Salado National Bank in Salado, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 01, 1993

Salado National Bank in Salado, Texas (TX)
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Salado National Bank - Overview

General
FDIC Certificate #: 22841
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First State Bank Central Texas (#11151)
Federal Reserve ID: 993764
Date Established: April 09, 1979
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 #: 15957
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: April 09, 1979
Last Structure Change Effective Date: October 01, 1993
Last Structure Change Process Date: November 03, 1993
Last Data Update: November 03, 1993
Data Source Date: April 05, 2012
Location
Address: Main And Thomas Arnold, Salado, TX 76571
County: Bell
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Austin
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
Metropolitan Statistical Area (MSA): Killeen-Temple, TX (#3810)
Core Based Statistical Area (CBSA): Killeen-Temple-Fort Hood, TX (#28660)
CBSA Metro Statistical Area: Killeen-Temple-Fort Hood, TX (#28660)
Financial Summary
Total assets: $17.9 mil

Assets and Liabilities (December 31, 1992)

Dollar figures in thousands
0Total employees (full-time equivalent)
$10Total assets
$18,198Cash and due from depository institutions
$2,660Interest-bearing balances
$1,191Securities
$5,591Federal funds sold & reverse repurchase agreements
$531Net loans & leases
$8,685Loan loss allowance
$224Trading account assets
$0Bank premises and fixed assets
$264Other real estate owned
$288Goodwill and other intangibles
$179Life insurance assets
$0All other assets
$0Total liabilities and capital
$18,198Total liabilities
$16,930Total deposits
$16,856Interest-bearing deposits
$14,094Deposits held in domestic offices
16856.00%% insured (estimated)
$91Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$74Total equity capital
$74Total bank equity capital
$1,268Perpetual preferred stock
$0Common stock
$375Surplus
$375Undivided profits
Memoranda
$518Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$306Income earned, not collected on loans
$70Earning assets
$15,998Long-term assets (5+ years)
$0Average Assets, year-to-date
$17,040Average Assets, quarterly
$17,617Volatile liabilities
$1,032Insider loans
$108FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$609Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$1,268Total risk weighted assets
$8,386Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1992)

Dollar figures in thousands
$0Total interest income
$1,273Total interest expense
$545Net interest income
$728Provision for loan and lease losses
$23Total noninterest income
$148Fiduciary activities
$0Service charges on deposit accounts
$86Trading account gains & fees
$0Additional noninterest income
$62Total noninterest expense
$726Salaries and employee benefits
$287Premises and equipment expense
$55Additional noninterest expense
$384Pre-tax net operating income
$127Securities gains (losses)
$0Applicable income taxes
$33Income before extraordinary items
$94Extraordinary gains - net
$0Net income attributable to bank
$94Net charge-offs
$63Cash 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
8.39%Cost of funding earning assets
3.59%Net interest margin
4.80%Noninterest income to earning assets
0.97%Noninterest expense to earning assets
4.78%Net operating income to assets
0.55%Return on assets (ROA)
0.55%Pretax return on assets
0.75%Return on equity (ROE)
7.63%Retained earnings to average equity (YTD only)
7.63%Net charge-offs to loans
0.71%Credit loss provision to net charge-offs
36.51%Efficiency ratio
82,877Assets per employee
1.82%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.51%Loss allowance to noncurrent loans
73.20%Noncurrent assets plus other real estate owned to assets
3.26%Noncurrent loans to loans
3.43%Net loans and leases to deposits
51.52%Net loans and leases to core deposits
54.88%Equity capital to assets
6.97%Core capital (leverage) ratio
7.14%Tier 1 risk-based capital ratio
15.12%Total risk-based capital ratio
Memoranda
$16Average assets
$17,040Average earning assets
$1,232Average equity
$15,180Average loans

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