Frontier Bank of Texas in Elgin, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches


Frontier Bank of Texas - Overview

  • General
  • FDIC Certificate #: 58509
    Status: Active
    Federal Reserve ID: 3472046
    Date Established: June 11, 2007
    WWW: http://www.frontierbankoftexas.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 454915
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: June 11, 2007
    Last Structure Change Effective Date: December 17, 2008
    Last Structure Change Process Date: January 14, 2009
    Last Data Update: January 14, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 1213 Highway 290, Elgin, TX 78621
    County: Bastrop
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Austin
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Austin-San Marcos, TX (#640)
    Combined Statistical Area (CSA): Austin-Round Rock-Marble Falls, TX (#126)
    Core Based Statistical Area (CBSA): Austin-Round Rock-San Marcos, TX (#12420)
    CBSA Metro Statistical Area: Austin-Round Rock-San Marcos, TX (#12420)
  • Financial Summary
  • Total assets: $118.9 mil
    Equity capital: $24.7 mil
    Deposits held in domestic offices: $94.1 mil
    Return on assets (ROA): 0.12% ($0.1 mil)
    Quarterly return on assets: 0.24% ($0.3 mil)
    Return on Equity (ROE): 0.50% ($0.1 mil)
    Quarterly return on equity: 1.13% ($0.3 mil)
    Net income: $0.1 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.12% ($142.7 mil)
    Quarterly Pretax return on assets: 0.24% ($285.3 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, 2011)

  • Dollar figures in thousands
  • 23Total employees (full-time equivalent)
  • $118,885Total assets
  • $22,111Cash and due from depository institutions
  • $15,242Interest-bearing balances
  • $36,664Securities
  • $85Federal funds sold & reverse repurchase agreements
  • $53,787Net loans & leases
  • $276Loan loss allowance
  • $0Trading account assets
  • $5,674Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $118,885Life insurance assets
  • $564All other assets
  • $94,214Total liabilities and capital
  • $94,064Total liabilities
  • $80,953Total deposits
  • $94,064Interest-bearing deposits
  • $87Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $150Subordinated debt
  • $24,671All other liabilities
  • $24,671Total equity capital
  • $24,671Total bank equity capital
  • $0Perpetual preferred stock
  • $2,655Common stock
  • $23,062Surplus
  • $-1,046Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3Income earned, not collected on loans
  • $0Earning assets
  • $400Long-term assets (5+ years)
  • $105,778Average Assets, year-to-date
  • $32,522Average Assets, quarterly
  • $104,171Volatile liabilities
  • $114,690Insider loans
  • $56,602FHLB advances
  • $115,536Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $24,527Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $5,321Restructured Loans and leases
  • $6,081Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,981Total interest income
  • $841Total interest expense
  • $3,140Net interest income
  • $27Provision for loan and lease losses
  • $377Total noninterest income
  • $0Fiduciary activities
  • $180Service charges on deposit accounts
  • $0Trading account gains & fees
  • $197Additional noninterest income
  • $3,378Total noninterest expense
  • $1,434Salaries and employee benefits
  • $543Premises and equipment expense
  • $1,401Additional noninterest expense
  • $112Pre-tax net operating income
  • $10Securities gains (losses)
  • $0Applicable income taxes
  • $122Income before extraordinary items
  • $0Extraordinary gains - net
  • $122Net income attributable to bank
  • $0Net charge-offs
  • $122Cash dividends
  • $33Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.32%Yield on earning assets
  • 0.91%Cost of funding earning assets
  • 3.41%Net interest margin
  • 0.41%Noninterest income to earning assets
  • 3.67%Noninterest expense to earning assets
  • 0.11%Net operating income to assets
  • 0.12%Return on assets (ROA)
  • 0.12%Pretax return on assets
  • 0.50%Return on equity (ROE)
  • 0.50%Retained earnings to average equity (YTD only)
  • 0.07%Net charge-offs to loans
  • 81.82%Credit loss provision to net charge-offs
  • 4.21%Efficiency ratio
  • 96,048Assets per employee
  • 5.17%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.51%Loss allowance to noncurrent loans
  • 9200.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.01%Net loans and leases to deposits
  • 57.18%Net loans and leases to core deposits
  • 59.75%Equity capital to assets
  • 20.75%Core capital (leverage) ratio
  • 21.23%Tier 1 risk-based capital ratio
  • 43.33%Total risk-based capital ratio
  • Memoranda
  • $44Average assets
  • $104,171Average earning assets
  • $24,585Average equity
  • $92,055Average loans

List of branches

  • 2 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0454915Frontier Bank Of Texas1213 Highway 290, Elgin, TX 78621June 11, 2007Full Service Brick and Mortar
    1507788Bastrop Branch1500 Chestnut, Bastrop, TX 78602April 19, 2010Full Service Brick and Mortar

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