Fidelity Bank & Trust, National Association in city_name, state_name

Fidelity Bank & Trust, National Association in Fort Worth, Texas (TX)
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Fidelity Bank & Trust, National Association - Overview

General
FDIC Certificate #: 27348
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Wells Fargo Bank Texas, National Association (#14533)
Federal Reserve ID: 1218567
Date Established: October 05, 1988
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)
OTS Docket #: 9594
FDIC's unique #: 39622
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: October 05, 1988
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: 100 Main Street, Fort Worth, TX 76113
County: Tarrant
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
Metropolitan Statistical Area (MSA): Fort Worth-Arlington, TX (#2800)
Consolidated Metropolitan Statistical Area (CMSA): Dallas-Fort Worth, TX (#31)
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: $110.9 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
42Total employees (full-time equivalent)
$104,242Total assets
$3,155Cash and due from depository institutions
$82Interest-bearing balances
$18,481Securities
$15,453Federal funds sold & reverse repurchase agreements
$64,949Net loans & leases
$1,161Loan loss allowance
$0Trading account assets
$908Bank premises and fixed assets
$106Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,190All other assets
$104,242Total liabilities and capital
$92,999Total liabilities
$89,316Total deposits
$73,901Interest-bearing deposits
$89,316Deposits held in domestic offices
0.00%% insured (estimated)
$2,415Federal funds purchased & repurchase agreements
$0Trading liabilities
$716Other borrowed funds
$0Subordinated debt
$552All other liabilities
$11,243Total equity capital
$11,243Total bank equity capital
$11,243Perpetual preferred stock
$0Common stock
$500Surplus
$7,500Undivided profits
Memoranda
$3,243Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,731Earning assets
$0Long-term assets (5+ years)
$447Average Assets, year-to-date
$98,965Average Assets, quarterly
$9,934Volatile liabilities
$108,344Insider loans
$109,081FHLB advances
$25,204Loans and leases held for sale
$1,122Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$22,015Total unused commitments
$0Restructured Loans and leases
$63,749Derivatives

Income and Expense (December 31, 1997)

Dollar figures in thousands
$8,752Total interest income
$3,826Total interest expense
$4,926Net interest income
$120Provision for loan and lease losses
$2,813Total noninterest income
$0Fiduciary activities
$343Service charges on deposit accounts
$0Trading account gains & fees
$2,470Additional noninterest income
$4,041Total noninterest expense
$1,828Salaries and employee benefits
$647Premises and equipment expense
$1,566Additional noninterest expense
$3,578Pre-tax net operating income
$8Securities gains (losses)
$1,025Applicable income taxes
$2,561Income before extraordinary items
$0Extraordinary gains - net
$2,561Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$27Sale, conversion, retirement of capital stock, net
$200Net operating income

Performance and Condition Ratios (December 31, 1997)

Dollar figures in thousands
Performance Ratios (%, annualized)
8.69%Yield on earning assets
3.80%Cost of funding earning assets
4.89%Net interest margin
2.79%Noninterest income to earning assets
4.01%Noninterest expense to earning assets
2.36%Net operating income to assets
2.36%Return on assets (ROA)
3.31%Pretax return on assets
26.01%Return on equity (ROE)
23.98%Retained earnings to average equity (YTD only)
-0.04%Net charge-offs to loans
-444.44%Credit loss provision to net charge-offs
0.00%Efficiency ratio
52,216Assets per employee
2.48%Cash dividends to net income (YTD only)
Condition Ratios (%)
7.81%Loss allowance to loans
1.76%Loss allowance to noncurrent loans
67.07%Noncurrent assets plus other real estate owned to assets
1.76%Noncurrent loans to loans
2.62%Net loans and leases to deposits
72.72%Net loans and leases to core deposits
96.59%Equity capital to assets
10.79%Core capital (leverage) ratio
10.34%Tier 1 risk-based capital ratio
17.65%Total risk-based capital ratio
Memoranda
$19Average assets
$108,344Average earning assets
$9,844Average equity
$100,719Average loans

Fidelity Bank & Trust, National Association in Fort Worth, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

Fidelity Bank & Trust, National Association - Overview

Assets and Liabilities (December 31, 1997)

Income and Expense (December 31, 1997)

Performance and Condition Ratios (December 31, 1997)

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

Fidelity Bank & Trust, National Association in Fort Worth, Texas (TX)Overview, Financial Summary, Detailed Financial Reports, Branches

Fidelity Bank & Trust, National Association - Overview

Assets and Liabilities (December 31, 1997)

Income and Expense (December 31, 1997)

Performance and Condition Ratios (December 31, 1997)

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

Fidelity Bank & Trust, National Association in Fort Worth, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches