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

Texas Coastal Bank - Overview

  • General
  • FDIC Certificate #: 24794
    Status: Active
    Federal Reserve ID: 783965
    Date Established: November 16, 1983
    WWW: http://www.txcoastalbk.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 17201
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: November 16, 1983
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 6731 Spencer Highway, Pasadena, TX 77505
    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)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $29.3 mil
    Equity capital: $2.2 mil
    Deposits held in domestic offices: $26.8 mil
    Return on assets (ROA): -2.21% (-$0.6 mil)
    Quarterly return on assets: -5.54% (-$1.6 mil)
    Return on Equity (ROE): -30.69% (-$0.6 mil)
    Quarterly return on equity: -68.62% (-$1.4 mil)
    Net income: -$0.7 mil
    Quarterly Net income: -$0.4 mil
    Pretax return on assets: -1.61% (-$471.1 mil)
    Quarterly Pretax return on assets: -0.89% (-$260.4 mil)

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

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 17Total employees (full-time equivalent)
  • $29,260Total assets
  • $4,181Cash and due from depository institutions
  • $2,313Interest-bearing balances
  • $3,499Securities
  • $1,135Federal funds sold & reverse repurchase agreements
  • $18,686Net loans & leases
  • $403Loan loss allowance
  • $0Trading account assets
  • $688Bank premises and fixed assets
  • $570Other real estate owned
  • $0Goodwill and other intangibles
  • $29,260Life insurance assets
  • $501All other assets
  • $27,065Total liabilities and capital
  • $26,821Total liabilities
  • $19,028Total deposits
  • $26,821Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $162Trading liabilities
  • $0Other borrowed funds
  • $82Subordinated debt
  • $2,195All other liabilities
  • $2,195Total equity capital
  • $2,195Total bank equity capital
  • $0Perpetual preferred stock
  • $1,739Common stock
  • $1,118Surplus
  • $-662Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $397Income earned, not collected on loans
  • $0Earning assets
  • $145Long-term assets (5+ years)
  • $25,633Average Assets, year-to-date
  • $2,952Average Assets, quarterly
  • $31,442Volatile liabilities
  • $29,728Insider loans
  • $19,983FHLB advances
  • $29,237Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $1,946Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $572Restructured Loans and leases
  • $733Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,492Total interest income
  • $214Total interest expense
  • $1,278Net interest income
  • $80Provision for loan and lease losses
  • $177Total noninterest income
  • $0Fiduciary activities
  • $149Service charges on deposit accounts
  • $0Trading account gains & fees
  • $28Additional noninterest income
  • $1,880Total noninterest expense
  • $877Salaries and employee benefits
  • $222Premises and equipment expense
  • $781Additional noninterest expense
  • -$505Pre-tax net operating income
  • $0Securities gains (losses)
  • $189Applicable income taxes
  • -$694Income before extraordinary items
  • $0Extraordinary gains - net
  • -$694Net income attributable to bank
  • $0Net charge-offs
  • -$694Cash dividends
  • $189Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.35%Yield on earning assets
  • 0.77%Cost of funding earning assets
  • 4.59%Net interest margin
  • 0.64%Noninterest income to earning assets
  • 6.75%Noninterest expense to earning assets
  • -2.21%Net operating income to assets
  • -2.21%Return on assets (ROA)
  • -1.61%Pretax return on assets
  • -30.69%Return on equity (ROE)
  • -30.69%Retained earnings to average equity (YTD only)
  • 0.97%Net charge-offs to loans
  • 42.33%Credit loss provision to net charge-offs
  • -2.25%Efficiency ratio
  • 129,210Assets per employee
  • 1.72%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.11%Loss allowance to noncurrent loans
  • 101.51%Noncurrent assets plus other real estate owned to assets
  • 3.30%Noncurrent loans to loans
  • 2.08%Net loans and leases to deposits
  • 69.67%Net loans and leases to core deposits
  • 74.12%Equity capital to assets
  • 7.50%Core capital (leverage) ratio
  • 6.66%Tier 1 risk-based capital ratio
  • 9.74%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $31,442Average earning assets
  • $2,261Average equity
  • $27,866Average loans

List of branches

  • 2 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    017201Texas Coastal Bank6731 Spencer Highway, Pasadena, TX 77505November 16, 1983Full Service Brick and Mortar
    1492908Deer Park Office Branch102 W. Pasadena Blvd., Deer Park, TX 77536July 18, 2005Full Service Brick and Mortar

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