WestStar Bank in El Paso, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

WestStar Bank - Overview

  • General
  • FDIC Certificate #: 32941
    Status: Active
    Federal Reserve ID: 1447639
    Bank Holding Company (Regulatory Top Holder): Weststar Bank Holding Company, Inc. (RSSDID: 3122051, Location: El Paso, TX)
    Date Established: May 01, 1990
    WWW: http://www.botw-ep.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 9 (Domestic: 9, Interstate: No)
    OTS Docket #: 9590
    FDIC's unique #: 46117
    Numeric code: 13
    Regulator: FED
    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: May 01, 1990
    Last Structure Change Effective Date: Febuary 21, 2012
    Last Structure Change Process Date: Febuary 24, 2012
    Last Data Update: Febuary 24, 2012
    Data Source Date: April 05, 2012
  • Location
  • Address: 500 North Mesa Street, El Paso, TX 79901
    County: El Paso
    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
    Metropolitan Statistical Area (MSA): El Paso, TX (#2320)
    Core Based Statistical Area (CBSA): El Paso, TX (#21340)
    CBSA Metro Statistical Area: El Paso, TX (#21340)
  • History of Changes
  • Name Change
  • Financial Summary
  • Total assets: $986.4 mil
    Equity capital: $84.5 mil
    Deposits held in domestic offices: $895.1 mil
    Return on assets (ROA): 2.52% ($24.8 mil)
    Quarterly return on assets: 2.38% ($23.5 mil)
    Return on Equity (ROE): 29.87% ($25.1 mil)
    Quarterly return on equity: 27.85% ($23.4 mil)
    Net income: $23.5 mil
    Quarterly Net income: $5.8 mil
    Pretax return on assets: 2.52% ($24,858.1 mil)
    Quarterly Pretax return on assets: 2.38% ($23,477.1 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
  • 198Total employees (full-time equivalent)
  • $986,432Total assets
  • $54,082Cash and due from depository institutions
  • $37,287Interest-bearing balances
  • $293,074Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $615,700Net loans & leases
  • $8,451Loan loss allowance
  • $0Trading account assets
  • $13,618Bank premises and fixed assets
  • $985Other real estate owned
  • $382Goodwill and other intangibles
  • $986,432Life insurance assets
  • $8,591All other assets
  • $901,956Total liabilities and capital
  • $895,052Total liabilities
  • $669,602Total deposits
  • $895,052Interest-bearing deposits
  • $71Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $890Trading liabilities
  • $0Other borrowed funds
  • $6,014Subordinated debt
  • $84,476All other liabilities
  • $84,476Total equity capital
  • $84,476Total bank equity capital
  • $0Perpetual preferred stock
  • $7,110Common stock
  • $36,890Surplus
  • $40,476Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $5,404Income earned, not collected on loans
  • $376Earning assets
  • $2,958Long-term assets (5+ years)
  • $946,061Average Assets, year-to-date
  • $483,791Average Assets, quarterly
  • $934,618Volatile liabilities
  • $979,218Insider loans
  • $667,521FHLB advances
  • $972,431Loans and leases held for sale
  • $682Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $77,803Tier 2 risk-based capital
  • $682Total risk weighted assets
  • $0Total unused commitments
  • $149,400Restructured Loans and leases
  • $37,052Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $46,158Total interest income
  • $5,295Total interest expense
  • $40,863Net interest income
  • $225Provision for loan and lease losses
  • $5,759Total noninterest income
  • $1,760Fiduciary activities
  • $2,568Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,431Additional noninterest income
  • $22,854Total noninterest expense
  • $12,773Salaries and employee benefits
  • $2,389Premises and equipment expense
  • $7,692Additional noninterest expense
  • $23,543Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $23,543Income before extraordinary items
  • $0Extraordinary gains - net
  • $23,543Net income attributable to bank
  • $0Net charge-offs
  • $23,543Cash dividends
  • $603Sale, conversion, retirement of capital stock, net
  • $16,308Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.15%Yield on earning assets
  • 0.59%Cost of funding earning assets
  • 4.56%Net interest margin
  • 0.64%Noninterest income to earning assets
  • 2.55%Noninterest expense to earning assets
  • 2.52%Net operating income to assets
  • 2.52%Return on assets (ROA)
  • 2.52%Pretax return on assets
  • 29.87%Return on equity (ROE)
  • 9.18%Retained earnings to average equity (YTD only)
  • 0.10%Net charge-offs to loans
  • 37.31%Credit loss provision to net charge-offs
  • 39.42%Efficiency ratio
  • 48,001Assets per employee
  • 4.98%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 69.27%Loss allowance to loans
  • 1.35%Loss allowance to noncurrent loans
  • 156.38%Noncurrent assets plus other real estate owned to assets
  • 0.65%Noncurrent loans to loans
  • 0.87%Net loans and leases to deposits
  • 68.79%Net loans and leases to core deposits
  • 77.74%Equity capital to assets
  • 8.56%Core capital (leverage) ratio
  • 8.00%Tier 1 risk-based capital ratio
  • 11.66%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $934,618Average earning assets
  • $78,831Average equity
  • $896,605Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $239,557Managed Assets
  • 1Number of Accounts
  • $236,586Personal trust and agency accounts
  • $169,756Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $2,939Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $63,891Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 165Number of Accounts
  • $0Personal trust and agency accounts
  • $2,939Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $2,971Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 9 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    046117Weststar Bank500 North Mesa Street, El Paso, TX 79901May 01, 1990Full Service Brick and Mortar
    1289093Westside Branch6700 North Mesa, El Paso, TX 79912August 24, 1992Full Service Brick and Mortar
    2289094Eastside Branch8340 Gateway East, El Paso, TX 79907October 14, 1992Full Service Brick and Mortar
    3288399Montwood Branch10400 Montwood Drive, El Paso, TX 79935June 30, 1989Full Service Brick and Mortar
    4289095Zaragosa Branch12101 Montwood Drive, El Paso, TX 79936March 02, 1998Full Service Brick and Mortar
    5361210Viscount/Golden Key Branch8865 Viscount Blvd, El Paso, TX 79925June 14, 2001Full Service Brick and Mortar
    6478985Hondo Pass Branch4721 Hondo Pass, El Paso, TX 79904September 19, 2007Full Service Brick and Mortar
    7493590Redd Road Branch425 East Redd Road, El Paso, TX 79912July 22, 2009Full Service Brick and Mortar
    8527457Paisano Branch5604 East Paisano Drive, El Paso, TX 79925November 30, 2011Full Service Brick and Mortar

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