La Porte State Bank in La Porte, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 17, 1995

  • La Porte State Bank in La Porte, Texas (TX)
  • Show street view No street view available for this location

La Porte State Bank - Overview

  • General
  • FDIC Certificate #: 20813
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Charter National Bank - Houston (#18755)
    Federal Reserve ID: 624657
    Date Established: September 27, 1972
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    FDIC's unique #: 14379
    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: September 27, 1972
    Last Structure Change Effective Date: November 17, 1995
    Last Structure Change Process Date: December 07, 1995
    Last Data Update: October 26, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 815 Highway 146 South, La Porte, TX 77571
    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
    Corrections
  • Financial Summary
  • Total assets: $34.8 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $21Total assets
  • $33,923Cash and due from depository institutions
  • $2,623Interest-bearing balances
  • $100Securities
  • $16,330Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $13,643Loan loss allowance
  • $203Trading account assets
  • $0Bank premises and fixed assets
  • $548Other real estate owned
  • $326Goodwill and other intangibles
  • $453Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $33,923Total liabilities
  • $31,751Total deposits
  • $31,380Interest-bearing deposits
  • $22,872Deposits held in domestic offices
  • 31380.00%% insured (estimated)
  • $94Federal funds purchased & repurchase agreements
  • $150Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $221Total equity capital
  • $221Total bank equity capital
  • $2,172Perpetual preferred stock
  • $0Common stock
  • $486Surplus
  • $1,412Undivided profits
  • Memoranda
  • $274Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $237Income earned, not collected on loans
  • $81Earning assets
  • $30,073Long-term assets (5+ years)
  • $5,285Average Assets, year-to-date
  • $33,715Average Assets, quarterly
  • $34,047Volatile liabilities
  • $2,191Insider loans
  • $657FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $2,145Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $2,367Total risk weighted assets
  • $16,099Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $2,101Total interest expense
  • $690Net interest income
  • $1,411Provision for loan and lease losses
  • $30Total noninterest income
  • $505Fiduciary activities
  • $0Service charges on deposit accounts
  • $344Trading account gains & fees
  • $0Additional noninterest income
  • $161Total noninterest expense
  • $1,749Salaries and employee benefits
  • $706Premises and equipment expense
  • $190Additional noninterest expense
  • $853Pre-tax net operating income
  • $137Securities gains (losses)
  • $0Applicable income taxes
  • $27Income before extraordinary items
  • $110Extraordinary gains - net
  • $0Net income attributable to bank
  • $110Net charge-offs
  • $29Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $374Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.06%Cost of funding earning assets
  • 2.32%Net interest margin
  • 4.74%Noninterest income to earning assets
  • 1.70%Noninterest expense to earning assets
  • 5.88%Net operating income to assets
  • 0.33%Return on assets (ROA)
  • 0.33%Pretax return on assets
  • 0.41%Return on equity (ROE)
  • 5.68%Retained earnings to average equity (YTD only)
  • 5.68%Net charge-offs to loans
  • 0.22%Credit loss provision to net charge-offs
  • 103.45%Efficiency ratio
  • 91,284Assets per employee
  • 1.62%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.47%Loss allowance to noncurrent loans
  • 85.65%Noncurrent assets plus other real estate owned to assets
  • 1.66%Noncurrent loans to loans
  • 1.71%Net loans and leases to deposits
  • 43.48%Net loans and leases to core deposits
  • 46.50%Equity capital to assets
  • 6.40%Core capital (leverage) ratio
  • 6.90%Tier 1 risk-based capital ratio
  • 14.70%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $33,715Average earning assets
  • $1,937Average equity
  • $29,767Average loans

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