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

This bank is inactive as of Febuary 01, 1996

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

Norwest Bank Texas, Tulia, National Association - Overview

General
FDIC Certificate #: 5561
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Wells Fargo Bank Texas, National Association (#14533)
Federal Reserve ID: 481364
Date Established: January 01, 1902
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 #: 3782
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: 101 North Maxwell Street, Tulia, TX 79088
County: Swisher
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: $63.1 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)
$20Total assets
$63,059Cash and due from depository institutions
$3,156Interest-bearing balances
$0Securities
$23,400Federal funds sold & reverse repurchase agreements
$7,730Net loans & leases
$24,892Loan loss allowance
$1,079Trading account assets
$0Bank premises and fixed assets
$565Other real estate owned
$0Goodwill and other intangibles
$1,568Life insurance assets
$1,748All other assets
$0Total liabilities and capital
$63,059Total liabilities
$54,475Total deposits
$53,450Interest-bearing deposits
$44,873Deposits held in domestic offices
53450.00%% insured (estimated)
$88Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$186Subordinated debt
$0All other liabilities
$839Total equity capital
$839Total bank equity capital
$8,584Perpetual preferred stock
$0Common stock
$1,200Surplus
$6,968Undivided profits
Memoranda
$416Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$37Income earned, not collected on loans
$1,012Earning assets
$56,022Long-term assets (5+ years)
$14,311Average Assets, year-to-date
$62,709Average Assets, quarterly
$62,173Volatile liabilities
$4,383Insider loans
$276FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$9,972Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$6,643Total risk weighted assets
$33,464Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$2,643Total interest expense
$1,089Net interest income
$1,554Provision for loan and lease losses
$250Total noninterest income
$131Fiduciary activities
$0Service charges on deposit accounts
$112Trading account gains & fees
$0Additional noninterest income
$19Total noninterest expense
$844Salaries and employee benefits
$384Premises and equipment expense
$95Additional noninterest expense
$365Pre-tax net operating income
$591Securities gains (losses)
$21Applicable income taxes
$239Income before extraordinary items
$373Extraordinary gains - net
$0Net income attributable to bank
$373Net charge-offs
-$65Cash dividends
$150Sale, 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
4.66%Cost of funding earning assets
1.92%Net interest margin
2.74%Noninterest income to earning assets
0.23%Noninterest expense to earning assets
1.49%Net operating income to assets
0.57%Return on assets (ROA)
0.59%Pretax return on assets
0.98%Return on equity (ROE)
4.82%Retained earnings to average equity (YTD only)
2.88%Net charge-offs to loans
-0.26%Credit loss provision to net charge-offs
-384.62%Efficiency ratio
45,875Assets per employee
3.15%Cash dividends to net income (YTD only)
Condition Ratios (%)
40.21%Loss allowance to loans
4.15%Loss allowance to noncurrent loans
2916.22%Noncurrent assets plus other real estate owned to assets
0.06%Noncurrent loans to loans
0.14%Net loans and leases to deposits
46.57%Net loans and leases to core deposits
50.54%Equity capital to assets
13.61%Core capital (leverage) ratio
11.02%Tier 1 risk-based capital ratio
19.85%Total risk-based capital ratio
Memoranda
$21Average assets
$62,709Average earning assets
$7,740Average equity
$56,728Average 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, Tulia, National Association.
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.