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

This bank is inactive as of October 02, 1995

The National Bank of Andrews in Andrews, Texas (TX)
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The National Bank of Andrews - Overview

General
FDIC Certificate #: 24394
Status: Inactive
Closing history: Consolidated - Without Assistance
Acquiring institution: The National Bank of Andrews (#17603)
Federal Reserve ID: 488653
Date Established: March 25, 1983
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)
OTS Docket #: 11080
FDIC's unique #: 16974
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: March 25, 1983
Last Structure Change Effective Date: October 02, 1995
Last Structure Change Process Date: October 26, 1995
Last Data Update: April 11, 1998
Data Source Date: April 05, 2012
Location
Address: 1501 North Main Street, Andrews, TX 79714
County: Andrews
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): Andrews, TX (#11380)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $32.7 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$18Total assets
$35,828Cash and due from depository institutions
$2,319Interest-bearing balances
$203Securities
$13,303Federal funds sold & reverse repurchase agreements
$3,850Net loans & leases
$14,888Loan loss allowance
$149Trading account assets
$0Bank premises and fixed assets
$1,107Other real estate owned
$0Goodwill and other intangibles
$361Life insurance assets
$0All other assets
$0Total liabilities and capital
$35,828Total liabilities
$32,487Total deposits
$32,112Interest-bearing deposits
$26,467Deposits held in domestic offices
32112.00%% insured (estimated)
$75Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$375Total equity capital
$375Total bank equity capital
$3,341Perpetual preferred stock
$0Common stock
$1,500Surplus
$1,500Undivided profits
Memoranda
$341Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$91Income earned, not collected on loans
$146Earning assets
$32,244Long-term assets (5+ years)
$634Average Assets, year-to-date
$35,043Average Assets, quarterly
$35,298Volatile liabilities
$3,337Insider loans
$1,248FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$597Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$3,415Total risk weighted assets
$18,262Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$2,213Total interest expense
$766Net interest income
$1,447Provision for loan and lease losses
$24Total noninterest income
$392Fiduciary activities
$0Service charges on deposit accounts
$332Trading account gains & fees
$0Additional noninterest income
$60Total noninterest expense
$1,198Salaries and employee benefits
$503Premises and equipment expense
$151Additional noninterest expense
$544Pre-tax net operating income
$617Securities gains (losses)
$0Applicable income taxes
$224Income before extraordinary items
$393Extraordinary gains - net
$0Net income attributable to bank
$393Net charge-offs
$1Cash dividends
$300Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1994)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.05%Cost of funding earning assets
2.44%Net interest margin
4.61%Noninterest income to earning assets
1.25%Noninterest expense to earning assets
3.82%Net operating income to assets
1.12%Return on assets (ROA)
1.12%Pretax return on assets
1.76%Return on equity (ROE)
11.77%Retained earnings to average equity (YTD only)
2.79%Net charge-offs to loans
0.01%Credit loss provision to net charge-offs
2400.00%Efficiency ratio
65,144Assets per employee
1.99%Cash dividends to net income (YTD only)
Condition Ratios (%)
76.34%Loss allowance to loans
0.99%Loss allowance to noncurrent loans
163.74%Noncurrent assets plus other real estate owned to assets
0.25%Noncurrent loans to loans
0.61%Net loans and leases to deposits
46.36%Net loans and leases to core deposits
51.74%Equity capital to assets
9.33%Core capital (leverage) ratio
9.69%Tier 1 risk-based capital ratio
18.70%Total risk-based capital ratio
Memoranda
$20Average assets
$35,043Average earning assets
$3,338Average equity
$31,373Average loans

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