Norwest Bank Texas, New Braunfels in New Braunfels, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 27, 1996

Norwest Bank Texas, New Braunfels in New Braunfels, Texas (TX)
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Norwest Bank Texas, New Braunfels - Overview

General
FDIC Certificate #: 26784
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Norwest Bank Texas, South Central (#16931)
Federal Reserve ID: 954569
Date Established: September 22, 1986
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 1 (Interstate: No)
OTS Docket #: 10626
FDIC's unique #: 35932
Numeric code: 13
Regulator: FED
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: September 22, 1986
Last Structure Change Effective Date: September 27, 1996
Last Structure Change Process Date: October 31, 1996
Last Data Update: October 31, 1996
Data Source Date: April 05, 2012
Location
Address: 315 Landa Street, New Braunfels, TX 78130
County: Comal
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Austin
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
Metropolitan Statistical Area (MSA): San Antonio, TX (#7240)
Core Based Statistical Area (CBSA): San Antonio-New Braunfels, TX (#41700)
CBSA Metro Statistical Area: San Antonio-New Braunfels, TX (#41700)
Financial Summary
Total assets: $46.5 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)
$23Total assets
$47,675Cash and due from depository institutions
$5,036Interest-bearing balances
$246Securities
$12,276Federal funds sold & reverse repurchase agreements
$5,710Net loans & leases
$19,299Loan loss allowance
$409Trading account assets
$0Bank premises and fixed assets
$898Other real estate owned
$0Goodwill and other intangibles
$818Life insurance assets
$3,638All other assets
$0Total liabilities and capital
$47,675Total liabilities
$40,606Total deposits
$40,313Interest-bearing deposits
$30,884Deposits held in domestic offices
40313.00%% insured (estimated)
$89Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$45Subordinated debt
$0All other liabilities
$248Total equity capital
$248Total bank equity capital
$7,069Perpetual preferred stock
$0Common stock
$1,250Surplus
$5,624Undivided profits
Memoranda
$195Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$114Income earned, not collected on loans
$161Earning assets
$37,531Long-term assets (5+ years)
$2,643Average Assets, year-to-date
$46,376Average Assets, quarterly
$47,354Volatile liabilities
$982Insider loans
$1,117FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$2,554Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$3,309Total risk weighted assets
$23,484Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$1,969Total interest expense
$647Net interest income
$1,322Provision for loan and lease losses
$100Total noninterest income
$271Fiduciary activities
$0Service charges on deposit accounts
$216Trading account gains & fees
$0Additional noninterest income
$55Total noninterest expense
$1,163Salaries and employee benefits
$486Premises and equipment expense
$95Additional noninterest expense
$582Pre-tax net operating income
$330Securities gains (losses)
-$2Applicable income taxes
$165Income before extraordinary items
$163Extraordinary gains - net
$0Net income attributable to bank
$163Net charge-offs
$68Cash dividends
$90Sale, 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
5.09%Cost of funding earning assets
1.67%Net interest margin
3.42%Noninterest income to earning assets
0.70%Noninterest expense to earning assets
3.00%Net operating income to assets
0.35%Return on assets (ROA)
0.35%Pretax return on assets
0.71%Return on equity (ROE)
2.93%Retained earnings to average equity (YTD only)
1.31%Net charge-offs to loans
0.35%Credit loss provision to net charge-offs
147.06%Efficiency ratio
62,398Assets per employee
2.07%Cash dividends to net income (YTD only)
Condition Ratios (%)
55.21%Loss allowance to loans
2.08%Loss allowance to noncurrent loans
358.77%Noncurrent assets plus other real estate owned to assets
0.24%Noncurrent loans to loans
0.58%Net loans and leases to deposits
47.87%Net loans and leases to core deposits
49.01%Equity capital to assets
14.83%Core capital (leverage) ratio
7.75%Tier 1 risk-based capital ratio
14.09%Total risk-based capital ratio
Memoranda
$15Average assets
$46,376Average earning assets
$5,572Average equity
$38,705Average loans

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