New First City, Texas - Houston, National Association in Houston, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 13, 1993

  • New First City, Texas - Houston, National Association in Houston, Texas (TX)
  • Show street view No street view available for this location

New First City, Texas - Houston, National Association - Overview

  • General
  • FDIC Certificate #: 33721
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Chase Bank of Texas, National Association (#3263)
    Federal Reserve ID: 1998805
    Date Established: October 30, 1992
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 32 (Interstate: No)
    FDIC's unique #: 47833
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: October 30, 1992
    Last Structure Change Effective Date: Febuary 13, 1993
    Last Structure Change Process Date: Febuary 23, 1993
    Last Data Update: August 25, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 1001 Main Street, Houston, TX 77001
    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
  • Bridge Bank Merger
    Corrections
  • Financial Summary
  • Total assets: $3,827.0 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $2,257Total assets
  • $3,827,012Cash and due from depository institutions
  • $252,949Interest-bearing balances
  • $21,000Securities
  • $342,586Federal funds sold & reverse repurchase agreements
  • $1,181,390Net loans & leases
  • $1,842,434Loan loss allowance
  • $97,051Trading account assets
  • $8,929Bank premises and fixed assets
  • $1,268Other real estate owned
  • $6,520Goodwill and other intangibles
  • $190,936Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $3,827,012Total liabilities
  • $3,832,712Total deposits
  • $2,130,101Interest-bearing deposits
  • $1,635,819Deposits held in domestic offices
  • 2129554.00%% insured (estimated)
  • $85Federal funds purchased & repurchase agreements
  • $1,657,562Trading liabilities
  • $0Other borrowed funds
  • $27,170Subordinated debt
  • $0All other liabilities
  • $17,879Total equity capital
  • $17,879Total bank equity capital
  • $-5,700Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $0Undivided profits
  • Memoranda
  • $-5,700Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $144,118Income earned, not collected on loans
  • $10,958Earning assets
  • $3,396,339Long-term assets (5+ years)
  • $73,305Average Assets, year-to-date
  • $3,827,012Average Assets, quarterly
  • $3,827,012Volatile liabilities
  • $1,812,860Insider loans
  • $486FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $906,364Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $-5,700Total risk weighted assets
  • $2,493,857Total unused commitments
  • $0Restructured Loans and leases
  • $220,864Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $29,130Total interest expense
  • $15,982Net interest income
  • $13,148Provision for loan and lease losses
  • $2,617Total noninterest income
  • $13,876Fiduciary activities
  • $3,955Service charges on deposit accounts
  • $3,642Trading account gains & fees
  • $1,823Additional noninterest income
  • $4,456Total noninterest expense
  • $29,577Salaries and employee benefits
  • $14,712Premises and equipment expense
  • $3,789Additional noninterest expense
  • $11,076Pre-tax net operating income
  • -$5,170Securities gains (losses)
  • -$530Applicable income taxes
  • $0Income before extraordinary items
  • -$5,700Extraordinary gains - net
  • $0Net income attributable to bank
  • -$5,700Net charge-offs
  • $1,790Cash dividends
  • $0Sale, 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
  • 0.86%Cost of funding earning assets
  • 0.47%Net interest margin
  • 0.39%Noninterest income to earning assets
  • 0.41%Noninterest expense to earning assets
  • 0.87%Net operating income to assets
  • -0.14%Return on assets (ROA)
  • -0.15%Pretax return on assets
  • -0.15%Return on equity (ROE)
  • 100.00%Retained earnings to average equity (YTD only)
  • 100.00%Net charge-offs to loans
  • 0.09%Credit loss provision to net charge-offs
  • 146.20%Efficiency ratio
  • 109,447Assets per employee
  • 1.70%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 5.00%Loss allowance to noncurrent loans
  • 67.34%Noncurrent assets plus other real estate owned to assets
  • 3.94%Noncurrent loans to loans
  • 7.43%Net loans and leases to deposits
  • 86.50%Net loans and leases to core deposits
  • 92.03%Equity capital to assets
  • -0.15%Core capital (leverage) ratio
  • -0.16%Tier 1 risk-based capital ratio
  • -0.23%Total risk-based capital ratio
  • Memoranda
  • -$0Average assets
  • $3,827,012Average earning assets
  • -$5,700Average equity
  • $3,396,339Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with New First City, Texas - Houston, National Association.
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.
Table of Contents