FDIC Certificate #: 24189 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Compass Bank (#19048) Federal Reserve ID: 277259 Date Established: November 01, 1982 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 6 (Interstate: No) OTS Docket #: 10431 FDIC's unique #: 16843 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: No Date of Deposit Insurance: November 01, 1982 Last Structure Change Effective Date: October 21, 1999 Last Structure Change Process Date: November 12, 1999 Last Data Update: November 12, 1999 Data Source Date: April 05, 2012
Location
Address: 10711 Burnet Road, Austin, TX 78758 County: Travis 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: $300.1 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
102Total employees (full-time equivalent)
$300,641Total assets
$24,514Cash and due from depository institutions
$205Interest-bearing balances
$86,797Securities
$12,500Federal funds sold & reverse repurchase agreements
$167,059Net loans & leases
$1,947Loan loss allowance
$0Trading account assets
$7,064Bank premises and fixed assets
$192Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$2,515All other assets
$300,641Total liabilities and capital
$278,276Total liabilities
$261,397Total deposits
$182,284Interest-bearing deposits
$261,397Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$15,466Other borrowed funds
$0Subordinated debt
$1,413All other liabilities
$22,365Total equity capital
$22,365Total bank equity capital
$22,365Perpetual preferred stock
$1,872Common stock
$187Surplus
$2,134Undivided profits
Memoranda
$18,172Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,946Earning assets
$0Long-term assets (5+ years)
$815Average Assets, year-to-date
$266,561Average Assets, quarterly
$90,794Volatile liabilities
$273,631Insider loans
$295,347FHLB advances
$23,123Loans and leases held for sale
$1,077Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$22,985Total unused commitments
$0Restructured Loans and leases
$199,745Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$21,585Total interest income
$8,078Total interest expense
$13,507Net interest income
$360Provision for loan and lease losses
$1,921Total noninterest income
$0Fiduciary activities
$1,425Service charges on deposit accounts
$0Trading account gains & fees
$496Additional noninterest income
$8,620Total noninterest expense
$4,873Salaries and employee benefits
$1,196Premises and equipment expense
$2,551Additional noninterest expense
$6,448Pre-tax net operating income
$20Securities gains (losses)
$2,205Applicable income taxes
$4,263Income before extraordinary items
$0Extraordinary gains - net
$4,263Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$135Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.74%Yield on earning assets
3.27%Cost of funding earning assets
5.47%Net interest margin
0.78%Noninterest income to earning assets
3.49%Noninterest expense to earning assets
1.55%Net operating income to assets
1.56%Return on assets (ROA)
2.36%Pretax return on assets
20.87%Return on equity (ROE)
20.87%Retained earnings to average equity (YTD only)
-0.08%Net charge-offs to loans
-266.67%Credit loss provision to net charge-offs
0.00%Efficiency ratio
55,872Assets per employee
2.95%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.15%Loss allowance to noncurrent loans
100.05%Noncurrent assets plus other real estate owned to assets
0.71%Noncurrent loans to loans
1.15%Net loans and leases to deposits
63.91%Net loans and leases to core deposits
68.67%Equity capital to assets
7.44%Core capital (leverage) ratio
7.61%Tier 1 risk-based capital ratio
11.18%Total risk-based capital ratio
Memoranda
$12Average assets
$273,631Average earning assets
$20,429Average equity
$246,895Average loans
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