FDIC Certificate #: 16236 Status: Inactive Closing history: Consolidated - Without Assistance Acquiring institution:Wells Fargo Bank Texas, National Association (#14533) Federal Reserve ID: 439253 Date Established: May 12, 1912 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 13 (Interstate: No) OTS Docket #: 12195 FDIC's unique #: 10432 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: Febuary 16, 1945 Last Structure Change Effective Date: June 19, 1999 Last Structure Change Process Date: June 30, 1999 Last Data Update: June 30, 1999 Data Source Date: April 05, 2012
Location
Address: 5622 Third Street, Katy, TX 77493 County: Harris Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: San Francisco FDIC Field Office: Houston Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): Houston, TX (#3360) Consolidated Metropolitan Statistical Area (CMSA): Houston-Galveston-Brazoria, TX (#42) Combined Statistical Area (CSA): Houston-Baytown-Huntsville, TX (#288) Core Based Statistical Area (CBSA): Houston-Sugar Land-Baytown, TX (#26420) CBSA Metro Statistical Area: Houston-Sugar Land-Baytown, TX (#26420)
Financial Summary
Total assets: $288.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
125Total employees (full-time equivalent)
$297,561Total assets
$22,078Cash and due from depository institutions
$1,093Interest-bearing balances
$66,868Securities
$85,700Federal funds sold & reverse repurchase agreements
$111,772Net loans & leases
$5,046Loan loss allowance
$0Trading account assets
$3,837Bank premises and fixed assets
$197Other real estate owned
$1,566Goodwill and other intangibles
$0Life insurance assets
$5,543All other assets
$297,561Total liabilities and capital
$271,558Total liabilities
$265,003Total deposits
$200,032Interest-bearing deposits
$265,003Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$6,555All other liabilities
$26,003Total equity capital
$26,003Total bank equity capital
$26,003Perpetual preferred stock
$0Common stock
$1,783Surplus
$9,774Undivided profits
Memoranda
$14,446Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$695Earning assets
$0Long-term assets (5+ years)
$1,058Average Assets, year-to-date
$265,433Average Assets, quarterly
$22,113Volatile liabilities
$308,068Insider loans
$294,014FHLB advances
$22,891Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$4,561Total unused commitments
$0Restructured Loans and leases
$121,171Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$20,008Total interest income
$7,551Total interest expense
$12,457Net interest income
$3,838Provision for loan and lease losses
$2,823Total noninterest income
$0Fiduciary activities
$1,893Service charges on deposit accounts
$0Trading account gains & fees
$930Additional noninterest income
$17,038Total noninterest expense
$4,990Salaries and employee benefits
$1,608Premises and equipment expense
$10,440Additional noninterest expense
-$5,596Pre-tax net operating income
-$259Securities gains (losses)
-$1,292Applicable income taxes
-$4,563Income before extraordinary items
$0Extraordinary gains - net
-$4,563Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$95Sale, conversion, retirement of capital stock, net
$527Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.23%Yield on earning assets
2.73%Cost of funding earning assets
4.50%Net interest margin
1.02%Noninterest income to earning assets
6.16%Noninterest expense to earning assets
-1.42%Net operating income to assets
-1.48%Return on assets (ROA)
-1.90%Pretax return on assets
-16.48%Return on equity (ROE)
-18.39%Retained earnings to average equity (YTD only)
0.08%Net charge-offs to loans
4040.00%Credit loss provision to net charge-offs
-18.51%Efficiency ratio
104,522Assets per employee
2.38%Cash dividends to net income (YTD only)
Condition Ratios (%)
-11.55%Loss allowance to loans
4.32%Loss allowance to noncurrent loans
726.04%Noncurrent assets plus other real estate owned to assets
0.30%Noncurrent loans to loans
0.59%Net loans and leases to deposits
42.18%Net loans and leases to core deposits
46.17%Equity capital to assets
8.74%Core capital (leverage) ratio
8.35%Tier 1 risk-based capital ratio
19.92%Total risk-based capital ratio
Memoranda
$21Average assets
$308,068Average earning assets
$27,686Average equity
$276,588Average loans
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