Tarrant Bank in city_name, state_name - Detailed Financial Reports, Location

Tarrant Bank in Fort Worth, Texas (TX)
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Tarrant Bank - Overview

General
FDIC Certificate #: 18220
Status: Inactive
Closing history: Corrections
Acquiring institution: Wells Fargo Bank Texas, National Association (#24344)
Federal Reserve ID: 242659
Date Established: May 20, 1960
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Interstate: No)
FDIC's unique #: 12138
Numeric code: 21
Regulator: FDIC
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: May 20, 1960
Last Structure Change Effective Date: August 25, 1993
Last Structure Change Process Date: August 27, 1993
Last Data Update: August 27, 1993
Data Source Date: April 05, 2012
Location
Address: 1001 East Berry Street, Fort Worth, TX 76101
County: Tarrant
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): Fort Worth-Arlington, TX (#2800)
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: Fort Worth-Arlington, TX (#23104)
History of Changes
Absorption - Assisted
Corrections
Financial Summary
Total assets: $62.6 mil

Assets and Liabilities (December 31, 1992)

Dollar figures in thousands
0Total employees (full-time equivalent)
$71Total assets
$66,267Cash and due from depository institutions
$4,954Interest-bearing balances
$0Securities
$5,182Federal funds sold & reverse repurchase agreements
$8,200Net loans & leases
$37,586Loan loss allowance
$2,002Trading account assets
$0Bank premises and fixed assets
$3,118Other real estate owned
$6,393Goodwill and other intangibles
$834Life insurance assets
$0All other assets
$0Total liabilities and capital
$66,267Total liabilities
$64,692Total deposits
$63,567Interest-bearing deposits
$48,740Deposits held in domestic offices
63567.00%% insured (estimated)
$99Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$481Subordinated debt
$0All other liabilities
$644Total equity capital
$644Total bank equity capital
$1,575Perpetual preferred stock
$0Common stock
$400Surplus
$3,000Undivided profits
Memoranda
$-1,825Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,946Income earned, not collected on loans
$205Earning assets
$50,968Long-term assets (5+ years)
$2,091Average Assets, year-to-date
$69,621Average Assets, quarterly
$68,032Volatile liabilities
$6,997Insider loans
$18FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$531Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$1,575Total risk weighted assets
$50,660Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1992)

Dollar figures in thousands
$0Total interest income
$5,620Total interest expense
$2,261Net interest income
$3,359Provision for loan and lease losses
$847Total noninterest income
$1,951Fiduciary activities
$0Service charges on deposit accounts
$990Trading account gains & fees
$0Additional noninterest income
$961Total noninterest expense
$4,077Salaries and employee benefits
$1,959Premises and equipment expense
$654Additional noninterest expense
$1,464Pre-tax net operating income
$386Securities gains (losses)
$1Applicable income taxes
$131Income before extraordinary items
$256Extraordinary gains - net
$131Net income attributable to bank
$387Net charge-offs
$1,156Cash 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
10.46%Cost of funding earning assets
4.21%Net interest margin
6.25%Noninterest income to earning assets
3.63%Noninterest expense to earning assets
7.59%Net operating income to assets
0.37%Return on assets (ROA)
0.56%Pretax return on assets
0.74%Return on equity (ROE)
24.09%Retained earnings to average equity (YTD only)
24.09%Net charge-offs to loans
2.62%Credit loss provision to net charge-offs
73.27%Efficiency ratio
76,780Assets per employee
0.93%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
5.06%Loss allowance to noncurrent loans
102.88%Noncurrent assets plus other real estate owned to assets
12.58%Noncurrent loans to loans
4.92%Net loans and leases to deposits
59.13%Net loans and leases to core deposits
65.88%Equity capital to assets
2.38%Core capital (leverage) ratio
2.28%Tier 1 risk-based capital ratio
3.11%Total risk-based capital ratio
Memoranda
$4Average assets
$69,621Average earning assets
$1,606Average equity
$53,708Average loans

Tarrant Bank in Fort Worth, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

Tarrant Bank - Overview

Assets and Liabilities (December 31, 1992)

Income and Expense (December 31, 1992)

Performance and Condition Ratios (December 31, 1992)

Comment about this bank, ask questions, or add new information about it:

Tarrant Bank in Fort Worth, Texas (TX)Overview, Financial Summary, Detailed Financial Reports, Branches

Tarrant Bank - Overview

Assets and Liabilities (December 31, 1992)

Income and Expense (December 31, 1992)

Performance and Condition Ratios (December 31, 1992)

Comment about this bank, ask questions, or add new information about it:

Tarrant Bank in Fort Worth, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches