FDIC Certificate #: 14594 Status: Inactive Closing history: Office Sold Acquiring institution:Omni National Bank (#22238) Federal Reserve ID: 438265 Date Established: January 01, 1919 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) OTS Docket #: 11291 FDIC's unique #: 9123 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: July 24, 1934 Last Structure Change Effective Date: July 02, 2007 Last Structure Change Process Date: September 19, 2007 Last Data Update: September 19, 2007 Data Source Date: April 05, 2012
Location
Address: 2000 Green Avenue, Wilson, TX 79381 County: Lynn 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
History of Changes
Merger - Without Assistance
Change in Geographic Region/Area/Territory/Field Office
Office Sold
Financial Summary
Total assets: $46.7 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
2000 - 2011 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, 2006)
Dollar figures in thousands
17Total employees (full-time equivalent)
$47,566Total assets
$1,965Cash and due from depository institutions
$328Interest-bearing balances
$28,227Securities
$2,200Federal funds sold & reverse repurchase agreements
$13,029Net loans & leases
$298Loan loss allowance
$0Trading account assets
$343Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$1,178Life insurance assets
$1,802All other assets
$47,566Total liabilities and capital
$42,580Total liabilities
$42,401Total deposits
$34,099Interest-bearing deposits
$42,401Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$179All other liabilities
$4,986Total equity capital
$4,986Total bank equity capital
$4,986Perpetual preferred stock
$0Common stock
$500Surplus
$1,500Undivided profits
Memoranda
$2,986Noncurrent loans and leases
$606Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$216Earning assets
$0Long-term assets (5+ years)
$448Average Assets, year-to-date
$43,784Average Assets, quarterly
$12,830Volatile liabilities
$47,959Insider loans
$47,038FHLB advances
$8,801Loans and leases held for sale
$35Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$606Total unused commitments
$0Restructured Loans and leases
$252Derivatives
Income and Expense (December 31, 2006)
Dollar figures in thousands
$2,551Total interest income
$1,007Total interest expense
$1,544Net interest income
$0Provision for loan and lease losses
$470Total noninterest income
$0Fiduciary activities
$314Service charges on deposit accounts
$0Trading account gains & fees
$156Additional noninterest income
$1,527Total noninterest expense
$935Salaries and employee benefits
$193Premises and equipment expense
$399Additional noninterest expense
$487Pre-tax net operating income
-$42Securities gains (losses)
$0Applicable income taxes
$445Income before extraordinary items
$0Extraordinary gains - net
$445Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$28Sale, conversion, retirement of capital stock, net
$1,090Net operating income
Performance and Condition Ratios (December 31, 2006)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.79%Yield on earning assets
2.29%Cost of funding earning assets
3.51%Net interest margin
1.07%Noninterest income to earning assets
3.47%Noninterest expense to earning assets
1.02%Net operating income to assets
0.93%Return on assets (ROA)
0.93%Pretax return on assets
9.30%Return on equity (ROE)
-13.48%Retained earnings to average equity (YTD only)
0.22%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
17.39%Efficiency ratio
75,819Assets per employee
2.80%Cash dividends to net income (YTD only)
Condition Ratios (%)
244.94%Loss allowance to loans
2.24%Loss allowance to noncurrent loans
137.96%Noncurrent assets plus other real estate owned to assets
0.45%Noncurrent loans to loans
1.62%Net loans and leases to deposits
30.73%Net loans and leases to core deposits
38.78%Equity capital to assets
10.48%Core capital (leverage) ratio
11.83%Tier 1 risk-based capital ratio
27.65%Total risk-based capital ratio
Memoranda
$29Average assets
$47,959Average earning assets
$4,785Average equity
$44,035Average loans
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