Bank of America Texas, National Association in Irving, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 08, 1999

  • Bank of America Texas, National Association in Irving, Texas (TX)
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Bank of America Texas, National Association - Overview

  • General
  • FDIC Certificate #: 33404
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Bank of America, National Association (#15802)
    Federal Reserve ID: 1858507
    Date Established: May 09, 1991
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 169 (Interstate: No)
    FDIC's unique #: 47043
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: May 09, 1991
    Last Structure Change Effective Date: April 08, 1999
    Last Structure Change Process Date: April 21, 1999
    Last Data Update: April 21, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 1925 West John Carpenter Freeway, Irving, TX 75063
    County: Dallas
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Atlanta
    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: $5,270.8 mil

1992 - 1999 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, 1998)

  • Dollar figures in thousands
  • 1,486Total employees (full-time equivalent)
  • $5,366,603Total assets
  • $408,708Cash and due from depository institutions
  • $594Interest-bearing balances
  • $1,016,786Securities
  • $1,012,532Federal funds sold & reverse repurchase agreements
  • $2,560,953Net loans & leases
  • $42,005Loan loss allowance
  • $0Trading account assets
  • $66,440Bank premises and fixed assets
  • $0Other real estate owned
  • $203,583Goodwill and other intangibles
  • $0Life insurance assets
  • $97,601All other assets
  • $5,366,603Total liabilities and capital
  • $4,665,213Total liabilities
  • $4,484,435Total deposits
  • $3,683,323Interest-bearing deposits
  • $4,484,435Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $87,476Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $53,482Other borrowed funds
  • $0Subordinated debt
  • $39,820All other liabilities
  • $701,390Total equity capital
  • $701,390Total bank equity capital
  • $701,390Perpetual preferred stock
  • $0Common stock
  • $91,333Surplus
  • $597,874Undivided profits
  • Memoranda
  • $12,183Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $11,071Earning assets
  • $0Long-term assets (5+ years)
  • $25,110Average Assets, year-to-date
  • $4,590,865Average Assets, quarterly
  • $1,112,510Volatile liabilities
  • $5,253,847Insider loans
  • $5,240,508FHLB advances
  • $408,547Loans and leases held for sale
  • $48Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $12Total risk weighted assets
  • $905,913Total unused commitments
  • $0Restructured Loans and leases
  • $2,915,300Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $327,792Total interest income
  • $139,914Total interest expense
  • $187,878Net interest income
  • $9,735Provision for loan and lease losses
  • $92,574Total noninterest income
  • $208Fiduciary activities
  • $71,695Service charges on deposit accounts
  • $0Trading account gains & fees
  • $20,671Additional noninterest income
  • $247,700Total noninterest expense
  • $79,446Salaries and employee benefits
  • $30,172Premises and equipment expense
  • $138,082Additional noninterest expense
  • $23,017Pre-tax net operating income
  • $0Securities gains (losses)
  • $10,027Applicable income taxes
  • $12,990Income before extraordinary items
  • $0Extraordinary gains - net
  • $12,990Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $15,609Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.34%Yield on earning assets
  • 3.13%Cost of funding earning assets
  • 4.21%Net interest margin
  • 2.07%Noninterest income to earning assets
  • 5.55%Noninterest expense to earning assets
  • 0.25%Net operating income to assets
  • 0.25%Return on assets (ROA)
  • 0.44%Pretax return on assets
  • 1.88%Return on equity (ROE)
  • 1.88%Retained earnings to average equity (YTD only)
  • 0.52%Net charge-offs to loans
  • 62.37%Credit loss provision to net charge-offs
  • 2.10%Efficiency ratio
  • 82,295Assets per employee
  • 3.61%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.61%Loss allowance to noncurrent loans
  • 379.41%Noncurrent assets plus other real estate owned to assets
  • 0.21%Noncurrent loans to loans
  • 0.43%Net loans and leases to deposits
  • 57.11%Net loans and leases to core deposits
  • 60.73%Equity capital to assets
  • 13.07%Core capital (leverage) ratio
  • 9.87%Tier 1 risk-based capital ratio
  • 16.98%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $5,253,847Average earning assets
  • $691,709Average equity
  • $4,463,826Average loans

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