Star Bank of Texas in Lake Worth, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches


Star Bank of Texas - Overview

  • General
  • FDIC Certificate #: 34591
    Status: Active
    Federal Reserve ID: 2657855
    Bank Holding Company (Regulatory Top Holder): Starbanc Holding Company (RSSDID: 2907925, Location: Fort Worth, TX)
    Date Established: Febuary 23, 1998
    WWW: http://www.starbanktexas.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 60755
    Numeric code: 21
    Regulator: FDIC
    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: Febuary 23, 1998
    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: 3930 Boat Club Road, Lake Worth, TX 76135
    County: Tarrant
    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): Fort Worth-Arlington, TX (#2800)
    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: Fort Worth-Arlington, TX (#23104)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $125.8 mil
    Equity capital: $11.7 mil
    Deposits held in domestic offices: $112.0 mil
    Return on assets (ROA): 1.27% ($1.6 mil)
    Quarterly return on assets: 1.17% ($1.5 mil)
    Return on Equity (ROE): 14.37% ($1.7 mil)
    Quarterly return on equity: 12.64% ($1.5 mil)
    Net income: $1.5 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 1.67% ($2,101.4 mil)
    Quarterly Pretax return on assets: 1.60% ($2,013.3 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
  • 28Total employees (full-time equivalent)
  • $125,832Total assets
  • $10,471Cash and due from depository institutions
  • $9,585Interest-bearing balances
  • $42,663Securities
  • $250Federal funds sold & reverse repurchase agreements
  • $67,931Net loans & leases
  • $859Loan loss allowance
  • $0Trading account assets
  • $3,357Bank premises and fixed assets
  • $51Other real estate owned
  • $0Goodwill and other intangibles
  • $125,832Life insurance assets
  • $1,109All other assets
  • $114,116Total liabilities and capital
  • $112,001Total liabilities
  • $91,545Total deposits
  • $112,001Interest-bearing deposits
  • $82Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $1,750Trading liabilities
  • $0Other borrowed funds
  • $365Subordinated debt
  • $11,716All other liabilities
  • $11,716Total equity capital
  • $11,716Total bank equity capital
  • $0Perpetual preferred stock
  • $1,500Common stock
  • $2,100Surplus
  • $8,116Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $45Income earned, not collected on loans
  • $0Earning assets
  • $475Long-term assets (5+ years)
  • $120,429Average Assets, year-to-date
  • $55,079Average Assets, quarterly
  • $120,440Volatile liabilities
  • $125,573Insider loans
  • $65,712FHLB advances
  • $125,458Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $11,390Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $5,015Restructured Loans and leases
  • $542Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,298Total interest income
  • $1,082Total interest expense
  • $5,216Net interest income
  • $155Provision for loan and lease losses
  • $511Total noninterest income
  • $0Fiduciary activities
  • $277Service charges on deposit accounts
  • $0Trading account gains & fees
  • $234Additional noninterest income
  • $3,610Total noninterest expense
  • $2,007Salaries and employee benefits
  • $493Premises and equipment expense
  • $1,110Additional noninterest expense
  • $1,962Pre-tax net operating income
  • $51Securities gains (losses)
  • $481Applicable income taxes
  • $1,532Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,532Net income attributable to bank
  • $0Net charge-offs
  • $1,532Cash dividends
  • $128Sale, conversion, retirement of capital stock, net
  • $205Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.46%Yield on earning assets
  • 0.94%Cost of funding earning assets
  • 4.52%Net interest margin
  • 0.44%Noninterest income to earning assets
  • 3.13%Noninterest expense to earning assets
  • 1.24%Net operating income to assets
  • 1.27%Return on assets (ROA)
  • 1.67%Pretax return on assets
  • 14.37%Return on equity (ROE)
  • 12.45%Retained earnings to average equity (YTD only)
  • 0.19%Net charge-offs to loans
  • 121.09%Credit loss provision to net charge-offs
  • 16.54%Efficiency ratio
  • 63,035Assets per employee
  • 4.49%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 13.38%Loss allowance to loans
  • 1.25%Loss allowance to noncurrent loans
  • 1908.89%Noncurrent assets plus other real estate owned to assets
  • 0.08%Noncurrent loans to loans
  • 0.07%Net loans and leases to deposits
  • 60.65%Net loans and leases to core deposits
  • 68.75%Equity capital to assets
  • 9.31%Core capital (leverage) ratio
  • 9.08%Tier 1 risk-based capital ratio
  • 17.33%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $120,440Average earning assets
  • $10,659Average equity
  • $115,372Average loans

List of branches

  • 2 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    060755Star Bank Of Texas3930 Boat Club Road, Lake Worth, TX 76135Febuary 23, 1998Full Service Brick and Mortar
    1433564White Settlement Branch9636 White Settlement Road, Fort Worth, TX 76108December 01, 2004Full Service Brick and Mortar
1
Delma Deanda
Feb 1, 2023 @ 12:12 pm
Where do I need to go to get my money that I should have in my checking account with Star bank of Texas in Lakeworth Texas? I wasn’t inquired that they were closing.

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