Comerica Bank - Texas in Dallas, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 30, 2003

  • Comerica Bank - Texas in Dallas, Texas (TX)
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Comerica Bank - Texas - Overview

  • General
  • FDIC Certificate #: 1493
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Comerica Bank (#983)
    Federal Reserve ID: 989253
    Date Established: August 10, 1927
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 58 (Interstate: No)
    FDIC's unique #: 988
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: June 30, 2003
    Last Structure Change Process Date: July 24, 2003
    Last Data Update: July 24, 2003
    Data Source Date: April 05, 2012
  • Location
  • Address: 1601 Elm Street, Dallas, TX 75201
    County: Dallas
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Dallas
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Dallas, TX (#1920)
    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: Dallas-Plano-Irving, TX (#19124)
  • Financial Summary
  • Total assets: $4,562.8 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, 2002)

  • Dollar figures in thousands
  • 1,142Total employees (full-time equivalent)
  • $4,507,099Total assets
  • $226,752Cash and due from depository institutions
  • $100Interest-bearing balances
  • $547,678Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $3,362,388Net loans & leases
  • $48,162Loan loss allowance
  • $0Trading account assets
  • $49,838Bank premises and fixed assets
  • $5,499Other real estate owned
  • $26,058Goodwill and other intangibles
  • $0Life insurance assets
  • $288,886All other assets
  • $4,507,099Total liabilities and capital
  • $4,018,544Total liabilities
  • $3,243,000Total deposits
  • $2,228,008Interest-bearing deposits
  • $3,243,000Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $543,547Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $96,888Other borrowed funds
  • $100,000Subordinated debt
  • $35,109All other liabilities
  • $488,555Total equity capital
  • $488,555Total bank equity capital
  • $488,555Perpetual preferred stock
  • $0Common stock
  • $2,500Surplus
  • $231,285Undivided profits
  • Memoranda
  • $254,770Noncurrent loans and leases
  • $1,574,428Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $22,815Earning assets
  • $1,200Long-term assets (5+ years)
  • $13,756Average Assets, year-to-date
  • $3,910,166Average Assets, quarterly
  • $955,103Volatile liabilities
  • $4,181,809Insider loans
  • $4,333,921FHLB advances
  • $843,900Loans and leases held for sale
  • $1,445Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $469,000Tier 2 risk-based capital
  • $52,569Total risk weighted assets
  • $1,574,428Total unused commitments
  • $0Restructured Loans and leases
  • $138,750Derivatives

Income and Expense (December 31, 2002)

  • Dollar figures in thousands
  • $236,329Total interest income
  • $53,726Total interest expense
  • $182,603Net interest income
  • $13,726Provision for loan and lease losses
  • $65,200Total noninterest income
  • $5,376Fiduciary activities
  • $31,004Service charges on deposit accounts
  • $0Trading account gains & fees
  • $28,820Additional noninterest income
  • $154,002Total noninterest expense
  • $68,984Salaries and employee benefits
  • $17,661Premises and equipment expense
  • $67,357Additional noninterest expense
  • $80,075Pre-tax net operating income
  • $6,985Securities gains (losses)
  • $32,418Applicable income taxes
  • $54,642Income before extraordinary items
  • $0Extraordinary gains - net
  • $54,642Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $12,103Sale, conversion, retirement of capital stock, net
  • $10,000Net operating income

Performance and Condition Ratios (December 31, 2002)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.34%Yield on earning assets
  • 1.44%Cost of funding earning assets
  • 4.90%Net interest margin
  • 1.75%Noninterest income to earning assets
  • 4.13%Noninterest expense to earning assets
  • 1.20%Net operating income to assets
  • 1.31%Return on assets (ROA)
  • 2.08%Pretax return on assets
  • 11.68%Return on equity (ROE)
  • 9.55%Retained earnings to average equity (YTD only)
  • 0.36%Net charge-offs to loans
  • 113.41%Credit loss provision to net charge-offs
  • 7.75%Efficiency ratio
  • 61,102Assets per employee
  • 3.95%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 18.30%Loss allowance to loans
  • 1.41%Loss allowance to noncurrent loans
  • 211.10%Noncurrent assets plus other real estate owned to assets
  • 0.63%Noncurrent loans to loans
  • 0.67%Net loans and leases to deposits
  • 103.68%Net loans and leases to core deposits
  • 110.62%Equity capital to assets
  • 10.84%Core capital (leverage) ratio
  • 8.81%Tier 1 risk-based capital ratio
  • 9.84%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $4,181,809Average earning assets
  • $467,652Average equity
  • $3,728,859Average loans

Total Fiduciary and Related Assets (December 31, 2002)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $1,071,218Managed Assets
  • 1Number of Accounts
  • $298,867Personal trust and agency accounts
  • $176,278Employee benefit-defined contribution accounts
  • $4,986Employee benefit-defined benefit accounts
  • $436Other retirement accounts
  • $30,378Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $82,769Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $4,020Non-managed Assets
  • 1073Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $772,351Other retirement accounts
  • $83,789Corporate trust and agency accounts
  • $170,298Other fiduciary accounts
  • $15,124Fiduciary accounts held in foreign offices

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