North Texas Bank and Trust in Gainesville, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 01, 1996

North Texas Bank and Trust in Gainesville, Texas (TX)
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North Texas Bank and Trust - Overview

General
FDIC Certificate #: 24428
Status: Inactive
Closing history: Corrections
Acquiring institution: First State Bank (#15511)
Federal Reserve ID: 251259
Date Established: April 18, 1983
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 1 (Interstate: No)
FDIC's unique #: 16987
Numeric code: 13
Regulator: FED
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: April 18, 1983
Last Structure Change Effective Date: July 01, 1996
Last Structure Change Process Date: July 23, 1996
Last Data Update: July 23, 1996
Data Source Date: April 05, 2012
Location
Address: 808 East Highway 82, Gainesville, TX 76240
County: Cooke
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
Combined Statistical Area (CSA): Dallas-Fort Worth, TX (#206)
Core Based Statistical Area (CBSA): Gainesville, TX (#23620)
CBSA Micro Statistical Area: Yes
History of Changes
Merger - Without Assistance
Participated in Reorganization
Corrections
Financial Summary
Total assets: $47.8 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)
$15Total assets
$47,968Cash and due from depository institutions
$2,813Interest-bearing balances
$100Securities
$14,216Federal funds sold & reverse repurchase agreements
$5,585Net loans & leases
$24,242Loan loss allowance
$356Trading account assets
$0Bank premises and fixed assets
$471Other real estate owned
$101Goodwill and other intangibles
$540Life insurance assets
$0All other assets
$0Total liabilities and capital
$47,968Total liabilities
$45,093Total deposits
$44,647Interest-bearing deposits
$39,479Deposits held in domestic offices
44647.00%% insured (estimated)
$78Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$446Total equity capital
$446Total bank equity capital
$2,875Perpetual preferred stock
$0Common stock
$500Surplus
$1,000Undivided profits
Memoranda
$1,375Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$38Income earned, not collected on loans
$313Earning assets
$44,143Long-term assets (5+ years)
$3,812Average Assets, year-to-date
$42,610Average Assets, quarterly
$47,106Volatile liabilities
$10,699Insider loans
$466FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$531Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$2,863Total risk weighted assets
$25,848Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$3,222Total interest expense
$1,562Net interest income
$1,660Provision for loan and lease losses
$100Total noninterest income
$481Fiduciary activities
$0Service charges on deposit accounts
$425Trading account gains & fees
$0Additional noninterest income
$56Total noninterest expense
$1,083Salaries and employee benefits
$500Premises and equipment expense
$201Additional noninterest expense
$382Pre-tax net operating income
$958Securities gains (losses)
$7Applicable income taxes
$314Income before extraordinary items
$651Extraordinary gains - net
$0Net income attributable to bank
$651Net charge-offs
-$34Cash dividends
$0Sale, 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
8.11%Cost of funding earning assets
3.93%Net interest margin
4.18%Noninterest income to earning assets
1.21%Noninterest expense to earning assets
2.73%Net operating income to assets
1.52%Return on assets (ROA)
1.53%Pretax return on assets
2.26%Return on equity (ROE)
25.96%Retained earnings to average equity (YTD only)
25.96%Net charge-offs to loans
-0.15%Credit loss provision to net charge-offs
-294.12%Efficiency ratio
50,584Assets per employee
3.20%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.45%Loss allowance to noncurrent loans
936.84%Noncurrent assets plus other real estate owned to assets
0.29%Noncurrent loans to loans
0.15%Net loans and leases to deposits
54.30%Net loans and leases to core deposits
71.41%Equity capital to assets
5.99%Core capital (leverage) ratio
6.16%Tier 1 risk-based capital ratio
11.08%Total risk-based capital ratio
Memoranda
$12Average assets
$42,610Average earning assets
$2,508Average equity
$39,727Average loans

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