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

Sanger Bank - Overview

  • General
  • FDIC Certificate #: 27043
    Status: Active
    Federal Reserve ID: 336361
    Bank Holding Company (Regulatory Top Holder): Sanger Bancshares, Inc. (RSSDID: 2497837, Location: Sanger, TX)
    Date Established: September 08, 1987
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 38555
    Numeric code: 13
    Regulator: FED
    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: September 08, 1987
    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: 501 North Stemmons, Sanger, TX 76266
    County: Denton
    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: $105.1 mil
    Equity capital: $12.3 mil
    Deposits held in domestic offices: $92.7 mil
    Return on assets (ROA): 1.38% ($1.4 mil)
    Quarterly return on assets: 1.22% ($1.3 mil)
    Return on Equity (ROE): 11.86% ($1.4 mil)
    Quarterly return on equity: 10.43% ($1.3 mil)
    Net income: $1.4 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 1.95% ($2,049.5 mil)
    Quarterly Pretax return on assets: 1.71% ($1,797.3 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
  • 27Total employees (full-time equivalent)
  • $105,104Total assets
  • $16,220Cash and due from depository institutions
  • $13,843Interest-bearing balances
  • $23,831Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $61,221Net loans & leases
  • $616Loan loss allowance
  • $0Trading account assets
  • $2,416Bank premises and fixed assets
  • $129Other real estate owned
  • $0Goodwill and other intangibles
  • $105,104Life insurance assets
  • $1,287All other assets
  • $92,841Total liabilities and capital
  • $92,699Total liabilities
  • $74,513Total deposits
  • $92,699Interest-bearing deposits
  • $94Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $142Subordinated debt
  • $12,263All other liabilities
  • $12,263Total equity capital
  • $12,263Total bank equity capital
  • $0Perpetual preferred stock
  • $600Common stock
  • $5,200Surplus
  • $6,463Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $313Income earned, not collected on loans
  • $0Earning assets
  • $528Long-term assets (5+ years)
  • $98,895Average Assets, year-to-date
  • $45,159Average Assets, quarterly
  • $101,205Volatile liabilities
  • $105,066Insider loans
  • $60,665FHLB advances
  • $104,959Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $12,177Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,715Restructured Loans and leases
  • $74Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,304Total interest income
  • $827Total interest expense
  • $4,477Net interest income
  • $134Provision for loan and lease losses
  • $700Total noninterest income
  • $0Fiduciary activities
  • $486Service charges on deposit accounts
  • $0Trading account gains & fees
  • $214Additional noninterest income
  • $3,071Total noninterest expense
  • $1,719Salaries and employee benefits
  • $420Premises and equipment expense
  • $932Additional noninterest expense
  • $1,972Pre-tax net operating income
  • $0Securities gains (losses)
  • $574Applicable income taxes
  • $1,398Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,398Net income attributable to bank
  • $0Net charge-offs
  • $1,398Cash dividends
  • $241Sale, conversion, retirement of capital stock, net
  • $315Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.57%Yield on earning assets
  • 0.87%Cost of funding earning assets
  • 4.70%Net interest margin
  • 0.74%Noninterest income to earning assets
  • 3.23%Noninterest expense to earning assets
  • 1.38%Net operating income to assets
  • 1.38%Return on assets (ROA)
  • 1.95%Pretax return on assets
  • 11.86%Return on equity (ROE)
  • 9.19%Retained earnings to average equity (YTD only)
  • 0.39%Net charge-offs to loans
  • 55.60%Credit loss provision to net charge-offs
  • 8.74%Efficiency ratio
  • 59,320Assets per employee
  • 3.89%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 22.53%Loss allowance to loans
  • 1.00%Loss allowance to noncurrent loans
  • 196.81%Noncurrent assets plus other real estate owned to assets
  • 0.42%Noncurrent loans to loans
  • 0.51%Net loans and leases to deposits
  • 66.04%Net loans and leases to core deposits
  • 68.26%Equity capital to assets
  • 11.67%Core capital (leverage) ratio
  • 11.60%Tier 1 risk-based capital ratio
  • 20.07%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $101,205Average earning assets
  • $11,790Average equity
  • $95,191Average loans

List of branches

  • 2 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    038555Sanger Bank501 North Stemmons, Sanger, TX 76266September 08, 1987Full Service Brick and Mortar
    1478881Sanger Bank-Bowie Branch1308 Hwy 59 N., Bowie, TX 76230April 19, 2004Full Service Brick and Mortar

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