FDIC Certificate #: 31123 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Woodforest National Bank (#23220) Federal Reserve ID: 765774 Date Established: January 01, 1958 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 18047 FDIC's unique #: 43957 Numeric code: 33 Regulator: OTS Insurance Fund Membership: Deposit Insurance Fund (DIF) FDIC Insured: Yes Insured Savings Institution: Yes Deposit Insurance Fund member: Yes State Chartered: No Date of Deposit Insurance: March 29, 1960 Last Structure Change Effective Date: May 01, 2011 Last Structure Change Process Date: May 10, 2011 Last Data Update: May 10, 2011 Data Source Date: April 05, 2012
Location
Address: 707 Commerce, Refugio, TX 78377 County: Refugio Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Houston Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: West
Financial Summary
Total assets: $171.1 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2010)
Dollar figures in thousands
775Total employees (full-time equivalent)
$134,941Total assets
$40,374Cash and due from depository institutions
$738Interest-bearing balances
$2,822Securities
$2,041Federal funds sold & reverse repurchase agreements
$72,082Net loans & leases
$845Loan loss allowance
$0Trading account assets
$8,157Bank premises and fixed assets
$0Other real estate owned
$2,350Goodwill and other intangibles
$0Life insurance assets
$7,115All other assets
$134,941Total liabilities and capital
$118,630Total liabilities
$82,587Total deposits
$38,511Interest-bearing deposits
$82,587Deposits held in domestic offices
98.11%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$27,000Other borrowed funds
$0Subordinated debt
$9,043All other liabilities
$16,311Total equity capital
$16,311Total bank equity capital
$16,311Perpetual preferred stock
$0Common stock
$254Surplus
$37,429Undivided profits
Memoranda
$-21,372Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$21Earning assets
$0Long-term assets (5+ years)
$270Average Assets, year-to-date
$77,683Average Assets, quarterly
$0Volatile liabilities
$125,208Insider loans
$138,081FHLB advances
$31,150Loans and leases held for sale
$0Unused loan commitments
$27,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$0Restructured Loans and leases
$845Derivatives
Income and Expense (December 31, 2010)
Dollar figures in thousands
$2,776Total interest income
$311Total interest expense
$2,465Net interest income
-$36Provision for loan and lease losses
$59,731Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$59,731Additional noninterest income
$79,336Total noninterest expense
$29,329Salaries and employee benefits
$17,871Premises and equipment expense
$32,136Additional noninterest expense
-$17,104Pre-tax net operating income
-$234Securities gains (losses)
$0Applicable income taxes
-$17,338Income before extraordinary items
$0Extraordinary gains - net
-$17,338Net income attributable to bank
$0Net charge-offs
-$17,338Cash dividends
-$506Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2010)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.21%Yield on earning assets
0.47%Cost of funding earning assets
3.74%Net interest margin
90.55%Noninterest income to earning assets
120.27%Noninterest expense to earning assets
-13.66%Net operating income to assets
-13.85%Return on assets (ROA)
-13.85%Pretax return on assets
-121.20%Return on equity (ROE)
-121.20%Retained earnings to average equity (YTD only)
-0.83%Net charge-offs to loans
7.11%Credit loss provision to net charge-offs
0.00%Efficiency ratio
127,558Assets per employee
0.17%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.16%Loss allowance to noncurrent loans
4023.81%Noncurrent assets plus other real estate owned to assets
0.02%Noncurrent loans to loans
0.03%Net loans and leases to deposits
87.28%Net loans and leases to core deposits
91.90%Equity capital to assets
12.09%Core capital (leverage) ratio
10.49%Tier 1 risk-based capital ratio
15.46%Total risk-based capital ratio
Memoranda
$16Average assets
$125,208Average earning assets
$14,306Average equity
$65,966Average loans
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