The First National Bank in Stamford in Stamford, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 01, 1994

The First National Bank in Stamford in Stamford, Texas (TX)
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The First National Bank in Stamford - Overview

General
FDIC Certificate #: 5535
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: State National Bank of West Texas (#24343)
Federal Reserve ID: 348663
Date Established: August 10, 1900
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 1 (Interstate: No)
FDIC's unique #: 3760
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: No
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: November 01, 1994
Last Structure Change Process Date: November 29, 1994
Last Data Update: November 29, 1994
Data Source Date: April 05, 2012
Location
Address: 210 South Swenson Street, Stamford, TX 79553
County: Jones
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
Core Based Statistical Area (CBSA): Abilene, TX (#10180)
CBSA Metro Statistical Area: Abilene, TX (#10180)
Financial Summary
Total assets: $30.4 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$17Total assets
$33,881Cash and due from depository institutions
$1,712Interest-bearing balances
$0Securities
$19,029Federal funds sold & reverse repurchase agreements
$4,250Net loans & leases
$7,657Loan loss allowance
$212Trading account assets
$0Bank premises and fixed assets
$354Other real estate owned
$157Goodwill and other intangibles
$722Life insurance assets
$0All other assets
$0Total liabilities and capital
$33,881Total liabilities
$30,911Total deposits
$30,771Interest-bearing deposits
$23,176Deposits held in domestic offices
30771.00%% insured (estimated)
$97Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$140Total equity capital
$140Total bank equity capital
$2,970Perpetual preferred stock
$0Common stock
$200Surplus
$1,000Undivided profits
Memoranda
$1,770Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$882Income earned, not collected on loans
$132Earning assets
$30,936Long-term assets (5+ years)
$1,394Average Assets, year-to-date
$38,333Average Assets, quarterly
$33,540Volatile liabilities
$2,503Insider loans
$337FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$528Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$2,948Total risk weighted assets
$10,699Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$1,933Total interest expense
$608Net interest income
$1,325Provision for loan and lease losses
$32Total noninterest income
$430Fiduciary activities
$0Service charges on deposit accounts
$187Trading account gains & fees
$0Additional noninterest income
$243Total noninterest expense
$1,142Salaries and employee benefits
$475Premises and equipment expense
$107Additional noninterest expense
$560Pre-tax net operating income
$581Securities gains (losses)
$0Applicable income taxes
$192Income before extraordinary items
$389Extraordinary gains - net
$260Net income attributable to bank
$649Net charge-offs
$80Cash dividends
$365Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
5.63%Cost of funding earning assets
1.77%Net interest margin
3.86%Noninterest income to earning assets
1.25%Noninterest expense to earning assets
3.33%Net operating income to assets
1.01%Return on assets (ROA)
1.69%Pretax return on assets
2.19%Return on equity (ROE)
19.68%Retained earnings to average equity (YTD only)
8.61%Net charge-offs to loans
0.86%Credit loss provision to net charge-offs
40.00%Efficiency ratio
65,071Assets per employee
1.99%Cash dividends to net income (YTD only)
Condition Ratios (%)
56.24%Loss allowance to loans
2.69%Loss allowance to noncurrent loans
24.04%Noncurrent assets plus other real estate owned to assets
3.07%Noncurrent loans to loans
11.21%Net loans and leases to deposits
24.88%Net loans and leases to core deposits
27.09%Equity capital to assets
8.77%Core capital (leverage) ratio
8.81%Tier 1 risk-based capital ratio
27.55%Total risk-based capital ratio
Memoranda
$29Average assets
$38,333Average earning assets
$3,298Average equity
$34,340Average loans

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