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
  • 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

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 FIRSTBANK.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents