Norwest Bank Texas, Austin, National Association in Austin, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 23, 1996

  • Norwest Bank Texas, Austin, National Association in Austin, Texas (TX)
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Norwest Bank Texas, Austin, National Association - Overview

  • General
  • FDIC Certificate #: 26337
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Norwest Bank Texas, South Central (#16931)
    Federal Reserve ID: 274650
    Date Established: August 20, 1985
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 7 (Interstate: No)
    OTS Docket #: 11175
    FDIC's unique #: 32864
    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: August 20, 1985
    Last Structure Change Effective Date: September 23, 1996
    Last Structure Change Process Date: October 31, 1996
    Last Data Update: October 31, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 5555 North Lamar Boulevard, Austin, TX 78705
    County: Travis
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Austin
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Austin-San Marcos, TX (#640)
    Combined Statistical Area (CSA): Austin-Round Rock-Marble Falls, TX (#126)
    Core Based Statistical Area (CBSA): Austin-Round Rock-San Marcos, TX (#12420)
    CBSA Metro Statistical Area: Austin-Round Rock-San Marcos, TX (#12420)
  • Financial Summary
  • Total assets: $147.0 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $84Total assets
  • $173,225Cash and due from depository institutions
  • $13,902Interest-bearing balances
  • $20Securities
  • $16,315Federal funds sold & reverse repurchase agreements
  • $44,000Net loans & leases
  • $93,719Loan loss allowance
  • $3,801Trading account assets
  • $0Bank premises and fixed assets
  • $3,048Other real estate owned
  • $14Goodwill and other intangibles
  • $2,227Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $173,225Total liabilities
  • $145,967Total deposits
  • $143,945Interest-bearing deposits
  • $87,625Deposits held in domestic offices
  • 143945.00%% insured (estimated)
  • $81Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $281Subordinated debt
  • $0All other liabilities
  • $1,741Total equity capital
  • $1,741Total bank equity capital
  • $27,258Perpetual preferred stock
  • $0Common stock
  • $3,683Surplus
  • $23,617Undivided profits
  • Memoranda
  • $-42Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,304Income earned, not collected on loans
  • $643Earning assets
  • $154,054Long-term assets (5+ years)
  • $1,215Average Assets, year-to-date
  • $154,212Average Assets, quarterly
  • $164,643Volatile liabilities
  • $12,388Insider loans
  • $40FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $23,235Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $27,079Total risk weighted assets
  • $112,969Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $2,872Total interest expense
  • $689Net interest income
  • $2,183Provision for loan and lease losses
  • $1,200Total noninterest income
  • $397Fiduciary activities
  • $0Service charges on deposit accounts
  • $313Trading account gains & fees
  • $0Additional noninterest income
  • $84Total noninterest expense
  • $1,590Salaries and employee benefits
  • $526Premises and equipment expense
  • $236Additional noninterest expense
  • $828Pre-tax net operating income
  • -$210Securities gains (losses)
  • $53Applicable income taxes
  • $64Income before extraordinary items
  • -$221Extraordinary gains - net
  • $0Net income attributable to bank
  • -$221Net charge-offs
  • $554Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 2.08%Cost of funding earning assets
  • 0.50%Net interest margin
  • 1.58%Noninterest income to earning assets
  • 0.29%Noninterest expense to earning assets
  • 1.15%Net operating income to assets
  • -0.18%Return on assets (ROA)
  • -0.14%Pretax return on assets
  • -0.10%Return on equity (ROE)
  • -1.26%Retained earnings to average equity (YTD only)
  • -1.26%Net charge-offs to loans
  • 0.55%Credit loss provision to net charge-offs
  • 216.61%Efficiency ratio
  • 53,140Assets per employee
  • 2.06%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.90%Loss allowance to noncurrent loans
  • 115.04%Noncurrent assets plus other real estate owned to assets
  • 1.92%Noncurrent loans to loans
  • 3.39%Net loans and leases to deposits
  • 65.11%Net loans and leases to core deposits
  • 71.09%Equity capital to assets
  • 15.74%Core capital (leverage) ratio
  • 15.65%Tier 1 risk-based capital ratio
  • 23.97%Total risk-based capital ratio
  • Memoranda
  • $25Average assets
  • $154,212Average earning assets
  • $17,473Average equity
  • $138,013Average loans

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