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

This bank is inactive as of August 01, 1997

  • Pinemont Bank in Houston, Texas (TX)
  • Show street view No street view available for this location

Pinemont Bank - Overview

  • General
  • FDIC Certificate #: 18154
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Amegy Bank National Association (#24107)
    Federal Reserve ID: 692852
    Date Established: Febuary 19, 1960
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 7 (Interstate: No)
    OTS Docket #: 9963
    FDIC's unique #: 12075
    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: Febuary 19, 1960
    Last Structure Change Effective Date: August 01, 1997
    Last Structure Change Process Date: August 18, 1997
    Last Data Update: August 18, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 12130 Hempstead Highway, Houston, TX 77092
    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)
  • Financial Summary
  • Total assets: $240.1 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $119Total assets
  • $227,642Cash and due from depository institutions
  • $25,998Interest-bearing balances
  • $14,348Securities
  • $56,181Federal funds sold & reverse repurchase agreements
  • $4,177Net loans & leases
  • $129,009Loan loss allowance
  • $1,377Trading account assets
  • $0Bank premises and fixed assets
  • $8,374Other real estate owned
  • $0Goodwill and other intangibles
  • $2,131Life insurance assets
  • $1,772All other assets
  • $0Total liabilities and capital
  • $227,642Total liabilities
  • $208,896Total deposits
  • $207,988Interest-bearing deposits
  • $143,380Deposits held in domestic offices
  • 207988.00%% insured (estimated)
  • $80Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $908Total equity capital
  • $908Total bank equity capital
  • $18,746Perpetual preferred stock
  • $0Common stock
  • $1,850Surplus
  • $10,325Undivided profits
  • Memoranda
  • $6,571Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $660Income earned, not collected on loans
  • $538Earning assets
  • $203,715Long-term assets (5+ years)
  • $9,313Average Assets, year-to-date
  • $200,311Average Assets, quarterly
  • $217,576Volatile liabilities
  • $33,350Insider loans
  • $909FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $29,352Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $17,237Total risk weighted assets
  • $152,233Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $14,808Total interest expense
  • $5,003Net interest income
  • $9,805Provision for loan and lease losses
  • $420Total noninterest income
  • $1,966Fiduciary activities
  • $0Service charges on deposit accounts
  • $1,581Trading account gains & fees
  • $0Additional noninterest income
  • $385Total noninterest expense
  • $8,242Salaries and employee benefits
  • $4,659Premises and equipment expense
  • $1,424Additional noninterest expense
  • $2,159Pre-tax net operating income
  • $3,109Securities gains (losses)
  • $0Applicable income taxes
  • $1,052Income before extraordinary items
  • $2,057Extraordinary gains - net
  • $0Net income attributable to bank
  • $2,057Net charge-offs
  • $146Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $3,275Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.26%Cost of funding earning assets
  • 2.79%Net interest margin
  • 5.47%Noninterest income to earning assets
  • 1.10%Noninterest expense to earning assets
  • 4.60%Net operating income to assets
  • 1.03%Return on assets (ROA)
  • 1.03%Pretax return on assets
  • 1.55%Return on equity (ROE)
  • 12.64%Retained earnings to average equity (YTD only)
  • 12.64%Net charge-offs to loans
  • 0.13%Credit loss provision to net charge-offs
  • 287.67%Efficiency ratio
  • 68,898Assets per employee
  • 1.91%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.06%Loss allowance to noncurrent loans
  • 208.64%Noncurrent assets plus other real estate owned to assets
  • 0.29%Noncurrent loans to loans
  • 0.51%Net loans and leases to deposits
  • 62.03%Net loans and leases to core deposits
  • 73.87%Equity capital to assets
  • 8.23%Core capital (leverage) ratio
  • 7.95%Tier 1 risk-based capital ratio
  • 11.32%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $200,311Average earning assets
  • $16,268Average equity
  • $179,226Average loans

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