Charter National Bank - Houston in Houston, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 15, 1996

  • Charter National Bank - Houston in Houston, Texas (TX)
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Charter National Bank - Houston - Overview

  • General
  • FDIC Certificate #: 18755
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: NationsBank of Texas, National Association (#27306)
    Federal Reserve ID: 35459
    Date Established: April 10, 1963
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 13 (Interstate: No)
    OTS Docket #: 10914
    FDIC's unique #: 12621
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: April 10, 1963
    Last Structure Change Effective Date: August 15, 1996
    Last Structure Change Process Date: August 23, 1996
    Last Data Update: June 26, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 2600 Citadel Plaza Drive, Suite 100, Houston, TX 77008
    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
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $707.3 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)
  • $465Total assets
  • $478,460Cash and due from depository institutions
  • $43,551Interest-bearing balances
  • $0Securities
  • $108,994Federal funds sold & reverse repurchase agreements
  • $4,901Net loans & leases
  • $297,977Loan loss allowance
  • $2,612Trading account assets
  • $0Bank premises and fixed assets
  • $7,226Other real estate owned
  • $1,947Goodwill and other intangibles
  • $6,564Life insurance assets
  • $7,300All other assets
  • $0Total liabilities and capital
  • $478,460Total liabilities
  • $442,954Total deposits
  • $399,198Interest-bearing deposits
  • $259,003Deposits held in domestic offices
  • 399198.00%% insured (estimated)
  • $63Federal funds purchased & repurchase agreements
  • $34,342Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $1,500All other liabilities
  • $7,914Total equity capital
  • $7,914Total bank equity capital
  • $35,506Perpetual preferred stock
  • $0Common stock
  • $625Surplus
  • $22,746Undivided profits
  • Memoranda
  • $12,135Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,368Income earned, not collected on loans
  • $2,291Earning assets
  • $411,872Long-term assets (5+ years)
  • $59,754Average Assets, year-to-date
  • $462,140Average Assets, quarterly
  • $468,919Volatile liabilities
  • $82,533Insider loans
  • $643FHLB advances
  • $0Loans and leases held for sale
  • $48,885Unused loan commitments
  • $123,600Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $29,396Total risk weighted assets
  • $297,811Total unused commitments
  • $0Restructured Loans and leases
  • $30,000Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $34,743Total interest expense
  • $12,518Net interest income
  • $22,225Provision for loan and lease losses
  • $605Total noninterest income
  • $19,121Fiduciary activities
  • $1,929Service charges on deposit accounts
  • $3,953Trading account gains & fees
  • $0Additional noninterest income
  • $13,239Total noninterest expense
  • $29,963Salaries and employee benefits
  • $15,932Premises and equipment expense
  • $4,585Additional noninterest expense
  • $9,446Pre-tax net operating income
  • $10,778Securities gains (losses)
  • -$103Applicable income taxes
  • $3,840Income before extraordinary items
  • $6,835Extraordinary gains - net
  • $0Net income attributable to bank
  • $6,835Net charge-offs
  • $642Cash dividends
  • $1,222Sale, 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
  • 8.51%Cost of funding earning assets
  • 3.07%Net interest margin
  • 5.44%Noninterest income to earning assets
  • 4.68%Noninterest expense to earning assets
  • 7.34%Net operating income to assets
  • 1.49%Return on assets (ROA)
  • 1.48%Pretax return on assets
  • 2.31%Return on equity (ROE)
  • 21.84%Retained earnings to average equity (YTD only)
  • 17.93%Net charge-offs to loans
  • 0.23%Credit loss provision to net charge-offs
  • 94.24%Efficiency ratio
  • 71,131Assets per employee
  • 1.03%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 17.88%Loss allowance to loans
  • 0.87%Loss allowance to noncurrent loans
  • 110.30%Noncurrent assets plus other real estate owned to assets
  • 0.90%Noncurrent loans to loans
  • 0.79%Net loans and leases to deposits
  • 74.64%Net loans and leases to core deposits
  • 84.89%Equity capital to assets
  • 7.42%Core capital (leverage) ratio
  • 6.23%Tier 1 risk-based capital ratio
  • 9.87%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $462,140Average earning assets
  • $31,301Average equity
  • $408,214Average loans

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