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

This bank is inactive as of July 01, 1993

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

General
FDIC Certificate #: 3380
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: The Royall National Bank of Palestine (#23081)
Federal Reserve ID: 833860
Date Established: March 15, 1904
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)
OTS Docket #: 10060
FDIC's unique #: 2197
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: July 01, 1993
Last Structure Change Process Date: July 30, 1993
Last Data Update: July 30, 1993
Data Source Date: April 05, 2012
Location
Address: 519 North Sycamore Street, Palestine, TX 75801
County: Anderson
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
Core Based Statistical Area (CBSA): Palestine, TX (#37300)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $67.1 mil

Assets and Liabilities (December 31, 1992)

Dollar figures in thousands
0Total employees (full-time equivalent)
$44Total assets
$67,359Cash and due from depository institutions
$3,833Interest-bearing balances
$106Securities
$33,122Federal funds sold & reverse repurchase agreements
$5,155Net loans & leases
$23,119Loan loss allowance
$254Trading account assets
$0Bank premises and fixed assets
$1,363Other real estate owned
$75Goodwill and other intangibles
$692Life insurance assets
$0All other assets
$0Total liabilities and capital
$67,359Total liabilities
$59,972Total deposits
$59,031Interest-bearing deposits
$46,562Deposits held in domestic offices
59031.00%% insured (estimated)
$96Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$834Subordinated debt
$0All other liabilities
$107Total equity capital
$107Total bank equity capital
$7,387Perpetual preferred stock
$0Common stock
$400Surplus
$1,050Undivided profits
Memoranda
$5,937Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$136Income earned, not collected on loans
$174Earning assets
$61,502Long-term assets (5+ years)
$7,712Average Assets, year-to-date
$65,531Average Assets, quarterly
$65,894Volatile liabilities
$4,399Insider loans
$141FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$665Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$7,387Total risk weighted assets
$28,072Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1992)

Dollar figures in thousands
$0Total interest income
$4,184Total interest expense
$1,516Net interest income
$2,668Provision for loan and lease losses
$72Total noninterest income
$699Fiduciary activities
$0Service charges on deposit accounts
$571Trading account gains & fees
$0Additional noninterest income
$128Total noninterest expense
$2,517Salaries and employee benefits
$1,223Premises and equipment expense
$412Additional noninterest expense
$882Pre-tax net operating income
$778Securities gains (losses)
$101Applicable income taxes
$10Income before extraordinary items
$869Extraordinary gains - net
$0Net income attributable to bank
$869Net charge-offs
$128Cash dividends
$260Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1992)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.02%Cost of funding earning assets
2.54%Net interest margin
4.47%Noninterest income to earning assets
1.17%Noninterest expense to earning assets
4.22%Net operating income to assets
1.17%Return on assets (ROA)
1.33%Pretax return on assets
1.34%Return on equity (ROE)
13.25%Retained earnings to average equity (YTD only)
9.29%Net charge-offs to loans
0.60%Credit loss provision to net charge-offs
56.25%Efficiency ratio
74,755Assets per employee
1.53%Cash dividends to net income (YTD only)
Condition Ratios (%)
29.92%Loss allowance to loans
1.09%Loss allowance to noncurrent loans
186.76%Noncurrent assets plus other real estate owned to assets
0.31%Noncurrent loans to loans
0.58%Net loans and leases to deposits
39.16%Net loans and leases to core deposits
41.68%Equity capital to assets
10.97%Core capital (leverage) ratio
11.00%Tier 1 risk-based capital ratio
26.31%Total risk-based capital ratio
Memoranda
$27Average assets
$65,531Average earning assets
$6,559Average equity
$59,632Average loans

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