Texas Advantage Community Bank, National Association in Alvin, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches


Texas Advantage Community Bank, National Association - Overview

  • General
  • FDIC Certificate #: 58450
    Status: Active
    Federal Reserve ID: 3485215
    Date Established: December 18, 2006
    WWW: http://www.texasadvantagecommunitybank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 452049
    Numeric code: 3
    Regulator: OCC
    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: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: December 18, 2006
    Last Structure Change Effective Date: July 09, 2007
    Last Structure Change Process Date: September 28, 2007
    Last Data Update: September 28, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 1701 Fairway Plaza, Suite 18, Alvin, TX 77511
    County: Brazoria
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Houston
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Brazoria, TX (#1145)
    Consolidated Metropolitan Statistical Area (CMSA): Houston-Galveston-Brazoria, TX (#42)
    Combined Statistical Area (CSA): Houston-Baytown-Huntsville, TX (#288)
    Core Based Statistical Area (CBSA): Houston-Sugar Land-Baytown, TX (#26420)
    CBSA Metro Statistical Area: Houston-Sugar Land-Baytown, TX (#26420)
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $81.6 mil
    Equity capital: $6.4 mil
    Deposits held in domestic offices: $75.1 mil
    Return on assets (ROA): 0.19% ($0.2 mil)
    Quarterly return on assets: 0.22% ($0.2 mil)
    Return on Equity (ROE): 2.40% ($0.1 mil)
    Quarterly return on equity: 2.84% ($0.2 mil)
    Net income: $0.2 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 0.14% ($114.2 mil)
    Quarterly Pretax return on assets: 0.17% ($138.7 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)
  • $81,585Total assets
  • $10,673Cash and due from depository institutions
  • $5,427Interest-bearing balances
  • $1,719Securities
  • $295Federal funds sold & reverse repurchase agreements
  • $63,972Net loans & leases
  • $511Loan loss allowance
  • $0Trading account assets
  • $905Bank premises and fixed assets
  • $795Other real estate owned
  • $0Goodwill and other intangibles
  • $81,585Life insurance assets
  • $3,226All other assets
  • $75,218Total liabilities and capital
  • $75,133Total liabilities
  • $63,624Total deposits
  • $75,133Interest-bearing deposits
  • $98Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $85Subordinated debt
  • $6,367All other liabilities
  • $6,367Total equity capital
  • $6,367Total bank equity capital
  • $0Perpetual preferred stock
  • $4,000Common stock
  • $4,500Surplus
  • $-2,133Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,037Income earned, not collected on loans
  • $829Earning assets
  • $461Long-term assets (5+ years)
  • $71,413Average Assets, year-to-date
  • $13,769Average Assets, quarterly
  • $81,206Volatile liabilities
  • $81,264Insider loans
  • $35,626FHLB advances
  • $82,292Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $6,367Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $3,852Restructured Loans and leases
  • $254Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,586Total interest income
  • $881Total interest expense
  • $2,705Net interest income
  • $165Provision for loan and lease losses
  • $335Total noninterest income
  • $0Fiduciary activities
  • $126Service charges on deposit accounts
  • $0Trading account gains & fees
  • $209Additional noninterest income
  • $2,762Total noninterest expense
  • $1,326Salaries and employee benefits
  • $494Premises and equipment expense
  • $942Additional noninterest expense
  • $113Pre-tax net operating income
  • $0Securities gains (losses)
  • -$38Applicable income taxes
  • $151Income before extraordinary items
  • $0Extraordinary gains - net
  • $151Net income attributable to bank
  • $0Net charge-offs
  • $151Cash dividends
  • $167Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.82%Yield on earning assets
  • 1.18%Cost of funding earning assets
  • 3.64%Net interest margin
  • 0.45%Noninterest income to earning assets
  • 3.71%Noninterest expense to earning assets
  • 0.19%Net operating income to assets
  • 0.19%Return on assets (ROA)
  • 0.14%Pretax return on assets
  • 2.40%Return on equity (ROE)
  • 2.40%Retained earnings to average equity (YTD only)
  • 0.25%Net charge-offs to loans
  • 98.80%Credit loss provision to net charge-offs
  • 1.66%Efficiency ratio
  • 90,855Assets per employee
  • 4.29%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.79%Loss allowance to noncurrent loans
  • 49.28%Noncurrent assets plus other real estate owned to assets
  • 2.25%Noncurrent loans to loans
  • 1.61%Net loans and leases to deposits
  • 85.15%Net loans and leases to core deposits
  • 94.50%Equity capital to assets
  • 7.80%Core capital (leverage) ratio
  • 7.74%Tier 1 risk-based capital ratio
  • 17.87%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $81,206Average earning assets
  • $6,299Average equity
  • $74,355Average loans

List of branches

  • 2 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0452049Texas Advantage Community Bank, National Association1701 Fairway Plaza, Suite 18, Alvin, TX 77511December 18, 2006Full Service Brick and Mortar
    1473122Pearland Branch2522 East Broadway Street, Pearland, TX 77581December 14, 2007Full Service Brick and Mortar

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