FDIC Certificate #: 16896 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:West Texas National Bank (#22957) Federal Reserve ID: 345457 Date Established: January 01, 1904 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 7 (Interstate: No) OTS Docket #: 11126 FDIC's unique #: 10983 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: March 21, 1950 Last Structure Change Effective Date: January 19, 2001 Last Structure Change Process Date: March 29, 2001 Last Data Update: March 29, 2001 Data Source Date: April 05, 2012
Location
Address: 101 East Avenue, Alpine, TX 79830 County: Brewster Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Albuquerque Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: West
Financial Summary
Total assets: $244.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2000)
Dollar figures in thousands
107Total employees (full-time equivalent)
$244,502Total assets
$23,438Cash and due from depository institutions
$9,739Interest-bearing balances
$98,861Securities
$1,350Federal funds sold & reverse repurchase agreements
$103,695Net loans & leases
$1,923Loan loss allowance
$0Trading account assets
$5,172Bank premises and fixed assets
$0Other real estate owned
$5,663Goodwill and other intangibles
$0Life insurance assets
$6,323All other assets
$244,502Total liabilities and capital
$222,320Total liabilities
$215,291Total deposits
$169,306Interest-bearing deposits
$215,291Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$5,900Other borrowed funds
$0Subordinated debt
$1,129All other liabilities
$22,182Total equity capital
$22,182Total bank equity capital
$22,182Perpetual preferred stock
$0Common stock
$7,500Surplus
$8,195Undivided profits
Memoranda
$6,487Noncurrent loans and leases
$12,341Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,052Earning assets
$0Long-term assets (5+ years)
$2,298Average Assets, year-to-date
$213,645Average Assets, quarterly
$72,212Volatile liabilities
$233,668Insider loans
$236,744FHLB advances
$34,967Loans and leases held for sale
$6,494Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$1,293Total risk weighted assets
$12,341Total unused commitments
$0Restructured Loans and leases
$1,646Derivatives
Income and Expense (December 31, 2000)
Dollar figures in thousands
$16,457Total interest income
$6,783Total interest expense
$9,674Net interest income
$308Provision for loan and lease losses
$1,849Total noninterest income
$0Fiduciary activities
$1,317Service charges on deposit accounts
$0Trading account gains & fees
$532Additional noninterest income
$7,765Total noninterest expense
$3,444Salaries and employee benefits
$1,158Premises and equipment expense
$3,163Additional noninterest expense
$3,450Pre-tax net operating income
$0Securities gains (losses)
$95Applicable income taxes
$3,355Income before extraordinary items
$0Extraordinary gains - net
$3,355Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$392Sale, conversion, retirement of capital stock, net
$3,246Net operating income
Performance and Condition Ratios (December 31, 2000)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.06%Yield on earning assets
3.32%Cost of funding earning assets
4.74%Net interest margin
0.91%Noninterest income to earning assets
3.80%Noninterest expense to earning assets
1.44%Net operating income to assets
1.44%Return on assets (ROA)
1.48%Pretax return on assets
16.56%Return on equity (ROE)
0.54%Retained earnings to average equity (YTD only)
0.41%Net charge-offs to loans
78.57%Credit loss provision to net charge-offs
9.59%Efficiency ratio
65,252Assets per employee
2.29%Cash dividends to net income (YTD only)
Condition Ratios (%)
96.75%Loss allowance to loans
1.82%Loss allowance to noncurrent loans
182.79%Noncurrent assets plus other real estate owned to assets
0.43%Noncurrent loans to loans
1.00%Net loans and leases to deposits
48.17%Net loans and leases to core deposits
55.68%Equity capital to assets
9.07%Core capital (leverage) ratio
7.27%Tier 1 risk-based capital ratio
12.97%Total risk-based capital ratio
Memoranda
$14Average assets
$233,668Average earning assets
$20,260Average equity
$204,298Average loans
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