The Commonwealth Bank

Status:Inactive as of 04/12/1989
 Absorption - Assisted
Successor Bank:Park National Bank of Houston
Headquarters:The Commonwealth Bank
6750 West Loop South
Bellaire, TX 77401
Established:10/23/1975
FDIC Insurance:10/23/1975
FDIC Cert:#22151
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$65,781,000
Total Deposits:$57,210,000

History

1975-10-23Institution established: Original name:The Commonwealth Bank of Houston
1975-10-23Acquired Astro Bank (20523) in HOUSTON, TX
1978-07-17Moved bank headquarters from HOUSTON, TX to BELLAIRE, TX
1978-10-06Changed name to The Commonwealth Bank
1989-04-12Failed. Acquired with government financial assistance and subsequently operated as part of Park National Bank of Houston (25757)
1996-02-15Reorganized.
1996-06-07Merged into and subsequently operated as part of The Frost National Bank (5510) in SAN ANTONIO, TX
1997-03-07Acquired Citizens State Bank of Corpus Christi (16295) in CORPUS CHRISTI, TX
1998-01-02Acquired Harrisburg Bank, Houston, Texas (3261) in HOUSTON, TX
1998-05-29Acquired Overton Bank and Trust, National Association (22650) in FORT WORTH, TX
1999-01-14Acquired Keller State Bank (20469) in KELLER, TX
1999-05-20Acquired Bank of Commerce (15795) in FORT WORTH, TX
2000-05-26Acquired United States National Bank of Galveston (3212) in GALVESTON, TX
2005-10-07Acquired Horizon Capital Bank (18929) in HOUSTON, TX
2006-02-09Acquired Texas Community Bank and Trust, National Association (25296) in DALLAS, TX
2006-06-23Acquired Alamo Bank of Texas (10361) in ALAMO, TX
2006-12-08Acquired Summit Bank, National Association (21881) in FORT WORTH, TX
2012-06-22Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2012-06-22Changed name to Frost Bank (5510)
2012-06-22Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD
2012-10-25Reorganized.
2014-06-21Acquired Western National Bank (22482) in ODESSA, TX