Texas Commerce Banks in Newark, Delaware (DE)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 01, 1993

  • Texas Commerce Banks in Newark, Delaware (DE)
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Texas Commerce Banks - Overview

  • General
  • FDIC Certificate #: 26825
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: JPMorgan Chase Bank, National Association (#628)
    Federal Reserve ID: 68710
    Date Established: November 03, 1986
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 36051
    Numeric code: 21
    Regulator: FDIC
    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: November 03, 1986
    Last Structure Change Effective Date: July 01, 1993
    Last Structure Change Process Date: July 15, 1993
    Last Data Update: July 15, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: 513 White Clay Center Drive, Newark, DE 19711
    County: New Castle
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Claymont
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Metropolitan Statistical Area (MSA): Wilmington-Newark, DE-MD (#9160)
    Consolidated Metropolitan Statistical Area (CMSA): Philadelphia-Wilmington-Atlantic City, PA-NJ-DE-MD (#77)
    Combined Statistical Area (CSA): Philadelphia-Camden-Vineland, PA-NJ-DE-MD (#428)
    Core Based Statistical Area (CBSA): Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (#37980)
    CBSA Metro Statistical Area: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (#37980)
    Core Based Statistical Division: Wilmington, DE-MD-NJ (#48864)
  • Financial Summary
  • Total assets: $57.1 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $4Total assets
  • $62,922Cash and due from depository institutions
  • $101Interest-bearing balances
  • $0Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $980Net loans & leases
  • $61,522Loan loss allowance
  • $1,662Trading account assets
  • $0Bank premises and fixed assets
  • $36Other real estate owned
  • $0Goodwill and other intangibles
  • $283Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $62,922Total liabilities
  • $56,070Total deposits
  • $1,325Interest-bearing deposits
  • $1,300Deposits held in domestic offices
  • 1325.00%% insured (estimated)
  • $62Federal funds purchased & repurchase agreements
  • $53,663Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $1,082Total equity capital
  • $1,082Total bank equity capital
  • $6,852Perpetual preferred stock
  • $0Common stock
  • $100Surplus
  • $5,763Undivided profits
  • Memoranda
  • $989Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $834Income earned, not collected on loans
  • $0Earning assets
  • $62,502Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $59,891Average Assets, quarterly
  • $61,911Volatile liabilities
  • $54,963Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $206,933Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $6,852Total risk weighted assets
  • $62,853Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $9,462Total interest expense
  • $1,873Net interest income
  • $7,589Provision for loan and lease losses
  • $1,929Total noninterest income
  • $3,596Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $3,596Total noninterest expense
  • $5,165Salaries and employee benefits
  • $172Premises and equipment expense
  • $45Additional noninterest expense
  • $4,948Pre-tax net operating income
  • $4,091Securities gains (losses)
  • $0Applicable income taxes
  • $1,391Income before extraordinary items
  • $2,700Extraordinary gains - net
  • $0Net income attributable to bank
  • $2,700Net charge-offs
  • $2,078Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 15.99%Cost of funding earning assets
  • 3.16%Net interest margin
  • 12.82%Noninterest income to earning assets
  • 6.08%Noninterest expense to earning assets
  • 8.73%Net operating income to assets
  • 4.51%Return on assets (ROA)
  • 4.51%Pretax return on assets
  • 6.83%Return on equity (ROE)
  • 45.78%Retained earnings to average equity (YTD only)
  • 45.78%Net charge-offs to loans
  • 3.45%Credit loss provision to net charge-offs
  • 92.83%Efficiency ratio
  • 46,178Assets per employee
  • 15.73%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.63%Loss allowance to noncurrent loans
  • 199.28%Noncurrent assets plus other real estate owned to assets
  • 1.33%Noncurrent loans to loans
  • 1.32%Net loans and leases to deposits
  • 4643.17%Net loans and leases to core deposits
  • 246088.00%Equity capital to assets
  • 10.89%Core capital (leverage) ratio
  • 11.28%Tier 1 risk-based capital ratio
  • 10.90%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $59,891Average earning assets
  • $5,898Average equity
  • $59,190Average loans

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