FDIC Certificate #: 3284 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Regions Bank (#12368) Federal Reserve ID: 612355 Date Established: January 01, 1906 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 3 (Interstate: No) FDIC's unique #: 2123 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 01, 1934 Last Structure Change Effective Date: September 10, 1998 Last Structure Change Process Date: October 06, 1998 Last Data Update: October 06, 1998 Data Source Date: April 05, 2012
Location
Address: 910 North Kilgore Street, Kilgore, TX 75662 County: Gregg 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 Metropolitan Statistical Area (MSA): Longview-Marshall, TX (#4420) Combined Statistical Area (CSA): Longview-Marshall, TX (#346) Core Based Statistical Area (CBSA): Longview, TX (#30980) CBSA Metro Statistical Area: Longview, TX (#30980)
Financial Summary
Total assets: $166.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
62Total employees (full-time equivalent)
$166,354Total assets
$9,180Cash and due from depository institutions
$0Interest-bearing balances
$63,665Securities
$7,340Federal funds sold & reverse repurchase agreements
$73,520Net loans & leases
$1,284Loan loss allowance
$0Trading account assets
$4,369Bank premises and fixed assets
$1,182Other real estate owned
$5,364Goodwill and other intangibles
$0Life insurance assets
$1,734All other assets
$166,354Total liabilities and capital
$151,486Total liabilities
$150,788Total deposits
$115,752Interest-bearing deposits
$150,788Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$698All other liabilities
$14,868Total equity capital
$14,868Total bank equity capital
$14,868Perpetual preferred stock
$0Common stock
$750Surplus
$12,718Undivided profits
Memoranda
$1,400Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,586Earning assets
$1,095Long-term assets (5+ years)
$628Average Assets, year-to-date
$144,525Average Assets, quarterly
$20,647Volatile liabilities
$142,273Insider loans
$148,201FHLB advances
$10,569Loans and leases held for sale
$5,008Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$8,335Total unused commitments
$0Restructured Loans and leases
$93,224Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$10,193Total interest income
$3,549Total interest expense
$6,644Net interest income
$1,322Provision for loan and lease losses
$1,378Total noninterest income
$0Fiduciary activities
$1,020Service charges on deposit accounts
$0Trading account gains & fees
$358Additional noninterest income
$5,176Total noninterest expense
$2,336Salaries and employee benefits
$763Premises and equipment expense
$2,077Additional noninterest expense
$1,524Pre-tax net operating income
$0Securities gains (losses)
$542Applicable income taxes
$982Income before extraordinary items
$0Extraordinary gains - net
$982Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$1,217Sale, conversion, retirement of capital stock, net
$2,400Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.24%Yield on earning assets
2.87%Cost of funding earning assets
5.37%Net interest margin
1.11%Noninterest income to earning assets
4.18%Noninterest expense to earning assets
0.69%Net operating income to assets
0.69%Return on assets (ROA)
1.07%Pretax return on assets
6.29%Return on equity (ROE)
-9.08%Retained earnings to average equity (YTD only)
1.73%Net charge-offs to loans
108.63%Credit loss provision to net charge-offs
2.34%Efficiency ratio
60,272Assets per employee
2.68%Cash dividends to net income (YTD only)
Condition Ratios (%)
244.40%Loss allowance to loans
1.72%Loss allowance to noncurrent loans
80.96%Noncurrent assets plus other real estate owned to assets
1.66%Noncurrent loans to loans
2.12%Net loans and leases to deposits
48.76%Net loans and leases to core deposits
52.43%Equity capital to assets
8.94%Core capital (leverage) ratio
6.66%Tier 1 risk-based capital ratio
9.81%Total risk-based capital ratio
Memoranda
$11Average assets
$142,273Average earning assets
$15,611Average equity
$123,738Average loans
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