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

This bank is inactive as of November 23, 1996

Security National Bank in Nacogdoches, Texas (TX)
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Security National Bank - Overview

General
FDIC Certificate #: 23598
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: The Stone Fort National Bank of Nacogdoches (#3357)
Federal Reserve ID: 768261
Date Established: October 30, 1981
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 #: 16530
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, 1981
Last Structure Change Effective Date: November 23, 1996
Last Structure Change Process Date: December 09, 1996
Last Data Update: December 09, 1996
Data Source Date: April 05, 2012
Location
Address: 300 University Drive, Nacogdoches, TX 75961
County: Nacogdoches
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Houston
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
Core Based Statistical Area (CBSA): Nacogdoches, TX (#34860)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $36.8 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)
$24Total assets
$39,415Cash and due from depository institutions
$6,979Interest-bearing balances
$2,050Securities
$13,079Federal funds sold & reverse repurchase agreements
$225Net loans & leases
$16,685Loan loss allowance
$137Trading account assets
$0Bank premises and fixed assets
$1,975Other real estate owned
$74Goodwill and other intangibles
$398Life insurance assets
$0All other assets
$0Total liabilities and capital
$39,415Total liabilities
$35,860Total deposits
$35,522Interest-bearing deposits
$28,810Deposits held in domestic offices
35522.00%% insured (estimated)
$90Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$338Total equity capital
$338Total bank equity capital
$3,555Perpetual preferred stock
$0Common stock
$1,150Surplus
$1,150Undivided profits
Memoranda
$1,255Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$141Income earned, not collected on loans
$135Earning assets
$32,039Long-term assets (5+ years)
$1,457Average Assets, year-to-date
$36,726Average Assets, quarterly
$38,136Volatile liabilities
$4,918Insider loans
$165FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$2,724Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$3,567Total risk weighted assets
$19,183Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$2,541Total interest expense
$1,121Net interest income
$1,420Provision for loan and lease losses
-$21Total noninterest income
$519Fiduciary activities
$0Service charges on deposit accounts
$394Trading account gains & fees
$0Additional noninterest income
$125Total noninterest expense
$1,335Salaries and employee benefits
$644Premises and equipment expense
$216Additional noninterest expense
$475Pre-tax net operating income
$625Securities gains (losses)
$0Applicable income taxes
$190Income before extraordinary items
$435Extraordinary gains - net
$0Net income attributable to bank
$435Net charge-offs
-$14Cash dividends
$138Sale, 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
8.12%Cost of funding earning assets
3.58%Net interest margin
4.54%Noninterest income to earning assets
1.66%Noninterest expense to earning assets
4.26%Net operating income to assets
1.18%Return on assets (ROA)
1.18%Pretax return on assets
1.70%Return on equity (ROE)
13.01%Retained earnings to average equity (YTD only)
8.88%Net charge-offs to loans
-0.09%Credit loss provision to net charge-offs
150.00%Efficiency ratio
68,850Assets per employee
1.64%Cash dividends to net income (YTD only)
Condition Ratios (%)
31.72%Loss allowance to loans
0.81%Loss allowance to noncurrent loans
97.16%Noncurrent assets plus other real estate owned to assets
0.55%Noncurrent loans to loans
0.84%Net loans and leases to deposits
46.97%Net loans and leases to core deposits
54.52%Equity capital to assets
9.02%Core capital (leverage) ratio
9.58%Tier 1 risk-based capital ratio
18.59%Total risk-based capital ratio
Memoranda
$19Average assets
$36,726Average earning assets
$3,343Average equity
$31,304Average loans

1

Mike Haas

Aug 22, 2023 @ 9:09 am

What was original charter number starting with 1131 in 1981 in nacogdoches Texas?

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