Charter Alliance Bank in Corpus Christi, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 01, 2011

  • Charter Alliance Bank in Corpus Christi, Texas (TX)
  • Show street view No street view available for this location

Charter Alliance Bank - Overview

  • General
  • FDIC Certificate #: 58751
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Charter Bank (#18660)
    Federal Reserve ID: 3595785
    Date Established: Febuary 17, 2009
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 466531
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: Febuary 17, 2009
    Last Structure Change Effective Date: Febuary 01, 2011
    Last Structure Change Process Date: Febuary 03, 2011
    Last Data Update: Febuary 03, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 3701 Saratoga Boulevard, Corpus Christi, TX 78415
    County: Nueces
    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): Corpus Christi, TX (#1880)
    Combined Statistical Area (CSA): Corpus Christi-Kingsville, TX (#204)
    Core Based Statistical Area (CBSA): Corpus Christi, TX (#18580)
    CBSA Metro Statistical Area: Corpus Christi, TX (#18580)
  • Financial Summary
  • Total assets: $18.0 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, 2010)

  • Dollar figures in thousands
  • 7Total employees (full-time equivalent)
  • $17,996Total assets
  • $1,972Cash and due from depository institutions
  • $1,442Interest-bearing balances
  • $0Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $13,962Net loans & leases
  • $254Loan loss allowance
  • $0Trading account assets
  • $1,844Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $218All other assets
  • $17,996Total liabilities and capital
  • $13,084Total liabilities
  • $12,955Total deposits
  • $11,352Interest-bearing deposits
  • $12,955Deposits held in domestic offices
  • 92.63%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $129All other liabilities
  • $4,912Total equity capital
  • $4,912Total bank equity capital
  • $4,912Perpetual preferred stock
  • $0Common stock
  • $100Surplus
  • $4,900Undivided profits
  • Memoranda
  • $-88Noncurrent loans and leases
  • $3,692Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $0Long-term assets (5+ years)
  • $71Average Assets, year-to-date
  • $15,404Average Assets, quarterly
  • $1,082Volatile liabilities
  • $19,965Insider loans
  • $19,630FHLB advances
  • $7,712Loans and leases held for sale
  • $1,233Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $3,692Total unused commitments
  • $0Restructured Loans and leases
  • $193Derivatives

Income and Expense (December 31, 2010)

  • Dollar figures in thousands
  • $1,220Total interest income
  • $248Total interest expense
  • $972Net interest income
  • $101Provision for loan and lease losses
  • $77Total noninterest income
  • $0Fiduciary activities
  • $44Service charges on deposit accounts
  • $0Trading account gains & fees
  • $33Additional noninterest income
  • $799Total noninterest expense
  • $357Salaries and employee benefits
  • $178Premises and equipment expense
  • $264Additional noninterest expense
  • $149Pre-tax net operating income
  • $0Securities gains (losses)
  • $54Applicable income taxes
  • $95Income before extraordinary items
  • $0Extraordinary gains - net
  • $95Net income attributable to bank
  • $0Net charge-offs
  • $95Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2010)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.03%Yield on earning assets
  • 1.43%Cost of funding earning assets
  • 5.60%Net interest margin
  • 0.44%Noninterest income to earning assets
  • 4.61%Noninterest expense to earning assets
  • 0.48%Net operating income to assets
  • 0.48%Return on assets (ROA)
  • 0.75%Pretax return on assets
  • 1.96%Return on equity (ROE)
  • 1.96%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 76,168Assets per employee
  • 2.57%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.79%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
  • 107.77%Net loans and leases to core deposits
  • 266.30%Equity capital to assets
  • 27.29%Core capital (leverage) ratio
  • 24.21%Tier 1 risk-based capital ratio
  • 31.25%Total risk-based capital ratio
  • Memoranda
  • $32Average assets
  • $19,965Average earning assets
  • $4,850Average equity
  • $17,347Average loans

Comment about this bank, ask questions, or add new information about it:

CAPTCHA

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Charter Alliance Bank.
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.
Table of Contents