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

This bank is inactive as of August 31, 1995

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

Tanglewood Bank, National Association - Overview

  • General
  • FDIC Certificate #: 24464
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Northern Trust Bank of Texas National Association (#26436)
    Federal Reserve ID: 838650
    Date Established: April 04, 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)
    FDIC's unique #: 17001
    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: April 04, 1983
    Last Structure Change Effective Date: August 31, 1995
    Last Structure Change Process Date: October 27, 1995
    Last Data Update: October 27, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 600 Bering Drive, Houston, TX 77227
    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: $227.5 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $70Total assets
  • $230,451Cash and due from depository institutions
  • $9,769Interest-bearing balances
  • $0Securities
  • $119,934Federal funds sold & reverse repurchase agreements
  • $5,645Net loans & leases
  • $85,646Loan loss allowance
  • $682Trading account assets
  • $0Bank premises and fixed assets
  • $5,683Other real estate owned
  • $1,006Goodwill and other intangibles
  • $2,768Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $230,451Total liabilities
  • $215,287Total deposits
  • $203,781Interest-bearing deposits
  • $159,286Deposits held in domestic offices
  • 203781.00%% insured (estimated)
  • $72Federal funds purchased & repurchase agreements
  • $10,225Trading liabilities
  • $0Other borrowed funds
  • $430Subordinated debt
  • $0All other liabilities
  • $851Total equity capital
  • $851Total bank equity capital
  • $15,164Perpetual preferred stock
  • $0Common stock
  • $1,889Surplus
  • $2,281Undivided profits
  • Memoranda
  • $10,994Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $317Income earned, not collected on loans
  • $536Earning assets
  • $211,225Long-term assets (5+ years)
  • $38,834Average Assets, year-to-date
  • $220,988Average Assets, quarterly
  • $226,820Volatile liabilities
  • $42,353Insider loans
  • $4,183FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $16,479Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $15,440Total risk weighted assets
  • $104,504Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $13,247Total interest expense
  • $5,526Net interest income
  • $7,721Provision for loan and lease losses
  • -$61Total noninterest income
  • $1,301Fiduciary activities
  • $0Service charges on deposit accounts
  • $581Trading account gains & fees
  • $1Additional noninterest income
  • $719Total noninterest expense
  • $6,449Salaries and employee benefits
  • $3,095Premises and equipment expense
  • $827Additional noninterest expense
  • $2,527Pre-tax net operating income
  • $2,634Securities gains (losses)
  • $738Applicable income taxes
  • $745Income before extraordinary items
  • $2,627Extraordinary gains - net
  • $0Net income attributable to bank
  • $2,627Net charge-offs
  • -$14Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 6.50%Cost of funding earning assets
  • 2.71%Net interest margin
  • 3.79%Noninterest income to earning assets
  • 0.64%Noninterest expense to earning assets
  • 3.16%Net operating income to assets
  • 0.93%Return on assets (ROA)
  • 1.19%Pretax return on assets
  • 1.53%Return on equity (ROE)
  • 18.31%Retained earnings to average equity (YTD only)
  • 18.31%Net charge-offs to loans
  • -0.02%Credit loss provision to net charge-offs
  • 435.71%Efficiency ratio
  • 71,481Assets per employee
  • 3.29%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.79%Loss allowance to noncurrent loans
  • 215.14%Noncurrent assets plus other real estate owned to assets
  • 0.57%Noncurrent loans to loans
  • 0.37%Net loans and leases to deposits
  • 42.03%Net loans and leases to core deposits
  • 49.81%Equity capital to assets
  • 6.58%Core capital (leverage) ratio
  • 7.05%Tier 1 risk-based capital ratio
  • 14.77%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $220,988Average earning assets
  • $14,351Average equity
  • $203,839Average 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 Tanglewood Bank, 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