FDIC Certificate #: 16271 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Texas State Bank (#23346) Federal Reserve ID: 281854 Date Established: June 01, 1945 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 6 (Interstate: No) OTS Docket #: 11377 FDIC's unique #: 10461 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: June 01, 1945 Last Structure Change Effective Date: October 01, 1999 Last Structure Change Process Date: November 12, 1999 Last Data Update: November 12, 1999 Data Source Date: April 05, 2012
Location
Address: 115 East Van Buren Street, Harlingen, TX 78550 County: Cameron Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Houston Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): Brownsville-Harlingen-San Benito, TX (#1240) Combined Statistical Area (CSA): Brownsville-Harlingen-Raymondville, TX (#154) Core Based Statistical Area (CBSA): Brownsville-Harlingen, TX (#15180) CBSA Metro Statistical Area: Brownsville-Harlingen, TX (#15180)
Financial Summary
Total assets: $203.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
179Total employees (full-time equivalent)
$224,658Total assets
$18,893Cash and due from depository institutions
$5,543Interest-bearing balances
$57,137Securities
$9,950Federal funds sold & reverse repurchase agreements
$123,531Net loans & leases
$1,044Loan loss allowance
$0Trading account assets
$5,979Bank premises and fixed assets
$120Other real estate owned
$4,419Goodwill and other intangibles
$0Life insurance assets
$4,629All other assets
$224,658Total liabilities and capital
$204,458Total liabilities
$203,723Total deposits
$151,578Interest-bearing deposits
$203,723Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$735All other liabilities
$20,200Total equity capital
$20,200Total bank equity capital
$20,200Perpetual preferred stock
$0Common stock
$1,500Surplus
$1,500Undivided profits
Memoranda
$17,200Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,087Earning assets
$35Long-term assets (5+ years)
$1,125Average Assets, year-to-date
$196,161Average Assets, quarterly
$44,300Volatile liabilities
$200,447Insider loans
$218,933FHLB advances
$12,655Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$9,966Total risk weighted assets
$11,085Total unused commitments
$0Restructured Loans and leases
$135,139Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$17,451Total interest income
$5,371Total interest expense
$12,080Net interest income
$345Provision for loan and lease losses
$1,901Total noninterest income
$1Fiduciary activities
$1,329Service charges on deposit accounts
$0Trading account gains & fees
$571Additional noninterest income
$12,198Total noninterest expense
$7,265Salaries and employee benefits
$1,707Premises and equipment expense
$3,226Additional noninterest expense
$1,438Pre-tax net operating income
$121Securities gains (losses)
$393Applicable income taxes
$1,166Income before extraordinary items
$0Extraordinary gains - net
$1,166Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$300Sale, conversion, retirement of capital stock, net
$8,250Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
9.93%Yield on earning assets
3.06%Cost of funding earning assets
6.88%Net interest margin
1.08%Noninterest income to earning assets
6.94%Noninterest expense to earning assets
0.54%Net operating income to assets
0.58%Return on assets (ROA)
0.78%Pretax return on assets
6.49%Return on equity (ROE)
-39.41%Retained earnings to average equity (YTD only)
0.26%Net charge-offs to loans
115.00%Credit loss provision to net charge-offs
5.94%Efficiency ratio
86,131Assets per employee
1.26%Cash dividends to net income (YTD only)
Condition Ratios (%)
707.55%Loss allowance to loans
0.84%Loss allowance to noncurrent loans
96.04%Noncurrent assets plus other real estate owned to assets
0.54%Noncurrent loans to loans
0.87%Net loans and leases to deposits
60.64%Net loans and leases to core deposits
64.65%Equity capital to assets
8.99%Core capital (leverage) ratio
7.19%Tier 1 risk-based capital ratio
11.47%Total risk-based capital ratio
Memoranda
$12Average assets
$200,447Average earning assets
$17,977Average equity
$175,672Average 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 Harlingen National Bank.
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.
Comment about this bank, ask questions, or add new information about it: