FDIC Certificate #: 3204 Status: Inactive Closing history: Consolidated - Without Assistance Acquiring institution:Wells Fargo Bank Texas, National Association (#14533) Federal Reserve ID: 307455 Date Established: January 01, 1905 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 2 (Interstate: No) FDIC's unique #: 2063 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: January 01, 1934 Last Structure Change Effective Date: April 17, 1999 Last Structure Change Process Date: June 08, 1999 Last Data Update: June 08, 1999 Data Source Date: April 05, 2012
Location
Address: 208 East Highway 79, Franklin, TX 77856 County: Robertson Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: San Francisco FDIC Field Office: Austin Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: West Core Based Statistical Area (CBSA): College Station-Bryan, TX (#17780) CBSA Metro Statistical Area: College Station-Bryan, TX (#17780)
Financial Summary
Total assets: $78.0 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
20Total employees (full-time equivalent)
$72,439Total assets
$1,976Cash and due from depository institutions
$0Interest-bearing balances
$11,803Securities
$13,700Federal funds sold & reverse repurchase agreements
$33,640Net loans & leases
$2,013Loan loss allowance
$0Trading account assets
$549Bank premises and fixed assets
$0Other real estate owned
$8,624Goodwill and other intangibles
$0Life insurance assets
$2,147All other assets
$72,439Total liabilities and capital
$58,368Total liabilities
$56,517Total deposits
$46,675Interest-bearing deposits
$56,517Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$1,851All other liabilities
$14,071Total equity capital
$14,071Total bank equity capital
$14,071Perpetual preferred stock
$0Common stock
$700Surplus
$13,390Undivided profits
Memoranda
$-19Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,838Earning assets
$0Long-term assets (5+ years)
$377Average Assets, year-to-date
$59,143Average Assets, quarterly
$12,098Volatile liabilities
$63,595Insider loans
$67,654FHLB advances
$10,355Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,186Total unused commitments
$0Restructured Loans and leases
$38,239Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$390Total interest income
$199Total interest expense
$191Net interest income
$0Provision for loan and lease losses
$52Total noninterest income
$0Fiduciary activities
$29Service charges on deposit accounts
$0Trading account gains & fees
$23Additional noninterest income
$187Total noninterest expense
$49Salaries and employee benefits
$62Premises and equipment expense
$76Additional noninterest expense
$56Pre-tax net operating income
$0Securities gains (losses)
-$10Applicable income taxes
$66Income before extraordinary items
$0Extraordinary gains - net
$66Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$11Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
0.67%Yield on earning assets
0.34%Cost of funding earning assets
0.33%Net interest margin
0.09%Noninterest income to earning assets
0.32%Noninterest expense to earning assets
0.10%Net operating income to assets
0.10%Return on assets (ROA)
0.09%Pretax return on assets
0.90%Return on equity (ROE)
0.90%Retained earnings to average equity (YTD only)
0.03%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
5.09%Efficiency ratio
57,202Assets per employee
3.62%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
5.65%Loss allowance to noncurrent loans
109.52%Noncurrent assets plus other real estate owned to assets
2.54%Noncurrent loans to loans
5.16%Net loans and leases to deposits
59.52%Net loans and leases to core deposits
72.87%Equity capital to assets
19.42%Core capital (leverage) ratio
8.50%Tier 1 risk-based capital ratio
14.18%Total risk-based capital ratio
Memoranda
$15Average assets
$63,595Average earning assets
$7,322Average equity
$57,873Average loans
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