Norwest Bank Texas, Bandera in Bandera, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 13, 1997

Norwest Bank Texas, Bandera in Bandera, Texas (TX)
Show street view No street view available for this location

Norwest Bank Texas, Bandera - Overview

General
FDIC Certificate #: 11174
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Norwest Bank Texas, South, National Association (#5511)
Federal Reserve ID: 283250
Date Established: January 01, 1910
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
OTS Docket #: 11779
FDIC's unique #: 7133
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: June 13, 1997
Last Structure Change Process Date: June 23, 1997
Last Data Update: June 23, 1997
Data Source Date: April 05, 2012
Location
Address: 900 Main Street, Bandera, TX 78003
County: Bandera
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Kansas City
FDIC Field Office: Austin
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
Core Based Statistical Area (CBSA): San Antonio-New Braunfels, TX (#41700)
CBSA Metro Statistical Area: San Antonio-New Braunfels, TX (#41700)
Financial Summary
Total assets: $73.1 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)
$23Total assets
$79,576Cash and due from depository institutions
$11,195Interest-bearing balances
$36Securities
$13,958Federal funds sold & reverse repurchase agreements
$32,120Net loans & leases
$17,377Loan loss allowance
$182Trading account assets
$0Bank premises and fixed assets
$348Other real estate owned
$0Goodwill and other intangibles
$875Life insurance assets
$3,703All other assets
$0Total liabilities and capital
$79,576Total liabilities
$70,507Total deposits
$57,424Interest-bearing deposits
$46,082Deposits held in domestic offices
57424.00%% insured (estimated)
$85Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$11,551Subordinated debt
$0All other liabilities
$1,532Total equity capital
$1,532Total bank equity capital
$9,069Perpetual preferred stock
$0Common stock
$1,000Surplus
$7,774Undivided profits
Memoranda
$295Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$104Earning assets
$63,491Long-term assets (5+ years)
$3,368Average Assets, year-to-date
$72,090Average Assets, quarterly
$74,341Volatile liabilities
$20,849Insider loans
$0FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$714Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$5,296Total risk weighted assets
$25,543Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$1,938Total interest expense
$923Net interest income
$1,015Provision for loan and lease losses
$0Total noninterest income
$229Fiduciary activities
$0Service charges on deposit accounts
$178Trading account gains & fees
$0Additional noninterest income
$51Total noninterest expense
$845Salaries and employee benefits
$317Premises and equipment expense
$84Additional noninterest expense
$444Pre-tax net operating income
$399Securities gains (losses)
$0Applicable income taxes
$174Income before extraordinary items
$225Extraordinary gains - net
$0Net income attributable to bank
$225Net charge-offs
$6Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1996)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
2.99%Cost of funding earning assets
1.43%Net interest margin
1.57%Noninterest income to earning assets
0.35%Noninterest expense to earning assets
1.31%Net operating income to assets
0.31%Return on assets (ROA)
0.31%Pretax return on assets
0.55%Return on equity (ROE)
3.12%Retained earnings to average equity (YTD only)
3.12%Net charge-offs to loans
0.03%Credit loss provision to net charge-offs
0.00%Efficiency ratio
57,637Assets per employee
3.46%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.04%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
30.26%Net loans and leases to core deposits
36.11%Equity capital to assets
11.40%Core capital (leverage) ratio
7.99%Tier 1 risk-based capital ratio
20.73%Total risk-based capital ratio
Memoranda
$21Average assets
$72,090Average earning assets
$7,208Average equity
$64,716Average 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 Norwest Bank Texas, Bandera.
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.