FDIC Certificate #: 16706 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Whitney National Bank (#18538) Federal Reserve ID: 647656 Date Established: June 15, 1948 Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 2 (Interstate: No) FDIC's unique #: 10829 Numeric code: 13 Regulator: FED 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: June 15, 1948 Last Structure Change Effective Date: October 07, 2000 Last Structure Change Process Date: November 16, 2000 Last Data Update: November 16, 2000 Data Source Date: April 05, 2012
Location
Address: 5115 Main Street, Houston, TX 77004 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)
Financial Summary
Total assets: $244.7 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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
65Total employees (full-time equivalent)
$183,897Total assets
$9,180Cash and due from depository institutions
$0Interest-bearing balances
$123,899Securities
$560Federal funds sold & reverse repurchase agreements
$41,985Net loans & leases
$1,449Loan loss allowance
$0Trading account assets
$5,328Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$2,945All other assets
$183,897Total liabilities and capital
$163,695Total liabilities
$161,553Total deposits
$127,190Interest-bearing deposits
$161,553Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$1,400Other borrowed funds
$0Subordinated debt
$742All other liabilities
$20,202Total equity capital
$20,202Total bank equity capital
$20,202Perpetual preferred stock
$0Common stock
$2,750Surplus
$6,000Undivided profits
Memoranda
$11,452Noncurrent loans and leases
$7,250Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$244Earning assets
$0Long-term assets (5+ years)
$257Average Assets, year-to-date
$166,444Average Assets, quarterly
$7,761Volatile liabilities
$184,719Insider loans
$184,631FHLB advances
$26,364Loans and leases held for sale
$667Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$7,250Total unused commitments
$0Restructured Loans and leases
$932Derivatives
Income and Expense (December 31, 1999)
Dollar figures in thousands
$11,295Total interest income
$4,453Total interest expense
$6,842Net interest income
$0Provision for loan and lease losses
$2,010Total noninterest income
$0Fiduciary activities
$1,779Service charges on deposit accounts
$0Trading account gains & fees
$231Additional noninterest income
$6,137Total noninterest expense
$3,388Salaries and employee benefits
$910Premises and equipment expense
$1,839Additional noninterest expense
$2,715Pre-tax net operating income
$0Securities gains (losses)
$909Applicable income taxes
$1,806Income before extraordinary items
$0Extraordinary gains - net
$1,806Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$115Sale, conversion, retirement of capital stock, net
$714Net operating income
Performance and Condition Ratios (December 31, 1999)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.67%Yield on earning assets
2.63%Cost of funding earning assets
4.04%Net interest margin
1.19%Noninterest income to earning assets
3.62%Noninterest expense to earning assets
0.98%Net operating income to assets
0.98%Return on assets (ROA)
1.47%Pretax return on assets
8.79%Return on equity (ROE)
5.32%Retained earnings to average equity (YTD only)
0.28%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
23.61%Efficiency ratio
69,329Assets per employee
2.83%Cash dividends to net income (YTD only)
Condition Ratios (%)
39.53%Loss allowance to loans
3.34%Loss allowance to noncurrent loans
593.85%Noncurrent assets plus other real estate owned to assets
0.13%Noncurrent loans to loans
0.56%Net loans and leases to deposits
25.99%Net loans and leases to core deposits
30.74%Equity capital to assets
10.99%Core capital (leverage) ratio
11.58%Tier 1 risk-based capital ratio
29.07%Total risk-based capital ratio
Memoranda
$30Average assets
$184,719Average earning assets
$20,541Average equity
$169,426Average loans
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