First Colony Bank in city_name, state_name - Detailed Financial Reports, Location

First Colony Bank in The Colony, Texas (TX)
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First Colony Bank - Overview

General
FDIC Certificate #: 22985
Status: Inactive
Closing history: Corrections
Acquiring institution: First State Bank of Texas (#10348)
Federal Reserve ID: 474861
Date Established: November 19, 1979
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 16086
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: November 19, 1979
Last Structure Change Effective Date: July 08, 1995
Last Structure Change Process Date: November 02, 1995
Last Data Update: November 02, 1995
Data Source Date: April 05, 2012
Location
Address: 5200 Paige Road, The Colony, TX 75056
County: Denton
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)
History of Changes
Merger - Without Assistance
Participated in Reorganization
Corrections
Financial Summary
Total assets: $28.6 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$25Total assets
$28,719Cash and due from depository institutions
$1,776Interest-bearing balances
$159Securities
$11,274Federal funds sold & reverse repurchase agreements
$1,205Net loans & leases
$13,046Loan loss allowance
$451Trading account assets
$0Bank premises and fixed assets
$811Other real estate owned
$264Goodwill and other intangibles
$343Life insurance assets
$0All other assets
$0Total liabilities and capital
$28,719Total liabilities
$26,577Total deposits
$26,503Interest-bearing deposits
$23,131Deposits held in domestic offices
26503.00%% insured (estimated)
$97Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$74Total equity capital
$74Total bank equity capital
$2,142Perpetual preferred stock
$425Common stock
$1,106Surplus
$1,477Undivided profits
Memoranda
$-866Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$250Income earned, not collected on loans
$65Earning assets
$25,684Long-term assets (5+ years)
$2,978Average Assets, year-to-date
$31,479Average Assets, quarterly
$29,722Volatile liabilities
$900Insider loans
$112FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$905Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$2,399Total risk weighted assets
$14,543Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$2,289Total interest expense
$930Net interest income
$1,359Provision for loan and lease losses
$130Total noninterest income
$775Fiduciary activities
$0Service charges on deposit accounts
$687Trading account gains & fees
$0Additional noninterest income
$88Total noninterest expense
$1,832Salaries and employee benefits
$767Premises and equipment expense
$299Additional noninterest expense
$766Pre-tax net operating income
$172Securities gains (losses)
$4Applicable income taxes
-$88Income before extraordinary items
$264Extraordinary gains - net
$0Net income attributable to bank
$264Net charge-offs
$201Cash dividends
$0Sale, conversion, retirement of capital stock, net
$457Net operating income

Performance and Condition Ratios (December 31, 1994)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.00%Cost of funding earning assets
3.25%Net interest margin
4.75%Noninterest income to earning assets
2.71%Noninterest expense to earning assets
6.41%Net operating income to assets
0.83%Return on assets (ROA)
0.84%Pretax return on assets
0.56%Return on equity (ROE)
14.10%Retained earnings to average equity (YTD only)
14.10%Net charge-offs to loans
1.23%Credit loss provision to net charge-offs
64.68%Efficiency ratio
85,848Assets per employee
1.15%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.34%Loss allowance to noncurrent loans
180.40%Noncurrent assets plus other real estate owned to assets
1.79%Noncurrent loans to loans
1.85%Net loans and leases to deposits
49.22%Net loans and leases to core deposits
50.95%Equity capital to assets
7.46%Core capital (leverage) ratio
8.22%Tier 1 risk-based capital ratio
16.50%Total risk-based capital ratio
Memoranda
$18Average assets
$31,479Average earning assets
$1,873Average equity
$28,596Average loans

First Colony Bank in The Colony, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Colony Bank - Overview

Assets and Liabilities (December 31, 1994)

Income and Expense (December 31, 1994)

Performance and Condition Ratios (December 31, 1994)

Comment about this bank, ask questions, or add new information about it:

First Colony Bank in The Colony, Texas (TX)Overview, Financial Summary, Detailed Financial Reports, Branches

First Colony Bank - Overview

Assets and Liabilities (December 31, 1994)

Income and Expense (December 31, 1994)

Performance and Condition Ratios (December 31, 1994)

Comment about this bank, ask questions, or add new information about it:

First Colony Bank in The Colony, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches