Liberty Bank in Hurst, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches


Liberty Bank - Overview

  • General
  • FDIC Certificate #: 26457
    Status: Active
    Federal Reserve ID: 708164
    Bank Holding Company (Regulatory Top Holder): Liberty Bancshares, Inc. (RSSDID: 3716151, Location: Fort Worth, TX)
    Date Established: December 02, 1985
    WWW: http://www.libertydfw.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 7 (Domestic: 7, Interstate: No)
    OTS Docket #: 15610
    FDIC's unique #: 33112
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: 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: December 02, 1985
    Last Structure Change Effective Date: November 28, 2011
    Last Structure Change Process Date: December 14, 2011
    Last Data Update: December 14, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 860 W. Airport Freeway, Suite 100, Hurst, TX 76054
    County: Tarrant
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Dallas
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Fort Worth-Arlington, TX (#2800)
    Consolidated Metropolitan Statistical Area (CMSA): Dallas-Fort Worth, TX (#31)
    Combined Statistical Area (CSA): Dallas-Fort Worth, TX (#206)
    Core Based Statistical Area (CBSA): Dallas-Fort Worth-Arlington, TX (#19100)
    CBSA Metro Statistical Area: Dallas-Fort Worth-Arlington, TX (#19100)
    Core Based Statistical Division: Fort Worth-Arlington, TX (#23104)
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $308.0 mil
    Equity capital: $42.5 mil
    Deposits held in domestic offices: $262.8 mil
    Return on assets (ROA): 0.21% ($0.6 mil)
    Quarterly return on assets: 0.27% ($0.8 mil)
    Return on Equity (ROE): 1.47% ($0.6 mil)
    Quarterly return on equity: 1.97% ($0.8 mil)
    Net income: $0.6 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 0.35% ($1,078.1 mil)
    Quarterly Pretax return on assets: 0.46% ($1,416.9 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, 2011)

  • Dollar figures in thousands
  • 66Total employees (full-time equivalent)
  • $308,022Total assets
  • $32,791Cash and due from depository institutions
  • $27,838Interest-bearing balances
  • $46,856Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $202,833Net loans & leases
  • $2,643Loan loss allowance
  • $0Trading account assets
  • $5,422Bank premises and fixed assets
  • $949Other real estate owned
  • $15,287Goodwill and other intangibles
  • $308,021Life insurance assets
  • $3,884All other assets
  • $265,510Total liabilities and capital
  • $262,794Total liabilities
  • $203,565Total deposits
  • $262,794Interest-bearing deposits
  • $84Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $1,440Trading liabilities
  • $0Other borrowed funds
  • $1,276Subordinated debt
  • $42,511All other liabilities
  • $42,511Total equity capital
  • $42,511Total bank equity capital
  • $0Perpetual preferred stock
  • $1,500Common stock
  • $41,689Surplus
  • $-678Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,452Income earned, not collected on loans
  • $459Earning assets
  • $831Long-term assets (5+ years)
  • $277,527Average Assets, year-to-date
  • $64,098Average Assets, quarterly
  • $295,355Volatile liabilities
  • $308,822Insider loans
  • $200,820FHLB advances
  • $293,950Loans and leases held for sale
  • $669Unused loan commitments
  • $669Tier 1 (core) risk-based capital
  • $25,748Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $45,010Restructured Loans and leases
  • $7,112Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $13,191Total interest income
  • $2,192Total interest expense
  • $10,999Net interest income
  • $799Provision for loan and lease losses
  • $1,163Total noninterest income
  • $0Fiduciary activities
  • $844Service charges on deposit accounts
  • $0Trading account gains & fees
  • $319Additional noninterest income
  • $10,465Total noninterest expense
  • $5,544Salaries and employee benefits
  • $1,716Premises and equipment expense
  • $3,205Additional noninterest expense
  • $898Pre-tax net operating income
  • $134Securities gains (losses)
  • $422Applicable income taxes
  • $610Income before extraordinary items
  • $0Extraordinary gains - net
  • $610Net income attributable to bank
  • $0Net charge-offs
  • $610Cash dividends
  • $139Sale, conversion, retirement of capital stock, net
  • $365Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.00%Yield on earning assets
  • 0.83%Cost of funding earning assets
  • 4.17%Net interest margin
  • 0.44%Noninterest income to earning assets
  • 3.96%Noninterest expense to earning assets
  • 0.18%Net operating income to assets
  • 0.21%Return on assets (ROA)
  • 0.35%Pretax return on assets
  • 1.47%Return on equity (ROE)
  • 0.59%Retained earnings to average equity (YTD only)
  • 0.07%Net charge-offs to loans
  • 574.82%Credit loss provision to net charge-offs
  • 12.21%Efficiency ratio
  • 81,755Assets per employee
  • 4.67%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 59.84%Loss allowance to loans
  • 1.29%Loss allowance to noncurrent loans
  • 76.56%Noncurrent assets plus other real estate owned to assets
  • 1.43%Noncurrent loans to loans
  • 1.68%Net loans and leases to deposits
  • 77.18%Net loans and leases to core deposits
  • 99.36%Equity capital to assets
  • 13.80%Core capital (leverage) ratio
  • 8.76%Tier 1 risk-based capital ratio
  • 12.82%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $295,355Average earning assets
  • $41,622Average equity
  • $263,963Average loans

List of branches

  • 7 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    033112Liberty Bank860 W. Airport Freeway, Suite 100, Hurst, TX 76054December 02, 1985Full Service Brick and Mortar
    2340791Grapevine Hwy Branch7001 Grapevine Highway, North Richland Hills, TX 76182June 12, 2000Full Service Brick and Mortar
    3358463Liberty Bank Mobile Branch8009 Davis Boulevard, North Richland Hills, TX 76180October 10, 2000Limited Service Mobile
    4425104Liberty Airport Branch860 W. Airport Freeway, Hurst, TX 76054January 26, 2004Full Service Brick and Mortar
    5477904Westside Branch2424 Merrick Street, Fort Worth, TX 76107January 30, 2008Full Service Brick and Mortar
    6489678Summit Branch3880 Hulen Street, Fort Worth, TX 76107January 05, 2009Full Service Brick and Mortar
    75274675801 Davis Boulevard Branch5801 Davis Boulevard, North Richland Hills, TX 76180November 28, 2011Full Service Brick and Mortar

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