FDIC Certificate #: 23068 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:The City National Bank of Sulphur Springs (#5544) Federal Reserve ID: 534961 Date Established: January 28, 1980 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 #: 16157 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: January 28, 1980 Last Structure Change Effective Date: December 31, 1998 Last Structure Change Process Date: Febuary 04, 1999 Last Data Update: Febuary 04, 1999 Data Source Date: April 05, 2012
Location
Address: 1133 Mockingbird Lane, 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: $23.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
15Total employees (full-time equivalent)
$25,631Total assets
$1,697Cash and due from depository institutions
$0Interest-bearing balances
$2,744Securities
$1,315Federal funds sold & reverse repurchase agreements
$18,586Net loans & leases
$490Loan loss allowance
$0Trading account assets
$469Bank premises and fixed assets
$504Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$316All other assets
$25,631Total liabilities and capital
$24,174Total liabilities
$24,087Total deposits
$18,870Interest-bearing deposits
$24,087Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$87All other liabilities
$1,457Total equity capital
$1,457Total bank equity capital
$1,457Perpetual preferred stock
$0Common stock
$1,000Surplus
$1,139Undivided profits
Memoranda
$-682Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$3,133Earning assets
$1,569Long-term assets (5+ years)
$277Average Assets, year-to-date
$22,645Average Assets, quarterly
$2,438Volatile liabilities
$28,383Insider loans
$26,326FHLB advances
$2,124Loans and leases held for sale
$426Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,388Total unused commitments
$0Restructured Loans and leases
$20,014Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$2,081Total interest income
$945Total interest expense
$1,136Net interest income
$798Provision for loan and lease losses
$547Total noninterest income
$0Fiduciary activities
$434Service charges on deposit accounts
$0Trading account gains & fees
$113Additional noninterest income
$1,534Total noninterest expense
$627Salaries and employee benefits
$186Premises and equipment expense
$721Additional noninterest expense
-$649Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
-$649Income before extraordinary items
$0Extraordinary gains - net
-$649Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$880Sale, conversion, retirement of capital stock, net
$29Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.40%Yield on earning assets
3.81%Cost of funding earning assets
4.58%Net interest margin
2.21%Noninterest income to earning assets
6.19%Noninterest expense to earning assets
-2.29%Net operating income to assets
-2.29%Return on assets (ROA)
-2.29%Pretax return on assets
-36.29%Return on equity (ROE)
-37.91%Retained earnings to average equity (YTD only)
4.42%Net charge-offs to loans
90.68%Credit loss provision to net charge-offs
0.17%Efficiency ratio
91,147Assets per employee
1.71%Cash dividends to net income (YTD only)
Condition Ratios (%)
-4.47%Loss allowance to loans
2.57%Loss allowance to noncurrent loans
15.64%Noncurrent assets plus other real estate owned to assets
14.19%Noncurrent loans to loans
16.42%Net loans and leases to deposits
77.16%Net loans and leases to core deposits
84.62%Equity capital to assets
5.68%Core capital (leverage) ratio
5.41%Tier 1 risk-based capital ratio
7.29%Total risk-based capital ratio
Memoranda
$9Average assets
$28,383Average earning assets
$1,789Average equity
$24,787Average loans
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