FDIC Certificate #: 34014 Status: Active Federal Reserve ID: 1435092 Bank Holding Company (Regulatory Top Holder): Mesa Financial Corporation (RSSDID: 2299040, Location: Sweetwater, TX) Date Established: May 08, 1995 WWW:http://www.tnbnetbank.com Trust Powers Granted: No Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 55592 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: No Subchapter S Corporations: Yes Asset Concentration Hierarchy: Other Specialized Lending < 1 Billion Date of Deposit Insurance: May 08, 1995 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: 400 East Broadway, Sweetwater, TX 79556 County: Nolan 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 Core Based Statistical Area (CBSA): Sweetwater, TX (#45020) CBSA Micro Statistical Area: Yes
History of Changes
Change in Geographic Region/Area/Territory/Field Office
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $90.8 mil Equity capital: $12.9 mil Deposits held in domestic offices: $77.9 mil Return on assets (ROA): 1.48% ($1.3 mil) Quarterly return on assets: 1.54% ($1.4 mil) Return on Equity (ROE): 10.57% ($1.4 mil) Quarterly return on equity: 10.91% ($1.4 mil) Net income: $1.3 mil Quarterly Net income: $0.4 mil Pretax return on assets: 1.48% ($1,344.5 mil) Quarterly Pretax return on assets: 1.54% ($1,399.0 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2011)
Dollar figures in thousands
25Total employees (full-time equivalent)
$90,843Total assets
$7,721Cash and due from depository institutions
$5,716Interest-bearing balances
$57,298Securities
$0Federal funds sold & reverse repurchase agreements
$23,586Net loans & leases
$640Loan loss allowance
$0Trading account assets
$629Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$90,843Life insurance assets
$1,609All other assets
$77,977Total liabilities and capital
$77,909Total liabilities
$58,330Total deposits
$77,909Interest-bearing deposits
$85Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$68Subordinated debt
$12,866All other liabilities
$12,866Total equity capital
$12,866Total bank equity capital
$0Perpetual preferred stock
$1,000Common stock
$3,350Surplus
$8,516Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$38Income earned, not collected on loans
$0Earning assets
$622Long-term assets (5+ years)
$86,600Average Assets, year-to-date
$45,315Average Assets, quarterly
$87,337Volatile liabilities
$92,036Insider loans
$42,456FHLB advances
$92,090Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$10,617Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$4,122Restructured Loans and leases
$450Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$3,362Total interest income
$346Total interest expense
$3,016Net interest income
$0Provision for loan and lease losses
$701Total noninterest income
$0Fiduciary activities
$445Service charges on deposit accounts
$0Trading account gains & fees
$256Additional noninterest income
$2,470Total noninterest expense
$1,393Salaries and employee benefits
$325Premises and equipment expense
$752Additional noninterest expense
$1,247Pre-tax net operating income
$45Securities gains (losses)
$0Applicable income taxes
$1,292Income before extraordinary items
$0Extraordinary gains - net
$1,292Net income attributable to bank
$0Net charge-offs
$1,292Cash dividends
-$54Sale, conversion, retirement of capital stock, net
$641Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.05%Yield on earning assets
0.42%Cost of funding earning assets
3.63%Net interest margin
0.84%Noninterest income to earning assets
2.97%Noninterest expense to earning assets
1.43%Net operating income to assets
1.48%Return on assets (ROA)
1.48%Pretax return on assets
10.57%Return on equity (ROE)
5.33%Retained earnings to average equity (YTD only)
-0.21%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
66,451Assets per employee
3.63%Cash dividends to net income (YTD only)
Condition Ratios (%)
49.61%Loss allowance to loans
2.64%Loss allowance to noncurrent loans
1684.21%Noncurrent assets plus other real estate owned to assets
0.04%Noncurrent loans to loans
0.16%Net loans and leases to deposits
30.27%Net loans and leases to core deposits
30.98%Equity capital to assets
14.16%Core capital (leverage) ratio
11.53%Tier 1 risk-based capital ratio
25.01%Total risk-based capital ratio
Memoranda
$26Average assets
$87,337Average earning assets
$12,223Average equity
$83,078Average loans
List of branches
1 Texas Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
55592
Texas National Bank
400 East Broadway, Sweetwater, TX 79556
May 08, 1995
Full Service Brick and Mortar
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