FDIC Certificate #: 20299 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Benchmark Bank (#19215) Federal Reserve ID: 816153 Date Established: August 28, 1969 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) FDIC's unique #: 13973 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: November 06, 1970 Last Structure Change Effective Date: June 08, 2001 Last Structure Change Process Date: August 10, 2001 Last Data Update: August 10, 2001 Data Source Date: April 05, 2012
Location
Address: Highway 69, Lone Oak, TX 75453 County: Hunt Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Dallas Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): Dallas, TX (#1920) Consolidated Metropolitan Statistical Area (CMSA): Dallas-Fort Worth, TX (#31) Combined Statistical Area (CSA): Dallas-Fort Worth, TX (#206) Core Based Statistical Area (CBSA): Dallas-Fort Worth-Arlington, TX (#19100) CBSA Metro Statistical Area: Dallas-Fort Worth-Arlington, TX (#19100) Core Based Statistical Division: Dallas-Plano-Irving, TX (#19124)
Financial Summary
Total assets: $11.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2000)
Dollar figures in thousands
12Total employees (full-time equivalent)
$11,471Total assets
$1,277Cash and due from depository institutions
$100Interest-bearing balances
$2,735Securities
$115Federal funds sold & reverse repurchase agreements
$6,810Net loans & leases
$92Loan loss allowance
$0Trading account assets
$323Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$211All other assets
$11,471Total liabilities and capital
$10,616Total liabilities
$10,542Total deposits
$6,609Interest-bearing deposits
$10,542Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$74All other liabilities
$855Total equity capital
$855Total bank equity capital
$855Perpetual preferred stock
$0Common stock
$140Surplus
$400Undivided profits
Memoranda
$315Noncurrent loans and leases
$169Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1Earning assets
$0Long-term assets (5+ years)
$58Average Assets, year-to-date
$9,760Average Assets, quarterly
$285Volatile liabilities
$11,727Insider loans
$11,979FHLB advances
$100Loans and leases held for sale
$144Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$169Total unused commitments
$0Restructured Loans and leases
$92Derivatives
Income and Expense (December 31, 2000)
Dollar figures in thousands
$902Total interest income
$219Total interest expense
$683Net interest income
$26Provision for loan and lease losses
$256Total noninterest income
$0Fiduciary activities
$206Service charges on deposit accounts
$0Trading account gains & fees
$50Additional noninterest income
$824Total noninterest expense
$417Salaries and employee benefits
$119Premises and equipment expense
$288Additional noninterest expense
$89Pre-tax net operating income
$0Securities gains (losses)
$11Applicable income taxes
$78Income before extraordinary items
$0Extraordinary gains - net
$78Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$10Sale, conversion, retirement of capital stock, net
$15Net operating income
Performance and Condition Ratios (December 31, 2000)
Dollar figures in thousands
Performance Ratios (%, annualized)
9.06%Yield on earning assets
2.20%Cost of funding earning assets
6.86%Net interest margin
2.57%Noninterest income to earning assets
8.28%Noninterest expense to earning assets
0.67%Net operating income to assets
0.67%Return on assets (ROA)
0.76%Pretax return on assets
9.50%Return on equity (ROE)
7.67%Retained earnings to average equity (YTD only)
0.15%Net charge-offs to loans
260.00%Credit loss provision to net charge-offs
11.50%Efficiency ratio
87,753Assets per employee
0.96%Cash dividends to net income (YTD only)
Condition Ratios (%)
19.23%Loss allowance to loans
1.33%Loss allowance to noncurrent loans
9200.00%Noncurrent assets plus other real estate owned to assets
0.01%Noncurrent loans to loans
0.01%Net loans and leases to deposits
64.60%Net loans and leases to core deposits
65.22%Equity capital to assets
7.45%Core capital (leverage) ratio
7.31%Tier 1 risk-based capital ratio
11.50%Total risk-based capital ratio
Memoranda
$13Average assets
$11,727Average earning assets
$821Average equity
$9,951Average loans
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