Cypress Bank, SSB in Pittsburg, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Cypress Bank, SSB in Pittsburg, Texas (TX)
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Cypress Bank, SSB - Overview

  • General
  • FDIC Certificate #: 31905
    Status: Active
    Federal Reserve ID: 729178
    Date Established: January 01, 1976
    WWW: http://www.cypressbanktx.com
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    OTS Docket #: 7589
    FDIC's unique #: 44739
    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: No
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: September 27, 1977
    Last Structure Change Effective Date: October 01, 2011
    Last Structure Change Process Date: Febuary 07, 2012
    Last Data Update: Febuary 07, 2012
    Data Source Date: April 05, 2012
  • Location
  • Address: 120 South Greer Blvd, Pittsburg, TX 75686
    County: Camp
    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
  • History of Changes
  • Name Change
    Change in Primary Regulatory Agency
    Change in Supervisory Agency
  • Financial Summary
  • Total assets: $165.9 mil
    Equity capital: $13.5 mil
    Deposits held in domestic offices: $126.9 mil
    Return on assets (ROA): 0.59% ($1.0 mil)
    Quarterly return on assets: 0.64% ($1.1 mil)
    Return on Equity (ROE): 7.57% ($1.0 mil)
    Quarterly return on equity: 7.99% ($1.0 mil)
    Net income: $1.0 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 0.83% ($1,376.8 mil)
    Quarterly Pretax return on assets: 0.92% ($1,526.1 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
  • 56Total employees (full-time equivalent)
  • $165,881Total assets
  • $4,683Cash and due from depository institutions
  • $1,990Interest-bearing balances
  • $45,876Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $107,181Net loans & leases
  • $1,070Loan loss allowance
  • $0Trading account assets
  • $2,576Bank premises and fixed assets
  • $483Other real estate owned
  • $276Goodwill and other intangibles
  • $165,881Life insurance assets
  • $4,806All other assets
  • $152,393Total liabilities and capital
  • $126,926Total liabilities
  • $116,288Total deposits
  • $126,926Interest-bearing deposits
  • $98Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $24,440Trading liabilities
  • $0Other borrowed funds
  • $1,027Subordinated debt
  • $13,488All other liabilities
  • $13,488Total equity capital
  • $13,488Total bank equity capital
  • $0Perpetual preferred stock
  • $1,029Common stock
  • $3,702Surplus
  • $8,757Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $147Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $274Income earned, not collected on loans
  • $0Earning assets
  • $833Long-term assets (5+ years)
  • $155,047Average Assets, year-to-date
  • $72,950Average Assets, quarterly
  • $166,599Volatile liabilities
  • $166,891Insider loans
  • $88,160FHLB advances
  • $174,345Loans and leases held for sale
  • $2,002Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $13,294Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $2,002Total unused commitments
  • $5,139Restructured Loans and leases
  • $1,373Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $9,417Total interest income
  • $2,759Total interest expense
  • $6,658Net interest income
  • $438Provision for loan and lease losses
  • $178Total noninterest income
  • $0Fiduciary activities
  • $55Service charges on deposit accounts
  • $0Trading account gains & fees
  • $123Additional noninterest income
  • $5,028Total noninterest expense
  • $2,896Salaries and employee benefits
  • $555Premises and equipment expense
  • $1,577Additional noninterest expense
  • $1,370Pre-tax net operating income
  • $18Securities gains (losses)
  • $399Applicable income taxes
  • $989Income before extraordinary items
  • $0Extraordinary gains - net
  • $989Net income attributable to bank
  • $0Net charge-offs
  • $989Cash dividends
  • $284Sale, conversion, retirement of capital stock, net
  • $195Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.06%Yield on earning assets
  • 1.77%Cost of funding earning assets
  • 4.28%Net interest margin
  • 0.11%Noninterest income to earning assets
  • 3.23%Noninterest expense to earning assets
  • 0.59%Net operating income to assets
  • 0.59%Return on assets (ROA)
  • 0.83%Pretax return on assets
  • 7.57%Return on equity (ROE)
  • 6.08%Retained earnings to average equity (YTD only)
  • 0.26%Net charge-offs to loans
  • 154.23%Credit loss provision to net charge-offs
  • 6.37%Efficiency ratio
  • 73,552Assets per employee
  • 2.96%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 19.72%Loss allowance to loans
  • 0.99%Loss allowance to noncurrent loans
  • 390.51%Noncurrent assets plus other real estate owned to assets
  • 0.46%Noncurrent loans to loans
  • 0.25%Net loans and leases to deposits
  • 84.44%Net loans and leases to core deposits
  • 86.70%Equity capital to assets
  • 8.13%Core capital (leverage) ratio
  • 7.63%Tier 1 risk-based capital ratio
  • 15.08%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $166,599Average earning assets
  • $13,066Average equity
  • $155,523Average loans

List of branches

  • 4 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    044739Cypress Bank, Ssb120 South Greer Blvd, Pittsburg, TX 75686January 01, 1976Full Service Brick and Mortar
    101286227110 N Main Branch110 N Main, Lone Star, TX 75668January 01, 1976Full Service Brick and Mortar
    102286228Live Oak At Washington Branch1702 Live Oak, Commerce, TX 75428January 01, 1976Full Service Brick and Mortar
    10340994801 N Jefferson Branch801 N. Jefferson, Mount Pleasant, TX 75455January 01, 1919Full Service Brick and Mortar

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