Frontier Bank of Texas in city_name, state_name - Detailed Financial Reports, Location

Frontier Bank of Texas in Elgin, Texas (TX)
Show street view No street view available for this location

Frontier Bank of Texas routing number info

Frontier Bank of Texas - Overview

General
FDIC Certificate #: 58509
Status: Active
Federal Reserve ID: 3472046
Date Established: June 11, 2007
WWW: http://www.frontierbankoftexas.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
FDIC's unique #: 454915
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: All Other Specialization < 1 Billion
Date of Deposit Insurance: June 11, 2007
Last Structure Change Effective Date: December 17, 2008
Last Structure Change Process Date: January 14, 2009
Last Data Update: January 14, 2009
Data Source Date: April 05, 2012
Location
Address: 1213 Highway 290, Elgin, TX 78621
County: Bastrop
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): Austin-San Marcos, TX (#640)
Combined Statistical Area (CSA): Austin-Round Rock-Marble Falls, TX (#126)
Core Based Statistical Area (CBSA): Austin-Round Rock-San Marcos, TX (#12420)
CBSA Metro Statistical Area: Austin-Round Rock-San Marcos, TX (#12420)
Financial Summary
Total assets: $118.9 mil
Equity capital: $24.7 mil
Deposits held in domestic offices: $94.1 mil
Return on assets (ROA): 0.12% ($0.1 mil)
Quarterly return on assets: 0.24% ($0.3 mil)
Return on Equity (ROE): 0.50% ($0.1 mil)
Quarterly return on equity: 1.13% ($0.3 mil)
Net income: $0.1 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 0.12% ($142.7 mil)
Quarterly Pretax return on assets: 0.24% ($285.3 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, 2011)

Dollar figures in thousands
23Total employees (full-time equivalent)
$118,885Total assets
$22,111Cash and due from depository institutions
$15,242Interest-bearing balances
$36,664Securities
$85Federal funds sold & reverse repurchase agreements
$53,787Net loans & leases
$276Loan loss allowance
$0Trading account assets
$5,674Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$118,885Life insurance assets
$564All other assets
$94,214Total liabilities and capital
$94,064Total liabilities
$80,953Total deposits
$94,064Interest-bearing deposits
$87Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$150Subordinated debt
$24,671All other liabilities
$24,671Total equity capital
$24,671Total bank equity capital
$0Perpetual preferred stock
$2,655Common stock
$23,062Surplus
$-1,046Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$3Income earned, not collected on loans
$0Earning assets
$400Long-term assets (5+ years)
$105,778Average Assets, year-to-date
$32,522Average Assets, quarterly
$104,171Volatile liabilities
$114,690Insider loans
$56,602FHLB advances
$115,536Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$24,527Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$5,321Restructured Loans and leases
$6,081Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$3,981Total interest income
$841Total interest expense
$3,140Net interest income
$27Provision for loan and lease losses
$377Total noninterest income
$0Fiduciary activities
$180Service charges on deposit accounts
$0Trading account gains & fees
$197Additional noninterest income
$3,378Total noninterest expense
$1,434Salaries and employee benefits
$543Premises and equipment expense
$1,401Additional noninterest expense
$112Pre-tax net operating income
$10Securities gains (losses)
$0Applicable income taxes
$122Income before extraordinary items
$0Extraordinary gains - net
$122Net income attributable to bank
$0Net charge-offs
$122Cash dividends
$33Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.32%Yield on earning assets
0.91%Cost of funding earning assets
3.41%Net interest margin
0.41%Noninterest income to earning assets
3.67%Noninterest expense to earning assets
0.11%Net operating income to assets
0.12%Return on assets (ROA)
0.12%Pretax return on assets
0.50%Return on equity (ROE)
0.50%Retained earnings to average equity (YTD only)
0.07%Net charge-offs to loans
81.82%Credit loss provision to net charge-offs
4.21%Efficiency ratio
96,048Assets per employee
5.17%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.51%Loss allowance to noncurrent loans
9200.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.01%Net loans and leases to deposits
57.18%Net loans and leases to core deposits
59.75%Equity capital to assets
20.75%Core capital (leverage) ratio
21.23%Tier 1 risk-based capital ratio
43.33%Total risk-based capital ratio
Memoranda
$44Average assets
$104,171Average earning assets
$24,585Average equity
$92,055Average loans

List of branches

2 Texas Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	454915	Frontier Bank Of Texas	1213 Highway 290, Elgin, TX 78621	June 11, 2007	Full Service Brick and Mortar
1	507788	Bastrop Branch	1500 Chestnut, Bastrop, TX 78602	April 19, 2010	Full Service Brick and Mortar

Frontier Bank of Texas in Elgin, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

Frontier Bank of Texas - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

Frontier Bank of Texas in Elgin, Texas (TX)Overview, Financial Summary, Detailed Financial Reports, Branches

Frontier Bank of Texas - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

Frontier Bank of Texas in Elgin, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches