Woodhaven National Bank in Fort Worth, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches


Woodhaven National Bank - Overview

  • General
  • FDIC Certificate #: 24551
    Status: Active
    Federal Reserve ID: 513050
    Bank Holding Company (Regulatory Top Holder): Myers Bancshares, Inc. (RSSDID: 3207387, Location: Fort Worth, TX)
    Date Established: June 07, 1983
    WWW: http://www.woodhavenbank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 8 (Domestic: 8, Interstate: No)
    FDIC's unique #: 17056
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: June 07, 1983
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 6750 Bridge Street, Fort Worth, TX 76112
    County: Tarrant
    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): Fort Worth-Arlington, TX (#2800)
    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: Fort Worth-Arlington, TX (#23104)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $413.6 mil
    Equity capital: $37.1 mil
    Deposits held in domestic offices: $364.7 mil
    Return on assets (ROA): 1.37% ($5.7 mil)
    Quarterly return on assets: 1.65% ($6.8 mil)
    Return on Equity (ROE): 16.17% ($6.0 mil)
    Quarterly return on equity: 19.02% ($7.0 mil)
    Net income: $5.7 mil
    Quarterly Net income: $1.7 mil
    Pretax return on assets: 1.38% ($5,708.3 mil)
    Quarterly Pretax return on assets: 1.65% ($6,825.1 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, 2011)

  • Dollar figures in thousands
  • 87Total employees (full-time equivalent)
  • $413,644Total assets
  • $49,526Cash and due from depository institutions
  • $38,551Interest-bearing balances
  • $57,406Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $296,289Net loans & leases
  • $3,558Loan loss allowance
  • $0Trading account assets
  • $2,827Bank premises and fixed assets
  • $2,377Other real estate owned
  • $0Goodwill and other intangibles
  • $413,644Life insurance assets
  • $5,219All other assets
  • $376,539Total liabilities and capital
  • $364,681Total liabilities
  • $293,550Total deposits
  • $364,681Interest-bearing deposits
  • $76Deposits held in domestic offices
  • 5490.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $4,854Trading liabilities
  • $0Other borrowed funds
  • $1,514Subordinated debt
  • $37,105All other liabilities
  • $37,105Total equity capital
  • $37,105Total bank equity capital
  • $0Perpetual preferred stock
  • $965Common stock
  • $11,482Surplus
  • $24,658Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,705Income earned, not collected on loans
  • $0Earning assets
  • $1,492Long-term assets (5+ years)
  • $392,246Average Assets, year-to-date
  • $76,323Average Assets, quarterly
  • $412,782Volatile liabilities
  • $423,121Insider loans
  • $294,591FHLB advances
  • $433,823Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $35,613Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $42,476Restructured Loans and leases
  • $2,932Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $19,891Total interest income
  • $2,919Total interest expense
  • $16,972Net interest income
  • $658Provision for loan and lease losses
  • $1,245Total noninterest income
  • $0Fiduciary activities
  • $860Service charges on deposit accounts
  • $0Trading account gains & fees
  • $385Additional noninterest income
  • $11,869Total noninterest expense
  • $6,583Salaries and employee benefits
  • $1,921Premises and equipment expense
  • $3,365Additional noninterest expense
  • $5,690Pre-tax net operating income
  • -$2Securities gains (losses)
  • $30Applicable income taxes
  • $5,658Income before extraordinary items
  • $0Extraordinary gains - net
  • $5,658Net income attributable to bank
  • $0Net charge-offs
  • $5,658Cash dividends
  • $751Sale, conversion, retirement of capital stock, net
  • $2,750Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.08%Yield on earning assets
  • 0.75%Cost of funding earning assets
  • 4.34%Net interest margin
  • 0.32%Noninterest income to earning assets
  • 3.03%Noninterest expense to earning assets
  • 1.37%Net operating income to assets
  • 1.37%Return on assets (ROA)
  • 1.38%Pretax return on assets
  • 16.17%Return on equity (ROE)
  • 8.31%Retained earnings to average equity (YTD only)
  • 0.25%Net charge-offs to loans
  • 87.62%Credit loss provision to net charge-offs
  • 8.45%Efficiency ratio
  • 65,153Assets per employee
  • 4.75%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 48.60%Loss allowance to loans
  • 1.19%Loss allowance to noncurrent loans
  • 131.53%Noncurrent assets plus other real estate owned to assets
  • 1.23%Noncurrent loans to loans
  • 0.90%Net loans and leases to deposits
  • 81.25%Net loans and leases to core deposits
  • 86.56%Equity capital to assets
  • 8.97%Core capital (leverage) ratio
  • 8.21%Tier 1 risk-based capital ratio
  • 12.09%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $412,782Average earning assets
  • $34,987Average equity
  • $391,295Average loans

List of branches

  • 8 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    017056Woodhaven National Bank6750 Bridge Street, Fort Worth, TX 76112June 07, 1983Full Service Brick and Mortar
    1257496Lakewood Branch5100 Randol Mill Road, Fort Worth, TX 76112Febuary 21, 1995Full Service Brick and Mortar
    4360958Mansfield East Branch1700 East Broad, Mansfield, TX 76063August 11, 2000Full Service Brick and Mortar
    5362559Rhome BranchIntersection Of Hwy 114 And 28, Rhome, TX 76078November 19, 2001Full Service Brick and Mortar
    6429775Ridglea Bank Branch3325 Fairfield Ave, Fort Worth, TX 76116November 26, 2003Full Service Brick and Mortar
    7454566Northeast Branch4607 Colleyville Boulevard, Colleyville, TX 76034June 30, 2006Full Service Brick and Mortar
    8465878Beach Street Branch6301 North Beach Street, Fort Worth, TX 76137July 31, 2006Full Service Brick and Mortar
    9493133Mercantile Branch2229-A West Park Row, Pantego, TX 76013August 25, 2008Full Service Brick and Mortar

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