Bank of Texas in Austin, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 2012

Bank of Texas - Overview

  • General
  • FDIC Certificate #: 11942
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Prosperity Bank (#16835)
    Federal Reserve ID: 475363
    Bank Holding Company (Regulatory Top Holder): Texas Bankers, Inc. (RSSDID: 1108640, Location: Austin, TX)
    Date Established: September 16, 1907
    WWW: http://www.thebankoftexas.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 12308
    FDIC's unique #: 7626
    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: Other Specialized Lending < 1 Billion
    Date of Deposit Insurance: January 15, 1934
    Last Structure Change Effective Date: January 01, 2012
    Last Structure Change Process Date: January 05, 2012
    Last Data Update: January 05, 2012
    Data Source Date: April 05, 2012
  • Location
  • Address: 1005 Congress Avenue, Suite 100, Austin, TX 78701
    County: Travis
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Austin
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Austin-San Marcos, TX (#640)
    Combined Statistical Area (CSA): Austin-Round Rock-Marble Falls, TX (#126)
    Core Based Statistical Area (CBSA): Austin-Round Rock-San Marcos, TX (#12420)
    CBSA Metro Statistical Area: Austin-Round Rock-San Marcos, TX (#12420)
  • Financial Summary
  • Total assets: $77.9 mil
    Equity capital: $7.4 mil
    Deposits held in domestic offices: $70.4 mil
    Return on assets (ROA): -1.05% (-$0.8 mil)
    Quarterly return on assets: -2.90% (-$2.3 mil)
    Return on Equity (ROE): -9.83% (-$0.7 mil)
    Quarterly return on equity: -27.87% (-$2.0 mil)
    Net income: -$0.8 mil
    Quarterly Net income: -$0.5 mil
    Pretax return on assets: -1.63% (-$1,270.1 mil)
    Quarterly Pretax return on assets: -4.44% (-$3,459.6 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
  • 21Total employees (full-time equivalent)
  • $77,920Total assets
  • $44,565Cash and due from depository institutions
  • $42,990Interest-bearing balances
  • $32Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $26,867Net loans & leases
  • $716Loan loss allowance
  • $0Trading account assets
  • $3,052Bank premises and fixed assets
  • $38Other real estate owned
  • $0Goodwill and other intangibles
  • $77,920Life insurance assets
  • $3,366All other assets
  • $70,477Total liabilities and capital
  • $70,428Total liabilities
  • $49,388Total deposits
  • $70,428Interest-bearing deposits
  • $94Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $49Subordinated debt
  • $7,443All other liabilities
  • $7,443Total equity capital
  • $7,443Total bank equity capital
  • $0Perpetual preferred stock
  • $45Common stock
  • $7,155Surplus
  • $243Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $336Income earned, not collected on loans
  • $0Earning assets
  • $121Long-term assets (5+ years)
  • $69,889Average Assets, year-to-date
  • $179Average Assets, quarterly
  • $75,547Volatile liabilities
  • $74,618Insider loans
  • $28,390FHLB advances
  • $73,120Loans and leases held for sale
  • $1,825Unused loan commitments
  • $1,825Tier 1 (core) risk-based capital
  • $6,463Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,701Restructured Loans and leases
  • $435Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,230Total interest income
  • $184Total interest expense
  • $2,046Net interest income
  • $75Provision for loan and lease losses
  • $495Total noninterest income
  • $0Fiduciary activities
  • $219Service charges on deposit accounts
  • $0Trading account gains & fees
  • $276Additional noninterest income
  • $3,697Total noninterest expense
  • $2,017Salaries and employee benefits
  • $554Premises and equipment expense
  • $1,126Additional noninterest expense
  • -$1,231Pre-tax net operating income
  • $0Securities gains (losses)
  • -$439Applicable income taxes
  • -$792Income before extraordinary items
  • $0Extraordinary gains - net
  • -$792Net income attributable to bank
  • $0Net charge-offs
  • -$792Cash dividends
  • $155Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.29%Yield on earning assets
  • 0.27%Cost of funding earning assets
  • 3.02%Net interest margin
  • 0.73%Noninterest income to earning assets
  • 5.46%Noninterest expense to earning assets
  • -1.05%Net operating income to assets
  • -1.05%Return on assets (ROA)
  • -1.63%Pretax return on assets
  • -9.83%Return on equity (ROE)
  • -9.83%Retained earnings to average equity (YTD only)
  • 0.50%Net charge-offs to loans
  • 48.39%Credit loss provision to net charge-offs
  • -7.46%Efficiency ratio
  • 145,494Assets per employee
  • 3.71%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.60%Loss allowance to noncurrent loans
  • 213.10%Noncurrent assets plus other real estate owned to assets
  • 0.48%Noncurrent loans to loans
  • 1.22%Net loans and leases to deposits
  • 38.15%Net loans and leases to core deposits
  • 38.29%Equity capital to assets
  • 9.55%Core capital (leverage) ratio
  • 8.84%Tier 1 risk-based capital ratio
  • 22.77%Total risk-based capital ratio
  • Memoranda
  • $24Average assets
  • $75,547Average earning assets
  • $8,059Average equity
  • $67,685Average loans

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