Founders National Bank-Skillman
Dallas, TX — Domestic Branch of a Domestic Bank
Acquired Apr 2003
Vitals
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Total Assets114.8M
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Total Deposits103.7M
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Total Net Loans81.1M
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Net Income294000.0000
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Book Value10.6M
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Book Value x221.3M
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Book Value x331.9M
Balance Sheet Highlights
Financial Highlights | Founders National Bank-Skillman | All Insured Commercial Banks in Texas |
Balance Sheet $(000) | ||
Total Assets | 114,770 | 116,830 |
Total Net Loans | 81,125 | 62,860 |
Total Deposits | 103,713 | 100,209 |
Total Equity | 10,636 | 11,751 |
Profitability | ||
Net Income | 294 | 833 |
Return on Average Assets | 1.014 | 1.317 |
Return on Average Equity | 11.179 | 13.263 |
Net Interest Margin | 4.334 | 4.348 |
Efficiency Ratio | 62.921 | 68.632 |
Noninterest Income/Revenue | 7.125 | 17.188 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 78.221 | 60.02 |
Securities/Assets | .135 | .683 |
Total Equity/Total Assets | .093 | .101 |
Tangible Equity/Tangible Assets | .093 | -.07 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 10,031 | 10,744 |
Tier 2 Capital | 889 | 740 |
Total Capital | 10,920 | 11,497 |
Total Risk Weighted Assets | 83,307 | 70,662 |
Leverage Ratio | 8.65 | 9.659 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 12.04 | 16.919 |
Total Capital Ratio | 13.11 | 18.009 |
Timeline for Founders National Bank-Skillman
Southtrust Bank
Founders National Bank-Skillman was acquired by Southtrust Bank 21 years
View Profile Apr 04 2003Skillman Bancshares, Inc.
Skillman Bancshares, Inc. became a new parent organization for Founders National Bank-Skillman.
View Profile May 31 1999Founders National Bank-Skillman
Founders National Bank-Skillman was established 39 years ago and is currently headquartered in Dallas, TX.
Dec 24 1984Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Southtrust Bank | Buyer | 59,720,179 | Acquisition | Discontinued | 4/4/2003 |
Relationships | Role | Relationship Start | Relationship End |
Skillman Bancshares, Inc. | Parent | 5/31/1999 | 4/3/2003 |
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