First Federal Savings Bank of North Texas - Overview
General
FDIC Certificate #: 29221 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Jefferson Heritage Bank (#30292) Federal Reserve ID: 842273 Date Established: November 01, 1934 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 3120 FDIC's unique #: 42055 Numeric code: 33 Regulator: OTS Insurance Fund Membership: Savings Association Insurance Fund (SAIF) FDIC Insured: Yes SAIF Insured: Yes Insured Savings Institution: Yes State Chartered: No Date of Deposit Insurance: December 20, 1934 Last Structure Change Effective Date: December 31, 1998 Last Structure Change Process Date: Febuary 03, 1999 Last Data Update: Febuary 03, 1999 Data Source Date: April 05, 2012
Location
Address: 321 West Oak Street, Denton, TX 76201 County: Denton Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Kansas City 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: $608.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
165Total employees (full-time equivalent)
$573,162Total assets
$11,670Cash and due from depository institutions
$3,460Interest-bearing balances
$102,559Securities
$9,870Federal funds sold & reverse repurchase agreements
$405,525Net loans & leases
$5,584Loan loss allowance
$0Trading account assets
$7,140Bank premises and fixed assets
$2,993Other real estate owned
$23,893Goodwill and other intangibles
$0Life insurance assets
$9,512All other assets
$573,162Total liabilities and capital
$510,766Total liabilities
$488,794Total deposits
$478,506Interest-bearing deposits
$488,794Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$20,326Other borrowed funds
$0Subordinated debt
$1,646All other liabilities
$62,396Total equity capital
$62,396Total bank equity capital
$62,396Perpetual preferred stock
$0Common stock
$0Surplus
$54,876Undivided profits
Memoranda
$7,520Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$5,866Earning assets
$0Long-term assets (5+ years)
$2,970Average Assets, year-to-date
$521,414Average Assets, quarterly
$0Volatile liabilities
$566,486Insider loans
$578,998FHLB advances
$53,457Loans and leases held for sale
$684Unused loan commitments
$18,079Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$36,271Total unused commitments
$0Restructured Loans and leases
$346,929Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$45,726Total interest income
$25,586Total interest expense
$20,140Net interest income
$840Provision for loan and lease losses
$1,898Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$1,898Additional noninterest income
$13,754Total noninterest expense
$6,974Salaries and employee benefits
$1,808Premises and equipment expense
$4,972Additional noninterest expense
$7,444Pre-tax net operating income
$339Securities gains (losses)
$3,503Applicable income taxes
$4,280Income before extraordinary items
$0Extraordinary gains - net
$4,280Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$1,328Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.84%Yield on earning assets
4.95%Cost of funding earning assets
3.89%Net interest margin
0.37%Noninterest income to earning assets
2.66%Noninterest expense to earning assets
0.72%Net operating income to assets
0.76%Return on assets (ROA)
1.37%Pretax return on assets
7.43%Return on equity (ROE)
7.43%Retained earnings to average equity (YTD only)
0.31%Net charge-offs to loans
63.25%Credit loss provision to net charge-offs
6.24%Efficiency ratio
54,647Assets per employee
3.47%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.36%Loss allowance to noncurrent loans
95.19%Noncurrent assets plus other real estate owned to assets
1.55%Noncurrent loans to loans
1.43%Net loans and leases to deposits
82.96%Net loans and leases to core deposits
89.00%Equity capital to assets
10.89%Core capital (leverage) ratio
6.95%Tier 1 risk-based capital ratio
10.99%Total risk-based capital ratio
Memoranda
$12Average assets
$566,486Average earning assets
$57,620Average equity
$517,315Average loans
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