Pilgrim Bank Texas
Clarendon, TX — Domestic Branch of a Domestic Bank
Acquired Nov 2009
Vitals
-
Total Assets17.6M 8.8 %
-
Total Deposits14.5M 8.6 %
-
Total Net Loans7.9M -6.3 %
-
Net Income111000.0000 -30.2 %
-
Book Value3.0M 9.4 %
-
Book Value x26.0M 9.4 %
-
Book Value x38.9M 9.4 %
Balance Sheet Highlights
| Financial Highlights | Pilgrim Bank Texas | All Insured Commercial Banks in Texas |
| Balance Sheet $(000) | ||
| Total Assets | 17,592 | 199,195 |
| Total Net Loans | 7,860 | 119,878 |
| Total Deposits | 14,514 | 167,718 |
| Total Equity | 2,983 | 20,965 |
| Profitability | ||
| Net Income | 111 | 3,566 |
| Return on Average Assets | .86 | 1.219 |
| Return on Average Equity | 5.066 | 11.88 |
| Net Interest Margin | 4.064 | 4.158 |
| Efficiency Ratio | 66.84 | 71.928 |
| Noninterest Income/Revenue | 12.739 | 14.805 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 54.155 | 67.105 |
| Securities/Assets | .145 | .699 |
| Total Equity/Total Assets | .17 | .105 |
| Tangible Equity/Tangible Assets | .127 | -.055 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 2,182 | 18,981 |
| Tier 2 Capital | 53 | 1,470 |
| Total Capital | 2,235 | 20,430 |
| Total Risk Weighted Assets | 9,205 | 132,435 |
| Leverage Ratio | 13.48 | 10.124 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | 23.7 | 16.726 |
| Total Capital Ratio | 24.28 | 17.786 |
Timeline for Pilgrim Bank Texas
Pilgrim Bancorporation
Pilgrim Bancorporation became a new parent organization for Pilgrim Bank Texas.
View Profile Nov 15 2007
City Delaware Bancorp, Inc.
City Delaware Bancorp, Inc. became a new parent organization for Pilgrim Bank Texas.
View Profile Aug 29 2003
Security State Bank
Acquisition: Pilgrim Bank Texas acquired a new subsidiary, Security State Bank, 34 years
View Profile Jan 01 1990
Security Bankshares, Inc.
Security Bankshares, Inc. became a new parent organization for Pilgrim Bank Texas.
View Profile Jan 31 1975
| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| Pilgrim Bank | Buyer | 559,618 | Pooling of Interests | Discontinued | 11/16/2009 |
| Security State Bank | Seller | 4,738 | Discontinued | 1/1/1990 |
| Relationships | Role | Relationship Start | Relationship End |
| Pilgrim Bancorporation | Parent | 11/15/2007 | 11/15/2009 |
| City Delaware Bancorp, Inc. | Parent | 8/29/2003 | 11/14/2007 |
| Security Bankshares, Inc. | Parent | 8/11/1989 | 8/28/2003 |
| Security Bankshares, Inc. | Parent | 12/31/1984 | 8/10/1989 |
| Security Bankshares, Inc. | Parent | 12/31/1983 | 12/30/1984 |
| Security Bankshares, Inc. | Parent | 12/31/1978 | 12/30/1983 |
| Security Bankshares, Inc. | Parent | 1/31/1975 | 12/30/1978 |
Similar Organizations
| Organization | City | State | Total Assets |
|---|---|---|---|
|
Bank Of Benoit
|
Benoit | MS | 17.1M |
|
First State Bank Of Kiester
|
Kiester | MN | 17.6M |
|
Bank Of New Castle
|
New Castle | DE | 17.4M |
|
Laura State Bank
|
Williamsfield | IL | 18.0M |
|
The Farmers & Merchants State Bank Of Cawker City
|
Cawker City | KS | 18.0M |
|
State Bank Of Colon
|
Colon | NE | 17.1M |
|
Bank Of Chestnut
|
Chestnut | IL | 17.4M |
|
Peoples State Bank
|
Blair | OK | 16.3M |
|
Young Americans Bank
|
Denver | CO | 18.3M |
|
First State Bank Of Okabena (Incorporated)
|
Okabena | MN | 18.5M |