FDIC Certificate #: 15602 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Texas Champion Bank (#11159) Federal Reserve ID: 747855 Date Established: January 10, 1913 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 3 (Interstate: No) FDIC's unique #: 9887 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: May 04, 1938 Last Structure Change Effective Date: June 15, 1998 Last Structure Change Process Date: July 10, 1998 Last Data Update: July 10, 1998 Data Source Date: April 05, 2012
Location
Address: Del Mar Avenue And State Highway 97, Charlotte, TX 78011 County: Atascosa Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Austin Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: West Core Based Statistical Area (CBSA): San Antonio-New Braunfels, TX (#41700) CBSA Metro Statistical Area: San Antonio-New Braunfels, TX (#41700)
Financial Summary
Total assets: $38.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
25Total employees (full-time equivalent)
$38,611Total assets
$1,496Cash and due from depository institutions
$0Interest-bearing balances
$9,045Securities
$3,883Federal funds sold & reverse repurchase agreements
$22,633Net loans & leases
$406Loan loss allowance
$0Trading account assets
$818Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$736All other assets
$38,611Total liabilities and capital
$35,686Total liabilities
$35,497Total deposits
$29,185Interest-bearing deposits
$35,497Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$189All other liabilities
$2,925Total equity capital
$2,925Total bank equity capital
$2,925Perpetual preferred stock
$0Common stock
$181Surplus
$1,419Undivided profits
Memoranda
$1,325Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$786Earning assets
$0Long-term assets (5+ years)
$360Average Assets, year-to-date
$35,561Average Assets, quarterly
$961Volatile liabilities
$38,750Insider loans
$38,738FHLB advances
$4,810Loans and leases held for sale
$783Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,977Total unused commitments
$0Restructured Loans and leases
$25,177Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$3,124Total interest income
$1,241Total interest expense
$1,883Net interest income
$431Provision for loan and lease losses
$668Total noninterest income
$0Fiduciary activities
$613Service charges on deposit accounts
$0Trading account gains & fees
$55Additional noninterest income
$1,877Total noninterest expense
$755Salaries and employee benefits
$247Premises and equipment expense
$875Additional noninterest expense
$243Pre-tax net operating income
$0Securities gains (losses)
$67Applicable income taxes
$176Income before extraordinary items
$0Extraordinary gains - net
$176Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$378Sale, conversion, retirement of capital stock, net
$383Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.91%Yield on earning assets
3.54%Cost of funding earning assets
5.37%Net interest margin
1.91%Noninterest income to earning assets
5.35%Noninterest expense to earning assets
0.45%Net operating income to assets
0.45%Return on assets (ROA)
0.63%Pretax return on assets
5.90%Return on equity (ROE)
-6.94%Retained earnings to average equity (YTD only)
1.60%Net charge-offs to loans
114.02%Credit loss provision to net charge-offs
1.78%Efficiency ratio
73,579Assets per employee
1.54%Cash dividends to net income (YTD only)
Condition Ratios (%)
217.61%Loss allowance to loans
1.76%Loss allowance to noncurrent loans
51.65%Noncurrent assets plus other real estate owned to assets
2.04%Noncurrent loans to loans
3.41%Net loans and leases to deposits
63.76%Net loans and leases to core deposits
73.75%Equity capital to assets
7.58%Core capital (leverage) ratio
7.65%Tier 1 risk-based capital ratio
11.65%Total risk-based capital ratio
Memoranda
$13Average assets
$38,750Average earning assets
$2,985Average equity
$35,061Average loans
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with The Country Bank.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: