First Federal Savings Bank of North Texas in Denton, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 31, 1998

  • First Federal Savings Bank of North Texas in Denton, Texas (TX)
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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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