South Texas National Bank of Laredo in city_name, state_name

South Texas National Bank of Laredo in Laredo, Texas (TX)
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South Texas National Bank of Laredo - Overview

General
FDIC Certificate #: 22563
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: The Laredo National Bank (#3297)
Federal Reserve ID: 755551
Date Established: December 05, 1977
WWW: http://www.stnb.com
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 10 (Interstate: No)
OTS Docket #: 9992
FDIC's unique #: 15739
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: December 05, 1977
Last Structure Change Effective Date: November 30, 2005
Last Structure Change Process Date: December 13, 2005
Last Data Update: December 13, 2005
Data Source Date: April 05, 2012
Location
Address: 2211 Guadalupe Street, Laredo, TX 78040
County: Webb
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: New York
FDIC Field Office: Houston
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
Metropolitan Statistical Area (MSA): Laredo, TX (#4080)
Core Based Statistical Area (CBSA): Laredo, TX (#29700)
CBSA Metro Statistical Area: Laredo, TX (#29700)
Financial Summary
Total assets: $664.7 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2004)

Dollar figures in thousands
245Total employees (full-time equivalent)
$641,374Total assets
$35,182Cash and due from depository institutions
$13,441Interest-bearing balances
$204,274Securities
$58,550Federal funds sold & reverse repurchase agreements
$288,836Net loans & leases
$3,990Loan loss allowance
$0Trading account assets
$14,147Bank premises and fixed assets
$394Other real estate owned
$24,285Goodwill and other intangibles
$0Life insurance assets
$15,706All other assets
$641,374Total liabilities and capital
$568,342Total liabilities
$550,403Total deposits
$425,975Interest-bearing deposits
$550,403Deposits held in domestic offices
0.00%% insured (estimated)
$1,500Federal funds purchased & repurchase agreements
$0Trading liabilities
$15,233Other borrowed funds
$0Subordinated debt
$1,206All other liabilities
$73,032Total equity capital
$73,032Total bank equity capital
$73,032Perpetual preferred stock
$0Common stock
$604Surplus
$36,874Undivided profits
Memoranda
$35,554Noncurrent loans and leases
$22,677Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$2,210Earning assets
$0Long-term assets (5+ years)
$2,756Average Assets, year-to-date
$565,101Average Assets, quarterly
$124,075Volatile liabilities
$636,799Insider loans
$634,027FHLB advances
$182,891Loans and leases held for sale
$12,024Unused loan commitments
$14,235Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$22,677Total unused commitments
$1,513Restructured Loans and leases
$3,990Derivatives

Income and Expense (December 31, 2004)

Dollar figures in thousands
$29,196Total interest income
$6,793Total interest expense
$22,403Net interest income
$1,000Provision for loan and lease losses
$6,035Total noninterest income
$0Fiduciary activities
$4,093Service charges on deposit accounts
$0Trading account gains & fees
$1,942Additional noninterest income
$17,069Total noninterest expense
$8,327Salaries and employee benefits
$2,563Premises and equipment expense
$6,179Additional noninterest expense
$10,369Pre-tax net operating income
$50Securities gains (losses)
$3,412Applicable income taxes
$7,007Income before extraordinary items
$0Extraordinary gains - net
$7,007Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$480Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2004)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.23%Yield on earning assets
1.22%Cost of funding earning assets
4.01%Net interest margin
1.08%Noninterest income to earning assets
3.06%Noninterest expense to earning assets
1.10%Net operating income to assets
1.10%Return on assets (ROA)
1.64%Pretax return on assets
10.04%Return on equity (ROE)
10.04%Retained earnings to average equity (YTD only)
0.16%Net charge-offs to loans
208.33%Credit loss provision to net charge-offs
23.69%Efficiency ratio
59,118Assets per employee
2.62%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.36%Loss allowance to noncurrent loans
180.54%Noncurrent assets plus other real estate owned to assets
0.36%Noncurrent loans to loans
0.75%Net loans and leases to deposits
52.48%Net loans and leases to core deposits
77.97%Equity capital to assets
11.39%Core capital (leverage) ratio
8.08%Tier 1 risk-based capital ratio
15.46%Total risk-based capital ratio
Memoranda
$17Average assets
$636,799Average earning assets
$69,798Average equity
$558,428Average loans

South Texas National Bank of Laredo in Laredo, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

South Texas National Bank of Laredo - Overview

Assets and Liabilities (December 31, 2004)

Income and Expense (December 31, 2004)

Performance and Condition Ratios (December 31, 2004)

Comment about this bank, ask questions, or add new information about it:

South Texas National Bank of Laredo in Laredo, Texas (TX)Overview, Financial Summary, Detailed Financial Reports, Branches

South Texas National Bank of Laredo - Overview

Assets and Liabilities (December 31, 2004)

Income and Expense (December 31, 2004)

Performance and Condition Ratios (December 31, 2004)

Comment about this bank, ask questions, or add new information about it:

South Texas National Bank of Laredo in Laredo, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches