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

This bank is inactive as of May 09, 1997

  • Norwest Bank Texas, Robstown, National Association in Robstown, Texas (TX)
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Norwest Bank Texas, Robstown, National Association - Overview

  • General
  • FDIC Certificate #: 14414
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Norwest Bank Texas, South, National Association (#5511)
    Federal Reserve ID: 30669
    Date Established: January 01, 1934
    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)
    FDIC's unique #: 9005
    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 28, 1934
    Last Structure Change Effective Date: May 09, 1997
    Last Structure Change Process Date: June 03, 1997
    Last Data Update: June 03, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 1150 East Main Street, Robstown, TX 78380
    County: Nueces
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Houston
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Corpus Christi, TX (#1880)
    Combined Statistical Area (CSA): Corpus Christi-Kingsville, TX (#204)
    Core Based Statistical Area (CBSA): Corpus Christi, TX (#18580)
    CBSA Metro Statistical Area: Corpus Christi, TX (#18580)
  • Financial Summary
  • Total assets: $61.9 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)
  • $27Total assets
  • $64,798Cash and due from depository institutions
  • $2,297Interest-bearing balances
  • $0Securities
  • $13,338Federal funds sold & reverse repurchase agreements
  • $32,755Net loans & leases
  • $14,276Loan loss allowance
  • $1,443Trading account assets
  • $0Bank premises and fixed assets
  • $1,222Other real estate owned
  • $231Goodwill and other intangibles
  • $679Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $64,798Total liabilities
  • $56,316Total deposits
  • $54,039Interest-bearing deposits
  • $46,348Deposits held in domestic offices
  • 54039.00%% insured (estimated)
  • $93Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $2,277Total equity capital
  • $2,277Total bank equity capital
  • $8,482Perpetual preferred stock
  • $0Common stock
  • $1,174Surplus
  • $8,476Undivided profits
  • Memoranda
  • $-1,168Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $977Income earned, not collected on loans
  • $117Earning assets
  • $60,369Long-term assets (5+ years)
  • $8,063Average Assets, year-to-date
  • $67,661Average Assets, quarterly
  • $65,991Volatile liabilities
  • $10,031Insider loans
  • $15FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $240Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $8,557Total risk weighted assets
  • $23,999Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $4,319Total interest expense
  • $2,319Net interest income
  • $2,000Provision for loan and lease losses
  • $953Total noninterest income
  • $495Fiduciary activities
  • $0Service charges on deposit accounts
  • $412Trading account gains & fees
  • $0Additional noninterest income
  • $83Total noninterest expense
  • $3,226Salaries and employee benefits
  • $988Premises and equipment expense
  • $204Additional noninterest expense
  • $2,034Pre-tax net operating income
  • -$1,684Securities gains (losses)
  • -$37Applicable income taxes
  • -$628Income before extraordinary items
  • -$1,093Extraordinary gains - net
  • $0Net income attributable to bank
  • -$1,093Net charge-offs
  • $2,070Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.05%Cost of funding earning assets
  • 3.79%Net interest margin
  • 3.27%Noninterest income to earning assets
  • 0.81%Noninterest expense to earning assets
  • 5.27%Net operating income to assets
  • -1.58%Return on assets (ROA)
  • -1.62%Pretax return on assets
  • -2.54%Return on equity (ROE)
  • -13.03%Retained earnings to average equity (YTD only)
  • -13.03%Net charge-offs to loans
  • 9.03%Credit loss provision to net charge-offs
  • 46.04%Efficiency ratio
  • 122,044Assets per employee
  • 2.40%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 9.18%Loss allowance to noncurrent loans
  • 147.70%Noncurrent assets plus other real estate owned to assets
  • 1.86%Noncurrent loans to loans
  • 6.22%Net loans and leases to deposits
  • 26.42%Net loans and leases to core deposits
  • 32.44%Equity capital to assets
  • 13.09%Core capital (leverage) ratio
  • 12.72%Tier 1 risk-based capital ratio
  • 35.66%Total risk-based capital ratio
  • Memoranda
  • $37Average assets
  • $67,661Average earning assets
  • $8,389Average equity
  • $61,222Average loans

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