Third Coast Bank, SSB in Humble, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

Third Coast Bank, SSB - Overview

  • General
  • FDIC Certificate #: 58716
    Status: Active
    Federal Reserve ID: 3630323
    Date Established: Febuary 25, 2008
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 463605
    Numeric code: 41
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: 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: Febuary 25, 2008
    Last Structure Change Effective Date: August 11, 2011
    Last Structure Change Process Date: August 11, 2011
    Last Data Update: August 11, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 20202 Hwy 59 North, Suite 190, Humble, TX 77338
    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
  • Change in Entity Type
  • Financial Summary
  • Total assets: $228.6 mil
    Equity capital: $30.1 mil
    Deposits held in domestic offices: $197.8 mil
    Return on assets (ROA): 0.05% ($0.1 mil)
    Quarterly return on assets: -0.94% (-$2.2 mil)
    Return on Equity (ROE): 0.43% ($0.1 mil)
    Quarterly return on equity: -7.06% (-$2.1 mil)
    Net income: $0.1 mil
    Quarterly Net income: -$0.5 mil
    Pretax return on assets: 0.05% ($114.3 mil)
    Quarterly Pretax return on assets: -0.94% (-$2,148.5 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
  • 40Total employees (full-time equivalent)
  • $228,560Total assets
  • $29,183Cash and due from depository institutions
  • $22,384Interest-bearing balances
  • $767Securities
  • $7,686Federal funds sold & reverse repurchase agreements
  • $180,856Net loans & leases
  • $2,701Loan loss allowance
  • $0Trading account assets
  • $876Bank premises and fixed assets
  • $2,970Other real estate owned
  • $0Goodwill and other intangibles
  • $228,560Life insurance assets
  • $6,222All other assets
  • $198,474Total liabilities and capital
  • $197,758Total liabilities
  • $167,544Total deposits
  • $197,758Interest-bearing deposits
  • $65Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $716Subordinated debt
  • $30,086All other liabilities
  • $30,086Total equity capital
  • $30,086Total bank equity capital
  • $8,673Perpetual preferred stock
  • $2,451Common stock
  • $22,673Surplus
  • $-3,711Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,397Income earned, not collected on loans
  • $0Earning assets
  • $625Long-term assets (5+ years)
  • $211,693Average Assets, year-to-date
  • $3,554Average Assets, quarterly
  • $213,740Volatile liabilities
  • $227,667Insider loans
  • $201,601FHLB advances
  • $233,648Loans and leases held for sale
  • $5,198Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $30,068Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $5,198Total unused commitments
  • $33,786Restructured Loans and leases
  • $1,489Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $9,895Total interest income
  • $1,774Total interest expense
  • $8,121Net interest income
  • $1,300Provision for loan and lease losses
  • $216Total noninterest income
  • $0Fiduciary activities
  • $150Service charges on deposit accounts
  • $0Trading account gains & fees
  • $66Additional noninterest income
  • $7,021Total noninterest expense
  • $3,356Salaries and employee benefits
  • $723Premises and equipment expense
  • $2,942Additional noninterest expense
  • $16Pre-tax net operating income
  • $91Securities gains (losses)
  • $0Applicable income taxes
  • $107Income before extraordinary items
  • $0Extraordinary gains - net
  • $107Net income attributable to bank
  • $0Net charge-offs
  • $107Cash dividends
  • $249Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.94%Yield on earning assets
  • 0.89%Cost of funding earning assets
  • 4.06%Net interest margin
  • 0.11%Noninterest income to earning assets
  • 3.51%Noninterest expense to earning assets
  • 0.01%Net operating income to assets
  • 0.05%Return on assets (ROA)
  • 0.05%Pretax return on assets
  • 0.43%Return on equity (ROE)
  • 0.43%Retained earnings to average equity (YTD only)
  • 0.15%Net charge-offs to loans
  • 522.09%Credit loss provision to net charge-offs
  • 5.29%Efficiency ratio
  • 84,215Assets per employee
  • 5.71%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.47%Loss allowance to noncurrent loans
  • 112.68%Noncurrent assets plus other real estate owned to assets
  • 2.35%Noncurrent loans to loans
  • 1.31%Net loans and leases to deposits
  • 91.45%Net loans and leases to core deposits
  • 103.99%Equity capital to assets
  • 13.16%Core capital (leverage) ratio
  • 12.87%Tier 1 risk-based capital ratio
  • 14.91%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $213,740Average earning assets
  • $24,722Average equity
  • $200,148Average loans

List of branches

  • 3 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0463605Third Coast Bank, Ssb20202 Hwy 59 North, Suite 190, Humble, TX 77338Febuary 25, 2008Full Service Brick and Mortar
    3493484Beaumont Branch229 Dowlen Suite C, Beaumont, TX 77706April 01, 2009Full Service Brick and Mortar
    4520820Galleria Branch1800 West Loop South, Suite 100, Houston, TX 77027June 13, 2011Full Service Brick and Mortar

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