FDIC Certificate #: 9968 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Austin Bank, Texas National Association (#3276) Federal Reserve ID: 429759 Date Established: January 01, 1909 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 3 (Interstate: No) FDIC's unique #: 6371 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: January 01, 1934 Last Structure Change Effective Date: October 09, 2010 Last Structure Change Process Date: October 14, 2010 Last Data Update: October 14, 2010 Data Source Date: April 05, 2012
Location
Address: 169 S. Frankston Hwy, Frankston, TX 75763 County: Anderson 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 Core Based Statistical Area (CBSA): Palestine, TX (#37300) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $141.1 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2009)
Dollar figures in thousands
46Total employees (full-time equivalent)
$145,891Total assets
$8,572Cash and due from depository institutions
$3,495Interest-bearing balances
$23,050Securities
$6,295Federal funds sold & reverse repurchase agreements
$99,830Net loans & leases
$1,278Loan loss allowance
$0Trading account assets
$3,036Bank premises and fixed assets
$455Other real estate owned
$875Goodwill and other intangibles
$1,243Life insurance assets
$3,778All other assets
$145,892Total liabilities and capital
$130,442Total liabilities
$127,656Total deposits
$95,642Interest-bearing deposits
$127,656Deposits held in domestic offices
79.63%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$2,407Other borrowed funds
$0Subordinated debt
$379All other liabilities
$15,450Total equity capital
$15,450Total bank equity capital
$15,450Perpetual preferred stock
$0Common stock
$300Surplus
$10,700Undivided profits
Memoranda
$4,450Noncurrent loans and leases
$8,706Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,539Earning assets
$0Long-term assets (5+ years)
$824Average Assets, year-to-date
$132,670Average Assets, quarterly
$36,805Volatile liabilities
$146,392Insider loans
$141,934FHLB advances
$24,429Loans and leases held for sale
$1,514Unused loan commitments
$2,407Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$8,706Total unused commitments
$0Restructured Loans and leases
$1,278Derivatives
Income and Expense (December 31, 2009)
Dollar figures in thousands
$7,721Total interest income
$1,659Total interest expense
$6,062Net interest income
$1,532Provision for loan and lease losses
$1,582Total noninterest income
$0Fiduciary activities
$1,064Service charges on deposit accounts
$0Trading account gains & fees
$518Additional noninterest income
$5,102Total noninterest expense
$2,482Salaries and employee benefits
$427Premises and equipment expense
$2,193Additional noninterest expense
$1,010Pre-tax net operating income
$0Securities gains (losses)
$375Applicable income taxes
$635Income before extraordinary items
$0Extraordinary gains - net
$635Net income attributable to bank
$0Net charge-offs
$635Cash dividends
$1,185Sale, conversion, retirement of capital stock, net
$418Net operating income
Performance and Condition Ratios (December 31, 2009)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.76%Yield on earning assets
1.24%Cost of funding earning assets
4.52%Net interest margin
1.18%Noninterest income to earning assets
3.81%Noninterest expense to earning assets
0.43%Net operating income to assets
0.43%Return on assets (ROA)
0.69%Pretax return on assets
4.08%Return on equity (ROE)
1.39%Retained earnings to average equity (YTD only)
1.24%Net charge-offs to loans
129.28%Credit loss provision to net charge-offs
2.15%Efficiency ratio
65,686Assets per employee
3.17%Cash dividends to net income (YTD only)
Condition Ratios (%)
65.83%Loss allowance to loans
1.26%Loss allowance to noncurrent loans
83.04%Noncurrent assets plus other real estate owned to assets
1.37%Noncurrent loans to loans
1.52%Net loans and leases to deposits
78.20%Net loans and leases to core deposits
96.71%Equity capital to assets
10.59%Core capital (leverage) ratio
10.20%Tier 1 risk-based capital ratio
14.13%Total risk-based capital ratio
Memoranda
$15Average assets
$146,392Average earning assets
$15,581Average equity
$134,053Average loans
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