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

This bank is inactive as of May 01, 1997

Winnsboro Bank and Trust in Winnsboro, Texas (TX)
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Winnsboro Bank and Trust - Overview

General
FDIC Certificate #: 22546
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: The First National Bank of Winnsboro (#5590)
Federal Reserve ID: 440062
Date Established: November 04, 1977
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
OTS Docket #: 13214
FDIC's unique #: 15723
Numeric code: 21
Regulator: FDIC
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: November 04, 1977
Last Structure Change Effective Date: May 01, 1997
Last Structure Change Process Date: May 12, 1997
Last Data Update: May 23, 1997
Data Source Date: April 05, 2012
Location
Address: 210 South Main Street, Winnsboro, TX 75494
County: Wood
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
Financial Summary
Total assets: $36.4 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

Dollar figures in thousands
0Total employees (full-time equivalent)
$17Total assets
$37,382Cash and due from depository institutions
$2,207Interest-bearing balances
$838Securities
$10,923Federal funds sold & reverse repurchase agreements
$4,755Net loans & leases
$18,077Loan loss allowance
$469Trading account assets
$0Bank premises and fixed assets
$332Other real estate owned
$567Goodwill and other intangibles
$521Life insurance assets
$0All other assets
$0Total liabilities and capital
$37,382Total liabilities
$32,749Total deposits
$32,292Interest-bearing deposits
$29,725Deposits held in domestic offices
32292.00%% insured (estimated)
$97Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$115Subordinated debt
$0All other liabilities
$342Total equity capital
$342Total bank equity capital
$4,633Perpetual preferred stock
$0Common stock
$500Surplus
$2,200Undivided profits
Memoranda
$1,933Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$958Income earned, not collected on loans
$244Earning assets
$34,593Long-term assets (5+ years)
$1,852Average Assets, year-to-date
$36,929Average Assets, quarterly
$37,319Volatile liabilities
$6,074Insider loans
$470FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$355Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$4,677Total risk weighted assets
$21,413Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$2,969Total interest expense
$1,440Net interest income
$1,529Provision for loan and lease losses
$153Total noninterest income
$310Fiduciary activities
$0Service charges on deposit accounts
$278Trading account gains & fees
$0Additional noninterest income
$32Total noninterest expense
$1,085Salaries and employee benefits
$485Premises and equipment expense
$138Additional noninterest expense
$462Pre-tax net operating income
$601Securities gains (losses)
$4Applicable income taxes
$170Income before extraordinary items
$435Extraordinary gains - net
$0Net income attributable to bank
$435Net charge-offs
$139Cash dividends
$10Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1996)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.65%Cost of funding earning assets
4.19%Net interest margin
4.45%Noninterest income to earning assets
0.90%Noninterest expense to earning assets
3.16%Net operating income to assets
1.17%Return on assets (ROA)
1.18%Pretax return on assets
1.64%Return on equity (ROE)
9.85%Retained earnings to average equity (YTD only)
9.62%Net charge-offs to loans
0.74%Credit loss provision to net charge-offs
110.07%Efficiency ratio
58,999Assets per employee
2.20%Cash dividends to net income (YTD only)
Condition Ratios (%)
2.30%Loss allowance to loans
2.53%Loss allowance to noncurrent loans
48.96%Noncurrent assets plus other real estate owned to assets
4.08%Noncurrent loans to loans
5.17%Net loans and leases to deposits
55.98%Net loans and leases to core deposits
68.65%Equity capital to assets
12.39%Core capital (leverage) ratio
12.42%Tier 1 risk-based capital ratio
21.84%Total risk-based capital ratio
Memoranda
$23Average assets
$36,929Average earning assets
$4,416Average equity
$34,329Average loans

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