Texas Commerce Bank - Corpus Christi, National Association in Corpus Christi, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 14, 1994

  • Texas Commerce Bank - Corpus Christi, National Association in Corpus Christi, Texas (TX)
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Texas Commerce Bank - Corpus Christi, National Association - Overview

  • General
  • FDIC Certificate #: 18557
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: The Frost National Bank (#5510)
    Federal Reserve ID: 812351
    Date Established: June 29, 1962
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 4 (Interstate: No)
    FDIC's unique #: 12445
    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: June 29, 1962
    Last Structure Change Effective Date: April 14, 1994
    Last Structure Change Process Date: May 06, 1994
    Last Data Update: May 06, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 802 North Carancahua, Corpus Christi, TX 78403
    County: Nueces
    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): Corpus Christi, TX (#1880)
    Combined Statistical Area (CSA): Corpus Christi-Kingsville, TX (#204)
    Core Based Statistical Area (CBSA): Corpus Christi, TX (#18580)
    CBSA Metro Statistical Area: Corpus Christi, TX (#18580)
  • Financial Summary
  • Total assets: $165.5 mil

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

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $67Total assets
  • $181,834Cash and due from depository institutions
  • $16,184Interest-bearing balances
  • $0Securities
  • $550Federal funds sold & reverse repurchase agreements
  • $110,736Net loans & leases
  • $48,151Loan loss allowance
  • $2,830Trading account assets
  • $0Bank premises and fixed assets
  • $3,421Other real estate owned
  • $0Goodwill and other intangibles
  • $2,792Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $181,834Total liabilities
  • $165,801Total deposits
  • $165,013Interest-bearing deposits
  • $118,458Deposits held in domestic offices
  • 165013.00%% insured (estimated)
  • $75Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $25Subordinated debt
  • $0All other liabilities
  • $763Total equity capital
  • $763Total bank equity capital
  • $16,033Perpetual preferred stock
  • $0Common stock
  • $10,575Surplus
  • $7,767Undivided profits
  • Memoranda
  • $-2,309Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,863Income earned, not collected on loans
  • $247Earning assets
  • $159,437Long-term assets (5+ years)
  • $4,280Average Assets, year-to-date
  • $175,311Average Assets, quarterly
  • $178,848Volatile liabilities
  • $11,371Insider loans
  • $4,788FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $10,967Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $16,033Total risk weighted assets
  • $79,945Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $7,452Total interest expense
  • $3,178Net interest income
  • $4,274Provision for loan and lease losses
  • $0Total noninterest income
  • $4,133Fiduciary activities
  • $1,929Service charges on deposit accounts
  • $1,676Trading account gains & fees
  • $0Additional noninterest income
  • $528Total noninterest expense
  • $7,511Salaries and employee benefits
  • $2,278Premises and equipment expense
  • $2,187Additional noninterest expense
  • $3,046Pre-tax net operating income
  • $896Securities gains (losses)
  • $0Applicable income taxes
  • $354Income before extraordinary items
  • $542Extraordinary gains - net
  • -$36Net income attributable to bank
  • $506Net charge-offs
  • -$70Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 4.87%Cost of funding earning assets
  • 2.08%Net interest margin
  • 2.79%Noninterest income to earning assets
  • 2.70%Noninterest expense to earning assets
  • 4.91%Net operating income to assets
  • 0.31%Return on assets (ROA)
  • 0.29%Pretax return on assets
  • 0.49%Return on equity (ROE)
  • 3.20%Retained earnings to average equity (YTD only)
  • 3.20%Net charge-offs to loans
  • -0.13%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 89,342Assets per employee
  • 2.71%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 5.55%Loss allowance to noncurrent loans
  • 151.91%Noncurrent assets plus other real estate owned to assets
  • 1.02%Noncurrent loans to loans
  • 3.65%Net loans and leases to deposits
  • 29.18%Net loans and leases to core deposits
  • 31.33%Equity capital to assets
  • 8.82%Core capital (leverage) ratio
  • 8.98%Tier 1 risk-based capital ratio
  • 20.05%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $175,311Average earning assets
  • $15,809Average equity
  • $152,930Average loans

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