FDIC Certificate #: 24299 Status: Inactive Closing history: Corrections Acquiring institution:The Bank and Trust, S.S.B. (#1184) Federal Reserve ID: 263467 Date Established: January 03, 1983 Bank Charter Class: Savings banks, state charter, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 16901 Numeric code: 41 Regulator: FDIC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes FDIC Insured: Yes Insured Savings Institution: Yes State Chartered: Yes Date of Deposit Insurance: January 03, 1983 Last Structure Change Effective Date: January 22, 1999 Last Structure Change Process Date: March 12, 1999 Last Data Update: April 28, 1999 Data Source Date: April 05, 2012
Location
Address: 207 Highway 77 North, Sonora, TX 76950 County: Sutton 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
History of Changes
Merger - Without Assistance
Corrections
Financial Summary
Total assets: $27.6 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
14Total employees (full-time equivalent)
$27,570Total assets
$966Cash and due from depository institutions
$200Interest-bearing balances
$8,888Securities
$5,670Federal funds sold & reverse repurchase agreements
$11,059Net loans & leases
$61Loan loss allowance
$0Trading account assets
$818Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$169All other assets
$27,570Total liabilities and capital
$25,125Total liabilities
$24,703Total deposits
$21,456Interest-bearing deposits
$24,703Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$422All other liabilities
$2,445Total equity capital
$2,445Total bank equity capital
$2,445Perpetual preferred stock
$0Common stock
$750Surplus
$750Undivided profits
Memoranda
$945Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$37Earning assets
$0Long-term assets (5+ years)
$120Average Assets, year-to-date
$25,817Average Assets, quarterly
$6,095Volatile liabilities
$26,482Insider loans
$26,464FHLB advances
$6,340Loans and leases held for sale
$461Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$489Total unused commitments
$0Restructured Loans and leases
$13,358Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$1,745Total interest income
$730Total interest expense
$1,015Net interest income
$10Provision for loan and lease losses
$201Total noninterest income
$0Fiduciary activities
$149Service charges on deposit accounts
$0Trading account gains & fees
$52Additional noninterest income
$868Total noninterest expense
$483Salaries and employee benefits
$135Premises and equipment expense
$250Additional noninterest expense
$338Pre-tax net operating income
$0Securities gains (losses)
$118Applicable income taxes
$220Income before extraordinary items
$0Extraordinary gains - net
$220Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$5Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.07%Yield on earning assets
2.96%Cost of funding earning assets
4.11%Net interest margin
0.81%Noninterest income to earning assets
3.52%Noninterest expense to earning assets
0.83%Net operating income to assets
0.83%Return on assets (ROA)
1.28%Pretax return on assets
9.54%Return on equity (ROE)
9.54%Retained earnings to average equity (YTD only)
0.05%Net charge-offs to loans
200.00%Credit loss provision to net charge-offs
69.60%Efficiency ratio
71,382Assets per employee
1.97%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.55%Loss allowance to noncurrent loans
164.86%Noncurrent assets plus other real estate owned to assets
0.13%Noncurrent loans to loans
0.33%Net loans and leases to deposits
44.77%Net loans and leases to core deposits
60.22%Equity capital to assets
8.87%Core capital (leverage) ratio
9.19%Tier 1 risk-based capital ratio
18.11%Total risk-based capital ratio
Memoranda
$19Average assets
$26,482Average earning assets
$2,305Average equity
$24,676Average loans
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