Bank of DeSoto, National Association in De Soto, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Bank of DeSoto, National Association in De Soto, Texas (TX)
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Bank of DeSoto, National Association - Overview

  • General
  • FDIC Certificate #: 26542
    Status: Active
    Federal Reserve ID: 638355
    Bank Holding Company (Regulatory Top Holder): D Bancorp, Inc. (RSSDID: 2127022, Location: Desoto, TX)
    Date Established: January 27, 1986
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 35231
    Numeric code: 3
    Regulator: OCC
    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: No
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 27, 1986
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 2011 North Hampton Road, De Soto, TX 75115
    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
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $171.5 mil
    Equity capital: $17.5 mil
    Deposits held in domestic offices: $153.8 mil
    Return on assets (ROA): 2.41% ($4.1 mil)
    Quarterly return on assets: 2.16% ($3.7 mil)
    Return on Equity (ROE): 23.88% ($4.1 mil)
    Quarterly return on equity: 21.86% ($3.7 mil)
    Net income: $4.0 mil
    Quarterly Net income: $0.9 mil
    Pretax return on assets: 2.41% ($4,132.4 mil)
    Quarterly Pretax return on assets: 2.16% ($3,703.7 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, 2011)

  • Dollar figures in thousands
  • 35Total employees (full-time equivalent)
  • $171,468Total assets
  • $18,231Cash and due from depository institutions
  • $17,212Interest-bearing balances
  • $8,447Securities
  • $28,000Federal funds sold & reverse repurchase agreements
  • $107,749Net loans & leases
  • $1,286Loan loss allowance
  • $0Trading account assets
  • $3,554Bank premises and fixed assets
  • $1,393Other real estate owned
  • $0Goodwill and other intangibles
  • $171,468Life insurance assets
  • $4,094All other assets
  • $153,978Total liabilities and capital
  • $153,806Total liabilities
  • $125,736Total deposits
  • $153,806Interest-bearing deposits
  • $89Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $172Subordinated debt
  • $17,490All other liabilities
  • $17,490Total equity capital
  • $17,490Total bank equity capital
  • $0Perpetual preferred stock
  • $875Common stock
  • $875Surplus
  • $15,740Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $512Income earned, not collected on loans
  • $0Earning assets
  • $803Long-term assets (5+ years)
  • $161,408Average Assets, year-to-date
  • $64,428Average Assets, quarterly
  • $166,992Volatile liabilities
  • $175,498Insider loans
  • $106,614FHLB advances
  • $173,044Loans and leases held for sale
  • $2,531Unused loan commitments
  • $2,531Tier 1 (core) risk-based capital
  • $17,490Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $4,267Restructured Loans and leases
  • $848Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $10,576Total interest income
  • $1,455Total interest expense
  • $9,121Net interest income
  • $460Provision for loan and lease losses
  • $1,121Total noninterest income
  • $0Fiduciary activities
  • $914Service charges on deposit accounts
  • $0Trading account gains & fees
  • $207Additional noninterest income
  • $5,756Total noninterest expense
  • $3,157Salaries and employee benefits
  • $467Premises and equipment expense
  • $2,132Additional noninterest expense
  • $4,026Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $4,026Income before extraordinary items
  • $0Extraordinary gains - net
  • $4,026Net income attributable to bank
  • $0Net charge-offs
  • $4,026Cash dividends
  • $308Sale, conversion, retirement of capital stock, net
  • $2,582Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.80%Yield on earning assets
  • 0.94%Cost of funding earning assets
  • 5.86%Net interest margin
  • 0.72%Noninterest income to earning assets
  • 3.70%Noninterest expense to earning assets
  • 2.41%Net operating income to assets
  • 2.41%Return on assets (ROA)
  • 2.41%Pretax return on assets
  • 23.88%Return on equity (ROE)
  • 8.57%Retained earnings to average equity (YTD only)
  • 0.28%Net charge-offs to loans
  • 149.35%Credit loss provision to net charge-offs
  • 14.56%Efficiency ratio
  • 56,200Assets per employee
  • 4.90%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 64.13%Loss allowance to loans
  • 1.18%Loss allowance to noncurrent loans
  • 251.17%Noncurrent assets plus other real estate owned to assets
  • 1.11%Noncurrent loans to loans
  • 0.47%Net loans and leases to deposits
  • 70.06%Net loans and leases to core deposits
  • 77.20%Equity capital to assets
  • 10.20%Core capital (leverage) ratio
  • 10.11%Tier 1 risk-based capital ratio
  • 16.40%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $166,992Average earning assets
  • $16,859Average equity
  • $155,552Average loans

List of branches

  • 1 Texas Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    035231Bank Of Desoto, National Association2011 North Hampton Road, De Soto, TX 75115January 27, 1986Full Service Brick and Mortar

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