FDIC Certificate #: 34412 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Community Bank & Trust, S.S.B. (#15325) Federal Reserve ID: 2514583 Date Established: January 24, 1997 WWW:http://www.securedtrust.com Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 57175 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: January 24, 1997 Last Structure Change Effective Date: August 15, 2003 Last Structure Change Process Date: October 28, 2003 Last Data Update: October 28, 2003 Data Source Date: April 05, 2012
Location
Address: 1909 Broadway, Tyler, TX 75711 County: Smith 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): Tyler, TX (#8640) Combined Statistical Area (CSA): Tyler-Jacksonville, TX (#540) Core Based Statistical Area (CBSA): Tyler, TX (#46340) CBSA Metro Statistical Area: Tyler, TX (#46340)
Financial Summary
Total assets: $46.7 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2002)
Dollar figures in thousands
22Total employees (full-time equivalent)
$53,207Total assets
$1,902Cash and due from depository institutions
$124Interest-bearing balances
$20,791Securities
$2,395Federal funds sold & reverse repurchase agreements
$25,857Net loans & leases
$204Loan loss allowance
$0Trading account assets
$1,038Bank premises and fixed assets
$0Other real estate owned
$414Goodwill and other intangibles
$0Life insurance assets
$810All other assets
$53,207Total liabilities and capital
$47,624Total liabilities
$44,044Total deposits
$39,471Interest-bearing deposits
$44,044Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$2,631Other borrowed funds
$0Subordinated debt
$949All other liabilities
$5,583Total equity capital
$5,583Total bank equity capital
$5,583Perpetual preferred stock
$0Common stock
$1,137Surplus
$2,739Undivided profits
Memoranda
$1,707Noncurrent loans and leases
$2,156Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$275Average Assets, year-to-date
$49,167Average Assets, quarterly
$13,800Volatile liabilities
$50,699Insider loans
$51,923FHLB advances
$10,404Loans and leases held for sale
$1,771Unused loan commitments
$2,631Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$2,156Total unused commitments
$0Restructured Loans and leases
$204Derivatives
Income and Expense (December 31, 2002)
Dollar figures in thousands
$2,838Total interest income
$1,110Total interest expense
$1,728Net interest income
$54Provision for loan and lease losses
$1,442Total noninterest income
$1,293Fiduciary activities
$88Service charges on deposit accounts
$0Trading account gains & fees
$61Additional noninterest income
$1,976Total noninterest expense
$1,193Salaries and employee benefits
$196Premises and equipment expense
$587Additional noninterest expense
$1,140Pre-tax net operating income
$0Securities gains (losses)
$5Applicable income taxes
$1,135Income before extraordinary items
$0Extraordinary gains - net
$1,135Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$2Sale, conversion, retirement of capital stock, net
$967Net operating income
Performance and Condition Ratios (December 31, 2002)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.99%Yield on earning assets
2.34%Cost of funding earning assets
3.65%Net interest margin
3.05%Noninterest income to earning assets
4.17%Noninterest expense to earning assets
2.24%Net operating income to assets
2.24%Return on assets (ROA)
2.25%Pretax return on assets
20.25%Return on equity (ROE)
3.00%Retained earnings to average equity (YTD only)
0.01%Net charge-offs to loans
2700.00%Credit loss provision to net charge-offs
597.00%Efficiency ratio
62,334Assets per employee
2.42%Cash dividends to net income (YTD only)
Condition Ratios (%)
85.20%Loss allowance to loans
0.78%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
58.71%Net loans and leases to core deposits
74.64%Equity capital to assets
10.49%Core capital (leverage) ratio
9.78%Tier 1 risk-based capital ratio
15.20%Total risk-based capital ratio
Memoranda
$16Average assets
$50,699Average earning assets
$5,606Average equity
$47,352Average loans
Total Fiduciary and Related Assets (December 31, 2002)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
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