Cedar Creek Bank in Seven Points, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 04, 2004

  • Cedar Creek Bank in Seven Points, Texas (TX)
  • Show street view No street view available for this location

Cedar Creek Bank - Overview

  • General
  • FDIC Certificate #: 18853
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Franklin Bank, S.S.B. (#26870)
    Federal Reserve ID: 480862
    Date Established: July 22, 1963
    WWW: http://www.cedarcreekbank.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Interstate: No)
    OTS Docket #: 10850
    FDIC's unique #: 12708
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: August 01, 1963
    Last Structure Change Effective Date: December 04, 2004
    Last Structure Change Process Date: January 13, 2005
    Last Data Update: January 13, 2005
    Data Source Date: April 05, 2012
  • Location
  • Address: Highway 85, Seven Points, TX 75143
    County: Henderson
    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): Athens, TX (#11980)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $104.9 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, 2003)

  • Dollar figures in thousands
  • 50Total employees (full-time equivalent)
  • $104,266Total assets
  • $16,880Cash and due from depository institutions
  • $13,672Interest-bearing balances
  • $28,849Securities
  • $600Federal funds sold & reverse repurchase agreements
  • $52,545Net loans & leases
  • $651Loan loss allowance
  • $0Trading account assets
  • $1,899Bank premises and fixed assets
  • $89Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $3,404All other assets
  • $104,266Total liabilities and capital
  • $93,342Total liabilities
  • $92,895Total deposits
  • $69,897Interest-bearing deposits
  • $92,895Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $447All other liabilities
  • $10,924Total equity capital
  • $10,924Total bank equity capital
  • $10,924Perpetual preferred stock
  • $0Common stock
  • $185Surplus
  • $4,815Undivided profits
  • Memoranda
  • $5,924Noncurrent loans and leases
  • $8,610Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $211Earning assets
  • $115Long-term assets (5+ years)
  • $542Average Assets, year-to-date
  • $95,666Average Assets, quarterly
  • $13,051Volatile liabilities
  • $104,235Insider loans
  • $104,425FHLB advances
  • $11,711Loans and leases held for sale
  • $1,349Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $8,610Total unused commitments
  • $0Restructured Loans and leases
  • $651Derivatives

Income and Expense (December 31, 2003)

  • Dollar figures in thousands
  • $5,458Total interest income
  • $1,173Total interest expense
  • $4,285Net interest income
  • $50Provision for loan and lease losses
  • $1,177Total noninterest income
  • $0Fiduciary activities
  • $934Service charges on deposit accounts
  • $0Trading account gains & fees
  • $243Additional noninterest income
  • $4,032Total noninterest expense
  • $2,226Salaries and employee benefits
  • $580Premises and equipment expense
  • $1,226Additional noninterest expense
  • $1,380Pre-tax net operating income
  • $4Securities gains (losses)
  • $0Applicable income taxes
  • $1,384Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,384Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $196Sale, conversion, retirement of capital stock, net
  • $1,155Net operating income

Performance and Condition Ratios (December 31, 2003)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.70%Yield on earning assets
  • 1.22%Cost of funding earning assets
  • 4.47%Net interest margin
  • 1.23%Noninterest income to earning assets
  • 4.21%Noninterest expense to earning assets
  • 1.32%Net operating income to assets
  • 1.33%Return on assets (ROA)
  • 1.33%Pretax return on assets
  • 12.47%Return on equity (ROE)
  • 2.06%Retained earnings to average equity (YTD only)
  • 0.36%Net charge-offs to loans
  • 25.51%Credit loss provision to net charge-offs
  • 7.30%Efficiency ratio
  • 73,819Assets per employee
  • 2.09%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 83.45%Loss allowance to loans
  • 1.22%Loss allowance to noncurrent loans
  • 308.53%Noncurrent assets plus other real estate owned to assets
  • 0.29%Noncurrent loans to loans
  • 0.40%Net loans and leases to deposits
  • 56.56%Net loans and leases to core deposits
  • 64.72%Equity capital to assets
  • 10.48%Core capital (leverage) ratio
  • 10.09%Tier 1 risk-based capital ratio
  • 17.08%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $104,235Average earning assets
  • $11,096Average equity
  • $95,798Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Cedar Creek Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents