ViewPoint Bank, National Association in Plano, Texas (TX)
| ViewPoint Bank, National Association | |
|---|---|
| General | FDIC Certificate #: 58006 Status: Active Federal Reserve ID: 878898 Bank Holding Company (Regulatory Top Holder): Viewpoint Financial Group, Inc. (RSSDID: 4191465, Location: Plano, TX) Date Established: January 01, 2006 WWW: http://www.viewpointbank.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: 24 (Domestic: 24, Interstate: No) OTS Docket #: 17993 FDIC's unique #: 433587 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: No Asset Concentration Hierarchy: Mortgage Lending Specialization Date of Deposit Insurance: January 01, 2006 Last Structure Change Effective Date: December 19, 2011 Last Structure Change Process Date: January 06, 2012 Last Data Update: January 06, 2012 Data Source Date: April 05, 2012 |
| Location | Address: 1309 W. 15th Street, #400, Plano, TX 75075 County: Collin 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 Location |
| Financial Summary | Total assets: $3,179.7 mil Equity capital: $321.7 mil Deposits held in domestic offices: $2,050.8 mil Return on assets (ROA): 0.89% ($28.3 mil) Quarterly return on assets: 1.25% ($39.8 mil) Return on Equity (ROE): 8.83% ($28.4 mil) Quarterly return on equity: 12.62% ($40.6 mil) Net income: $27.1 mil Quarterly Net income: $10.0 mil Pretax return on assets: 1.29% ($41,018.7 mil) Quarterly Pretax return on assets: 1.75% ($55,645.5 mil) |
| Assets and Liabilities (December 31, 2011) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 563 |
| Total assets | $3,179,743 |
| Cash and due from depository institutions | $46,348 |
| Interest-bearing balances | $29,688 |
| Securities | $934,233 |
| Federal funds sold & reverse repurchase agreements | $0 |
| Net loans & leases | $2,045,289 |
| Loan loss allowance | $17,487 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $50,261 |
| Other real estate owned | $2,286 |
| Goodwill and other intangibles | $1,238 |
| All other assets | $100,088 |
| Life insurance assets | $3,179,743 |
| Total liabilities and capital | $2,858,045 |
| Total liabilities | $2,050,835 |
| Total deposits | $1,751,821 |
| Interest-bearing deposits | $2,050,835 |
| Deposits held in domestic offices | $78 |
| % insured (estimated) | 25000.00% |
| Federal funds purchased & repurchase agreements | $0 |
| Trading liabilities | $766,587 |
| Other borrowed funds | $0 |
| Subordinated debt | $15,623 |
| All other liabilities | $321,698 |
| Total equity capital | $321,698 |
| Total bank equity capital | $321,698 |
| Perpetual preferred stock | $0 |
| Common stock | $0 |
| Surplus | $175,294 |
| Undivided profits | $146,404 |
| Memoranda | |
| Noncurrent loans and leases | $0 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $834,352 |
| Income earned, not collected on loans | $22,978 |
| Earning assets | $736 |
| Long-term assets (5+ years) | $8,982 |
| Average Assets, year-to-date | $3,009,210 |
| Average Assets, quarterly | $1,794,665 |
| Volatile liabilities | $3,023,043 |
| Insider loans | $3,207,258 |
| FHLB advances | $2,053,958 |
| Loans and leases held for sale | $3,212,934 |
| Unused loan commitments | $29,175 |
| Tier 1 (core) risk-based capital | $29,175 |
| Tier 2 risk-based capital | $319,207 |
| Total risk weighted assets | $0 |
| Total unused commitments | $0 |
| Restructured Loans and leases | $436,274 |
| Derivatives | $1,365 |
| Income and Expense (December 31, 2011) (Dollar figures in thousands) | |
| Total interest income | $119,870 |
| Total interest expense | $33,993 |
| Net interest income | $85,877 |
| Provision for loan and lease losses | $3,970 |
| Total noninterest income | $24,752 |
| Fiduciary activities | $0 |
| Service charges on deposit accounts | $7,421 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $17,331 |
| Total noninterest expense | $73,881 |
| Salaries and employee benefits | $46,523 |
| Premises and equipment expense | $8,691 |
| Additional noninterest expense | $18,667 |
| Pre-tax net operating income | $32,778 |
| Securities gains (losses) | $6,268 |
| Applicable income taxes | $11,990 |
| Income before extraordinary items | $27,056 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | $27,056 |
| Net charge-offs | $0 |
| Cash dividends | $27,056 |
| Sale, conversion, retirement of capital stock, net | $1,330 |
| Net operating income | $0 |
| Performance and Condition Ratios (December 31, 2011) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 4.18% |
| Cost of funding earning assets | 1.19% |
