Titan Bank, N.A. in Mineral Wells, Texas (TX)

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Titan Bank, N.A. routing number info

Table of contents:
Titan Bank, N.A.
GeneralFDIC Certificate #: 3225
Status: Active
Federal Reserve ID: 328357
Bank Holding Company (Regulatory Top Holder): Bmc Bancshares, Inc. (RSSDID: 3831625, Location: Dallas, TX)
Date Established: January 01, 1907
WWW: http://www.titanbank.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: 4 (Domestic: 4, Interstate: No)
FDIC's unique #: 2080
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: Yes
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: September 26, 2011
Last Structure Change Process Date: November 01, 2011
Last Data Update: November 01, 2011
Data Source Date: April 05, 2012
LocationAddress: 1701 East Hubbard Avenue, Mineral Wells, TX 76067
County: Palo Pinto
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
Combined Statistical Area (CSA): Dallas-Fort Worth, TX (#206)
Core Based Statistical Area (CBSA): Mineral Wells, TX (#33420)
CBSA Micro Statistical Area: Yes
History of ChangesChange in Location
Financial SummaryTotal assets: $55.9 mil
Equity capital: $6.5 mil
Deposits held in domestic offices: $49.2 mil
Return on assets (ROA): 0.75% ($0.4 mil)
Quarterly return on assets: 0.35% ($0.2 mil)
Return on Equity (ROE): 6.56% ($0.4 mil)
Quarterly return on equity: 2.98% ($0.2 mil)
Net income: $0.4 mil
Quarterly Net income: $0.0 mil
Pretax return on assets: 0.75% ($419.1 mil)
Quarterly Pretax return on assets: 0.35% ($195.6 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)21
Total assets$55,874
Cash and due from depository institutions$11,822
Interest-bearing balances$11,175
Federal funds sold & reverse repurchase agreements$6,110
Net loans & leases$31,335
Loan loss allowance $389
Trading account assets$0
Bank premises and fixed assets$2,270
Other real estate owned$521
Goodwill and other intangibles$126
All other assets$701
Life insurance assets$55,874
Total liabilities and capital$49,408
Total liabilities$49,193
Total deposits$42,102
Interest-bearing deposits$49,193
Deposits held in domestic offices$98
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $215
All other liabilities $6,466
Total equity capital$6,466
Total bank equity capital$6,466
Perpetual preferred stock$0
Common stock$200
Undivided profits $518
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $33
Earning assets $0
Long-term assets (5+ years) $134
Average Assets, year-to-date $51,609
Average Assets, quarterly $7,175
Volatile liabilities $50,679
Insider loans $55,343
FHLB advances $31,908
Loans and leases held for sale $56,914
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $6,419
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $1,640
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $2,617
Total interest expense $564
Net interest income $2,053
Provision for loan and lease losses $159
Total noninterest income $1,679
Fiduciary activities $0
Service charges on deposit accounts $316
Trading account gains & fees $0
Additional noninterest income $1,363
Total noninterest expense $3,191
Salaries and employee benefits $1,674
Premises and equipment expense $150
Additional noninterest expense $1,367
Pre-tax net operating income $382
Securities gains (losses) $0
Applicable income taxes $0
Income before extraordinary items $382
Extraordinary gains - net $0
Net income attributable to bank $382
Net charge-offs $0
Cash dividends $382
Sale, conversion, retirement of capital stock, net $15
Net operating income $361
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.68%
Cost of funding earning assets 1.22%
Net interest margin 4.46%
Noninterest income to earning assets 3.65%
Noninterest expense to earning assets 6.93%
Net operating income to assets 0.75%
Return on assets (ROA) 0.75%
Pretax return on assets 0.75%
Return on equity (ROE) 6.56%
Retained earnings to average equity (YTD only) 0.36%
Net charge-offs to loans 0.06%
Credit loss provision to net charge-offs 1060.00%
Efficiency ratio36.07%
Assets per employee$85,343
Cash dividends to net income (YTD only)2.66%
Condition Ratios (%)
Loss allowance to loans 94.50%
Loss allowance to noncurrent loans 1.23%
Noncurrent assets plus other real estate owned to assets 1178.79%
Noncurrent loans to loans 0.99%
Net loans and leases to deposits0.10%
Net loans and leases to core deposits 63.70%
Equity capital to assets 67.78%
Core capital (leverage) ratio 11.57%
Tier 1 risk-based capital ratio 11.28%
Total risk-based capital ratio 20.12%
Average assets$21
Average earning assets$50,679
Average equity $5,823
Average loans $46,046
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4 Texas Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
02080Titan Bank, N.A.1701 East Hubbard Avenue, Mineral Wells, TX 76067January 01, 1907Full Service Brick and Mortar
1196181Graford P.K. Branch303 Fm 2353 North Possum Kingdom Lake, Graford, TX 76449September 05, 1995Full Service Brick and Mortar
2360183Graford Branch200 Main Street, Graford, TX 76449May 01, 2001Full Service Brick and Mortar
3527035Dallas Branch3100 Monticello Avenue, Suite 400, Dallas, TX 75205September 26, 2011Full Service Brick and Mortar
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