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

This bank is inactive as of June 14, 1996

The First National Bank of the Panhandle in Panhandle, Texas (TX)
Show street view No street view available for this location

The First National Bank of the Panhandle - Overview

General
FDIC Certificate #: 3382
Status: Inactive
Closing history: Corrections
Acquiring institution: Sun Bank (#17026)
Federal Reserve ID: 781868
Date Established: May 06, 1927
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 #: 2198
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
Oakar Institutions: Yes
State Chartered: No
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: June 14, 1996
Last Structure Change Process Date: June 18, 1996
Last Data Update: May 06, 1999
Data Source Date: April 05, 2012
Location
Address: Third And Euclid Streets, Panhandle, TX 79068
County: Carson
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
Core Based Statistical Area (CBSA): Amarillo, TX (#11100)
CBSA Metro Statistical Area: Amarillo, TX (#11100)
History of Changes
Absorption - Assisted
Corrections
Office Sold
Financial Summary
Total assets: $68.1 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

Dollar figures in thousands
0Total employees (full-time equivalent)
$38Total assets
$79,311Cash and due from depository institutions
$2,352Interest-bearing balances
$0Securities
$12,292Federal funds sold & reverse repurchase agreements
$3,950Net loans & leases
$53,370Loan loss allowance
$1,998Trading account assets
$0Bank premises and fixed assets
$2,258Other real estate owned
$817Goodwill and other intangibles
$4,260Life insurance assets
$12All other assets
$0Total liabilities and capital
$79,311Total liabilities
$78,596Total deposits
$78,227Interest-bearing deposits
$72,162Deposits held in domestic offices
78227.00%% insured (estimated)
$97Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$369Total equity capital
$369Total bank equity capital
$715Perpetual preferred stock
$0Common stock
$2,400Surplus
$2,800Undivided profits
Memoranda
$-4,485Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$9,887Income earned, not collected on loans
$1,550Earning assets
$69,612Long-term assets (5+ years)
$1,241Average Assets, year-to-date
$90,658Average Assets, quarterly
$83,989Volatile liabilities
$13,622Insider loans
$1,999FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$17,265Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$687Total risk weighted assets
$60,346Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$6,796Total interest expense
$3,879Net interest income
$2,917Provision for loan and lease losses
$8,416Total noninterest income
$400Fiduciary activities
$0Service charges on deposit accounts
$350Trading account gains & fees
$0Additional noninterest income
$50Total noninterest expense
$2,913Salaries and employee benefits
$1,371Premises and equipment expense
$426Additional noninterest expense
$1,116Pre-tax net operating income
-$8,012Securities gains (losses)
$29Applicable income taxes
-$1,242Income before extraordinary items
-$6,741Extraordinary gains - net
$0Net income attributable to bank
-$6,741Net charge-offs
$7,003Cash dividends
$150Sale, conversion, retirement of capital stock, net
$970Net operating income

Performance and Condition Ratios (December 31, 1995)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.40%Cost of funding earning assets
4.79%Net interest margin
3.61%Noninterest income to earning assets
0.49%Noninterest expense to earning assets
3.60%Net operating income to assets
-7.46%Return on assets (ROA)
-7.44%Pretax return on assets
-8.81%Return on equity (ROE)
-130.88%Retained earnings to average equity (YTD only)
-133.79%Net charge-offs to loans
10.30%Credit loss provision to net charge-offs
120.18%Efficiency ratio
87,609Assets per employee
2.09%Cash dividends to net income (YTD only)
Condition Ratios (%)
-2.23%Loss allowance to loans
3.61%Loss allowance to noncurrent loans
20.21%Noncurrent assets plus other real estate owned to assets
13.50%Noncurrent loans to loans
17.86%Net loans and leases to deposits
68.22%Net loans and leases to core deposits
82.61%Equity capital to assets
0.90%Core capital (leverage) ratio
0.79%Tier 1 risk-based capital ratio
1.14%Total risk-based capital ratio
Memoranda
$2Average assets
$90,658Average earning assets
$5,151Average equity
$80,914Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with The First National Bank of the Panhandle.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.