FDIC Certificate #: 3168 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Wells Fargo Bank Texas, National Association (#14533) Federal Reserve ID: 554754 Date Established: December 31, 1883 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 7 (Interstate: No) OTS Docket #: 15635 FDIC's unique #: 2034 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 15, 2002 Last Structure Change Process Date: July 03, 2002 Last Data Update: July 03, 2002 Data Source Date: April 05, 2012
Location
Address: 300 North Main Street, Decatur, TX 76234 County: Wise Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: San Francisco FDIC Field Office: Dallas Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: West Combined Statistical Area (CSA): Dallas-Fort Worth, TX (#206) Core Based Statistical Area (CBSA): Dallas-Fort Worth-Arlington, TX (#19100) CBSA Metro Statistical Area: Dallas-Fort Worth-Arlington, TX (#19100) Core Based Statistical Division: Fort Worth-Arlington, TX (#23104)
Financial Summary
Total assets: $377.6 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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
91Total employees (full-time equivalent)
$390,720Total assets
$23,959Cash and due from depository institutions
$18Interest-bearing balances
$128,200Securities
$34,453Federal funds sold & reverse repurchase agreements
$169,961Net loans & leases
$3,754Loan loss allowance
$0Trading account assets
$7,087Bank premises and fixed assets
$696Other real estate owned
$18,008Goodwill and other intangibles
$0Life insurance assets
$8,356All other assets
$390,720Total liabilities and capital
$345,794Total liabilities
$343,552Total deposits
$275,818Interest-bearing deposits
$343,552Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$2,242All other liabilities
$44,926Total equity capital
$44,926Total bank equity capital
$44,926Perpetual preferred stock
$0Common stock
$1,498Surplus
$41,100Undivided profits
Memoranda
$2,328Noncurrent loans and leases
$32,382Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,575Earning assets
$0Long-term assets (5+ years)
$2,614Average Assets, year-to-date
$332,632Average Assets, quarterly
$52,624Volatile liabilities
$370,268Insider loans
$386,587FHLB advances
$58,266Loans and leases held for sale
$20Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$32,382Total unused commitments
$0Restructured Loans and leases
$2,681Derivatives
Income and Expense (December 31, 2001)
Dollar figures in thousands
$12,862Total interest income
$5,740Total interest expense
$7,122Net interest income
$100Provision for loan and lease losses
$1,881Total noninterest income
$0Fiduciary activities
$1,255Service charges on deposit accounts
$0Trading account gains & fees
$626Additional noninterest income
$6,130Total noninterest expense
$3,098Salaries and employee benefits
$829Premises and equipment expense
$2,203Additional noninterest expense
$2,773Pre-tax net operating income
-$17Securities gains (losses)
$925Applicable income taxes
$1,831Income before extraordinary items
$0Extraordinary gains - net
$1,831Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$900Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2001)
Dollar figures in thousands
Performance Ratios (%, annualized)
3.93%Yield on earning assets
1.76%Cost of funding earning assets
2.18%Net interest margin
0.58%Noninterest income to earning assets
1.88%Noninterest expense to earning assets
0.50%Net operating income to assets
0.49%Return on assets (ROA)
0.74%Pretax return on assets
5.04%Return on equity (ROE)
5.04%Retained earnings to average equity (YTD only)
0.48%Net charge-offs to loans
11.11%Credit loss provision to net charge-offs
3.19%Efficiency ratio
59,980Assets per employee
4.29%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.16%Loss allowance to noncurrent loans
238.35%Noncurrent assets plus other real estate owned to assets
0.58%Noncurrent loans to loans
0.91%Net loans and leases to deposits
49.47%Net loans and leases to core deposits
59.58%Equity capital to assets
11.50%Core capital (leverage) ratio
7.17%Tier 1 risk-based capital ratio
12.38%Total risk-based capital ratio
Memoranda
$14Average assets
$370,268Average earning assets
$36,340Average equity
$326,914Average loans
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