Norwest Bank Texas, Canyon, National Association in Canyon, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 01, 1996

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

Norwest Bank Texas, Canyon, National Association - Overview

  • General
  • FDIC Certificate #: 14216
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Wells Fargo Bank Texas, National Association (#14533)
    Federal Reserve ID: 1007855
    Date Established: January 01, 1900
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Interstate: No)
    OTS Docket #: 9991
    FDIC's unique #: 8876
    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: April 04, 1934
    Last Structure Change Effective Date: Febuary 01, 1996
    Last Structure Change Process Date: Febuary 12, 1996
    Last Data Update: Febuary 12, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 1401 Fourth Avenue, Canyon, TX 79015
    County: Randall
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Lubbock
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Amarillo, TX (#320)
    Core Based Statistical Area (CBSA): Amarillo, TX (#11100)
    CBSA Metro Statistical Area: Amarillo, TX (#11100)
  • Financial Summary
  • Total assets: $64.4 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $18Total assets
  • $64,381Cash and due from depository institutions
  • $2,577Interest-bearing balances
  • $8Securities
  • $31,014Federal funds sold & reverse repurchase agreements
  • $6,780Net loans & leases
  • $21,561Loan loss allowance
  • $383Trading account assets
  • $0Bank premises and fixed assets
  • $866Other real estate owned
  • $0Goodwill and other intangibles
  • $1,583Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $64,381Total liabilities
  • $60,074Total deposits
  • $59,547Interest-bearing deposits
  • $53,927Deposits held in domestic offices
  • 59547.00%% insured (estimated)
  • $95Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $527Total equity capital
  • $527Total bank equity capital
  • $4,307Perpetual preferred stock
  • $0Common stock
  • $650Surplus
  • $650Undivided profits
  • Memoranda
  • $3,007Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $111Income earned, not collected on loans
  • $461Earning assets
  • $59,363Long-term assets (5+ years)
  • $26,205Average Assets, year-to-date
  • $65,234Average Assets, quarterly
  • $64,568Volatile liabilities
  • $7,517Insider loans
  • $1,600FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $5,944Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $3,532Total risk weighted assets
  • $32,487Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $5,077Total interest expense
  • $2,191Net interest income
  • $2,886Provision for loan and lease losses
  • $200Total noninterest income
  • $284Fiduciary activities
  • $0Service charges on deposit accounts
  • $208Trading account gains & fees
  • $0Additional noninterest income
  • $76Total noninterest expense
  • $1,980Salaries and employee benefits
  • $765Premises and equipment expense
  • $214Additional noninterest expense
  • $1,001Pre-tax net operating income
  • $990Securities gains (losses)
  • -$97Applicable income taxes
  • $317Income before extraordinary items
  • $576Extraordinary gains - net
  • $0Net income attributable to bank
  • $576Net charge-offs
  • $264Cash dividends
  • $3,845Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.41%Cost of funding earning assets
  • 3.63%Net interest margin
  • 4.78%Noninterest income to earning assets
  • 0.47%Noninterest expense to earning assets
  • 3.28%Net operating income to assets
  • 0.98%Return on assets (ROA)
  • 0.88%Pretax return on assets
  • 1.37%Return on equity (ROE)
  • 13.12%Retained earnings to average equity (YTD only)
  • -74.47%Net charge-offs to loans
  • 1.16%Credit loss provision to net charge-offs
  • 75.76%Efficiency ratio
  • 62,461Assets per employee
  • 3.58%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 667.53%Loss allowance to loans
  • 1.75%Loss allowance to noncurrent loans
  • 345.05%Noncurrent assets plus other real estate owned to assets
  • 0.17%Noncurrent loans to loans
  • 0.51%Net loans and leases to deposits
  • 36.21%Net loans and leases to core deposits
  • 41.44%Equity capital to assets
  • 6.69%Core capital (leverage) ratio
  • 5.45%Tier 1 risk-based capital ratio
  • 10.87%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $65,234Average earning assets
  • $4,390Average equity
  • $60,372Average loans

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