First Northwestern Bank, National Association in city_name, state_name

First Northwestern Bank, National Association in Houston, Texas (TX)
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First Northwestern Bank, National Association - Overview

General
FDIC Certificate #: 25160
Status: Inactive
Closing history: Corrections
Acquiring institution: Prime Bank (#17835)
Federal Reserve ID: 848855
Date Established: May 15, 1984
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 2 (Interstate: No)
FDIC's unique #: 17409
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: May 15, 1984
Last Structure Change Effective Date: Febuary 28, 1997
Last Structure Change Process Date: March 27, 1997
Last Data Update: March 27, 1997
Data Source Date: April 05, 2012
Location
Address: 12200 Northwest Freeway, Houston, TX 77092
County: Harris
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
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)
History of Changes
Merger - Without Assistance
Participated in Reorganization
Corrections
Financial Summary
Total assets: $65.6 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

Dollar figures in thousands
0Total employees (full-time equivalent)
$30Total assets
$65,564Cash and due from depository institutions
$4,383Interest-bearing balances
$199Securities
$9,605Federal funds sold & reverse repurchase agreements
$7,475Net loans & leases
$41,499Loan loss allowance
$473Trading account assets
$0Bank premises and fixed assets
$1,634Other real estate owned
$524Goodwill and other intangibles
$444Life insurance assets
$0All other assets
$0Total liabilities and capital
$65,564Total liabilities
$59,614Total deposits
$59,327Interest-bearing deposits
$38,189Deposits held in domestic offices
59327.00%% insured (estimated)
$87Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$287Total equity capital
$287Total bank equity capital
$5,950Perpetual preferred stock
$0Common stock
$1,963Surplus
$2,032Undivided profits
Memoranda
$1,955Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,040Income earned, not collected on loans
$244Earning assets
$58,778Long-term assets (5+ years)
$2,300Average Assets, year-to-date
$62,314Average Assets, quarterly
$64,088Volatile liabilities
$9,852Insider loans
$3,417FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$4,436Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$5,957Total risk weighted assets
$44,363Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$5,167Total interest expense
$1,581Net interest income
$3,586Provision for loan and lease losses
$110Total noninterest income
$670Fiduciary activities
$0Service charges on deposit accounts
$565Trading account gains & fees
$0Additional noninterest income
$105Total noninterest expense
$2,909Salaries and employee benefits
$1,421Premises and equipment expense
$368Additional noninterest expense
$1,120Pre-tax net operating income
$1,237Securities gains (losses)
$0Applicable income taxes
$534Income before extraordinary items
$703Extraordinary gains - net
$0Net income attributable to bank
$703Net charge-offs
$32Cash dividends
$147Sale, conversion, retirement of capital stock, net
$4Net operating income

Performance and Condition Ratios (December 31, 1996)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
9.35%Cost of funding earning assets
2.86%Net interest margin
6.49%Noninterest income to earning assets
1.21%Noninterest expense to earning assets
5.27%Net operating income to assets
1.13%Return on assets (ROA)
1.13%Pretax return on assets
1.99%Return on equity (ROE)
12.66%Retained earnings to average equity (YTD only)
10.01%Net charge-offs to loans
0.08%Credit loss provision to net charge-offs
343.75%Efficiency ratio
68,351Assets per employee
2.19%Cash dividends to net income (YTD only)
Condition Ratios (%)
20.91%Loss allowance to loans
1.13%Loss allowance to noncurrent loans
45.48%Noncurrent assets plus other real estate owned to assets
2.39%Noncurrent loans to loans
2.48%Net loans and leases to deposits
69.95%Net loans and leases to core deposits
83.88%Equity capital to assets
9.08%Core capital (leverage) ratio
9.18%Tier 1 risk-based capital ratio
13.43%Total risk-based capital ratio
Memoranda
$14Average assets
$62,314Average earning assets
$5,554Average equity
$55,237Average loans

First Northwestern Bank, National Association in Houston, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Northwestern Bank, National Association - Overview

Assets and Liabilities (December 31, 1996)

Income and Expense (December 31, 1996)

Performance and Condition Ratios (December 31, 1996)

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

First Northwestern Bank, National Association in Houston, Texas (TX)Overview, Financial Summary, Detailed Financial Reports, Branches

First Northwestern Bank, National Association - Overview

Assets and Liabilities (December 31, 1996)

Income and Expense (December 31, 1996)

Performance and Condition Ratios (December 31, 1996)

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

First Northwestern Bank, National Association in Houston, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches