Abrams Centre National Bank in Dallas, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 06, 2003

  • Abrams Centre National Bank in Dallas, Texas (TX)
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Abrams Centre National Bank - Overview

  • General
  • FDIC Certificate #: 25002
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Prosperity Bank (#16835)
    Federal Reserve ID: 707055
    Date Established: March 05, 1984
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Interstate: No)
    FDIC's unique #: 17321
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: March 05, 1984
    Last Structure Change Effective Date: May 06, 2003
    Last Structure Change Process Date: August 04, 2003
    Last Data Update: August 04, 2003
    Data Source Date: April 05, 2012
  • Location
  • Address: 9330 Lbj Freeway, Dallas, TX 75243
    County: Dallas
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Dallas
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Dallas, TX (#1920)
    Consolidated Metropolitan Statistical Area (CMSA): Dallas-Fort Worth, TX (#31)
    Combined Statistical Area (CSA): Dallas-Fort Worth, TX (#206)
    Core Based Statistical Area (CBSA): Dallas-Fort Worth-Arlington, TX (#19100)
    CBSA Metro Statistical Area: Dallas-Fort Worth-Arlington, TX (#19100)
    Core Based Statistical Division: Dallas-Plano-Irving, TX (#19124)
  • Financial Summary
  • Total assets: $96.5 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, 2002)

  • Dollar figures in thousands
  • 28Total employees (full-time equivalent)
  • $93,622Total assets
  • $7,102Cash and due from depository institutions
  • $0Interest-bearing balances
  • $31,514Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $49,461Net loans & leases
  • $1,102Loan loss allowance
  • $0Trading account assets
  • $482Bank premises and fixed assets
  • $0Other real estate owned
  • $4,155Goodwill and other intangibles
  • $0Life insurance assets
  • $908All other assets
  • $93,622Total liabilities and capital
  • $79,720Total liabilities
  • $68,997Total deposits
  • $45,594Interest-bearing deposits
  • $68,997Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $10,271Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $452All other liabilities
  • $13,902Total equity capital
  • $13,902Total bank equity capital
  • $13,902Perpetual preferred stock
  • $0Common stock
  • $1,750Surplus
  • $7,932Undivided profits
  • Memoranda
  • $4,220Noncurrent loans and leases
  • $2,637Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $651Earning assets
  • $191Long-term assets (5+ years)
  • $541Average Assets, year-to-date
  • $80,975Average Assets, quarterly
  • $9,538Volatile liabilities
  • $95,628Insider loans
  • $94,505FHLB advances
  • $17,804Loans and leases held for sale
  • $383Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $2,637Total unused commitments
  • $0Restructured Loans and leases
  • $620Derivatives

Income and Expense (December 31, 2002)

  • Dollar figures in thousands
  • $5,578Total interest income
  • $1,085Total interest expense
  • $4,493Net interest income
  • $360Provision for loan and lease losses
  • $1,058Total noninterest income
  • $0Fiduciary activities
  • $450Service charges on deposit accounts
  • $0Trading account gains & fees
  • $608Additional noninterest income
  • $3,104Total noninterest expense
  • $1,383Salaries and employee benefits
  • $526Premises and equipment expense
  • $1,195Additional noninterest expense
  • $2,087Pre-tax net operating income
  • $0Securities gains (losses)
  • $748Applicable income taxes
  • $1,339Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,339Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $181Sale, conversion, retirement of capital stock, net
  • $800Net operating income

Performance and Condition Ratios (December 31, 2002)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.95%Yield on earning assets
  • 1.35%Cost of funding earning assets
  • 5.60%Net interest margin
  • 1.32%Noninterest income to earning assets
  • 3.87%Noninterest expense to earning assets
  • 1.40%Net operating income to assets
  • 1.40%Return on assets (ROA)
  • 2.18%Pretax return on assets
  • 9.83%Return on equity (ROE)
  • 3.96%Retained earnings to average equity (YTD only)
  • 0.34%Net charge-offs to loans
  • 198.90%Credit loss provision to net charge-offs
  • 13.52%Efficiency ratio
  • 55,918Assets per employee
  • 3.34%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 59.75%Loss allowance to loans
  • 2.18%Loss allowance to noncurrent loans
  • 169.28%Noncurrent assets plus other real estate owned to assets
  • 0.70%Noncurrent loans to loans
  • 1.29%Net loans and leases to deposits
  • 71.69%Net loans and leases to core deposits
  • 80.47%Equity capital to assets
  • 14.85%Core capital (leverage) ratio
  • 10.51%Tier 1 risk-based capital ratio
  • 18.66%Total risk-based capital ratio
  • Memoranda
  • $20Average assets
  • $95,628Average earning assets
  • $13,616Average equity
  • $80,254Average loans

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