First Northwestern Bank, National Association in Houston, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 28, 1997

  • First Northwestern Bank, National Association in Houston, Texas (TX)
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First Northwestern Bank, National Association - Overview

  • General
  • FDIC Certificate #: 25160
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Prime Bank (#17835)
    Federal Reserve ID: 848855
    Date Established: May 15, 1984
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Interstate: No)
    FDIC's unique #: 17409
    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: May 15, 1984
    Last Structure Change Effective Date: Febuary 28, 1997
    Last Structure Change Process Date: March 27, 1997
    Last Data Update: March 27, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 12200 Northwest Freeway, Houston, TX 77092
    County: Harris
    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
    Metropolitan Statistical Area (MSA): Houston, TX (#3360)
    Consolidated Metropolitan Statistical Area (CMSA): Houston-Galveston-Brazoria, TX (#42)
    Combined Statistical Area (CSA): Houston-Baytown-Huntsville, TX (#288)
    Core Based Statistical Area (CBSA): Houston-Sugar Land-Baytown, TX (#26420)
    CBSA Metro Statistical Area: Houston-Sugar Land-Baytown, TX (#26420)
  • History of Changes
  • Merger - Without Assistance
    Participated in Reorganization
    Corrections
  • Financial Summary
  • Total assets: $65.6 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $30Total assets
  • $65,564Cash and due from depository institutions
  • $4,383Interest-bearing balances
  • $199Securities
  • $9,605Federal funds sold & reverse repurchase agreements
  • $7,475Net loans & leases
  • $41,499Loan loss allowance
  • $473Trading account assets
  • $0Bank premises and fixed assets
  • $1,634Other real estate owned
  • $524Goodwill and other intangibles
  • $444Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $65,564Total liabilities
  • $59,614Total deposits
  • $59,327Interest-bearing deposits
  • $38,189Deposits held in domestic offices
  • 59327.00%% insured (estimated)
  • $87Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $287Total equity capital
  • $287Total bank equity capital
  • $5,950Perpetual preferred stock
  • $0Common stock
  • $1,963Surplus
  • $2,032Undivided profits
  • Memoranda
  • $1,955Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,040Income earned, not collected on loans
  • $244Earning assets
  • $58,778Long-term assets (5+ years)
  • $2,300Average Assets, year-to-date
  • $62,314Average Assets, quarterly
  • $64,088Volatile liabilities
  • $9,852Insider loans
  • $3,417FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $4,436Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $5,957Total risk weighted assets
  • $44,363Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $5,167Total interest expense
  • $1,581Net interest income
  • $3,586Provision for loan and lease losses
  • $110Total noninterest income
  • $670Fiduciary activities
  • $0Service charges on deposit accounts
  • $565Trading account gains & fees
  • $0Additional noninterest income
  • $105Total noninterest expense
  • $2,909Salaries and employee benefits
  • $1,421Premises and equipment expense
  • $368Additional noninterest expense
  • $1,120Pre-tax net operating income
  • $1,237Securities gains (losses)
  • $0Applicable income taxes
  • $534Income before extraordinary items
  • $703Extraordinary gains - net
  • $0Net income attributable to bank
  • $703Net charge-offs
  • $32Cash dividends
  • $147Sale, conversion, retirement of capital stock, net
  • $4Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 9.35%Cost of funding earning assets
  • 2.86%Net interest margin
  • 6.49%Noninterest income to earning assets
  • 1.21%Noninterest expense to earning assets
  • 5.27%Net operating income to assets
  • 1.13%Return on assets (ROA)
  • 1.13%Pretax return on assets
  • 1.99%Return on equity (ROE)
  • 12.66%Retained earnings to average equity (YTD only)
  • 10.01%Net charge-offs to loans
  • 0.08%Credit loss provision to net charge-offs
  • 343.75%Efficiency ratio
  • 68,351Assets per employee
  • 2.19%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 20.91%Loss allowance to loans
  • 1.13%Loss allowance to noncurrent loans
  • 45.48%Noncurrent assets plus other real estate owned to assets
  • 2.39%Noncurrent loans to loans
  • 2.48%Net loans and leases to deposits
  • 69.95%Net loans and leases to core deposits
  • 83.88%Equity capital to assets
  • 9.08%Core capital (leverage) ratio
  • 9.18%Tier 1 risk-based capital ratio
  • 13.43%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $62,314Average earning assets
  • $5,554Average equity
  • $55,237Average loans

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