NexBank, SSB in Dallas, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches


NexBank, SSB - Overview

  • General
  • FDIC Certificate #: 29209
    Status: Active
    Federal Reserve ID: 652874
    Date Established: November 30, 1934
    WWW: http://www.nexbank.com
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 3102
    FDIC's unique #: 42043
    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: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: November 30, 1934
    Last Structure Change Effective Date: Febuary 10, 2012
    Last Structure Change Process Date: Febuary 10, 2012
    Last Data Update: Febuary 10, 2012
    Data Source Date: April 05, 2012
  • Location
  • Address: 2515 Mckinney Ave., Suite 1100, Dallas, TX 75201
    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)
  • History of Changes
  • Name Change
    Change in Location
  • Financial Summary
  • Total assets: $615.6 mil
    Equity capital: $61.4 mil
    Deposits held in domestic offices: $494.6 mil
    Return on assets (ROA): -0.89% (-$5.5 mil)
    Quarterly return on assets: 0.11% ($0.7 mil)
    Return on Equity (ROE): -8.37% (-$5.1 mil)
    Quarterly return on equity: 1.11% ($0.7 mil)
    Net income: -$5.2 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: -0.89% (-$5,478.9 mil)
    Quarterly Pretax return on assets: 0.11% ($677.2 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
  • 61Total employees (full-time equivalent)
  • $615,607Total assets
  • $47,365Cash and due from depository institutions
  • $45,066Interest-bearing balances
  • $214,194Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $326,566Net loans & leases
  • $4,351Loan loss allowance
  • $0Trading account assets
  • $3,096Bank premises and fixed assets
  • $3,717Other real estate owned
  • $750Goodwill and other intangibles
  • $615,607Life insurance assets
  • $19,919All other assets
  • $554,218Total liabilities and capital
  • $494,615Total liabilities
  • $345,094Total deposits
  • $494,615Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $55,000Trading liabilities
  • $0Other borrowed funds
  • $4,603Subordinated debt
  • $61,389All other liabilities
  • $61,389Total equity capital
  • $61,389Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $57,249Surplus
  • $4,140Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $37,173Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,986Income earned, not collected on loans
  • $0Earning assets
  • $1,585Long-term assets (5+ years)
  • $585,826Average Assets, year-to-date
  • $285,712Average Assets, quarterly
  • $587,441Volatile liabilities
  • $610,232Insider loans
  • $411,479FHLB advances
  • $625,971Loans and leases held for sale
  • $2,651Unused loan commitments
  • $2,651Tier 1 (core) risk-based capital
  • $66,138Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $13,202Restructured Loans and leases
  • $1,554Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $19,247Total interest income
  • $7,210Total interest expense
  • $12,037Net interest income
  • $5,171Provision for loan and lease losses
  • $3,451Total noninterest income
  • $0Fiduciary activities
  • $17Service charges on deposit accounts
  • $0Trading account gains & fees
  • $3,434Additional noninterest income
  • $16,430Total noninterest expense
  • $8,261Salaries and employee benefits
  • $1,828Premises and equipment expense
  • $6,341Additional noninterest expense
  • -$6,113Pre-tax net operating income
  • $893Securities gains (losses)
  • $0Applicable income taxes
  • -$5,220Income before extraordinary items
  • $0Extraordinary gains - net
  • -$5,220Net income attributable to bank
  • $0Net charge-offs
  • -$5,220Cash dividends
  • $3,883Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.51%Yield on earning assets
  • 1.32%Cost of funding earning assets
  • 2.20%Net interest margin
  • 0.63%Noninterest income to earning assets
  • 3.00%Noninterest expense to earning assets
  • -1.04%Net operating income to assets
  • -0.89%Return on assets (ROA)
  • -0.89%Pretax return on assets
  • -8.37%Return on equity (ROE)
  • -8.37%Retained earnings to average equity (YTD only)
  • 1.31%Net charge-offs to loans
  • 133.17%Credit loss provision to net charge-offs
  • -0.24%Efficiency ratio
  • 106,082Assets per employee
  • 10.09%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.31%Loss allowance to noncurrent loans
  • 145.71%Noncurrent assets plus other real estate owned to assets
  • 1.09%Noncurrent loans to loans
  • 0.90%Net loans and leases to deposits
  • 66.02%Net loans and leases to core deposits
  • 82.35%Equity capital to assets
  • 9.97%Core capital (leverage) ratio
  • 10.57%Tier 1 risk-based capital ratio
  • 16.07%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $587,441Average earning assets
  • $62,360Average equity
  • $547,837Average loans

List of branches

  • 2 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    042043Nexbank, Ssb2515 Mckinney Ave., Suite 1100, Dallas, TX 75201November 30, 1934Full Service Brick and Mortar
    4465273Plano Branch5601 Granite Parkway, Suite 120, Plano, TX 75024May 03, 2007Full Service Brick and Mortar

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