FDIC Certificate #: 11165 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Texas Financial Bank (#26738) Federal Reserve ID: 858966 Date Established: January 01, 1927 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 7125 Numeric code: 21 Regulator: FDIC 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 01, 1934 Last Structure Change Effective Date: October 15, 2001 Last Structure Change Process Date: January 17, 2002 Last Data Update: January 17, 2002 Data Source Date: April 05, 2012
Location
Address: 922 Main, Rankin, TX 79778 County: Upton Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Lubbock Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: West
Financial Summary
Total assets: $21.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2000)
Dollar figures in thousands
9Total employees (full-time equivalent)
$19,226Total assets
$903Cash and due from depository institutions
$0Interest-bearing balances
$9,452Securities
$100Federal funds sold & reverse repurchase agreements
$7,816Net loans & leases
$99Loan loss allowance
$0Trading account assets
$395Bank premises and fixed assets
$26Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$534All other assets
$19,226Total liabilities and capital
$17,646Total liabilities
$17,535Total deposits
$15,204Interest-bearing deposits
$17,535Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$111All other liabilities
$1,580Total equity capital
$1,580Total bank equity capital
$1,580Perpetual preferred stock
$0Common stock
$400Surplus
$875Undivided profits
Memoranda
$305Noncurrent loans and leases
$563Noncurrent 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)
$165Average Assets, year-to-date
$17,368Average Assets, quarterly
$1,551Volatile liabilities
$20,572Insider loans
$19,622FHLB advances
$6,981Loans and leases held for sale
$466Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$563Total unused commitments
$0Restructured Loans and leases
$99Derivatives
Income and Expense (December 31, 2000)
Dollar figures in thousands
$1,498Total interest income
$648Total interest expense
$850Net interest income
-$61Provision for loan and lease losses
$109Total noninterest income
$0Fiduciary activities
$17Service charges on deposit accounts
$0Trading account gains & fees
$92Additional noninterest income
$555Total noninterest expense
$270Salaries and employee benefits
$122Premises and equipment expense
$163Additional noninterest expense
$465Pre-tax net operating income
$0Securities gains (losses)
$155Applicable income taxes
$310Income before extraordinary items
$0Extraordinary gains - net
$310Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$60Sale, conversion, retirement of capital stock, net
$210Net operating income
Performance and Condition Ratios (December 31, 2000)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.00%Yield on earning assets
3.46%Cost of funding earning assets
4.54%Net interest margin
0.58%Noninterest income to earning assets
2.96%Noninterest expense to earning assets
1.51%Net operating income to assets
1.51%Return on assets (ROA)
2.26%Pretax return on assets
21.19%Return on equity (ROE)
6.83%Retained earnings to average equity (YTD only)
-0.81%Net charge-offs to loans
101.67%Credit loss provision to net charge-offs
0.00%Efficiency ratio
57,873Assets per employee
2.14%Cash dividends to net income (YTD only)
Condition Ratios (%)
67.74%Loss allowance to loans
1.25%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.14%Noncurrent loans to loans
0.00%Net loans and leases to deposits
44.57%Net loans and leases to core deposits
74.06%Equity capital to assets
8.22%Core capital (leverage) ratio
7.97%Tier 1 risk-based capital ratio
15.63%Total risk-based capital ratio
Memoranda
$17Average assets
$20,572Average earning assets
$1,463Average equity
$18,726Average loans
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