FDIC Certificate #: 3185 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Franklin Bank, S.S.B. (#26870) Federal Reserve ID: 667355 Date Established: January 01, 1891 WWW:http://www.elginbank.com Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 3 (Interstate: No) FDIC's unique #: 2047 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: January 01, 1934 Last Structure Change Effective Date: July 15, 2005 Last Structure Change Process Date: October 19, 2005 Last Data Update: October 19, 2005 Data Source Date: April 05, 2012
Location
Address: 31 North Main Street, Elgin, TX 78621 County: Bastrop 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: $85.1 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2004)
Dollar figures in thousands
46Total employees (full-time equivalent)
$84,471Total assets
$6,731Cash and due from depository institutions
$0Interest-bearing balances
$27,541Securities
$2,962Federal funds sold & reverse repurchase agreements
$42,671Net loans & leases
$625Loan loss allowance
$0Trading account assets
$1,929Bank premises and fixed assets
$0Other real estate owned
$3Goodwill and other intangibles
$0Life insurance assets
$2,634All other assets
$84,471Total liabilities and capital
$74,281Total liabilities
$73,853Total deposits
$58,985Interest-bearing deposits
$73,853Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$428All other liabilities
$10,190Total equity capital
$10,190Total bank equity capital
$10,190Perpetual preferred stock
$0Common stock
$400Surplus
$3,600Undivided profits
Memoranda
$6,190Noncurrent loans and leases
$3,153Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$556Earning assets
$0Long-term assets (5+ years)
$532Average Assets, year-to-date
$73,174Average Assets, quarterly
$18,173Volatile liabilities
$83,589Insider loans
$83,677FHLB advances
$4,908Loans and leases held for sale
$991Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$3,153Total unused commitments
$10Restructured Loans and leases
$624Derivatives
Income and Expense (December 31, 2004)
Dollar figures in thousands
$4,376Total interest income
$726Total interest expense
$3,650Net interest income
$0Provision for loan and lease losses
$560Total noninterest income
$0Fiduciary activities
$351Service charges on deposit accounts
$0Trading account gains & fees
$209Additional noninterest income
$3,400Total noninterest expense
$1,812Salaries and employee benefits
$446Premises and equipment expense
$1,142Additional noninterest expense
$810Pre-tax net operating income
$0Securities gains (losses)
$192Applicable income taxes
$618Income before extraordinary items
$0Extraordinary gains - net
$618Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$20Sale, conversion, retirement of capital stock, net
$600Net operating income
Performance and Condition Ratios (December 31, 2004)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.07%Yield on earning assets
1.01%Cost of funding earning assets
5.06%Net interest margin
0.78%Noninterest income to earning assets
4.72%Noninterest expense to earning assets
0.74%Net operating income to assets
0.74%Return on assets (ROA)
0.97%Pretax return on assets
6.01%Return on equity (ROE)
0.17%Retained earnings to average equity (YTD only)
0.05%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
40.50%Efficiency ratio
80,689Assets per employee
1.84%Cash dividends to net income (YTD only)
Condition Ratios (%)
97.09%Loss allowance to loans
1.44%Loss allowance to noncurrent loans
112.41%Noncurrent assets plus other real estate owned to assets
0.66%Noncurrent loans to loans
1.28%Net loans and leases to deposits
57.78%Net loans and leases to core deposits
61.89%Equity capital to assets
12.06%Core capital (leverage) ratio
12.17%Tier 1 risk-based capital ratio
20.50%Total risk-based capital ratio
Memoranda
$22Average assets
$83,589Average earning assets
$10,290Average equity
$72,094Average loans
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