United Bank, National Association in Lancaster, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 18, 1993

  • United Bank, National Association in Lancaster, Texas (TX)
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United Bank, National Association - Overview

  • General
  • FDIC Certificate #: 3295
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Kilgore First National Bank (#3284)
    Federal Reserve ID: 876250
    Date Established: September 02, 1919
    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)
    FDIC's unique #: 2133
    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: March 18, 1993
    Last Structure Change Process Date: March 23, 1993
    Last Data Update: March 23, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: 1425 North Dallas Avenue, Lancaster, TX 75146
    County: Dallas
    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
    Metropolitan Statistical Area (MSA): Dallas, TX (#1920)
    Consolidated Metropolitan Statistical Area (CMSA): Dallas-Fort Worth, TX (#31)
    Combined Statistical Area (CSA): Dallas-Fort Worth, TX (#206)
    Core Based Statistical Area (CBSA): Dallas-Fort Worth-Arlington, TX (#19100)
    CBSA Metro Statistical Area: Dallas-Fort Worth-Arlington, TX (#19100)
    Core Based Statistical Division: Dallas-Plano-Irving, TX (#19124)
  • History of Changes
  • Absorption - Assisted
    Corrections
  • Financial Summary
  • Total assets: $49.8 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $28Total assets
  • $49,805Cash and due from depository institutions
  • $2,524Interest-bearing balances
  • $0Securities
  • $2,962Federal funds sold & reverse repurchase agreements
  • $19,240Net loans & leases
  • $20,733Loan loss allowance
  • $836Trading account assets
  • $0Bank premises and fixed assets
  • $2,504Other real estate owned
  • $1,384Goodwill and other intangibles
  • $458Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $49,805Total liabilities
  • $49,196Total deposits
  • $49,016Interest-bearing deposits
  • $41,988Deposits held in domestic offices
  • 49016.00%% insured (estimated)
  • $96Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $180Total equity capital
  • $180Total bank equity capital
  • $609Perpetual preferred stock
  • $0Common stock
  • $600Surplus
  • $600Undivided profits
  • Memoranda
  • $-591Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,780Income earned, not collected on loans
  • $206Earning assets
  • $42,935Long-term assets (5+ years)
  • $1,850Average Assets, year-to-date
  • $53,851Average Assets, quarterly
  • $51,452Volatile liabilities
  • $2,005Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $668Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $609Total risk weighted assets
  • $25,992Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $3,807Total interest expense
  • $1,729Net interest income
  • $2,078Provision for loan and lease losses
  • $1,381Total noninterest income
  • $721Fiduciary activities
  • $0Service charges on deposit accounts
  • $630Trading account gains & fees
  • $0Additional noninterest income
  • $91Total noninterest expense
  • $2,940Salaries and employee benefits
  • $901Premises and equipment expense
  • $434Additional noninterest expense
  • $1,605Pre-tax net operating income
  • -$1,522Securities gains (losses)
  • $0Applicable income taxes
  • $0Income before extraordinary items
  • -$1,522Extraordinary gains - net
  • $0Net income attributable to bank
  • -$1,522Net charge-offs
  • $1,270Cash dividends
  • $9Sale, 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
  • 8.16%Cost of funding earning assets
  • 3.71%Net interest margin
  • 4.46%Noninterest income to earning assets
  • 1.55%Noninterest expense to earning assets
  • 6.30%Net operating income to assets
  • -2.83%Return on assets (ROA)
  • -2.83%Pretax return on assets
  • -2.83%Return on equity (ROE)
  • -58.38%Retained earnings to average equity (YTD only)
  • -58.72%Net charge-offs to loans
  • 4.65%Credit loss provision to net charge-offs
  • 108.74%Efficiency ratio
  • 105,038Assets per employee
  • 1.78%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -0.59%Loss allowance to loans
  • 3.88%Loss allowance to noncurrent loans
  • 46.97%Noncurrent assets plus other real estate owned to assets
  • 6.35%Noncurrent loans to loans
  • 8.25%Net loans and leases to deposits
  • 42.30%Net loans and leases to core deposits
  • 44.10%Equity capital to assets
  • 1.22%Core capital (leverage) ratio
  • 1.16%Tier 1 risk-based capital ratio
  • 2.34%Total risk-based capital ratio
  • Memoranda
  • $4Average assets
  • $53,851Average earning assets
  • $2,607Average equity
  • $46,639Average loans

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