First American Savings Bank, SSB in Bedford, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 18, 1996

  • First American Savings Bank, SSB in Bedford, Texas (TX)
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First American Savings Bank, SSB - Overview

  • General
  • FDIC Certificate #: 32500
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Norwest Bank Texas, North Central (#16593)
    Federal Reserve ID: 51271
    Date Established: October 06, 1986
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 4 (Interstate: No)
    OTS Docket #: 8341
    FDIC's unique #: 45334
    Numeric code: 41
    Regulator: FDIC
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: Yes
    Date of Deposit Insurance: October 06, 1986
    Last Structure Change Effective Date: April 18, 1996
    Last Structure Change Process Date: May 07, 1996
    Last Data Update: May 07, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 1903 Central Drive, Bedford, TX 76021
    County: Tarrant
    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): Fort Worth-Arlington, TX (#2800)
    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: Fort Worth-Arlington, TX (#23104)
  • Financial Summary
  • Total assets: $162.9 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $71Total assets
  • $150,210Cash and due from depository institutions
  • $7,504Interest-bearing balances
  • $3,909Securities
  • $8,640Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $126,058Loan loss allowance
  • $674Trading account assets
  • $0Bank premises and fixed assets
  • $4,335Other real estate owned
  • $1,141Goodwill and other intangibles
  • $2,515Life insurance assets
  • $17All other assets
  • $0Total liabilities and capital
  • $150,210Total liabilities
  • $138,655Total deposits
  • $136,570Interest-bearing deposits
  • $127,815Deposits held in domestic offices
  • 136570.00%% insured (estimated)
  • $95Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,125Subordinated debt
  • $0All other liabilities
  • $960Total equity capital
  • $960Total bank equity capital
  • $11,555Perpetual preferred stock
  • $0Common stock
  • $2,749Surplus
  • $850Undivided profits
  • Memoranda
  • $7,956Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $836Income earned, not collected on loans
  • $1,067Earning assets
  • $138,607Long-term assets (5+ years)
  • $29,135Average Assets, year-to-date
  • $150,220Average Assets, quarterly
  • $150,701Volatile liabilities
  • $20,328Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $1,758Unused loan commitments
  • $26,065Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $11,538Total risk weighted assets
  • $100,056Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $12,911Total interest expense
  • $6,583Net interest income
  • $6,328Provision for loan and lease losses
  • $143Total noninterest income
  • $1,185Fiduciary activities
  • $0Service charges on deposit accounts
  • $443Trading account gains & fees
  • $0Additional noninterest income
  • $742Total noninterest expense
  • $4,609Salaries and employee benefits
  • $2,604Premises and equipment expense
  • $359Additional noninterest expense
  • $1,646Pre-tax net operating income
  • $2,761Securities gains (losses)
  • $0Applicable income taxes
  • $1,016Income before extraordinary items
  • $1,745Extraordinary gains - net
  • $0Net income attributable to bank
  • $1,745Net charge-offs
  • $18Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 9.26%Cost of funding earning assets
  • 4.72%Net interest margin
  • 4.54%Noninterest income to earning assets
  • 0.85%Noninterest expense to earning assets
  • 3.31%Net operating income to assets
  • 1.16%Return on assets (ROA)
  • 1.16%Pretax return on assets
  • 1.84%Return on equity (ROE)
  • 16.36%Retained earnings to average equity (YTD only)
  • 16.36%Net charge-offs to loans
  • 0.01%Credit loss provision to net charge-offs
  • 794.44%Efficiency ratio
  • 61,280Assets per employee
  • 2.12%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.53%Loss allowance to noncurrent loans
  • 80.62%Noncurrent assets plus other real estate owned to assets
  • 1.32%Noncurrent loans to loans
  • 0.66%Net loans and leases to deposits
  • 92.30%Net loans and leases to core deposits
  • 108.44%Equity capital to assets
  • 7.69%Core capital (leverage) ratio
  • 7.68%Tier 1 risk-based capital ratio
  • 11.53%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $150,220Average earning assets
  • $10,665Average equity
  • $139,453Average loans

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