Compass Bank in Houston, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 23, 1998

  • Compass Bank in Houston, Texas (TX)
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Compass Bank - Overview

  • General
  • FDIC Certificate #: 27419
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Compass Bank (#19048)
    Federal Reserve ID: 1359433
    Date Established: December 19, 1988
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 127 (Interstate: No)
    FDIC's unique #: 39889
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: Yes
    Date of Deposit Insurance: December 19, 1988
    Last Structure Change Effective Date: October 23, 1998
    Last Structure Change Process Date: Febuary 18, 1999
    Last Data Update: Febuary 18, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 24 Greenway Plaza, Houston, TX 77046
    County: Harris
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Atlanta
    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: $6,894.0 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 1,696Total employees (full-time equivalent)
  • $5,536,972Total assets
  • $284,639Cash and due from depository institutions
  • $1,059Interest-bearing balances
  • $1,705,915Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $3,284,049Net loans & leases
  • $45,771Loan loss allowance
  • $0Trading account assets
  • $125,881Bank premises and fixed assets
  • $1,631Other real estate owned
  • $72,099Goodwill and other intangibles
  • $0Life insurance assets
  • $62,758All other assets
  • $5,536,972Total liabilities and capital
  • $5,045,575Total liabilities
  • $4,585,449Total deposits
  • $3,514,160Interest-bearing deposits
  • $4,585,449Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $86,569Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $333,489Other borrowed funds
  • $2,000Subordinated debt
  • $38,068All other liabilities
  • $491,397Total equity capital
  • $491,397Total bank equity capital
  • $491,397Perpetual preferred stock
  • $0Common stock
  • $1,621Surplus
  • $314,107Undivided profits
  • Memoranda
  • $175,669Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $16,216Earning assets
  • $2,050Long-term assets (5+ years)
  • $33,657Average Assets, year-to-date
  • $4,991,023Average Assets, quarterly
  • $1,197,763Volatile liabilities
  • $5,113,932Insider loans
  • $5,308,142FHLB advances
  • $593,665Loans and leases held for sale
  • $48,230Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $15,552Total risk weighted assets
  • $1,222,433Total unused commitments
  • $0Restructured Loans and leases
  • $3,838,188Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $377,122Total interest income
  • $161,556Total interest expense
  • $215,566Net interest income
  • $11,158Provision for loan and lease losses
  • $63,386Total noninterest income
  • $7,928Fiduciary activities
  • $30,451Service charges on deposit accounts
  • $0Trading account gains & fees
  • $25,007Additional noninterest income
  • $162,369Total noninterest expense
  • $76,656Salaries and employee benefits
  • $22,067Premises and equipment expense
  • $63,646Additional noninterest expense
  • $105,425Pre-tax net operating income
  • $4,071Securities gains (losses)
  • $39,845Applicable income taxes
  • $69,651Income before extraordinary items
  • $0Extraordinary gains - net
  • $69,651Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $7,662Sale, conversion, retirement of capital stock, net
  • $5,210Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.22%Yield on earning assets
  • 3.52%Cost of funding earning assets
  • 4.70%Net interest margin
  • 1.38%Noninterest income to earning assets
  • 3.54%Noninterest expense to earning assets
  • 1.31%Net operating income to assets
  • 1.36%Return on assets (ROA)
  • 2.14%Pretax return on assets
  • 15.65%Return on equity (ROE)
  • 14.48%Retained earnings to average equity (YTD only)
  • 0.24%Net charge-offs to loans
  • 145.63%Credit loss provision to net charge-offs
  • 15.22%Efficiency ratio
  • 55,684Assets per employee
  • 3.26%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 7.48%Loss allowance to loans
  • 1.37%Loss allowance to noncurrent loans
  • 282.26%Noncurrent assets plus other real estate owned to assets
  • 0.32%Noncurrent loans to loans
  • 0.49%Net loans and leases to deposits
  • 71.62%Net loans and leases to core deposits
  • 79.68%Equity capital to assets
  • 8.87%Core capital (leverage) ratio
  • 7.99%Tier 1 risk-based capital ratio
  • 10.88%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $5,113,932Average earning assets
  • $444,925Average equity
  • $4,589,526Average loans

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