Beal Bank, SSB in Plano, Texas (TX), CA, FL, AL, IL
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Beal Bank, SSB in Plano, Texas (TX), CA, FL, AL, IL
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Beal Bank, SSB - Overview

  • General
  • FDIC Certificate #: 32574
    Status: Active
    Federal Reserve ID: 1176881
    Date Established: March 10, 1988
    WWW: http://www.bealbank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 38 (Domestic: 38, Interstate: Yes)
    OTS Docket #: 18092
    FDIC's unique #: 45408
    Numeric code: 41
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: 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: Mortgage Lending Specialization
    Date of Deposit Insurance: March 10, 1988
    Last Structure Change Effective Date: October 14, 2011
    Last Structure Change Process Date: October 26, 2011
    Last Data Update: October 26, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 6000 Legacy Drive, Plano, TX 75024
    County: Collin
    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
  • Participated in Absorption/Consolidation/Merger
  • Financial Summary
  • Total assets: $3,750.0 mil
    Equity capital: $902.1 mil
    Deposits held in domestic offices: $2,445.6 mil
    Return on assets (ROA): 0.71% ($26.6 mil)
    Quarterly return on assets: -0.68% (-$25.5 mil)
    Return on Equity (ROE): 3.24% ($29.2 mil)
    Quarterly return on equity: -3.10% (-$28.0 mil)
    Net income: $25.9 mil
    Quarterly Net income: -$6.2 mil
    Pretax return on assets: 0.74% ($27,750.4 mil)
    Quarterly Pretax return on assets: -0.68% (-$25,500.3 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
  • 446Total employees (full-time equivalent)
  • $3,750,048Total assets
  • $486,030Cash and due from depository institutions
  • $481,830Interest-bearing balances
  • $274,081Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $2,589,052Net loans & leases
  • $105,873Loan loss allowance
  • $0Trading account assets
  • $66,537Bank premises and fixed assets
  • $124,950Other real estate owned
  • $0Goodwill and other intangibles
  • $3,750,048Life insurance assets
  • $209,398All other assets
  • $2,847,927Total liabilities and capital
  • $2,445,597Total liabilities
  • $2,373,816Total deposits
  • $2,445,597Interest-bearing deposits
  • $98Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $277,066Trading liabilities
  • $0Other borrowed funds
  • $125,264Subordinated debt
  • $902,121All other liabilities
  • $902,100Total equity capital
  • $902,100Total bank equity capital
  • $0Perpetual preferred stock
  • $2,400Common stock
  • $404,500Surplus
  • $495,200Undivided profits
  • Memoranda
  • $21Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $512,486Income earned, not collected on loans
  • $0Earning assets
  • $11,868Long-term assets (5+ years)
  • $3,344,963Average Assets, year-to-date
  • $2,148,070Average Assets, quarterly
  • $3,656,810Volatile liabilities
  • $3,654,262Insider loans
  • $1,915,260FHLB advances
  • $3,966,035Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $903,552Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $9,585Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $265,575Total interest income
  • $25,807Total interest expense
  • $239,768Net interest income
  • $107,962Provision for loan and lease losses
  • $41,208Total noninterest income
  • $0Fiduciary activities
  • $376Service charges on deposit accounts
  • $0Trading account gains & fees
  • $40,832Additional noninterest income
  • $141,694Total noninterest expense
  • $54,176Salaries and employee benefits
  • $14,996Premises and equipment expense
  • $72,522Additional noninterest expense
  • $31,320Pre-tax net operating income
  • -$4,125Securities gains (losses)
  • $1,312Applicable income taxes
  • $25,883Income before extraordinary items
  • $0Extraordinary gains - net
  • $25,883Net income attributable to bank
  • $0Net charge-offs
  • $25,883Cash dividends
  • $44,927Sale, conversion, retirement of capital stock, net
  • $125,000Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.14%Yield on earning assets
  • 0.79%Cost of funding earning assets
  • 7.35%Net interest margin
  • 1.26%Noninterest income to earning assets
  • 4.34%Noninterest expense to earning assets
  • 0.81%Net operating income to assets
  • 0.71%Return on assets (ROA)
  • 0.74%Pretax return on assets
  • 3.24%Return on equity (ROE)
  • -12.40%Retained earnings to average equity (YTD only)
  • 1.90%Net charge-offs to loans
  • 240.31%Credit loss provision to net charge-offs
  • 3.10%Efficiency ratio
  • 50,429Assets per employee
  • 8.41%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 482.94%Loss allowance to loans
  • 3.93%Loss allowance to noncurrent loans
  • 20.66%Noncurrent assets plus other real estate owned to assets
  • 17.00%Noncurrent loans to loans
  • 19.02%Net loans and leases to deposits
  • 105.87%Net loans and leases to core deposits
  • 314.28%Equity capital to assets
  • 24.06%Core capital (leverage) ratio
  • 22.78%Tier 1 risk-based capital ratio
  • 47.18%Total risk-based capital ratio
  • Memoranda
  • $48Average assets
  • $3,656,810Average earning assets
  • $799,625Average equity
  • $3,261,234Average loans

