FDIC Certificate #: 24343 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:State National Bank (#34336) Federal Reserve ID: 469858 Date Established: January 24, 1983 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 19 (Interstate: No) FDIC's unique #: 16936 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes Oakar Institutions: Yes State Chartered: No Date of Deposit Insurance: January 24, 1983 Last Structure Change Effective Date: March 09, 2001 Last Structure Change Process Date: March 28, 2001 Last Data Update: March 28, 2001 Data Source Date: April 05, 2012
Location
Address: 1049 North Third, Abilene, TX 79604 County: Taylor Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: San Francisco FDIC Field Office: Dallas Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): Abilene, TX (#40) Core Based Statistical Area (CBSA): Abilene, TX (#10180) CBSA Metro Statistical Area: Abilene, TX (#10180)
Financial Summary
Total assets: $479.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2000)
Dollar figures in thousands
216Total employees (full-time equivalent)
$479,386Total assets
$34,772Cash and due from depository institutions
$2Interest-bearing balances
$117,207Securities
$26,450Federal funds sold & reverse repurchase agreements
$235,917Net loans & leases
$6,898Loan loss allowance
$0Trading account assets
$12,496Bank premises and fixed assets
$496Other real estate owned
$46,795Goodwill and other intangibles
$0Life insurance assets
$5,253All other assets
$479,386Total liabilities and capital
$404,846Total liabilities
$396,325Total deposits
$325,070Interest-bearing deposits
$396,325Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$8,521All other liabilities
$74,540Total equity capital
$74,540Total bank equity capital
$74,540Perpetual preferred stock
$0Common stock
$1,250Surplus
$71,758Undivided profits
Memoranda
$1,532Noncurrent loans and leases
$30,067Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$4,096Earning assets
$0Long-term assets (5+ years)
$3,051Average Assets, year-to-date
$379,576Average Assets, quarterly
$43,383Volatile liabilities
$474,054Insider loans
$481,197FHLB advances
$64,736Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$30,067Total unused commitments
$70Restructured Loans and leases
$3,311Derivatives
Income and Expense (December 31, 2000)
Dollar figures in thousands
$18,602Total interest income
$8,418Total interest expense
$10,184Net interest income
$736Provision for loan and lease losses
$2,213Total noninterest income
$118Fiduciary activities
$1,532Service charges on deposit accounts
$0Trading account gains & fees
$563Additional noninterest income
$10,777Total noninterest expense
$4,581Salaries and employee benefits
$939Premises and equipment expense
$5,257Additional noninterest expense
$884Pre-tax net operating income
$40Securities gains (losses)
$595Applicable income taxes
$329Income before extraordinary items
$0Extraordinary gains - net
$329Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$1,434Sale, conversion, retirement of capital stock, net
$1,201Net operating income
Performance and Condition Ratios (December 31, 2000)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.67%Yield on earning assets
2.11%Cost of funding earning assets
2.56%Net interest margin
0.56%Noninterest income to earning assets
2.71%Noninterest expense to earning assets
0.06%Net operating income to assets
0.07%Return on assets (ROA)
0.19%Pretax return on assets
0.53%Return on equity (ROE)
-1.41%Retained earnings to average equity (YTD only)
0.56%Net charge-offs to loans
51.32%Credit loss provision to net charge-offs
1.13%Efficiency ratio
70,178Assets per employee
2.22%Cash dividends to net income (YTD only)
Condition Ratios (%)
365.05%Loss allowance to loans
2.84%Loss allowance to noncurrent loans
168.41%Noncurrent assets plus other real estate owned to assets
0.96%Noncurrent loans to loans
1.69%Net loans and leases to deposits
59.53%Net loans and leases to core deposits
71.15%Equity capital to assets
15.55%Core capital (leverage) ratio
6.96%Tier 1 risk-based capital ratio
11.57%Total risk-based capital ratio
Memoranda
$13Average assets
$474,054Average earning assets
$62,010Average equity
$398,268Average loans
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with State National Bank of West Texas.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: