Sunbelt National Bank in Houston, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 22, 1998

  • Sunbelt National Bank in Houston, Texas (TX)
  • Show street view No street view available for this location

Sunbelt National Bank - Overview

  • General
  • FDIC Certificate #: 24604
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Prime Bank (#17835)
    Federal Reserve ID: 531269
    Date Established: July 05, 1983
    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 #: 14430
    FDIC's unique #: 17088
    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: July 05, 1983
    Last Structure Change Effective Date: May 22, 1998
    Last Structure Change Process Date: June 09, 1998
    Last Data Update: June 09, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 8800 Katy Freeway, 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)
  • Financial Summary
  • Total assets: $87.3 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 49Total employees (full-time equivalent)
  • $93,699Total assets
  • $6,904Cash and due from depository institutions
  • $0Interest-bearing balances
  • $18,748Securities
  • $13,075Federal funds sold & reverse repurchase agreements
  • $51,739Net loans & leases
  • $934Loan loss allowance
  • $0Trading account assets
  • $1,702Bank premises and fixed assets
  • $512Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,019All other assets
  • $93,699Total liabilities and capital
  • $86,745Total liabilities
  • $84,604Total deposits
  • $56,807Interest-bearing deposits
  • $84,604Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $600Other borrowed funds
  • $0Subordinated debt
  • $1,541All other liabilities
  • $6,954Total equity capital
  • $6,954Total bank equity capital
  • $6,954Perpetual preferred stock
  • $0Common stock
  • $2,300Surplus
  • $2,300Undivided profits
  • Memoranda
  • $2,354Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $0Long-term assets (5+ years)
  • $353Average Assets, year-to-date
  • $83,562Average Assets, quarterly
  • $4,789Volatile liabilities
  • $91,924Insider loans
  • $93,312FHLB advances
  • $17,199Loans and leases held for sale
  • $2,848Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $16,235Total unused commitments
  • $0Restructured Loans and leases
  • $61,015Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $7,545Total interest income
  • $2,621Total interest expense
  • $4,924Net interest income
  • $371Provision for loan and lease losses
  • $779Total noninterest income
  • $0Fiduciary activities
  • $402Service charges on deposit accounts
  • $0Trading account gains & fees
  • $377Additional noninterest income
  • $4,583Total noninterest expense
  • $2,770Salaries and employee benefits
  • $684Premises and equipment expense
  • $1,129Additional noninterest expense
  • $749Pre-tax net operating income
  • $0Securities gains (losses)
  • $266Applicable income taxes
  • $483Income before extraordinary items
  • $0Extraordinary gains - net
  • $483Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • -$27Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 9.11%Yield on earning assets
  • 3.16%Cost of funding earning assets
  • 5.94%Net interest margin
  • 0.94%Noninterest income to earning assets
  • 5.53%Noninterest expense to earning assets
  • 0.53%Net operating income to assets
  • 0.53%Return on assets (ROA)
  • 0.81%Pretax return on assets
  • 7.04%Return on equity (ROE)
  • 7.04%Retained earnings to average equity (YTD only)
  • -0.05%Net charge-offs to loans
  • -1374.07%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 80,361Assets per employee
  • 1.91%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.77%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.55%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 61.15%Net loans and leases to core deposits
  • 76.08%Equity capital to assets
  • 7.42%Core capital (leverage) ratio
  • 7.63%Tier 1 risk-based capital ratio
  • 11.40%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $91,924Average earning assets
  • $6,858Average equity
  • $82,840Average loans

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