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)
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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

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