FDIC Certificate #: 26905 Status: Inactive Closing history: Participated in Reorganization Acquiring institution:Security Bank (#13408) Federal Reserve ID: 640152 Date Established: Febuary 23, 1987 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) FDIC's unique #: 36248 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: Febuary 23, 1987 Last Structure Change Effective Date: October 28, 2011 Last Structure Change Process Date: November 15, 2011 Last Data Update: November 15, 2011 Data Source Date: April 05, 2012
Location
Address: 100 East Hondo Street, Devine, TX 78016 County: Medina Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Austin Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: West Core Based Statistical Area (CBSA): San Antonio-New Braunfels, TX (#41700) CBSA Metro Statistical Area: San Antonio-New Braunfels, TX (#41700)
History of Changes
Merger - Without Assistance
Participated in Reorganization
Financial Summary
Total assets: $47.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2010)
Dollar figures in thousands
25Total employees (full-time equivalent)
$51,296Total assets
$12,063Cash and due from depository institutions
$10,080Interest-bearing balances
$3,101Securities
$0Federal funds sold & reverse repurchase agreements
$29,301Net loans & leases
$523Loan loss allowance
$0Trading account assets
$3,951Bank premises and fixed assets
$1,965Other real estate owned
$0Goodwill and other intangibles
$57Life insurance assets
$915All other assets
$51,296Total liabilities and capital
$46,455Total liabilities
$44,116Total deposits
$31,329Interest-bearing deposits
$44,116Deposits held in domestic offices
93.93%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$2,000Other borrowed funds
$0Subordinated debt
$339All other liabilities
$4,841Total equity capital
$4,841Total bank equity capital
$4,841Perpetual preferred stock
$694Common stock
$4,306Surplus
$0Undivided profits
Memoranda
$-159Noncurrent loans and leases
$1,639Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$470Earning assets
$0Long-term assets (5+ years)
$151Average Assets, year-to-date
$42,482Average Assets, quarterly
$1,422Volatile liabilities
$55,662Insider loans
$51,898FHLB advances
$10,821Loans and leases held for sale
$108Unused loan commitments
$2,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,639Total unused commitments
$113Restructured Loans and leases
$443Derivatives
Income and Expense (December 31, 2010)
Dollar figures in thousands
$2,436Total interest income
$544Total interest expense
$1,892Net interest income
$402Provision for loan and lease losses
$496Total noninterest income
$0Fiduciary activities
$487Service charges on deposit accounts
$0Trading account gains & fees
$9Additional noninterest income
$3,275Total noninterest expense
$1,301Salaries and employee benefits
$384Premises and equipment expense
$1,590Additional noninterest expense
-$1,289Pre-tax net operating income
$0Securities gains (losses)
-$63Applicable income taxes
-$1,226Income before extraordinary items
$0Extraordinary gains - net
-$1,226Net income attributable to bank
$0Net charge-offs
-$1,226Cash dividends
$401Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2010)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.23%Yield on earning assets
1.17%Cost of funding earning assets
4.06%Net interest margin
1.07%Noninterest income to earning assets
7.03%Noninterest expense to earning assets
-2.20%Net operating income to assets
-2.20%Return on assets (ROA)
-2.32%Pretax return on assets
-22.29%Return on equity (ROE)
-22.29%Retained earnings to average equity (YTD only)
1.14%Net charge-offs to loans
100.25%Credit loss provision to net charge-offs
-2.21%Efficiency ratio
137,144Assets per employee
2.05%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.75%Loss allowance to noncurrent loans
111.28%Noncurrent assets plus other real estate owned to assets
4.75%Noncurrent loans to loans
1.58%Net loans and leases to deposits
66.42%Net loans and leases to core deposits
88.00%Equity capital to assets
9.44%Core capital (leverage) ratio
9.39%Tier 1 risk-based capital ratio
13.99%Total risk-based capital ratio
Memoranda
$15Average assets
$55,662Average earning assets
$5,501Average equity
$46,568Average loans
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