FDIC Certificate #: 15795 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:The Frost National Bank (#5510) Federal Reserve ID: 461450 Date Established: January 01, 1923 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 5 (Interstate: No) OTS Docket #: 11763 FDIC's unique #: 10041 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: Yes Date of Deposit Insurance: January 15, 1941 Last Structure Change Effective Date: May 20, 1999 Last Structure Change Process Date: June 08, 1999 Last Data Update: June 08, 1999 Data Source Date: April 05, 2012
Location
Address: 800 Throckmorton Street, Fort Worth, TX 76102 County: Tarrant 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): Fort Worth-Arlington, TX (#2800) 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: Fort Worth-Arlington, TX (#23104)
Financial Summary
Total assets: $180.8 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
71Total employees (full-time equivalent)
$188,923Total assets
$9,931Cash and due from depository institutions
$2,054Interest-bearing balances
$89,887Securities
$6,500Federal funds sold & reverse repurchase agreements
$75,876Net loans & leases
$762Loan loss allowance
$0Trading account assets
$4,316Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$2,413All other assets
$188,923Total liabilities and capital
$174,882Total liabilities
$173,823Total deposits
$131,511Interest-bearing deposits
$173,823Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$1,059All other liabilities
$14,041Total equity capital
$14,041Total bank equity capital
$14,041Perpetual preferred stock
$0Common stock
$2,000Surplus
$8,000Undivided profits
Memoranda
$4,041Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$200Earning assets
$0Long-term assets (5+ years)
$553Average Assets, year-to-date
$174,317Average Assets, quarterly
$37,084Volatile liabilities
$170,652Insider loans
$183,758FHLB advances
$14,922Loans and leases held for sale
$1,525Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$24,354Total unused commitments
$0Restructured Loans and leases
$98,863Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$11,585Total interest income
$5,072Total interest expense
$6,513Net interest income
$375Provision for loan and lease losses
$1,473Total noninterest income
$698Fiduciary activities
$623Service charges on deposit accounts
$0Trading account gains & fees
$152Additional noninterest income
$5,595Total noninterest expense
$2,862Salaries and employee benefits
$1,085Premises and equipment expense
$1,648Additional noninterest expense
$2,016Pre-tax net operating income
$503Securities gains (losses)
$788Applicable income taxes
$1,731Income before extraordinary items
$0Extraordinary gains - net
$1,731Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$259Sale, conversion, retirement of capital stock, net
$259Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.45%Yield on earning assets
3.26%Cost of funding earning assets
4.19%Net interest margin
0.95%Noninterest income to earning assets
3.60%Noninterest expense to earning assets
0.81%Net operating income to assets
1.01%Return on assets (ROA)
1.48%Pretax return on assets
12.99%Return on equity (ROE)
11.05%Retained earnings to average equity (YTD only)
0.36%Net charge-offs to loans
144.79%Credit loss provision to net charge-offs
9.23%Efficiency ratio
70,060Assets per employee
2.66%Cash dividends to net income (YTD only)
Condition Ratios (%)
14.96%Loss allowance to loans
0.99%Loss allowance to noncurrent loans
381.00%Noncurrent assets plus other real estate owned to assets
0.11%Noncurrent loans to loans
0.26%Net loans and leases to deposits
43.65%Net loans and leases to core deposits
47.75%Equity capital to assets
7.43%Core capital (leverage) ratio
7.55%Tier 1 risk-based capital ratio
13.87%Total risk-based capital ratio
Memoranda
$15Average assets
$170,652Average earning assets
$13,327Average equity
$155,478Average loans
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Bank of Commerce.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: