FIRSTBANK in Dallas, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 18, 1998

  • FIRSTBANK in Dallas, Texas (TX)
  • Show street view No street view available for this location

FIRSTBANK - Overview

  • General
  • FDIC Certificate #: 33700
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Colonial Bank (#9609)
    Federal Reserve ID: 1992317
    Date Established: October 01, 1992
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 47808
    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: October 01, 1992
    Last Structure Change Effective Date: September 18, 1998
    Last Structure Change Process Date: October 29, 1998
    Last Data Update: March 15, 2000
    Data Source Date: April 05, 2012
  • Location
  • Address: 15150 Preston Road, Dallas, TX 75248
    County: Dallas
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Atlanta
    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
  • Merger - Without Assistance
    Participated in Reorganization
    Corrections
  • Financial Summary
  • Total assets: $172.9 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 18Total employees (full-time equivalent)
  • $144,994Total assets
  • $12,813Cash and due from depository institutions
  • $0Interest-bearing balances
  • $42,491Securities
  • $42,643Federal funds sold & reverse repurchase agreements
  • $46,166Net loans & leases
  • $594Loan loss allowance
  • $0Trading account assets
  • $41Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $840All other assets
  • $144,994Total liabilities and capital
  • $136,726Total liabilities
  • $125,603Total deposits
  • $69,430Interest-bearing deposits
  • $125,603Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $10,811Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $312All other liabilities
  • $8,268Total equity capital
  • $8,268Total bank equity capital
  • $8,268Perpetual preferred stock
  • $0Common stock
  • $1,700Surplus
  • $4,800Undivided profits
  • Memoranda
  • $1,768Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $0Long-term assets (5+ years)
  • $242Average Assets, year-to-date
  • $131,300Average Assets, quarterly
  • $7,157Volatile liabilities
  • $121,684Insider loans
  • $135,284FHLB advances
  • $16,672Loans and leases held for sale
  • $495Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $26,781Total unused commitments
  • $0Restructured Loans and leases
  • $54,817Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $7,864Total interest income
  • $2,740Total interest expense
  • $5,124Net interest income
  • $67Provision for loan and lease losses
  • $184Total noninterest income
  • $0Fiduciary activities
  • $147Service charges on deposit accounts
  • $0Trading account gains & fees
  • $37Additional noninterest income
  • $2,261Total noninterest expense
  • $1,426Salaries and employee benefits
  • $120Premises and equipment expense
  • $715Additional noninterest expense
  • $2,980Pre-tax net operating income
  • $0Securities gains (losses)
  • $190Applicable income taxes
  • $2,790Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,790Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $1,034Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.26%Yield on earning assets
  • 2.53%Cost of funding earning assets
  • 4.73%Net interest margin
  • 0.17%Noninterest income to earning assets
  • 2.09%Noninterest expense to earning assets
  • 2.29%Net operating income to assets
  • 2.29%Return on assets (ROA)
  • 2.45%Pretax return on assets
  • 38.60%Return on equity (ROE)
  • 24.30%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 42,596Assets per employee
  • 8.06%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 37.06%Loss allowance to loans
  • 1.27%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 36.76%Net loans and leases to core deposits
  • 38.55%Equity capital to assets
  • 5.70%Core capital (leverage) ratio
  • 6.35%Tier 1 risk-based capital ratio
  • 14.85%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $121,684Average earning assets
  • $7,228Average equity
  • $108,351Average loans

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