United States National Bank of Galveston in Galveston, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 26, 2000

  • United States National Bank of Galveston in Galveston, Texas (TX)
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United States National Bank of Galveston - Overview

  • General
  • FDIC Certificate #: 3212
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: The Frost National Bank (#5510)
    Federal Reserve ID: 254951
    Date Established: January 01, 1874
    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 #: 2069
    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: January 01, 1934
    Last Structure Change Effective Date: May 26, 2000
    Last Structure Change Process Date: July 11, 2000
    Last Data Update: July 11, 2000
    Data Source Date: April 05, 2012
  • Location
  • Address: 2201 Market Street, Galveston, TX 77550
    County: Galveston
    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): Galveston-Texas City, TX (#2920)
    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)
  • Financial Summary
  • Total assets: $134.4 mil

1992 - 1999 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, 1999)

  • Dollar figures in thousands
  • 78Total employees (full-time equivalent)
  • $133,552Total assets
  • $9,320Cash and due from depository institutions
  • $0Interest-bearing balances
  • $40,340Securities
  • $15,000Federal funds sold & reverse repurchase agreements
  • $60,239Net loans & leases
  • $3,072Loan loss allowance
  • $0Trading account assets
  • $3,707Bank premises and fixed assets
  • $320Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $4,626All other assets
  • $133,552Total liabilities and capital
  • $123,709Total liabilities
  • $122,920Total deposits
  • $95,803Interest-bearing deposits
  • $122,920Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $789All other liabilities
  • $9,843Total equity capital
  • $9,843Total bank equity capital
  • $9,843Perpetual preferred stock
  • $0Common stock
  • $4,200Surplus
  • $4,200Undivided profits
  • Memoranda
  • $1,443Noncurrent loans and leases
  • $32,437Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $249Earning assets
  • $0Long-term assets (5+ years)
  • $426Average Assets, year-to-date
  • $115,579Average Assets, quarterly
  • $17,420Volatile liabilities
  • $143,263Insider loans
  • $134,925FHLB advances
  • $24,825Loans and leases held for sale
  • $13,832Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $32,437Total unused commitments
  • $0Restructured Loans and leases
  • $887Derivatives

Income and Expense (December 31, 1999)

  • Dollar figures in thousands
  • $8,523Total interest income
  • $3,457Total interest expense
  • $5,066Net interest income
  • $0Provision for loan and lease losses
  • $10,578Total noninterest income
  • $9,013Fiduciary activities
  • $600Service charges on deposit accounts
  • $0Trading account gains & fees
  • $965Additional noninterest income
  • $8,372Total noninterest expense
  • $3,845Salaries and employee benefits
  • $737Premises and equipment expense
  • $3,790Additional noninterest expense
  • $7,272Pre-tax net operating income
  • -$4Securities gains (losses)
  • $2,678Applicable income taxes
  • $4,590Income before extraordinary items
  • $0Extraordinary gains - net
  • $4,590Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • -$32Sale, conversion, retirement of capital stock, net
  • $5,096Net operating income

Performance and Condition Ratios (December 31, 1999)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.82%Yield on earning assets
  • 2.76%Cost of funding earning assets
  • 4.05%Net interest margin
  • 8.46%Noninterest income to earning assets
  • 6.69%Noninterest expense to earning assets
  • 3.21%Net operating income to assets
  • 3.20%Return on assets (ROA)
  • 5.07%Pretax return on assets
  • 44.56%Return on equity (ROE)
  • -4.91%Retained earnings to average equity (YTD only)
  • -0.05%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 53,516Assets per employee
  • 1.71%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 111.02%Loss allowance to loans
  • 4.85%Loss allowance to noncurrent loans
  • 1233.73%Noncurrent assets plus other real estate owned to assets
  • 0.43%Noncurrent loans to loans
  • 0.39%Net loans and leases to deposits
  • 49.01%Net loans and leases to core deposits
  • 61.41%Equity capital to assets
  • 7.37%Core capital (leverage) ratio
  • 7.17%Tier 1 risk-based capital ratio
  • 14.35%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $143,263Average earning assets
  • $10,302Average equity
  • $125,055Average loans

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