Titan Bank, N.A. in Mineral Wells, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

Titan Bank, N.A. - Overview

  • General
  • FDIC 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
  • Location
  • Address: 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 Changes
  • Change in Location
  • Financial Summary
  • Total 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
  • 21Total employees (full-time equivalent)
  • $55,874Total assets
  • $11,822Cash and due from depository institutions
  • $11,175Interest-bearing balances
  • $2,989Securities
  • $6,110Federal funds sold & reverse repurchase agreements
  • $31,335Net loans & leases
  • $389Loan loss allowance
  • $0Trading account assets
  • $2,270Bank premises and fixed assets
  • $521Other real estate owned
  • $126Goodwill and other intangibles
  • $55,874Life insurance assets
  • $701All other assets
  • $49,408Total liabilities and capital
  • $49,193Total liabilities
  • $42,102Total deposits
  • $49,193Interest-bearing deposits
  • $98Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $215Subordinated debt
  • $6,466All other liabilities
  • $6,466Total equity capital
  • $6,466Total bank equity capital
  • $0Perpetual preferred stock
  • $200Common stock
  • $5,748Surplus
  • $518Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $33Income earned, not collected on loans
  • $0Earning assets
  • $134Long-term assets (5+ years)
  • $51,609Average Assets, year-to-date
  • $7,175Average Assets, quarterly
  • $50,679Volatile liabilities
  • $55,343Insider loans
  • $31,908FHLB advances
  • $56,914Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $6,419Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,640Restructured Loans and leases
  • $700Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,617Total interest income
  • $564Total interest expense
  • $2,053Net interest income
  • $159Provision for loan and lease losses
  • $1,679Total noninterest income
  • $0Fiduciary activities
  • $316Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,363Additional noninterest income
  • $3,191Total noninterest expense
  • $1,674Salaries and employee benefits
  • $150Premises and equipment expense
  • $1,367Additional noninterest expense
  • $382Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $382Income before extraordinary items
  • $0Extraordinary gains - net
  • $382Net income attributable to bank
  • $0Net charge-offs
  • $382Cash dividends
  • $15Sale, conversion, retirement of capital stock, net
  • $361Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.68%Yield on earning assets
  • 1.22%Cost of funding earning assets
  • 4.46%Net interest margin
  • 3.65%Noninterest income to earning assets
  • 6.93%Noninterest expense to earning assets
  • 0.75%Net operating income to assets
  • 0.75%Return on assets (ROA)
  • 0.75%Pretax return on assets
  • 6.56%Return on equity (ROE)
  • 0.36%Retained earnings to average equity (YTD only)
  • 0.06%Net charge-offs to loans
  • 1060.00%Credit loss provision to net charge-offs
  • 36.07%Efficiency ratio
  • 85,343Assets per employee
  • 2.66%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 94.50%Loss allowance to loans
  • 1.23%Loss allowance to noncurrent loans
  • 1178.79%Noncurrent assets plus other real estate owned to assets
  • 0.99%Noncurrent loans to loans
  • 0.10%Net loans and leases to deposits
  • 63.70%Net loans and leases to core deposits
  • 67.78%Equity capital to assets
  • 11.57%Core capital (leverage) ratio
  • 11.28%Tier 1 risk-based capital ratio
  • 20.12%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $50,679Average earning assets
  • $5,823Average equity
  • $46,046Average loans

List of branches

  • 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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