Mainland Bank in Texas City, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches


Mainland Bank - Overview

  • General
  • FDIC Certificate #: 16308
    Status: Active
    Federal Reserve ID: 539667
    Date Established: September 14, 1945
    WWW: http://www.mainlandbank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 11759
    FDIC's unique #: 10495
    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: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: September 14, 1945
    Last Structure Change Effective Date: April 22, 2010
    Last Structure Change Process Date: April 22, 2010
    Last Data Update: April 22, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 2831 Palmer Highway, Texas City, TX 77590
    County: Galveston
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Houston
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Galveston-Texas City, TX (#2920)
    Consolidated Metropolitan Statistical Area (CMSA): Houston-Galveston-Brazoria, TX (#42)
    Combined Statistical Area (CSA): Houston-Baytown-Huntsville, TX (#288)
    Core Based Statistical Area (CBSA): Houston-Sugar Land-Baytown, TX (#26420)
    CBSA Metro Statistical Area: Houston-Sugar Land-Baytown, TX (#26420)
  • Financial Summary
  • Total assets: $90.3 mil
    Equity capital: $8.7 mil
    Deposits held in domestic offices: $75.4 mil
    Return on assets (ROA): 2.55% ($2.3 mil)
    Quarterly return on assets: 2.69% ($2.4 mil)
    Return on Equity (ROE): 28.17% ($2.5 mil)
    Quarterly return on equity: 28.43% ($2.6 mil)
    Net income: $2.4 mil
    Quarterly Net income: $0.6 mil
    Pretax return on assets: 2.55% ($2,303.2 mil)
    Quarterly Pretax return on assets: 2.69% ($2,429.6 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
  • 19Total employees (full-time equivalent)
  • $90,321Total assets
  • $2,514Cash and due from depository institutions
  • $9Interest-bearing balances
  • $21,153Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $63,440Net loans & leases
  • $933Loan loss allowance
  • $0Trading account assets
  • $1,686Bank premises and fixed assets
  • $85Other real estate owned
  • $0Goodwill and other intangibles
  • $90,321Life insurance assets
  • $1,443All other assets
  • $81,612Total liabilities and capital
  • $75,393Total liabilities
  • $47,269Total deposits
  • $75,393Interest-bearing deposits
  • $90Deposits held in domestic offices
  • 3975.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $2,244Subordinated debt
  • $8,709All other liabilities
  • $8,709Total equity capital
  • $8,709Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $6,353Surplus
  • $2,356Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $233Income earned, not collected on loans
  • $0Earning assets
  • $327Long-term assets (5+ years)
  • $84,602Average Assets, year-to-date
  • $24,465Average Assets, quarterly
  • $94,352Volatile liabilities
  • $92,357Insider loans
  • $65,274FHLB advances
  • $94,635Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $7,977Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $7,408Restructured Loans and leases
  • $136Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,164Total interest income
  • $364Total interest expense
  • $4,800Net interest income
  • $120Provision for loan and lease losses
  • $525Total noninterest income
  • $0Fiduciary activities
  • $473Service charges on deposit accounts
  • $0Trading account gains & fees
  • $52Additional noninterest income
  • $3,035Total noninterest expense
  • $1,742Salaries and employee benefits
  • $364Premises and equipment expense
  • $929Additional noninterest expense
  • $2,170Pre-tax net operating income
  • $235Securities gains (losses)
  • $0Applicable income taxes
  • $2,405Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,405Net income attributable to bank
  • $0Net charge-offs
  • $2,405Cash dividends
  • $71Sale, conversion, retirement of capital stock, net
  • $2,445Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.85%Yield on earning assets
  • 0.41%Cost of funding earning assets
  • 5.44%Net interest margin
  • 0.60%Noninterest income to earning assets
  • 3.44%Noninterest expense to earning assets
  • 2.30%Net operating income to assets
  • 2.55%Return on assets (ROA)
  • 2.55%Pretax return on assets
  • 28.17%Return on equity (ROE)
  • -0.47%Retained earnings to average equity (YTD only)
  • 0.12%Net charge-offs to loans
  • 169.01%Credit loss provision to net charge-offs
  • 32.25%Efficiency ratio
  • 56,995Assets per employee
  • 4.75%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 101.66%Loss allowance to loans
  • 1.45%Loss allowance to noncurrent loans
  • 400.43%Noncurrent assets plus other real estate owned to assets
  • 0.35%Noncurrent loans to loans
  • 0.36%Net loans and leases to deposits
  • 84.15%Net loans and leases to core deposits
  • 91.09%Equity capital to assets
  • 9.64%Core capital (leverage) ratio
  • 8.43%Tier 1 risk-based capital ratio
  • 12.22%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $94,352Average earning assets
  • $8,538Average equity
  • $88,227Average loans

Total Fiduciary and Related Assets (December 31, 2007)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $4,167Managed Assets
  • 1Number of Accounts
  • $4,167Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $4,167Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 2Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 2 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    010495Mainland Bank2831 Palmer Highway, Texas City, TX 77590September 14, 1945Full Service Brick and Mortar
    1480031Dickinson Branch400 Fm 517 West, Dickinson, TX 77539September 01, 2006Full Service Brick and Mortar

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