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

This bank is inactive as of Febuary 01, 1996

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

Norwest Bank Texas, Crane - Overview

General
FDIC Certificate #: 16690
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Wells Fargo Bank Texas, National Association (#14533)
Federal Reserve ID: 772651
Date Established: April 23, 1948
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 10816
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: April 23, 1948
Last Structure Change Effective Date: Febuary 01, 1996
Last Structure Change Process Date: Febuary 12, 1996
Last Data Update: Febuary 12, 1996
Data Source Date: April 05, 2012
Location
Address: 8th And Gaston Streets, Crane, TX 79731
County: Crane
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Lubbock
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
Financial Summary
Total assets: $23.1 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)
$9Total assets
$23,132Cash and due from depository institutions
$943Interest-bearing balances
$0Securities
$9,726Federal funds sold & reverse repurchase agreements
$6,425Net loans & leases
$5,364Loan loss allowance
$92Trading account assets
$0Bank premises and fixed assets
$132Other real estate owned
$0Goodwill and other intangibles
$542Life insurance assets
$0All other assets
$0Total liabilities and capital
$23,132Total liabilities
$21,267Total deposits
$21,167Interest-bearing deposits
$17,931Deposits held in domestic offices
21167.00%% insured (estimated)
$71Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$100Total equity capital
$100Total bank equity capital
$1,865Perpetual preferred stock
$0Common stock
$420Surplus
$1,180Undivided profits
Memoranda
$265Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$111Income earned, not collected on loans
$81Earning assets
$21,515Long-term assets (5+ years)
$5,417Average Assets, year-to-date
$20,708Average Assets, quarterly
$22,214Volatile liabilities
$7,555Insider loans
$297FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$217Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$1,710Total risk weighted assets
$9,292Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$1,494Total interest expense
$553Net interest income
$941Provision for loan and lease losses
$0Total noninterest income
$256Fiduciary activities
$0Service charges on deposit accounts
$215Trading account gains & fees
$0Additional noninterest income
$41Total noninterest expense
$787Salaries and employee benefits
$288Premises and equipment expense
$48Additional noninterest expense
$451Pre-tax net operating income
$410Securities gains (losses)
-$77Applicable income taxes
$100Income before extraordinary items
$233Extraordinary gains - net
$0Net income attributable to bank
$233Net charge-offs
$25Cash dividends
$205Sale, 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
7.88%Cost of funding earning assets
2.92%Net interest margin
4.97%Noninterest income to earning assets
1.35%Noninterest expense to earning assets
4.15%Net operating income to assets
1.39%Return on assets (ROA)
1.13%Pretax return on assets
1.61%Return on equity (ROE)
13.77%Retained earnings to average equity (YTD only)
1.65%Net charge-offs to loans
0.47%Credit loss provision to net charge-offs
0.00%Efficiency ratio
65,748Assets per employee
2.57%Cash dividends to net income (YTD only)
Condition Ratios (%)
87.98%Loss allowance to loans
1.69%Loss allowance to noncurrent loans
82.88%Noncurrent assets plus other real estate owned to assets
0.48%Noncurrent loans to loans
2.03%Net loans and leases to deposits
25.34%Net loans and leases to core deposits
39.41%Equity capital to assets
8.06%Core capital (leverage) ratio
7.74%Tier 1 risk-based capital ratio
18.40%Total risk-based capital ratio
Memoranda
$19Average assets
$20,708Average earning assets
$1,693Average equity
$18,948Average 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, Crane.
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.