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)
  • Show street view No street view available for this location

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

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 Fidelity Bank.
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