POINTWEST BANK in West, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • General
  • FDIC Certificate #: 13600
    Status: Active
    Federal Reserve ID: 292467
    Bank Holding Company (Regulatory Top Holder): West Bancshares, Inc. (RSSDID: 1105359, Location: West, TX)
    Date Established: January 01, 1893
    WWW: http://www.pointwestbank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    FDIC's unique #: 8505
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: January 09, 1934
    Last Structure Change Effective Date: June 22, 2007
    Last Structure Change Process Date: July 17, 2007
    Last Data Update: July 17, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 200 West Oak Street, West, TX 76691
    County: Mclennan
    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): Waco, TX (#8800)
    Core Based Statistical Area (CBSA): Waco, TX (#47380)
    CBSA Metro Statistical Area: Waco, TX (#47380)
  • History of Changes
  • Name Change
  • Financial Summary
  • Total assets: $80.9 mil
    Equity capital: $7.6 mil
    Deposits held in domestic offices: $66.9 mil
    Return on assets (ROA): 1.15% ($0.9 mil)
    Quarterly return on assets: 0.98% ($0.8 mil)
    Return on Equity (ROE): 12.17% ($1.0 mil)
    Quarterly return on equity: 10.27% ($0.8 mil)
    Net income: $0.9 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 1.15% ($929.9 mil)
    Quarterly Pretax return on assets: 0.98% ($792.4 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2011)

  • Dollar figures in thousands
  • 30Total employees (full-time equivalent)
  • $80,859Total assets
  • $15,717Cash and due from depository institutions
  • $8,624Interest-bearing balances
  • $34,253Securities
  • $2,265Federal funds sold & reverse repurchase agreements
  • $25,320Net loans & leases
  • $271Loan loss allowance
  • $0Trading account assets
  • $2,546Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $80,859Life insurance assets
  • $758All other assets
  • $73,294Total liabilities and capital
  • $66,867Total liabilities
  • $47,874Total deposits
  • $66,867Interest-bearing deposits
  • $92Deposits held in domestic offices
  • 2314.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $4,086Trading liabilities
  • $0Other borrowed funds
  • $27Subordinated debt
  • $7,565All other liabilities
  • $7,565Total equity capital
  • $7,565Total bank equity capital
  • $0Perpetual preferred stock
  • $600Common stock
  • $1,400Surplus
  • $5,565Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $247Long-term assets (5+ years)
  • $70,462Average Assets, year-to-date
  • $38,474Average Assets, quarterly
  • $76,106Volatile liabilities
  • $80,679Insider loans
  • $32,995FHLB advances
  • $79,344Loans and leases held for sale
  • $1Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $6,918Tier 2 risk-based capital
  • $1Total risk weighted assets
  • $0Total unused commitments
  • $1,838Restructured Loans and leases
  • $256Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,029Total interest income
  • $421Total interest expense
  • $2,608Net interest income
  • $57Provision for loan and lease losses
  • $894Total noninterest income
  • $0Fiduciary activities
  • $648Service charges on deposit accounts
  • $0Trading account gains & fees
  • $246Additional noninterest income
  • $2,833Total noninterest expense
  • $1,337Salaries and employee benefits
  • $500Premises and equipment expense
  • $996Additional noninterest expense
  • $612Pre-tax net operating income
  • $263Securities gains (losses)
  • $0Applicable income taxes
  • $875Income before extraordinary items
  • $0Extraordinary gains - net
  • $875Net income attributable to bank
  • $0Net charge-offs
  • $875Cash dividends
  • $24Sale, conversion, retirement of capital stock, net
  • $375Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.54%Yield on earning assets
  • 0.63%Cost of funding earning assets
  • 3.91%Net interest margin
  • 1.34%Noninterest income to earning assets
  • 4.25%Noninterest expense to earning assets
  • 0.80%Net operating income to assets
  • 1.15%Return on assets (ROA)
  • 1.15%Pretax return on assets
  • 12.17%Return on equity (ROE)
  • 6.96%Retained earnings to average equity (YTD only)
  • 0.10%Net charge-offs to loans
  • 237.50%Credit loss provision to net charge-offs
  • 27.88%Efficiency ratio
  • 80,897Assets per employee
  • 2.70%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 42.86%Loss allowance to loans
  • 1.06%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 37.87%Net loans and leases to core deposits
  • 38.01%Equity capital to assets
  • 9.36%Core capital (leverage) ratio
  • 8.72%Tier 1 risk-based capital ratio
  • 20.97%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $76,106Average earning assets
  • $7,189Average equity
  • $66,663Average loans

List of branches

  • 4 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    08505Pointwest Bank200 West Oak Street, West, TX 76691January 01, 1893Full Service Brick and Mortar
    1229708West Branch210 North Robert, West, TX 76691December 03, 1990Limited Service Facility
    2229709Hewitt Branch420 Hewitt Drive, Hewitt, TX 76643January 14, 1991Full Service Brick and Mortar
    3493601China Spring Branch10101 China Spring Rd., Waco, TX 76708August 04, 2008Full Service Brick and Mortar

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