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

Riverbend Bank - Overview

  • General
  • FDIC Certificate #: 26708
    Status: Active
    Federal Reserve ID: 426057
    Bank Holding Company (Regulatory Top Holder): Riverbend Financial Corporation (RSSDID: 3391679, Location: Fort Worth, TX)
    Date Established: June 30, 1986
    WWW: http://www.riverbendbank.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)
    FDIC's unique #: 35773
    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: June 30, 1986
    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: 2000 Handly Ederville Road, Fort Worth, TX 76118
    County: Tarrant
    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): 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
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $44.4 mil
    Equity capital: $4.8 mil
    Deposits held in domestic offices: $39.0 mil
    Return on assets (ROA): 1.26% ($0.6 mil)
    Quarterly return on assets: 1.60% ($0.7 mil)
    Return on Equity (ROE): 11.80% ($0.6 mil)
    Quarterly return on equity: 14.65% ($0.7 mil)
    Net income: $0.5 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 1.26% ($559.5 mil)
    Quarterly Pretax return on assets: 1.60% ($710.4 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)
  • $44,403Total assets
  • $15,626Cash and due from depository institutions
  • $10,689Interest-bearing balances
  • $21Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $26,457Net loans & leases
  • $434Loan loss allowance
  • $0Trading account assets
  • $808Bank premises and fixed assets
  • $1,108Other real estate owned
  • $0Goodwill and other intangibles
  • $44,403Life insurance assets
  • $383All other assets
  • $39,582Total liabilities and capital
  • $39,031Total liabilities
  • $19,190Total deposits
  • $39,031Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $500Trading liabilities
  • $0Other borrowed funds
  • $51Subordinated debt
  • $4,821All other liabilities
  • $4,821Total equity capital
  • $4,821Total bank equity capital
  • $0Perpetual preferred stock
  • $1,250Common stock
  • $3,392Surplus
  • $179Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $27Income earned, not collected on loans
  • $0Earning assets
  • $119Long-term assets (5+ years)
  • $37,167Average Assets, year-to-date
  • $722Average Assets, quarterly
  • $42,415Volatile liabilities
  • $43,355Insider loans
  • $29,255FHLB advances
  • $43,952Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $4,821Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,587Restructured Loans and leases
  • $540Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,765Total interest income
  • $117Total interest expense
  • $1,648Net interest income
  • $5Provision for loan and lease losses
  • $1,107Total noninterest income
  • $0Fiduciary activities
  • $387Service charges on deposit accounts
  • $0Trading account gains & fees
  • $720Additional noninterest income
  • $2,216Total noninterest expense
  • $1,226Salaries and employee benefits
  • $171Premises and equipment expense
  • $819Additional noninterest expense
  • $534Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $534Income before extraordinary items
  • $0Extraordinary gains - net
  • $534Net income attributable to bank
  • $0Net charge-offs
  • $534Cash dividends
  • $12Sale, conversion, retirement of capital stock, net
  • $33Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.05%Yield on earning assets
  • 0.33%Cost of funding earning assets
  • 4.71%Net interest margin
  • 3.17%Noninterest income to earning assets
  • 6.34%Noninterest expense to earning assets
  • 1.26%Net operating income to assets
  • 1.26%Return on assets (ROA)
  • 1.26%Pretax return on assets
  • 11.80%Return on equity (ROE)
  • 11.07%Retained earnings to average equity (YTD only)
  • 0.04%Net charge-offs to loans
  • 41.67%Credit loss provision to net charge-offs
  • 44.92%Efficiency ratio
  • 80,436Assets per employee
  • 2.34%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 6.18%Loss allowance to loans
  • 1.61%Loss allowance to noncurrent loans
  • 1607.41%Noncurrent assets plus other real estate owned to assets
  • 2.56%Noncurrent loans to loans
  • 0.10%Net loans and leases to deposits
  • 67.78%Net loans and leases to core deposits
  • 69.94%Equity capital to assets
  • 10.86%Core capital (leverage) ratio
  • 10.97%Tier 1 risk-based capital ratio
  • 16.48%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $42,415Average earning assets
  • $4,524Average equity
  • $34,962Average loans

List of branches

  • 2 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    035773Riverbend Bank2000 Handly Ederville Road, Fort Worth, TX 76118June 30, 1986Full Service Brick and Mortar
    4260015Riverbend Motor Bank Branch2000 Handly Edderville Road, Fort Worth, TX 76118November 27, 1991Limited Service Facility

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