FDIC Certificate #: 35147 Status: Inactive Closing history: Participated in Reorganization Acquiring institution:Prosperity Bank (#16835) Federal Reserve ID: 2829335 Date Established: July 09, 1999 WWW:http://www.villagebank.com Bank Charter Class: Savings banks, state charter, supervised by the FDIC Offices: 1 (Interstate: No) OTS Docket #: 99998 FDIC's unique #: 75140 Numeric code: 41 Regulator: FDIC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes FDIC Insured: Yes Insured Savings Institution: Yes State Chartered: Yes Date of Deposit Insurance: July 09, 1999 Last Structure Change Effective Date: August 01, 2004 Last Structure Change Process Date: September 14, 2004 Last Data Update: September 14, 2004 Data Source Date: April 05, 2012
Location
Address: 1415 Ranch Road 620 South, Lakeway, TX 78734 County: Travis Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Austin Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): Austin-San Marcos, TX (#640) Combined Statistical Area (CSA): Austin-Round Rock-Marble Falls, TX (#126) Core Based Statistical Area (CBSA): Austin-Round Rock-San Marcos, TX (#12420) CBSA Metro Statistical Area: Austin-Round Rock-San Marcos, TX (#12420)
History of Changes
Merger - Without Assistance
Participated in Reorganization
Financial Summary
Total assets: $110.9 mil
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2003)
Dollar figures in thousands
30Total employees (full-time equivalent)
$108,389Total assets
$3,944Cash and due from depository institutions
$343Interest-bearing balances
$15,337Securities
$6,094Federal funds sold & reverse repurchase agreements
$74,906Net loans & leases
$750Loan loss allowance
$0Trading account assets
$5,080Bank premises and fixed assets
$1,150Other real estate owned
$302Goodwill and other intangibles
$0Life insurance assets
$1,576All other assets
$108,389Total liabilities and capital
$98,167Total liabilities
$95,222Total deposits
$80,387Interest-bearing deposits
$95,222Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$2,665Other borrowed funds
$0Subordinated debt
$280All other liabilities
$10,222Total equity capital
$10,222Total bank equity capital
$10,222Perpetual preferred stock
$0Common stock
$6,891Surplus
$1,723Undivided profits
Memoranda
$1,608Noncurrent loans and leases
$18,122Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$450Earning assets
$0Long-term assets (5+ years)
$363Average Assets, year-to-date
$96,680Average Assets, quarterly
$3,120Volatile liabilities
$105,953Insider loans
$105,665FHLB advances
$13,280Loans and leases held for sale
$3,154Unused loan commitments
$2,665Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$18,122Total unused commitments
$0Restructured Loans and leases
$750Derivatives
Income and Expense (December 31, 2003)
Dollar figures in thousands
$6,102Total interest income
$1,940Total interest expense
$4,162Net interest income
$10Provision for loan and lease losses
$1,707Total noninterest income
$13Fiduciary activities
$78Service charges on deposit accounts
$0Trading account gains & fees
$1,616Additional noninterest income
$4,439Total noninterest expense
$2,568Salaries and employee benefits
$855Premises and equipment expense
$1,016Additional noninterest expense
$1,420Pre-tax net operating income
$0Securities gains (losses)
$416Applicable income taxes
$1,004Income before extraordinary items
$0Extraordinary gains - net
$1,004Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$100Sale, conversion, retirement of capital stock, net
$1,000Net operating income
Performance and Condition Ratios (December 31, 2003)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.40%Yield on earning assets
2.03%Cost of funding earning assets
4.36%Net interest margin
1.79%Noninterest income to earning assets
4.65%Noninterest expense to earning assets
0.95%Net operating income to assets
0.95%Return on assets (ROA)
1.34%Pretax return on assets
9.70%Return on equity (ROE)
0.04%Retained earnings to average equity (YTD only)
0.13%Net charge-offs to loans
10.00%Credit loss provision to net charge-offs
14.30%Efficiency ratio
74,595Assets per employee
3.61%Cash dividends to net income (YTD only)
Condition Ratios (%)
99.60%Loss allowance to loans
0.99%Loss allowance to noncurrent loans
166.67%Noncurrent assets plus other real estate owned to assets
1.48%Noncurrent loans to loans
0.59%Net loans and leases to deposits
78.66%Net loans and leases to core deposits
91.41%Equity capital to assets
9.43%Core capital (leverage) ratio
9.38%Tier 1 risk-based capital ratio
12.42%Total risk-based capital ratio
Memoranda
$13Average assets
$105,953Average earning assets
$10,347Average equity
$95,394Average loans
Total Fiduciary and Related Assets (December 31, 2002)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
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