TexasBank in Fort Worth, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 25, 2006

  • TexasBank in Fort Worth, Texas (TX)
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TexasBank - Overview

  • General
  • FDIC Certificate #: 15832
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Compass Bank (#19048)
    Federal Reserve ID: 491569
    Date Established: January 01, 1889
    WWW: http://www.texasbank.com
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 25 (Interstate: No)
    OTS Docket #: 9483
    FDIC's unique #: 10073
    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: July 01, 1941
    Last Structure Change Effective Date: March 25, 2006
    Last Structure Change Process Date: April 05, 2006
    Last Data Update: April 05, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 2525 Ridgmar Boulevard, Fort Worth, TX 76116
    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)
  • Financial Summary
  • Total assets: $1,830.1 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, 2005)

  • Dollar figures in thousands
  • 520Total employees (full-time equivalent)
  • $1,830,116Total assets
  • $63,585Cash and due from depository institutions
  • $214Interest-bearing balances
  • $161,681Securities
  • $130,400Federal funds sold & reverse repurchase agreements
  • $1,384,151Net loans & leases
  • $17,525Loan loss allowance
  • $0Trading account assets
  • $38,467Bank premises and fixed assets
  • $235Other real estate owned
  • $13,520Goodwill and other intangibles
  • $0Life insurance assets
  • $38,077All other assets
  • $1,830,116Total liabilities and capital
  • $1,679,908Total liabilities
  • $1,608,877Total deposits
  • $1,055,031Interest-bearing deposits
  • $1,608,877Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $24,577Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $35,910Other borrowed funds
  • $0Subordinated debt
  • $10,544All other liabilities
  • $150,208Total equity capital
  • $150,208Total bank equity capital
  • $150,208Perpetual preferred stock
  • $0Common stock
  • $5,000Surplus
  • $59,000Undivided profits
  • Memoranda
  • $86,208Noncurrent loans and leases
  • $375,487Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $4,424Earning assets
  • $498Long-term assets (5+ years)
  • $8,826Average Assets, year-to-date
  • $1,676,446Average Assets, quarterly
  • $238,705Volatile liabilities
  • $1,633,171Insider loans
  • $1,755,980FHLB advances
  • $272,861Loans and leases held for sale
  • $20,807Unused loan commitments
  • $35,910Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $48,609Total risk weighted assets
  • $375,487Total unused commitments
  • $1,528Restructured Loans and leases
  • $17,544Derivatives

Income and Expense (December 31, 2005)

  • Dollar figures in thousands
  • $100,483Total interest income
  • $22,840Total interest expense
  • $77,643Net interest income
  • $4,142Provision for loan and lease losses
  • $22,602Total noninterest income
  • $2,591Fiduciary activities
  • $13,751Service charges on deposit accounts
  • $0Trading account gains & fees
  • $6,260Additional noninterest income
  • $59,151Total noninterest expense
  • $35,877Salaries and employee benefits
  • $7,237Premises and equipment expense
  • $16,037Additional noninterest expense
  • $36,952Pre-tax net operating income
  • $0Securities gains (losses)
  • $12,470Applicable income taxes
  • $24,482Income before extraordinary items
  • $0Extraordinary gains - net
  • $24,482Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $2,287Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2005)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.74%Yield on earning assets
  • 1.53%Cost of funding earning assets
  • 5.20%Net interest margin
  • 1.52%Noninterest income to earning assets
  • 3.97%Noninterest expense to earning assets
  • 1.50%Net operating income to assets
  • 1.50%Return on assets (ROA)
  • 2.26%Pretax return on assets
  • 17.71%Return on equity (ROE)
  • 17.71%Retained earnings to average equity (YTD only)
  • 0.18%Net charge-offs to loans
  • 181.11%Credit loss provision to net charge-offs
  • 17.97%Efficiency ratio
  • 58,434Assets per employee
  • 3.52%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.25%Loss allowance to noncurrent loans
  • 396.13%Noncurrent assets plus other real estate owned to assets
  • 0.25%Noncurrent loans to loans
  • 0.32%Net loans and leases to deposits
  • 86.03%Net loans and leases to core deposits
  • 99.60%Equity capital to assets
  • 8.21%Core capital (leverage) ratio
  • 8.38%Tier 1 risk-based capital ratio
  • 9.41%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $1,633,171Average earning assets
  • $138,248Average equity
  • $1,491,788Average loans

Total Fiduciary and Related Assets (December 31, 2005)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $1,013,487Managed Assets
  • 1Number of Accounts
  • $972,009Personal trust and agency accounts
  • $142,592Employee benefit-defined contribution accounts
  • $1,797Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $6,401Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $821,219Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 499Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $41,478Other retirement accounts
  • $1,107Corporate trust and agency accounts
  • $35,836Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

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