FDIC Certificate #: 27492 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Compass Bank (#27419) Federal Reserve ID: 1418406 Date Established: May 04, 1989 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 4 (Interstate: No) OTS Docket #: 10709 FDIC's unique #: 40221 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: May 04, 1989 Last Structure Change Effective Date: August 01, 1998 Last Structure Change Process Date: August 12, 1998 Last Data Update: August 12, 1998 Data Source Date: April 05, 2012
Location
Address: 7709 Ranch Road 620 North, Austin, TX 78726 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: $111.6 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
60Total employees (full-time equivalent)
$109,667Total assets
$6,696Cash and due from depository institutions
$0Interest-bearing balances
$21,790Securities
$9,822Federal funds sold & reverse repurchase agreements
$68,349Net loans & leases
$1,005Loan loss allowance
$0Trading account assets
$2,139Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$871All other assets
$109,667Total liabilities and capital
$99,513Total liabilities
$95,793Total deposits
$68,551Interest-bearing deposits
$95,793Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$2,518Other borrowed funds
$0Subordinated debt
$1,202All other liabilities
$10,154Total equity capital
$10,154Total bank equity capital
$10,154Perpetual preferred stock
$0Common stock
$837Surplus
$4,163Undivided profits
Memoranda
$5,154Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$459Earning assets
$0Long-term assets (5+ years)
$413Average Assets, year-to-date
$99,961Average Assets, quarterly
$7,480Volatile liabilities
$104,513Insider loans
$108,959FHLB advances
$4,402Loans and leases held for sale
$24Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$373Total risk weighted assets
$15,450Total unused commitments
$0Restructured Loans and leases
$72,983Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$9,027Total interest income
$2,456Total interest expense
$6,571Net interest income
$0Provision for loan and lease losses
$722Total noninterest income
$0Fiduciary activities
$523Service charges on deposit accounts
$0Trading account gains & fees
$199Additional noninterest income
$4,337Total noninterest expense
$2,222Salaries and employee benefits
$541Premises and equipment expense
$1,574Additional noninterest expense
$2,956Pre-tax net operating income
$0Securities gains (losses)
$391Applicable income taxes
$2,565Income before extraordinary items
$0Extraordinary gains - net
$2,565Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$6Sale, conversion, retirement of capital stock, net
$2,369Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
9.40%Yield on earning assets
2.56%Cost of funding earning assets
6.84%Net interest margin
0.75%Noninterest income to earning assets
4.52%Noninterest expense to earning assets
2.45%Net operating income to assets
2.45%Return on assets (ROA)
2.83%Pretax return on assets
24.84%Return on equity (ROE)
1.90%Retained earnings to average equity (YTD only)
0.01%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
492.67%Efficiency ratio
59,468Assets per employee
1.83%Cash dividends to net income (YTD only)
Condition Ratios (%)
92.36%Loss allowance to loans
1.45%Loss allowance to noncurrent loans
218.95%Noncurrent assets plus other real estate owned to assets
0.42%Noncurrent loans to loans
0.66%Net loans and leases to deposits
71.35%Net loans and leases to core deposits
72.78%Equity capital to assets
9.26%Core capital (leverage) ratio
9.46%Tier 1 risk-based capital ratio
13.73%Total risk-based capital ratio
Memoranda
$15Average assets
$104,513Average earning assets
$10,325Average equity
$96,028Average loans
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