Vision Bank - Texas in Richardson, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches


Vision Bank - Texas - Overview

  • General
  • FDIC Certificate #: 58447
    Status: Active
    Federal Reserve ID: 3468665
    Date Established: April 23, 2007
    WWW: http://www.visionbanktexas.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 451970
    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: April 23, 2007
    Last Structure Change Effective Date: October 07, 2007
    Last Structure Change Process Date: November 07, 2007
    Last Data Update: November 07, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 401 W. George Bush Freeway, Suite 101, Richardson, TX 75080
    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)
  • Financial Summary
  • Total assets: $136.2 mil
    Equity capital: $13.1 mil
    Deposits held in domestic offices: $122.9 mil
    Return on assets (ROA): 0.58% ($0.8 mil)
    Quarterly return on assets: -2.25% (-$3.1 mil)
    Return on Equity (ROE): 5.51% ($0.7 mil)
    Quarterly return on equity: -22.34% (-$2.9 mil)
    Net income: $0.7 mil
    Quarterly Net income: -$0.8 mil
    Pretax return on assets: 0.58% ($790.0 mil)
    Quarterly Pretax return on assets: -2.25% (-$3,064.5 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
  • 18Total employees (full-time equivalent)
  • $136,201Total assets
  • $17,014Cash and due from depository institutions
  • $12,423Interest-bearing balances
  • $46,426Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $70,512Net loans & leases
  • $1,165Loan loss allowance
  • $0Trading account assets
  • $198Bank premises and fixed assets
  • $1,080Other real estate owned
  • $0Goodwill and other intangibles
  • $136,202Life insurance assets
  • $971All other assets
  • $123,072Total liabilities and capital
  • $122,881Total liabilities
  • $103,352Total deposits
  • $122,881Interest-bearing deposits
  • $85Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $191Subordinated debt
  • $13,130All other liabilities
  • $13,130Total equity capital
  • $13,130Total bank equity capital
  • $1,575Perpetual preferred stock
  • $1,374Common stock
  • $13,091Surplus
  • $-2,910Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $150Income earned, not collected on loans
  • $0Earning assets
  • $472Long-term assets (5+ years)
  • $129,361Average Assets, year-to-date
  • $70,417Average Assets, quarterly
  • $121,328Volatile liabilities
  • $134,444Insider loans
  • $85,730FHLB advances
  • $134,759Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $13,158Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $17,792Restructured Loans and leases
  • $299Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,940Total interest income
  • $1,448Total interest expense
  • $3,492Net interest income
  • -$342Provision for loan and lease losses
  • $157Total noninterest income
  • $0Fiduciary activities
  • $103Service charges on deposit accounts
  • $0Trading account gains & fees
  • $54Additional noninterest income
  • $3,414Total noninterest expense
  • $1,691Salaries and employee benefits
  • $324Premises and equipment expense
  • $1,399Additional noninterest expense
  • $577Pre-tax net operating income
  • $126Securities gains (losses)
  • $0Applicable income taxes
  • $703Income before extraordinary items
  • $0Extraordinary gains - net
  • $703Net income attributable to bank
  • $0Net charge-offs
  • $703Cash dividends
  • -$559Sale, conversion, retirement of capital stock, net
  • $82Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.32%Yield on earning assets
  • 1.27%Cost of funding earning assets
  • 3.05%Net interest margin
  • 0.14%Noninterest income to earning assets
  • 2.98%Noninterest expense to earning assets
  • 0.48%Net operating income to assets
  • 0.58%Return on assets (ROA)
  • 0.58%Pretax return on assets
  • 5.51%Return on equity (ROE)
  • 4.87%Retained earnings to average equity (YTD only)
  • -0.90%Net charge-offs to loans
  • 61.18%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 93,560Assets per employee
  • 7.57%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 11.66%Loss allowance to loans
  • 1.63%Loss allowance to noncurrent loans
  • 776.67%Noncurrent assets plus other real estate owned to assets
  • 0.90%Noncurrent loans to loans
  • 0.21%Net loans and leases to deposits
  • 57.38%Net loans and leases to core deposits
  • 62.71%Equity capital to assets
  • 9.64%Core capital (leverage) ratio
  • 9.76%Tier 1 risk-based capital ratio
  • 15.35%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $121,328Average earning assets
  • $12,759Average equity
  • $114,395Average loans

List of branches

  • 1 Texas Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0451970Vision Bank - Texas401 W. George Bush Freeway, Suite 101, Richardson, TX 75080April 23, 2007Full Service Brick and Mortar

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