First Texas Bank in Vidor, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 15, 1996

First Texas Bank in Vidor, Texas (TX)
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First Texas Bank - Overview

General
FDIC Certificate #: 22345
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: OrangeBank (#3375)
Federal Reserve ID: 278368
Date Established: October 05, 1976
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 15554
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: October 05, 1976
Last Structure Change Effective Date: July 15, 1996
Last Structure Change Process Date: November 13, 1996
Last Data Update: November 13, 1996
Data Source Date: April 05, 2012
Location
Address: 1255 North Main Street, Vidor, TX 77662
County: Orange
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: $38.6 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

Dollar figures in thousands
0Total employees (full-time equivalent)
$32Total assets
$33,616Cash and due from depository institutions
$3,057Interest-bearing balances
$199Securities
$5,018Federal funds sold & reverse repurchase agreements
$2,725Net loans & leases
$21,727Loan loss allowance
$219Trading account assets
$0Bank premises and fixed assets
$855Other real estate owned
$0Goodwill and other intangibles
$234Life insurance assets
$0All other assets
$0Total liabilities and capital
$33,616Total liabilities
$30,810Total deposits
$30,487Interest-bearing deposits
$19,869Deposits held in domestic offices
30487.00%% insured (estimated)
$95Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$323Total equity capital
$323Total bank equity capital
$2,806Perpetual preferred stock
$0Common stock
$479Surplus
$721Undivided profits
Memoranda
$1,606Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$113Income earned, not collected on loans
$109Earning assets
$29,669Long-term assets (5+ years)
$4,195Average Assets, year-to-date
$32,502Average Assets, quarterly
$33,225Volatile liabilities
$1,859Insider loans
$242FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$2,167Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$2,804Total risk weighted assets
$22,334Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$2,424Total interest expense
$506Net interest income
$1,918Provision for loan and lease losses
$65Total noninterest income
$700Fiduciary activities
$0Service charges on deposit accounts
$477Trading account gains & fees
$0Additional noninterest income
$223Total noninterest expense
$1,414Salaries and employee benefits
$753Premises and equipment expense
$225Additional noninterest expense
$436Pre-tax net operating income
$1,139Securities gains (losses)
-$1Applicable income taxes
$357Income before extraordinary items
$781Extraordinary gains - net
$0Net income attributable to bank
$781Net charge-offs
$70Cash dividends
$308Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1995)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.49%Cost of funding earning assets
1.77%Net interest margin
6.72%Noninterest income to earning assets
2.45%Noninterest expense to earning assets
4.95%Net operating income to assets
2.41%Return on assets (ROA)
2.40%Pretax return on assets
3.50%Return on equity (ROE)
30.44%Retained earnings to average equity (YTD only)
18.43%Net charge-offs to loans
0.34%Credit loss provision to net charge-offs
92.86%Efficiency ratio
54,011Assets per employee
1.05%Cash dividends to net income (YTD only)
Condition Ratios (%)
39.44%Loss allowance to loans
1.00%Loss allowance to noncurrent loans
193.81%Noncurrent assets plus other real estate owned to assets
0.34%Noncurrent loans to loans
0.51%Net loans and leases to deposits
71.27%Net loans and leases to core deposits
75.89%Equity capital to assets
8.35%Core capital (leverage) ratio
8.41%Tier 1 risk-based capital ratio
12.55%Total risk-based capital ratio
Memoranda
$14Average assets
$32,502Average earning assets
$2,566Average equity
$28,541Average loans

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