Mineola State Bank in Mineola, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 16, 1993

  • Mineola State Bank in Mineola, Texas (TX)
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Mineola State Bank - Overview

  • General
  • FDIC Certificate #: 22979
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Service Bank (#15374)
    Federal Reserve ID: 420859
    Date Established: November 15, 1979
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 16080
    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: November 15, 1979
    Last Structure Change Effective Date: March 16, 1993
    Last Structure Change Process Date: April 19, 1993
    Last Data Update: April 19, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: 536 East Broad Street, Mineola, TX 75773
    County: Wood
    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
  • Financial Summary
  • Total assets: $23.1 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $18Total assets
  • $23,137Cash and due from depository institutions
  • $1,534Interest-bearing balances
  • $0Securities
  • $5,457Federal funds sold & reverse repurchase agreements
  • $1,650Net loans & leases
  • $13,825Loan loss allowance
  • $370Trading account assets
  • $0Bank premises and fixed assets
  • $401Other real estate owned
  • $151Goodwill and other intangibles
  • $119Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $23,137Total liabilities
  • $21,421Total deposits
  • $21,324Interest-bearing deposits
  • $16,744Deposits held in domestic offices
  • 21324.00%% insured (estimated)
  • $96Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $97Total equity capital
  • $97Total bank equity capital
  • $1,716Perpetual preferred stock
  • $0Common stock
  • $520Surplus
  • $620Undivided profits
  • Memoranda
  • $576Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $246Income earned, not collected on loans
  • $75Earning assets
  • $20,932Long-term assets (5+ years)
  • $694Average Assets, year-to-date
  • $23,255Average Assets, quarterly
  • $23,019Volatile liabilities
  • $500Insider loans
  • $144FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $340Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $1,716Total risk weighted assets
  • $13,334Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $1,815Total interest expense
  • $685Net interest income
  • $1,130Provision for loan and lease losses
  • $157Total noninterest income
  • $314Fiduciary activities
  • $0Service charges on deposit accounts
  • $251Trading account gains & fees
  • $0Additional noninterest income
  • $63Total noninterest expense
  • $1,006Salaries and employee benefits
  • $465Premises and equipment expense
  • $84Additional noninterest expense
  • $457Pre-tax net operating income
  • $281Securities gains (losses)
  • $0Applicable income taxes
  • $155Income before extraordinary items
  • $126Extraordinary gains - net
  • $135Net income attributable to bank
  • $261Net charge-offs
  • $113Cash dividends
  • $115Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.67%Cost of funding earning assets
  • 3.27%Net interest margin
  • 5.40%Noninterest income to earning assets
  • 1.50%Noninterest expense to earning assets
  • 4.80%Net operating income to assets
  • 0.54%Return on assets (ROA)
  • 1.12%Pretax return on assets
  • 1.79%Return on equity (ROE)
  • 15.70%Retained earnings to average equity (YTD only)
  • 8.78%Net charge-offs to loans
  • 0.75%Credit loss provision to net charge-offs
  • 138.94%Efficiency ratio
  • 69,668Assets per employee
  • 1.29%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 44.06%Loss allowance to loans
  • 2.61%Loss allowance to noncurrent loans
  • 150.41%Noncurrent assets plus other real estate owned to assets
  • 1.72%Noncurrent loans to loans
  • 1.73%Net loans and leases to deposits
  • 64.83%Net loans and leases to core deposits
  • 66.39%Equity capital to assets
  • 7.42%Core capital (leverage) ratio
  • 7.32%Tier 1 risk-based capital ratio
  • 12.87%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $23,255Average earning assets
  • $1,662Average equity
  • $20,939Average loans

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