Horizon Bank & Trust, SSB in Austin, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 12, 1997

  • Horizon Bank & Trust, SSB in Austin, Texas (TX)
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Horizon Bank & Trust, SSB - Overview

  • General
  • FDIC Certificate #: 32373
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Compass Bank (#27419)
    Federal Reserve ID: 226079
    Date Established: May 01, 1987
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 11 (Interstate: No)
    OTS Docket #: 8197
    FDIC's unique #: 45207
    Numeric code: 41
    Regulator: FDIC
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: Yes
    Date of Deposit Insurance: May 01, 1987
    Last Structure Change Effective Date: March 12, 1997
    Last Structure Change Process Date: April 02, 1997
    Last Data Update: April 02, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 5800 North Mopac Boulevard, Austin, TX 78731
    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: $162.0 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $122Total assets
  • $161,973Cash and due from depository institutions
  • $30,158Interest-bearing balances
  • $15,166Securities
  • $11,402Federal funds sold & reverse repurchase agreements
  • $250Net loans & leases
  • $110,686Loan loss allowance
  • $1,121Trading account assets
  • $0Bank premises and fixed assets
  • $7,166Other real estate owned
  • $135Goodwill and other intangibles
  • $1,833Life insurance assets
  • $343All other assets
  • $0Total liabilities and capital
  • $161,973Total liabilities
  • $151,175Total deposits
  • $150,109Interest-bearing deposits
  • $90,972Deposits held in domestic offices
  • 150109.00%% insured (estimated)
  • $74Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $1,066Total equity capital
  • $1,066Total bank equity capital
  • $10,798Perpetual preferred stock
  • $0Common stock
  • $1,400Surplus
  • $3,885Undivided profits
  • Memoranda
  • $5,513Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $318Income earned, not collected on loans
  • $891Earning assets
  • $137,504Long-term assets (5+ years)
  • $6,859Average Assets, year-to-date
  • $140,924Average Assets, quarterly
  • $152,226Volatile liabilities
  • $8,403Insider loans
  • $850FHLB advances
  • $0Loans and leases held for sale
  • $7,654Unused loan commitments
  • $71,976Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $10,472Total risk weighted assets
  • $105,996Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $12,272Total interest expense
  • $2,513Net interest income
  • $9,759Provision for loan and lease losses
  • $888Total noninterest income
  • $3,125Fiduciary activities
  • $0Service charges on deposit accounts
  • $1,417Trading account gains & fees
  • $0Additional noninterest income
  • $1,708Total noninterest expense
  • $10,419Salaries and employee benefits
  • $4,735Premises and equipment expense
  • $1,795Additional noninterest expense
  • $3,889Pre-tax net operating income
  • $1,577Securities gains (losses)
  • $0Applicable income taxes
  • $616Income before extraordinary items
  • $961Extraordinary gains - net
  • $0Net income attributable to bank
  • $961Net charge-offs
  • $381Cash dividends
  • $224Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 10.28%Cost of funding earning assets
  • 2.10%Net interest margin
  • 8.17%Noninterest income to earning assets
  • 2.62%Noninterest expense to earning assets
  • 8.73%Net operating income to assets
  • 0.68%Return on assets (ROA)
  • 0.68%Pretax return on assets
  • 1.12%Return on equity (ROE)
  • 9.08%Retained earnings to average equity (YTD only)
  • 6.96%Net charge-offs to loans
  • 0.38%Credit loss provision to net charge-offs
  • 233.07%Efficiency ratio
  • 80,612Assets per employee
  • 1.33%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 23.31%Loss allowance to loans
  • 1.00%Loss allowance to noncurrent loans
  • 352.52%Noncurrent assets plus other real estate owned to assets
  • 0.28%Noncurrent loans to loans
  • 0.28%Net loans and leases to deposits
  • 73.74%Net loans and leases to core deposits
  • 78.11%Equity capital to assets
  • 6.67%Core capital (leverage) ratio
  • 7.21%Tier 1 risk-based capital ratio
  • 9.88%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $140,924Average earning assets
  • $10,587Average equity
  • $119,399Average loans

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