FDIC Certificate #: 58671 Status: Active Federal Reserve ID: 3640359 Date Established: December 10, 2007 WWW:http://www.bankoffortbend.com Trust Powers Granted: No Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 18051 FDIC's unique #: 462490 Numeric code: 33 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) FDIC Insured: Yes Insured Savings Institution: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: No Subchapter S Corporations: No Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: December 10, 2007 Last Structure Change Effective Date: July 22, 2011 Last Structure Change Process Date: July 28, 2011 Last Data Update: July 28, 2011 Data Source Date: April 05, 2012
Location
Address: 12946 Dairy Ashford Road Suite 100, Sugar Land, TX 77478 County: Fort Bend 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
Corrections
Name Change
Financial Summary
Total assets: $59.9 mil Equity capital: $10.3 mil Deposits held in domestic offices: $47.8 mil Return on assets (ROA): -1.22% (-$0.7 mil) Quarterly return on assets: -0.67% (-$0.4 mil) Return on Equity (ROE): -6.21% (-$0.6 mil) Quarterly return on equity: -3.82% (-$0.4 mil) Net income: -$0.6 mil Quarterly Net income: -$0.1 mil Pretax return on assets: -1.22% (-$730.3 mil) Quarterly Pretax return on assets: -0.67% (-$401.1 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
21Total employees (full-time equivalent)
$59,864Total assets
$13,386Cash and due from depository institutions
$12,319Interest-bearing balances
$7,093Securities
$0Federal funds sold & reverse repurchase agreements
$35,856Net loans & leases
$548Loan loss allowance
$0Trading account assets
$705Bank premises and fixed assets
$0Other real estate owned
$2,297Goodwill and other intangibles
$59,864Life insurance assets
$527All other assets
$49,549Total liabilities and capital
$47,767Total liabilities
$28,572Total deposits
$47,767Interest-bearing deposits
$92Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$1,760Trading liabilities
$0Other borrowed funds
$22Subordinated debt
$10,315All other liabilities
$10,315Total equity capital
$10,315Total bank equity capital
$0Perpetual preferred stock
$4,700Common stock
$6,453Surplus
$-838Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$264Income earned, not collected on loans
$0Earning assets
$151Long-term assets (5+ years)
$55,268Average Assets, year-to-date
$9,282Average Assets, quarterly
$47,906Volatile liabilities
$59,148Insider loans
$39,795FHLB advances
$55,504Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$8,035Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$2,881Restructured Loans and leases
$577Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,969Total interest income
$200Total interest expense
$1,769Net interest income
$558Provision for loan and lease losses
$1,001Total noninterest income
$0Fiduciary activities
$14Service charges on deposit accounts
$0Trading account gains & fees
$987Additional noninterest income
$2,798Total noninterest expense
$1,485Salaries and employee benefits
$406Premises and equipment expense
$907Additional noninterest expense
-$586Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
-$586Income before extraordinary items
$0Extraordinary gains - net
-$586Net income attributable to bank
$0Net charge-offs
-$586Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.44%Yield on earning assets
0.45%Cost of funding earning assets
3.99%Net interest margin
2.26%Noninterest income to earning assets
6.31%Noninterest expense to earning assets
-1.22%Net operating income to assets
-1.22%Return on assets (ROA)
-1.22%Pretax return on assets
-6.21%Return on equity (ROE)
-6.21%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
100,325Assets per employee
2.85%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.51%Loss allowance to noncurrent loans
207.58%Noncurrent assets plus other real estate owned to assets
0.44%Noncurrent loans to loans
0.73%Net loans and leases to deposits
75.06%Net loans and leases to core deposits
77.60%Equity capital to assets
17.23%Core capital (leverage) ratio
14.48%Tier 1 risk-based capital ratio
20.19%Total risk-based capital ratio
Memoranda
$21Average assets
$47,906Average earning assets
$9,430Average equity
$44,346Average loans
List of branches
1 Texas Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
462490
Texan Bank
12946 Dairy Ashford Road Suite 100, Sugar Land, TX 77478
December 10, 2007
Full Service Brick and Mortar
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