FDIC Certificate #: 29006 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Commercial Bank of Texas, National Association (#1209) Federal Reserve ID: 692571 Date Established: July 01, 1934 Bank Charter Class: Savings banks, state charter, supervised by the FDIC Offices: 3 (Interstate: No) OTS Docket #: 2755 FDIC's unique #: 41840 Numeric code: 41 Regulator: FDIC Insurance Fund Membership: Savings Association Insurance Fund (SAIF) FDIC Insured: Yes SAIF Insured: Yes Insured Savings Institution: Yes State Chartered: Yes Date of Deposit Insurance: October 27, 1934 Last Structure Change Effective Date: January 30, 1998 Last Structure Change Process Date: March 11, 1998 Last Data Update: March 11, 1998 Data Source Date: April 05, 2012
Location
Address: 211 Shepherd Street, Lufkin, TX 75901 County: Angelina 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): Lufkin, TX (#31260) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $112.7 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
55Total employees (full-time equivalent)
$112,674Total assets
$8,256Cash and due from depository institutions
$5,645Interest-bearing balances
$24,670Securities
$0Federal funds sold & reverse repurchase agreements
$75,750Net loans & leases
$967Loan loss allowance
$0Trading account assets
$1,178Bank premises and fixed assets
$974Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,846All other assets
$112,674Total liabilities and capital
$102,645Total liabilities
$101,803Total deposits
$92,496Interest-bearing deposits
$101,803Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$842All other liabilities
$10,029Total equity capital
$10,029Total bank equity capital
$10,029Perpetual preferred stock
$3,000Common stock
$5Surplus
$4,776Undivided profits
Memoranda
$2,248Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,175Earning assets
$104Long-term assets (5+ years)
$504Average Assets, year-to-date
$106,065Average Assets, quarterly
$28,396Volatile liabilities
$114,117Insider loans
$113,525FHLB advances
$13,778Loans and leases held for sale
$67Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$59Total risk weighted assets
$169Total unused commitments
$0Restructured Loans and leases
$52,979Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$8,503Total interest income
$4,491Total interest expense
$4,012Net interest income
-$175Provision for loan and lease losses
$488Total noninterest income
$0Fiduciary activities
$290Service charges on deposit accounts
$0Trading account gains & fees
$198Additional noninterest income
$3,279Total noninterest expense
$1,589Salaries and employee benefits
$364Premises and equipment expense
$1,326Additional noninterest expense
$1,396Pre-tax net operating income
$0Securities gains (losses)
$372Applicable income taxes
$1,024Income before extraordinary items
$0Extraordinary gains - net
$1,024Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$137Sale, conversion, retirement of capital stock, net
$325Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.87%Yield on earning assets
4.16%Cost of funding earning assets
3.72%Net interest margin
0.45%Noninterest income to earning assets
3.04%Noninterest expense to earning assets
0.90%Net operating income to assets
0.90%Return on assets (ROA)
1.22%Pretax return on assets
10.50%Return on equity (ROE)
7.17%Retained earnings to average equity (YTD only)
-0.17%Net charge-offs to loans
127.74%Credit loss provision to net charge-offs
0.00%Efficiency ratio
72,867Assets per employee
2.05%Cash dividends to net income (YTD only)
Condition Ratios (%)
31.74%Loss allowance to loans
1.26%Loss allowance to noncurrent loans
82.30%Noncurrent assets plus other real estate owned to assets
1.91%Noncurrent loans to loans
1.53%Net loans and leases to deposits
74.41%Net loans and leases to core deposits
86.06%Equity capital to assets
8.90%Core capital (leverage) ratio
8.83%Tier 1 risk-based capital ratio
18.93%Total risk-based capital ratio
Memoranda
$20Average assets
$114,117Average earning assets
$9,754Average equity
$107,975Average loans
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