FDIC Certificate #: 24339 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Colonial Bank (#9609) Federal Reserve ID: 829359 Date Established: January 19, 1983 Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 1 (Interstate: No) OTS Docket #: 9641 FDIC's unique #: 16932 Numeric code: 13 Regulator: FED 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 19, 1983 Last Structure Change Effective Date: December 01, 1998 Last Structure Change Process Date: January 07, 1999 Last Data Update: January 07, 1999 Data Source Date: April 05, 2012
Location
Address: 1999 Bryan Street, Suite 1400, Dallas, TX 75201 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: $109.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
19Total employees (full-time equivalent)
$117,979Total assets
$15,187Cash and due from depository institutions
$314Interest-bearing balances
$16,388Securities
$38,700Federal funds sold & reverse repurchase agreements
$46,390Net loans & leases
$321Loan loss allowance
$0Trading account assets
$560Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$754All other assets
$117,979Total liabilities and capital
$109,732Total liabilities
$108,517Total deposits
$63,758Interest-bearing deposits
$108,517Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$500Other borrowed funds
$0Subordinated debt
$715All other liabilities
$8,247Total equity capital
$8,247Total bank equity capital
$8,247Perpetual preferred stock
$0Common stock
$3,450Surplus
$3,450Undivided profits
Memoranda
$1,347Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$86Earning assets
$0Long-term assets (5+ years)
$241Average Assets, year-to-date
$101,792Average Assets, quarterly
$14,618Volatile liabilities
$102,029Insider loans
$103,208FHLB advances
$6,727Loans and leases held for sale
$2,690Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$3,429Total unused commitments
$0Restructured Loans and leases
$73,492Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$6,202Total interest income
$2,939Total interest expense
$3,263Net interest income
$0Provision for loan and lease losses
$235Total noninterest income
$0Fiduciary activities
$164Service charges on deposit accounts
$0Trading account gains & fees
$71Additional noninterest income
$1,950Total noninterest expense
$948Salaries and employee benefits
$487Premises and equipment expense
$515Additional noninterest expense
$1,548Pre-tax net operating income
$0Securities gains (losses)
$504Applicable income taxes
$1,044Income before extraordinary items
$0Extraordinary gains - net
$1,044Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$370Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.77%Yield on earning assets
3.21%Cost of funding earning assets
3.56%Net interest margin
0.26%Noninterest income to earning assets
2.13%Noninterest expense to earning assets
1.02%Net operating income to assets
1.02%Return on assets (ROA)
1.52%Pretax return on assets
13.28%Return on equity (ROE)
8.57%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
55,746Assets per employee
6.21%Cash dividends to net income (YTD only)
Condition Ratios (%)
35.44%Loss allowance to loans
0.69%Loss allowance to noncurrent loans
373.26%Noncurrent assets plus other real estate owned to assets
0.07%Noncurrent loans to loans
0.18%Net loans and leases to deposits
42.75%Net loans and leases to core deposits
45.35%Equity capital to assets
6.99%Core capital (leverage) ratio
8.20%Tier 1 risk-based capital ratio
11.17%Total risk-based capital ratio
Memoranda
$12Average assets
$102,029Average earning assets
$7,863Average equity
$91,606Average loans
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