FDIC Certificate #: 33513 Status: Inactive Closing history: Absorption - Assisted Acquiring institution:American First National Bank (#34656) Federal Reserve ID: 1899902 Date Established: October 24, 1991 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 7 (Interstate: No) OTS Docket #: 11993 FDIC's unique #: 47285 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: October 24, 1991 Last Structure Change Effective Date: September 30, 2011 Last Structure Change Process Date: October 03, 2011 Last Data Update: October 03, 2011 Data Source Date: April 05, 2012
Location
Address: 1912 Avenue K, Plano, TX 75074 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: $239.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2010)
Dollar figures in thousands
89Total employees (full-time equivalent)
$343,408Total assets
$62,871Cash and due from depository institutions
$54,355Interest-bearing balances
$0Securities
$0Federal funds sold & reverse repurchase agreements
$241,970Net loans & leases
$14,159Loan loss allowance
$0Trading account assets
$14,479Bank premises and fixed assets
$12,727Other real estate owned
$0Goodwill and other intangibles
$6,178Life insurance assets
$11,361All other assets
$343,408Total liabilities and capital
$333,361Total liabilities
$292,489Total deposits
$259,699Interest-bearing deposits
$292,489Deposits held in domestic offices
97.97%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$37,285Other borrowed funds
$0Subordinated debt
$3,587All other liabilities
$10,047Total equity capital
$10,047Total bank equity capital
$10,047Perpetual preferred stock
$0Common stock
$750Surplus
$33,610Undivided profits
Memoranda
$-24,313Noncurrent loans and leases
$17,466Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$42,638Earning assets
$993Long-term assets (5+ years)
$413Average Assets, year-to-date
$296,325Average Assets, quarterly
$14,743Volatile liabilities
$386,461Insider loans
$356,096FHLB advances
$72,395Loans and leases held for sale
$6,641Unused loan commitments
$37,285Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$17,466Total unused commitments
$7,877Restructured Loans and leases
$3,532Derivatives
Income and Expense (December 31, 2010)
Dollar figures in thousands
$16,178Total interest income
$4,662Total interest expense
$11,516Net interest income
$23,071Provision for loan and lease losses
-$155Total noninterest income
$0Fiduciary activities
$1,254Service charges on deposit accounts
$0Trading account gains & fees
-$1,409Additional noninterest income
$13,994Total noninterest expense
$5,912Salaries and employee benefits
$2,059Premises and equipment expense
$6,023Additional noninterest expense
-$25,704Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
-$25,704Income before extraordinary items
$0Extraordinary gains - net
-$25,704Net income attributable to bank
$0Net charge-offs
-$25,704Cash dividends
$13,496Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2010)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.80%Yield on earning assets
1.38%Cost of funding earning assets
3.42%Net interest margin
-0.05%Noninterest income to earning assets
4.15%Noninterest expense to earning assets
-6.65%Net operating income to assets
-6.65%Return on assets (ROA)
-6.65%Pretax return on assets
-105.64%Return on equity (ROE)
-105.64%Retained earnings to average equity (YTD only)
4.56%Net charge-offs to loans
170.95%Credit loss provision to net charge-offs
-0.20%Efficiency ratio
123,176Assets per employee
3.86%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
5.53%Loss allowance to noncurrent loans
33.21%Noncurrent assets plus other real estate owned to assets
16.12%Noncurrent loans to loans
16.65%Net loans and leases to deposits
82.73%Net loans and leases to core deposits
98.73%Equity capital to assets
2.93%Core capital (leverage) ratio
2.75%Tier 1 risk-based capital ratio
3.70%Total risk-based capital ratio
Memoranda
$5Average assets
$386,461Average earning assets
$24,332Average equity
$336,916Average loans
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with First International Bank.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: