United Central Bank in Garland, Texas (TX), IL, CA, VA, GA
Overview, Financial Summary, Detailed Financial Reports, Branches


  • United Central Bank in Garland, Texas (TX), IL, CA, VA, GA
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United Central Bank - Overview

  • General
  • FDIC Certificate #: 25330
    Status: Active
    Federal Reserve ID: 259657
    Bank Holding Company (Regulatory Top Holder): Central Bancorp, Inc. (RSSDID: 1250035, Location: Garland, TX)
    Date Established: August 20, 1984
    WWW: http://www.unitedcentralbank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 30 (Domestic: 30, Interstate: Yes)
    FDIC's unique #: 17519
    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: August 20, 1984
    Last Structure Change Effective Date: July 31, 2009
    Last Structure Change Process Date: August 04, 2009
    Last Data Update: August 04, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 4555 West Walnut, Garland, TX 75042
    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
  • Participated in FDIC Assisted Absorption/Consolidation/Merger
    Corrections
  • Financial Summary
  • Total assets: $2,348.5 mil
    Equity capital: $171.4 mil
    Deposits held in domestic offices: $2,060.1 mil
    Return on assets (ROA): -0.27% (-$6.3 mil)
    Quarterly return on assets: -2.43% (-$57.1 mil)
    Return on Equity (ROE): -3.52% (-$6.0 mil)
    Quarterly return on equity: -32.85% (-$56.2 mil)
    Net income: -$6.4 mil
    Quarterly Net income: -$14.7 mil
    Pretax return on assets: -0.39% (-$9,159.3 mil)
    Quarterly Pretax return on assets: -3.93% (-$92,297.5 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
  • 420Total employees (full-time equivalent)
  • $2,348,538Total assets
  • $402,217Cash and due from depository institutions
  • $375,322Interest-bearing balances
  • $171,302Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $1,355,763Net loans & leases
  • $67,779Loan loss allowance
  • $0Trading account assets
  • $30,263Bank premises and fixed assets
  • $66,661Other real estate owned
  • $4,153Goodwill and other intangibles
  • $2,348,538Life insurance assets
  • $318,179All other assets
  • $2,177,155Total liabilities and capital
  • $2,060,127Total liabilities
  • $1,912,374Total deposits
  • $2,060,127Interest-bearing deposits
  • $88Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $83,000Trading liabilities
  • $0Other borrowed funds
  • $34,028Subordinated debt
  • $171,383All other liabilities
  • $171,383Total equity capital
  • $171,383Total bank equity capital
  • $0Perpetual preferred stock
  • $1,200Common stock
  • $88,826Surplus
  • $81,357Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $488,653Income earned, not collected on loans
  • $31,600Earning assets
  • $5,184Long-term assets (5+ years)
  • $1,902,387Average Assets, year-to-date
  • $326,710Average Assets, quarterly
  • $2,392,784Volatile liabilities
  • $2,413,661Insider loans
  • $1,158,615FHLB advances
  • $2,401,565Loans and leases held for sale
  • $17,667Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $167,113Tier 2 risk-based capital
  • $17,265Total risk weighted assets
  • $402Total unused commitments
  • $21,607Restructured Loans and leases
  • $23,006Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $108,371Total interest income
  • $29,674Total interest expense
  • $78,697Net interest income
  • $48,223Provision for loan and lease losses
  • $28,606Total noninterest income
  • $0Fiduciary activities
  • $5,166Service charges on deposit accounts
  • $0Trading account gains & fees
  • $23,440Additional noninterest income
  • $70,869Total noninterest expense
  • $27,320Salaries and employee benefits
  • $9,069Premises and equipment expense
  • $34,480Additional noninterest expense
  • -$11,789Pre-tax net operating income
  • $2,561Securities gains (losses)
  • -$2,859Applicable income taxes
  • -$6,369Income before extraordinary items
  • $0Extraordinary gains - net
  • -$6,369Net income attributable to bank
  • $0Net charge-offs
  • -$6,369Cash dividends
  • $43,108Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.48%Yield on earning assets
  • 1.50%Cost of funding earning assets
  • 3.98%Net interest margin
  • 1.45%Noninterest income to earning assets
  • 3.58%Noninterest expense to earning assets
  • -0.34%Net operating income to assets
  • -0.27%Return on assets (ROA)
  • -0.39%Pretax return on assets
  • -3.52%Return on equity (ROE)
  • -3.52%Retained earnings to average equity (YTD only)
  • 2.71%Net charge-offs to loans
  • 111.87%Credit loss provision to net charge-offs
  • 0.85%Efficiency ratio
  • 65,445Assets per employee
  • 5.59%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 4.76%Loss allowance to noncurrent loans
  • 13.87%Noncurrent assets plus other real estate owned to assets
  • 23.65%Noncurrent loans to loans
  • 34.33%Net loans and leases to deposits
  • 65.81%Net loans and leases to core deposits
  • 77.04%Equity capital to assets
  • 7.30%Core capital (leverage) ratio
  • 6.96%Tier 1 risk-based capital ratio
  • 14.42%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $2,392,784Average earning assets
  • $180,853Average equity
  • $1,977,663Average loans

