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
  • 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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