FDIC Certificate #: 3239 Status: Inactive Closing history: Change in Geographic Region/Area/Territory/Field Office Acquiring institution:Vista Bank (#1210) Federal Reserve ID: 407252 Date Established: January 01, 1907 Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 2 (Interstate: No) OTS Docket #: 14693 FDIC's unique #: 2089 Numeric code: 13 Regulator: FED 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: January 02, 2002 Last Structure Change Process Date: May 03, 2002 Last Data Update: May 03, 2002 Data Source Date: April 05, 2012
Location
Address: 3000 Olton Road, Plainview, TX 79072 County: Hale Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Lubbock Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: West Core Based Statistical Area (CBSA): Plainview, TX (#38380) CBSA Micro Statistical Area: Yes
History of Changes
Merger - Without Assistance
Change in Geographic Region/Area/Territory/Field Office
Financial Summary
Total assets: $39.8 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2001)
Dollar figures in thousands
18Total employees (full-time equivalent)
$39,815Total assets
$2,953Cash and due from depository institutions
$1,088Interest-bearing balances
$10,964Securities
$10,375Federal funds sold & reverse repurchase agreements
$13,917Net loans & leases
$309Loan loss allowance
$0Trading account assets
$667Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$939All other assets
$39,815Total liabilities and capital
$36,641Total liabilities
$36,361Total deposits
$28,464Interest-bearing deposits
$36,361Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$92Other borrowed funds
$0Subordinated debt
$188All other liabilities
$3,174Total equity capital
$3,174Total bank equity capital
$3,174Perpetual preferred stock
$0Common stock
$202Surplus
$2,216Undivided profits
Memoranda
$756Noncurrent loans and leases
$2,751Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$367Earning assets
$0Long-term assets (5+ years)
$524Average Assets, year-to-date
$36,344Average Assets, quarterly
$5,009Volatile liabilities
$36,870Insider loans
$37,632FHLB advances
$6,095Loans and leases held for sale
$189Unused loan commitments
$92Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$2,751Total unused commitments
$0Restructured Loans and leases
$257Derivatives
Income and Expense (December 31, 2001)
Dollar figures in thousands
$2,317Total interest income
$937Total interest expense
$1,380Net interest income
$24Provision for loan and lease losses
$346Total noninterest income
$9Fiduciary activities
$257Service charges on deposit accounts
$0Trading account gains & fees
$80Additional noninterest income
$1,524Total noninterest expense
$873Salaries and employee benefits
$173Premises and equipment expense
$478Additional noninterest expense
$178Pre-tax net operating income
$0Securities gains (losses)
$45Applicable income taxes
$133Income before extraordinary items
$0Extraordinary gains - net
$133Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$1Sale, conversion, retirement of capital stock, net
$202Net operating income
Performance and Condition Ratios (December 31, 2001)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.98%Yield on earning assets
2.82%Cost of funding earning assets
4.16%Net interest margin
1.04%Noninterest income to earning assets
4.59%Noninterest expense to earning assets
0.36%Net operating income to assets
0.36%Return on assets (ROA)
0.48%Pretax return on assets
4.32%Return on equity (ROE)
-2.24%Retained earnings to average equity (YTD only)
-0.01%Net charge-offs to loans
-2400.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
88,297Assets per employee
2.21%Cash dividends to net income (YTD only)
Condition Ratios (%)
151.88%Loss allowance to loans
2.17%Loss allowance to noncurrent loans
84.20%Noncurrent assets plus other real estate owned to assets
0.92%Noncurrent loans to loans
2.58%Net loans and leases to deposits
38.27%Net loans and leases to core deposits
45.98%Equity capital to assets
7.97%Core capital (leverage) ratio
8.30%Tier 1 risk-based capital ratio
14.97%Total risk-based capital ratio
Memoranda
$16Average assets
$36,870Average earning assets
$3,076Average equity
$33,180Average loans
Total Fiduciary and Related Assets (December 31, 2001)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
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