FDIC Certificate #: 18717 Status: Inactive Closing history: Absorption - Without Assistance Acquiring institution:Franklin Bank, S.S.B. (#26870) Federal Reserve ID: 990156 Date Established: March 07, 1963 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 12585 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: Yes Date of Deposit Insurance: March 07, 1963 Last Structure Change Effective Date: May 01, 2003 Last Structure Change Process Date: August 12, 2003 Last Data Update: August 12, 2003 Data Source Date: April 05, 2012
Location
Address: Highway 1431 West, Kingsland, TX 78639 County: Llano 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
Financial Summary
Total assets: $78.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2002)
Dollar figures in thousands
27Total employees (full-time equivalent)
$77,088Total assets
$1,507Cash and due from depository institutions
$0Interest-bearing balances
$998Securities
$48,500Federal funds sold & reverse repurchase agreements
$21,410Net loans & leases
$375Loan loss allowance
$0Trading account assets
$1,385Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$3,288All other assets
$77,088Total liabilities and capital
$66,558Total liabilities
$66,052Total deposits
$58,183Interest-bearing deposits
$66,052Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$67Other borrowed funds
$0Subordinated debt
$439All other liabilities
$10,530Total equity capital
$10,530Total bank equity capital
$10,530Perpetual preferred stock
$0Common stock
$1,000Surplus
$9,000Undivided profits
Memoranda
$530Noncurrent loans and leases
$2,204Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$906Earning assets
$51Long-term assets (5+ years)
$148Average Assets, year-to-date
$70,908Average Assets, quarterly
$5,790Volatile liabilities
$77,761Insider loans
$76,535FHLB advances
$7,202Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$2,204Total unused commitments
$0Restructured Loans and leases
$375Derivatives
Income and Expense (December 31, 2002)
Dollar figures in thousands
$3,587Total interest income
$1,651Total interest expense
$1,936Net interest income
$625Provision for loan and lease losses
$802Total noninterest income
$0Fiduciary activities
$111Service charges on deposit accounts
$0Trading account gains & fees
$691Additional noninterest income
$1,882Total noninterest expense
$1,256Salaries and employee benefits
$76Premises and equipment expense
$550Additional noninterest expense
$231Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$231Income before extraordinary items
$0Extraordinary gains - net
$231Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$560Sale, conversion, retirement of capital stock, net
$72Net operating income
Performance and Condition Ratios (December 31, 2002)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.98%Yield on earning assets
2.29%Cost of funding earning assets
2.69%Net interest margin
1.11%Noninterest income to earning assets
2.61%Noninterest expense to earning assets
0.30%Net operating income to assets
0.30%Return on assets (ROA)
0.30%Pretax return on assets
2.25%Return on equity (ROE)
1.55%Retained earnings to average equity (YTD only)
2.35%Net charge-offs to loans
111.61%Credit loss provision to net charge-offs
1.53%Efficiency ratio
68,736Assets per employee
2.86%Cash dividends to net income (YTD only)
Condition Ratios (%)
31.17%Loss allowance to loans
1.72%Loss allowance to noncurrent loans
41.39%Noncurrent assets plus other real estate owned to assets
1.18%Noncurrent loans to loans
4.16%Net loans and leases to deposits
32.41%Net loans and leases to core deposits
36.34%Equity capital to assets
13.66%Core capital (leverage) ratio
13.65%Tier 1 risk-based capital ratio
32.18%Total risk-based capital ratio
Memoranda
$33Average assets
$77,761Average earning assets
$10,271Average equity
$72,052Average loans
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