The First National Bank of Rowena in Rowena, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 13, 1997

The First National Bank of Rowena in Rowena, Texas (TX)
Show street view No street view available for this location

The First National Bank of Rowena - Overview

General
FDIC Certificate #: 5502
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: West Texas State Bank (#16866)
Federal Reserve ID: 991667
Date Established: January 01, 1908
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 #: 3732
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: June 13, 1997
Last Structure Change Process Date: July 09, 1997
Last Data Update: July 09, 1997
Data Source Date: April 05, 2012
Location
Address: Main Street, Rowena, TX 76875
County: Runnels
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
Financial Summary
Total assets: $12.3 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)
$10Total assets
$12,254Cash and due from depository institutions
$350Interest-bearing balances
$0Securities
$4,801Federal funds sold & reverse repurchase agreements
$1,675Net loans & leases
$4,951Loan loss allowance
$157Trading account assets
$0Bank premises and fixed assets
$143Other real estate owned
$18Goodwill and other intangibles
$316Life insurance assets
$0All other assets
$0Total liabilities and capital
$12,254Total liabilities
$11,670Total deposits
$11,559Interest-bearing deposits
$9,672Deposits held in domestic offices
11559.00%% insured (estimated)
$100Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$111Total equity capital
$111Total bank equity capital
$584Perpetual preferred stock
$0Common stock
$200Surplus
$275Undivided profits
Memoranda
$109Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,407Income earned, not collected on loans
$234Earning assets
$11,427Long-term assets (5+ years)
$0Average Assets, year-to-date
$12,460Average Assets, quarterly
$12,216Volatile liabilities
$608Insider loans
$132FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$897Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$639Total risk weighted assets
$6,579Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$835Total interest expense
$402Net interest income
$433Provision for loan and lease losses
$207Total noninterest income
$124Fiduciary activities
$0Service charges on deposit accounts
$100Trading account gains & fees
$0Additional noninterest income
$24Total noninterest expense
$582Salaries and employee benefits
$319Premises and equipment expense
$82Additional noninterest expense
$181Pre-tax net operating income
-$232Securities gains (losses)
-$28Applicable income taxes
$0Income before extraordinary items
-$260Extraordinary gains - net
$0Net income attributable to bank
-$260Net charge-offs
$245Cash 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
7.22%Cost of funding earning assets
3.48%Net interest margin
3.74%Noninterest income to earning assets
1.07%Noninterest expense to earning assets
5.03%Net operating income to assets
-1.86%Return on assets (ROA)
-2.09%Pretax return on assets
-2.09%Return on equity (ROE)
-39.25%Retained earnings to average equity (YTD only)
-39.25%Net charge-offs to loans
4.62%Credit loss provision to net charge-offs
84.49%Efficiency ratio
104,488Assets per employee
1.23%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.07%Loss allowance to noncurrent loans
11.16%Noncurrent assets plus other real estate owned to assets
11.63%Noncurrent loans to loans
27.55%Net loans and leases to deposits
42.83%Net loans and leases to core deposits
45.21%Equity capital to assets
4.77%Core capital (leverage) ratio
5.23%Tier 1 risk-based capital ratio
9.71%Total risk-based capital ratio
Memoranda
$11Average assets
$12,460Average earning assets
$662Average equity
$11,563Average 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 First National Bank of Rowena.
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.