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

Texas Bank - Overview

  • General
  • FDIC Certificate #: 19559
    Status: Active
    Federal Reserve ID: 232856
    Date Established: March 07, 1966
    WWW: http://www.texasbank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 9 (Domestic: 9, Interstate: No)
    OTS Docket #: 11460
    FDIC's unique #: 13359
    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: March 07, 1966
    Last Structure Change Effective Date: November 30, 2006
    Last Structure Change Process Date: December 18, 2006
    Last Data Update: December 18, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 400 Fisk Street, Brownwood, TX 76801
    County: Brown
    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
    Core Based Statistical Area (CBSA): Brownwood, TX (#15220)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Office Purchased
  • Financial Summary
  • Total assets: $292.9 mil
    Equity capital: $40.4 mil
    Deposits held in domestic offices: $250.2 mil
    Return on assets (ROA): 3.24% ($9.5 mil)
    Quarterly return on assets: 3.35% ($9.8 mil)
    Return on Equity (ROE): 25.32% ($10.1 mil)
    Quarterly return on equity: 24.16% ($9.7 mil)
    Net income: $9.5 mil
    Quarterly Net income: $2.5 mil
    Pretax return on assets: 3.24% ($9,489.2 mil)
    Quarterly Pretax return on assets: 3.35% ($9,811.3 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
  • 98Total employees (full-time equivalent)
  • $292,876Total assets
  • $41,539Cash and due from depository institutions
  • $33,564Interest-bearing balances
  • $45,721Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $191,794Net loans & leases
  • $3,880Loan loss allowance
  • $0Trading account assets
  • $3,045Bank premises and fixed assets
  • $177Other real estate owned
  • $2,136Goodwill and other intangibles
  • $292,876Life insurance assets
  • $8,464All other assets
  • $252,451Total liabilities and capital
  • $250,219Total liabilities
  • $182,552Total deposits
  • $250,219Interest-bearing deposits
  • $71Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $2,232Subordinated debt
  • $40,425All other liabilities
  • $40,425Total equity capital
  • $40,425Total bank equity capital
  • $0Perpetual preferred stock
  • $1,250Common stock
  • $14,750Surplus
  • $24,425Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,990Income earned, not collected on loans
  • $0Earning assets
  • $1,162Long-term assets (5+ years)
  • $271,079Average Assets, year-to-date
  • $130,179Average Assets, quarterly
  • $291,952Volatile liabilities
  • $293,107Insider loans
  • $184,479FHLB advances
  • $291,983Loans and leases held for sale
  • $5,856Unused loan commitments
  • $5,856Tier 1 (core) risk-based capital
  • $37,643Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $10,572Restructured Loans and leases
  • $1,084Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $15,981Total interest income
  • $1,135Total interest expense
  • $14,846Net interest income
  • $598Provision for loan and lease losses
  • $3,769Total noninterest income
  • $0Fiduciary activities
  • $1,687Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,082Additional noninterest income
  • $8,548Total noninterest expense
  • $4,939Salaries and employee benefits
  • $1,082Premises and equipment expense
  • $2,527Additional noninterest expense
  • $9,469Pre-tax net operating income
  • $0Securities gains (losses)
  • $18Applicable income taxes
  • $9,451Income before extraordinary items
  • $0Extraordinary gains - net
  • $9,451Net income attributable to bank
  • $0Net charge-offs
  • $9,451Cash dividends
  • $146Sale, conversion, retirement of capital stock, net
  • $4,500Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.91%Yield on earning assets
  • 0.42%Cost of funding earning assets
  • 5.49%Net interest margin
  • 1.39%Noninterest income to earning assets
  • 3.16%Noninterest expense to earning assets
  • 3.24%Net operating income to assets
  • 3.24%Return on assets (ROA)
  • 3.24%Pretax return on assets
  • 25.32%Return on equity (ROE)
  • 13.26%Retained earnings to average equity (YTD only)
  • 0.07%Net charge-offs to loans
  • 409.59%Credit loss provision to net charge-offs
  • 68.95%Efficiency ratio
  • 45,920Assets per employee
  • 2.99%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 47.61%Loss allowance to loans
  • 1.98%Loss allowance to noncurrent loans
  • 129.77%Noncurrent assets plus other real estate owned to assets
  • 1.08%Noncurrent loans to loans
  • 1.53%Net loans and leases to deposits
  • 76.65%Net loans and leases to core deposits
  • 78.98%Equity capital to assets
  • 13.80%Core capital (leverage) ratio
  • 12.89%Tier 1 risk-based capital ratio
  • 20.41%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $291,952Average earning assets
  • $37,333Average equity
  • $270,259Average loans

List of branches

  • 9 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    013359Texas Bank400 Fisk Street, Brownwood, TX 76801March 07, 1966Full Service Brick and Mortar
    1248843Detached Facility400 East Chandler Street, Brownwood, TX 76801December 22, 1980Limited Service Facility
    37108Bangs Banking BranchHighway 67, Bangs, TX 76823January 01, 1906Full Service Brick and Mortar
    4248844Brownwood Branch3802 Highway 377 South, Brownwood, TX 76801July 24, 1995Full Service Brick and Mortar
    5282001Stephenville Branch998 Wolfe Nursery Rd., Stephenville, TX 76401August 15, 1955Full Service Brick and Mortar
    6282003Dublin Branch301 North Patrick, Dublin, TX 76446August 15, 1955Full Service Brick and Mortar
    8450615Brownwood Marketplace Banking Center1111 Clements Street, Brownwood, TX 76801March 06, 2006Limited Service Facility
    9196191Lake Brownwood Branch7151 State Highway #279, Brownwood, TX 76801Febuary 21, 1998Full Service Brick and Mortar
    10478468Comanche Banking Center Branch400 West Central, Comanche, TX 76442July 13, 2007Full Service Brick and Mortar

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