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

This bank is inactive as of March 12, 2011

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

  • General
  • FDIC Certificate #: 3347
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: The City National Bank of Sulphur Springs (#5544)
    Federal Reserve ID: 386357
    Date Established: July 15, 1898
    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 #: 2168
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 12, 2011
    Last Structure Change Process Date: March 23, 2011
    Last Data Update: March 23, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 200 North Pacific Street, Mineola, TX 75773
    County: Wood
    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: $27.7 mil

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

2000 - 2011 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, 2010)

  • Dollar figures in thousands
  • 16Total employees (full-time equivalent)
  • $27,730Total assets
  • $634Cash and due from depository institutions
  • $12Interest-bearing balances
  • $17,490Securities
  • $1,156Federal funds sold & reverse repurchase agreements
  • $6,457Net loans & leases
  • $75Loan loss allowance
  • $0Trading account assets
  • $60Bank premises and fixed assets
  • $203Other real estate owned
  • $0Goodwill and other intangibles
  • $1,321Life insurance assets
  • $1,730All other assets
  • $27,730Total liabilities and capital
  • $25,467Total liabilities
  • $25,201Total deposits
  • $16,909Interest-bearing deposits
  • $25,201Deposits held in domestic offices
  • 95.45%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $266All other liabilities
  • $2,263Total equity capital
  • $2,263Total bank equity capital
  • $2,263Perpetual preferred stock
  • $0Common stock
  • $500Surplus
  • $500Undivided profits
  • Memoranda
  • $1,263Noncurrent loans and leases
  • $13Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $112Earning assets
  • $0Long-term assets (5+ years)
  • $102Average Assets, year-to-date
  • $25,115Average Assets, quarterly
  • $20,042Volatile liabilities
  • $29,715Insider loans
  • $28,301FHLB advances
  • $3,154Loans and leases held for sale
  • $750Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $13Total unused commitments
  • $0Restructured Loans and leases
  • $75Derivatives

Income and Expense (December 31, 2010)

  • Dollar figures in thousands
  • $904Total interest income
  • $183Total interest expense
  • $721Net interest income
  • $3Provision for loan and lease losses
  • $533Total noninterest income
  • $10Fiduciary activities
  • $95Service charges on deposit accounts
  • $0Trading account gains & fees
  • $428Additional noninterest income
  • $1,224Total noninterest expense
  • $659Salaries and employee benefits
  • $96Premises and equipment expense
  • $469Additional noninterest expense
  • $27Pre-tax net operating income
  • $302Securities gains (losses)
  • $0Applicable income taxes
  • $329Income before extraordinary items
  • $0Extraordinary gains - net
  • $329Net income attributable to bank
  • $0Net charge-offs
  • $329Cash dividends
  • $3Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2010)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.34%Yield on earning assets
  • 0.68%Cost of funding earning assets
  • 2.67%Net interest margin
  • 1.97%Noninterest income to earning assets
  • 4.53%Noninterest expense to earning assets
  • 0.09%Net operating income to assets
  • 1.11%Return on assets (ROA)
  • 1.11%Pretax return on assets
  • 12.90%Return on equity (ROE)
  • 12.90%Retained earnings to average equity (YTD only)
  • 0.05%Net charge-offs to loans
  • 100.00%Credit loss provision to net charge-offs
  • 10.00%Efficiency ratio
  • 97,608Assets per employee
  • 1.73%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.15%Loss allowance to noncurrent loans
  • 66.96%Noncurrent assets plus other real estate owned to assets
  • 1.14%Noncurrent loans to loans
  • 1.71%Net loans and leases to deposits
  • 25.62%Net loans and leases to core deposits
  • 29.29%Equity capital to assets
  • 8.16%Core capital (leverage) ratio
  • 9.09%Tier 1 risk-based capital ratio
  • 28.24%Total risk-based capital ratio
  • Memoranda
  • $29Average assets
  • $29,715Average earning assets
  • $2,550Average equity
  • $27,045Average loans

Total Fiduciary and Related Assets (December 31, 2010)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $2,684Managed Assets
  • 1Number of Accounts
  • $1,093Personal trust and agency accounts
  • $256Employee benefit-defined contribution accounts
  • $400Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $437Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 22Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $1,591Other retirement accounts
  • $299Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $1,292Fiduciary accounts held in foreign offices

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