Meridian Bank Texas in Fort Worth, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches


Meridian Bank Texas - Overview

  • General
  • FDIC Certificate #: 11895
    Status: Active
    Federal Reserve ID: 3565265
    Bank Holding Company (Regulatory Top Holder): Marquette Financial Companies (RSSDID: 1123193, Location: Minneapolis, MN)
    Date Established: April 09, 1907
    WWW: http://www.meridianbanktexas.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 10439
    FDIC's unique #: 7597
    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: January 01, 1934
    Last Structure Change Effective Date: October 29, 2008
    Last Structure Change Process Date: September 28, 2009
    Last Data Update: September 28, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 100 Lexington Street, Suite 100, Fort Worth, TX 76102
    County: Tarrant
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Kansas City
    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
    Corrections
  • Financial Summary
  • Total assets: $271.0 mil
    Equity capital: $33.9 mil
    Deposits held in domestic offices: $231.1 mil
    Return on assets (ROA): 0.82% ($2.2 mil)
    Quarterly return on assets: 0.49% ($1.3 mil)
    Return on Equity (ROE): 6.49% ($2.2 mil)
    Quarterly return on equity: 3.89% ($1.3 mil)
    Net income: $2.1 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 0.82% ($2,222.3 mil)
    Quarterly Pretax return on assets: 0.49% ($1,328.0 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
  • 37Total employees (full-time equivalent)
  • $271,018Total assets
  • $10,883Cash and due from depository institutions
  • $7,051Interest-bearing balances
  • $79,709Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $171,832Net loans & leases
  • $2,848Loan loss allowance
  • $0Trading account assets
  • $3,113Bank premises and fixed assets
  • $2,900Other real estate owned
  • $300Goodwill and other intangibles
  • $271,018Life insurance assets
  • $2,281All other assets
  • $237,161Total liabilities and capital
  • $231,107Total liabilities
  • $193,450Total deposits
  • $231,107Interest-bearing deposits
  • $90Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $5,000Trading liabilities
  • $0Other borrowed funds
  • $1,054Subordinated debt
  • $33,857All other liabilities
  • $33,857Total equity capital
  • $33,857Total bank equity capital
  • $0Perpetual preferred stock
  • $2,411Common stock
  • $27,589Surplus
  • $3,857Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $5,709Income earned, not collected on loans
  • $0Earning assets
  • $911Long-term assets (5+ years)
  • $258,592Average Assets, year-to-date
  • $99,509Average Assets, quarterly
  • $258,501Volatile liabilities
  • $267,540Insider loans
  • $197,450FHLB advances
  • $270,580Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $31,926Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $32,853Restructured Loans and leases
  • $2Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $12,169Total interest income
  • $2,793Total interest expense
  • $9,376Net interest income
  • $790Provision for loan and lease losses
  • $469Total noninterest income
  • $0Fiduciary activities
  • $375Service charges on deposit accounts
  • $0Trading account gains & fees
  • $94Additional noninterest income
  • $7,552Total noninterest expense
  • $4,493Salaries and employee benefits
  • $708Premises and equipment expense
  • $2,351Additional noninterest expense
  • $1,503Pre-tax net operating income
  • $604Securities gains (losses)
  • $0Applicable income taxes
  • $2,107Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,107Net income attributable to bank
  • $0Net charge-offs
  • $2,107Cash dividends
  • $122Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.92%Yield on earning assets
  • 1.13%Cost of funding earning assets
  • 3.79%Net interest margin
  • 0.19%Noninterest income to earning assets
  • 3.05%Noninterest expense to earning assets
  • 0.58%Net operating income to assets
  • 0.82%Return on assets (ROA)
  • 0.82%Pretax return on assets
  • 6.49%Return on equity (ROE)
  • 6.49%Retained earnings to average equity (YTD only)
  • 0.07%Net charge-offs to loans
  • 647.54%Credit loss provision to net charge-offs
  • 18.80%Efficiency ratio
  • 76,709Assets per employee
  • 7.32%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.63%Loss allowance to noncurrent loans
  • 49.89%Noncurrent assets plus other real estate owned to assets
  • 3.18%Noncurrent loans to loans
  • 3.27%Net loans and leases to deposits
  • 74.35%Net loans and leases to core deposits
  • 83.58%Equity capital to assets
  • 12.49%Core capital (leverage) ratio
  • 11.80%Tier 1 risk-based capital ratio
  • 16.17%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $258,501Average earning assets
  • $32,444Average equity
  • $247,283Average loans

List of branches

  • 2 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    07597Meridian Bank Texas100 Lexington Street, Suite 100, Fort Worth, TX 76102April 09, 1907Full Service Brick and Mortar
    8521511Denton Branch1013 W University Drive, Denton, TX 76201June 06, 2011Full Service Brick and Mortar

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