assets
$4,229Average equity
$44,234Average loans
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