FDIC Certificate #: 11154 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Vista Bank (#1210) Federal Reserve ID: 909363 Date Established: January 01, 1921 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 7119 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: December 02, 1998 Last Structure Change Process Date: January 07, 1999 Last Data Update: January 07, 1999 Data Source Date: April 05, 2012
Location
Address: 1523 Main, Petersburg, TX 79250 County: Hale 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 Core Based Statistical Area (CBSA): Plainview, TX (#38380) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $15.6 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
6Total employees (full-time equivalent)
$16,164Total assets
$2,087Cash and due from depository institutions
$1,100Interest-bearing balances
$6,733Securities
$3,050Federal funds sold & reverse repurchase agreements
$3,855Net loans & leases
$107Loan loss allowance
$0Trading account assets
$72Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$367All other assets
$16,164Total liabilities and capital
$13,736Total liabilities
$13,618Total deposits
$9,869Interest-bearing deposits
$13,618Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$118All other liabilities
$2,428Total equity capital
$2,428Total bank equity capital
$2,428Perpetual preferred stock
$0Common stock
$400Surplus
$400Undivided profits
Memoranda
$1,628Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$237Average Assets, year-to-date
$14,738Average Assets, quarterly
$374Volatile liabilities
$15,461Insider loans
$15,291FHLB advances
$2,328Loans and leases held for sale
$163Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$95Total unused commitments
$0Restructured Loans and leases
$6,419Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$1,035Total interest income
$418Total interest expense
$617Net interest income
$1Provision for loan and lease losses
$101Total noninterest income
$0Fiduciary activities
$98Service charges on deposit accounts
$0Trading account gains & fees
$3Additional noninterest income
$403Total noninterest expense
$192Salaries and employee benefits
$66Premises and equipment expense
$145Additional noninterest expense
$314Pre-tax net operating income
$2Securities gains (losses)
$79Applicable income taxes
$237Income before extraordinary items
$0Extraordinary gains - net
$237Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$4Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.18%Yield on earning assets
2.90%Cost of funding earning assets
4.28%Net interest margin
0.70%Noninterest income to earning assets
2.79%Noninterest expense to earning assets
1.52%Net operating income to assets
1.53%Return on assets (ROA)
2.04%Pretax return on assets
10.28%Return on equity (ROE)
10.28%Retained earnings to average equity (YTD only)
0.11%Net charge-offs to loans
25.00%Credit loss provision to net charge-offs
78.75%Efficiency ratio
56,128Assets per employee
2.69%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.70%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
28.31%Net loans and leases to core deposits
34.15%Equity capital to assets
15.02%Core capital (leverage) ratio
15.78%Tier 1 risk-based capital ratio
37.76%Total risk-based capital ratio
Memoranda
$39Average assets
$15,461Average earning assets
$2,305Average equity
$14,424Average loans
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