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

The Bank - Overview

  • General
  • FDIC Certificate #: 26967
    Status: Active
    Federal Reserve ID: 297257
    Bank Holding Company (Regulatory Top Holder): Texas Banc Financial Corporation (RSSDID: 4126225, Location: Fort Worth, TX)
    Date Established: June 11, 1987
    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 #: 36381
    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: All Other Specialization < 1 Billion
    Date of Deposit Insurance: June 11, 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: 901 Santa Fe Drive, Weatherford, TX 76086
    County: Parker
    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): Fort Worth-Arlington, TX (#2800)
    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: Fort Worth-Arlington, TX (#23104)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $68.6 mil
    Equity capital: $7.0 mil
    Deposits held in domestic offices: $61.2 mil
    Return on assets (ROA): 1.05% ($0.7 mil)
    Quarterly return on assets: 1.86% ($1.3 mil)
    Return on Equity (ROE): 11.51% ($0.8 mil)
    Quarterly return on equity: 19.08% ($1.3 mil)
    Net income: $0.7 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 1.41% ($967.2 mil)
    Quarterly Pretax return on assets: 2.11% ($1,447.4 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
  • 26Total employees (full-time equivalent)
  • $68,599Total assets
  • $13,551Cash and due from depository institutions
  • $12,437Interest-bearing balances
  • $6,998Securities
  • $2,075Federal funds sold & reverse repurchase agreements
  • $41,698Net loans & leases
  • $720Loan loss allowance
  • $0Trading account assets
  • $2,365Bank premises and fixed assets
  • $933Other real estate owned
  • $0Goodwill and other intangibles
  • $68,599Life insurance assets
  • $979All other assets
  • $61,582Total liabilities and capital
  • $61,229Total liabilities
  • $50,098Total deposits
  • $61,229Interest-bearing deposits
  • $89Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $353Subordinated debt
  • $7,017All other liabilities
  • $7,017Total equity capital
  • $7,017Total bank equity capital
  • $500Perpetual preferred stock
  • $5,763Common stock
  • $755Surplus
  • $-1Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $2,777Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $157Income earned, not collected on loans
  • $0Earning assets
  • $253Long-term assets (5+ years)
  • $63,208Average Assets, year-to-date
  • $31,557Average Assets, quarterly
  • $70,456Volatile liabilities
  • $70,417Insider loans
  • $29,734FHLB advances
  • $70,195Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $7,017Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $5,441Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,911Total interest income
  • $406Total interest expense
  • $3,505Net interest income
  • $150Provision for loan and lease losses
  • $758Total noninterest income
  • $0Fiduciary activities
  • $140Service charges on deposit accounts
  • $0Trading account gains & fees
  • $618Additional noninterest income
  • $3,121Total noninterest expense
  • $1,830Salaries and employee benefits
  • $337Premises and equipment expense
  • $954Additional noninterest expense
  • $992Pre-tax net operating income
  • $0Securities gains (losses)
  • $255Applicable income taxes
  • $737Income before extraordinary items
  • $0Extraordinary gains - net
  • $737Net income attributable to bank
  • $0Net charge-offs
  • $737Cash dividends
  • $12Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.96%Yield on earning assets
  • 0.62%Cost of funding earning assets
  • 5.34%Net interest margin
  • 1.16%Noninterest income to earning assets
  • 4.76%Noninterest expense to earning assets
  • 1.05%Net operating income to assets
  • 1.05%Return on assets (ROA)
  • 1.41%Pretax return on assets
  • 11.51%Return on equity (ROE)
  • 11.51%Retained earnings to average equity (YTD only)
  • 0.03%Net charge-offs to loans
  • 1250.00%Credit loss provision to net charge-offs
  • 95.17%Efficiency ratio
  • 73,211Assets per employee
  • 2.64%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.70%Loss allowance to noncurrent loans
  • 458.60%Noncurrent assets plus other real estate owned to assets
  • 1.59%Noncurrent loans to loans
  • 0.37%Net loans and leases to deposits
  • 68.10%Net loans and leases to core deposits
  • 70.78%Equity capital to assets
  • 10.23%Core capital (leverage) ratio
  • 10.00%Tier 1 risk-based capital ratio
  • 23.60%Total risk-based capital ratio
  • Memoranda
  • $25Average assets
  • $70,456Average earning assets
  • $6,405Average equity
  • $65,579Average loans

List of branches

  • 2 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    036381The Bank901 Santa Fe Drive, Weatherford, TX 76086June 11, 1987Full Service Brick and Mortar
    5518639Hulen Street Branch2800 South Hulen Street, Suite 115, Fort Worth, TX 76109April 04, 2011Full Service Brick and Mortar

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