- bankencyclopedia.com
- Banks in Texas (TX)
- Cullen Center Bank & Trust
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)
-
Show street view
No street view available for this location
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
- bankencyclopedia.com
- Banks in Texas (TX)
- Cullen Center Bank & Trust
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Cullen Center Bank & Trust.
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.
Comment about this bank, ask questions, or add new information about it: