Bank of Commerce in Fort Worth, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 20, 1999

  • Bank of Commerce in Fort Worth, Texas (TX)
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Bank of Commerce - Overview

  • General
  • 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

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