TIB The Independent Bankersbank in Irving, Texas (TX), CA, GA, IL, OK



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TIB The Independent Bankersbank
GeneralFDIC Certificate #: 23647
Status: Active
Federal Reserve ID: 529958
Bank Holding Company (Regulatory Top Holder): Independent Bankers Financial Corporation (RSSDID: 1109094, Location: Irving, TX)
Date Established: January 21, 1982
WWW: http://www.mybankersbank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 5 (Domestic: 5, Interstate: Yes)
OTS Docket #: 12248
FDIC's unique #: 16552
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: All Other Specialization > 1 Billion
Date of Deposit Insurance: January 21, 1982
Last Structure Change Effective Date: November 30, 2010
Last Structure Change Process Date: Febuary 01, 2011
Last Data Update: Febuary 01, 2011
Data Source Date: April 05, 2012
LocationAddress: 350 Phelps Court, Irving, TX 75039
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 ChangesParticipated in Reorganization
Financial SummaryTotal assets: $2,507.5 mil
Equity capital: $189.9 mil
Deposits held in domestic offices: $1,761.3 mil
Return on assets (ROA): 0.68% ($17.1 mil)
Quarterly return on assets: 0.64% ($16.1 mil)
Return on Equity (ROE): 8.55% ($16.2 mil)
Quarterly return on equity: 8.41% ($16.0 mil)
Net income: $16.4 mil
Quarterly Net income: $4.1 mil
Pretax return on assets: 0.85% ($21,313.8 mil)
Quarterly Pretax return on assets: 0.67% ($16,800.3 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)
Total employees (full-time equivalent)323
Total assets$2,507,508
Cash and due from depository institutions$1,288,646
Interest-bearing balances$1,244,065
Securities$401,797
Federal funds sold & reverse repurchase agreements$80,715
Net loans & leases$637,572
Loan loss allowance $17,490
Trading account assets$0
Bank premises and fixed assets$3,885
Other real estate owned$4,108
Goodwill and other intangibles$13,995
All other assets$76,790
Life insurance assets$2,507,508
Total liabilities and capital$2,317,650
Total liabilities$1,761,313
Total deposits$965,394
Interest-bearing deposits$1,761,313
Deposits held in domestic offices$65
% insured (estimated)303262.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$203,366
Other borrowed funds $0
Subordinated debt $49,709
All other liabilities $189,858
Total equity capital$189,858
Total bank equity capital$189,858
Perpetual preferred stock$0
Common stock$7,000
Surplus$76,000
Undivided profits $106,858
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $49,170
Income earned, not collected on loans $12,417
Earning assets $239
Long-term assets (5+ years) $5,586
Average Assets, year-to-date $2,364,149
Average Assets, quarterly $587,864
Volatile liabilities $2,418,423
Insider loans $2,543,733
FHLB advances $888,223
Loans and leases held for sale $2,621,114
Unused loan commitments $26,002
Tier 1 (core) risk-based capital $16,591
Tier 2 risk-based capital $192,532
Total risk weighted assets $0
Total unused commitments $9,411
Restructured Loans and leases $906,764
Derivatives$15,743
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $51,356
Total interest expense $20,587
Net interest income $30,769
Provision for loan and lease losses $2,719
Total noninterest income $96,989
Fiduciary activities $0
Service charges on deposit accounts $6
Trading account gains & fees $0
Additional noninterest income $96,983
Total noninterest expense $105,914
Salaries and employee benefits $35,948
Premises and equipment expense $2,996
Additional noninterest expense $66,970
Pre-tax net operating income $19,125
Securities gains (losses) $1,381
Applicable income taxes $4,092
Income before extraordinary items $16,414
Extraordinary gains - net $0
Net income attributable to bank $16,414
Net charge-offs $0
Cash dividends $16,414
Sale, conversion, retirement of capital stock, net $8,180
Net operating income $8,000
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets2.28%
Cost of funding earning assets 0.91%
Net interest margin 1.37%
Noninterest income to earning assets 4.31%
Noninterest expense to earning assets 4.70%
Net operating income to assets 0.63%
Return on assets (ROA) 0.68%
Pretax return on assets 0.85%
Return on equity (ROE) 8.55%
Retained earnings to average equity (YTD only) 4.38%
Net charge-offs to loans 1.24%
Credit loss provision to net charge-offs 33.24%
Efficiency ratio2.67%
Assets per employee$82,461
Cash dividends to net income (YTD only)7.76%
Condition Ratios (%)
Loss allowance to loans 48.74%
Loss allowance to noncurrent loans 2.67%
Noncurrent assets plus other real estate owned to assets 140.86%
Noncurrent loans to loans 0.66%
Net loans and leases to deposits1.90%
Net loans and leases to core deposits 36.20%
Equity capital to assets 42.58%
Core capital (leverage) ratio 7.57%
Tier 1 risk-based capital ratio 7.35%
Total risk-based capital ratio 21.68%
Memoranda
Average assets$23
Average earning assets$2,418,423
Average equity $191,939
Average loans $2,252,911
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1 California Branch as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
3467671Huntington Beach Branch17011 Beach Blvd Suite 900, Office #3, Huntington Beach, CA 92647June 18, 2007Full Service Brick and Mortar
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1 Georgia Branch as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
4493131Georgia Branch1550 North Brown Rd. Suite 150, Lawrenceville, GA 30043May 28, 2009Full Service Brick and Mortar
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1 Illinois Branch as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
5499537Springfield Ibbbb Branch3161 West White Oaks Drive, Suite 300, Springfield, IL 62704December 18, 2009Full Service Brick and Mortar
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1 Oklahoma Branch as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
1360774Tulsa Branch7136 S Yale, Suite 215, Tulsa, OK 74136April 12, 2001Full Service Brick and Mortar
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1 Texas Branch as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
016552Tib The Independent Bankersbank350 Phelps Court, Irving, TX 75039January 21, 1982Full Service Brick and Mortar
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