Benchmark Bank in city_name, state_name - Detailed Financial Reports, Location

Benchmark Bank in Plano, Texas (TX)
Show street view No street view available for this location

Benchmark Bank routing number info

Other nearby banks
Beal Bank, SSB
LegacyTexas Bank
Texas Republic Bank, National Association
Fidelity Bank
COMMUNITY TRUST BANK OF TEXAS
Collin Bank

Benchmark Bank - Overview

General
FDIC Certificate #: 19215
Status: Active
Federal Reserve ID: 980960
Bank Holding Company (Regulatory Top Holder): Quinlan Bancshares, Inc. (RSSDID: 1133428, Location: Plano, TX)
Date Established: August 29, 1964
WWW: http://www.benchmarkbank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
OTS Docket #: 9671
FDIC's unique #: 13033
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: August 29, 1964
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
Location
Address: 5700 Legacy Drive Suite 10, Plano, TX 75024
County: Collin
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
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)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $358.5 mil
Equity capital: $41.6 mil
Deposits held in domestic offices: $295.7 mil
Return on assets (ROA): 2.22% ($8.0 mil)
Quarterly return on assets: 4.10% ($14.7 mil)
Return on Equity (ROE): 19.08% ($8.0 mil)
Quarterly return on equity: 33.51% ($14.1 mil)
Net income: $7.6 mil
Quarterly Net income: $3.5 mil
Pretax return on assets: 2.22% ($7,959.0 mil)
Quarterly Pretax return on assets: 4.10% ($14,699.1 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
213Total employees (full-time equivalent)
$358,515Total assets
$11,706Cash and due from depository institutions
$6,740Interest-bearing balances
$1,646Securities
$0Federal funds sold & reverse repurchase agreements
$315,079Net loans & leases
$2,342Loan loss allowance
$0Trading account assets
$9,999Bank premises and fixed assets
$2,920Other real estate owned
$1,506Goodwill and other intangibles
$358,515Life insurance assets
$15,659All other assets
$316,902Total liabilities and capital
$295,745Total liabilities
$225,114Total deposits
$295,745Interest-bearing deposits
$81Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$16,800Trading liabilities
$0Other borrowed funds
$4,357Subordinated debt
$41,613All other liabilities
$41,613Total equity capital
$41,613Total bank equity capital
$0Perpetual preferred stock
$300Common stock
$12,200Surplus
$29,113Undivided profits
Memoranda
$0Noncurrent loans and leases
$147,497Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$2,356Income earned, not collected on loans
$0Earning assets
$898Long-term assets (5+ years)
$323,465Average Assets, year-to-date
$48,962Average Assets, quarterly
$342,778Volatile liabilities
$339,562Insider loans
$252,077FHLB advances
$351,181Loans and leases held for sale
$680Unused loan commitments
$680Tier 1 (core) risk-based capital
$39,261Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$23,205Restructured Loans and leases
$2,360Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$16,905Total interest income
$2,707Total interest expense
$14,198Net interest income
$877Provision for loan and lease losses
$22,901Total noninterest income
$0Fiduciary activities
$17Service charges on deposit accounts
$0Trading account gains & fees
$22,884Additional noninterest income
$28,616Total noninterest expense
$17,861Salaries and employee benefits
$2,300Premises and equipment expense
$8,455Additional noninterest expense
$7,606Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$7,606Income before extraordinary items
$0Extraordinary gains - net
$7,606Net income attributable to bank
$0Net charge-offs
$7,606Cash dividends
$870Sale, conversion, retirement of capital stock, net
$6,052Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.35%Yield on earning assets
0.86%Cost of funding earning assets
4.49%Net interest margin
7.24%Noninterest income to earning assets
9.05%Noninterest expense to earning assets
2.22%Net operating income to assets
2.22%Return on assets (ROA)
2.22%Pretax return on assets
19.08%Return on equity (ROE)
3.90%Retained earnings to average equity (YTD only)
0.30%Net charge-offs to loans
100.80%Credit loss provision to net charge-offs
9.75%Efficiency ratio
77,134Assets per employee
1.68%Cash dividends to net income (YTD only)
Condition Ratios (%)
79.57%Loss allowance to loans
0.74%Loss allowance to noncurrent loans
99.41%Noncurrent assets plus other real estate owned to assets
1.47%Noncurrent loans to loans
0.74%Net loans and leases to deposits
106.54%Net loans and leases to core deposits
123.94%Equity capital to assets
11.61%Core capital (leverage) ratio
11.18%Tier 1 risk-based capital ratio
15.58%Total risk-based capital ratio
Memoranda
$17Average assets
$342,778Average earning assets
$39,860Average equity
$316,122Average loans

List of branches

2 Texas Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	13033	Benchmark Bank	5700 Legacy Drive Suite 10, Plano, TX 75024	August 29, 1964	Full Service Brick and Mortar
13	433562	Hillcrest Branch	7019 Hillcrest, Dallas, TX 75205	December 22, 2004	Full Service Brick and Mortar

Benchmark Bank in Plano, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

Benchmark Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Benchmark Bank in Plano, Texas (TX)Overview, Financial Summary, Detailed Financial Reports, Branches

Benchmark Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Benchmark Bank in Plano, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches