FDIC Certificate #: 3100 Status: Inactive Closing history: Corrections Acquiring institution:First Texas Bank (#22551) Federal Reserve ID: 29850 Date Established: October 25, 1933 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 1978 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: August 08, 2009 Last Structure Change Process Date: August 25, 2009 Last Data Update: August 25, 2009 Data Source Date: April 05, 2012
Location
Address: 300 East First Avenue, Belton, TX 76513 County: Bell 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): Killeen-Temple, TX (#3810) Core Based Statistical Area (CBSA): Killeen-Temple-Fort Hood, TX (#28660) CBSA Metro Statistical Area: Killeen-Temple-Fort Hood, TX (#28660)
History of Changes
Merger - Without Assistance
Corrections
Financial Summary
Total assets: $67.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2008)
Dollar figures in thousands
28Total employees (full-time equivalent)
$66,315Total assets
$5,953Cash and due from depository institutions
$3,316Interest-bearing balances
$12,703Securities
$800Federal funds sold & reverse repurchase agreements
$43,477Net loans & leases
$345Loan loss allowance
$0Trading account assets
$1,265Bank premises and fixed assets
$115Other real estate owned
$0Goodwill and other intangibles
$1,323Life insurance assets
$2,002All other assets
$66,315Total liabilities and capital
$59,809Total liabilities
$59,610Total deposits
$45,839Interest-bearing deposits
$59,610Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$199All other liabilities
$6,506Total equity capital
$6,506Total bank equity capital
$6,506Perpetual preferred stock
$0Common stock
$950Surplus
$3,500Undivided profits
Memoranda
$2,056Noncurrent loans and leases
$4,896Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$561Earning assets
$0Long-term assets (5+ years)
$268Average Assets, year-to-date
$60,296Average Assets, quarterly
$609Volatile liabilities
$66,292Insider loans
$65,763FHLB advances
$5,239Loans and leases held for sale
$513Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$4,896Total unused commitments
$0Restructured Loans and leases
$345Derivatives
Income and Expense (December 31, 2008)
Dollar figures in thousands
$3,877Total interest income
$607Total interest expense
$3,270Net interest income
$602Provision for loan and lease losses
$458Total noninterest income
$0Fiduciary activities
$223Service charges on deposit accounts
$0Trading account gains & fees
$235Additional noninterest income
$2,752Total noninterest expense
$1,605Salaries and employee benefits
$291Premises and equipment expense
$856Additional noninterest expense
$374Pre-tax net operating income
$0Securities gains (losses)
$108Applicable income taxes
$266Income before extraordinary items
$0Extraordinary gains - net
$266Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$498Sale, conversion, retirement of capital stock, net
$450Net operating income
Performance and Condition Ratios (December 31, 2008)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.47%Yield on earning assets
1.01%Cost of funding earning assets
5.46%Net interest margin
0.76%Noninterest income to earning assets
4.60%Noninterest expense to earning assets
0.40%Net operating income to assets
0.40%Return on assets (ROA)
0.56%Pretax return on assets
4.01%Return on equity (ROE)
-2.77%Retained earnings to average equity (YTD only)
1.15%Net charge-offs to loans
120.88%Credit loss provision to net charge-offs
1.96%Efficiency ratio
73,820Assets per employee
2.37%Cash dividends to net income (YTD only)
Condition Ratios (%)
169.17%Loss allowance to loans
0.79%Loss allowance to noncurrent loans
61.50%Noncurrent assets plus other real estate owned to assets
1.02%Noncurrent loans to loans
1.28%Net loans and leases to deposits
72.94%Net loans and leases to core deposits
79.96%Equity capital to assets
9.81%Core capital (leverage) ratio
9.62%Tier 1 risk-based capital ratio
14.65%Total risk-based capital ratio
Memoranda
$15Average assets
$66,292Average earning assets
$6,640Average equity
$59,889Average loans
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