FDIC Certificate #: 26264 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Premier Bank (#34016) Federal Reserve ID: 851556 Date Established: May 16, 1985 WWW:http://www.oaksbank.com Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 32624 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: May 16, 1985 Last Structure Change Effective Date: December 30, 2005 Last Structure Change Process Date: Febuary 15, 2006 Last Data Update: Febuary 15, 2006 Data Source Date: April 05, 2012
Location
Address: 4849 Greenville Avenue, Dallas, TX 75206 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: $152.8 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2004)
Dollar figures in thousands
36Total employees (full-time equivalent)
$108,341Total assets
$9,197Cash and due from depository institutions
$0Interest-bearing balances
$6,000Securities
$19,000Federal funds sold & reverse repurchase agreements
$72,298Net loans & leases
$730Loan loss allowance
$0Trading account assets
$1,050Bank premises and fixed assets
$56Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$740All other assets
$108,341Total liabilities and capital
$97,771Total liabilities
$97,202Total deposits
$47,549Interest-bearing deposits
$97,202Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$569All other liabilities
$10,570Total equity capital
$10,570Total bank equity capital
$10,570Perpetual preferred stock
$0Common stock
$1,000Surplus
$7,000Undivided profits
Memoranda
$2,570Noncurrent loans and leases
$18,637Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$15Earning assets
$0Long-term assets (5+ years)
$412Average Assets, year-to-date
$97,298Average Assets, quarterly
$463Volatile liabilities
$103,309Insider loans
$109,395FHLB advances
$9,618Loans and leases held for sale
$554Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$18,637Total unused commitments
$0Restructured Loans and leases
$730Derivatives
Income and Expense (December 31, 2004)
Dollar figures in thousands
$5,554Total interest income
$412Total interest expense
$5,142Net interest income
$137Provision for loan and lease losses
$1,482Total noninterest income
$17Fiduciary activities
$1,246Service charges on deposit accounts
$0Trading account gains & fees
$219Additional noninterest income
$4,134Total noninterest expense
$2,617Salaries and employee benefits
$609Premises and equipment expense
$908Additional noninterest expense
$2,353Pre-tax net operating income
$0Securities gains (losses)
$844Applicable income taxes
$1,509Income before extraordinary items
$0Extraordinary gains - net
$1,509Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$1,070Net operating income
Performance and Condition Ratios (December 31, 2004)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.02%Yield on earning assets
0.45%Cost of funding earning assets
5.57%Net interest margin
1.61%Noninterest income to earning assets
4.48%Noninterest expense to earning assets
1.46%Net operating income to assets
1.46%Return on assets (ROA)
2.28%Pretax return on assets
14.68%Return on equity (ROE)
4.27%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
62,409Assets per employee
3.01%Cash dividends to net income (YTD only)
Condition Ratios (%)
70.91%Loss allowance to loans
1.00%Loss allowance to noncurrent loans
4866.67%Noncurrent assets plus other real estate owned to assets
0.07%Noncurrent loans to loans
0.02%Net loans and leases to deposits
74.38%Net loans and leases to core deposits
82.55%Equity capital to assets
9.76%Core capital (leverage) ratio
10.08%Tier 1 risk-based capital ratio
13.41%Total risk-based capital ratio
Memoranda
$14Average assets
$103,309Average earning assets
$10,282Average equity
$92,281Average loans
Total Fiduciary and Related Assets (December 31, 2004)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$3,919Managed Assets
1Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
48Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$3,919Other retirement accounts
$3,345Corporate trust and agency accounts
$574Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
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