The Bank of the West in Austin, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 29, 1994

  • The Bank of the West in Austin, Texas (TX)
  • Show street view No street view available for this location

The Bank of the West - Overview

  • General
  • FDIC Certificate #: 27464
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Wells Fargo Bank Texas, National Association (#24344)
    Federal Reserve ID: 1368613
    Date Established: March 09, 1989
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 8 (Interstate: No)
    FDIC's unique #: 39988
    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: March 09, 1989
    Last Structure Change Effective Date: April 29, 1994
    Last Structure Change Process Date: May 06, 1994
    Last Data Update: May 06, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 608 Castle Ridge Road, Austin, TX 78764
    County: Travis
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Austin
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Austin-San Marcos, TX (#640)
    Combined Statistical Area (CSA): Austin-Round Rock-Marble Falls, TX (#126)
    Core Based Statistical Area (CBSA): Austin-Round Rock-San Marcos, TX (#12420)
    CBSA Metro Statistical Area: Austin-Round Rock-San Marcos, TX (#12420)
  • Financial Summary
  • Total assets: $242.4 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $107Total assets
  • $244,254Cash and due from depository institutions
  • $7,881Interest-bearing balances
  • $0Securities
  • $158,255Federal funds sold & reverse repurchase agreements
  • $28,895Net loans & leases
  • $38,890Loan loss allowance
  • $501Trading account assets
  • $0Bank premises and fixed assets
  • $5,985Other real estate owned
  • $925Goodwill and other intangibles
  • $2,968Life insurance assets
  • $455All other assets
  • $0Total liabilities and capital
  • $244,254Total liabilities
  • $219,853Total deposits
  • $219,263Interest-bearing deposits
  • $175,846Deposits held in domestic offices
  • 219263.00%% insured (estimated)
  • $93Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1Subordinated debt
  • $0All other liabilities
  • $589Total equity capital
  • $589Total bank equity capital
  • $24,401Perpetual preferred stock
  • $0Common stock
  • $1,050Surplus
  • $10,077Undivided profits
  • Memoranda
  • $13,274Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $720Income earned, not collected on loans
  • $301Earning assets
  • $226,040Long-term assets (5+ years)
  • $12,909Average Assets, year-to-date
  • $242,644Average Assets, quarterly
  • $246,318Volatile liabilities
  • $13,759Insider loans
  • $437FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $2,802Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $23,946Total risk weighted assets
  • $57,946Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $13,330Total interest expense
  • $4,864Net interest income
  • $8,466Provision for loan and lease losses
  • -$250Total noninterest income
  • $2,573Fiduciary activities
  • $0Service charges on deposit accounts
  • $1,477Trading account gains & fees
  • $0Additional noninterest income
  • $1,096Total noninterest expense
  • $6,785Salaries and employee benefits
  • $3,020Premises and equipment expense
  • $1,041Additional noninterest expense
  • $2,724Pre-tax net operating income
  • $4,504Securities gains (losses)
  • $2,023Applicable income taxes
  • $1,977Income before extraordinary items
  • $4,550Extraordinary gains - net
  • $1,589Net income attributable to bank
  • $6,139Net charge-offs
  • $74Cash dividends
  • $400Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 5.97%Cost of funding earning assets
  • 2.18%Net interest margin
  • 3.79%Noninterest income to earning assets
  • 1.15%Noninterest expense to earning assets
  • 3.04%Net operating income to assets
  • 1.29%Return on assets (ROA)
  • 2.53%Pretax return on assets
  • 3.34%Return on equity (ROE)
  • 27.90%Retained earnings to average equity (YTD only)
  • 26.08%Net charge-offs to loans
  • 0.17%Credit loss provision to net charge-offs
  • -337.84%Efficiency ratio
  • 61,192Assets per employee
  • 2.28%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 6.52%Loss allowance to loans
  • 1.27%Loss allowance to noncurrent loans
  • 69.58%Noncurrent assets plus other real estate owned to assets
  • 0.67%Noncurrent loans to loans
  • 1.83%Net loans and leases to deposits
  • 17.74%Net loans and leases to core deposits
  • 18.92%Equity capital to assets
  • 9.99%Core capital (leverage) ratio
  • 9.63%Tier 1 risk-based capital ratio
  • 41.32%Total risk-based capital ratio
  • Memoranda
  • $42Average assets
  • $242,644Average earning assets
  • $22,004Average equity
  • $223,194Average 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 The Bank of the West.
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.
Table of Contents