University National Bank - Galveston in Galveston, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 15, 1996

  • University National Bank - Galveston in Galveston, Texas (TX)
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University National Bank - Galveston - Overview

  • General
  • FDIC Certificate #: 19718
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: NationsBank of Texas, National Association (#27306)
    Federal Reserve ID: 316055
    Date Established: June 15, 1967
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 3 (Interstate: No)
    OTS Docket #: 9648
    FDIC's unique #: 13514
    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: June 15, 1967
    Last Structure Change Effective Date: August 15, 1996
    Last Structure Change Process Date: August 23, 1996
    Last Data Update: August 23, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 700 University Boulevard, 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: $90.2 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $31Total assets
  • $97,925Cash and due from depository institutions
  • $1,470Interest-bearing balances
  • $0Securities
  • $34,886Federal funds sold & reverse repurchase agreements
  • $11,756Net loans & leases
  • $42,775Loan loss allowance
  • $512Trading account assets
  • $0Bank premises and fixed assets
  • $4,852Other real estate owned
  • $45Goodwill and other intangibles
  • $465Life insurance assets
  • $1,676All other assets
  • $0Total liabilities and capital
  • $97,925Total liabilities
  • $89,748Total deposits
  • $73,252Interest-bearing deposits
  • $58,590Deposits held in domestic offices
  • 73252.00%% insured (estimated)
  • $90Federal funds purchased & repurchase agreements
  • $14,593Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $1,903Total equity capital
  • $1,903Total bank equity capital
  • $8,177Perpetual preferred stock
  • $0Common stock
  • $1,510Surplus
  • $6,118Undivided profits
  • Memoranda
  • $549Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $648Income earned, not collected on loans
  • $160Earning assets
  • $89,417Long-term assets (5+ years)
  • $21,493Average Assets, year-to-date
  • $93,060Average Assets, quarterly
  • $97,198Volatile liabilities
  • $24,408Insider loans
  • $568FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $2,612Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $6,514Total risk weighted assets
  • $54,098Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $6,241Total interest expense
  • $2,670Net interest income
  • $3,571Provision for loan and lease losses
  • $20Total noninterest income
  • $952Fiduciary activities
  • $0Service charges on deposit accounts
  • $748Trading account gains & fees
  • $0Additional noninterest income
  • $204Total noninterest expense
  • $3,406Salaries and employee benefits
  • $1,441Premises and equipment expense
  • $727Additional noninterest expense
  • $1,238Pre-tax net operating income
  • $1,097Securities gains (losses)
  • -$52Applicable income taxes
  • $411Income before extraordinary items
  • $634Extraordinary gains - net
  • $0Net income attributable to bank
  • $634Net charge-offs
  • $76Cash dividends
  • $293Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.46%Cost of funding earning assets
  • 3.19%Net interest margin
  • 4.27%Noninterest income to earning assets
  • 1.14%Noninterest expense to earning assets
  • 4.07%Net operating income to assets
  • 0.72%Return on assets (ROA)
  • 0.68%Pretax return on assets
  • 1.12%Return on equity (ROE)
  • 7.97%Retained earnings to average equity (YTD only)
  • 4.29%Net charge-offs to loans
  • 0.20%Credit loss provision to net charge-offs
  • 26.32%Efficiency ratio
  • 71,656Assets per employee
  • 3.16%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 46.21%Loss allowance to loans
  • 1.18%Loss allowance to noncurrent loans
  • 79.01%Noncurrent assets plus other real estate owned to assets
  • 0.71%Noncurrent loans to loans
  • 1.50%Net loans and leases to deposits
  • 58.39%Net loans and leases to core deposits
  • 67.43%Equity capital to assets
  • 8.35%Core capital (leverage) ratio
  • 7.03%Tier 1 risk-based capital ratio
  • 12.04%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $93,060Average earning assets
  • $7,956Average equity
  • $83,606Average loans

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