FDIC Certificate #: 16932 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:The First National Bank of Hughes Springs (#3268) Federal Reserve ID: 599858 Date Established: August 28, 1950 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 #: 11015 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: August 28, 1950 Last Structure Change Effective Date: August 09, 1999 Last Structure Change Process Date: September 09, 1999 Last Data Update: September 09, 1999 Data Source Date: April 05, 2012
Location
Address: 202 North Polk Street, Jefferson, TX 75657 County: Marion 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
Financial Summary
Total assets: $34.0 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
15Total employees (full-time equivalent)
$34,604Total assets
$1,839Cash and due from depository institutions
$0Interest-bearing balances
$5,637Securities
$4,650Federal funds sold & reverse repurchase agreements
$21,150Net loans & leases
$170Loan loss allowance
$0Trading account assets
$652Bank premises and fixed assets
$95Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$581All other assets
$34,604Total liabilities and capital
$30,508Total liabilities
$30,152Total deposits
$25,015Interest-bearing deposits
$30,152Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$16Other borrowed funds
$0Subordinated debt
$340All other liabilities
$4,096Total equity capital
$4,096Total bank equity capital
$4,096Perpetual preferred stock
$0Common stock
$400Surplus
$1,854Undivided profits
Memoranda
$1,842Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$20Earning assets
$0Long-term assets (5+ years)
$211Average Assets, year-to-date
$31,437Average Assets, quarterly
$10,254Volatile liabilities
$33,093Insider loans
$34,282FHLB advances
$3,507Loans and leases held for sale
$161Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,969Total unused commitments
$0Restructured Loans and leases
$24,396Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$2,388Total interest income
$873Total interest expense
$1,515Net interest income
$52Provision for loan and lease losses
$233Total noninterest income
$0Fiduciary activities
$137Service charges on deposit accounts
$0Trading account gains & fees
$96Additional noninterest income
$1,067Total noninterest expense
$531Salaries and employee benefits
$187Premises and equipment expense
$349Additional noninterest expense
$629Pre-tax net operating income
$0Securities gains (losses)
$187Applicable income taxes
$442Income before extraordinary items
$0Extraordinary gains - net
$442Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$22Sale, conversion, retirement of capital stock, net
$460Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.93%Yield on earning assets
2.90%Cost of funding earning assets
5.03%Net interest margin
0.77%Noninterest income to earning assets
3.54%Noninterest expense to earning assets
1.34%Net operating income to assets
1.34%Return on assets (ROA)
1.90%Pretax return on assets
10.65%Return on equity (ROE)
-0.43%Retained earnings to average equity (YTD only)
0.11%Net charge-offs to loans
236.36%Credit loss provision to net charge-offs
30.95%Efficiency ratio
61,041Assets per employee
2.31%Cash dividends to net income (YTD only)
Condition Ratios (%)
104.07%Loss allowance to loans
0.80%Loss allowance to noncurrent loans
850.00%Noncurrent assets plus other real estate owned to assets
0.33%Noncurrent loans to loans
0.09%Net loans and leases to deposits
70.14%Net loans and leases to core deposits
79.33%Equity capital to assets
11.84%Core capital (leverage) ratio
11.82%Tier 1 risk-based capital ratio
16.82%Total risk-based capital ratio
Memoranda
$18Average assets
$33,093Average earning assets
$4,150Average equity
$30,121Average loans
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