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

This bank is inactive as of July 15, 2005

  • Elgin Bank of Texas in Elgin, Texas (TX)
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Elgin Bank of Texas - Overview

  • General
  • FDIC Certificate #: 3185
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Franklin Bank, S.S.B. (#26870)
    Federal Reserve ID: 667355
    Date Established: January 01, 1891
    WWW: http://www.elginbank.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    FDIC's unique #: 2047
    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: January 01, 1934
    Last Structure Change Effective Date: July 15, 2005
    Last Structure Change Process Date: October 19, 2005
    Last Data Update: October 19, 2005
    Data Source Date: April 05, 2012
  • Location
  • Address: 31 North Main Street, Elgin, TX 78621
    County: Bastrop
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Austin
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Austin-San Marcos, TX (#640)
    Combined Statistical Area (CSA): Austin-Round Rock-Marble Falls, TX (#126)
    Core Based Statistical Area (CBSA): Austin-Round Rock-San Marcos, TX (#12420)
    CBSA Metro Statistical Area: Austin-Round Rock-San Marcos, TX (#12420)
  • Financial Summary
  • Total assets: $85.1 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, 2004)

  • Dollar figures in thousands
  • 46Total employees (full-time equivalent)
  • $84,471Total assets
  • $6,731Cash and due from depository institutions
  • $0Interest-bearing balances
  • $27,541Securities
  • $2,962Federal funds sold & reverse repurchase agreements
  • $42,671Net loans & leases
  • $625Loan loss allowance
  • $0Trading account assets
  • $1,929Bank premises and fixed assets
  • $0Other real estate owned
  • $3Goodwill and other intangibles
  • $0Life insurance assets
  • $2,634All other assets
  • $84,471Total liabilities and capital
  • $74,281Total liabilities
  • $73,853Total deposits
  • $58,985Interest-bearing deposits
  • $73,853Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $428All other liabilities
  • $10,190Total equity capital
  • $10,190Total bank equity capital
  • $10,190Perpetual preferred stock
  • $0Common stock
  • $400Surplus
  • $3,600Undivided profits
  • Memoranda
  • $6,190Noncurrent loans and leases
  • $3,153Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $556Earning assets
  • $0Long-term assets (5+ years)
  • $532Average Assets, year-to-date
  • $73,174Average Assets, quarterly
  • $18,173Volatile liabilities
  • $83,589Insider loans
  • $83,677FHLB advances
  • $4,908Loans and leases held for sale
  • $991Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $3,153Total unused commitments
  • $10Restructured Loans and leases
  • $624Derivatives

Income and Expense (December 31, 2004)

  • Dollar figures in thousands
  • $4,376Total interest income
  • $726Total interest expense
  • $3,650Net interest income
  • $0Provision for loan and lease losses
  • $560Total noninterest income
  • $0Fiduciary activities
  • $351Service charges on deposit accounts
  • $0Trading account gains & fees
  • $209Additional noninterest income
  • $3,400Total noninterest expense
  • $1,812Salaries and employee benefits
  • $446Premises and equipment expense
  • $1,142Additional noninterest expense
  • $810Pre-tax net operating income
  • $0Securities gains (losses)
  • $192Applicable income taxes
  • $618Income before extraordinary items
  • $0Extraordinary gains - net
  • $618Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $20Sale, conversion, retirement of capital stock, net
  • $600Net operating income

Performance and Condition Ratios (December 31, 2004)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.07%Yield on earning assets
  • 1.01%Cost of funding earning assets
  • 5.06%Net interest margin
  • 0.78%Noninterest income to earning assets
  • 4.72%Noninterest expense to earning assets
  • 0.74%Net operating income to assets
  • 0.74%Return on assets (ROA)
  • 0.97%Pretax return on assets
  • 6.01%Return on equity (ROE)
  • 0.17%Retained earnings to average equity (YTD only)
  • 0.05%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 40.50%Efficiency ratio
  • 80,689Assets per employee
  • 1.84%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 97.09%Loss allowance to loans
  • 1.44%Loss allowance to noncurrent loans
  • 112.41%Noncurrent assets plus other real estate owned to assets
  • 0.66%Noncurrent loans to loans
  • 1.28%Net loans and leases to deposits
  • 57.78%Net loans and leases to core deposits
  • 61.89%Equity capital to assets
  • 12.06%Core capital (leverage) ratio
  • 12.17%Tier 1 risk-based capital ratio
  • 20.50%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $83,589Average earning assets
  • $10,290Average equity
  • $72,094Average loans

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