FDIC Certificate #: 3370 Status: Inactive Closing history: Consolidated - Without Assistance Acquiring institution:The State National Bank of Big Spring (#3103) Federal Reserve ID: 1010761 Date Established: November 01, 1925 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 2 (Interstate: No) FDIC's unique #: 2188 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: December 19, 2003 Last Structure Change Process Date: January 14, 2004 Last Data Update: January 14, 2004 Data Source Date: April 05, 2012
Location
Address: Main Street, O'donnell, TX 79351 County: Lynn Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Lubbock Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: West
Financial Summary
Total assets: $40.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2002)
Dollar figures in thousands
22Total employees (full-time equivalent)
$42,009Total assets
$3,687Cash and due from depository institutions
$100Interest-bearing balances
$2,980Securities
$500Federal funds sold & reverse repurchase agreements
$32,093Net loans & leases
$836Loan loss allowance
$0Trading account assets
$622Bank premises and fixed assets
$241Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,886All other assets
$42,009Total liabilities and capital
$38,697Total liabilities
$38,229Total deposits
$26,604Interest-bearing deposits
$38,229Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$468All other liabilities
$3,312Total equity capital
$3,312Total bank equity capital
$3,312Perpetual preferred stock
$0Common stock
$150Surplus
$500Undivided profits
Memoranda
$2,662Noncurrent loans and leases
$390Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,463Earning assets
$502Long-term assets (5+ years)
$1,106Average Assets, year-to-date
$35,673Average Assets, quarterly
$1,364Volatile liabilities
$38,654Insider loans
$41,941FHLB advances
$12,289Loans and leases held for sale
$1,204Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$3,289Total risk weighted assets
$390Total unused commitments
$0Restructured Loans and leases
$334Derivatives
Income and Expense (December 31, 2002)
Dollar figures in thousands
$2,900Total interest income
$851Total interest expense
$2,049Net interest income
$439Provision for loan and lease losses
$343Total noninterest income
$0Fiduciary activities
$261Service charges on deposit accounts
$0Trading account gains & fees
$82Additional noninterest income
$1,630Total noninterest expense
$911Salaries and employee benefits
$188Premises and equipment expense
$531Additional noninterest expense
$323Pre-tax net operating income
$0Securities gains (losses)
$116Applicable income taxes
$207Income before extraordinary items
$0Extraordinary gains - net
$207Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$202Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2002)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.65%Yield on earning assets
2.54%Cost of funding earning assets
6.11%Net interest margin
1.02%Noninterest income to earning assets
4.86%Noninterest expense to earning assets
0.54%Net operating income to assets
0.54%Return on assets (ROA)
0.84%Pretax return on assets
6.46%Return on equity (ROE)
6.46%Retained earnings to average equity (YTD only)
0.67%Net charge-offs to loans
217.33%Credit loss provision to net charge-offs
3.77%Efficiency ratio
68,144Assets per employee
1.91%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.54%Loss allowance to noncurrent loans
57.14%Noncurrent assets plus other real estate owned to assets
4.06%Noncurrent loans to loans
4.44%Net loans and leases to deposits
83.95%Net loans and leases to core deposits
123.72%Equity capital to assets
7.88%Core capital (leverage) ratio
8.03%Tier 1 risk-based capital ratio
12.64%Total risk-based capital ratio
Memoranda
$14Average assets
$38,654Average earning assets
$3,205Average equity
$33,520Average loans
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