Northeast National Bank
Mesquite, TX — Domestic Branch of a Domestic Bank
Acquired Dec 2006
Vitals
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Total Assets41.8M -2.2 %
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Total Deposits37.7M 9.7 %
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Total Net Loans23.5M -7.6 %
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Net Income415000.0000 207.4 %
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Book Value3.9M 13.9 %
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Book Value x27.7M 13.9 %
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Book Value x311.6M 13.9 %
Balance Sheet Highlights
Financial Highlights | Northeast National Bank | All Insured Commercial Banks in Texas |
Balance Sheet $(000) | ||
Total Assets | 41,848 | 149,651 |
Total Net Loans | 23,488 | 85,707 |
Total Deposits | 37,741 | 127,203 |
Total Equity | 3,855 | 14,964 |
Profitability | ||
Net Income | 415 | 3,146 |
Return on Average Assets | 1.278 | 1.489 |
Return on Average Equity | 15.338 | 15.278 |
Net Interest Margin | 5.24 | 4.6 |
Efficiency Ratio | 77.176 | 64.993 |
Noninterest Income/Revenue | 15.763 | 13.938 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 62.235 | 63.474 |
Securities/Assets | .258 | .664 |
Total Equity/Total Assets | .092 | .1 |
Tangible Equity/Tangible Assets | .092 | -.165 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 4,092 | 14,394 |
Tier 2 Capital | 329 | 1,001 |
Total Capital | 4,421 | 15,388 |
Total Risk Weighted Assets | 28,769 | 96,598 |
Leverage Ratio | 9.51 | 10.325 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 14.22 | 17.244 |
Total Capital Ratio | 15.37 | 18.276 |
Timeline for Northeast National Bank
Northeast Bancshares-Delaware, Inc.
Northeast Bancshares-Delaware, Inc. became a new parent organization for Northeast National Bank.
View Profile Jan 10 1995Northeast National Bank
Northeast National Bank was established 37 years ago and is currently headquartered in Mesquite, TX.
Dec 08 1986Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Patriot Bank | Buyer | 1,434,940 | Acquisition | Discontinued | 12/19/2006 |
Relationships | Role | Relationship Start | Relationship End |
Northeast Bancshares-Delaware, Inc. | Parent | 1/10/1995 | 12/18/2006 |
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