FDIC Certificate #: 1217 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:International Bank of Commerce (#19629) Federal Reserve ID: 405061 Date Established: Febuary 01, 1909 WWW:http://www.csbsinton.com Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) FDIC's unique #: 835 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: March 16, 2007 Last Structure Change Process Date: March 28, 2007 Last Data Update: March 28, 2007 Data Source Date: April 05, 2012
Location
Address: 301 West Sinton Street, Sinton, TX 78387 County: San Patricio 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: $56.8 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
2000 - 2011 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, 2006)
Dollar figures in thousands
18Total employees (full-time equivalent)
$56,778Total assets
$26,460Cash and due from depository institutions
$23,464Interest-bearing balances
$12,464Securities
$5,775Federal funds sold & reverse repurchase agreements
$11,481Net loans & leases
$570Loan loss allowance
$0Trading account assets
$324Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$274All other assets
$56,777Total liabilities and capital
$51,766Total liabilities
$51,334Total deposits
$36,491Interest-bearing deposits
$51,334Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$328Other borrowed funds
$0Subordinated debt
$104All other liabilities
$5,011Total equity capital
$5,011Total bank equity capital
$5,011Perpetual preferred stock
$0Common stock
$600Surplus
$2,800Undivided profits
Memoranda
$1,611Noncurrent loans and leases
$4,556Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$197Average Assets, year-to-date
$53,184Average Assets, quarterly
$97Volatile liabilities
$55,250Insider loans
$55,614FHLB advances
$5,297Loans and leases held for sale
$926Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$4,556Total unused commitments
$0Restructured Loans and leases
$226Derivatives
Income and Expense (December 31, 2006)
Dollar figures in thousands
$2,834Total interest income
$1,007Total interest expense
$1,827Net interest income
$4Provision for loan and lease losses
$453Total noninterest income
$0Fiduciary activities
$363Service charges on deposit accounts
$0Trading account gains & fees
$90Additional noninterest income
$1,507Total noninterest expense
$806Salaries and employee benefits
$125Premises and equipment expense
$576Additional noninterest expense
$769Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$769Income before extraordinary items
$0Extraordinary gains - net
$769Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$4Sale, conversion, retirement of capital stock, net
$505Net operating income
Performance and Condition Ratios (December 31, 2006)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.43%Yield on earning assets
1.93%Cost of funding earning assets
3.50%Net interest margin
0.87%Noninterest income to earning assets
2.89%Noninterest expense to earning assets
1.39%Net operating income to assets
1.39%Return on assets (ROA)
1.39%Pretax return on assets
15.98%Return on equity (ROE)
5.49%Retained earnings to average equity (YTD only)
0.03%Net charge-offs to loans
100.00%Credit loss provision to net charge-offs
193.25%Efficiency ratio
66,096Assets per employee
3.15%Cash dividends to net income (YTD only)
Condition Ratios (%)
65.67%Loss allowance to loans
4.73%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
22.37%Net loans and leases to core deposits
24.76%Equity capital to assets
8.83%Core capital (leverage) ratio
9.14%Tier 1 risk-based capital ratio
28.50%Total risk-based capital ratio
Memoranda
$30Average assets
$55,250Average earning assets
$4,813Average equity
$52,167Average loans
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