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

This bank is inactive as of October 07, 2005

  • Horizon Capital Bank in Houston, Texas (TX)
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Horizon Capital Bank - Overview

  • General
  • FDIC Certificate #: 18929
    Status: Inactive
    Closing history: Participated in Reorganization
    Acquiring institution: The Frost National Bank (#5510)
    Federal Reserve ID: 286466
    Date Established: November 08, 1963
    WWW: http://www.go2horizon.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 6 (Interstate: No)
    OTS Docket #: 14368
    FDIC's unique #: 12776
    Numeric code: 21
    Regulator: FDIC
    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: November 08, 1963
    Last Structure Change Effective Date: October 07, 2005
    Last Structure Change Process Date: Febuary 15, 2006
    Last Data Update: Febuary 15, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 1021 Main Street, Houston, TX 77002
    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
    Participated in Reorganization
  • Financial Summary
  • Total assets: $408.9 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, 2004)

  • Dollar figures in thousands
  • 104Total employees (full-time equivalent)
  • $380,030Total assets
  • $30,725Cash and due from depository institutions
  • $4,003Interest-bearing balances
  • $24,019Securities
  • $18,223Federal funds sold & reverse repurchase agreements
  • $294,514Net loans & leases
  • $2,975Loan loss allowance
  • $0Trading account assets
  • $6,448Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $6,101All other assets
  • $380,030Total liabilities and capital
  • $345,988Total liabilities
  • $283,904Total deposits
  • $182,696Interest-bearing deposits
  • $283,904Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $3,759Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $57,000Other borrowed funds
  • $0Subordinated debt
  • $1,325All other liabilities
  • $34,042Total equity capital
  • $34,042Total bank equity capital
  • $34,042Perpetual preferred stock
  • $0Common stock
  • $4,125Surplus
  • $20,748Undivided profits
  • Memoranda
  • $9,169Noncurrent loans and leases
  • $81,259Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $406Earning assets
  • $0Long-term assets (5+ years)
  • $1,204Average Assets, year-to-date
  • $340,759Average Assets, quarterly
  • $52,742Volatile liabilities
  • $373,113Insider loans
  • $389,092FHLB advances
  • $56,464Loans and leases held for sale
  • $9,831Unused loan commitments
  • $56,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $81,259Total unused commitments
  • $0Restructured Loans and leases
  • $2,975Derivatives

Income and Expense (December 31, 2004)

  • Dollar figures in thousands
  • $19,263Total interest income
  • $4,646Total interest expense
  • $14,617Net interest income
  • $555Provision for loan and lease losses
  • $1,370Total noninterest income
  • $0Fiduciary activities
  • $1,016Service charges on deposit accounts
  • $0Trading account gains & fees
  • $354Additional noninterest income
  • $10,485Total noninterest expense
  • $6,413Salaries and employee benefits
  • $1,303Premises and equipment expense
  • $2,769Additional noninterest expense
  • $4,947Pre-tax net operating income
  • $0Securities gains (losses)
  • $1,600Applicable income taxes
  • $3,347Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,347Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $280Sale, conversion, retirement of capital stock, net
  • $825Net operating income

Performance and Condition Ratios (December 31, 2004)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.63%Yield on earning assets
  • 1.36%Cost of funding earning assets
  • 4.27%Net interest margin
  • 0.40%Noninterest income to earning assets
  • 3.07%Noninterest expense to earning assets
  • 0.90%Net operating income to assets
  • 0.90%Return on assets (ROA)
  • 1.33%Pretax return on assets
  • 10.28%Return on equity (ROE)
  • 7.75%Retained earnings to average equity (YTD only)
  • 0.10%Net charge-offs to loans
  • 198.21%Credit loss provision to net charge-offs
  • 19.65%Efficiency ratio
  • 65,585Assets per employee
  • 3.65%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 24.65%Loss allowance to loans
  • 1.00%Loss allowance to noncurrent loans
  • 732.76%Noncurrent assets plus other real estate owned to assets
  • 0.11%Noncurrent loans to loans
  • 0.14%Net loans and leases to deposits
  • 103.74%Net loans and leases to core deposits
  • 117.71%Equity capital to assets
  • 8.96%Core capital (leverage) ratio
  • 8.67%Tier 1 risk-based capital ratio
  • 11.82%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $373,113Average earning assets
  • $32,551Average equity
  • $341,936Average loans

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