Vision Bank - Texas in Richardson, Texas (TX)



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Vision Bank - Texas routing number info

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Vision Bank - Texas
GeneralFDIC 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
LocationAddress: 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 SummaryTotal 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)
Total employees (full-time equivalent)18
Total assets$136,201
Cash and due from depository institutions$17,014
Interest-bearing balances$12,423
Securities$46,426
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$70,512
Loan loss allowance $1,165
Trading account assets$0
Bank premises and fixed assets$198
Other real estate owned$1,080
Goodwill and other intangibles$0
All other assets$971
Life insurance assets$136,202
Total liabilities and capital$123,072
Total liabilities$122,881
Total deposits$103,352
Interest-bearing deposits$122,881
Deposits held in domestic offices$85
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $191
All other liabilities $13,130
Total equity capital$13,130
Total bank equity capital$13,130
Perpetual preferred stock$1,575
Common stock$1,374
Surplus$13,091
Undivided profits $-2,910
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $150
Earning assets $0
Long-term assets (5+ years) $472
Average Assets, year-to-date $129,361
Average Assets, quarterly $70,417
Volatile liabilities $121,328
Insider loans $134,444
FHLB advances $85,730
Loans and leases held for sale $134,759
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $13,158
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $17,792
Derivatives$299
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $4,940
Total interest expense $1,448
Net interest income $3,492
Provision for loan and lease losses -$342
Total noninterest income $157
Fiduciary activities $0
Service charges on deposit accounts $103
Trading account gains & fees $0
Additional noninterest income $54
Total noninterest expense $3,414
Salaries and employee benefits $1,691
Premises and equipment expense $324
Additional noninterest expense $1,399
Pre-tax net operating income $577
Securities gains (losses) $126
Applicable income taxes $0
Income before extraordinary items $703
Extraordinary gains - net $0
Net income attributable to bank $703
Net charge-offs $0
Cash dividends $703
Sale, conversion, retirement of capital stock, net -$559
Net operating income $82
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.32%
Cost of funding earning assets 1.27%
Net interest margin 3.05%
Noninterest income to earning assets 0.14%
Noninterest expense to earning assets 2.98%
Net operating income to assets 0.48%
Return on assets (ROA) 0.58%
Pretax return on assets 0.58%
Return on equity (ROE) 5.51%
Retained earnings to average equity (YTD only) 4.87%
Net charge-offs to loans -0.90%
Credit loss provision to net charge-offs 61.18%
Efficiency ratio0.00%
Assets per employee$93,560
Cash dividends to net income (YTD only)7.57%
Condition Ratios (%)
Loss allowance to loans 11.66%
Loss allowance to noncurrent loans 1.63%
Noncurrent assets plus other real estate owned to assets 776.67%
Noncurrent loans to loans 0.90%
Net loans and leases to deposits0.21%
Net loans and leases to core deposits 57.38%
Equity capital to assets 62.71%
Core capital (leverage) ratio 9.64%
Tier 1 risk-based capital ratio 9.76%
Total risk-based capital ratio 15.35%
Memoranda
Average assets$17
Average earning assets$121,328
Average equity $12,759
Average loans $114,395
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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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