West Columbia National Bank in West Columbia, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 22, 1997

  • West Columbia National Bank in West Columbia, Texas (TX)
  • Show street view No street view available for this location

West Columbia National Bank - Overview

  • General
  • FDIC Certificate #: 18615
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Norwest Bank Texas, South Central (#16931)
    Federal Reserve ID: 433569
    Date Established: October 20, 1962
    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 #: 12500
    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: October 20, 1962
    Last Structure Change Effective Date: August 22, 1997
    Last Structure Change Process Date: September 10, 1997
    Last Data Update: September 10, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 111 West Brazos Avenue, West Columbia, TX 77486
    County: Brazoria
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Houston
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Brazoria, TX (#1145)
    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: $35.7 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $21Total assets
  • $35,224Cash and due from depository institutions
  • $2,594Interest-bearing balances
  • $0Securities
  • $1,340Federal funds sold & reverse repurchase agreements
  • $18,800Net loans & leases
  • $8,638Loan loss allowance
  • $491Trading account assets
  • $0Bank premises and fixed assets
  • $292Other real estate owned
  • $47Goodwill and other intangibles
  • $640Life insurance assets
  • $2,873All other assets
  • $0Total liabilities and capital
  • $35,224Total liabilities
  • $30,146Total deposits
  • $29,233Interest-bearing deposits
  • $23,309Deposits held in domestic offices
  • 29233.00%% insured (estimated)
  • $99Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $913Total equity capital
  • $913Total bank equity capital
  • $5,078Perpetual preferred stock
  • $0Common stock
  • $150Surplus
  • $4,875Undivided profits
  • Memoranda
  • $53Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $258Income earned, not collected on loans
  • $75Earning assets
  • $28,778Long-term assets (5+ years)
  • $708Average Assets, year-to-date
  • $35,071Average Assets, quarterly
  • $35,027Volatile liabilities
  • $1,304Insider loans
  • $66FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $682Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $2,195Total risk weighted assets
  • $12,520Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $79Total interest expense
  • $13Net interest income
  • $66Provision for loan and lease losses
  • $0Total noninterest income
  • $9Fiduciary activities
  • $0Service charges on deposit accounts
  • $8Trading account gains & fees
  • $0Additional noninterest income
  • $1Total noninterest expense
  • $8Salaries and employee benefits
  • $1Premises and equipment expense
  • $1Additional noninterest expense
  • $6Pre-tax net operating income
  • $67Securities gains (losses)
  • $0Applicable income taxes
  • $24Income before extraordinary items
  • $43Extraordinary gains - net
  • $0Net income attributable to bank
  • $43Net charge-offs
  • -$2Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 0.25%Cost of funding earning assets
  • 0.04%Net interest margin
  • 0.21%Noninterest income to earning assets
  • 0.03%Noninterest expense to earning assets
  • 0.03%Net operating income to assets
  • 0.12%Return on assets (ROA)
  • 0.12%Pretax return on assets
  • 0.19%Return on equity (ROE)
  • 1.19%Retained earnings to average equity (YTD only)
  • 1.19%Net charge-offs to loans
  • -0.01%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 10,667Assets per employee
  • 1.68%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 5.38%Loss allowance to noncurrent loans
  • 190.31%Noncurrent assets plus other real estate owned to assets
  • 0.87%Noncurrent loans to loans
  • 2.83%Net loans and leases to deposits
  • 29.55%Net loans and leases to core deposits
  • 30.93%Equity capital to assets
  • 14.42%Core capital (leverage) ratio
  • 6.79%Tier 1 risk-based capital ratio
  • 17.53%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $35,071Average earning assets
  • $3,602Average equity
  • $31,100Average loans

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