Collin Bank in Frisco, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches


Collin Bank - Overview

  • General
  • FDIC Certificate #: 58610
    Status: Active
    Federal Reserve ID: 3560756
    Date Established: Febuary 21, 2008
    WWW: http://www.collinbank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 458330
    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: Commercial Lending Specialization
    Date of Deposit Insurance: Febuary 21, 2008
    Last Structure Change Effective Date: January 18, 2012
    Last Structure Change Process Date: January 18, 2012
    Last Data Update: January 18, 2012
    Data Source Date: April 05, 2012
  • Location
  • Address: 8802 Coleman Blvd., Frisco, TX 75034
    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)
  • Financial Summary
  • Total assets: $207.3 mil
    Equity capital: $26.0 mil
    Deposits held in domestic offices: $155.8 mil
    Return on assets (ROA): 0.04% ($0.1 mil)
    Quarterly return on assets: -0.43% (-$0.9 mil)
    Return on Equity (ROE): 0.30% ($0.1 mil)
    Quarterly return on equity: -3.32% (-$0.9 mil)
    Net income: $0.1 mil
    Quarterly Net income: -$0.2 mil
    Pretax return on assets: 0.04% ($82.9 mil)
    Quarterly Pretax return on assets: -0.43% (-$891.5 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
  • 34Total employees (full-time equivalent)
  • $207,322Total assets
  • $9,566Cash and due from depository institutions
  • $6,487Interest-bearing balances
  • $81,161Securities
  • $138Federal funds sold & reverse repurchase agreements
  • $108,347Net loans & leases
  • $1,471Loan loss allowance
  • $0Trading account assets
  • $791Bank premises and fixed assets
  • $3,541Other real estate owned
  • $0Goodwill and other intangibles
  • $207,322Life insurance assets
  • $3,778All other assets
  • $181,346Total liabilities and capital
  • $155,849Total liabilities
  • $136,952Total deposits
  • $155,849Interest-bearing deposits
  • $71Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $25,000Trading liabilities
  • $0Other borrowed funds
  • $497Subordinated debt
  • $25,976All other liabilities
  • $25,976Total equity capital
  • $25,976Total bank equity capital
  • $0Perpetual preferred stock
  • $14,536Common stock
  • $13,709Surplus
  • $-2,269Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,010Income earned, not collected on loans
  • $0Earning assets
  • $880Long-term assets (5+ years)
  • $196,133Average Assets, year-to-date
  • $99,539Average Assets, quarterly
  • $195,956Volatile liabilities
  • $204,529Insider loans
  • $132,974FHLB advances
  • $200,793Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $26,097Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $11,922Restructured Loans and leases
  • $638Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $8,955Total interest income
  • $2,188Total interest expense
  • $6,767Net interest income
  • $801Provision for loan and lease losses
  • -$647Total noninterest income
  • $0Fiduciary activities
  • $41Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$688Additional noninterest income
  • $6,081Total noninterest expense
  • $3,228Salaries and employee benefits
  • $656Premises and equipment expense
  • $2,197Additional noninterest expense
  • -$762Pre-tax net operating income
  • $842Securities gains (losses)
  • $0Applicable income taxes
  • $80Income before extraordinary items
  • $0Extraordinary gains - net
  • $80Net income attributable to bank
  • $0Net charge-offs
  • $80Cash dividends
  • $1,878Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.73%Yield on earning assets
  • 1.16%Cost of funding earning assets
  • 3.57%Net interest margin
  • -0.34%Noninterest income to earning assets
  • 3.21%Noninterest expense to earning assets
  • -0.39%Net operating income to assets
  • 0.04%Return on assets (ROA)
  • 0.04%Pretax return on assets
  • 0.30%Return on equity (ROE)
  • 0.30%Retained earnings to average equity (YTD only)
  • 1.59%Net charge-offs to loans
  • 42.65%Credit loss provision to net charge-offs
  • 0.02%Efficiency ratio
  • 99,363Assets per employee
  • 6.10%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.34%Loss allowance to noncurrent loans
  • 73.18%Noncurrent assets plus other real estate owned to assets
  • 2.68%Noncurrent loans to loans
  • 1.83%Net loans and leases to deposits
  • 69.52%Net loans and leases to core deposits
  • 98.67%Equity capital to assets
  • 12.53%Core capital (leverage) ratio
  • 13.00%Tier 1 risk-based capital ratio
  • 19.63%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $195,956Average earning assets
  • $26,438Average equity
  • $189,342Average loans

List of branches

  • 2 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0458330Collin Bank8802 Coleman Blvd., Frisco, TX 75034Febuary 21, 2008Full Service Brick and Mortar
    1521310Plano Branch2701 Dallas Parkway, Suite 100, Plano, TX 75093July 05, 2011Full Service Brick and Mortar

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