FDIC Certificate #: 58710 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Vista Bank Texas (#20349) Federal Reserve ID: 3634433 Date Established: November 09, 2007 Bank Charter Class: Savings banks, state charter, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 463405 Numeric code: 41 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) FDIC Insured: Yes Insured Savings Institution: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: November 09, 2007 Last Structure Change Effective Date: July 01, 2011 Last Structure Change Process Date: July 06, 2011 Last Data Update: July 06, 2011 Data Source Date: April 05, 2012
Location
Address: 4690 Sweetwater Blvd., Sugar Land, TX 77479 County: Fort Bend Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Houston Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): Houston, TX (#3360) Consolidated Metropolitan Statistical Area (CMSA): Houston-Galveston-Brazoria, TX (#42) Combined Statistical Area (CSA): Houston-Baytown-Huntsville, TX (#288) Core Based Statistical Area (CBSA): Houston-Sugar Land-Baytown, TX (#26420) CBSA Metro Statistical Area: Houston-Sugar Land-Baytown, TX (#26420)
Financial Summary
Total assets: $124.0 mil
2000 - 2011 Historical total assets, liabilities and capital ($ 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)
$140,161Total assets
$29,887Cash and due from depository institutions
$26,851Interest-bearing balances
$10,275Securities
$10,250Federal funds sold & reverse repurchase agreements
$81,343Net loans & leases
$1,192Loan loss allowance
$0Trading account assets
$1,111Bank premises and fixed assets
$5,562Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,733All other assets
$140,161Total liabilities and capital
$123,112Total liabilities
$121,548Total deposits
$92,820Interest-bearing deposits
$121,548Deposits held in domestic offices
93.25%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$1,381Other borrowed funds
$0Subordinated debt
$183All other liabilities
$17,049Total equity capital
$17,049Total bank equity capital
$17,049Perpetual preferred stock
$0Common stock
$2,225Surplus
$19,730Undivided profits
Memoranda
$-4,906Noncurrent loans and leases
$10,077Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$288Average Assets, year-to-date
$128,719Average Assets, quarterly
$11,181Volatile liabilities
$132,846Insider loans
$142,918FHLB advances
$10,420Loans and leases held for sale
$8,419Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$10,077Total unused commitments
$994Restructured Loans and leases
$1,097Derivatives
Income and Expense (December 31, 2010)
Dollar figures in thousands
$5,504Total interest income
$1,531Total interest expense
$3,973Net interest income
$1,762Provision for loan and lease losses
$515Total noninterest income
$0Fiduciary activities
$99Service charges on deposit accounts
$0Trading account gains & fees
$416Additional noninterest income
$5,068Total noninterest expense
$2,252Salaries and employee benefits
$818Premises and equipment expense
$1,998Additional noninterest expense
-$2,342Pre-tax net operating income
$121Securities gains (losses)
$0Applicable income taxes
-$2,221Income before extraordinary items
$0Extraordinary gains - net
-$2,221Net income attributable to bank
$0Net charge-offs
-$2,221Cash dividends
$1,770Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2010)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.37%Yield on earning assets
1.21%Cost of funding earning assets
3.15%Net interest margin
0.41%Noninterest income to earning assets
4.02%Noninterest expense to earning assets
-1.76%Net operating income to assets
-1.67%Return on assets (ROA)
-1.67%Pretax return on assets
-13.34%Return on equity (ROE)
-13.34%Retained earnings to average equity (YTD only)
1.99%Net charge-offs to loans
99.55%Credit loss provision to net charge-offs
-0.33%Efficiency ratio
112,923Assets per employee
5.84%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.44%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
3.97%Noncurrent loans to loans
0.00%Net loans and leases to deposits
66.92%Net loans and leases to core deposits
73.20%Equity capital to assets
12.16%Core capital (leverage) ratio
11.56%Tier 1 risk-based capital ratio
18.65%Total risk-based capital ratio
Memoranda
$20Average assets
$132,846Average earning assets
$16,644Average equity
$126,056Average loans
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