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

This bank is inactive as of November 19, 1993

  • Stemmons Northwest Bank, National Association in Dallas, Texas (TX)
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Stemmons Northwest Bank, National Association - Overview

  • General
  • FDIC Certificate #: 26183
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Fidelity Bank, National Association (#24943)
    Federal Reserve ID: 512950
    Date Established: March 25, 1985
    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 #: 10402
    FDIC's unique #: 32470
    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: March 25, 1985
    Last Structure Change Effective Date: November 19, 1993
    Last Structure Change Process Date: November 29, 1993
    Last Data Update: November 29, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: 2209 West Northwest Highway, Dallas, TX 75220
    County: Dallas
    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): Dallas, TX (#1920)
    Consolidated Metropolitan Statistical Area (CMSA): Dallas-Fort Worth, TX (#31)
    Combined Statistical Area (CSA): Dallas-Fort Worth, TX (#206)
    Core Based Statistical Area (CBSA): Dallas-Fort Worth-Arlington, TX (#19100)
    CBSA Metro Statistical Area: Dallas-Fort Worth-Arlington, TX (#19100)
    Core Based Statistical Division: Dallas-Plano-Irving, TX (#19124)
  • Financial Summary
  • Total assets: $26.9 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $16Total assets
  • $28,033Cash and due from depository institutions
  • $2,996Interest-bearing balances
  • $98Securities
  • $7,686Federal funds sold & reverse repurchase agreements
  • $5,350Net loans & leases
  • $10,067Loan loss allowance
  • $333Trading account assets
  • $0Bank premises and fixed assets
  • $948Other real estate owned
  • $630Goodwill and other intangibles
  • $356Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $28,033Total liabilities
  • $25,116Total deposits
  • $25,035Interest-bearing deposits
  • $16,671Deposits held in domestic offices
  • 25035.00%% insured (estimated)
  • $85Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $81Total equity capital
  • $81Total bank equity capital
  • $2,917Perpetual preferred stock
  • $0Common stock
  • $3,450Surplus
  • $3,450Undivided profits
  • Memoranda
  • $-3,983Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $148Income earned, not collected on loans
  • $67Earning assets
  • $23,201Long-term assets (5+ years)
  • $3,593Average Assets, year-to-date
  • $26,187Average Assets, quarterly
  • $27,185Volatile liabilities
  • $1,613Insider loans
  • $1,777FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $1,234Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $2,917Total risk weighted assets
  • $13,834Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $1,629Total interest expense
  • $565Net interest income
  • $1,064Provision for loan and lease losses
  • -$311Total noninterest income
  • $453Fiduciary activities
  • $0Service charges on deposit accounts
  • $312Trading account gains & fees
  • $0Additional noninterest income
  • $141Total noninterest expense
  • $1,594Salaries and employee benefits
  • $661Premises and equipment expense
  • $151Additional noninterest expense
  • $782Pre-tax net operating income
  • $234Securities gains (losses)
  • $24Applicable income taxes
  • $87Income before extraordinary items
  • $171Extraordinary gains - net
  • $87Net income attributable to bank
  • $258Net charge-offs
  • -$90Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.65%Cost of funding earning assets
  • 2.65%Net interest margin
  • 5.00%Noninterest income to earning assets
  • 2.13%Noninterest expense to earning assets
  • 7.49%Net operating income to assets
  • 0.59%Return on assets (ROA)
  • 0.99%Pretax return on assets
  • 1.32%Return on equity (ROE)
  • 9.21%Retained earnings to average equity (YTD only)
  • 9.21%Net charge-offs to loans
  • -0.82%Credit loss provision to net charge-offs
  • 345.56%Efficiency ratio
  • 105,076Assets per employee
  • 1.75%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.20%Loss allowance to noncurrent loans
  • 225.00%Noncurrent assets plus other real estate owned to assets
  • 2.78%Noncurrent loans to loans
  • 1.42%Net loans and leases to deposits
  • 40.21%Net loans and leases to core deposits
  • 42.98%Equity capital to assets
  • 10.41%Core capital (leverage) ratio
  • 11.21%Tier 1 risk-based capital ratio
  • 21.09%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $26,187Average earning assets
  • $2,800Average equity
  • $21,291Average loans

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