FDIC Certificate #: 5588 Status: Inactive Closing history: Corrections Acquiring institution:The American National Bank of Texas (#23474) Federal Reserve ID: 500162 Date Established: January 01, 1879 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 #: 3803 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: January 01, 1998 Last Structure Change Process Date: Febuary 10, 1998 Last Data Update: Febuary 10, 1998 Data Source Date: April 05, 2012
Location
Address: 340 N.W. Commerce Street, Wills Point, TX 75169 County: Van Zandt 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
History of Changes
Merger - Without Assistance
Participated in Reorganization
Corrections
Financial Summary
Total assets: $29.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
18Total employees (full-time equivalent)
$29,337Total assets
$1,613Cash and due from depository institutions
$0Interest-bearing balances
$6,806Securities
$2,700Federal funds sold & reverse repurchase agreements
$17,269Net loans & leases
$262Loan loss allowance
$0Trading account assets
$673Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$276All other assets
$29,337Total liabilities and capital
$26,406Total liabilities
$25,849Total deposits
$19,259Interest-bearing deposits
$25,849Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$326Other borrowed funds
$0Subordinated debt
$231All other liabilities
$2,931Total equity capital
$2,931Total bank equity capital
$2,931Perpetual preferred stock
$0Common stock
$550Surplus
$550Undivided profits
Memoranda
$1,831Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$105Earning assets
$0Long-term assets (5+ years)
$169Average Assets, year-to-date
$26,775Average Assets, quarterly
$2,233Volatile liabilities
$30,470Insider loans
$29,075FHLB advances
$2,275Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$777Total unused commitments
$0Restructured Loans and leases
$19,963Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$2,242Total interest income
$891Total interest expense
$1,351Net interest income
$0Provision for loan and lease losses
$238Total noninterest income
$0Fiduciary activities
$181Service charges on deposit accounts
$0Trading account gains & fees
$57Additional noninterest income
$1,150Total noninterest expense
$549Salaries and employee benefits
$137Premises and equipment expense
$464Additional noninterest expense
$439Pre-tax net operating income
$0Securities gains (losses)
$105Applicable income taxes
$334Income before extraordinary items
$0Extraordinary gains - net
$334Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$47Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.06%Yield on earning assets
3.20%Cost of funding earning assets
4.85%Net interest margin
0.86%Noninterest income to earning assets
4.13%Noninterest expense to earning assets
1.10%Net operating income to assets
1.10%Return on assets (ROA)
1.44%Pretax return on assets
12.03%Return on equity (ROE)
12.03%Retained earnings to average equity (YTD only)
-0.27%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
72,373Assets per employee
1.63%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.49%Loss allowance to noncurrent loans
249.52%Noncurrent assets plus other real estate owned to assets
0.36%Noncurrent loans to loans
0.60%Net loans and leases to deposits
66.81%Net loans and leases to core deposits
72.26%Equity capital to assets
9.99%Core capital (leverage) ratio
9.82%Tier 1 risk-based capital ratio
14.61%Total risk-based capital ratio
Memoranda
$16Average assets
$30,470Average earning assets
$2,776Average equity
$27,828Average loans
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