Texas Commerce Bank-Midland, National Association in Midland, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 13, 1993

  • Texas Commerce Bank-Midland, National Association in Midland, Texas (TX)
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Texas Commerce Bank-Midland, National Association - Overview

  • General
  • FDIC Certificate #: 25728
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Chase Bank of Texas, National Association (#3263)
    Federal Reserve ID: 508654
    Date Established: July 23, 1984
    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 #: 17601
    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: July 23, 1984
    Last Structure Change Effective Date: November 13, 1993
    Last Structure Change Process Date: December 27, 1993
    Last Data Update: January 10, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 400 West Illinois Avenue, Midland, TX 79702
    County: Midland
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Lubbock
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Odessa-Midland, TX (#5800)
    Combined Statistical Area (CSA): Midland-Odessa, TX (#372)
    Core Based Statistical Area (CBSA): Midland, TX (#33260)
    CBSA Metro Statistical Area: Midland, TX (#33260)
  • History of Changes
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $182.5 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $55Total assets
  • $169,944Cash and due from depository institutions
  • $8,853Interest-bearing balances
  • $0Securities
  • $364Federal funds sold & reverse repurchase agreements
  • $77,545Net loans & leases
  • $75,255Loan loss allowance
  • $3,431Trading account assets
  • $0Bank premises and fixed assets
  • $2,975Other real estate owned
  • $0Goodwill and other intangibles
  • $1,298Life insurance assets
  • $3,654All other assets
  • $0Total liabilities and capital
  • $169,944Total liabilities
  • $157,257Total deposits
  • $150,231Interest-bearing deposits
  • $107,787Deposits held in domestic offices
  • 150231.00%% insured (estimated)
  • $77Federal funds purchased & repurchase agreements
  • $1,450Trading liabilities
  • $0Other borrowed funds
  • $3,258Subordinated debt
  • $0All other liabilities
  • $2,318Total equity capital
  • $2,318Total bank equity capital
  • $12,687Perpetual preferred stock
  • $0Common stock
  • $3,900Surplus
  • $8,237Undivided profits
  • Memoranda
  • $550Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $5,711Income earned, not collected on loans
  • $559Earning assets
  • $153,164Long-term assets (5+ years)
  • $4,378Average Assets, year-to-date
  • $184,342Average Assets, quarterly
  • $169,956Volatile liabilities
  • $25,006Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $21,348Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $9,033Total risk weighted assets
  • $95,698Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $9,632Total interest expense
  • $4,420Net interest income
  • $5,212Provision for loan and lease losses
  • $2,400Total noninterest income
  • $2,000Fiduciary activities
  • $260Service charges on deposit accounts
  • $1,150Trading account gains & fees
  • $0Additional noninterest income
  • $590Total noninterest expense
  • $6,302Salaries and employee benefits
  • $1,916Premises and equipment expense
  • $964Additional noninterest expense
  • $3,422Pre-tax net operating income
  • -$1,490Securities gains (losses)
  • $0Applicable income taxes
  • -$491Income before extraordinary items
  • -$999Extraordinary gains - net
  • $0Net income attributable to bank
  • -$999Net charge-offs
  • $1,116Cash 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
  • 5.88%Cost of funding earning assets
  • 2.70%Net interest margin
  • 3.18%Noninterest income to earning assets
  • 1.22%Noninterest expense to earning assets
  • 3.84%Net operating income to assets
  • -0.54%Return on assets (ROA)
  • -0.54%Pretax return on assets
  • -0.81%Return on equity (ROE)
  • -7.52%Retained earnings to average equity (YTD only)
  • -7.52%Net charge-offs to loans
  • 1.29%Credit loss provision to net charge-offs
  • 215.05%Efficiency ratio
  • 74,473Assets per employee
  • 3.09%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 4.36%Loss allowance to noncurrent loans
  • 60.08%Noncurrent assets plus other real estate owned to assets
  • 3.36%Noncurrent loans to loans
  • 7.26%Net loans and leases to deposits
  • 50.09%Net loans and leases to core deposits
  • 57.92%Equity capital to assets
  • 7.47%Core capital (leverage) ratio
  • 5.68%Tier 1 risk-based capital ratio
  • 9.44%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $184,342Average earning assets
  • $13,288Average equity
  • $163,903Average loans

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