Total Fiduciary and Related Assets (December 31, 2010)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $1Managed 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
  • 2Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $1Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 2 Alabama Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    156434073Www.Umbrellabank.comWww.Umbrellabank.com, Irondale, AL 35210August 01, 2004Full Service Cyber
    179520045Alabama Branch404 Hollywood Boulevard, Mountain Brook, AL 35209May 23, 2011Full Service Brick and Mortar
  • 1 Arizona Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    171510774Phoenix Branch7001 North Scottsdale Rd Suite 185, Scottsdale, AZ 85253August 24, 2009Full Service Brick and Mortar
  • 6 California Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    10638754Brentwood Branch11755 Wilshire Boulevard, Suite 10, Los Angeles, CA 90025March 01, 1982Full Service Brick and Mortar
    107261089Newport Beach Branch450 Newport Center Drive, Suite 150, Newport Beach, CA 92660May 30, 1995Full Service Brick and Mortar
    110430772San Francisco Branch180 Sansome Street, Suite 100, San Francisco, CA 94104April 07, 2004Full Service Brick and Mortar
    172510775San Diego Branch8880 Rio San Diego Dr Suite 103, San Diego, CA 92108December 07, 2009Full Service Brick and Mortar
    173510776Sacramento Branch2381 Fair Oaks Blvd Suite 8, Sacramento, CA 95825March 01, 2010Full Service Brick and Mortar
    183527472San Jose Branch5180-B Stevens Creek Blvd., San Jose, CA 95129December 05, 2011Full Service Brick and Mortar
  • 1 Colorado Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    164510767Denver Branch154 Steele Street, Denver, CO 80206October 12, 2009Full Service Brick and Mortar
  • 4 Florida Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    168510771Miami I Branch2610 Ponce De Leon Blvd, Coral Gables, FL 33134October 19, 2009Full Service Brick and Mortar
    169510772Tampa Branch4142 W Boy Scout Blvd Suite E-4, Tampa, FL 33607December 21, 2009Full Service Brick and Mortar
    178515159Orlando Branch400 W. Morse Boulevard, Winter Park, FL 32789December 27, 2010Full Service Brick and Mortar
    184527653Boca Raton Branch1200 Yamato Road Bay C-6, Boca Raton, FL 33431December 22, 2011Full Service Brick and Mortar
  • 1 Georgia Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    111499340Atlanta Branch4511 Olde Perimeter Way, Ste 110, Atlanta, GA 30346January 05, 2009Full Service Brick and Mortar
  • 2 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    163510766Chicago Branch3232 Lake Avenue #200, Wilmette, IL 60091August 24, 2009Full Service Brick and Mortar
    175511465Chicago Ii3041 Butterfield Road Suite 112, Oak Brook, IL 60523Febuary 01, 2010Full Service Brick and Mortar
  • 1 Kansas Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    165510768Kansas City Branch11934 Roe Avenue, Overland Park, KS 66209November 16, 2009Full Service Brick and Mortar
  • 2 Maryland Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    159510762Dc / Maryland Branch8213 Wisconsin Ave., Bethesda, MD 20814April 05, 2010Full Service Brick and Mortar
    180521473Baltimore Branch806 Dula Ney Valley Rd., Towson, MD 21204July 18, 2011Full Service Brick and Mortar
  • 1 Massachusetts Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    114499343Boston Branch161 Linden Street, Wellesley, MA 2482March 16, 2009Full Service Brick and Mortar
  • 1 Michigan Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    161510764Detroit Branch301 N Old Woodward Ave, Birmingham, MI 48009August 03, 2009Full Service Brick and Mortar
  • 1 Minnesota Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    166510769Minneapolis Branch7101 France Ave S, Suite 112, Edina, MN 55435December 21, 2009Full Service Brick and Mortar
  • 1 Missouri Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    112499341St. Louis Branch903 South Lindbergh Blvd, Frontenac, MO 63131January 26, 2009Full Service Brick and Mortar
  • 1 New Jersey Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    181522232Paramus Branch370 N State Highwy 17, Paramus, NJ 7652August 01, 2011Full Service Brick and Mortar
  • 1 New York Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    158510761New York Branch36 Mamaroneck Ave., White Plains, NY 10601July 13, 2009Full Service Brick and Mortar
  • 2 Ohio Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    162510765Cincinnati Branch7880 Montgomery Rd, Cincinnati, OH 45236September 14, 2009Full Service Brick and Mortar
    167510770Cleveland Branch3311 Richmond Rd Suite 100, Beachwood, OH 44122May 03, 2010Full Service Brick and Mortar
  • 1 Oregon Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    157510308Portland Branch10500 Sw Greenburg Road, Suite 100, Portland, OR 97223August 24, 2009Full Service Brick and Mortar
  • 2 Pennsylvania Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    113499342Philadelphia Branch150 Allendale Road Ste 300 Bldg 3, King Of Prussia, PA 19406March 16, 2009Full Service Brick and Mortar
    177515156Pittsburgh Branch1680 Washington Road, Suite 100, Pittsburgh, PA 15241December 27, 2010Full Service Brick and Mortar
  • 5 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    045408Beal Bank, Ssb6000 Legacy Drive, Plano, TX 75024March 10, 1988Full Service Brick and Mortar
    101288376Houston Branch2500 West Loop 610, Suite 100, Houston, TX 77027April 03, 1995Full Service Brick and Mortar
    103357192Internet Branch15770 North Dallas Parkway, Suite 100, Dallas, TX 75248October 29, 1999Full Service Cyber
    105360603Addison Branch15770 N. Dallas Parkway, Suite 100, Dallas, TX 75248Febuary 20, 2001Full Service Brick and Mortar
    109423444Preston Center5909 Berkshire Lane, Dallas, TX 75225September 29, 2003Full Service Brick and Mortar
  • 1 Virginia Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    160510763Dc / Virginia Branch8130 Boone Blvd Suite 115, Vienna, VA 22182August 24, 2009Full Service Brick and Mortar
  • 1 Washington Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    170510773Seattle Branch10900 N. E. 4th Street Suite 110, Bellevue, WA 98004April 13, 2009Full Service Brick and Mortar

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