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


  • Texas Security Bank in Dallas, Texas (TX)
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Texas Security Bank - Overview

  • General
  • FDIC Certificate #: 58739
    Status: Active
    Federal Reserve ID: 3619216
    Date Established: May 05, 2008
    WWW: http://www.texassecuritybank.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 #: 465546
    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: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: May 05, 2008
    Last Structure Change Effective Date: May 28, 2008
    Last Structure Change Process Date: May 28, 2008
    Last Data Update: May 28, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 1212 Turtle Creek Blvd., Dallas, TX 75207
    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 Changes
  • Change in Geographic Region/Area/Territory/Field Office
  • Financial Summary
  • Total assets: $160.2 mil
    Equity capital: $23.6 mil
    Deposits held in domestic offices: $128.9 mil
    Return on assets (ROA): 0.66% ($1.1 mil)
    Quarterly return on assets: 0.78% ($1.2 mil)
    Return on Equity (ROE): 4.06% ($1.0 mil)
    Quarterly return on equity: 5.08% ($1.2 mil)
    Net income: $0.9 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 0.66% ($1,057.3 mil)
    Quarterly Pretax return on assets: 0.78% ($1,249.6 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)
  • $160,199Total assets
  • $10,190Cash and due from depository institutions
  • $9,448Interest-bearing balances
  • $23,447Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $119,851Net loans & leases
  • $1,417Loan loss allowance
  • $0Trading account assets
  • $5,605Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $160,199Life insurance assets
  • $1,106All other assets
  • $136,643Total liabilities and capital
  • $128,921Total liabilities
  • $104,084Total deposits
  • $128,921Interest-bearing deposits
  • $88Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $7,000Trading liabilities
  • $0Other borrowed funds
  • $722Subordinated debt
  • $23,556All other liabilities
  • $23,556Total equity capital
  • $23,556Total bank equity capital
  • $0Perpetual preferred stock
  • $13,226Common stock
  • $12,563Surplus
  • $-2,233Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $1,079Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $431Long-term assets (5+ years)
  • $152,746Average Assets, year-to-date
  • $46,038Average Assets, quarterly
  • $140,261Volatile liabilities
  • $153,417Insider loans
  • $116,899FHLB advances
  • $151,952Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $23,082Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $19,789Restructured Loans and leases
  • $391Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,476Total interest income
  • $1,076Total interest expense
  • $5,400Net interest income
  • $313Provision for loan and lease losses
  • $677Total noninterest income
  • $0Fiduciary activities
  • $168Service charges on deposit accounts
  • $0Trading account gains & fees
  • $509Additional noninterest income
  • $4,835Total noninterest expense
  • $2,747Salaries and employee benefits
  • $430Premises and equipment expense
  • $1,658Additional noninterest expense
  • $929Pre-tax net operating income
  • $1Securities gains (losses)
  • $0Applicable income taxes
  • $930Income before extraordinary items
  • $0Extraordinary gains - net
  • $930Net income attributable to bank
  • $0Net charge-offs
  • $930Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.91%Yield on earning assets
  • 0.82%Cost of funding earning assets
  • 4.09%Net interest margin
  • 0.51%Noninterest income to earning assets
  • 3.66%Noninterest expense to earning assets
  • 0.66%Net operating income to assets
  • 0.66%Return on assets (ROA)
  • 0.66%Pretax return on assets
  • 4.06%Return on equity (ROE)
  • 4.06%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 79,562Assets per employee
  • 5.93%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.17%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 92.96%Net loans and leases to core deposits
  • 101.91%Equity capital to assets
  • 14.70%Core capital (leverage) ratio
  • 15.19%Tier 1 risk-based capital ratio
  • 19.75%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $140,261Average earning assets
  • $22,895Average equity
  • $131,978Average loans

List of branches

  • 2 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0465546Texas Security Bank1212 Turtle Creek Blvd., Dallas, TX 75207May 05, 2008Full Service Brick and Mortar
    1521317Garland Branch101 North Garland Avenue, Garland, TX 75040July 05, 2011Full Service Brick and Mortar

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