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

Bank of Texas - Overview

  • General
  • FDIC Certificate #: 18576
    Status: Active
    Federal Reserve ID: 925653
    Bank Holding Company (Regulatory Top Holder): Tall City Bancshares, Inc. (RSSDID: 3929821, Location: Midland, TX)
    Date Established: August 04, 1962
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 12463
    Numeric code: 13
    Regulator: FED
    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: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: August 04, 1962
    Last Structure Change Effective Date: January 05, 2011
    Last Structure Change Process Date: January 05, 2011
    Last Data Update: January 05, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 306 West Wall Suite 100, Midland, TX 79701
    County: Midland
    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
    Metropolitan Statistical Area (MSA): Odessa-Midland, TX (#5800)
    Combined Statistical Area (CSA): Midland-Odessa, TX (#372)
    Core Based Statistical Area (CBSA): Midland, TX (#33260)
    CBSA Metro Statistical Area: Midland, TX (#33260)
  • History of Changes
  • Change in Supervisory Agency
    Institution Becomes a Member of FRS (Federal Reserve System)
    Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $150.2 mil
    Equity capital: $23.4 mil
    Deposits held in domestic offices: $126.6 mil
    Return on assets (ROA): 0.63% ($0.9 mil)
    Quarterly return on assets: 1.03% ($1.5 mil)
    Return on Equity (ROE): 3.39% ($0.8 mil)
    Quarterly return on equity: 6.33% ($1.5 mil)
    Net income: $0.8 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 0.63% ($946.5 mil)
    Quarterly Pretax return on assets: 1.03% ($1,547.5 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
  • 14Total employees (full-time equivalent)
  • $150,245Total assets
  • $25,840Cash and due from depository institutions
  • $20,879Interest-bearing balances
  • $4,886Securities
  • $550Federal funds sold & reverse repurchase agreements
  • $117,141Net loans & leases
  • $1,501Loan loss allowance
  • $0Trading account assets
  • $453Bank premises and fixed assets
  • $0Other real estate owned
  • $257Goodwill and other intangibles
  • $150,245Life insurance assets
  • $1,118All other assets
  • $126,797Total liabilities and capital
  • $126,649Total liabilities
  • $91,381Total deposits
  • $126,649Interest-bearing deposits
  • $56Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $148Subordinated debt
  • $23,448All other liabilities
  • $23,448Total equity capital
  • $23,448Total bank equity capital
  • $0Perpetual preferred stock
  • $200Common stock
  • $24,092Surplus
  • $-844Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $336Long-term assets (5+ years)
  • $143,456Average Assets, year-to-date
  • $276Average Assets, quarterly
  • $123,141Volatile liabilities
  • $143,583Insider loans
  • $123,627FHLB advances
  • $138,264Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $23,171Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $28,314Restructured Loans and leases
  • $7,963Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,445Total interest income
  • $1,127Total interest expense
  • $3,318Net interest income
  • $452Provision for loan and lease losses
  • $74Total noninterest income
  • $0Fiduciary activities
  • $47Service charges on deposit accounts
  • $0Trading account gains & fees
  • $27Additional noninterest income
  • $2,164Total noninterest expense
  • $1,341Salaries and employee benefits
  • $257Premises and equipment expense
  • $566Additional noninterest expense
  • $776Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $776Income before extraordinary items
  • $0Extraordinary gains - net
  • $776Net income attributable to bank
  • $0Net charge-offs
  • $776Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.75%Yield on earning assets
  • 0.95%Cost of funding earning assets
  • 2.80%Net interest margin
  • 0.06%Noninterest income to earning assets
  • 1.83%Noninterest expense to earning assets
  • 0.63%Net operating income to assets
  • 0.63%Return on assets (ROA)
  • 0.63%Pretax return on assets
  • 3.39%Return on equity (ROE)
  • 3.39%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
  • 63,797Assets per employee
  • 10.73%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.27%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 92.49%Net loans and leases to core deposits
  • 186.47%Equity capital to assets
  • 15.61%Core capital (leverage) ratio
  • 16.76%Tier 1 risk-based capital ratio
  • 18.74%Total risk-based capital ratio
  • Memoranda
  • $20Average assets
  • $123,141Average earning assets
  • $22,895Average equity
  • $118,429Average loans

List of branches

  • 3 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    012463Bank Of Texas306 West Wall Suite 100, Midland, TX 79701August 04, 1962Full Service Brick and Mortar
    2503130Jayton Branch102 Donaho Street, Jayton, TX 79528January 13, 2010Full Service Brick and Mortar
    3506275El Paso Branch320 Texas Avenue, El Paso, TX 79901January 14, 2010Full Service Brick and Mortar

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