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

This bank is inactive as of January 01, 1993

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

  • General
  • FDIC Certificate #: 11888
    Status: Inactive
    Closing history: Change in Geographic Region/Area/Territory/Field Office
    Acquiring institution: The First National Bank in Stamford (#5535)
    Federal Reserve ID: 827869
    Date Established: September 29, 1929
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 1 (Interstate: No)
    FDIC's unique #: 7592
    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: January 01, 1934
    Last Structure Change Effective Date: January 01, 1993
    Last Structure Change Process Date: January 12, 1993
    Last Data Update: January 12, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: 612 Main Street, Olton, TX 79064
    County: Lamb
    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
  • History of Changes
  • Consolidated - Without Assistance
    Change in Geographic Region/Area/Territory/Field Office
  • Financial Summary
  • Total assets: $20.0 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $12Total assets
  • $19,964Cash and due from depository institutions
  • $1,043Interest-bearing balances
  • $0Securities
  • $3,743Federal funds sold & reverse repurchase agreements
  • $9,800Net loans & leases
  • $4,842Loan loss allowance
  • $210Trading account assets
  • $0Bank premises and fixed assets
  • $203Other real estate owned
  • $69Goodwill and other intangibles
  • $264Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $19,964Total liabilities
  • $18,110Total deposits
  • $17,851Interest-bearing deposits
  • $14,281Deposits held in domestic offices
  • 17851.00%% insured (estimated)
  • $94Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $111Subordinated debt
  • $0All other liabilities
  • $148Total equity capital
  • $148Total bank equity capital
  • $1,854Perpetual preferred stock
  • $0Common stock
  • $1,000Surplus
  • $1,000Undivided profits
  • Memoranda
  • $-146Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $472Income earned, not collected on loans
  • $141Earning assets
  • $18,385Long-term assets (5+ years)
  • $1,190Average Assets, year-to-date
  • $20,109Average Assets, quarterly
  • $19,347Volatile liabilities
  • $1,461Insider loans
  • $40FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $742Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $1,854Total risk weighted assets
  • $8,237Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $1,320Total interest expense
  • $569Net interest income
  • $751Provision for loan and lease losses
  • -$125Total noninterest income
  • $86Fiduciary activities
  • $0Service charges on deposit accounts
  • $71Trading account gains & fees
  • $0Additional noninterest income
  • $15Total noninterest expense
  • $875Salaries and employee benefits
  • $334Premises and equipment expense
  • $129Additional noninterest expense
  • $412Pre-tax net operating income
  • $87Securities gains (losses)
  • $28Applicable income taxes
  • $21Income before extraordinary items
  • $94Extraordinary gains - net
  • $21Net income attributable to bank
  • $115Net charge-offs
  • -$27Cash dividends
  • $103Sale, 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
  • 7.32%Cost of funding earning assets
  • 3.16%Net interest margin
  • 4.17%Noninterest income to earning assets
  • 0.48%Noninterest expense to earning assets
  • 4.85%Net operating income to assets
  • 0.35%Return on assets (ROA)
  • 0.57%Pretax return on assets
  • 0.68%Return on equity (ROE)
  • 6.12%Retained earnings to average equity (YTD only)
  • 0.64%Net charge-offs to loans
  • -0.42%Credit loss provision to net charge-offs
  • 462.96%Efficiency ratio
  • 104,540Assets per employee
  • 1.66%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 89.57%Loss allowance to loans
  • 4.16%Loss allowance to noncurrent loans
  • 44.49%Noncurrent assets plus other real estate owned to assets
  • 2.71%Noncurrent loans to loans
  • 9.34%Net loans and leases to deposits
  • 27.12%Net loans and leases to core deposits
  • 29.34%Equity capital to assets
  • 9.29%Core capital (leverage) ratio
  • 9.43%Tier 1 risk-based capital ratio
  • 22.51%Total risk-based capital ratio
  • Memoranda
  • $24Average assets
  • $20,109Average earning assets
  • $1,880Average equity
  • $18,023Average loans

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