FDIC Certificate #: 57023 Status: Inactive Closing history: Corrections Acquiring institution:First Bank (#12229) Federal Reserve ID: 2995904 Date Established: March 01, 2001 WWW:http://www.royaloaksbank.com Bank Charter Class: Savings banks, state charter, supervised by the FDIC Offices: 6 (Interstate: No) FDIC's unique #: 294972 Numeric code: 41 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) FDIC Insured: Yes Insured Savings Institution: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: March 01, 2001 Last Structure Change Effective Date: March 01, 2007 Last Structure Change Process Date: March 26, 2007 Last Data Update: March 26, 2007 Data Source Date: April 05, 2012
Location
Address: 12000 Westheimer Road, Suite 100, Houston, TX 77077 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)
History of Changes
Merger - Without Assistance
Corrections
Office Sold
Financial Summary
Total assets: $206.6 mil
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2006)
Dollar figures in thousands
58Total employees (full-time equivalent)
$206,613Total assets
$8,056Cash and due from depository institutions
$4,561Interest-bearing balances
$3,522Securities
$20,145Federal funds sold & reverse repurchase agreements
$166,962Net loans & leases
$1,308Loan loss allowance
$0Trading account assets
$4,316Bank premises and fixed assets
$138Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$3,474All other assets
$206,613Total liabilities and capital
$190,215Total liabilities
$160,050Total deposits
$130,467Interest-bearing deposits
$160,050Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$28,950Other borrowed funds
$0Subordinated debt
$1,215All other liabilities
$16,398Total equity capital
$16,398Total bank equity capital
$16,398Perpetual preferred stock
$0Common stock
$10,664Surplus
$2,700Undivided profits
Memoranda
$3,034Noncurrent loans and leases
$33,471Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$705Earning assets
$0Long-term assets (5+ years)
$976Average Assets, year-to-date
$195,190Average Assets, quarterly
$5,879Volatile liabilities
$182,359Insider loans
$203,671FHLB advances
$79,063Loans and leases held for sale
$5,327Unused loan commitments
$28,950Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$33,471Total unused commitments
$0Restructured Loans and leases
$1,308Derivatives
Income and Expense (December 31, 2006)
Dollar figures in thousands
$15,010Total interest income
$5,980Total interest expense
$9,030Net interest income
$368Provision for loan and lease losses
$1,005Total noninterest income
$0Fiduciary activities
$417Service charges on deposit accounts
$0Trading account gains & fees
$588Additional noninterest income
$7,592Total noninterest expense
$4,579Salaries and employee benefits
$1,184Premises and equipment expense
$1,829Additional noninterest expense
$2,075Pre-tax net operating income
$0Securities gains (losses)
$712Applicable income taxes
$1,363Income before extraordinary items
$0Extraordinary gains - net
$1,363Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$56Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2006)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.60%Yield on earning assets
3.43%Cost of funding earning assets
5.17%Net interest margin
0.58%Noninterest income to earning assets
4.35%Noninterest expense to earning assets
0.75%Net operating income to assets
0.75%Return on assets (ROA)
1.14%Pretax return on assets
8.78%Return on equity (ROE)
8.78%Retained earnings to average equity (YTD only)
0.04%Net charge-offs to loans
657.14%Credit loss provision to net charge-offs
43.63%Efficiency ratio
75,655Assets per employee
3.56%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.78%Loss allowance to noncurrent loans
185.53%Noncurrent assets plus other real estate owned to assets
0.41%Noncurrent loans to loans
0.42%Net loans and leases to deposits
104.32%Net loans and leases to core deposits
151.87%Equity capital to assets
7.94%Core capital (leverage) ratio
8.48%Tier 1 risk-based capital ratio
9.17%Total risk-based capital ratio
Memoranda
$10Average assets
$182,359Average earning assets
$15,529Average equity
$174,522Average loans
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Royal Oaks Bank, ssb.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: