FDIC Certificate #: 19427 Status: Inactive Closing history: Absorption - Without Assistance Acquiring institution:Wells Fargo Bank Texas, National Association (#14533) Federal Reserve ID: 311359 Date Established: April 10, 1965 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 6 (Interstate: No) FDIC's unique #: 13230 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: May 06, 1965 Last Structure Change Effective Date: August 24, 2002 Last Structure Change Process Date: October 29, 2002 Last Data Update: October 29, 2002 Data Source Date: April 05, 2012
Location
Address: 901 South Filmore, Suite 101, Amarillo, TX 79101 County: Potter Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: San Francisco FDIC Field Office: Lubbock Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): Amarillo, TX (#320) Core Based Statistical Area (CBSA): Amarillo, TX (#11100) CBSA Metro Statistical Area: Amarillo, TX (#11100)
Financial Summary
Total assets: $365.6 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2001)
Dollar figures in thousands
110Total employees (full-time equivalent)
$356,631Total assets
$24,926Cash and due from depository institutions
$12Interest-bearing balances
$4,362Securities
$4,430Federal funds sold & reverse repurchase agreements
$310,589Net loans & leases
$5,695Loan loss allowance
$0Trading account assets
$4,549Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$7,775All other assets
$356,631Total liabilities and capital
$302,271Total liabilities
$300,538Total deposits
$202,871Interest-bearing deposits
$300,538Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$1,733All other liabilities
$54,360Total equity capital
$54,360Total bank equity capital
$54,360Perpetual preferred stock
$0Common stock
$100Surplus
$38,759Undivided profits
Memoranda
$15,501Noncurrent loans and leases
$112,162Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$51Earning assets
$0Long-term assets (5+ years)
$2,736Average Assets, year-to-date
$319,393Average Assets, quarterly
$44,503Volatile liabilities
$361,803Insider loans
$359,571FHLB advances
$68,422Loans and leases held for sale
$31,281Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$2,647Total risk weighted assets
$112,162Total unused commitments
$0Restructured Loans and leases
$3,937Derivatives
Income and Expense (December 31, 2001)
Dollar figures in thousands
$24,910Total interest income
$7,867Total interest expense
$17,043Net interest income
-$850Provision for loan and lease losses
$3,309Total noninterest income
$196Fiduciary activities
$2,079Service charges on deposit accounts
$0Trading account gains & fees
$1,034Additional noninterest income
$10,383Total noninterest expense
$5,590Salaries and employee benefits
$1,376Premises and equipment expense
$3,417Additional noninterest expense
$10,819Pre-tax net operating income
$0Securities gains (losses)
$3,683Applicable income taxes
$7,136Income before extraordinary items
$0Extraordinary gains - net
$7,136Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$1,556Sale, conversion, retirement of capital stock, net
$2,244Net operating income
Performance and Condition Ratios (December 31, 2001)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.59%Yield on earning assets
2.40%Cost of funding earning assets
5.19%Net interest margin
1.01%Noninterest income to earning assets
3.16%Noninterest expense to earning assets
1.97%Net operating income to assets
1.97%Return on assets (ROA)
2.99%Pretax return on assets
13.66%Return on equity (ROE)
9.37%Retained earnings to average equity (YTD only)
-0.48%Net charge-offs to loans
54.63%Credit loss provision to net charge-offs
0.00%Efficiency ratio
51,017Assets per employee
3.24%Cash dividends to net income (YTD only)
Condition Ratios (%)
31.45%Loss allowance to loans
1.80%Loss allowance to noncurrent loans
11166.67%Noncurrent assets plus other real estate owned to assets
0.01%Noncurrent loans to loans
0.02%Net loans and leases to deposits
103.34%Net loans and leases to core deposits
133.81%Equity capital to assets
15.24%Core capital (leverage) ratio
15.30%Tier 1 risk-based capital ratio
17.34%Total risk-based capital ratio
Memoranda
$19Average assets
$361,803Average earning assets
$52,227Average equity
$328,120Average loans
Total Fiduciary and Related Assets (December 31, 2001)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
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