I Bank Texas, SSB in Austin, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • I Bank Texas, SSB in Austin, Texas (TX)
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I Bank Texas, SSB - Overview

  • General
  • FDIC Certificate #: 58014
    Status: Active
    Federal Reserve ID: 3344536
    Bank Holding Company (Regulatory Top Holder): I Bank Holding Company, Inc. (RSSDID: 3711576, Location: Lakeway, TX)
    Date Established: June 06, 2005
    WWW: http://www.ibanktexas.com
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 433867
    Numeric code: 41
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: 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: Commercial Lending Specialization
    Date of Deposit Insurance: June 06, 2005
    Last Structure Change Effective Date: January 01, 2011
    Last Structure Change Process Date: January 05, 2011
    Last Data Update: January 05, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 3209 Ranch Road 620 South, Austin, TX 78738
    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)
  • History of Changes
  • Name Change
  • Financial Summary
  • Total assets: $155.0 mil
    Equity capital: $21.1 mil
    Deposits held in domestic offices: $121.2 mil
    Return on assets (ROA): 1.53% ($2.4 mil)
    Quarterly return on assets: 1.47% ($2.3 mil)
    Return on Equity (ROE): 11.94% ($2.5 mil)
    Quarterly return on equity: 10.95% ($2.3 mil)
    Net income: $2.4 mil
    Quarterly Net income: $0.6 mil
    Pretax return on assets: 2.33% ($3,612.1 mil)
    Quarterly Pretax return on assets: 2.23% ($3,457.1 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
  • 19Total employees (full-time equivalent)
  • $155,026Total assets
  • $28,827Cash and due from depository institutions
  • $25,422Interest-bearing balances
  • $0Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $121,499Net loans & leases
  • $2,410Loan loss allowance
  • $0Trading account assets
  • $1,671Bank premises and fixed assets
  • $287Other real estate owned
  • $0Goodwill and other intangibles
  • $155,026Life insurance assets
  • $2,742All other assets
  • $133,891Total liabilities and capital
  • $121,205Total liabilities
  • $114,216Total deposits
  • $121,205Interest-bearing deposits
  • $81Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $12,500Trading liabilities
  • $0Other borrowed funds
  • $186Subordinated debt
  • $21,135All other liabilities
  • $21,135Total equity capital
  • $21,135Total bank equity capital
  • $0Perpetual preferred stock
  • $8,080Common stock
  • $6,191Surplus
  • $6,864Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,083Income earned, not collected on loans
  • $0Earning assets
  • $390Long-term assets (5+ years)
  • $146,921Average Assets, year-to-date
  • $3,867Average Assets, quarterly
  • $155,498Volatile liabilities
  • $155,220Insider loans
  • $102,707FHLB advances
  • $156,008Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $21,135Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $20,955Restructured Loans and leases
  • $3Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $8,185Total interest income
  • $1,544Total interest expense
  • $6,641Net interest income
  • $535Provision for loan and lease losses
  • $48Total noninterest income
  • $0Fiduciary activities
  • $35Service charges on deposit accounts
  • $0Trading account gains & fees
  • $13Additional noninterest income
  • $2,533Total noninterest expense
  • $1,483Salaries and employee benefits
  • $221Premises and equipment expense
  • $829Additional noninterest expense
  • $3,621Pre-tax net operating income
  • $0Securities gains (losses)
  • $1,240Applicable income taxes
  • $2,381Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,381Net income attributable to bank
  • $0Net charge-offs
  • $2,381Cash dividends
  • $177Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.55%Yield on earning assets
  • 1.05%Cost of funding earning assets
  • 4.50%Net interest margin
  • 0.03%Noninterest income to earning assets
  • 1.72%Noninterest expense to earning assets
  • 1.53%Net operating income to assets
  • 1.53%Return on assets (ROA)
  • 2.33%Pretax return on assets
  • 11.94%Return on equity (ROE)
  • 11.94%Retained earnings to average equity (YTD only)
  • 0.14%Net charge-offs to loans
  • 302.26%Credit loss provision to net charge-offs
  • 23.48%Efficiency ratio
  • 37,868Assets per employee
  • 8.16%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.94%Loss allowance to noncurrent loans
  • 78.17%Noncurrent assets plus other real estate owned to assets
  • 2.17%Noncurrent loans to loans
  • 2.49%Net loans and leases to deposits
  • 100.24%Net loans and leases to core deposits
  • 103.55%Equity capital to assets
  • 13.63%Core capital (leverage) ratio
  • 13.55%Tier 1 risk-based capital ratio
  • 20.58%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $155,498Average earning assets
  • $19,948Average equity
  • $147,439Average loans

List of branches

  • 2 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0433867I Bank Texas, Ssb3209 Ranch Road 620 South, Austin, TX 78738June 06, 2005Full Service Brick and Mortar
    14453063613 Williams Drive #2013613 Williams Drive #201, Georgetown, TX 78628September 19, 2005Full Service Brick and Mortar

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