ProBank in The Woodlands, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 24, 1996

  • ProBank in The Woodlands, Texas (TX)
  • Show street view No street view available for this location

ProBank - Overview

  • General
  • FDIC Certificate #: 24981
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Compass Bank (#27419)
    Federal Reserve ID: 540962
    Date Established: January 19, 1984
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Interstate: No)
    OTS Docket #: 10621
    FDIC's unique #: 17305
    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: January 19, 1984
    Last Structure Change Effective Date: October 24, 1996
    Last Structure Change Process Date: December 02, 1996
    Last Data Update: December 02, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 25211 Grogan's Mill Road, The Woodlands, TX 77380
    County: Montgomery
    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: $63.0 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $41Total assets
  • $68,572Cash and due from depository institutions
  • $4,946Interest-bearing balances
  • $168Securities
  • $17,500Federal funds sold & reverse repurchase agreements
  • $13,045Net loans & leases
  • $27,280Loan loss allowance
  • $269Trading account assets
  • $0Bank premises and fixed assets
  • $1,933Other real estate owned
  • $612Goodwill and other intangibles
  • $3,256Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $68,572Total liabilities
  • $65,963Total deposits
  • $65,706Interest-bearing deposits
  • $42,599Deposits held in domestic offices
  • 65706.00%% insured (estimated)
  • $90Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $35All other liabilities
  • $222Total equity capital
  • $222Total bank equity capital
  • $2,609Perpetual preferred stock
  • $447Common stock
  • $1,444Surplus
  • $3,926Undivided profits
  • Memoranda
  • $-3,208Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $674Income earned, not collected on loans
  • $181Earning assets
  • $57,993Long-term assets (5+ years)
  • $867Average Assets, year-to-date
  • $74,864Average Assets, quarterly
  • $67,492Volatile liabilities
  • $1,661Insider loans
  • $1,216FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $5,796Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $2,018Total risk weighted assets
  • $31,408Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $4,964Total interest expense
  • $1,706Net interest income
  • $3,258Provision for loan and lease losses
  • $145Total noninterest income
  • $2,913Fiduciary activities
  • $0Service charges on deposit accounts
  • $972Trading account gains & fees
  • $0Additional noninterest income
  • $1,941Total noninterest expense
  • $6,916Salaries and employee benefits
  • $3,498Premises and equipment expense
  • $1,072Additional noninterest expense
  • $2,346Pre-tax net operating income
  • -$890Securities gains (losses)
  • -$29Applicable income taxes
  • -$909Income before extraordinary items
  • -$11Extraordinary gains - net
  • -$786Net income attributable to bank
  • -$797Net charge-offs
  • $389Cash dividends
  • $46Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.07%Cost of funding earning assets
  • 2.77%Net interest margin
  • 5.29%Noninterest income to earning assets
  • 4.73%Noninterest expense to earning assets
  • 11.24%Net operating income to assets
  • 0.01%Return on assets (ROA)
  • -1.06%Pretax return on assets
  • -2.28%Return on equity (ROE)
  • -27.13%Retained earnings to average equity (YTD only)
  • -28.69%Net charge-offs to loans
  • 1.06%Credit loss provision to net charge-offs
  • 37.28%Efficiency ratio
  • 111,586Assets per employee
  • 1.67%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -5.77%Loss allowance to loans
  • 0.98%Loss allowance to noncurrent loans
  • 39.91%Noncurrent assets plus other real estate owned to assets
  • 1.88%Noncurrent loans to loans
  • 2.45%Net loans and leases to deposits
  • 41.52%Net loans and leases to core deposits
  • 42.60%Equity capital to assets
  • 3.80%Core capital (leverage) ratio
  • 2.99%Tier 1 risk-based capital ratio
  • 6.43%Total risk-based capital ratio
  • Memoranda
  • $7Average assets
  • $74,864Average earning assets
  • $2,938Average equity
  • $61,545Average loans

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