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

First Bank in Mckinney, Texas (TX)
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First Bank - Overview

General
FDIC Certificate #: 33543
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: LegacyTexas Bank (#18843)
Federal Reserve ID: 1415991
Date Established: January 08, 1992
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
OTS Docket #: 12069
FDIC's unique #: 47423
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 08, 1992
Last Structure Change Effective Date: November 22, 1997
Last Structure Change Process Date: January 07, 1998
Last Data Update: January 07, 1998
Data Source Date: April 05, 2012
Location
Address: 1651 West University Drive, Mckinney, TX 75069
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)
Financial Summary
Total assets: $148.4 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

Dollar figures in thousands
0Total employees (full-time equivalent)
$51Total assets
$123,349Cash and due from depository institutions
$5,999Interest-bearing balances
$5Securities
$31,347Federal funds sold & reverse repurchase agreements
$7,245Net loans & leases
$73,830Loan loss allowance
$736Trading account assets
$0Bank premises and fixed assets
$3,364Other real estate owned
$0Goodwill and other intangibles
$929Life insurance assets
$635All other assets
$0Total liabilities and capital
$123,349Total liabilities
$112,348Total deposits
$111,561Interest-bearing deposits
$79,617Deposits held in domestic offices
111561.00%% insured (estimated)
$88Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$787Total equity capital
$787Total bank equity capital
$11,001Perpetual preferred stock
$0Common stock
$850Surplus
$5,428Undivided profits
Memoranda
$4,723Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$175Income earned, not collected on loans
$475Earning assets
$112,427Long-term assets (5+ years)
$8,130Average Assets, year-to-date
$116,683Average Assets, quarterly
$121,934Volatile liabilities
$9,934Insider loans
$844FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$19,298Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$10,291Total risk weighted assets
$77,840Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$9,572Total interest expense
$3,313Net interest income
$6,259Provision for loan and lease losses
$0Total noninterest income
$1,149Fiduciary activities
$0Service charges on deposit accounts
$752Trading account gains & fees
$0Additional noninterest income
$397Total noninterest expense
$3,733Salaries and employee benefits
$2,069Premises and equipment expense
$635Additional noninterest expense
$1,029Pre-tax net operating income
$3,675Securities gains (losses)
$0Applicable income taxes
$1,318Income before extraordinary items
$2,357Extraordinary gains - net
$0Net income attributable to bank
$2,357Net charge-offs
$38Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1996)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
9.16%Cost of funding earning assets
3.17%Net interest margin
5.99%Noninterest income to earning assets
1.10%Noninterest expense to earning assets
3.57%Net operating income to assets
2.02%Return on assets (ROA)
2.02%Pretax return on assets
3.15%Return on equity (ROE)
24.19%Retained earnings to average equity (YTD only)
24.19%Net charge-offs to loans
0.05%Credit loss provision to net charge-offs
0.00%Efficiency ratio
49,514Assets per employee
2.42%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.99%Loss allowance to noncurrent loans
420.57%Noncurrent assets plus other real estate owned to assets
0.14%Noncurrent loans to loans
0.23%Net loans and leases to deposits
66.18%Net loans and leases to core deposits
72.65%Equity capital to assets
8.92%Core capital (leverage) ratio
8.42%Tier 1 risk-based capital ratio
13.22%Total risk-based capital ratio
Memoranda
$14Average assets
$116,683Average earning assets
$9,743Average equity
$104,483Average loans

Penny Evans

⚠

Feb 20, 2023 @ 8:08 am

Where can I find out about proir banking in 1998 from First Bank McKinney that is now closed.

First Bank in Mckinney, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Bank - Overview

Assets and Liabilities (December 31, 1996)

Income and Expense (December 31, 1996)

Performance and Condition Ratios (December 31, 1996)

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

First Bank in Mckinney, Texas (TX)Overview, Financial Summary, Detailed Financial Reports, Branches

First Bank - Overview

Assets and Liabilities (December 31, 1996)

Income and Expense (December 31, 1996)

Performance and Condition Ratios (December 31, 1996)

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

First Bank in Mckinney, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches