FDIC Certificate #: 26422 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Citibank Texas, National Association (#32623) Federal Reserve ID: 442253 Date Established: October 28, 1985 WWW:http://www.securitybankna.com Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 6 (Interstate: No) OTS Docket #: 13315 FDIC's unique #: 33041 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: No Date of Deposit Insurance: October 28, 1985 Last Structure Change Effective Date: December 11, 2003 Last Structure Change Process Date: December 17, 2003 Last Data Update: December 17, 2003 Data Source Date: April 05, 2012
Location
Address: 2720 Beltline Road, Garland, TX 75044 County: Dallas 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: $187.0 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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
77Total employees (full-time equivalent)
$166,663Total assets
$9,866Cash and due from depository institutions
$0Interest-bearing balances
$10,024Securities
$1,200Federal funds sold & reverse repurchase agreements
$132,452Net loans & leases
$1,347Loan loss allowance
$0Trading account assets
$8,346Bank premises and fixed assets
$1,041Other real estate owned
$1,391Goodwill and other intangibles
$0Life insurance assets
$2,343All other assets
$166,663Total liabilities and capital
$153,634Total liabilities
$149,073Total deposits
$98,945Interest-bearing deposits
$149,073Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$3,230Other borrowed funds
$0Subordinated debt
$1,331All other liabilities
$13,029Total equity capital
$13,029Total bank equity capital
$13,029Perpetual preferred stock
$0Common stock
$1,444Surplus
$2,575Undivided profits
Memoranda
$9,010Noncurrent loans and leases
$16,805Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,711Earning assets
$4Long-term assets (5+ years)
$687Average Assets, year-to-date
$143,676Average Assets, quarterly
$17,548Volatile liabilities
$165,211Insider loans
$170,397FHLB advances
$22,424Loans and leases held for sale
$3,850Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$16,805Total unused commitments
$1Restructured Loans and leases
$1,347Derivatives
Income and Expense (December 31, 2002)
Dollar figures in thousands
$10,583Total interest income
$2,893Total interest expense
$7,690Net interest income
$573Provision for loan and lease losses
$1,278Total noninterest income
$0Fiduciary activities
$1,076Service charges on deposit accounts
$0Trading account gains & fees
$202Additional noninterest income
$7,295Total noninterest expense
$4,613Salaries and employee benefits
$649Premises and equipment expense
$2,033Additional noninterest expense
$1,100Pre-tax net operating income
$185Securities gains (losses)
$364Applicable income taxes
$921Income before extraordinary items
$0Extraordinary gains - net
$921Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$242Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2002)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.25%Yield on earning assets
1.98%Cost of funding earning assets
5.27%Net interest margin
0.88%Noninterest income to earning assets
5.00%Noninterest expense to earning assets
0.48%Net operating income to assets
0.56%Return on assets (ROA)
0.78%Pretax return on assets
7.32%Return on equity (ROE)
7.32%Retained earnings to average equity (YTD only)
0.18%Net charge-offs to loans
236.78%Credit loss provision to net charge-offs
6.91%Efficiency ratio
81,345Assets per employee
2.16%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.01%Loss allowance to noncurrent loans
78.73%Noncurrent assets plus other real estate owned to assets
1.65%Noncurrent loans to loans
1.28%Net loans and leases to deposits
88.85%Net loans and leases to core deposits
104.58%Equity capital to assets
7.82%Core capital (leverage) ratio
7.19%Tier 1 risk-based capital ratio
8.58%Total risk-based capital ratio
Memoranda
$10Average assets
$165,211Average earning assets
$12,578Average equity
$145,883Average loans
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