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

This bank is inactive as of January 24, 1997

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

  • General
  • FDIC Certificate #: 3365
    Status: Inactive
    Closing history: Consolidated - Without Assistance
    Acquiring institution: Wells Fargo Bank Texas, National Association (#14533)
    Federal Reserve ID: 957168
    Date Established: January 01, 1905
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 8 (Interstate: No)
    OTS Docket #: 11431
    FDIC's unique #: 2183
    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: January 24, 1997
    Last Structure Change Process Date: Febuary 04, 1997
    Last Data Update: Febuary 04, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 2301 Kell Boulevard, Wichita Falls, TX 76308
    County: Wichita
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Dallas
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Wichita Falls, TX (#9080)
    Core Based Statistical Area (CBSA): Wichita Falls, TX (#48660)
    CBSA Metro Statistical Area: Wichita Falls, TX (#48660)
  • Financial Summary
  • Total assets: $379.0 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)
  • $113Total assets
  • $379,023Cash and due from depository institutions
  • $23,607Interest-bearing balances
  • $3Securities
  • $82,392Federal funds sold & reverse repurchase agreements
  • $95,315Net loans & leases
  • $153,823Loan loss allowance
  • $1,990Trading account assets
  • $0Bank premises and fixed assets
  • $8,442Other real estate owned
  • $0Goodwill and other intangibles
  • $7,174Life insurance assets
  • $8,270All other assets
  • $0Total liabilities and capital
  • $379,023Total liabilities
  • $350,324Total deposits
  • $340,053Interest-bearing deposits
  • $293,714Deposits held in domestic offices
  • 340053.00%% insured (estimated)
  • $89Federal funds purchased & repurchase agreements
  • $823Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $9,448Total equity capital
  • $9,448Total bank equity capital
  • $28,699Perpetual preferred stock
  • $0Common stock
  • $6,000Surplus
  • $19,369Undivided profits
  • Memoranda
  • $3,330Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,238Income earned, not collected on loans
  • $1,180Earning assets
  • $331,533Long-term assets (5+ years)
  • $50,025Average Assets, year-to-date
  • $371,702Average Assets, quarterly
  • $371,792Volatile liabilities
  • $45,298Insider loans
  • $14FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $31,491Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $20,284Total risk weighted assets
  • $202,253Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $24,446Total interest expense
  • $11,510Net interest income
  • $12,936Provision for loan and lease losses
  • $602Total noninterest income
  • $4,174Fiduciary activities
  • $1,851Service charges on deposit accounts
  • $1,597Trading account gains & fees
  • $0Additional noninterest income
  • $726Total noninterest expense
  • $13,928Salaries and employee benefits
  • $4,404Premises and equipment expense
  • $1,500Additional noninterest expense
  • $8,024Pre-tax net operating income
  • $2,580Securities gains (losses)
  • -$32Applicable income taxes
  • $966Income before extraordinary items
  • $1,582Extraordinary gains - net
  • $0Net income attributable to bank
  • $1,582Net charge-offs
  • $2,147Cash dividends
  • $8,125Sale, 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
  • 7.36%Cost of funding earning assets
  • 3.46%Net interest margin
  • 3.89%Noninterest income to earning assets
  • 1.26%Noninterest expense to earning assets
  • 4.19%Net operating income to assets
  • 0.43%Return on assets (ROA)
  • 0.43%Pretax return on assets
  • 0.69%Return on equity (ROE)
  • 5.02%Retained earnings to average equity (YTD only)
  • -20.75%Net charge-offs to loans
  • 1.28%Credit loss provision to net charge-offs
  • 28.04%Efficiency ratio
  • 77,849Assets per employee
  • 3.35%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 513.59%Loss allowance to loans
  • 1.28%Loss allowance to noncurrent loans
  • 160.74%Noncurrent assets plus other real estate owned to assets
  • 0.33%Noncurrent loans to loans
  • 0.79%Net loans and leases to deposits
  • 45.24%Net loans and leases to core deposits
  • 52.04%Equity capital to assets
  • 7.57%Core capital (leverage) ratio
  • 5.68%Tier 1 risk-based capital ratio
  • 10.03%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $371,702Average earning assets
  • $31,535Average equity
  • $332,297Average loans

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