FDIC Certificate #: 26579 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Citibank Texas, National Association (#32623) Federal Reserve ID: 13354 Date Established: Febuary 14, 1986 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 3 (Interstate: No) OTS Docket #: 12746 FDIC's unique #: 35283 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: Febuary 14, 1986 Last Structure Change Effective Date: April 17, 1998 Last Structure Change Process Date: April 28, 1998 Last Data Update: April 28, 1998 Data Source Date: April 05, 2012
Location
Address: 2110 Boca Raton Drive, Austin, TX 78747 County: Travis Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Austin Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): Austin-San Marcos, TX (#640) Combined Statistical Area (CSA): Austin-Round Rock-Marble Falls, TX (#126) Core Based Statistical Area (CBSA): Austin-Round Rock-San Marcos, TX (#12420) CBSA Metro Statistical Area: Austin-Round Rock-San Marcos, TX (#12420)
Financial Summary
Total assets: $65.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
28Total employees (full-time equivalent)
$62,099Total assets
$5,730Cash and due from depository institutions
$0Interest-bearing balances
$14,786Securities
$6,708Federal funds sold & reverse repurchase agreements
$33,078Net loans & leases
$246Loan loss allowance
$0Trading account assets
$1,020Bank premises and fixed assets
$264Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$513All other assets
$62,099Total liabilities and capital
$55,255Total liabilities
$55,021Total deposits
$40,183Interest-bearing deposits
$55,021Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$234All other liabilities
$6,844Total equity capital
$6,844Total bank equity capital
$6,844Perpetual preferred stock
$0Common stock
$1,000Surplus
$1,000Undivided profits
Memoranda
$4,844Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$3Earning assets
$0Long-term assets (5+ years)
$214Average Assets, year-to-date
$54,572Average Assets, quarterly
$10,876Volatile liabilities
$60,783Insider loans
$62,405FHLB advances
$3,808Loans and leases held for sale
$659Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$5,646Total unused commitments
$0Restructured Loans and leases
$35,344Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$4,661Total interest income
$1,339Total interest expense
$3,322Net interest income
$0Provision for loan and lease losses
$725Total noninterest income
$0Fiduciary activities
$569Service charges on deposit accounts
$0Trading account gains & fees
$156Additional noninterest income
$2,308Total noninterest expense
$1,148Salaries and employee benefits
$325Premises and equipment expense
$835Additional noninterest expense
$1,739Pre-tax net operating income
$5Securities gains (losses)
$617Applicable income taxes
$1,127Income before extraordinary items
$0Extraordinary gains - net
$1,127Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$15Sale, conversion, retirement of capital stock, net
$200Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.65%Yield on earning assets
2.48%Cost of funding earning assets
6.16%Net interest margin
1.35%Noninterest income to earning assets
4.28%Noninterest expense to earning assets
1.85%Net operating income to assets
1.85%Return on assets (ROA)
2.87%Pretax return on assets
17.86%Return on equity (ROE)
14.69%Retained earnings to average equity (YTD only)
-0.05%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
57,030Assets per employee
2.22%Cash dividends to net income (YTD only)
Condition Ratios (%)
17.75%Loss allowance to loans
0.74%Loss allowance to noncurrent loans
8200.00%Noncurrent assets plus other real estate owned to assets
my parents financed a mortgage with this bank. now, 30 plus years later, I;m trying to sell it and realize the bank never filed a release of lien with the county, any suggestions?
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