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- Banks in Texas (TX)
- Fort Worth National Bank
Fort Worth National Bank in Fort Worth, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches
This bank is inactive as of September 29, 2008
- Fort Worth National Bank in Fort Worth, Texas (TX)
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Fort Worth National Bank - Overview
- General
- FDIC Certificate #: 34990
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Southside Bank (#18297)
Federal Reserve ID: 2736349
Date Established: April 12, 1999
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 3 (Interstate: No)
FDIC's unique #: 73812
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
State Chartered: No
Date of Deposit Insurance: April 12, 1999
Last Structure Change Effective Date: September 29, 2008
Last Structure Change Process Date: October 01, 2008
Last Data Update: October 01, 2008
Data Source Date: April 05, 2012 - Location
- Address: 701 West Magnolia, Fort Worth, TX 76104
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) - Financial Summary
- Total assets: $165.6 mil
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2007)
- Dollar figures in thousands
- 29Total employees (full-time equivalent)
- $156,098Total assets
- $4,409Cash and due from depository institutions
- $794Interest-bearing balances
- $13,619Securities
- $0Federal funds sold & reverse repurchase agreements
- $105,992Net loans & leases
- $1,048Loan loss allowance
- $0Trading account assets
- $5,262Bank premises and fixed assets
- $0Other real estate owned
- $21,379Goodwill and other intangibles
- $3,383Life insurance assets
- $5,437All other assets
- $156,098Total liabilities and capital
- $118,988Total liabilities
- $110,935Total deposits
- $88,175Interest-bearing deposits
- $110,935Deposits held in domestic offices
- 0.00%% insured (estimated)
- $7,023Federal funds purchased & repurchase agreements
- $0Trading liabilities
- $0Other borrowed funds
- $0Subordinated debt
- $1,030All other liabilities
- $37,110Total equity capital
- $37,110Total bank equity capital
- $37,110Perpetual preferred stock
- $0Common stock
- $3,528Surplus
- $33,428Undivided profits
- Memoranda
- $154Noncurrent loans and leases
- $19,834Noncurrent loans that are wholly or partially guaranteed by the U.S. government
- $0Income earned, not collected on loans
- $44Earning assets
- $0Long-term assets (5+ years)
- $561Average Assets, year-to-date
- $120,405Average Assets, quarterly
- $11,646Volatile liabilities
- $132,931Insider loans
- $140,399FHLB advances
- $43,150Loans and leases held for sale
- $0Unused loan commitments
- $0Tier 1 (core) risk-based capital
- $0Tier 2 risk-based capital
- $0Total risk weighted assets
- $19,834Total unused commitments
- $22Restructured Loans and leases
- $1,048Derivatives
Income and Expense (December 31, 2007)
- Dollar figures in thousands
- $2,285Total interest income
- $981Total interest expense
- $1,304Net interest income
- $152Provision for loan and lease losses
- $149Total noninterest income
- $0Fiduciary activities
- $93Service charges on deposit accounts
- $0Trading account gains & fees
- $56Additional noninterest income
- $1,058Total noninterest expense
- $576Salaries and employee benefits
- $119Premises and equipment expense
- $363Additional noninterest expense
- $243Pre-tax net operating income
- $0Securities gains (losses)
- $123Applicable income taxes
- $120Income before extraordinary items
- $0Extraordinary gains - net
- $120Net income attributable to bank
- $0Net charge-offs
- $0Cash dividends
- $13Sale, conversion, retirement of capital stock, net
- $0Net operating income
Performance and Condition Ratios (December 31, 2007)
- Dollar figures in thousands
- Performance Ratios (%, annualized)
- 1.98%Yield on earning assets
- 0.85%Cost of funding earning assets
- 1.13%Net interest margin
- 0.13%Noninterest income to earning assets
- 0.92%Noninterest expense to earning assets
- 0.09%Net operating income to assets
- 0.09%Return on assets (ROA)
- 0.18%Pretax return on assets
- 0.62%Return on equity (ROE)
- 0.62%Retained earnings to average equity (YTD only)
- 0.01%Net charge-offs to loans
- 1169.23%Credit loss provision to net charge-offs
- 30.38%Efficiency ratio
- 64,418Assets per employee
- 5.38%Cash dividends to net income (YTD only)
- Condition Ratios (%)
- 0.00%Loss allowance to loans
- 0.98%Loss allowance to noncurrent loans
- 2381.82%Noncurrent assets plus other real estate owned to assets
- 0.03%Noncurrent loans to loans
- 0.04%Net loans and leases to deposits
- 95.54%Net loans and leases to core deposits
- 141.69%Equity capital to assets
- 23.77%Core capital (leverage) ratio
- 13.13%Tier 1 risk-based capital ratio
- 14.54%Total risk-based capital ratio
- Memoranda
- $16Average assets
- $132,931Average earning assets
- $19,227Average equity
- $115,350Average loans
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- Banks in Texas (TX)
- Fort Worth National Bank
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