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

Preston State Bank - Overview

  • General
  • FDIC Certificate #: 57650
    Status: Active
    Federal Reserve ID: 3220500
    Bank Holding Company (Regulatory Top Holder): Dcb Financial Corporation (RSSDID: 3221217, Location: Dallas, TX)
    Date Established: December 01, 2003
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 419086
    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: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: December 01, 2003
    Last Structure Change Effective Date: September 10, 2010
    Last Structure Change Process Date: October 04, 2010
    Last Data Update: October 04, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 16980 N. Dallas Parkway, Suite 110, Dallas, TX 75248
    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
  • Financial Summary
  • Total assets: $129.6 mil
    Equity capital: $21.6 mil
    Deposits held in domestic offices: $107.4 mil
    Return on assets (ROA): -0.29% (-$0.4 mil)
    Quarterly return on assets: -0.26% (-$0.3 mil)
    Return on Equity (ROE): -1.79% (-$0.4 mil)
    Quarterly return on equity: -1.52% (-$0.3 mil)
    Net income: -$0.4 mil
    Quarterly Net income: -$0.1 mil
    Pretax return on assets: -0.28% (-$363.0 mil)
    Quarterly Pretax return on assets: -0.24% (-$311.1 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
  • 22Total employees (full-time equivalent)
  • $129,632Total assets
  • $34,075Cash and due from depository institutions
  • $32,512Interest-bearing balances
  • $4,593Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $81,966Net loans & leases
  • $1,239Loan loss allowance
  • $0Trading account assets
  • $245Bank premises and fixed assets
  • $6,018Other real estate owned
  • $0Goodwill and other intangibles
  • $129,632Life insurance assets
  • $2,735All other assets
  • $108,060Total liabilities and capital
  • $107,426Total liabilities
  • $81,614Total deposits
  • $107,426Interest-bearing deposits
  • $89Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $634Subordinated debt
  • $21,572All other liabilities
  • $21,572Total equity capital
  • $21,572Total bank equity capital
  • $0Perpetual preferred stock
  • $5,000Common stock
  • $19,680Surplus
  • $-3,108Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $5,152Income earned, not collected on loans
  • $0Earning assets
  • $308Long-term assets (5+ years)
  • $119,071Average Assets, year-to-date
  • $6,507Average Assets, quarterly
  • $135,090Volatile liabilities
  • $127,132Insider loans
  • $87,663FHLB advances
  • $126,821Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $21,021Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $17,673Restructured Loans and leases
  • $1,154Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,042Total interest income
  • $1,131Total interest expense
  • $4,911Net interest income
  • $120Provision for loan and lease losses
  • $288Total noninterest income
  • $0Fiduciary activities
  • $104Service charges on deposit accounts
  • $0Trading account gains & fees
  • $184Additional noninterest income
  • $5,463Total noninterest expense
  • $2,244Salaries and employee benefits
  • $840Premises and equipment expense
  • $2,379Additional noninterest expense
  • -$384Pre-tax net operating income
  • $0Securities gains (losses)
  • $6Applicable income taxes
  • -$390Income before extraordinary items
  • $0Extraordinary gains - net
  • -$390Net income attributable to bank
  • $0Net charge-offs
  • -$390Cash dividends
  • $997Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.89%Yield on earning assets
  • 0.92%Cost of funding earning assets
  • 3.97%Net interest margin
  • 0.23%Noninterest income to earning assets
  • 4.42%Noninterest expense to earning assets
  • -0.29%Net operating income to assets
  • -0.29%Return on assets (ROA)
  • -0.28%Pretax return on assets
  • -1.79%Return on equity (ROE)
  • -1.79%Retained earnings to average equity (YTD only)
  • 1.05%Net charge-offs to loans
  • 12.04%Credit loss provision to net charge-offs
  • -0.26%Efficiency ratio
  • 105,078Assets per employee
  • 5.89%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.49%Loss allowance to noncurrent loans
  • 24.05%Noncurrent assets plus other real estate owned to assets
  • 8.62%Noncurrent loans to loans
  • 6.19%Net loans and leases to deposits
  • 76.30%Net loans and leases to core deposits
  • 80.56%Equity capital to assets
  • 16.64%Core capital (leverage) ratio
  • 16.58%Tier 1 risk-based capital ratio
  • 23.98%Total risk-based capital ratio
  • Memoranda
  • $25Average assets
  • $135,090Average earning assets
  • $21,786Average equity
  • $123,591Average loans

List of branches

  • 2 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0419086Preston State Bank16980 N. Dallas Parkway, Suite 110, Dallas, TX 75248December 01, 2003Full Service Brick and Mortar
    1494067Northwest Hwy Branch5820 W. Northwest Highway, Dallas, TX 75225July 17, 2009Full Service Brick and Mortar

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