Preston National Bank in Dallas, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches


Preston National Bank - Overview

  • General
  • FDIC Certificate #: 26222
    Status: Active
    Federal Reserve ID: 918459
    Date Established: May 02, 1985
    WWW: http://www.prestonnational.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 11062
    FDIC's unique #: 32554
    Numeric code: 3
    Regulator: OCC
    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: No
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: May 02, 1985
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 5644 Lbj Freeway, Dallas, TX 75240
    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
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $59.8 mil
    Equity capital: $8.3 mil
    Deposits held in domestic offices: $49.2 mil
    Return on assets (ROA): 2.25% ($1.4 mil)
    Quarterly return on assets: 1.50% ($0.9 mil)
    Return on Equity (ROE): 15.79% ($1.3 mil)
    Quarterly return on equity: 10.62% ($0.8 mil)
    Net income: $1.3 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 2.25% ($1,346.0 mil)
    Quarterly Pretax return on assets: 1.50% ($897.3 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)
  • $59,823Total assets
  • $2,522Cash and due from depository institutions
  • $1,446Interest-bearing balances
  • $0Securities
  • $285Federal funds sold & reverse repurchase agreements
  • $53,606Net loans & leases
  • $752Loan loss allowance
  • $0Trading account assets
  • $801Bank premises and fixed assets
  • $1,536Other real estate owned
  • $107Goodwill and other intangibles
  • $59,823Life insurance assets
  • $966All other assets
  • $51,499Total liabilities and capital
  • $49,225Total liabilities
  • $31,307Total deposits
  • $49,225Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,000Trading liabilities
  • $0Other borrowed funds
  • $274Subordinated debt
  • $8,324All other liabilities
  • $8,324Total equity capital
  • $8,324Total bank equity capital
  • $0Perpetual preferred stock
  • $618Common stock
  • $797Surplus
  • $6,909Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $215Income earned, not collected on loans
  • $0Earning assets
  • $209Long-term assets (5+ years)
  • $55,337Average Assets, year-to-date
  • $15,360Average Assets, quarterly
  • $56,776Volatile liabilities
  • $58,899Insider loans
  • $50,586FHLB advances
  • $60,006Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $8,217Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $7,174Restructured Loans and leases
  • $2,877Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,533Total interest income
  • $289Total interest expense
  • $3,244Net interest income
  • $0Provision for loan and lease losses
  • $695Total noninterest income
  • $0Fiduciary activities
  • $407Service charges on deposit accounts
  • $0Trading account gains & fees
  • $288Additional noninterest income
  • $2,660Total noninterest expense
  • $1,813Salaries and employee benefits
  • $258Premises and equipment expense
  • $589Additional noninterest expense
  • $1,279Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $1,279Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,279Net income attributable to bank
  • $0Net charge-offs
  • $1,279Cash dividends
  • $78Sale, conversion, retirement of capital stock, net
  • $900Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.72%Yield on earning assets
  • 0.55%Cost of funding earning assets
  • 6.17%Net interest margin
  • 1.32%Noninterest income to earning assets
  • 5.06%Noninterest expense to earning assets
  • 2.25%Net operating income to assets
  • 2.25%Return on assets (ROA)
  • 2.25%Pretax return on assets
  • 15.79%Return on equity (ROE)
  • 4.68%Retained earnings to average equity (YTD only)
  • 0.15%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 16.40%Efficiency ratio
  • 67,530Assets per employee
  • 3.15%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 70.37%Loss allowance to loans
  • 1.38%Loss allowance to noncurrent loans
  • 349.77%Noncurrent assets plus other real estate owned to assets
  • 2.93%Noncurrent loans to loans
  • 0.40%Net loans and leases to deposits
  • 108.90%Net loans and leases to core deposits
  • 118.47%Equity capital to assets
  • 13.91%Core capital (leverage) ratio
  • 13.69%Tier 1 risk-based capital ratio
  • 16.24%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $56,776Average earning assets
  • $8,102Average equity
  • $52,590Average loans

List of branches

  • 3 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    032554Preston National Bank5644 Lbj Freeway, Dallas, TX 75240May 02, 1985Full Service Brick and Mortar
    1360004Mobile Branch5644 Lbj Freeway, Dallas, TX 75240November 01, 2000Limited Service Mobile
    2360005Messenger Service Branch5644 Lbj Freeway, Dallas, TX 75240November 01, 2000Limited Service Messenger

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