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- Banks in Texas (TX)
- Citizens State Bank of Corpus Christi
Citizens State Bank of Corpus Christi in Corpus Christi, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches
This bank is inactive as of March 07, 1997
- Citizens State Bank of Corpus Christi in Corpus Christi, Texas (TX)
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Citizens State Bank of Corpus Christi - Overview
- General
- FDIC Certificate #: 16295
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: The Frost National Bank (#5510)
Federal Reserve ID: 955557
Date Established: July 31, 1945
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 7 (Interstate: No)
OTS Docket #: 11566
FDIC's unique #: 10483
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: July 31, 1945
Last Structure Change Effective Date: March 07, 1997
Last Structure Change Process Date: March 13, 1997
Last Data Update: March 15, 1997
Data Source Date: April 05, 2012 - Location
- Address: 2402 Leopard Street, Corpus Christi, TX 78408
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: $218.8 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1996)
- Dollar figures in thousands
- 0Total employees (full-time equivalent)
- $123Total assets
- $218,800Cash and due from depository institutions
- $12,057Interest-bearing balances
- $726Securities
- $68,830Federal funds sold & reverse repurchase agreements
- $21,200Net loans & leases
- $107,812Loan loss allowance
- $2,061Trading account assets
- $0Bank premises and fixed assets
- $4,406Other real estate owned
- $290Goodwill and other intangibles
- $2,526Life insurance assets
- $1,679All other assets
- $0Total liabilities and capital
- $218,800Total liabilities
- $201,488Total deposits
- $191,899Interest-bearing deposits
- $140,466Deposits held in domestic offices
- 191899.00%% insured (estimated)
- $88Federal funds purchased & repurchase agreements
- $3,398Trading liabilities
- $0Other borrowed funds
- $4,878Subordinated debt
- $0All other liabilities
- $1,313Total equity capital
- $1,313Total bank equity capital
- $17,312Perpetual preferred stock
- $0Common stock
- $2,000Surplus
- $5,000Undivided profits
- Memoranda
- $10,312Noncurrent loans and leases
- $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
- $2,731Income earned, not collected on loans
- $717Earning assets
- $198,568Long-term assets (5+ years)
- $28,700Average Assets, year-to-date
- $220,038Average Assets, quarterly
- $229,419Volatile liabilities
- $25,473Insider loans
- $1,933FHLB advances
- $0Loans and leases held for sale
- $0Unused loan commitments
- $13,984Tier 1 (core) risk-based capital
- $0Tier 2 risk-based capital
- $15,854Total risk weighted assets
- $128,145Total unused commitments
- $0Restructured Loans and leases
- $0Derivatives
Income and Expense (December 31, 1996)
- Dollar figures in thousands
- $0Total interest income
- $14,976Total interest expense
- $5,780Net interest income
- $9,196Provision for loan and lease losses
- $200Total noninterest income
- $3,200Fiduciary activities
- $1,121Service charges on deposit accounts
- $1,156Trading account gains & fees
- $0Additional noninterest income
- $923Total noninterest expense
- $8,461Salaries and employee benefits
- $4,310Premises and equipment expense
- $1,626Additional noninterest expense
- $2,525Pre-tax net operating income
- $3,735Securities gains (losses)
- $0Applicable income taxes
- $1,079Income before extraordinary items
- $2,656Extraordinary gains - net
- $0Net income attributable to bank
- $2,656Net charge-offs
- $682Cash dividends
- $1,105Sale, conversion, retirement of capital stock, net
- $0Net operating income
Performance and Condition Ratios (December 31, 1996)
- Dollar figures in thousands
- Performance Ratios (%, annualized)
- 0.00%Yield on earning assets
- 7.61%Cost of funding earning assets
- 2.94%Net interest margin
- 4.67%Noninterest income to earning assets
- 1.63%Noninterest expense to earning assets
- 4.30%Net operating income to assets
- 1.21%Return on assets (ROA)
- 1.21%Pretax return on assets
- 1.70%Return on equity (ROE)
- 16.03%Retained earnings to average equity (YTD only)
- 9.36%Net charge-offs to loans
- 0.63%Credit loss provision to net charge-offs
- 29.33%Efficiency ratio
- 67,272Assets per employee
- 1.78%Cash dividends to net income (YTD only)
- Condition Ratios (%)
- 41.60%Loss allowance to loans
- 1.88%Loss allowance to noncurrent loans
- 75.47%Noncurrent assets plus other real estate owned to assets
- 1.38%Noncurrent loans to loans
- 2.49%Net loans and leases to deposits
- 56.18%Net loans and leases to core deposits
- 61.71%Equity capital to assets
- 7.91%Core capital (leverage) ratio
- 7.32%Tier 1 risk-based capital ratio
- 12.37%Total risk-based capital ratio
- Memoranda
- $14Average assets
- $220,038Average earning assets
- $16,570Average equity
- $196,883Average loans
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- Banks in Texas (TX)
- Citizens State Bank of Corpus Christi
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