FDIC Certificate #: 57121 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Enterprise Bank (#3326) Federal Reserve ID: 3008397 Date Established: March 22, 2001 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 358026 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 22, 2001 Last Structure Change Effective Date: November 01, 2003 Last Structure Change Process Date: January 14, 2004 Last Data Update: January 14, 2004 Data Source Date: April 05, 2012
Location
Address: 7125 Gulf Freeway, Houston, TX 77001 County: Harris Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Houston Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): Houston, TX (#3360) Consolidated Metropolitan Statistical Area (CMSA): Houston-Galveston-Brazoria, TX (#42) Combined Statistical Area (CSA): Houston-Baytown-Huntsville, TX (#288) Core Based Statistical Area (CBSA): Houston-Sugar Land-Baytown, TX (#26420) CBSA Metro Statistical Area: Houston-Sugar Land-Baytown, TX (#26420)
Financial Summary
Total assets: $38.3 mil
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2002)
Dollar figures in thousands
13Total employees (full-time equivalent)
$32,187Total assets
$1,741Cash and due from depository institutions
$0Interest-bearing balances
$1,000Securities
$3,000Federal funds sold & reverse repurchase agreements
$25,112Net loans & leases
$281Loan loss allowance
$0Trading account assets
$1,206Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$128All other assets
$32,187Total liabilities and capital
$26,995Total liabilities
$26,891Total deposits
$20,071Interest-bearing deposits
$26,891Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$104All other liabilities
$5,192Total equity capital
$5,192Total bank equity capital
$5,192Perpetual preferred stock
$0Common stock
$600Surplus
$5,400Undivided profits
Memoranda
$-808Noncurrent loans and leases
$3,216Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$99Average Assets, year-to-date
$29,112Average Assets, quarterly
$421Volatile liabilities
$30,343Insider loans
$32,266FHLB advances
$7,688Loans and leases held for sale
$75Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$3,216Total unused commitments
$0Restructured Loans and leases
$281Derivatives
Income and Expense (December 31, 2002)
Dollar figures in thousands
$1,757Total interest income
$384Total interest expense
$1,373Net interest income
$180Provision for loan and lease losses
$72Total noninterest income
$0Fiduciary activities
$39Service charges on deposit accounts
$0Trading account gains & fees
$33Additional noninterest income
$1,364Total noninterest expense
$857Salaries and employee benefits
$123Premises and equipment expense
$384Additional noninterest expense
-$99Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
-$99Income before extraordinary items
$0Extraordinary gains - net
-$99Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$15Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2002)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.40%Yield on earning assets
1.40%Cost of funding earning assets
5.00%Net interest margin
0.26%Noninterest income to earning assets
4.97%Noninterest expense to earning assets
-0.33%Net operating income to assets
-0.33%Return on assets (ROA)
-0.33%Pretax return on assets
-1.90%Return on equity (ROE)
-1.90%Retained earnings to average equity (YTD only)
0.07%Net charge-offs to loans
1200.00%Credit loss provision to net charge-offs
5.40%Efficiency ratio
94,394Assets per employee
2.48%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.11%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
93.38%Net loans and leases to core deposits
130.77%Equity capital to assets
16.13%Core capital (leverage) ratio
15.77%Tier 1 risk-based capital ratio
19.84%Total risk-based capital ratio
Memoranda
$21Average assets
$30,343Average earning assets
$5,219Average equity
$27,468Average loans
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