Bank United in Houston, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 13, 2001

  • Bank United in Houston, Texas (TX)
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Bank United - Overview

  • General
  • FDIC Certificate #: 32640
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Washington Mutual Bank (#32633)
    Federal Reserve ID: 1363319
    Date Established: December 30, 1988
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 8558
    FDIC's unique #: 45474
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: December 30, 1988
    Last Structure Change Effective Date: Febuary 13, 2001
    Last Structure Change Process Date: Febuary 21, 2001
    Last Data Update: Febuary 21, 2001
    Data Source Date: April 05, 2012
  • Location
  • Address: 3200 Southwest Freeway, Houston, TX 77027
    County: Harris
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Houston
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Houston, TX (#3360)
    Consolidated Metropolitan Statistical Area (CMSA): Houston-Galveston-Brazoria, TX (#42)
    Combined Statistical Area (CSA): Houston-Baytown-Huntsville, TX (#288)
    Core Based Statistical Area (CBSA): Houston-Sugar Land-Baytown, TX (#26420)
    CBSA Metro Statistical Area: Houston-Sugar Land-Baytown, TX (#26420)
  • Financial Summary
  • Total assets: $18,646.9 mil

1992 - 1999 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, 2000)

  • Dollar figures in thousands
  • 2,572Total employees (full-time equivalent)
  • $18,646,936Total assets
  • $244,738Cash and due from depository institutions
  • $17,648Interest-bearing balances
  • $959,084Securities
  • $719,449Federal funds sold & reverse repurchase agreements
  • $15,190,032Net loans & leases
  • $116,325Loan loss allowance
  • $0Trading account assets
  • $86,469Bank premises and fixed assets
  • $22,469Other real estate owned
  • $625,951Goodwill and other intangibles
  • $0Life insurance assets
  • $798,744All other assets
  • $18,646,936Total liabilities and capital
  • $17,281,555Total liabilities
  • $8,437,353Total deposits
  • $7,357,520Interest-bearing deposits
  • $8,437,353Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $805,961Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $7,696,823Other borrowed funds
  • $149,111Subordinated debt
  • $192,307All other liabilities
  • $1,365,381Total equity capital
  • $1,365,381Total bank equity capital
  • $1,365,381Perpetual preferred stock
  • $177,818Common stock
  • $28Surplus
  • $423,909Undivided profits
  • Memoranda
  • $763,626Noncurrent loans and leases
  • $3,821,845Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $148,803Earning assets
  • $0Long-term assets (5+ years)
  • $105,643Average Assets, year-to-date
  • $16,886,213Average Assets, quarterly
  • $0Volatile liabilities
  • $17,918,629Insider loans
  • $18,391,894FHLB advances
  • $11,455,551Loans and leases held for sale
  • $104,375Unused loan commitments
  • $7,696,816Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $3,821,845Total unused commitments
  • $23,399Restructured Loans and leases
  • $265,471Derivatives

Income and Expense (December 31, 2000)

  • Dollar figures in thousands
  • $1,313,248Total interest income
  • $907,812Total interest expense
  • $405,436Net interest income
  • $41,681Provision for loan and lease losses
  • $165,424Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $51Trading account gains & fees
  • $165,373Additional noninterest income
  • $287,170Total noninterest expense
  • $144,493Salaries and employee benefits
  • $61,796Premises and equipment expense
  • $80,881Additional noninterest expense
  • $242,009Pre-tax net operating income
  • $11,473Securities gains (losses)
  • $88,790Applicable income taxes
  • $164,692Income before extraordinary items
  • $0Extraordinary gains - net
  • $164,692Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $13,131Sale, conversion, retirement of capital stock, net
  • $55,253Net operating income

Performance and Condition Ratios (December 31, 2000)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.09%Yield on earning assets
  • 5.59%Cost of funding earning assets
  • 2.50%Net interest margin
  • 1.02%Noninterest income to earning assets
  • 1.77%Noninterest expense to earning assets
  • 0.88%Net operating income to assets
  • 0.92%Return on assets (ROA)
  • 1.41%Pretax return on assets
  • 12.65%Return on equity (ROE)
  • 8.40%Retained earnings to average equity (YTD only)
  • 0.09%Net charge-offs to loans
  • 317.42%Credit loss provision to net charge-offs
  • 21.60%Efficiency ratio
  • 49,121Assets per employee
  • 7.25%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 33.55%Loss allowance to loans
  • 0.76%Loss allowance to noncurrent loans
  • 78.17%Noncurrent assets plus other real estate owned to assets
  • 0.92%Noncurrent loans to loans
  • 0.97%Net loans and leases to deposits
  • 180.03%Net loans and leases to core deposits
  • 276.96%Equity capital to assets
  • 7.32%Core capital (leverage) ratio
  • 6.95%Tier 1 risk-based capital ratio
  • 9.21%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $17,918,629Average earning assets
  • $1,302,255Average equity
  • $16,231,368Average loans

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