List of branches

  • 4 California Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    12479864Artesia Branch11710 South Street, Suite 101, Artesia, CA 90701October 15, 2007Full Service Brick and Mortar
    13479865Fashion Mart Branch900 S.Main Street, Los Angeles, CA 90015May 08, 2008Full Service Brick and Mortar
    15479867Irvine Branch1140 Roosevelt Ave, Irvine, CA 92620June 03, 2008Full Service Brick and Mortar
    17493429Wilshire Boulevard Branch2975 Wilshire Blvd Suite 110, Los Angeles, CA 90010October 09, 2008Full Service Brick and Mortar
  • 1 Georgia Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    16493428Jimmy Carter Branch5675 Jimmy Carter Blvd Suite 103, Norcross, GA 30071September 05, 2008Full Service Brick and Mortar
  • 10 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    1812538Ucb North - Harvey16540 South Halsted Street, Harvey, IL 60426December 15, 1962Full Service Brick and Mortar
    19358979Western Avenue Branch6335 North Western Avenue, Chicago, IL 60659December 18, 2000Full Service Brick and Mortar
    20359409Roselle Branch801 East Nerge Road, Roselle, IL 60172Febuary 15, 2001Full Service Brick and Mortar
    21360404Villa Park Branch298 West North Avenue, Villa Park, IL 60181June 08, 2001Full Service Brick and Mortar
    2213813Security Dupage Naperville Branch1112 South Washington Street, Naperville, IL 60540January 13, 1970Full Service Brick and Mortar
    23250298Naperville Branch664 Raymond Drive, Naperville, IL 60540May 21, 1987Full Service Brick and Mortar
    243597241303 Ogden Avenue Branch1303 Ogden Avenue, Downers Grove, IL 60515January 04, 1996Full Service Brick and Mortar
    25361530Carol Stream Branch1275 County Farm Road, Carol Stream, IL 60188April 09, 2001Full Service Brick and Mortar
    28478549Messenger Service For Retirement Hom16540 South Halsted, Harvey, IL 60426July 10, 2008Limited Service Messenger
    29479176Aurora Branch3999 W 75th Street, Aurora, IL 60504August 29, 2007Full Service Brick and Mortar
  • 1 Maryland Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    14479866Rockville Branch706 Rockville Pike, Rockville, MD 20852March 10, 2008Full Service Brick and Mortar
  • 1 New Jersey Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    27365010Edison Crosslands Shopping Center Br1031 Route 1 South, Edison, NJ 8837Febuary 06, 2001Full Service Brick and Mortar
  • 1 New York Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    2642828Staten Island Branch221 Port Richmond Avenue, Staten Island, NY 10302January 01, 1912Full Service Brick and Mortar
  • 10 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    017519United Central Bank4555 West Walnut, Garland, TX 75042August 20, 1984Full Service Brick and Mortar
    1258053The Harry Hines Branch11235 Harry Hines Boulevard, Dallas, TX 75229May 11, 1989Full Service Brick and Mortar
    2258054Gessner Branch8585 South Gessner, Houston, TX 77074July 15, 1994Full Service Brick and Mortar
    3258055Arlington Branch1107 East Pioneer Parkway, Arlington, TX 76010January 31, 1996Full Service Brick and Mortar
    4258056Gessner Branch1611 Gessner, Houston, TX 77055December 15, 1997Full Service Brick and Mortar
    5258057Killeen Branch404 E. Veterans Memorial Blvd., Killeen, TX 76541July 01, 1998Full Service Brick and Mortar
    7431770Austin Branch5816 North I-35, Austin, TX 78751September 15, 2004Full Service Brick and Mortar
    8453564Hillcorft Branch5910 Hillcorft, Houston, TX 77036March 01, 2006Full Service Brick and Mortar
    32501277Carrollton Branch2625 Denton Road, Suite 100, Carrollton, TX 75007October 27, 2009Full Service Brick and Mortar
    33511443Plano-Legacy Branch280 Legacy Drive, Plano, TX 75023October 16, 2009Full Service Brick and Mortar
  • 2 Virginia Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    9456124Brandon Avenue6400 Brandon Avenue, Springfield, VA 22150September 01, 2006Full Service Brick and Mortar
    31493839Annadale Branch7140 Little River, Annandale, VA 22003October 09, 2008Full Service Brick and Mortar

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