Cullen Center Bank & Trust in Houston, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 05, 1993

  • Cullen Center Bank & Trust in Houston, Texas (TX)
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Cullen Center Bank & Trust - Overview

  • General
  • FDIC Certificate #: 19988
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: The Frost National Bank (#5510)
    Federal Reserve ID: 718453
    Date Established: July 01, 1969
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 6 (Interstate: No)
    FDIC's unique #: 13724
    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 01, 1969
    Last Structure Change Effective Date: November 05, 1993
    Last Structure Change Process Date: December 27, 1993
    Last Data Update: December 27, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: 600 Jefferson Street, Houston, TX 77251
    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: $300.0 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $173Total assets
  • $382,483Cash and due from depository institutions
  • $29,165Interest-bearing balances
  • $0Securities
  • $100,114Federal funds sold & reverse repurchase agreements
  • $93,000Net loans & leases
  • $141,189Loan loss allowance
  • $2,268Trading account assets
  • $0Bank premises and fixed assets
  • $4,965Other real estate owned
  • $7,915Goodwill and other intangibles
  • $6,135Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $382,483Total liabilities
  • $348,371Total deposits
  • $312,339Interest-bearing deposits
  • $209,216Deposits held in domestic offices
  • 312339.00%% insured (estimated)
  • $64Federal funds purchased & repurchase agreements
  • $34,370Trading liabilities
  • $0Other borrowed funds
  • $8Subordinated debt
  • $0All other liabilities
  • $1,654Total equity capital
  • $1,654Total bank equity capital
  • $34,112Perpetual preferred stock
  • $0Common stock
  • $8,000Surplus
  • $19,787Undivided profits
  • Memoranda
  • $6,325Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,955Income earned, not collected on loans
  • $778Earning assets
  • $334,303Long-term assets (5+ years)
  • $34,936Average Assets, year-to-date
  • $365,081Average Assets, quarterly
  • $361,836Volatile liabilities
  • $85,823Insider loans
  • $2FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $22,834Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $34,112Total risk weighted assets
  • $190,411Total unused commitments
  • $0Restructured Loans and leases
  • $123Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $22,004Total interest expense
  • $8,284Net interest income
  • $13,720Provision for loan and lease losses
  • $807Total noninterest income
  • $4,943Fiduciary activities
  • $2,400Service charges on deposit accounts
  • $1,609Trading account gains & fees
  • $0Additional noninterest income
  • $934Total noninterest expense
  • $16,850Salaries and employee benefits
  • $7,222Premises and equipment expense
  • $3,421Additional noninterest expense
  • $6,207Pre-tax net operating income
  • $1,006Securities gains (losses)
  • $7Applicable income taxes
  • $188Income before extraordinary items
  • $825Extraordinary gains - net
  • $300Net income attributable to bank
  • $1,125Net charge-offs
  • $1,482Cash dividends
  • $1,122Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 6.79%Cost of funding earning assets
  • 2.56%Net interest margin
  • 4.23%Noninterest income to earning assets
  • 1.53%Noninterest expense to earning assets
  • 5.20%Net operating income to assets
  • 0.22%Return on assets (ROA)
  • 0.31%Pretax return on assets
  • 0.36%Return on equity (ROE)
  • 3.28%Retained earnings to average equity (YTD only)
  • 0.01%Net charge-offs to loans
  • 0.96%Credit loss provision to net charge-offs
  • 54.45%Efficiency ratio
  • 90,286Assets per employee
  • 2.21%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 99.73%Loss allowance to loans
  • 1.58%Loss allowance to noncurrent loans
  • 116.01%Noncurrent assets plus other real estate owned to assets
  • 2.58%Noncurrent loans to loans
  • 1.36%Net loans and leases to deposits
  • 45.20%Net loans and leases to core deposits
  • 54.12%Equity capital to assets
  • 8.92%Core capital (leverage) ratio
  • 9.43%Tier 1 risk-based capital ratio
  • 17.91%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $365,081Average earning assets
  • $34,345Average equity
  • $323,976Average loans

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