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

This bank is inactive as of Febuary 28, 1994

  • Corpus Christi National Bank in Corpus Christi, Texas (TX)
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Corpus Christi National Bank - Overview

  • General
  • FDIC Certificate #: 3151
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: NationsBank of Texas, National Association (#27306)
    Federal Reserve ID: 811859
    Date Established: September 26, 1890
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 7 (Interstate: No)
    FDIC's unique #: 2021
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: Febuary 28, 1994
    Last Structure Change Process Date: March 14, 1994
    Last Data Update: March 14, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 500 North Shoreline, 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)
  • History of Changes
  • Merger - Without Assistance
    Participated in Reorganization
    Corrections
  • Financial Summary
  • Total assets: $767.3 mil

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

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $293Total assets
  • $767,293Cash and due from depository institutions
  • $76,995Interest-bearing balances
  • $2,773Securities
  • $192,407Federal funds sold & reverse repurchase agreements
  • $223,930Net loans & leases
  • $252,429Loan loss allowance
  • $7,059Trading account assets
  • $0Bank premises and fixed assets
  • $7,995Other real estate owned
  • $2,372Goodwill and other intangibles
  • $10,539Life insurance assets
  • $626All other assets
  • $0Total liabilities and capital
  • $767,293Total liabilities
  • $705,400Total deposits
  • $522,763Interest-bearing deposits
  • $370,642Deposits held in domestic offices
  • 522763.00%% insured (estimated)
  • $74Federal funds purchased & repurchase agreements
  • $102,148Trading liabilities
  • $0Other borrowed funds
  • $74,239Subordinated debt
  • $0All other liabilities
  • $6,250Total equity capital
  • $6,250Total bank equity capital
  • $61,893Perpetual preferred stock
  • $0Common stock
  • $1,051Surplus
  • $20,030Undivided profits
  • Memoranda
  • $40,812Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,729Income earned, not collected on loans
  • $1,623Earning assets
  • $671,539Long-term assets (5+ years)
  • $20,486Average Assets, year-to-date
  • $724,507Average Assets, quarterly
  • $749,040Volatile liabilities
  • $231,954Insider loans
  • $19,441FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $42,670Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $61,267Total risk weighted assets
  • $335,485Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $38,048Total interest expense
  • $16,349Net interest income
  • $21,699Provision for loan and lease losses
  • $0Total noninterest income
  • $12,027Fiduciary activities
  • $0Service charges on deposit accounts
  • $3,478Trading account gains & fees
  • $17Additional noninterest income
  • $8,532Total noninterest expense
  • $20,808Salaries and employee benefits
  • $7,609Premises and equipment expense
  • $3,937Additional noninterest expense
  • $9,262Pre-tax net operating income
  • $12,918Securities gains (losses)
  • $0Applicable income taxes
  • $2,782Income before extraordinary items
  • $10,136Extraordinary gains - net
  • $990Net income attributable to bank
  • $11,126Net charge-offs
  • $242Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 6.13%Cost of funding earning assets
  • 2.63%Net interest margin
  • 3.49%Noninterest income to earning assets
  • 1.94%Noninterest expense to earning assets
  • 3.35%Net operating income to assets
  • 1.40%Return on assets (ROA)
  • 1.54%Pretax return on assets
  • 1.92%Return on equity (ROE)
  • 19.53%Retained earnings to average equity (YTD only)
  • 19.53%Net charge-offs to loans
  • 0.10%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 61,679Assets per employee
  • 2.62%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.72%Loss allowance to noncurrent loans
  • 258.67%Noncurrent assets plus other real estate owned to assets
  • 0.66%Noncurrent loans to loans
  • 1.05%Net loans and leases to deposits
  • 48.29%Net loans and leases to core deposits
  • 54.03%Equity capital to assets
  • 8.07%Core capital (leverage) ratio
  • 8.39%Tier 1 risk-based capital ratio
  • 18.26%Total risk-based capital ratio
  • Memoranda
  • $20Average assets
  • $724,507Average earning assets
  • $56,956Average equity
  • $621,059Average loans

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