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

This bank is inactive as of April 18, 1997

  • Texas Bank in Odessa, Texas (TX)
  • Show street view No street view available for this location

Texas Bank - Overview

  • General
  • FDIC Certificate #: 23785
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Norwest Bank Texas, South Central (#16931)
    Federal Reserve ID: 963169
    Date Established: April 19, 1982
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 9 (Interstate: No)
    FDIC's unique #: 16625
    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 19, 1982
    Last Structure Change Effective Date: April 18, 1997
    Last Structure Change Process Date: May 14, 1997
    Last Data Update: May 14, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 4101 North Parkway Boulevard, Odessa, TX 79760
    County: Ector
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Lubbock
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Odessa-Midland, TX (#5800)
    Combined Statistical Area (CSA): Midland-Odessa, TX (#372)
    Core Based Statistical Area (CBSA): Odessa, TX (#36220)
    CBSA Metro Statistical Area: Odessa, TX (#36220)
  • History of Changes
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $179.5 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)
  • $101Total assets
  • $179,538Cash and due from depository institutions
  • $12,740Interest-bearing balances
  • $438Securities
  • $30,980Federal funds sold & reverse repurchase agreements
  • $23,125Net loans & leases
  • $105,712Loan loss allowance
  • $5,103Trading account assets
  • $0Bank premises and fixed assets
  • $4,179Other real estate owned
  • $7Goodwill and other intangibles
  • $2,752Life insurance assets
  • $43All other assets
  • $0Total liabilities and capital
  • $179,538Total liabilities
  • $168,213Total deposits
  • $165,740Interest-bearing deposits
  • $107,854Deposits held in domestic offices
  • 165740.00%% insured (estimated)
  • $89Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $2,473Total equity capital
  • $2,473Total bank equity capital
  • $11,325Perpetual preferred stock
  • $0Common stock
  • $1,136Surplus
  • $10,448Undivided profits
  • Memoranda
  • $-259Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $807Income earned, not collected on loans
  • $802Earning assets
  • $160,255Long-term assets (5+ years)
  • $5,554Average Assets, year-to-date
  • $168,861Average Assets, quarterly
  • $176,672Volatile liabilities
  • $21,640Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $10,979Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $11,297Total risk weighted assets
  • $120,361Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $2,455Total interest expense
  • $666Net interest income
  • $1,789Provision for loan and lease losses
  • $0Total noninterest income
  • $429Fiduciary activities
  • $0Service charges on deposit accounts
  • $340Trading account gains & fees
  • $0Additional noninterest income
  • $89Total noninterest expense
  • $2,595Salaries and employee benefits
  • $788Premises and equipment expense
  • $861Additional noninterest expense
  • $946Pre-tax net operating income
  • -$377Securities gains (losses)
  • $0Applicable income taxes
  • -$133Income before extraordinary items
  • -$244Extraordinary gains - net
  • $0Net income attributable to bank
  • -$244Net charge-offs
  • $229Cash 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
  • 1.62%Cost of funding earning assets
  • 0.44%Net interest margin
  • 1.18%Noninterest income to earning assets
  • 0.28%Noninterest expense to earning assets
  • 1.72%Net operating income to assets
  • -0.14%Return on assets (ROA)
  • -0.14%Pretax return on assets
  • -0.22%Return on equity (ROE)
  • -1.76%Retained earnings to average equity (YTD only)
  • -1.76%Net charge-offs to loans
  • 0.21%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 116,952Assets per employee
  • 1.78%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 4.60%Loss allowance to noncurrent loans
  • 632.34%Noncurrent assets plus other real estate owned to assets
  • 0.45%Noncurrent loans to loans
  • 0.73%Net loans and leases to deposits
  • 63.78%Net loans and leases to core deposits
  • 73.36%Equity capital to assets
  • 6.31%Core capital (leverage) ratio
  • 6.29%Tier 1 risk-based capital ratio
  • 9.39%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $168,861Average earning assets
  • $13,895Average equity
  • $151,215Average loans

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