AIMBank in Littlefield, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches


AIMBank - Overview

  • General
  • FDIC Certificate #: 3304
    Status: Active
    Federal Reserve ID: 1006951
    Bank Holding Company (Regulatory Top Holder): Aim Bancshares, Inc. (RSSDID: 3183959, Location: Levelland, TX)
    Date Established: September 19, 1925
    WWW: http://www.aimbankonline.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 7 (Domestic: 7, Interstate: No)
    FDIC's unique #: 2140
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: January 27, 2012
    Last Structure Change Process Date: January 31, 2012
    Last Data Update: January 31, 2012
    Data Source Date: April 05, 2012
  • Location
  • Address: 337 Phelps Avenue, Littlefield, TX 79339
    County: Lamb
    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
  • Office Purchased
  • Financial Summary
  • Total assets: $299.1 mil
    Equity capital: $29.9 mil
    Deposits held in domestic offices: $267.1 mil
    Return on assets (ROA): 1.60% ($4.8 mil)
    Quarterly return on assets: 1.29% ($3.9 mil)
    Return on Equity (ROE): 17.67% ($5.3 mil)
    Quarterly return on equity: 12.59% ($3.8 mil)
    Net income: $4.3 mil
    Quarterly Net income: $0.9 mil
    Pretax return on assets: 1.60% ($4,784.9 mil)
    Quarterly Pretax return on assets: 1.29% ($3,857.8 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, 2011)

  • Dollar figures in thousands
  • 70Total employees (full-time equivalent)
  • $299,056Total assets
  • $23,740Cash and due from depository institutions
  • $16,710Interest-bearing balances
  • $64,919Securities
  • $200Federal funds sold & reverse repurchase agreements
  • $199,230Net loans & leases
  • $3,799Loan loss allowance
  • $0Trading account assets
  • $7,550Bank premises and fixed assets
  • $0Other real estate owned
  • $283Goodwill and other intangibles
  • $299,056Life insurance assets
  • $3,134All other assets
  • $269,173Total liabilities and capital
  • $267,091Total liabilities
  • $180,618Total deposits
  • $267,091Interest-bearing deposits
  • $90Deposits held in domestic offices
  • 1238.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $844Subordinated debt
  • $29,883All other liabilities
  • $29,883Total equity capital
  • $29,883Total bank equity capital
  • $0Perpetual preferred stock
  • $979Common stock
  • $19,717Surplus
  • $9,187Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,406Income earned, not collected on loans
  • $0Earning assets
  • $1,729Long-term assets (5+ years)
  • $281,059Average Assets, year-to-date
  • $88,129Average Assets, quarterly
  • $266,798Volatile liabilities
  • $293,349Insider loans
  • $215,624FHLB advances
  • $294,888Loans and leases held for sale
  • $621Unused loan commitments
  • $621Tier 1 (core) risk-based capital
  • $29,139Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $30,443Restructured Loans and leases
  • $600Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $13,563Total interest income
  • $2,628Total interest expense
  • $10,935Net interest income
  • $1,650Provision for loan and lease losses
  • $2,755Total noninterest income
  • $0Fiduciary activities
  • $1,507Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,248Additional noninterest income
  • $7,822Total noninterest expense
  • $4,288Salaries and employee benefits
  • $888Premises and equipment expense
  • $2,646Additional noninterest expense
  • $4,218Pre-tax net operating income
  • $45Securities gains (losses)
  • $0Applicable income taxes
  • $4,263Income before extraordinary items
  • $0Extraordinary gains - net
  • $4,263Net income attributable to bank
  • $0Net charge-offs
  • $4,263Cash dividends
  • $274Sale, conversion, retirement of capital stock, net
  • $2,022Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.41%Yield on earning assets
  • 1.05%Cost of funding earning assets
  • 4.36%Net interest margin
  • 1.10%Noninterest income to earning assets
  • 3.12%Noninterest expense to earning assets
  • 1.58%Net operating income to assets
  • 1.60%Return on assets (ROA)
  • 1.60%Pretax return on assets
  • 17.67%Return on equity (ROE)
  • 9.29%Retained earnings to average equity (YTD only)
  • 0.15%Net charge-offs to loans
  • 602.19%Credit loss provision to net charge-offs
  • 21.42%Efficiency ratio
  • 57,137Assets per employee
  • 4.27%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 47.43%Loss allowance to loans
  • 1.87%Loss allowance to noncurrent loans
  • 270.20%Noncurrent assets plus other real estate owned to assets
  • 0.47%Noncurrent loans to loans
  • 0.69%Net loans and leases to deposits
  • 74.59%Net loans and leases to core deposits
  • 86.09%Equity capital to assets
  • 9.99%Core capital (leverage) ratio
  • 9.88%Tier 1 risk-based capital ratio
  • 13.51%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $266,798Average earning assets
  • $24,127Average equity
  • $250,518Average loans

List of branches

  • 7 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    02140Aimbank337 Phelps Avenue, Littlefield, TX 79339September 19, 1925Full Service Brick and Mortar
    1196348South Branch102 East Wjb, Littlefield, TX 79339July 02, 1998Full Service Brick and Mortar
    2423208College Avenue Branch110 College Avenue, Levelland, TX 79336September 15, 2003Full Service Brick and Mortar
    3453805Aimbank Branch5801 - 64th Street, Lubbock, TX 79424May 01, 2006Full Service Brick and Mortar
    4478934Aimbank Branch702 Donald Preston Drive, Wolfforth, TX 79382January 04, 2008Full Service Brick and Mortar
    5513406Aimbank 19th & Milwaukee Branch6506 19th Street, Lubbock, TX 79407October 13, 2010Full Service Brick and Mortar
    6518301Odessa Branch4011 John Ben Shepperd Parkway, Odessa, TX 79762March 28, 2011Full Service Brick and Mortar

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