Wells Fargo Bank Texas, National Association in Houston, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 14, 2000

  • Wells Fargo Bank Texas, National Association in Houston, Texas (TX)
  • Show street view No street view available for this location

Wells Fargo Bank Texas, National Association - Overview

  • General
  • FDIC Certificate #: 24344
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Wells Fargo Bank Texas, National Association (#14533)
    Federal Reserve ID: 214151
    Date Established: January 24, 1983
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 165 (Interstate: No)
    FDIC's unique #: 16937
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: January 24, 1983
    Last Structure Change Effective Date: April 14, 2000
    Last Structure Change Process Date: June 27, 2000
    Last Data Update: June 27, 2000
    Data Source Date: April 05, 2012
  • Location
  • Address: 1000 Louisiana, Houston, TX 77002
    County: Harris
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Houston
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Houston, TX (#3360)
    Consolidated Metropolitan Statistical Area (CMSA): Houston-Galveston-Brazoria, TX (#42)
    Combined Statistical Area (CSA): Houston-Baytown-Huntsville, TX (#288)
    Core Based Statistical Area (CBSA): Houston-Sugar Land-Baytown, TX (#26420)
    CBSA Metro Statistical Area: Houston-Sugar Land-Baytown, TX (#26420)
  • Financial Summary
  • Total assets: $7,566.0 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, 1999)

  • Dollar figures in thousands
  • 1,451Total employees (full-time equivalent)
  • $7,321,874Total assets
  • $978,267Cash and due from depository institutions
  • $9,659Interest-bearing balances
  • $2,439,268Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $3,376,878Net loans & leases
  • $44,651Loan loss allowance
  • $34Trading account assets
  • $99,936Bank premises and fixed assets
  • $1,624Other real estate owned
  • $314,823Goodwill and other intangibles
  • $0Life insurance assets
  • $111,044All other assets
  • $7,321,874Total liabilities and capital
  • $6,658,134Total liabilities
  • $5,218,555Total deposits
  • $3,088,035Interest-bearing deposits
  • $5,218,555Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $1,248,400Federal funds purchased & repurchase agreements
  • $43Trading liabilities
  • $1,357Other borrowed funds
  • $110,000Subordinated debt
  • $79,779All other liabilities
  • $663,740Total equity capital
  • $663,740Total bank equity capital
  • $663,740Perpetual preferred stock
  • $0Common stock
  • $50,000Surplus
  • $604,361Undivided profits
  • Memoranda
  • $9,379Noncurrent loans and leases
  • $2,811,302Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $34,944Earning assets
  • $1,340Long-term assets (5+ years)
  • $17,140Average Assets, year-to-date
  • $5,825,805Average Assets, quarterly
  • $2,781,947Volatile liabilities
  • $7,262,673Insider loans
  • $7,177,110FHLB advances
  • $1,399,581Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $468,819Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $2,811,302Total unused commitments
  • $0Restructured Loans and leases
  • $127,651Derivatives

Income and Expense (December 31, 1999)

  • Dollar figures in thousands
  • $397,309Total interest income
  • $148,110Total interest expense
  • $249,199Net interest income
  • $23,567Provision for loan and lease losses
  • $182,648Total noninterest income
  • $6,287Fiduciary activities
  • $98,029Service charges on deposit accounts
  • $7,174Trading account gains & fees
  • $71,158Additional noninterest income
  • $172,030Total noninterest expense
  • $71,076Salaries and employee benefits
  • $42,879Premises and equipment expense
  • $58,075Additional noninterest expense
  • $236,250Pre-tax net operating income
  • -$24,577Securities gains (losses)
  • $76,768Applicable income taxes
  • $134,905Income before extraordinary items
  • $0Extraordinary gains - net
  • $134,905Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $23,576Sale, conversion, retirement of capital stock, net
  • $95,000Net operating income

Performance and Condition Ratios (December 31, 1999)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.68%Yield on earning assets
  • 2.49%Cost of funding earning assets
  • 4.19%Net interest margin
  • 3.07%Noninterest income to earning assets
  • 2.89%Noninterest expense to earning assets
  • 2.07%Net operating income to assets
  • 1.86%Return on assets (ROA)
  • 2.91%Pretax return on assets
  • 19.76%Return on equity (ROE)
  • 5.84%Retained earnings to average equity (YTD only)
  • 0.74%Net charge-offs to loans
  • 99.96%Credit loss provision to net charge-offs
  • 11.02%Efficiency ratio
  • 33,188Assets per employee
  • 5.05%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 70.42%Loss allowance to loans
  • 1.31%Loss allowance to noncurrent loans
  • 127.78%Noncurrent assets plus other real estate owned to assets
  • 0.50%Noncurrent loans to loans
  • 1.02%Net loans and leases to deposits
  • 64.71%Net loans and leases to core deposits
  • 66.63%Equity capital to assets
  • 9.07%Core capital (leverage) ratio
  • 6.23%Tier 1 risk-based capital ratio
  • 8.36%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $7,262,673Average earning assets
  • $682,841Average equity
  • $5,944,211Average loans

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Wells Fargo Bank Texas, National Association.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents