I Bank Texas, SSB in city_name, state_name - Detailed Financial Reports, Location

I Bank Texas, SSB in Austin, Texas (TX)
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I Bank Texas, SSB routing number info

I Bank Texas, SSB - Overview

General
FDIC Certificate #: 58014
Status: Active
Federal Reserve ID: 3344536
Bank Holding Company (Regulatory Top Holder): I Bank Holding Company, Inc. (RSSDID: 3711576, Location: Lakeway, TX)
Date Established: June 06, 2005
WWW: http://www.ibanktexas.com
Trust Powers Granted: No
Bank Charter Class: Savings banks, state charter, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
FDIC's unique #: 433867
Numeric code: 41
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
FDIC Insured: Yes
Insured Savings Institution: 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: Commercial Lending Specialization
Date of Deposit Insurance: June 06, 2005
Last Structure Change Effective Date: January 01, 2011
Last Structure Change Process Date: January 05, 2011
Last Data Update: January 05, 2011
Data Source Date: April 05, 2012
Location
Address: 3209 Ranch Road 620 South, Austin, TX 78738
County: Travis
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)
History of Changes
Name Change
Financial Summary
Total assets: $155.0 mil
Equity capital: $21.1 mil
Deposits held in domestic offices: $121.2 mil
Return on assets (ROA): 1.53% ($2.4 mil)
Quarterly return on assets: 1.47% ($2.3 mil)
Return on Equity (ROE): 11.94% ($2.5 mil)
Quarterly return on equity: 10.95% ($2.3 mil)
Net income: $2.4 mil
Quarterly Net income: $0.6 mil
Pretax return on assets: 2.33% ($3,612.1 mil)
Quarterly Pretax return on assets: 2.23% ($3,457.1 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
19Total employees (full-time equivalent)
$155,026Total assets
$28,827Cash and due from depository institutions
$25,422Interest-bearing balances
$0Securities
$0Federal funds sold & reverse repurchase agreements
$121,499Net loans & leases
$2,410Loan loss allowance
$0Trading account assets
$1,671Bank premises and fixed assets
$287Other real estate owned
$0Goodwill and other intangibles
$155,026Life insurance assets
$2,742All other assets
$133,891Total liabilities and capital
$121,205Total liabilities
$114,216Total deposits
$121,205Interest-bearing deposits
$81Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$12,500Trading liabilities
$0Other borrowed funds
$186Subordinated debt
$21,135All other liabilities
$21,135Total equity capital
$21,135Total bank equity capital
$0Perpetual preferred stock
$8,080Common stock
$6,191Surplus
$6,864Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$3,083Income earned, not collected on loans
$0Earning assets
$390Long-term assets (5+ years)
$146,921Average Assets, year-to-date
$3,867Average Assets, quarterly
$155,498Volatile liabilities
$155,220Insider loans
$102,707FHLB advances
$156,008Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$21,135Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$20,955Restructured Loans and leases
$3Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$8,185Total interest income
$1,544Total interest expense
$6,641Net interest income
$535Provision for loan and lease losses
$48Total noninterest income
$0Fiduciary activities
$35Service charges on deposit accounts
$0Trading account gains & fees
$13Additional noninterest income
$2,533Total noninterest expense
$1,483Salaries and employee benefits
$221Premises and equipment expense
$829Additional noninterest expense
$3,621Pre-tax net operating income
$0Securities gains (losses)
$1,240Applicable income taxes
$2,381Income before extraordinary items
$0Extraordinary gains - net
$2,381Net income attributable to bank
$0Net charge-offs
$2,381Cash dividends
$177Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.55%Yield on earning assets
1.05%Cost of funding earning assets
4.50%Net interest margin
0.03%Noninterest income to earning assets
1.72%Noninterest expense to earning assets
1.53%Net operating income to assets
1.53%Return on assets (ROA)
2.33%Pretax return on assets
11.94%Return on equity (ROE)
11.94%Retained earnings to average equity (YTD only)
0.14%Net charge-offs to loans
302.26%Credit loss provision to net charge-offs
23.48%Efficiency ratio
37,868Assets per employee
8.16%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.94%Loss allowance to noncurrent loans
78.17%Noncurrent assets plus other real estate owned to assets
2.17%Noncurrent loans to loans
2.49%Net loans and leases to deposits
100.24%Net loans and leases to core deposits
103.55%Equity capital to assets
13.63%Core capital (leverage) ratio
13.55%Tier 1 risk-based capital ratio
20.58%Total risk-based capital ratio
Memoranda
$22Average assets
$155,498Average earning assets
$19,948Average equity
$147,439Average loans

List of branches

2 Texas Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	433867	I Bank Texas, Ssb	3209 Ranch Road 620 South, Austin, TX 78738	June 06, 2005	Full Service Brick and Mortar
1	445306	3613 Williams Drive #201	3613 Williams Drive #201, Georgetown, TX 78628	September 19, 2005	Full Service Brick and Mortar

I Bank Texas, SSB in Austin, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

I Bank Texas, SSB - 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:

I Bank Texas, SSB in Austin, Texas (TX)Overview, Financial Summary, Detailed Financial Reports, Branches

I Bank Texas, SSB - 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:

I Bank Texas, SSB in Austin, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches