FDIC Certificate #: 3401 Status: Active Federal Reserve ID: 644963 Bank Holding Company (Regulatory Top Holder): Quitaque National Corporation (RSSDID: 3141034, Location: Quitaque, TX) Date Established: August 20, 1920 WWW:http://www.fnbquitaque.com Trust Powers Granted: No Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 2215 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Agricultural lending institution: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: No Subchapter S Corporations: No Asset Concentration Hierarchy: Agricultural Specialization Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: Main And First Streets, Quitaque, TX 79255 County: Briscoe 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
History of Changes
Change in Geographic Region/Area/Territory/Field Office
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $49.4 mil Equity capital: $7.0 mil Deposits held in domestic offices: $42.0 mil Return on assets (ROA): 0.64% ($0.3 mil) Quarterly return on assets: 0.64% ($0.3 mil) Return on Equity (ROE): 4.35% ($0.3 mil) Quarterly return on equity: 4.45% ($0.3 mil) Net income: $0.3 mil Quarterly Net income: $0.1 mil Pretax return on assets: 0.75% ($370.4 mil) Quarterly Pretax return on assets: 0.86% ($424.7 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2011)
Dollar figures in thousands
10Total employees (full-time equivalent)
$49,389Total assets
$19,530Cash and due from depository institutions
$17,943Interest-bearing balances
$12,373Securities
$0Federal funds sold & reverse repurchase agreements
$15,183Net loans & leases
$210Loan loss allowance
$0Trading account assets
$115Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$49,389Life insurance assets
$2,188All other assets
$42,409Total liabilities and capital
$42,000Total liabilities
$30,083Total deposits
$42,000Interest-bearing deposits
$67Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$409Subordinated debt
$6,980All other liabilities
$6,980Total equity capital
$6,980Total bank equity capital
$0Perpetual preferred stock
$50Common stock
$150Surplus
$6,780Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$37Income earned, not collected on loans
$0Earning assets
$351Long-term assets (5+ years)
$45,499Average Assets, year-to-date
$790Average Assets, quarterly
$47,070Volatile liabilities
$48,622Insider loans
$19,774FHLB advances
$49,398Loans and leases held for sale
$1,419Unused loan commitments
$1,419Tier 1 (core) risk-based capital
$6,877Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$5,865Restructured Loans and leases
$2Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,466Total interest income
$185Total interest expense
$1,281Net interest income
$0Provision for loan and lease losses
$372Total noninterest income
$0Fiduciary activities
$267Service charges on deposit accounts
$0Trading account gains & fees
$105Additional noninterest income
$1,302Total noninterest expense
$809Salaries and employee benefits
$99Premises and equipment expense
$394Additional noninterest expense
$351Pre-tax net operating income
$0Securities gains (losses)
$51Applicable income taxes
$300Income before extraordinary items
$0Extraordinary gains - net
$300Net income attributable to bank
$0Net charge-offs
$300Cash dividends
-$3Sale, conversion, retirement of capital stock, net
$100Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
3.38%Yield on earning assets
0.43%Cost of funding earning assets
2.95%Net interest margin
0.86%Noninterest income to earning assets
3.00%Noninterest expense to earning assets
0.64%Net operating income to assets
0.64%Return on assets (ROA)
0.75%Pretax return on assets
4.35%Return on equity (ROE)
2.90%Retained earnings to average equity (YTD only)
-0.02%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
78,766Assets per employee
4.94%Cash dividends to net income (YTD only)
Condition Ratios (%)
33.33%Loss allowance to loans
1.36%Loss allowance to noncurrent loans
567.57%Noncurrent assets plus other real estate owned to assets
0.07%Noncurrent loans to loans
0.24%Net loans and leases to deposits
36.15%Net loans and leases to core deposits
36.15%Equity capital to assets
14.13%Core capital (leverage) ratio
13.92%Tier 1 risk-based capital ratio
34.78%Total risk-based capital ratio
Memoranda
$36Average assets
$47,070Average earning assets
$6,897Average equity
$43,368Average loans
List of branches
1 Texas Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
2215
The First National Bank Of Quitaque
Main And First Streets, Quitaque, TX 79255
August 20, 1920
Full Service Brick and Mortar
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