FDIC Certificate #: 31050 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First Victoria National Bank (#5570) Federal Reserve ID: 940272 Date Established: January 01, 1958 Bank Charter Class: Savings banks, state charter, supervised by the FDIC Offices: 2 (Interstate: No) OTS Docket #: 6312 FDIC's unique #: 43884 Numeric code: 41 Regulator: FDIC Insurance Fund Membership: Savings Association Insurance Fund (SAIF) FDIC Insured: Yes SAIF Insured: Yes Insured Savings Institution: Yes State Chartered: Yes Date of Deposit Insurance: April 24, 1959 Last Structure Change Effective Date: April 24, 2000 Last Structure Change Process Date: June 15, 2000 Last Data Update: June 15, 2000 Data Source Date: April 05, 2012
Location
Address: 601 North Wells, Edna, TX 77957 County: Jackson 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
Financial Summary
Total assets: $44.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1999)
Dollar figures in thousands
12Total employees (full-time equivalent)
$44,363Total assets
$2,625Cash and due from depository institutions
$1,130Interest-bearing balances
$15,281Securities
$0Federal funds sold & reverse repurchase agreements
$25,761Net loans & leases
$83Loan loss allowance
$0Trading account assets
$297Bank premises and fixed assets
$34Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$365All other assets
$44,363Total liabilities and capital
$41,236Total liabilities
$34,105Total deposits
$31,232Interest-bearing deposits
$34,105Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$6,960Other borrowed funds
$0Subordinated debt
$171All other liabilities
$3,127Total equity capital
$3,127Total bank equity capital
$3,127Perpetual preferred stock
$0Common stock
$231Surplus
$118Undivided profits
Memoranda
$2,778Noncurrent loans and leases
$1,003Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$45Earning assets
$0Long-term assets (5+ years)
$189Average Assets, year-to-date
$42,172Average Assets, quarterly
$6,501Volatile liabilities
$42,971Insider loans
$43,795FHLB advances
$9,456Loans and leases held for sale
$391Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,003Total unused commitments
$0Restructured Loans and leases
$83Derivatives
Income and Expense (December 31, 1999)
Dollar figures in thousands
$2,888Total interest income
$1,608Total interest expense
$1,280Net interest income
$12Provision for loan and lease losses
$85Total noninterest income
$0Fiduciary activities
$82Service charges on deposit accounts
$0Trading account gains & fees
$3Additional noninterest income
$807Total noninterest expense
$356Salaries and employee benefits
$106Premises and equipment expense
$345Additional noninterest expense
$546Pre-tax net operating income
$10Securities gains (losses)
$183Applicable income taxes
$373Income before extraordinary items
$0Extraordinary gains - net
$373Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$92Net operating income
Performance and Condition Ratios (December 31, 1999)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.00%Yield on earning assets
3.90%Cost of funding earning assets
3.10%Net interest margin
0.21%Noninterest income to earning assets
1.96%Noninterest expense to earning assets
0.85%Net operating income to assets
0.87%Return on assets (ROA)
1.29%Pretax return on assets
12.14%Return on equity (ROE)
9.15%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
59,121Assets per employee
3.70%Cash dividends to net income (YTD only)
Condition Ratios (%)
24.66%Loss allowance to loans
0.32%Loss allowance to noncurrent loans
184.44%Noncurrent assets plus other real estate owned to assets
0.18%Noncurrent loans to loans
0.17%Net loans and leases to deposits
75.53%Net loans and leases to core deposits
83.88%Equity capital to assets
7.05%Core capital (leverage) ratio
7.31%Tier 1 risk-based capital ratio
14.46%Total risk-based capital ratio
Memoranda
$15Average assets
$42,971Average earning assets
$3,072Average equity
$41,256Average loans
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