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

This bank is inactive as of March 01, 2000

The Burkburnett Bank in Burkburnett, Texas (TX)
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The Burkburnett Bank - Overview

General
FDIC Certificate #: 19210
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Citibank Texas, National Association (#32623)
Federal Reserve ID: 117355
Date Established: August 27, 1964
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
FDIC's unique #: 13028
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: August 27, 1964
Last Structure Change Effective Date: March 01, 2000
Last Structure Change Process Date: May 01, 2000
Last Data Update: May 01, 2000
Data Source Date: April 05, 2012
Location
Address: 317 East Third Street, Burkburnett, TX 76354
County: Wichita
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Dallas
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
Metropolitan Statistical Area (MSA): Wichita Falls, TX (#9080)
Core Based Statistical Area (CBSA): Wichita Falls, TX (#48660)
CBSA Metro Statistical Area: Wichita Falls, TX (#48660)
Financial Summary
Total assets: $116.8 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, 1999)

Dollar figures in thousands
42Total employees (full-time equivalent)
$116,802Total assets
$5,018Cash and due from depository institutions
$0Interest-bearing balances
$13,719Securities
$29,730Federal funds sold & reverse repurchase agreements
$65,011Net loans & leases
$548Loan loss allowance
$0Trading account assets
$1,814Bank premises and fixed assets
$0Other real estate owned
$1Goodwill and other intangibles
$0Life insurance assets
$1,509All other assets
$116,802Total liabilities and capital
$107,975Total liabilities
$107,497Total deposits
$89,028Interest-bearing deposits
$107,497Deposits held in domestic offices
0.00%% insured (estimated)
$117Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$361All other liabilities
$8,827Total equity capital
$8,827Total bank equity capital
$8,827Perpetual preferred stock
$0Common stock
$375Surplus
$3,625Undivided profits
Memoranda
$4,827Noncurrent loans and leases
$8,666Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$676Earning assets
$0Long-term assets (5+ years)
$529Average Assets, year-to-date
$108,460Average Assets, quarterly
$5,858Volatile liabilities
$113,997Insider loans
$116,362FHLB advances
$28,820Loans and leases held for sale
$1,270Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$8,666Total unused commitments
$0Restructured Loans and leases
$548Derivatives

Income and Expense (December 31, 1999)

Dollar figures in thousands
$8,378Total interest income
$4,088Total interest expense
$4,290Net interest income
$230Provision for loan and lease losses
$1,111Total noninterest income
$0Fiduciary activities
$881Service charges on deposit accounts
$0Trading account gains & fees
$230Additional noninterest income
$3,243Total noninterest expense
$1,817Salaries and employee benefits
$337Premises and equipment expense
$1,089Additional noninterest expense
$1,928Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$1,928Income before extraordinary items
$0Extraordinary gains - net
$1,928Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$163Sale, conversion, retirement of capital stock, net
$690Net operating income

Performance and Condition Ratios (December 31, 1999)

Dollar figures in thousands
Performance Ratios (%, annualized)
7.86%Yield on earning assets
3.83%Cost of funding earning assets
4.02%Net interest margin
1.04%Noninterest income to earning assets
3.04%Noninterest expense to earning assets
1.69%Net operating income to assets
1.69%Return on assets (ROA)
1.69%Pretax return on assets
23.22%Return on equity (ROE)
14.91%Retained earnings to average equity (YTD only)
0.26%Net charge-offs to loans
141.10%Credit loss provision to net charge-offs
13.24%Efficiency ratio
60,026Assets per employee
2.78%Cash dividends to net income (YTD only)
Condition Ratios (%)
35.79%Loss allowance to loans
0.84%Loss allowance to noncurrent loans
81.07%Noncurrent assets plus other real estate owned to assets
0.58%Noncurrent loans to loans
1.03%Net loans and leases to deposits
60.48%Net loans and leases to core deposits
82.51%Equity capital to assets
7.56%Core capital (leverage) ratio
7.75%Tier 1 risk-based capital ratio
12.05%Total risk-based capital ratio
Memoranda
$13Average assets
$113,997Average earning assets
$8,302Average equity
$106,611Average loans

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