FDIC Certificate #: 15497 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Wells Fargo Bank Texas, National Association (#14533) Federal Reserve ID: 224758 Date Established: April 24, 1909 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 3 (Interstate: No) FDIC's unique #: 9799 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: May 25, 1937 Last Structure Change Effective Date: June 20, 1998 Last Structure Change Process Date: July 09, 1998 Last Data Update: July 09, 1998 Data Source Date: April 05, 2012
Location
Address: 201 West Rock Island, Boyd, TX 76023 County: Wise Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Kansas City FDIC Field Office: Dallas Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: West Combined Statistical Area (CSA): Dallas-Fort Worth, TX (#206) Core Based Statistical Area (CBSA): Dallas-Fort Worth-Arlington, TX (#19100) CBSA Metro Statistical Area: Dallas-Fort Worth-Arlington, TX (#19100) Core Based Statistical Division: Fort Worth-Arlington, TX (#23104)
Financial Summary
Total assets: $140.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
58Total employees (full-time equivalent)
$139,061Total assets
$5,140Cash and due from depository institutions
$0Interest-bearing balances
$50,170Securities
$22,700Federal funds sold & reverse repurchase agreements
$48,327Net loans & leases
$1,137Loan loss allowance
$0Trading account assets
$663Bank premises and fixed assets
$123Other real estate owned
$9,630Goodwill and other intangibles
$0Life insurance assets
$2,308All other assets
$139,061Total liabilities and capital
$119,176Total liabilities
$115,857Total deposits
$102,366Interest-bearing deposits
$115,857Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$3,319All other liabilities
$19,885Total equity capital
$19,885Total bank equity capital
$19,885Perpetual preferred stock
$0Common stock
$150Surplus
$19,448Undivided profits
Memoranda
$287Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$114Earning assets
$0Long-term assets (5+ years)
$556Average Assets, year-to-date
$121,197Average Assets, quarterly
$780Volatile liabilities
$127,184Insider loans
$132,246FHLB advances
$15,510Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$2,053Total unused commitments
$0Restructured Loans and leases
$60,595Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$1,363Total interest income
$607Total interest expense
$756Net interest income
$0Provision for loan and lease losses
$128Total noninterest income
$0Fiduciary activities
$101Service charges on deposit accounts
$0Trading account gains & fees
$27Additional noninterest income
$518Total noninterest expense
$189Salaries and employee benefits
$90Premises and equipment expense
$239Additional noninterest expense
$366Pre-tax net operating income
$0Securities gains (losses)
$119Applicable income taxes
$247Income before extraordinary items
$0Extraordinary gains - net
$247Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$27Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
1.16%Yield on earning assets
0.52%Cost of funding earning assets
0.64%Net interest margin
0.11%Noninterest income to earning assets
0.44%Noninterest expense to earning assets
0.19%Net operating income to assets
0.19%Return on assets (ROA)
0.29%Pretax return on assets
1.78%Return on equity (ROE)
1.78%Retained earnings to average equity (YTD only)
0.05%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
13.56%Efficiency ratio
52,489Assets per employee
2.40%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.30%Loss allowance to noncurrent loans
997.37%Noncurrent assets plus other real estate owned to assets
0.17%Noncurrent loans to loans
0.23%Net loans and leases to deposits
41.71%Net loans and leases to core deposits
48.16%Equity capital to assets
14.30%Core capital (leverage) ratio
7.89%Tier 1 risk-based capital ratio
16.86%Total risk-based capital ratio
Memoranda
$18Average assets
$127,184Average earning assets
$13,910Average equity
$117,332Average loans
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