Brazos National Bank in Clute, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches


Brazos National Bank - Overview

  • General
  • FDIC Certificate #: 24038
    Status: Active
    Federal Reserve ID: 863362
    Bank Holding Company (Regulatory Top Holder): Gulfport Bancshares Of Delaware, Inc. (RSSDID: 3530218, Location: Richwood, TX)
    Date Established: August 02, 1982
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 16754
    Numeric code: 3
    Regulator: OCC
    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: No
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: August 02, 1982
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 2300 State Highway 288 - (Richwood), Clute, TX 77531
    County: Brazoria
    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): Brazoria, TX (#1145)
    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)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $26.2 mil
    Equity capital: $4.4 mil
    Deposits held in domestic offices: $15.7 mil
    Return on assets (ROA): 0.84% ($0.2 mil)
    Quarterly return on assets: -1.37% (-$0.4 mil)
    Return on Equity (ROE): 4.81% ($0.2 mil)
    Quarterly return on equity: -7.74% (-$0.3 mil)
    Net income: $0.2 mil
    Quarterly Net income: -$0.1 mil
    Pretax return on assets: 0.84% ($220.2 mil)
    Quarterly Pretax return on assets: -1.37% (-$359.2 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ 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
  • 26Total employees (full-time equivalent)
  • $26,217Total assets
  • $6,322Cash and due from depository institutions
  • $5,662Interest-bearing balances
  • $0Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $17,056Net loans & leases
  • $130Loan loss allowance
  • $0Trading account assets
  • $1,005Bank premises and fixed assets
  • $0Other real estate owned
  • $1,213Goodwill and other intangibles
  • $26,217Life insurance assets
  • $621All other assets
  • $21,783Total liabilities and capital
  • $15,655Total liabilities
  • $10,812Total deposits
  • $15,655Interest-bearing deposits
  • $94Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $6,100Trading liabilities
  • $0Other borrowed funds
  • $28Subordinated debt
  • $4,434All other liabilities
  • $4,434Total equity capital
  • $4,434Total bank equity capital
  • $0Perpetual preferred stock
  • $750Common stock
  • $2,856Surplus
  • $828Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $5,051Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $70Long-term assets (5+ years)
  • $22,718Average Assets, year-to-date
  • $7,096Average Assets, quarterly
  • $25,740Volatile liabilities
  • $25,748Insider loans
  • $20,742FHLB advances
  • $23,724Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $3,221Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $277Restructured Loans and leases
  • $338Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,137Total interest income
  • $76Total interest expense
  • $1,061Net interest income
  • $8Provision for loan and lease losses
  • $2,096Total noninterest income
  • $0Fiduciary activities
  • $89Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,007Additional noninterest income
  • $2,933Total noninterest expense
  • $1,968Salaries and employee benefits
  • $133Premises and equipment expense
  • $832Additional noninterest expense
  • $216Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $216Income before extraordinary items
  • $0Extraordinary gains - net
  • $216Net income attributable to bank
  • $0Net charge-offs
  • $216Cash dividends
  • $3Sale, conversion, retirement of capital stock, net
  • $145Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.20%Yield on earning assets
  • 0.35%Cost of funding earning assets
  • 4.86%Net interest margin
  • 9.59%Noninterest income to earning assets
  • 13.43%Noninterest expense to earning assets
  • 0.84%Net operating income to assets
  • 0.84%Return on assets (ROA)
  • 0.84%Pretax return on assets
  • 4.81%Return on equity (ROE)
  • 1.58%Retained earnings to average equity (YTD only)
  • 0.02%Net charge-offs to loans
  • 266.67%Credit loss provision to net charge-offs
  • 74.67%Efficiency ratio
  • 92,905Assets per employee
  • 1.01%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 67.13%Loss allowance to loans
  • 0.76%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 108.95%Net loans and leases to core deposits
  • 110.75%Equity capital to assets
  • 16.91%Core capital (leverage) ratio
  • 13.58%Tier 1 risk-based capital ratio
  • 15.53%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $25,740Average earning assets
  • $4,489Average equity
  • $21,845Average loans

List of branches

  • 1 Texas Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    016754Brazos National Bank2300 State Highway 288 - (Richwood), Clute, TX 77531August 02, 1982Full Service Brick and Mortar

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