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

This bank is inactive as of May 18, 1998

  • The First National Bank of La Feria in La Feria, Texas (TX)
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The First National Bank of La Feria - Overview

  • General
  • FDIC Certificate #: 3288
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: The Harlingen National Bank (#16271)
    Federal Reserve ID: 873651
    Date Established: November 16, 1912
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 3 (Interstate: No)
    FDIC's unique #: 2127
    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: May 18, 1998
    Last Structure Change Process Date: June 09, 1998
    Last Data Update: June 09, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: Main Street, La Feria, TX 78559
    County: Cameron
    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): Brownsville-Harlingen-San Benito, TX (#1240)
    Combined Statistical Area (CSA): Brownsville-Harlingen-Raymondville, TX (#154)
    Core Based Statistical Area (CBSA): Brownsville-Harlingen, TX (#15180)
    CBSA Metro Statistical Area: Brownsville-Harlingen, TX (#15180)
  • Financial Summary
  • Total assets: $48.8 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
  • 33Total employees (full-time equivalent)
  • $46,212Total assets
  • $2,395Cash and due from depository institutions
  • $0Interest-bearing balances
  • $12,890Securities
  • $9,054Federal funds sold & reverse repurchase agreements
  • $20,118Net loans & leases
  • $256Loan loss allowance
  • $0Trading account assets
  • $1,029Bank premises and fixed assets
  • $56Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $670All other assets
  • $46,212Total liabilities and capital
  • $42,679Total liabilities
  • $42,268Total deposits
  • $32,565Interest-bearing deposits
  • $42,268Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $113Other borrowed funds
  • $0Subordinated debt
  • $298All other liabilities
  • $3,533Total equity capital
  • $3,533Total bank equity capital
  • $3,533Perpetual preferred stock
  • $0Common stock
  • $400Surplus
  • $400Undivided profits
  • Memoranda
  • $2,733Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $332Earning assets
  • $92Long-term assets (5+ years)
  • $219Average Assets, year-to-date
  • $42,062Average Assets, quarterly
  • $1,178Volatile liabilities
  • $46,097Insider loans
  • $46,072FHLB advances
  • $1,761Loans and leases held for sale
  • $673Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $2,121Total unused commitments
  • $0Restructured Loans and leases
  • $21,338Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $3,430Total interest income
  • $1,296Total interest expense
  • $2,134Net interest income
  • $130Provision for loan and lease losses
  • $707Total noninterest income
  • $0Fiduciary activities
  • $524Service charges on deposit accounts
  • $0Trading account gains & fees
  • $183Additional noninterest income
  • $2,365Total noninterest expense
  • $1,320Salaries and employee benefits
  • $314Premises and equipment expense
  • $731Additional noninterest expense
  • $346Pre-tax net operating income
  • $0Securities gains (losses)
  • $96Applicable income taxes
  • $250Income before extraordinary items
  • $0Extraordinary gains - net
  • $250Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $90Sale, conversion, retirement of capital stock, net
  • $40Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.21%Yield on earning assets
  • 3.10%Cost of funding earning assets
  • 5.11%Net interest margin
  • 1.69%Noninterest income to earning assets
  • 5.66%Noninterest expense to earning assets
  • 0.54%Net operating income to assets
  • 0.54%Return on assets (ROA)
  • 0.75%Pretax return on assets
  • 7.36%Return on equity (ROE)
  • 6.19%Retained earnings to average equity (YTD only)
  • 0.43%Net charge-offs to loans
  • 144.44%Credit loss provision to net charge-offs
  • 5.29%Efficiency ratio
  • 83,245Assets per employee
  • 1.40%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 16.00%Loss allowance to loans
  • 1.26%Loss allowance to noncurrent loans
  • 77.11%Noncurrent assets plus other real estate owned to assets
  • 0.84%Noncurrent loans to loans
  • 1.63%Net loans and leases to deposits
  • 47.60%Net loans and leases to core deposits
  • 49.53%Equity capital to assets
  • 7.65%Core capital (leverage) ratio
  • 7.60%Tier 1 risk-based capital ratio
  • 16.50%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $46,097Average earning assets
  • $3,395Average equity
  • $41,794Average loans

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