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- Banks in Texas (TX)
- Texas Commerce Bank-Odessa, National Association
Texas Commerce Bank-Odessa, National Association in Odessa, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches
This bank is inactive as of November 13, 1993
- Texas Commerce Bank-Odessa, National Association in Odessa, Texas (TX)
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Texas Commerce Bank-Odessa, National Association - Overview
- General
- FDIC Certificate #: 17568
Status: Inactive
Closing history: Corrections
Acquiring institution: Chase Bank of Texas, National Association (#3263)
Federal Reserve ID: 716262
Date Established: March 16, 1956
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 #: 11540
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: March 16, 1956
Last Structure Change Effective Date: November 13, 1993
Last Structure Change Process Date: December 27, 1993
Last Data Update: January 10, 1994
Data Source Date: April 05, 2012 - Location
- Address: 620 North Grant Street, Odessa, TX 79760
County: Ector
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Lubbock
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
Metropolitan Statistical Area (MSA): Odessa-Midland, TX (#5800)
Combined Statistical Area (CSA): Midland-Odessa, TX (#372)
Core Based Statistical Area (CBSA): Odessa, TX (#36220)
CBSA Metro Statistical Area: Odessa, TX (#36220) - History of Changes
- Merger - Without Assistance
Corrections - Financial Summary
- Total assets: $155.6 mil
Assets and Liabilities (December 31, 1992)
- Dollar figures in thousands
- 0Total employees (full-time equivalent)
- $60Total assets
- $168,256Cash and due from depository institutions
- $12,570Interest-bearing balances
- $0Securities
- $360Federal funds sold & reverse repurchase agreements
- $113,316Net loans & leases
- $36,960Loan loss allowance
- $1,301Trading account assets
- $0Bank premises and fixed assets
- $3,720Other real estate owned
- $251Goodwill and other intangibles
- $1,079Life insurance assets
- $0All other assets
- $0Total liabilities and capital
- $168,256Total liabilities
- $158,413Total deposits
- $151,382Interest-bearing deposits
- $108,840Deposits held in domestic offices
- 151382.00%% insured (estimated)
- $78Federal funds purchased & repurchase agreements
- $4,046Trading liabilities
- $0Other borrowed funds
- $2,000Subordinated debt
- $0All other liabilities
- $985Total equity capital
- $985Total bank equity capital
- $9,843Perpetual preferred stock
- $0Common stock
- $7,000Surplus
- $5,000Undivided profits
- Memoranda
- $-2,157Noncurrent loans and leases
- $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
- $35Income earned, not collected on loans
- $234Earning assets
- $150,636Long-term assets (5+ years)
- $1,364Average Assets, year-to-date
- $183,798Average Assets, quarterly
- $170,052Volatile liabilities
- $23,767Insider loans
- $0FHLB advances
- $0Loans and leases held for sale
- $0Unused loan commitments
- $9,330Tier 1 (core) risk-based capital
- $0Tier 2 risk-based capital
- $9,843Total risk weighted assets
- $67,877Total unused commitments
- $0Restructured Loans and leases
- $0Derivatives
Income and Expense (December 31, 1992)
- Dollar figures in thousands
- $0Total interest income
- $7,403Total interest expense
- $4,773Net interest income
- $2,630Provision for loan and lease losses
- $445Total noninterest income
- $2,632Fiduciary activities
- $1,132Service charges on deposit accounts
- $1,236Trading account gains & fees
- $0Additional noninterest income
- $264Total noninterest expense
- $6,168Salaries and employee benefits
- $2,106Premises and equipment expense
- $827Additional noninterest expense
- $3,235Pre-tax net operating income
- -$1,351Securities gains (losses)
- $0Applicable income taxes
- -$436Income before extraordinary items
- -$915Extraordinary gains - net
- $0Net income attributable to bank
- -$915Net charge-offs
- $35Cash dividends
- $0Sale, conversion, retirement of capital stock, net
- $2,000Net operating income
Performance and Condition Ratios (December 31, 1992)
- Dollar figures in thousands
- Performance Ratios (%, annualized)
- 0.00%Yield on earning assets
- 4.46%Cost of funding earning assets
- 2.88%Net interest margin
- 1.58%Noninterest income to earning assets
- 1.59%Noninterest expense to earning assets
- 3.72%Net operating income to assets
- -0.50%Return on assets (ROA)
- -0.50%Pretax return on assets
- -0.74%Return on equity (ROE)
- -9.90%Retained earnings to average equity (YTD only)
- -9.90%Net charge-offs to loans
- 0.09%Credit loss provision to net charge-offs
- 1271.43%Efficiency ratio
- 117,218Assets per employee
- 2.80%Cash dividends to net income (YTD only)
- Condition Ratios (%)
- 0.00%Loss allowance to loans
- 3.40%Loss allowance to noncurrent loans
- 3717.14%Noncurrent assets plus other real estate owned to assets
- 0.17%Noncurrent loans to loans
- 0.09%Net loans and leases to deposits
- 24.42%Net loans and leases to core deposits
- 27.65%Equity capital to assets
- 5.85%Core capital (leverage) ratio
- 5.84%Tier 1 risk-based capital ratio
- 14.50%Total risk-based capital ratio
- Memoranda
- $16Average assets
- $183,798Average earning assets
- $9,241Average equity
- $165,995Average loans
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- Banks in Texas (TX)
- Texas Commerce Bank-Odessa, National Association
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