FDIC Certificate #: 32333 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Texas State Bank (#23346) Federal Reserve ID: 241773 Date Established: June 12, 1985 WWW:http://www.mercantiledfw.com Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 8155 FDIC's unique #: 45167 Numeric code: 33 Regulator: OTS Insurance Fund Membership: Savings Association Insurance Fund (SAIF) FDIC Insured: Yes SAIF Insured: Yes Insured Savings Institution: Yes State Chartered: No Date of Deposit Insurance: June 12, 1985 Last Structure Change Effective Date: January 14, 2005 Last Structure Change Process Date: March 10, 2005 Last Data Update: March 10, 2005 Data Source Date: April 05, 2012
Location
Address: 5820 W. Northwest Highway, Dallas, TX 75225 County: Dallas 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): Dallas, TX (#1920) 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: Dallas-Plano-Irving, TX (#19124)
Financial Summary
Total assets: $179.1 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2004)
Dollar figures in thousands
36Total employees (full-time equivalent)
$179,076Total assets
$54,443Cash and due from depository institutions
$52,967Interest-bearing balances
$500Securities
$0Federal funds sold & reverse repurchase agreements
$117,807Net loans & leases
$917Loan loss allowance
$0Trading account assets
$4,699Bank premises and fixed assets
$0Other real estate owned
$4Goodwill and other intangibles
$0Life insurance assets
$1,623All other assets
$179,076Total liabilities and capital
$165,172Total liabilities
$163,832Total deposits
$136,226Interest-bearing deposits
$163,832Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$148Other borrowed funds
$0Subordinated debt
$1,192All other liabilities
$13,904Total equity capital
$13,904Total bank equity capital
$13,904Perpetual preferred stock
$0Common stock
$270Surplus
$9,546Undivided profits
Memoranda
$4,088Noncurrent loans and leases
$9,983Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$502Average Assets, year-to-date
$171,274Average Assets, quarterly
$0Volatile liabilities
$173,862Insider loans
$174,677FHLB advances
$103,641Loans and leases held for sale
$1,614Unused loan commitments
$148Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$9,983Total unused commitments
$38Restructured Loans and leases
$917Derivatives
Income and Expense (December 31, 2004)
Dollar figures in thousands
$7,508Total interest income
$2,950Total interest expense
$4,558Net interest income
$0Provision for loan and lease losses
$840Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$840Additional noninterest income
$5,448Total noninterest expense
$2,803Salaries and employee benefits
$1,046Premises and equipment expense
$1,599Additional noninterest expense
-$50Pre-tax net operating income
-$195Securities gains (losses)
-$84Applicable income taxes
-$161Income before extraordinary items
$0Extraordinary gains - net
-$161Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$2Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2004)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.51%Yield on earning assets
1.77%Cost of funding earning assets
2.74%Net interest margin
0.50%Noninterest income to earning assets
3.27%Noninterest expense to earning assets
-0.02%Net operating income to assets
-0.09%Return on assets (ROA)
-0.14%Pretax return on assets
-1.14%Return on equity (ROE)
-1.14%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
-25.00%Efficiency ratio
100,889Assets per employee
4.97%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.77%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
71.91%Net loans and leases to core deposits
195.24%Equity capital to assets
7.76%Core capital (leverage) ratio
7.76%Tier 1 risk-based capital ratio
13.06%Total risk-based capital ratio
Memoranda
$14Average assets
$173,862Average earning assets
$14,125Average equity
$166,459Average loans
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