FDIC Certificate #: 32466 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Prosperity Bank (#16835) Federal Reserve ID: 45270 Date Established: April 01, 1986 WWW:http://www.libertybanktexas.com Bank Charter Class: Savings banks, state charter, supervised by the FDIC Offices: 8 (Interstate: No) OTS Docket #: 8293 FDIC's unique #: 45300 Numeric code: 41 Regulator: FDIC Insurance Fund Membership: Savings Association Insurance Fund (SAIF) FDIC Insured: Yes SAIF Insured: Yes Insured Savings Institution: Yes State Chartered: Yes Date of Deposit Insurance: April 01, 1986 Last Structure Change Effective Date: August 01, 2004 Last Structure Change Process Date: September 14, 2004 Last Data Update: September 14, 2004 Data Source Date: April 05, 2012
Location
Address: 900 Congress Avenue, Austin, TX 78701 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)
Financial Summary
Total assets: $175.1 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2003)
Dollar figures in thousands
49Total employees (full-time equivalent)
$193,210Total assets
$29,270Cash and due from depository institutions
$19,983Interest-bearing balances
$7,149Securities
$13,450Federal funds sold & reverse repurchase agreements
$138,069Net loans & leases
$1,750Loan loss allowance
$0Trading account assets
$1,179Bank premises and fixed assets
$1,180Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$2,913All other assets
$193,210Total liabilities and capital
$177,565Total liabilities
$176,374Total deposits
$135,883Interest-bearing deposits
$176,374Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$1,191All other liabilities
$15,645Total equity capital
$15,645Total bank equity capital
$15,645Perpetual preferred stock
$0Common stock
$6,952Surplus
$1,848Undivided profits
Memoranda
$6,845Noncurrent loans and leases
$29,411Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$220Earning assets
$0Long-term assets (5+ years)
$525Average Assets, year-to-date
$178,651Average Assets, quarterly
$1,240Volatile liabilities
$178,679Insider loans
$188,472FHLB advances
$50,211Loans and leases held for sale
$7Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$29,411Total unused commitments
$0Restructured Loans and leases
$1,714Derivatives
Income and Expense (December 31, 2003)
Dollar figures in thousands
$8,467Total interest income
$1,999Total interest expense
$6,468Net interest income
$210Provision for loan and lease losses
$1,915Total noninterest income
$0Fiduciary activities
$923Service charges on deposit accounts
$0Trading account gains & fees
$992Additional noninterest income
$5,676Total noninterest expense
$2,890Salaries and employee benefits
$1,029Premises and equipment expense
$1,757Additional noninterest expense
$2,497Pre-tax net operating income
$0Securities gains (losses)
$429Applicable income taxes
$2,068Income before extraordinary items
$0Extraordinary gains - net
$2,068Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$49Sale, conversion, retirement of capital stock, net
$1,000Net operating income
Performance and Condition Ratios (December 31, 2003)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.14%Yield on earning assets
1.21%Cost of funding earning assets
3.92%Net interest margin
1.16%Noninterest income to earning assets
3.44%Noninterest expense to earning assets
1.16%Net operating income to assets
1.16%Return on assets (ROA)
1.40%Pretax return on assets
13.44%Return on equity (ROE)
6.94%Retained earnings to average equity (YTD only)
0.04%Net charge-offs to loans
428.57%Credit loss provision to net charge-offs
55.24%Efficiency ratio
67,708Assets per employee
3.94%Cash dividends to net income (YTD only)
Condition Ratios (%)
48.36%Loss allowance to loans
1.25%Loss allowance to noncurrent loans
795.45%Noncurrent assets plus other real estate owned to assets
0.72%Noncurrent loans to loans
0.16%Net loans and leases to deposits
78.28%Net loans and leases to core deposits
109.44%Equity capital to assets
8.10%Core capital (leverage) ratio
7.93%Tier 1 risk-based capital ratio
11.36%Total risk-based capital ratio
Memoranda
$13Average assets
$178,679Average earning assets
$15,383Average equity
$164,816Average loans
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