The Stone Fort National Bank of Nacogdoches - Overview
General
FDIC Certificate #: 3357 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Regions Bank (#12368) Federal Reserve ID: 949060 Date Established: Febuary 14, 1903 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 #: 2177 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: September 10, 1998 Last Structure Change Process Date: October 06, 1998 Last Data Update: October 06, 1998 Data Source Date: April 05, 2012
Location
Address: 300 East Main Street, Nacogdoches, TX 75961 County: Nacogdoches 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 Core Based Statistical Area (CBSA): Nacogdoches, TX (#34860) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $157.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
58Total employees (full-time equivalent)
$155,982Total assets
$6,100Cash and due from depository institutions
$106Interest-bearing balances
$49,651Securities
$1,980Federal funds sold & reverse repurchase agreements
$92,173Net loans & leases
$2,476Loan loss allowance
$0Trading account assets
$3,144Bank premises and fixed assets
$144Other real estate owned
$581Goodwill and other intangibles
$0Life insurance assets
$2,209All other assets
$155,982Total liabilities and capital
$141,058Total liabilities
$140,392Total deposits
$115,778Interest-bearing deposits
$140,392Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$666All other liabilities
$14,924Total equity capital
$14,924Total bank equity capital
$14,924Perpetual preferred stock
$0Common stock
$2,700Surplus
$8,660Undivided profits
Memoranda
$3,564Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$456Earning assets
$0Long-term assets (5+ years)
$932Average Assets, year-to-date
$143,910Average Assets, quarterly
$37,268Volatile liabilities
$159,836Insider loans
$156,709FHLB advances
$18,851Loans and leases held for sale
$9,890Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$13,047Total unused commitments
$0Restructured Loans and leases
$102,415Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$11,359Total interest income
$4,711Total interest expense
$6,648Net interest income
$0Provision for loan and lease losses
$1,273Total noninterest income
$5Fiduciary activities
$951Service charges on deposit accounts
$0Trading account gains & fees
$317Additional noninterest income
$4,421Total noninterest expense
$1,838Salaries and employee benefits
$750Premises and equipment expense
$1,833Additional noninterest expense
$3,500Pre-tax net operating income
-$7Securities gains (losses)
$1,093Applicable income taxes
$2,400Income before extraordinary items
$0Extraordinary gains - net
$2,400Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$42Sale, conversion, retirement of capital stock, net
$1,900Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.78%Yield on earning assets
3.23%Cost of funding earning assets
4.55%Net interest margin
0.87%Noninterest income to earning assets
3.03%Noninterest expense to earning assets
1.50%Net operating income to assets
1.50%Return on assets (ROA)
2.19%Pretax return on assets
16.64%Return on equity (ROE)
3.47%Retained earnings to average equity (YTD only)
-0.05%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
55,132Assets per employee
2.69%Cash dividends to net income (YTD only)
Condition Ratios (%)
79.17%Loss allowance to loans
2.62%Loss allowance to noncurrent loans
542.98%Noncurrent assets plus other real estate owned to assets
0.38%Noncurrent loans to loans
0.48%Net loans and leases to deposits
65.65%Net loans and leases to core deposits
75.84%Equity capital to assets
9.57%Core capital (leverage) ratio
9.13%Tier 1 risk-based capital ratio
13.99%Total risk-based capital ratio
Memoranda
$15Average assets
$159,836Average earning assets
$14,420Average equity
$146,065Average loans
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