Bank of Corpus Christi in city_name, state_name - Detailed Financial Reports, Location

Bank of Corpus Christi in Corpus Christi, Texas (TX)
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Bank of Corpus Christi - Overview

General
FDIC Certificate #: 24475
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: International Bank of Commerce (#19629)
Federal Reserve ID: 895457
Date Established: May 16, 1983
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Interstate: No)
OTS Docket #: 11683
FDIC's unique #: 17012
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: May 16, 1983
Last Structure Change Effective Date: January 31, 1995
Last Structure Change Process Date: Febuary 23, 1995
Last Data Update: Febuary 23, 1995
Data Source Date: April 05, 2012
Location
Address: 221 South Shoreline Boulevard, Corpus Christi, TX 78403
County: Nueces
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): Corpus Christi, TX (#1880)
Combined Statistical Area (CSA): Corpus Christi-Kingsville, TX (#204)
Core Based Statistical Area (CBSA): Corpus Christi, TX (#18580)
CBSA Metro Statistical Area: Corpus Christi, TX (#18580)
Financial Summary
Total assets: $80.5 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$35Total assets
$80,469Cash and due from depository institutions
$3,358Interest-bearing balances
$428Securities
$37,323Federal funds sold & reverse repurchase agreements
$7,025Net loans & leases
$27,646Loan loss allowance
$331Trading account assets
$0Bank premises and fixed assets
$3,508Other real estate owned
$371Goodwill and other intangibles
$1,238Life insurance assets
$0All other assets
$0Total liabilities and capital
$80,469Total liabilities
$75,051Total deposits
$74,746Interest-bearing deposits
$60,936Deposits held in domestic offices
74746.00%% insured (estimated)
$77Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$305Total equity capital
$305Total bank equity capital
$5,418Perpetual preferred stock
$0Common stock
$1,702Surplus
$1,702Undivided profits
Memoranda
$2,014Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$96Income earned, not collected on loans
$169Earning assets
$72,422Long-term assets (5+ years)
$4,802Average Assets, year-to-date
$79,441Average Assets, quarterly
$80,136Volatile liabilities
$10,161Insider loans
$456FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$3,472Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$5,676Total risk weighted assets
$35,173Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$4,957Total interest expense
$1,806Net interest income
$3,151Provision for loan and lease losses
-$106Total noninterest income
$629Fiduciary activities
$0Service charges on deposit accounts
$331Trading account gains & fees
$0Additional noninterest income
$298Total noninterest expense
$3,032Salaries and employee benefits
$1,053Premises and equipment expense
$406Additional noninterest expense
$1,573Pre-tax net operating income
$854Securities gains (losses)
$62Applicable income taxes
$264Income before extraordinary items
$652Extraordinary gains - net
$0Net income attributable to bank
$652Net charge-offs
-$152Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1994)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.05%Cost of funding earning assets
2.57%Net interest margin
4.48%Noninterest income to earning assets
0.89%Noninterest expense to earning assets
4.31%Net operating income to assets
0.77%Return on assets (ROA)
0.82%Pretax return on assets
1.15%Return on equity (ROE)
12.31%Retained earnings to average equity (YTD only)
12.31%Net charge-offs to loans
-0.46%Credit loss provision to net charge-offs
69.74%Efficiency ratio
80,185Assets per employee
2.30%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.18%Loss allowance to noncurrent loans
344.79%Noncurrent assets plus other real estate owned to assets
0.58%Noncurrent loans to loans
0.34%Net loans and leases to deposits
36.99%Net loans and leases to core deposits
42.81%Equity capital to assets
6.73%Core capital (leverage) ratio
6.98%Tier 1 risk-based capital ratio
16.14%Total risk-based capital ratio
Memoranda
$17Average assets
$79,441Average earning assets
$5,296Average equity
$70,308Average loans

Bank of Corpus Christi in Corpus Christi, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

Bank of Corpus Christi - Overview

Assets and Liabilities (December 31, 1994)

Income and Expense (December 31, 1994)

Performance and Condition Ratios (December 31, 1994)

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Bank of Corpus Christi in Corpus Christi, Texas (TX)Overview, Financial Summary, Detailed Financial Reports, Branches

Bank of Corpus Christi - Overview

Assets and Liabilities (December 31, 1994)

Income and Expense (December 31, 1994)

Performance and Condition Ratios (December 31, 1994)

Comment about this bank, ask questions, or add new information about it:

Bank of Corpus Christi in Corpus Christi, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches