Charter National Bank-Colonial in Harris County, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 15, 1996

  • Charter National Bank-Colonial in Harris County, Texas (TX)
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Charter National Bank-Colonial - Overview

  • General
  • FDIC Certificate #: 22112
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: NationsBank of Texas, National Association (#27306)
    Federal Reserve ID: 532958
    Date Established: September 16, 1975
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 6 (Interstate: No)
    FDIC's unique #: 15360
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: September 16, 1975
    Last Structure Change Effective Date: August 15, 1996
    Last Structure Change Process Date: August 23, 1996
    Last Data Update: August 23, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 2301 Fm 1960 West, Harris County, TX 77273
    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: $205.0 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $48Total assets
  • $231,689Cash and due from depository institutions
  • $9,476Interest-bearing balances
  • $0Securities
  • $135,365Federal funds sold & reverse repurchase agreements
  • $6,300Net loans & leases
  • $74,853Loan loss allowance
  • $547Trading account assets
  • $0Bank premises and fixed assets
  • $2,790Other real estate owned
  • $218Goodwill and other intangibles
  • $2,492Life insurance assets
  • $195All other assets
  • $0Total liabilities and capital
  • $231,689Total liabilities
  • $217,243Total deposits
  • $179,569Interest-bearing deposits
  • $128,734Deposits held in domestic offices
  • 179569.00%% insured (estimated)
  • $75Federal funds purchased & repurchase agreements
  • $34,973Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $1,250All other liabilities
  • $1,451Total equity capital
  • $1,451Total bank equity capital
  • $14,446Perpetual preferred stock
  • $0Common stock
  • $600Surplus
  • $4,020Undivided profits
  • Memoranda
  • $9,826Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $185Income earned, not collected on loans
  • $428Earning assets
  • $216,518Long-term assets (5+ years)
  • $51,921Average Assets, year-to-date
  • $197,557Average Assets, quarterly
  • $207,240Volatile liabilities
  • $66,770Insider loans
  • $38FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $9,023Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $13,498Total risk weighted assets
  • $98,671Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $13,763Total interest expense
  • $5,573Net interest income
  • $8,190Provision for loan and lease losses
  • $0Total noninterest income
  • $2,317Fiduciary activities
  • $0Service charges on deposit accounts
  • $1,903Trading account gains & fees
  • $0Additional noninterest income
  • $414Total noninterest expense
  • $6,893Salaries and employee benefits
  • $2,824Premises and equipment expense
  • $1,347Additional noninterest expense
  • $2,722Pre-tax net operating income
  • $3,614Securities gains (losses)
  • -$41Applicable income taxes
  • $1,265Income before extraordinary items
  • $2,308Extraordinary gains - net
  • $0Net income attributable to bank
  • $2,308Net charge-offs
  • -$3Cash dividends
  • $726Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.48%Cost of funding earning assets
  • 3.03%Net interest margin
  • 4.45%Noninterest income to earning assets
  • 1.26%Noninterest expense to earning assets
  • 3.75%Net operating income to assets
  • 1.18%Return on assets (ROA)
  • 1.17%Pretax return on assets
  • 1.81%Return on equity (ROE)
  • 18.22%Retained earnings to average equity (YTD only)
  • 12.49%Net charge-offs to loans
  • -0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 65,185Assets per employee
  • 4.83%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 31.46%Loss allowance to loans
  • 0.73%Loss allowance to noncurrent loans
  • 295.68%Noncurrent assets plus other real estate owned to assets
  • 0.17%Noncurrent loans to loans
  • 0.25%Net loans and leases to deposits
  • 41.68%Net loans and leases to core deposits
  • 50.65%Equity capital to assets
  • 6.24%Core capital (leverage) ratio
  • 7.04%Tier 1 risk-based capital ratio
  • 13.68%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $197,557Average earning assets
  • $12,668Average equity
  • $183,982Average loans

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