First Bank Pearland in city_name, state_name - Detailed Financial Reports, Location

First Bank Pearland in Pearland, Texas (TX)
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First Bank Pearland - Overview

General
FDIC Certificate #: 22328
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Merchants Bank (#20263)
Federal Reserve ID: 6365
Date Established: September 02, 1976
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 2 (Interstate: No)
FDIC's unique #: 15537
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: September 02, 1976
Last Structure Change Effective Date: January 01, 1996
Last Structure Change Process Date: March 15, 1996
Last Data Update: March 15, 1996
Data Source Date: April 05, 2012
Location
Address: 3102 East Broadway, Pearland, TX 77581
County: Brazoria
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): Brazoria, TX (#1145)
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: $54.5 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)
$26Total assets
$54,488Cash and due from depository institutions
$11,129Interest-bearing balances
$8,512Securities
$25,806Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$15,893Loan loss allowance
$130Trading account assets
$0Bank premises and fixed assets
$1,178Other real estate owned
$0Goodwill and other intangibles
$482Life insurance assets
$0All other assets
$0Total liabilities and capital
$54,488Total liabilities
$49,665Total deposits
$49,358Interest-bearing deposits
$36,786Deposits held in domestic offices
49358.00%% insured (estimated)
$98Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$307Total equity capital
$307Total bank equity capital
$4,823Perpetual preferred stock
$0Common stock
$521Surplus
$2,500Undivided profits
Memoranda
$1,802Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$42Income earned, not collected on loans
$74Earning assets
$50,211Long-term assets (5+ years)
$3,530Average Assets, year-to-date
$50,531Average Assets, quarterly
$52,942Volatile liabilities
$3,452Insider loans
$825FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$2,203Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$4,729Total risk weighted assets
$21,554Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$3,214Total interest expense
$1,172Net interest income
$2,042Provision for loan and lease losses
$30Total noninterest income
$705Fiduciary activities
$0Service charges on deposit accounts
$521Trading account gains & fees
$0Additional noninterest income
$184Total noninterest expense
$1,959Salaries and employee benefits
$795Premises and equipment expense
$283Additional noninterest expense
$881Pre-tax net operating income
$758Securities gains (losses)
$0Applicable income taxes
$222Income before extraordinary items
$536Extraordinary gains - net
$0Net income attributable to bank
$536Net charge-offs
$24Cash dividends
$0Sale, 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
6.94%Cost of funding earning assets
2.53%Net interest margin
4.41%Noninterest income to earning assets
1.52%Noninterest expense to earning assets
4.23%Net operating income to assets
1.06%Return on assets (ROA)
1.06%Pretax return on assets
1.50%Return on equity (ROE)
12.13%Retained earnings to average equity (YTD only)
12.13%Net charge-offs to loans
0.16%Credit loss provision to net charge-offs
125.00%Efficiency ratio
71,314Assets per employee
2.10%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.81%Loss allowance to noncurrent loans
309.52%Noncurrent assets plus other real estate owned to assets
0.08%Noncurrent loans to loans
0.26%Net loans and leases to deposits
32.20%Net loans and leases to core deposits
34.62%Equity capital to assets
8.85%Core capital (leverage) ratio
8.96%Tier 1 risk-based capital ratio
21.94%Total risk-based capital ratio
Memoranda
$23Average assets
$50,531Average earning assets
$4,420Average equity
$46,330Average loans

First Bank Pearland in Pearland, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Bank Pearland - Overview

Assets and Liabilities (December 31, 1995)

Income and Expense (December 31, 1995)

Performance and Condition Ratios (December 31, 1995)

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First Bank Pearland in Pearland, Texas (TX)Overview, Financial Summary, Detailed Financial Reports, Branches

First Bank Pearland - Overview

Assets and Liabilities (December 31, 1995)

Income and Expense (December 31, 1995)

Performance and Condition Ratios (December 31, 1995)

Comment about this bank, ask questions, or add new information about it:

First Bank Pearland in Pearland, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches