Kermit State Bank

Status:Inactive as of 12/11/2000
 Merger - Without Assistance
Successor Bank:Cathay Bank
Headquarters:Kermit State Bank
10375 Richmond Avenue, Suite 1600
Houston, TX 77042
Established:05/01/1944
FDIC Insurance:05/01/1944
FDIC Cert:#16150
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$58,229,000
Total Deposits:$49,055,000

History

1944-05-01Institution established: Original name:Kermit State Bank
2000-12-08Moved bank headquarters from KERMIT, TX to HOUSTON, TX
2000-12-11Merged into and subsequently operated as part of Cathay Bank (18503) in LOS ANGELES, CA
2003-05-27Acquired CITIC Ka Wah Bank Limited (33647) in NEW YORK CITY, NY
2003-10-20Acquired General Bank (23083) in LOS ANGELES, CA
2006-05-15Acquired Great Eastern Bank (26673) in NEW YORK, NY
2006-10-18Acquired New Asia Bank (27034) in CHICAGO, IL
2007-03-30Acquired United Heritage Bank (34417) in EDISON, NJ
2015-08-01Acquired Asia Bank, National Association (25745) in FLUSHING, NY
2017-10-27Acquired Far East National Bank (21851) in LOS ANGELES, CA

Financial Information (1999-12-31 and Older)