First State Bank of Canadian, National Association - Overview
General
FDIC Certificate #: 34634 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:InterBank (#27210) Federal Reserve ID: 2604514 Date Established: December 04, 1997 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 2 (Interstate: No) FDIC's unique #: 60857 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: No Date of Deposit Insurance: December 04, 1997 Last Structure Change Effective Date: December 31, 2010 Last Structure Change Process Date: January 04, 2011 Last Data Update: January 04, 2011 Data Source Date: April 05, 2012
Location
Address: 115 Main Street, Canadian, TX 79014 County: Hemphill 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
Financial Summary
Total assets: $125.1 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
2000 - 2011 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, 2009)
Dollar figures in thousands
26Total employees (full-time equivalent)
$123,433Total assets
$10,067Cash and due from depository institutions
$8,426Interest-bearing balances
$47Securities
$0Federal funds sold & reverse repurchase agreements
$108,406Net loans & leases
$1,086Loan loss allowance
$0Trading account assets
$1,760Bank premises and fixed assets
$8Other real estate owned
$873Goodwill and other intangibles
$0Life insurance assets
$2,272All other assets
$123,433Total liabilities and capital
$110,495Total liabilities
$110,361Total deposits
$89,744Interest-bearing deposits
$110,361Deposits held in domestic offices
92.37%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$134All other liabilities
$12,938Total equity capital
$12,938Total bank equity capital
$12,938Perpetual preferred stock
$0Common stock
$1,000Surplus
$5,350Undivided profits
Memoranda
$6,588Noncurrent loans and leases
$54,191Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$831Earning assets
$0Long-term assets (5+ years)
$1,263Average Assets, year-to-date
$116,879Average Assets, quarterly
$15,673Volatile liabilities
$124,785Insider loans
$118,193FHLB advances
$26,932Loans and leases held for sale
$1,742Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$54,191Total unused commitments
$0Restructured Loans and leases
$1,086Derivatives
Income and Expense (December 31, 2009)
Dollar figures in thousands
$5,864Total interest income
$912Total interest expense
$4,952Net interest income
$529Provision for loan and lease losses
$535Total noninterest income
$0Fiduciary activities
$390Service charges on deposit accounts
$0Trading account gains & fees
$145Additional noninterest income
$2,371Total noninterest expense
$1,061Salaries and employee benefits
$148Premises and equipment expense
$1,162Additional noninterest expense
$2,587Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$2,587Income before extraordinary items
$0Extraordinary gains - net
$2,587Net income attributable to bank
$0Net charge-offs
$2,587Cash dividends
$633Sale, conversion, retirement of capital stock, net
$3,080Net operating income
Performance and Condition Ratios (December 31, 2009)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.12%Yield on earning assets
0.80%Cost of funding earning assets
4.32%Net interest margin
0.47%Noninterest income to earning assets
2.07%Noninterest expense to earning assets
2.07%Net operating income to assets
2.07%Return on assets (ROA)
2.07%Pretax return on assets
18.56%Return on equity (ROE)
-3.54%Retained earnings to average equity (YTD only)
0.57%Net charge-offs to loans
83.57%Credit loss provision to net charge-offs
4.92%Efficiency ratio
43,211Assets per employee
4.75%Cash dividends to net income (YTD only)
Condition Ratios (%)
119.06%Loss allowance to loans
0.99%Loss allowance to noncurrent loans
130.69%Noncurrent assets plus other real estate owned to assets
0.68%Noncurrent loans to loans
0.76%Net loans and leases to deposits
98.23%Net loans and leases to core deposits
129.94%Equity capital to assets
10.48%Core capital (leverage) ratio
10.12%Tier 1 risk-based capital ratio
10.58%Total risk-based capital ratio
Memoranda
$12Average assets
$124,785Average earning assets
$13,939Average equity
$114,607Average loans
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First State Bank of Canadian, National Association
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