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

This bank is inactive as of October 26, 2001

  • Northwest Bank, National Association in Houston, Texas (TX)
  • Show street view No street view available for this location

Northwest Bank, National Association - Overview

  • General
  • FDIC Certificate #: 27273
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Whitney National Bank (#18538)
    Federal Reserve ID: 1193516
    Date Established: June 23, 1988
    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)
    OTS Docket #: 12639
    FDIC's unique #: 39409
    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: June 23, 1988
    Last Structure Change Effective Date: October 26, 2001
    Last Structure Change Process Date: November 13, 2001
    Last Data Update: November 13, 2001
    Data Source Date: April 05, 2012
  • Location
  • Address: 1716 Mangum Road, 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)
  • Financial Summary
  • Total assets: $171.1 mil

1992 - 1999 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, 2000)

  • Dollar figures in thousands
  • 75Total employees (full-time equivalent)
  • $160,997Total assets
  • $13,302Cash and due from depository institutions
  • $4,116Interest-bearing balances
  • $50,533Securities
  • $14,350Federal funds sold & reverse repurchase agreements
  • $75,510Net loans & leases
  • $1,148Loan loss allowance
  • $0Trading account assets
  • $5,175Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $2,127All other assets
  • $160,997Total liabilities and capital
  • $146,565Total liabilities
  • $132,467Total deposits
  • $88,486Interest-bearing deposits
  • $132,467Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $12,449Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $1,132Other borrowed funds
  • $0Subordinated debt
  • $517All other liabilities
  • $14,432Total equity capital
  • $14,432Total bank equity capital
  • $14,432Perpetual preferred stock
  • $0Common stock
  • $5,000Surplus
  • $5,000Undivided profits
  • Memoranda
  • $4,432Noncurrent loans and leases
  • $31,423Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $69Earning assets
  • $0Long-term assets (5+ years)
  • $512Average Assets, year-to-date
  • $144,509Average Assets, quarterly
  • $7,916Volatile liabilities
  • $156,039Insider loans
  • $155,853FHLB advances
  • $25,361Loans and leases held for sale
  • $285Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $31,423Total unused commitments
  • $0Restructured Loans and leases
  • $1,137Derivatives

Income and Expense (December 31, 2000)

  • Dollar figures in thousands
  • $10,602Total interest income
  • $3,817Total interest expense
  • $6,785Net interest income
  • $110Provision for loan and lease losses
  • $1,030Total noninterest income
  • $0Fiduciary activities
  • $589Service charges on deposit accounts
  • $0Trading account gains & fees
  • $441Additional noninterest income
  • $5,919Total noninterest expense
  • $3,772Salaries and employee benefits
  • $937Premises and equipment expense
  • $1,210Additional noninterest expense
  • $1,786Pre-tax net operating income
  • $0Securities gains (losses)
  • $441Applicable income taxes
  • $1,345Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,345Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $227Sale, conversion, retirement of capital stock, net
  • $3,500Net operating income

Performance and Condition Ratios (December 31, 2000)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.47%Yield on earning assets
  • 2.69%Cost of funding earning assets
  • 4.78%Net interest margin
  • 0.73%Noninterest income to earning assets
  • 4.17%Noninterest expense to earning assets
  • 0.86%Net operating income to assets
  • 0.86%Return on assets (ROA)
  • 1.14%Pretax return on assets
  • 8.46%Return on equity (ROE)
  • -13.55%Retained earnings to average equity (YTD only)
  • 0.33%Net charge-offs to loans
  • 48.46%Credit loss provision to net charge-offs
  • 8.35%Efficiency ratio
  • 75,739Assets per employee
  • 2.15%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 260.22%Loss allowance to loans
  • 1.50%Loss allowance to noncurrent loans
  • 1663.77%Noncurrent assets plus other real estate owned to assets
  • 0.04%Noncurrent loans to loans
  • 0.09%Net loans and leases to deposits
  • 57.00%Net loans and leases to core deposits
  • 62.57%Equity capital to assets
  • 8.96%Core capital (leverage) ratio
  • 9.37%Tier 1 risk-based capital ratio
  • 15.87%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $156,039Average earning assets
  • $15,903Average equity
  • $141,997Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Northwest Bank, National Association.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents