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

This bank is inactive as of Febuary 01, 1996

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

General
FDIC Certificate #: 3396
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Wells Fargo Bank Texas, National Association (#14533)
Federal Reserve ID: 794662
Date Established: January 01, 1909
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 1 (Interstate: No)
FDIC's unique #: 2211
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: January 01, 1934
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: West Main Street, Post, TX 79356
County: Garza
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: $42.8 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)
$11Total assets
$42,754Cash and due from depository institutions
$1,608Interest-bearing balances
$0Securities
$15,288Federal funds sold & reverse repurchase agreements
$13,715Net loans & leases
$10,872Loan loss allowance
$275Trading account assets
$0Bank premises and fixed assets
$165Other real estate owned
$0Goodwill and other intangibles
$1,106Life insurance assets
$0All other assets
$0Total liabilities and capital
$42,754Total liabilities
$40,466Total deposits
$40,127Interest-bearing deposits
$32,674Deposits held in domestic offices
40127.00%% insured (estimated)
$76Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$85Subordinated debt
$0All other liabilities
$254Total equity capital
$254Total bank equity capital
$2,288Perpetual preferred stock
$0Common stock
$225Surplus
$275Undivided profits
Memoranda
$1,788Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$213Earning assets
$39,875Long-term assets (5+ years)
$10,149Average Assets, year-to-date
$40,428Average Assets, quarterly
$40,102Volatile liabilities
$3,336Insider loans
$315FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$438Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$2,058Total risk weighted assets
$18,484Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$2,991Total interest expense
$1,172Net interest income
$1,819Provision for loan and lease losses
$60Total noninterest income
$195Fiduciary activities
$0Service charges on deposit accounts
$146Trading account gains & fees
$0Additional noninterest income
$49Total noninterest expense
$1,234Salaries and employee benefits
$405Premises and equipment expense
$87Additional noninterest expense
$742Pre-tax net operating income
$720Securities gains (losses)
-$263Applicable income taxes
$143Income before extraordinary items
$314Extraordinary gains - net
$0Net income attributable to bank
$314Net charge-offs
$41Cash dividends
$4,185Sale, 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
7.97%Cost of funding earning assets
3.12%Net interest margin
4.85%Noninterest income to earning assets
0.52%Noninterest expense to earning assets
3.29%Net operating income to assets
1.23%Return on assets (ROA)
0.78%Pretax return on assets
1.13%Return on equity (ROE)
11.31%Retained earnings to average equity (YTD only)
-139.40%Net charge-offs to loans
0.35%Credit loss provision to net charge-offs
146.34%Efficiency ratio
61,271Assets per employee
3.89%Cash dividends to net income (YTD only)
Condition Ratios (%)
1332.80%Loss allowance to loans
2.47%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
27.09%Net loans and leases to core deposits
29.48%Equity capital to assets
5.35%Core capital (leverage) ratio
5.17%Tier 1 risk-based capital ratio
11.13%Total risk-based capital ratio
Memoranda
$12Average assets
$40,428Average earning assets
$2,777Average equity
$37,539Average loans

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