Sugar Creek National Bank in Sugar Land, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 29, 1993

  • Sugar Creek National Bank in Sugar Land, Texas (TX)
  • Show street view No street view available for this location

Sugar Creek National Bank - Overview

  • General
  • FDIC Certificate #: 22471
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Comerica Bank - Texas (#1493)
    Federal Reserve ID: 395359
    Date Established: June 01, 1977
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Interstate: No)
    OTS Docket #: 9966
    FDIC's unique #: 15666
    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: June 01, 1977
    Last Structure Change Effective Date: October 29, 1993
    Last Structure Change Process Date: November 22, 1993
    Last Data Update: November 22, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: One Sugar Creek Center Boulevard, Sugar Land, TX 77478
    County: Fort Bend
    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: $206.0 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $59Total assets
  • $208,670Cash and due from depository institutions
  • $18,036Interest-bearing balances
  • $8,085Securities
  • $97,536Federal funds sold & reverse repurchase agreements
  • $23,800Net loans & leases
  • $61,663Loan loss allowance
  • $933Trading account assets
  • $0Bank premises and fixed assets
  • $3,184Other real estate owned
  • $944Goodwill and other intangibles
  • $3,507Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $208,670Total liabilities
  • $191,548Total deposits
  • $190,872Interest-bearing deposits
  • $153,990Deposits held in domestic offices
  • 190872.00%% insured (estimated)
  • $82Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $17Subordinated debt
  • $0All other liabilities
  • $659Total equity capital
  • $659Total bank equity capital
  • $17,122Perpetual preferred stock
  • $0Common stock
  • $592Surplus
  • $988Undivided profits
  • Memoranda
  • $15,542Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $677Income earned, not collected on loans
  • $392Earning assets
  • $191,084Long-term assets (5+ years)
  • $59,196Average Assets, year-to-date
  • $203,530Average Assets, quarterly
  • $203,875Volatile liabilities
  • $29,048Insider loans
  • $1FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $6,736Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $17,122Total risk weighted assets
  • $79,670Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $15,083Total interest expense
  • $5,751Net interest income
  • $9,332Provision for loan and lease losses
  • $270Total noninterest income
  • $1,622Fiduciary activities
  • $0Service charges on deposit accounts
  • $1,169Trading account gains & fees
  • $2Additional noninterest income
  • $451Total noninterest expense
  • $6,180Salaries and employee benefits
  • $2,712Premises and equipment expense
  • $1,238Additional noninterest expense
  • $2,230Pre-tax net operating income
  • $4,504Securities gains (losses)
  • $2Applicable income taxes
  • $1,334Income before extraordinary items
  • $3,172Extraordinary gains - net
  • $0Net income attributable to bank
  • $3,172Net charge-offs
  • $167Cash dividends
  • $148Sale, conversion, retirement of capital stock, net
  • $31Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.08%Cost of funding earning assets
  • 3.08%Net interest margin
  • 5.00%Noninterest income to earning assets
  • 0.87%Noninterest expense to earning assets
  • 3.31%Net operating income to assets
  • 1.56%Return on assets (ROA)
  • 1.56%Pretax return on assets
  • 2.21%Return on equity (ROE)
  • 20.23%Retained earnings to average equity (YTD only)
  • 19.28%Net charge-offs to loans
  • 0.26%Credit loss provision to net charge-offs
  • 161.68%Efficiency ratio
  • 56,418Assets per employee
  • 3.54%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 4.67%Loss allowance to loans
  • 1.49%Loss allowance to noncurrent loans
  • 137.81%Noncurrent assets plus other real estate owned to assets
  • 0.78%Noncurrent loans to loans
  • 1.08%Net loans and leases to deposits
  • 32.31%Net loans and leases to core deposits
  • 38.10%Equity capital to assets
  • 8.21%Core capital (leverage) ratio
  • 8.60%Tier 1 risk-based capital ratio
  • 21.49%Total risk-based capital ratio
  • Memoranda
  • $23Average assets
  • $203,530Average earning assets
  • $15,683Average equity
  • $186,618Average loans

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

CAPTCHA

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Sugar Creek National Bank.
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