New First City, Texas - San Angelo, National Association in San Angelo, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 13, 1993

  • New First City, Texas - San Angelo, National Association in San Angelo, Texas (TX)
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New First City, Texas - San Angelo, National Association - Overview

  • General
  • FDIC Certificate #: 33728
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Wells Fargo Bank Texas, National Association (#14533)
    Federal Reserve ID: 1998917
    Date Established: October 30, 1992
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Interstate: No)
    FDIC's unique #: 47840
    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: October 30, 1992
    Last Structure Change Effective Date: Febuary 13, 1993
    Last Structure Change Process Date: Febuary 23, 1993
    Last Data Update: August 25, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 124 Beauregard Street, San Angelo, TX 76902
    County: Tom Green
    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
    Metropolitan Statistical Area (MSA): San Angelo, TX (#7200)
    Core Based Statistical Area (CBSA): San Angelo, TX (#41660)
    CBSA Metro Statistical Area: San Angelo, TX (#41660)
  • History of Changes
  • Bridge Bank Merger
    Corrections
  • Financial Summary
  • Total assets: $128.8 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $52Total assets
  • $128,841Cash and due from depository institutions
  • $5,889Interest-bearing balances
  • $0Securities
  • $15,236Federal funds sold & reverse repurchase agreements
  • $62,530Net loans & leases
  • $44,509Loan loss allowance
  • $817Trading account assets
  • $0Bank premises and fixed assets
  • $8Other real estate owned
  • $0Goodwill and other intangibles
  • $669Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $128,841Total liabilities
  • $129,197Total deposits
  • $121,356Interest-bearing deposits
  • $99,132Deposits held in domestic offices
  • 121356.00%% insured (estimated)
  • $88Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,022Subordinated debt
  • $0All other liabilities
  • $6,819Total equity capital
  • $6,819Total bank equity capital
  • $-356Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $0Undivided profits
  • Memoranda
  • $-356Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $13Income earned, not collected on loans
  • $135Earning assets
  • $122,275Long-term assets (5+ years)
  • $7,705Average Assets, year-to-date
  • $128,841Average Assets, quarterly
  • $128,841Volatile liabilities
  • $16,238Insider loans
  • $18FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $5,994Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $-356Total risk weighted assets
  • $55,253Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $1,164Total interest expense
  • $641Net interest income
  • $523Provision for loan and lease losses
  • $27Total noninterest income
  • $160Fiduciary activities
  • $47Service charges on deposit accounts
  • $93Trading account gains & fees
  • $0Additional noninterest income
  • $20Total noninterest expense
  • $652Salaries and employee benefits
  • $237Premises and equipment expense
  • $45Additional noninterest expense
  • $370Pre-tax net operating income
  • $4Securities gains (losses)
  • -$360Applicable income taxes
  • $0Income before extraordinary items
  • -$356Extraordinary gains - net
  • $0Net income attributable to bank
  • -$356Net charge-offs
  • $20Cash dividends
  • $0Sale, 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
  • 0.95%Cost of funding earning assets
  • 0.52%Net interest margin
  • 0.43%Noninterest income to earning assets
  • 0.13%Noninterest expense to earning assets
  • 0.53%Net operating income to assets
  • 0.00%Return on assets (ROA)
  • -0.28%Pretax return on assets
  • -0.28%Return on equity (ROE)
  • 100.00%Retained earnings to average equity (YTD only)
  • 100.00%Net charge-offs to loans
  • 0.04%Credit loss provision to net charge-offs
  • 135.00%Efficiency ratio
  • 95,461Assets per employee
  • 2.48%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.80%Loss allowance to noncurrent loans
  • 6284.62%Noncurrent assets plus other real estate owned to assets
  • 0.01%Noncurrent loans to loans
  • 0.03%Net loans and leases to deposits
  • 36.68%Net loans and leases to core deposits
  • 41.93%Equity capital to assets
  • -0.28%Core capital (leverage) ratio
  • -0.27%Tier 1 risk-based capital ratio
  • -0.64%Total risk-based capital ratio
  • Memoranda
  • -$1Average assets
  • $128,841Average earning assets
  • -$356Average equity
  • $122,275Average loans

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