Highland Lakes Bank in Kingsland, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 01, 2003

  • Highland Lakes Bank in Kingsland, Texas (TX)
  • Show street view No street view available for this location

Highland Lakes Bank - Overview

  • General
  • FDIC Certificate #: 18717
    Status: Inactive
    Closing history: Absorption - Without Assistance
    Acquiring institution: Franklin Bank, S.S.B. (#26870)
    Federal Reserve ID: 990156
    Date Established: March 07, 1963
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 12585
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: March 07, 1963
    Last Structure Change Effective Date: May 01, 2003
    Last Structure Change Process Date: August 12, 2003
    Last Data Update: August 12, 2003
    Data Source Date: April 05, 2012
  • Location
  • Address: Highway 1431 West, Kingsland, TX 78639
    County: Llano
    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
  • Financial Summary
  • Total assets: $78.3 mil

1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2002)

  • Dollar figures in thousands
  • 27Total employees (full-time equivalent)
  • $77,088Total assets
  • $1,507Cash and due from depository institutions
  • $0Interest-bearing balances
  • $998Securities
  • $48,500Federal funds sold & reverse repurchase agreements
  • $21,410Net loans & leases
  • $375Loan loss allowance
  • $0Trading account assets
  • $1,385Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $3,288All other assets
  • $77,088Total liabilities and capital
  • $66,558Total liabilities
  • $66,052Total deposits
  • $58,183Interest-bearing deposits
  • $66,052Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $67Other borrowed funds
  • $0Subordinated debt
  • $439All other liabilities
  • $10,530Total equity capital
  • $10,530Total bank equity capital
  • $10,530Perpetual preferred stock
  • $0Common stock
  • $1,000Surplus
  • $9,000Undivided profits
  • Memoranda
  • $530Noncurrent loans and leases
  • $2,204Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $906Earning assets
  • $51Long-term assets (5+ years)
  • $148Average Assets, year-to-date
  • $70,908Average Assets, quarterly
  • $5,790Volatile liabilities
  • $77,761Insider loans
  • $76,535FHLB advances
  • $7,202Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $2,204Total unused commitments
  • $0Restructured Loans and leases
  • $375Derivatives

Income and Expense (December 31, 2002)

  • Dollar figures in thousands
  • $3,587Total interest income
  • $1,651Total interest expense
  • $1,936Net interest income
  • $625Provision for loan and lease losses
  • $802Total noninterest income
  • $0Fiduciary activities
  • $111Service charges on deposit accounts
  • $0Trading account gains & fees
  • $691Additional noninterest income
  • $1,882Total noninterest expense
  • $1,256Salaries and employee benefits
  • $76Premises and equipment expense
  • $550Additional noninterest expense
  • $231Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $231Income before extraordinary items
  • $0Extraordinary gains - net
  • $231Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $560Sale, conversion, retirement of capital stock, net
  • $72Net operating income

Performance and Condition Ratios (December 31, 2002)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.98%Yield on earning assets
  • 2.29%Cost of funding earning assets
  • 2.69%Net interest margin
  • 1.11%Noninterest income to earning assets
  • 2.61%Noninterest expense to earning assets
  • 0.30%Net operating income to assets
  • 0.30%Return on assets (ROA)
  • 0.30%Pretax return on assets
  • 2.25%Return on equity (ROE)
  • 1.55%Retained earnings to average equity (YTD only)
  • 2.35%Net charge-offs to loans
  • 111.61%Credit loss provision to net charge-offs
  • 1.53%Efficiency ratio
  • 68,736Assets per employee
  • 2.86%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 31.17%Loss allowance to loans
  • 1.72%Loss allowance to noncurrent loans
  • 41.39%Noncurrent assets plus other real estate owned to assets
  • 1.18%Noncurrent loans to loans
  • 4.16%Net loans and leases to deposits
  • 32.41%Net loans and leases to core deposits
  • 36.34%Equity capital to assets
  • 13.66%Core capital (leverage) ratio
  • 13.65%Tier 1 risk-based capital ratio
  • 32.18%Total risk-based capital ratio
  • Memoranda
  • $33Average assets
  • $77,761Average earning assets
  • $10,271Average equity
  • $72,052Average loans

Comment about this bank, ask questions, or add new information about it:

CAPTCHA

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Highland Lakes Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents