FDIC Certificate #: 24030 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Prosperity Bank (#16835) Federal Reserve ID: 657767 Date Established: October 14, 1982 WWW:http://www.northwestbanktexas.com/ Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 5 (Interstate: No) FDIC's unique #: 16753 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: October 14, 1982 Last Structure Change Effective Date: January 31, 2007 Last Structure Change Process Date: March 22, 2007 Last Data Update: March 22, 2007 Data Source Date: April 05, 2012
Location
Address: 615 Highway 114, Roanoke, TX 76262 County: Denton Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Dallas Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): Dallas, TX (#1920) 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: Dallas-Plano-Irving, TX (#19124)
Financial Summary
Total assets: $172.8 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
2000 - 2011 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, 2006)
Dollar figures in thousands
58Total employees (full-time equivalent)
$172,823Total assets
$8,839Cash and due from depository institutions
$10Interest-bearing balances
$3,898Securities
$9,595Federal funds sold & reverse repurchase agreements
$117,850Net loans & leases
$743Loan loss allowance
$0Trading account assets
$6,522Bank premises and fixed assets
$307Other real estate owned
$21,799Goodwill and other intangibles
$2,275Life insurance assets
$4,013All other assets
$172,823Total liabilities and capital
$137,533Total liabilities
$135,704Total deposits
$86,577Interest-bearing deposits
$135,704Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$1,829All other liabilities
$35,290Total equity capital
$35,290Total bank equity capital
$35,290Perpetual preferred stock
$0Common stock
$500Surplus
$32,866Undivided profits
Memoranda
$1,924Noncurrent loans and leases
$33,975Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$144Earning assets
$0Long-term assets (5+ years)
$1,350Average Assets, year-to-date
$131,353Average Assets, quarterly
$8,069Volatile liabilities
$154,614Insider loans
$170,421FHLB advances
$21,343Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$33,975Total unused commitments
$0Restructured Loans and leases
$743Derivatives
Income and Expense (December 31, 2006)
Dollar figures in thousands
$9,021Total interest income
$1,923Total interest expense
$7,098Net interest income
$0Provision for loan and lease losses
$765Total noninterest income
$0Fiduciary activities
$775Service charges on deposit accounts
$0Trading account gains & fees
-$10Additional noninterest income
$5,011Total noninterest expense
$2,735Salaries and employee benefits
$423Premises and equipment expense
$1,853Additional noninterest expense
$2,852Pre-tax net operating income
$0Securities gains (losses)
$949Applicable income taxes
$1,903Income before extraordinary items
$0Extraordinary gains - net
$1,903Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$400Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2006)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.25%Yield on earning assets
1.55%Cost of funding earning assets
5.71%Net interest margin
0.62%Noninterest income to earning assets
4.03%Noninterest expense to earning assets
1.23%Net operating income to assets
1.23%Return on assets (ROA)
1.84%Pretax return on assets
7.44%Return on equity (ROE)
7.44%Retained earnings to average equity (YTD only)
0.35%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
7.13%Efficiency ratio
60,231Assets per employee
2.98%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.63%Loss allowance to noncurrent loans
515.97%Noncurrent assets plus other real estate owned to assets
0.26%Noncurrent loans to loans
0.12%Net loans and leases to deposits
86.84%Net loans and leases to core deposits
103.05%Equity capital to assets
20.42%Core capital (leverage) ratio
8.87%Tier 1 risk-based capital ratio
10.47%Total risk-based capital ratio
Memoranda
$11Average assets
$154,614Average earning assets
$25,562Average equity
$124,390Average loans
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Northwest Bank.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: