FDIC Certificate #: 21413 Status: Inactive Closing history: Change in Location Acquiring institution:Shinhan Bank America (#33188) Federal Reserve ID: 3929849 Date Established: January 21, 1974 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 3 (Interstate: No) FDIC's unique #: 14809 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: January 21, 1974 Last Structure Change Effective Date: May 02, 2009 Last Structure Change Process Date: May 18, 2009 Last Data Update: May 18, 2009 Data Source Date: April 05, 2012
Location
Address: 2240 Royal Lane Suite 303, Dallas, TX 75229 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)
History of Changes
Absorption - Without Assistance
Change in FED-RSSD-ID
Change in Location
Financial Summary
Total assets: $33.8 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2008)
Dollar figures in thousands
8Total employees (full-time equivalent)
$32,120Total assets
$6,540Cash and due from depository institutions
$5,325Interest-bearing balances
$4,023Securities
$3,450Federal funds sold & reverse repurchase agreements
$15,854Net loans & leases
$139Loan loss allowance
$0Trading account assets
$1,742Bank premises and fixed assets
$0Other real estate owned
$181Goodwill and other intangibles
$0Life insurance assets
$330All other assets
$32,120Total liabilities and capital
$28,132Total liabilities
$28,059Total deposits
$22,537Interest-bearing deposits
$28,059Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$73All other liabilities
$3,988Total equity capital
$3,988Total bank equity capital
$3,988Perpetual preferred stock
$0Common stock
$360Surplus
$2,311Undivided profits
Memoranda
$1,317Noncurrent loans and leases
$2,873Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$269Average Assets, year-to-date
$28,652Average Assets, quarterly
$7,851Volatile liabilities
$32,185Insider loans
$32,231FHLB advances
$6,732Loans and leases held for sale
$29Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$2,873Total unused commitments
$82Restructured Loans and leases
$139Derivatives
Income and Expense (December 31, 2008)
Dollar figures in thousands
$1,604Total interest income
$683Total interest expense
$921Net interest income
$61Provision for loan and lease losses
$134Total noninterest income
$0Fiduciary activities
$97Service charges on deposit accounts
$0Trading account gains & fees
$37Additional noninterest income
$954Total noninterest expense
$494Salaries and employee benefits
$71Premises and equipment expense
$389Additional noninterest expense
$40Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$40Income before extraordinary items
$0Extraordinary gains - net
$40Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$17Sale, conversion, retirement of capital stock, net
$45Net operating income
Performance and Condition Ratios (December 31, 2008)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.57%Yield on earning assets
2.37%Cost of funding earning assets
3.20%Net interest margin
0.47%Noninterest income to earning assets
3.31%Noninterest expense to earning assets
0.12%Net operating income to assets
0.12%Return on assets (ROA)
0.12%Pretax return on assets
1.02%Return on equity (ROE)
-0.13%Retained earnings to average equity (YTD only)
0.11%Net charge-offs to loans
358.82%Credit loss provision to net charge-offs
5.94%Efficiency ratio
86,161Assets per employee
4.01%Cash dividends to net income (YTD only)
Condition Ratios (%)
112.50%Loss allowance to loans
0.87%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
56.50%Net loans and leases to core deposits
74.34%Equity capital to assets
12.42%Core capital (leverage) ratio
11.74%Tier 1 risk-based capital ratio
18.85%Total risk-based capital ratio
Memoranda
$20Average assets
$32,185Average earning assets
$3,933Average equity
$28,806Average loans
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