FDIC Certificate #: 25016 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First Bank (#12229) Federal Reserve ID: 932062 Date Established: Febuary 21, 1984 WWW:http://www.fnbsachse.com Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Interstate: No) OTS Docket #: 14690 FDIC's unique #: 17325 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: No Date of Deposit Insurance: Febuary 21, 1984 Last Structure Change Effective Date: January 25, 2006 Last Structure Change Process Date: Febuary 13, 2006 Last Data Update: Febuary 13, 2006 Data Source Date: April 05, 2012
Location
Address: 6600 Murphy Road, Sachse, TX 75048 County: Dallas 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: $71.0 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2005)
Dollar figures in thousands
15Total employees (full-time equivalent)
$70,967Total assets
$2,016Cash and due from depository institutions
$16Interest-bearing balances
$13,962Securities
$4,310Federal funds sold & reverse repurchase agreements
$48,769Net loans & leases
$576Loan loss allowance
$0Trading account assets
$1,093Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$817All other assets
$70,967Total liabilities and capital
$61,075Total liabilities
$60,987Total deposits
$47,307Interest-bearing deposits
$60,987Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$88All other liabilities
$9,892Total equity capital
$9,892Total bank equity capital
$9,892Perpetual preferred stock
$0Common stock
$456Surplus
$1,345Undivided profits
Memoranda
$8,091Noncurrent loans and leases
$2,508Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$721Earning assets
$0Long-term assets (5+ years)
$418Average Assets, year-to-date
$67,057Average Assets, quarterly
$15,104Volatile liabilities
$72,557Insider loans
$71,579FHLB advances
$8,553Loans and leases held for sale
$747Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$2,508Total unused commitments
$0Restructured Loans and leases
$576Derivatives
Income and Expense (December 31, 2005)
Dollar figures in thousands
$4,419Total interest income
$1,131Total interest expense
$3,288Net interest income
$30Provision for loan and lease losses
$463Total noninterest income
$0Fiduciary activities
$311Service charges on deposit accounts
$0Trading account gains & fees
$152Additional noninterest income
$2,049Total noninterest expense
$990Salaries and employee benefits
$230Premises and equipment expense
$829Additional noninterest expense
$1,672Pre-tax net operating income
$6Securities gains (losses)
$496Applicable income taxes
$1,182Income before extraordinary items
$0Extraordinary gains - net
$1,182Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$3Sale, conversion, retirement of capital stock, net
$456Net operating income
Performance and Condition Ratios (December 31, 2005)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.49%Yield on earning assets
1.66%Cost of funding earning assets
4.83%Net interest margin
0.68%Noninterest income to earning assets
3.01%Noninterest expense to earning assets
1.62%Net operating income to assets
1.63%Return on assets (ROA)
2.31%Pretax return on assets
12.43%Return on equity (ROE)
7.64%Retained earnings to average equity (YTD only)
-0.01%Net charge-offs to loans
-1000.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
54,625Assets per employee
4.73%Cash dividends to net income (YTD only)
Condition Ratios (%)
38.58%Loss allowance to loans
1.17%Loss allowance to noncurrent loans
79.89%Noncurrent assets plus other real estate owned to assets
1.02%Noncurrent loans to loans
1.46%Net loans and leases to deposits
79.97%Net loans and leases to core deposits
93.01%Equity capital to assets
13.94%Core capital (leverage) ratio
14.05%Tier 1 risk-based capital ratio
18.36%Total risk-based capital ratio
Memoranda
$19Average assets
$72,557Average earning assets
$9,506Average equity
$68,136Average loans
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