FDIC Certificate #: 58447 Status: Active Federal Reserve ID: 3468665 Date Established: April 23, 2007 WWW:http://www.visionbanktexas.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 451970 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: April 23, 2007 Last Structure Change Effective Date: October 07, 2007 Last Structure Change Process Date: November 07, 2007 Last Data Update: November 07, 2007 Data Source Date: April 05, 2012
Location
Address: 401 W. George Bush Freeway, Suite 101, Richardson, TX 75080 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: $136.2 mil Equity capital: $13.1 mil Deposits held in domestic offices: $122.9 mil Return on assets (ROA): 0.58% ($0.8 mil) Quarterly return on assets: -2.25% (-$3.1 mil) Return on Equity (ROE): 5.51% ($0.7 mil) Quarterly return on equity: -22.34% (-$2.9 mil) Net income: $0.7 mil Quarterly Net income: -$0.8 mil Pretax return on assets: 0.58% ($790.0 mil) Quarterly Pretax return on assets: -2.25% (-$3,064.5 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2011)
Dollar figures in thousands
18Total employees (full-time equivalent)
$136,201Total assets
$17,014Cash and due from depository institutions
$12,423Interest-bearing balances
$46,426Securities
$0Federal funds sold & reverse repurchase agreements
$70,512Net loans & leases
$1,165Loan loss allowance
$0Trading account assets
$198Bank premises and fixed assets
$1,080Other real estate owned
$0Goodwill and other intangibles
$136,202Life insurance assets
$971All other assets
$123,072Total liabilities and capital
$122,881Total liabilities
$103,352Total deposits
$122,881Interest-bearing deposits
$85Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$191Subordinated debt
$13,130All other liabilities
$13,130Total equity capital
$13,130Total bank equity capital
$1,575Perpetual preferred stock
$1,374Common stock
$13,091Surplus
$-2,910Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$150Income earned, not collected on loans
$0Earning assets
$472Long-term assets (5+ years)
$129,361Average Assets, year-to-date
$70,417Average Assets, quarterly
$121,328Volatile liabilities
$134,444Insider loans
$85,730FHLB advances
$134,759Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$13,158Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$17,792Restructured Loans and leases
$299Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$4,940Total interest income
$1,448Total interest expense
$3,492Net interest income
-$342Provision for loan and lease losses
$157Total noninterest income
$0Fiduciary activities
$103Service charges on deposit accounts
$0Trading account gains & fees
$54Additional noninterest income
$3,414Total noninterest expense
$1,691Salaries and employee benefits
$324Premises and equipment expense
$1,399Additional noninterest expense
$577Pre-tax net operating income
$126Securities gains (losses)
$0Applicable income taxes
$703Income before extraordinary items
$0Extraordinary gains - net
$703Net income attributable to bank
$0Net charge-offs
$703Cash dividends
-$559Sale, conversion, retirement of capital stock, net
$82Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.32%Yield on earning assets
1.27%Cost of funding earning assets
3.05%Net interest margin
0.14%Noninterest income to earning assets
2.98%Noninterest expense to earning assets
0.48%Net operating income to assets
0.58%Return on assets (ROA)
0.58%Pretax return on assets
5.51%Return on equity (ROE)
4.87%Retained earnings to average equity (YTD only)
-0.90%Net charge-offs to loans
61.18%Credit loss provision to net charge-offs
0.00%Efficiency ratio
93,560Assets per employee
7.57%Cash dividends to net income (YTD only)
Condition Ratios (%)
11.66%Loss allowance to loans
1.63%Loss allowance to noncurrent loans
776.67%Noncurrent assets plus other real estate owned to assets
0.90%Noncurrent loans to loans
0.21%Net loans and leases to deposits
57.38%Net loans and leases to core deposits
62.71%Equity capital to assets
9.64%Core capital (leverage) ratio
9.76%Tier 1 risk-based capital ratio
15.35%Total risk-based capital ratio
Memoranda
$17Average assets
$121,328Average earning assets
$12,759Average equity
$114,395Average loans
List of branches
1 Texas Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
451970
Vision Bank - Texas
401 W. George Bush Freeway, Suite 101, Richardson, TX 75080
April 23, 2007
Full Service Brick and Mortar
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