Prosper Bank in Prosper, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

Prosper Bank - Overview

  • General
  • FDIC Certificate #: 14485
    Status: Active
    Federal Reserve ID: 642866
    Bank Holding Company (Regulatory Top Holder): Henderson Texas Bancshares, Inc. (RSSDID: 3385511, Location: Henderson, TX)
    Date Established: July 01, 1903
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 9050
    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: June 18, 1934
    Last Structure Change Effective Date: June 17, 2011
    Last Structure Change Process Date: June 17, 2011
    Last Data Update: June 17, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 805 East 1st Street, Prosper, TX 75078
    County: Collin
    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: $62.8 mil
    Equity capital: $6.5 mil
    Deposits held in domestic offices: $56.0 mil
    Return on assets (ROA): -1.29% (-$0.8 mil)
    Quarterly return on assets: -2.62% (-$1.7 mil)
    Return on Equity (ROE): -14.76% (-$1.0 mil)
    Quarterly return on equity: -24.49% (-$1.7 mil)
    Net income: -$0.8 mil
    Quarterly Net income: -$0.4 mil
    Pretax return on assets: -1.68% (-$1,055.6 mil)
    Quarterly Pretax return on assets: -4.21% (-$2,645.3 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
  • 20Total employees (full-time equivalent)
  • $62,833Total assets
  • $3,450Cash and due from depository institutions
  • $2,097Interest-bearing balances
  • $9,820Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $42,604Net loans & leases
  • $1,078Loan loss allowance
  • $0Trading account assets
  • $3,698Bank premises and fixed assets
  • $1,486Other real estate owned
  • $305Goodwill and other intangibles
  • $62,833Life insurance assets
  • $1,470All other assets
  • $56,302Total liabilities and capital
  • $56,045Total liabilities
  • $48,636Total deposits
  • $56,045Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $257Subordinated debt
  • $6,531All other liabilities
  • $6,531Total equity capital
  • $6,531Total bank equity capital
  • $0Perpetual preferred stock
  • $52Common stock
  • $16,987Surplus
  • $-10,508Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $761Income earned, not collected on loans
  • $0Earning assets
  • $236Long-term assets (5+ years)
  • $54,521Average Assets, year-to-date
  • $9,369Average Assets, quarterly
  • $65,456Volatile liabilities
  • $63,225Insider loans
  • $47,424FHLB advances
  • $63,082Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $6,354Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $709Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,859Total interest income
  • $538Total interest expense
  • $2,321Net interest income
  • $0Provision for loan and lease losses
  • -$37Total noninterest income
  • $0Fiduciary activities
  • $164Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$201Additional noninterest income
  • $3,382Total noninterest expense
  • $1,339Salaries and employee benefits
  • $398Premises and equipment expense
  • $1,645Additional noninterest expense
  • -$1,098Pre-tax net operating income
  • $0Securities gains (losses)
  • -$251Applicable income taxes
  • -$847Income before extraordinary items
  • $0Extraordinary gains - net
  • -$847Net income attributable to bank
  • $0Net charge-offs
  • -$847Cash dividends
  • $83Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.13%Yield on earning assets
  • 0.97%Cost of funding earning assets
  • 4.17%Net interest margin
  • -0.07%Noninterest income to earning assets
  • 6.07%Noninterest expense to earning assets
  • -1.29%Net operating income to assets
  • -1.29%Return on assets (ROA)
  • -1.68%Pretax return on assets
  • -14.76%Return on equity (ROE)
  • -14.76%Retained earnings to average equity (YTD only)
  • 0.19%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • -13.23%Efficiency ratio
  • 148,074Assets per employee
  • 3.14%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.47%Loss allowance to noncurrent loans
  • 141.66%Noncurrent assets plus other real estate owned to assets
  • 3.58%Noncurrent loans to loans
  • 1.74%Net loans and leases to deposits
  • 76.02%Net loans and leases to core deposits
  • 80.27%Equity capital to assets
  • 10.39%Core capital (leverage) ratio
  • 10.07%Tier 1 risk-based capital ratio
  • 13.40%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $65,456Average earning assets
  • $5,737Average equity
  • $55,688Average loans

List of branches

  • 3 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    09050Prosper Bank805 East 1st Street, Prosper, TX 75078July 01, 1903Full Service Brick and Mortar
    1231546Frisco Branch7700 Main Street, Frisco, TX 75033March 03, 1989Full Service Brick and Mortar
    2517241Messenger805 East 1st Street, Prosper, TX 75078September 17, 2009Limited Service Messenger

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