Memorial City Bank in Houston, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches


Memorial City Bank - Overview

  • General
  • FDIC Certificate #: 58679
    Status: Active
    Federal Reserve ID: 3599608
    Bank Holding Company (Regulatory Top Holder): Mc Bancshares, Inc. (RSSDID: 4216050, Location: Houston, TX)
    Date Established: Febuary 01, 2008
    WWW: http://www.memorialcitybank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 462767
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: Febuary 01, 2008
    Last Structure Change Effective Date: Febuary 01, 2008
    Last Structure Change Process Date: Febuary 20, 2008
    Last Data Update: Febuary 20, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 820 Gessner Road, Houston, TX 77024
    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
  • Change in Geographic Region/Area/Territory/Field Office
    New Institution
  • Financial Summary
  • Total assets: $197.8 mil
    Equity capital: $20.8 mil
    Deposits held in domestic offices: $176.7 mil
    Return on assets (ROA): 0.65% ($1.3 mil)
    Quarterly return on assets: 0.53% ($1.0 mil)
    Return on Equity (ROE): 5.73% ($1.2 mil)
    Quarterly return on equity: 4.85% ($1.0 mil)
    Net income: $1.2 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 0.58% ($1,147.4 mil)
    Quarterly Pretax return on assets: 0.72% ($1,424.4 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, 2011)

  • Dollar figures in thousands
  • 33Total employees (full-time equivalent)
  • $197,830Total assets
  • $7,174Cash and due from depository institutions
  • $1,004Interest-bearing balances
  • $36,928Securities
  • $8,105Federal funds sold & reverse repurchase agreements
  • $141,280Net loans & leases
  • $1,480Loan loss allowance
  • $0Trading account assets
  • $2,871Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $197,830Life insurance assets
  • $1,472All other assets
  • $177,070Total liabilities and capital
  • $176,707Total liabilities
  • $125,750Total deposits
  • $176,707Interest-bearing deposits
  • $79Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $363Subordinated debt
  • $20,760All other liabilities
  • $20,760Total equity capital
  • $20,760Total bank equity capital
  • $0Perpetual preferred stock
  • $10,500Common stock
  • $10,737Surplus
  • $-477Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $1,767Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $587Long-term assets (5+ years)
  • $187,317Average Assets, year-to-date
  • $59,423Average Assets, quarterly
  • $176,467Volatile liabilities
  • $188,361Insider loans
  • $152,945FHLB advances
  • $189,575Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $20,216Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $31,710Restructured Loans and leases
  • $4,124Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $8,170Total interest income
  • $1,319Total interest expense
  • $6,851Net interest income
  • $230Provision for loan and lease losses
  • $107Total noninterest income
  • $0Fiduciary activities
  • $65Service charges on deposit accounts
  • $0Trading account gains & fees
  • $42Additional noninterest income
  • $5,876Total noninterest expense
  • $3,596Salaries and employee benefits
  • $857Premises and equipment expense
  • $1,423Additional noninterest expense
  • $852Pre-tax net operating income
  • $165Securities gains (losses)
  • -$134Applicable income taxes
  • $1,151Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,151Net income attributable to bank
  • $0Net charge-offs
  • $1,151Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $75Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.99%Yield on earning assets
  • 0.81%Cost of funding earning assets
  • 4.18%Net interest margin
  • 0.07%Noninterest income to earning assets
  • 3.59%Noninterest expense to earning assets
  • 0.56%Net operating income to assets
  • 0.65%Return on assets (ROA)
  • 0.58%Pretax return on assets
  • 5.73%Return on equity (ROE)
  • 5.35%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 84,450Assets per employee
  • 5.99%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 6.52%Loss allowance to loans
  • 1.04%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 79.95%Net loans and leases to core deposits
  • 90.32%Equity capital to assets
  • 10.49%Core capital (leverage) ratio
  • 10.66%Tier 1 risk-based capital ratio
  • 13.22%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $176,467Average earning assets
  • $20,104Average equity
  • $163,795Average loans

List of branches

  • 3 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0462767Memorial City Bank820 Gessner Road, Houston, TX 77024Febuary 01, 2008Full Service Brick and Mortar
    1511128Memorial City Convenience Center10097 Katy Freeway, Houston, TX 77024July 03, 2009Full Service Brick and Mortar
    2522064Lpo2040 N. Loop 336 W, Suite 116, Conroe, TX 77304June 01, 2011Limited Service Loan Production

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