Spring National Bank in city_name, state_name - Detailed Financial Reports, Location

Spring National Bank in Spring, Texas (TX)
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Spring National Bank - Overview

General
FDIC Certificate #: 26233
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Compass Bank (#27419)
Federal Reserve ID: 265564
Date Established: May 15, 1985
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 3 (Interstate: No)
FDIC's unique #: 32570
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: May 15, 1985
Last Structure Change Effective Date: November 03, 1993
Last Structure Change Process Date: November 22, 1993
Last Data Update: November 22, 1993
Data Source Date: April 05, 2012
Location
Address: 1530 Spring Cypress Road, Spring, TX 77388
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: $72.6 mil

Assets and Liabilities (December 31, 1992)

Dollar figures in thousands
0Total employees (full-time equivalent)
$55Total assets
$76,786Cash and due from depository institutions
$5,134Interest-bearing balances
$99Securities
$4,463Federal funds sold & reverse repurchase agreements
$11,785Net loans & leases
$51,256Loan loss allowance
$525Trading account assets
$0Bank premises and fixed assets
$2,546Other real estate owned
$519Goodwill and other intangibles
$1,078Life insurance assets
$5All other assets
$0Total liabilities and capital
$76,786Total liabilities
$71,593Total deposits
$70,974Interest-bearing deposits
$49,131Deposits held in domestic offices
70974.00%% insured (estimated)
$88Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$67Subordinated debt
$30All other liabilities
$522Total equity capital
$522Total bank equity capital
$5,193Perpetual preferred stock
$0Common stock
$1,968Surplus
$2,115Undivided profits
Memoranda
$1,110Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$218Income earned, not collected on loans
$307Earning assets
$67,603Long-term assets (5+ years)
$1,244Average Assets, year-to-date
$74,043Average Assets, quarterly
$74,030Volatile liabilities
$12,646Insider loans
$5,350FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$13,672Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$5,188Total risk weighted assets
$52,324Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1992)

Dollar figures in thousands
$0Total interest income
$5,892Total interest expense
$2,007Net interest income
$3,885Provision for loan and lease losses
$276Total noninterest income
$814Fiduciary activities
$0Service charges on deposit accounts
$645Trading account gains & fees
$0Additional noninterest income
$169Total noninterest expense
$3,507Salaries and employee benefits
$1,633Premises and equipment expense
$542Additional noninterest expense
$1,332Pre-tax net operating income
$916Securities gains (losses)
$29Applicable income taxes
$320Income before extraordinary items
$625Extraordinary gains - net
$0Net income attributable to bank
$625Net charge-offs
$161Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1992)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
9.00%Cost of funding earning assets
3.07%Net interest margin
5.94%Noninterest income to earning assets
1.24%Noninterest expense to earning assets
5.36%Net operating income to assets
0.82%Return on assets (ROA)
0.84%Pretax return on assets
1.28%Return on equity (ROE)
12.88%Retained earnings to average equity (YTD only)
12.88%Net charge-offs to loans
0.31%Credit loss provision to net charge-offs
171.43%Efficiency ratio
74,505Assets per employee
1.40%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.01%Loss allowance to noncurrent loans
240.83%Noncurrent assets plus other real estate owned to assets
0.96%Noncurrent loans to loans
0.42%Net loans and leases to deposits
72.22%Net loans and leases to core deposits
87.77%Equity capital to assets
6.76%Core capital (leverage) ratio
7.06%Tier 1 risk-based capital ratio
9.92%Total risk-based capital ratio
Memoranda
$11Average assets
$74,043Average earning assets
$4,854Average equity
$65,452Average loans

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

Spring National Bank - Overview

Assets and Liabilities (December 31, 1992)

Income and Expense (December 31, 1992)

Performance and Condition Ratios (December 31, 1992)

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

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

Spring National Bank - Overview

Assets and Liabilities (December 31, 1992)

Income and Expense (December 31, 1992)

Performance and Condition Ratios (December 31, 1992)

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

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