United Bank and Trust in Abilene, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 10, 2000

United Bank and Trust in Abilene, Texas (TX)
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United Bank and Trust - Overview

General
FDIC Certificate #: 26804
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: State National Bank of West Texas (#24343)
Federal Reserve ID: 326652
Date Established: October 01, 1986
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 5 (Interstate: No)
OTS Docket #: 12601
FDIC's unique #: 35979
Numeric code: 13
Regulator: FED
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: October 01, 1986
Last Structure Change Effective Date: November 10, 2000
Last Structure Change Process Date: January 02, 2001
Last Data Update: January 02, 2001
Data Source Date: April 05, 2012
Location
Address: 1011 North Third Street, Abilene, TX 79601
County: Taylor
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: San Francisco
FDIC Field Office: Dallas
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
Metropolitan Statistical Area (MSA): Abilene, TX (#40)
Core Based Statistical Area (CBSA): Abilene, TX (#10180)
CBSA Metro Statistical Area: Abilene, TX (#10180)
Financial Summary
Total assets: $110.1 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, 1999)

Dollar figures in thousands
69Total employees (full-time equivalent)
$118,991Total assets
$5,972Cash and due from depository institutions
$16Interest-bearing balances
$21,887Securities
$0Federal funds sold & reverse repurchase agreements
$76,646Net loans & leases
$2,007Loan loss allowance
$0Trading account assets
$3,674Bank premises and fixed assets
$0Other real estate owned
$9,137Goodwill and other intangibles
$0Life insurance assets
$1,675All other assets
$118,991Total liabilities and capital
$102,273Total liabilities
$98,881Total deposits
$83,385Interest-bearing deposits
$98,881Deposits held in domestic offices
0.00%% insured (estimated)
$2,061Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$1,331All other liabilities
$16,718Total equity capital
$16,718Total bank equity capital
$16,718Perpetual preferred stock
$0Common stock
$1,200Surplus
$15,427Undivided profits
Memoranda
$91Noncurrent loans and leases
$13,074Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$2,236Earning assets
$245Long-term assets (5+ years)
$684Average Assets, year-to-date
$98,549Average Assets, quarterly
$8,909Volatile liabilities
$129,618Insider loans
$120,830FHLB advances
$20,108Loans and leases held for sale
$468Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$13,074Total unused commitments
$0Restructured Loans and leases
$1,022Derivatives

Income and Expense (December 31, 1999)

Dollar figures in thousands
$7,901Total interest income
$3,603Total interest expense
$4,298Net interest income
$341Provision for loan and lease losses
$969Total noninterest income
$0Fiduciary activities
$766Service charges on deposit accounts
$0Trading account gains & fees
$203Additional noninterest income
$4,117Total noninterest expense
$1,966Salaries and employee benefits
$161Premises and equipment expense
$1,990Additional noninterest expense
$809Pre-tax net operating income
$0Securities gains (losses)
$350Applicable income taxes
$459Income before extraordinary items
$0Extraordinary gains - net
$459Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$1,172Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1999)

Dollar figures in thousands
Performance Ratios (%, annualized)
7.17%Yield on earning assets
3.27%Cost of funding earning assets
3.90%Net interest margin
0.88%Noninterest income to earning assets
3.74%Noninterest expense to earning assets
0.35%Net operating income to assets
0.35%Return on assets (ROA)
0.62%Pretax return on assets
2.98%Return on equity (ROE)
2.98%Retained earnings to average equity (YTD only)
1.35%Net charge-offs to loans
29.10%Credit loss provision to net charge-offs
0.98%Efficiency ratio
63,338Assets per employee
1.72%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.55%Loss allowance to noncurrent loans
89.76%Noncurrent assets plus other real estate owned to assets
1.88%Noncurrent loans to loans
2.84%Net loans and leases to deposits
77.51%Net loans and leases to core deposits
94.82%Equity capital to assets
14.05%Core capital (leverage) ratio
7.03%Tier 1 risk-based capital ratio
9.84%Total risk-based capital ratio
Memoranda
$11Average assets
$129,618Average earning assets
$15,422Average equity
$110,185Average loans

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