The Border Bank in Hidalgo, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 14, 1996

The Border Bank in Hidalgo, Texas (TX)
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The Border Bank - Overview

General
FDIC Certificate #: 19859
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Texas State Bank (#23346)
Federal Reserve ID: 60255
Date Established: November 01, 1968
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 13650
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: November 01, 1968
Last Structure Change Effective Date: May 14, 1996
Last Structure Change Process Date: June 05, 1996
Last Data Update: June 05, 1996
Data Source Date: April 05, 2012
Location
Address: Bridge Street And Rhode Avenue, Hidalgo, TX 78557
County: Hidalgo
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
Metropolitan Statistical Area (MSA): McAllen-Edinburg-Mission, TX (#4880)
Core Based Statistical Area (CBSA): McAllen-Edinburg-Mission, TX (#32580)
CBSA Metro Statistical Area: McAllen-Edinburg-Mission, TX (#32580)
Financial Summary
Total assets: $120.0 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

Dollar figures in thousands
0Total employees (full-time equivalent)
$38Total assets
$119,504Cash and due from depository institutions
$3,982Interest-bearing balances
$0Securities
$54,235Federal funds sold & reverse repurchase agreements
$8,750Net loans & leases
$46,238Loan loss allowance
$1,100Trading account assets
$0Bank premises and fixed assets
$3,297Other real estate owned
$237Goodwill and other intangibles
$2,765Life insurance assets
$0All other assets
$0Total liabilities and capital
$119,504Total liabilities
$102,429Total deposits
$101,995Interest-bearing deposits
$94,858Deposits held in domestic offices
101995.00%% insured (estimated)
$84Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$434Total equity capital
$434Total bank equity capital
$17,075Perpetual preferred stock
$0Common stock
$2,000Surplus
$9,000Undivided profits
Memoranda
$6,075Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,274Income earned, not collected on loans
$1,431Earning assets
$109,223Long-term assets (5+ years)
$11,890Average Assets, year-to-date
$116,840Average Assets, quarterly
$117,402Volatile liabilities
$44,670Insider loans
$2,708FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$2,550Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$17,078Total risk weighted assets
$65,506Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$9,015Total interest expense
$4,415Net interest income
$4,600Provision for loan and lease losses
$485Total noninterest income
$318Fiduciary activities
$0Service charges on deposit accounts
$255Trading account gains & fees
$0Additional noninterest income
$63Total noninterest expense
$2,169Salaries and employee benefits
$1,056Premises and equipment expense
$375Additional noninterest expense
$738Pre-tax net operating income
$2,264Securities gains (losses)
$0Applicable income taxes
$380Income before extraordinary items
$1,884Extraordinary gains - net
$0Net income attributable to bank
$1,884Net charge-offs
$286Cash dividends
$800Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1995)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.41%Cost of funding earning assets
4.12%Net interest margin
4.29%Noninterest income to earning assets
0.30%Noninterest expense to earning assets
2.02%Net operating income to assets
1.61%Return on assets (ROA)
1.61%Pretax return on assets
1.94%Return on equity (ROE)
11.49%Retained earnings to average equity (YTD only)
6.61%Net charge-offs to loans
0.61%Credit loss provision to net charge-offs
169.58%Efficiency ratio
44,103Assets per employee
3.14%Cash dividends to net income (YTD only)
Condition Ratios (%)
42.46%Loss allowance to loans
2.32%Loss allowance to noncurrent loans
86.34%Noncurrent assets plus other real estate owned to assets
1.26%Noncurrent loans to loans
2.69%Net loans and leases to deposits
45.33%Net loans and leases to core deposits
80.66%Equity capital to assets
14.29%Core capital (leverage) ratio
14.51%Tier 1 risk-based capital ratio
26.07%Total risk-based capital ratio
Memoranda
$27Average assets
$116,840Average earning assets
$16,403Average equity
$107,241Average loans

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