Sanger Bank in city_name, state_name - Detailed Financial Reports, Location

Sanger Bank in Sanger, Texas (TX)
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Sanger Bank routing number info

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Sanger Bank - Overview

General
FDIC Certificate #: 27043
Status: Active
Federal Reserve ID: 336361
Bank Holding Company (Regulatory Top Holder): Sanger Bancshares, Inc. (RSSDID: 2497837, Location: Sanger, TX)
Date Established: September 08, 1987
WWW: http://www.sangerbank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 2 (Domestic: 2, Interstate: No)
FDIC's unique #: 38555
Numeric code: 13
Regulator: FED
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: 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: September 08, 1987
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
Location
Address: 501 North Stemmons, Sanger, TX 76266
County: Denton
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)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $105.1 mil
Equity capital: $12.3 mil
Deposits held in domestic offices: $92.7 mil
Return on assets (ROA): 1.38% ($1.4 mil)
Quarterly return on assets: 1.22% ($1.3 mil)
Return on Equity (ROE): 11.86% ($1.4 mil)
Quarterly return on equity: 10.43% ($1.3 mil)
Net income: $1.4 mil
Quarterly Net income: $0.3 mil
Pretax return on assets: 1.95% ($2,049.5 mil)
Quarterly Pretax return on assets: 1.71% ($1,797.3 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, 2011)

Dollar figures in thousands
27Total employees (full-time equivalent)
$105,104Total assets
$16,220Cash and due from depository institutions
$13,843Interest-bearing balances
$23,831Securities
$0Federal funds sold & reverse repurchase agreements
$61,221Net loans & leases
$616Loan loss allowance
$0Trading account assets
$2,416Bank premises and fixed assets
$129Other real estate owned
$0Goodwill and other intangibles
$105,104Life insurance assets
$1,287All other assets
$92,841Total liabilities and capital
$92,699Total liabilities
$74,513Total deposits
$92,699Interest-bearing deposits
$94Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$142Subordinated debt
$12,263All other liabilities
$12,263Total equity capital
$12,263Total bank equity capital
$0Perpetual preferred stock
$600Common stock
$5,200Surplus
$6,463Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$313Income earned, not collected on loans
$0Earning assets
$528Long-term assets (5+ years)
$98,895Average Assets, year-to-date
$45,159Average Assets, quarterly
$101,205Volatile liabilities
$105,066Insider loans
$60,665FHLB advances
$104,959Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$12,177Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,715Restructured Loans and leases
$74Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$5,304Total interest income
$827Total interest expense
$4,477Net interest income
$134Provision for loan and lease losses
$700Total noninterest income
$0Fiduciary activities
$486Service charges on deposit accounts
$0Trading account gains & fees
$214Additional noninterest income
$3,071Total noninterest expense
$1,719Salaries and employee benefits
$420Premises and equipment expense
$932Additional noninterest expense
$1,972Pre-tax net operating income
$0Securities gains (losses)
$574Applicable income taxes
$1,398Income before extraordinary items
$0Extraordinary gains - net
$1,398Net income attributable to bank
$0Net charge-offs
$1,398Cash dividends
$241Sale, conversion, retirement of capital stock, net
$315Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.57%Yield on earning assets
0.87%Cost of funding earning assets
4.70%Net interest margin
0.74%Noninterest income to earning assets
3.23%Noninterest expense to earning assets
1.38%Net operating income to assets
1.38%Return on assets (ROA)
1.95%Pretax return on assets
11.86%Return on equity (ROE)
9.19%Retained earnings to average equity (YTD only)
0.39%Net charge-offs to loans
55.60%Credit loss provision to net charge-offs
8.74%Efficiency ratio
59,320Assets per employee
3.89%Cash dividends to net income (YTD only)
Condition Ratios (%)
22.53%Loss allowance to loans
1.00%Loss allowance to noncurrent loans
196.81%Noncurrent assets plus other real estate owned to assets
0.42%Noncurrent loans to loans
0.51%Net loans and leases to deposits
66.04%Net loans and leases to core deposits
68.26%Equity capital to assets
11.67%Core capital (leverage) ratio
11.60%Tier 1 risk-based capital ratio
20.07%Total risk-based capital ratio
Memoranda
$21Average assets
$101,205Average earning assets
$11,790Average equity
$95,191Average loans

List of branches

2 Texas Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	38555	Sanger Bank	501 North Stemmons, Sanger, TX 76266	September 08, 1987	Full Service Brick and Mortar
1	478881	Sanger Bank-Bowie Branch	1308 Hwy 59 N., Bowie, TX 76230	April 19, 2004	Full Service Brick and Mortar

Sanger Bank in Sanger, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

Sanger Bank - 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:

Sanger Bank in Sanger, Texas (TX)Overview, Financial Summary, Detailed Financial Reports, Branches

Sanger Bank - 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:

Sanger Bank in Sanger, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches