FDIC Certificate #: 27251 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Community Bank (#20202) Federal Reserve ID: 1191389 Date Established: May 26, 1988 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) FDIC's unique #: 39336 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: Yes Date of Deposit Insurance: May 26, 1988 Last Structure Change Effective Date: March 11, 1998 Last Structure Change Process Date: May 05, 1998 Last Data Update: May 05, 1998 Data Source Date: April 05, 2012
Location
Address: 201 East Kaufman Street, Rockwall, TX 75087 County: Rockwall 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)
Financial Summary
Total assets: $57.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
31Total employees (full-time equivalent)
$57,947Total assets
$2,561Cash and due from depository institutions
$0Interest-bearing balances
$19,430Securities
$8,619Federal funds sold & reverse repurchase agreements
$24,627Net loans & leases
$329Loan loss allowance
$0Trading account assets
$1,896Bank premises and fixed assets
$45Other real estate owned
$10Goodwill and other intangibles
$0Life insurance assets
$759All other assets
$57,947Total liabilities and capital
$52,324Total liabilities
$52,126Total deposits
$43,132Interest-bearing deposits
$52,126Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$198All other liabilities
$5,623Total equity capital
$5,623Total bank equity capital
$5,623Perpetual preferred stock
$0Common stock
$1,000Surplus
$3,000Undivided profits
Memoranda
$1,623Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$206Earning assets
$0Long-term assets (5+ years)
$191Average Assets, year-to-date
$52,676Average Assets, quarterly
$4,142Volatile liabilities
$55,639Insider loans
$56,596FHLB advances
$4,303Loans and leases held for sale
$24Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$4,372Total unused commitments
$0Restructured Loans and leases
$31,090Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$4,138Total interest income
$1,652Total interest expense
$2,486Net interest income
$238Provision for loan and lease losses
$454Total noninterest income
$0Fiduciary activities
$324Service charges on deposit accounts
$0Trading account gains & fees
$130Additional noninterest income
$1,724Total noninterest expense
$853Salaries and employee benefits
$204Premises and equipment expense
$667Additional noninterest expense
$978Pre-tax net operating income
$0Securities gains (losses)
$328Applicable income taxes
$650Income before extraordinary items
$0Extraordinary gains - net
$650Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$424Sale, conversion, retirement of capital stock, net
$375Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.12%Yield on earning assets
3.24%Cost of funding earning assets
4.88%Net interest margin
0.89%Noninterest income to earning assets
3.38%Noninterest expense to earning assets
1.17%Net operating income to assets
1.17%Return on assets (ROA)
1.76%Pretax return on assets
11.22%Return on equity (ROE)
4.75%Retained earnings to average equity (YTD only)
1.72%Net charge-offs to loans
56.13%Credit loss provision to net charge-offs
2.87%Efficiency ratio
58,571Assets per employee
1.87%Cash dividends to net income (YTD only)
Condition Ratios (%)
57.69%Loss allowance to loans
1.32%Loss allowance to noncurrent loans
159.71%Noncurrent assets plus other real estate owned to assets
0.43%Noncurrent loans to loans
0.83%Net loans and leases to deposits
47.25%Net loans and leases to core deposits
51.50%Equity capital to assets
9.70%Core capital (leverage) ratio
9.82%Tier 1 risk-based capital ratio
18.00%Total risk-based capital ratio
Memoranda
$19Average assets
$55,639Average earning assets
$5,794Average equity
$50,970Average loans
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