Bank of the West in Grapevine, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

Bank of the West - Overview

  • General
  • FDIC Certificate #: 26627
    Status: Active
    Federal Reserve ID: 859552
    Bank Holding Company (Regulatory Top Holder): Greater Southwest Bancshares, Inc. (RSSDID: 1141384, Location: Grapevine, TX)
    Date Established: April 01, 1986
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 10 (Domestic: 10, Interstate: No)
    FDIC's unique #: 35351
    Numeric code: 21
    Regulator: FDIC
    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: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: April 01, 1986
    Last Structure Change Effective Date: May 02, 2009
    Last Structure Change Process Date: May 18, 2009
    Last Data Update: May 18, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 108 West Northwest Highway, Grapevine, TX 76051
    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
  • Office Purchased
  • Financial Summary
  • Total assets: $330.1 mil
    Equity capital: $33.5 mil
    Deposits held in domestic offices: $296.1 mil
    Return on assets (ROA): 0.78% ($2.6 mil)
    Quarterly return on assets: 0.55% ($1.8 mil)
    Return on Equity (ROE): 8.03% ($2.6 mil)
    Quarterly return on equity: 5.47% ($1.8 mil)
    Net income: $2.4 mil
    Quarterly Net income: $0.5 mil
    Pretax return on assets: 0.78% ($2,574.8 mil)
    Quarterly Pretax return on assets: 0.55% ($1,815.5 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
  • 78Total employees (full-time equivalent)
  • $330,098Total assets
  • $63,838Cash and due from depository institutions
  • $58,069Interest-bearing balances
  • $54,470Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $177,677Net loans & leases
  • $2,687Loan loss allowance
  • $0Trading account assets
  • $22,567Bank premises and fixed assets
  • $5,168Other real estate owned
  • $693Goodwill and other intangibles
  • $330,098Life insurance assets
  • $5,685All other assets
  • $296,640Total liabilities and capital
  • $296,144Total liabilities
  • $182,763Total deposits
  • $296,144Interest-bearing deposits
  • $84Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $496Subordinated debt
  • $33,458All other liabilities
  • $33,458Total equity capital
  • $33,458Total bank equity capital
  • $0Perpetual preferred stock
  • $1,010Common stock
  • $24,931Surplus
  • $7,517Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $3,288Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $70Income earned, not collected on loans
  • $0Earning assets
  • $1,398Long-term assets (5+ years)
  • $290,216Average Assets, year-to-date
  • $89,992Average Assets, quarterly
  • $312,699Volatile liabilities
  • $330,224Insider loans
  • $201,999FHLB advances
  • $335,205Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $31,031Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $20,508Restructured Loans and leases
  • $42Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $12,995Total interest income
  • $1,519Total interest expense
  • $11,476Net interest income
  • $774Provision for loan and lease losses
  • $4,554Total noninterest income
  • $0Fiduciary activities
  • $1,123Service charges on deposit accounts
  • $0Trading account gains & fees
  • $3,431Additional noninterest income
  • $12,983Total noninterest expense
  • $7,201Salaries and employee benefits
  • $2,149Premises and equipment expense
  • $3,633Additional noninterest expense
  • $2,273Pre-tax net operating income
  • $173Securities gains (losses)
  • $0Applicable income taxes
  • $2,446Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,446Net income attributable to bank
  • $0Net charge-offs
  • $2,446Cash dividends
  • $274Sale, conversion, retirement of capital stock, net
  • $861Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.75%Yield on earning assets
  • 0.56%Cost of funding earning assets
  • 4.20%Net interest margin
  • 1.66%Noninterest income to earning assets
  • 4.75%Noninterest expense to earning assets
  • 0.73%Net operating income to assets
  • 0.78%Return on assets (ROA)
  • 0.78%Pretax return on assets
  • 8.03%Return on equity (ROE)
  • 5.20%Retained earnings to average equity (YTD only)
  • 0.15%Net charge-offs to loans
  • 282.48%Credit loss provision to net charge-offs
  • 11.12%Efficiency ratio
  • 80,711Assets per employee
  • 4.23%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 35.20%Loss allowance to loans
  • 1.49%Loss allowance to noncurrent loans
  • 3838.57%Noncurrent assets plus other real estate owned to assets
  • 1.59%Noncurrent loans to loans
  • 0.04%Net loans and leases to deposits
  • 60.00%Net loans and leases to core deposits
  • 61.62%Equity capital to assets
  • 10.14%Core capital (leverage) ratio
  • 9.26%Tier 1 risk-based capital ratio
  • 15.36%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $312,699Average earning assets
  • $30,457Average equity
  • $273,560Average loans

List of branches

  • 10 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    035351Bank Of The West108 West Northwest Highway, Grapevine, TX 76051April 01, 1986Full Service Brick and Mortar
    1259771Belt Line Branch950 North Belt Line Road, Irving, TX 75061Febuary 15, 1994Full Service Brick and Mortar
    6259775Irving Blvd2400 W Irving Blvd, Irving, TX 75061Febuary 03, 1998Full Service Brick and Mortar
    7356590William D. Tate Branch4100 William D. Tate Ave, Grapevine, TX 76051June 26, 2000Full Service Brick and Mortar
    9282587Lewisville Branch329 West Main Street, Lewisville, TX 75057January 01, 1955Full Service Brick and Mortar
    10439263Carollton Branch2015 East Belt Line Road, Carrollton, TX 75006December 06, 2004Full Service Brick and Mortar
    11450697Ponder Texas Branch301 North Highway 156, Ponder, TX 76259April 17, 2006Full Service Brick and Mortar
    12453479Grapevine Main Branch108 West Northwest Hwy, Grapevine, TX 76051June 20, 2006Full Service Brick and Mortar
    13252824Detached Facility2012 Pease Street, Vernon, TX 76384January 12, 1976Limited Service Facility
    14490146Vernon Branch1630 Hillcrest Street, Vernon, TX 76384January 21, 1974Full Service Brick and Mortar

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