West Side Bank and Trust in Fort Worth, Texas (TX)



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West Side Bank and Trust routing number info

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West Side Bank and Trust
GeneralFDIC Certificate #: 18915
Status: Active
Federal Reserve ID: 827953
Bank Holding Company (Regulatory Top Holder): First Graham Bancorp, Inc. (RSSDID: 1107700, Location: Graham, TX)
Date Established: October 18, 1963
WWW: http://www.westsidebankandtrust.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Domestic: 1, Interstate: No)
FDIC's unique #: 12762
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: October 18, 1963
Last Structure Change Effective Date: September 20, 2011
Last Structure Change Process Date: September 20, 2011
Last Data Update: September 20, 2011
Data Source Date: April 05, 2012
LocationAddress: 1501 Summit Avenue, Fort Worth, TX 76102
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)
Financial SummaryTotal assets: $52.5 mil
Equity capital: $8.2 mil
Deposits held in domestic offices: $44.2 mil
Return on assets (ROA): -2.21% (-$1.1 mil)
Quarterly return on assets: -1.21% (-$0.6 mil)
Return on Equity (ROE): -13.98% (-$1.1 mil)
Quarterly return on equity: -7.78% (-$0.6 mil)
Net income: -$1.2 mil
Quarterly Net income: -$0.2 mil
Pretax return on assets: -2.21% (-$1,159.4 mil)
Quarterly Pretax return on assets: -1.21% (-$634.8 mil)

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

2000 - 2011 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, 2011)
(Dollar figures in thousands)
Total employees (full-time equivalent)13
Total assets$52,463
Cash and due from depository institutions$8,124
Interest-bearing balances$6,759
Securities$0
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$38,862
Loan loss allowance $829
Trading account assets$0
Bank premises and fixed assets$1,879
Other real estate owned$0
Goodwill and other intangibles$2,988
All other assets$610
Life insurance assets$52,462
Total liabilities and capital$44,213
Total liabilities$44,177
Total deposits$37,565
Interest-bearing deposits$44,177
Deposits held in domestic offices$83
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $36
All other liabilities $8,249
Total equity capital$8,249
Total bank equity capital$8,249
Perpetual preferred stock$0
Common stock$3,374
Surplus$6,650
Undivided profits $-1,775
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $2,902
Earning assets $50
Long-term assets (5+ years) $114
Average Assets, year-to-date $45,621
Average Assets, quarterly $12,640
Volatile liabilities $53,057
Insider loans $53,677
FHLB advances $39,527
Loans and leases held for sale $51,173
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $5,261
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $13,189
Derivatives$1,258
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $2,308
Total interest expense $519
Net interest income $1,789
Provision for loan and lease losses $1,030
Total noninterest income $154
Fiduciary activities $0
Service charges on deposit accounts $82
Trading account gains & fees $0
Additional noninterest income $72
Total noninterest expense $2,088
Salaries and employee benefits $920
Premises and equipment expense $198
Additional noninterest expense $970
Pre-tax net operating income -$1,175
Securities gains (losses) $0
Applicable income taxes $0
Income before extraordinary items -$1,175
Extraordinary gains - net $0
Net income attributable to bank -$1,175
Net charge-offs $0
Cash dividends -$1,175
Sale, conversion, retirement of capital stock, net $844
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.19%
Cost of funding earning assets 1.17%
Net interest margin 4.02%
Noninterest income to earning assets 0.35%
Noninterest expense to earning assets 4.69%
Net operating income to assets -2.21%
Return on assets (ROA) -2.21%
Pretax return on assets -2.21%
Return on equity (ROE) -13.98%
Retained earnings to average equity (YTD only) -13.98%
Net charge-offs to loans 2.23%
Credit loss provision to net charge-offs 122.04%
Efficiency ratio-0.17%
Assets per employee$105,713
Cash dividends to net income (YTD only)4.04%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 2.09%
Noncurrent assets plus other real estate owned to assets 28.57%
Noncurrent loans to loans 5.53%
Net loans and leases to deposits7.31%
Net loans and leases to core deposits 87.97%
Equity capital to assets 90.11%
Core capital (leverage) ratio 15.72%
Tier 1 risk-based capital ratio 10.28%
Total risk-based capital ratio 13.31%
Memoranda
Average assets$15
Average earning assets$53,057
Average equity $8,407
Average loans $44,492
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1 Texas Branch as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
012762West Side Bank And Trust1501 Summit Avenue, Fort Worth, TX 76102October 18, 1963Full Service Brick and Mortar
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