| Net interest margin | 3.00% |
| Noninterest income to earning assets | 0.86% |
| Noninterest expense to earning assets | 2.58% |
| Net operating income to assets | 0.75% |
| Return on assets (ROA) | 0.89% |
| Pretax return on assets | 1.29% |
| Return on equity (ROE) | 8.83% |
| Retained earnings to average equity (YTD only) | 8.83% |
| Net charge-offs to loans | 0.08% |
| Credit loss provision to net charge-offs | 298.50% |
| Efficiency ratio | 27.63% |
| Assets per employee | $66,539 |
| Cash dividends to net income (YTD only) | 5.65% |
| Condition Ratios (%) | |
| Loss allowance to loans | 0.00% |
| Loss allowance to noncurrent loans | 0.85% |
| Noncurrent assets plus other real estate owned to assets | 76.10% |
| Noncurrent loans to loans | 0.79% |
| Net loans and leases to deposits | 1.11% |
| Net loans and leases to core deposits | 99.73% |
| Equity capital to assets | 121.17% |
| Core capital (leverage) ratio | 10.12% |
| Tier 1 risk-based capital ratio | 9.94% |
| Total risk-based capital ratio | 15.54% |
| Memoranda | |
| Average assets | $16 |
| Average earning assets | $3,023,043 |
| Average equity | $306,439 |
| Average loans | $2,867,036 |
| 24 Texas Branches as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 0 | 433587 | Viewpoint Bank, National Association | 1309 W. 15th Street, #400, Plano, TX 75075 | January 01, 2006 | Full Service Brick and Mortar |  |
| 1 | 463735 | Lake Highlands Branch | 10203 East Northwest Highway, Dallas, TX 75238 | January 01, 2006 | Full Service Brick and Mortar |  |
| 3 | 463740 | Plano Central Branch | 1201 West 15th Street, Plano, TX 75075 | January 01, 2006 | Full Service Brick and Mortar | |
| 4 | 463743 | West Richardson Branch | 1280 West Campbell Road, Richardson, TX 75080 | January 01, 2006 | Full Service Brick and Mortar | |
| 7 | 463746 | Richardson Motor Branch | 1775 North Plano Road, Richardson, TX 75081 | January 01, 2006 | Full Service Brick and Mortar | |
| 8 | 463748 | Carrollton Branch | 1801 Keller Springs Road, Carrollton, TX 75006 | January 01, 2006 | Full Service Brick and Mortar | |
| 12 | 463765 | Grand Prairie Is Branch | 215 North Carrier Parkway, Grand Prairie, TX 75050 | January 01, 2006 | Full Service Brick and Mortar | |
| 14 | 463771 | Garland Branch | 2218 North Jupiter Road, Garland, TX 75044 | January 01, 2006 | Full Service Brick and Mortar | |
| 16 | 463773 | West Allen Branch | 225 South Custer Road, Allen, TX 75013 | January 01, 2006 | Full Service Brick and Mortar | |
| 17 | 463775 | Mckinney Motor Branch | 231 North Chestnut Street, Mckinney, TX 75069 | January 01, 2006 | Full Service Brick and Mortar | |
| 18 | 463776 | Mckinney Branch | 2500 West Virginia Parkway, Mckinney, TX 75071 | January 01, 2006 | Full Service Brick and Mortar | |
| 19 | 463778 | East Plano Branch | 2501 East Plano Parkway, Plano, TX 75074 | January 01, 2006 | Full Service Brick and Mortar | |
| 22 | 463962 | Allen Branch | 321 East Mcdermott Dr, Allen, TX 75002 | January 01, 2006 | Full Service Brick and Mortar | |
| 24 | 463964 | Frisco Branch | 3833 Preston Road, Frisco, TX 75034 | January 01, 2006 | Full Service Brick and Mortar | |
| 29 | 463969 | Addison Branch | 4560 Belt Line Road Suite 100, Addison, TX 75001 | January 01, 2006 | Full Service Brick and Mortar | |
| 30 | 463970 | West Plano Branch | 5400 Independence Parkway, Plano, TX 75023 | January 01, 2006 | Full Service Brick and Mortar | |
| 31 | 463971 | Tollroad Branch | 5900 West Park Boulevard, Plano, TX 75093 | January 01, 2006 | Full Service Brick and Mortar | |
| 33 | 463973 | Coppell Branch | 687 Denton Tap Road, Coppell, TX 75019 | January 01, 2006 | Full Service Brick and Mortar | |
| 34 | 463974 | Richardson Branch | 720 East Arapaho Road, Richardson, TX 75081 | January 01, 2006 | Full Service Brick and Mortar | |
| 36 | 518127 | Wylie Branch | 3490 Fm 544, Wylie, TX 75098 | September 30, 2009 | Full Service Brick and Mortar | |
| 37 | 518241 | Grapevine Branch | 301 S Park Blvd, Grapevine, TX 76051 | April 16, 2009 | Full Service Brick and Mortar | |
| 38 | 518242 | West Frisco Branch | 2975 Main Street, Frisco, TX 75034 | May 20, 2009 | Full Service Brick and Mortar | |
| 39 | 518243 | 0ak Cliff Branch | 2498 W. Illinois Ave, Dallas, TX 75233 | October 20, 2008 | Full Service Brick and Mortar | |
| 40 | 518244 | North East Tarrant County Branch | 3040 State Highway 121, Euless, TX 76039 | August 18, 2008 | Full Service Brick and Mortar | |
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