Texas City Bank in Texas City, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 1996

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

Texas City Bank - Overview

  • General
  • FDIC Certificate #: 5554
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Merchants Bank (#20263)
    Federal Reserve ID: 357263
    Date Established: January 01, 1907
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 3 (Interstate: No)
    FDIC's unique #: 3776
    Numeric code: 13
    Regulator: FED
    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 01, 1934
    Last Structure Change Effective Date: January 01, 1996
    Last Structure Change Process Date: March 15, 1996
    Last Data Update: March 15, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 701 Sixth Street North, Texas City, TX 77590
    County: Galveston
    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): Galveston-Texas City, TX (#2920)
    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: $87.7 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)
  • $50Total assets
  • $87,719Cash and due from depository institutions
  • $17,233Interest-bearing balances
  • $12,826Securities
  • $36,003Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $32,064Loan loss allowance
  • $302Trading account assets
  • $0Bank premises and fixed assets
  • $1,502Other real estate owned
  • $0Goodwill and other intangibles
  • $917Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $87,719Total liabilities
  • $78,621Total deposits
  • $78,022Interest-bearing deposits
  • $62,368Deposits held in domestic offices
  • 78022.00%% insured (estimated)
  • $76Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $599Total equity capital
  • $599Total bank equity capital
  • $9,098Perpetual preferred stock
  • $0Common stock
  • $1,000Surplus
  • $3,000Undivided profits
  • Memoranda
  • $5,098Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $656Income earned, not collected on loans
  • $193Earning assets
  • $80,893Long-term assets (5+ years)
  • $7,168Average Assets, year-to-date
  • $83,995Average Assets, quarterly
  • $90,856Volatile liabilities
  • $4,010Insider loans
  • $1,761FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $2,055Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $8,858Total risk weighted assets
  • $39,073Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $5,656Total interest expense
  • $2,247Net interest income
  • $3,409Provision for loan and lease losses
  • $121Total noninterest income
  • $899Fiduciary activities
  • $0Service charges on deposit accounts
  • $649Trading account gains & fees
  • $0Additional noninterest income
  • $250Total noninterest expense
  • $3,253Salaries and employee benefits
  • $1,597Premises and equipment expense
  • $448Additional noninterest expense
  • $1,208Pre-tax net operating income
  • $934Securities gains (losses)
  • $0Applicable income taxes
  • $196Income before extraordinary items
  • $738Extraordinary gains - net
  • $0Net income attributable to bank
  • $738Net charge-offs
  • $71Cash dividends
  • $100Sale, 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
  • 7.31%Cost of funding earning assets
  • 2.90%Net interest margin
  • 4.41%Noninterest income to earning assets
  • 1.16%Noninterest expense to earning assets
  • 4.20%Net operating income to assets
  • 0.88%Return on assets (ROA)
  • 0.88%Pretax return on assets
  • 1.11%Return on equity (ROE)
  • 8.66%Retained earnings to average equity (YTD only)
  • 7.48%Net charge-offs to loans
  • 0.22%Credit loss provision to net charge-offs
  • 170.42%Efficiency ratio
  • 75,511Assets per employee
  • 1.75%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 13.55%Loss allowance to loans
  • 0.93%Loss allowance to noncurrent loans
  • 46.04%Noncurrent assets plus other real estate owned to assets
  • 0.75%Noncurrent loans to loans
  • 2.03%Net loans and leases to deposits
  • 41.10%Net loans and leases to core deposits
  • 43.32%Equity capital to assets
  • 10.37%Core capital (leverage) ratio
  • 9.63%Tier 1 risk-based capital ratio
  • 22.67%Total risk-based capital ratio
  • Memoranda
  • $23Average assets
  • $83,995Average earning assets
  • $8,524Average equity
  • $77,378Average loans

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