The Wolfe City National Bank in Wolfe City in Wolfe City, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 29, 1993

  • The Wolfe City National Bank in Wolfe City in Wolfe City, Texas (TX)
  • Show street view No street view available for this location

The Wolfe City National Bank in Wolfe City - Overview

  • General
  • FDIC Certificate #: 5592
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Alliance Bank (#11569)
    Federal Reserve ID: 502269
    Date Established: March 08, 1889
    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 #: 3806
    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: July 29, 1993
    Last Structure Change Process Date: August 03, 1993
    Last Data Update: August 03, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: 101 East Main, Wolfe City, TX 75496
    County: Hunt
    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
    Metropolitan Statistical Area (MSA): Dallas, TX (#1920)
    Consolidated Metropolitan Statistical Area (CMSA): Dallas-Fort Worth, TX (#31)
    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: Dallas-Plano-Irving, TX (#19124)
  • History of Changes
  • Absorption - Assisted
    Corrections
  • Financial Summary
  • Total assets: $30.4 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $25Total assets
  • $42,751Cash and due from depository institutions
  • $2,277Interest-bearing balances
  • $100Securities
  • $12,479Federal funds sold & reverse repurchase agreements
  • $3,500Net loans & leases
  • $22,745Loan loss allowance
  • $938Trading account assets
  • $0Bank premises and fixed assets
  • $314Other real estate owned
  • $562Goodwill and other intangibles
  • $874Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $42,751Total liabilities
  • $42,701Total deposits
  • $42,593Interest-bearing deposits
  • $38,098Deposits held in domestic offices
  • 42593.00%% insured (estimated)
  • $94Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $108Total equity capital
  • $108Total bank equity capital
  • $50Perpetual preferred stock
  • $0Common stock
  • $145Surplus
  • $405Undivided profits
  • Memoranda
  • $-500Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,744Income earned, not collected on loans
  • $283Earning assets
  • $38,824Long-term assets (5+ years)
  • $5,544Average Assets, year-to-date
  • $46,541Average Assets, quarterly
  • $43,924Volatile liabilities
  • $4,798Insider loans
  • $203FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $50Total risk weighted assets
  • $22,921Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $3,385Total interest expense
  • $1,791Net interest income
  • $1,594Provision for loan and lease losses
  • $3,930Total noninterest income
  • $511Fiduciary activities
  • $0Service charges on deposit accounts
  • $423Trading account gains & fees
  • $0Additional noninterest income
  • $88Total noninterest expense
  • $1,884Salaries and employee benefits
  • $536Premises and equipment expense
  • $62Additional noninterest expense
  • $1,286Pre-tax net operating income
  • -$3,709Securities gains (losses)
  • $243Applicable income taxes
  • -$119Income before extraordinary items
  • -$3,347Extraordinary gains - net
  • $0Net income attributable to bank
  • -$3,347Net charge-offs
  • $3,485Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.98%Cost of funding earning assets
  • 4.22%Net interest margin
  • 3.76%Noninterest income to earning assets
  • 1.20%Noninterest expense to earning assets
  • 4.44%Net operating income to assets
  • -7.70%Return on assets (ROA)
  • -7.19%Pretax return on assets
  • -7.45%Return on equity (ROE)
  • -131.90%Retained earnings to average equity (YTD only)
  • -131.90%Net charge-offs to loans
  • 12.89%Credit loss provision to net charge-offs
  • 112.77%Efficiency ratio
  • 89,501Assets per employee
  • 1.71%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.96%Loss allowance to noncurrent loans
  • 25.05%Noncurrent assets plus other real estate owned to assets
  • 10.07%Noncurrent loans to loans
  • 15.81%Net loans and leases to deposits
  • 53.40%Net loans and leases to core deposits
  • 60.18%Equity capital to assets
  • 0.12%Core capital (leverage) ratio
  • 0.11%Tier 1 risk-based capital ratio
  • 0.22%Total risk-based capital ratio
  • Memoranda
  • $0Average assets
  • $46,541Average earning assets
  • $2,538Average equity
  • $42,411Average loans

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