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- Banks in Texas (TX)
- Horizon Capital Bank
Horizon Capital Bank in Houston, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches
This bank is inactive as of October 07, 2005
- Horizon Capital Bank in Houston, Texas (TX)
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Horizon Capital Bank - Overview
- General
- FDIC Certificate #: 18929
Status: Inactive
Closing history: Participated in Reorganization
Acquiring institution: The Frost National Bank (#5510)
Federal Reserve ID: 286466
Date Established: November 08, 1963
WWW: http://www.go2horizon.com
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 6 (Interstate: No)
OTS Docket #: 14368
FDIC's unique #: 12776
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: November 08, 1963
Last Structure Change Effective Date: October 07, 2005
Last Structure Change Process Date: Febuary 15, 2006
Last Data Update: Febuary 15, 2006
Data Source Date: April 05, 2012 - Location
- Address: 1021 Main Street, Houston, TX 77002
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) - History of Changes
- Merger - Without Assistance
Participated in Reorganization - Financial Summary
- Total assets: $408.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2004)
- Dollar figures in thousands
- 104Total employees (full-time equivalent)
- $380,030Total assets
- $30,725Cash and due from depository institutions
- $4,003Interest-bearing balances
- $24,019Securities
- $18,223Federal funds sold & reverse repurchase agreements
- $294,514Net loans & leases
- $2,975Loan loss allowance
- $0Trading account assets
- $6,448Bank premises and fixed assets
- $0Other real estate owned
- $0Goodwill and other intangibles
- $0Life insurance assets
- $6,101All other assets
- $380,030Total liabilities and capital
- $345,988Total liabilities
- $283,904Total deposits
- $182,696Interest-bearing deposits
- $283,904Deposits held in domestic offices
- 0.00%% insured (estimated)
- $3,759Federal funds purchased & repurchase agreements
- $0Trading liabilities
- $57,000Other borrowed funds
- $0Subordinated debt
- $1,325All other liabilities
- $34,042Total equity capital
- $34,042Total bank equity capital
- $34,042Perpetual preferred stock
- $0Common stock
- $4,125Surplus
- $20,748Undivided profits
- Memoranda
- $9,169Noncurrent loans and leases
- $81,259Noncurrent loans that are wholly or partially guaranteed by the U.S. government
- $0Income earned, not collected on loans
- $406Earning assets
- $0Long-term assets (5+ years)
- $1,204Average Assets, year-to-date
- $340,759Average Assets, quarterly
- $52,742Volatile liabilities
- $373,113Insider loans
- $389,092FHLB advances
- $56,464Loans and leases held for sale
- $9,831Unused loan commitments
- $56,000Tier 1 (core) risk-based capital
- $0Tier 2 risk-based capital
- $0Total risk weighted assets
- $81,259Total unused commitments
- $0Restructured Loans and leases
- $2,975Derivatives
Income and Expense (December 31, 2004)
- Dollar figures in thousands
- $19,263Total interest income
- $4,646Total interest expense
- $14,617Net interest income
- $555Provision for loan and lease losses
- $1,370Total noninterest income
- $0Fiduciary activities
- $1,016Service charges on deposit accounts
- $0Trading account gains & fees
- $354Additional noninterest income
- $10,485Total noninterest expense
- $6,413Salaries and employee benefits
- $1,303Premises and equipment expense
- $2,769Additional noninterest expense
- $4,947Pre-tax net operating income
- $0Securities gains (losses)
- $1,600Applicable income taxes
- $3,347Income before extraordinary items
- $0Extraordinary gains - net
- $3,347Net income attributable to bank
- $0Net charge-offs
- $0Cash dividends
- $280Sale, conversion, retirement of capital stock, net
- $825Net operating income
Performance and Condition Ratios (December 31, 2004)
- Dollar figures in thousands
- Performance Ratios (%, annualized)
- 5.63%Yield on earning assets
- 1.36%Cost of funding earning assets
- 4.27%Net interest margin
- 0.40%Noninterest income to earning assets
- 3.07%Noninterest expense to earning assets
- 0.90%Net operating income to assets
- 0.90%Return on assets (ROA)
- 1.33%Pretax return on assets
- 10.28%Return on equity (ROE)
- 7.75%Retained earnings to average equity (YTD only)
- 0.10%Net charge-offs to loans
- 198.21%Credit loss provision to net charge-offs
- 19.65%Efficiency ratio
- 65,585Assets per employee
- 3.65%Cash dividends to net income (YTD only)
- Condition Ratios (%)
- 24.65%Loss allowance to loans
- 1.00%Loss allowance to noncurrent loans
- 732.76%Noncurrent assets plus other real estate owned to assets
- 0.11%Noncurrent loans to loans
- 0.14%Net loans and leases to deposits
- 103.74%Net loans and leases to core deposits
- 117.71%Equity capital to assets
- 8.96%Core capital (leverage) ratio
- 8.67%Tier 1 risk-based capital ratio
- 11.82%Total risk-based capital ratio
- Memoranda
- $13Average assets
- $373,113Average earning assets
- $32,551Average equity
- $341,936Average loans
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- Banks in Texas (TX)
- Horizon Capital Bank
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