Fidelity Bank in Plano, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 23, 2011

  • Fidelity Bank in Plano, Texas (TX)
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Fidelity Bank - Overview

  • General
  • FDIC Certificate #: 35266
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Veritex Community Bank, National Association (#57665)
    Federal Reserve ID: 2841702
    Date Established: December 15, 1999
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    FDIC's unique #: 77230
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: December 15, 1999
    Last Structure Change Effective Date: March 23, 2011
    Last Structure Change Process Date: March 30, 2011
    Last Data Update: March 30, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 5049 West Park Boulevard, Plano, TX 75093
    County: Collin
    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
    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)
  • Financial Summary
  • Total assets: $144.7 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, 2010)

  • Dollar figures in thousands
  • 24Total employees (full-time equivalent)
  • $144,740Total assets
  • $21,655Cash and due from depository institutions
  • $19,309Interest-bearing balances
  • $4,486Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $107,266Net loans & leases
  • $1,490Loan loss allowance
  • $0Trading account assets
  • $6,734Bank premises and fixed assets
  • $721Other real estate owned
  • $2,652Goodwill and other intangibles
  • $0Life insurance assets
  • $1,226All other assets
  • $144,740Total liabilities and capital
  • $123,545Total liabilities
  • $122,924Total deposits
  • $97,561Interest-bearing deposits
  • $122,924Deposits held in domestic offices
  • 76.69%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $621All other liabilities
  • $21,195Total equity capital
  • $21,195Total bank equity capital
  • $21,195Perpetual preferred stock
  • $0Common stock
  • $15,886Surplus
  • $3,430Undivided profits
  • Memoranda
  • $1,879Noncurrent loans and leases
  • $9,603Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,371Earning assets
  • $0Long-term assets (5+ years)
  • $369Average Assets, year-to-date
  • $131,061Average Assets, quarterly
  • $39,030Volatile liabilities
  • $153,081Insider loans
  • $150,110FHLB advances
  • $28,068Loans and leases held for sale
  • $4,067Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $9,603Total unused commitments
  • $0Restructured Loans and leases
  • $1,344Derivatives

Income and Expense (December 31, 2010)

  • Dollar figures in thousands
  • $6,869Total interest income
  • $1,386Total interest expense
  • $5,483Net interest income
  • $573Provision for loan and lease losses
  • $90Total noninterest income
  • $0Fiduciary activities
  • $43Service charges on deposit accounts
  • $0Trading account gains & fees
  • $47Additional noninterest income
  • $4,343Total noninterest expense
  • $2,288Salaries and employee benefits
  • $593Premises and equipment expense
  • $1,462Additional noninterest expense
  • $657Pre-tax net operating income
  • -$186Securities gains (losses)
  • $158Applicable income taxes
  • $313Income before extraordinary items
  • $0Extraordinary gains - net
  • $313Net income attributable to bank
  • $0Net charge-offs
  • $313Cash dividends
  • $370Sale, conversion, retirement of capital stock, net
  • $281Net operating income

Performance and Condition Ratios (December 31, 2010)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.92%Yield on earning assets
  • 0.99%Cost of funding earning assets
  • 3.93%Net interest margin
  • 0.06%Noninterest income to earning assets
  • 3.11%Noninterest expense to earning assets
  • 0.28%Net operating income to assets
  • 0.20%Return on assets (ROA)
  • 0.31%Pretax return on assets
  • 1.53%Return on equity (ROE)
  • 0.16%Retained earnings to average equity (YTD only)
  • 0.33%Net charge-offs to loans
  • 154.86%Credit loss provision to net charge-offs
  • 3.32%Efficiency ratio
  • 77,212Assets per employee
  • 6.03%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 89.78%Loss allowance to loans
  • 1.37%Loss allowance to noncurrent loans
  • 108.68%Noncurrent assets plus other real estate owned to assets
  • 1.45%Noncurrent loans to loans
  • 1.26%Net loans and leases to deposits
  • 87.26%Net loans and leases to core deposits
  • 113.08%Equity capital to assets
  • 14.64%Core capital (leverage) ratio
  • 12.65%Tier 1 risk-based capital ratio
  • 18.06%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $153,081Average earning assets
  • $20,436Average equity
  • $139,575Average loans

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