Western National Bank in Odessa, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

Western National Bank - Overview

  • General
  • FDIC Certificate #: 22482
    Status: Active
    Federal Reserve ID: 778466
    Bank Holding Company (Regulatory Top Holder): Wnb Bancshares, Inc. (RSSDID: 1399671, Location: Odessa, TX)
    Date Established: June 15, 1977
    WWW: http://www.wnbonline.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 8 (Domestic: 8, Interstate: No)
    OTS Docket #: 10189
    FDIC's unique #: 15676
    Numeric code: 3
    Regulator: OCC
    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: No
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: June 15, 1977
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 2700 West County Road, Odessa, TX 79764
    County: Ector
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Lubbock
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Odessa-Midland, TX (#5800)
    Combined Statistical Area (CSA): Midland-Odessa, TX (#372)
    Core Based Statistical Area (CBSA): Odessa, TX (#36220)
    CBSA Metro Statistical Area: Odessa, TX (#36220)
  • History of Changes
  • Change in Geographic Region/Area/Territory/Field Office
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $1,198.1 mil
    Equity capital: $107.9 mil
    Deposits held in domestic offices: $1,051.9 mil
    Return on assets (ROA): 2.01% ($24.1 mil)
    Quarterly return on assets: 1.99% ($23.8 mil)
    Return on Equity (ROE): 23.73% ($25.6 mil)
    Quarterly return on equity: 22.87% ($24.7 mil)
    Net income: $23.2 mil
    Quarterly Net income: $6.1 mil
    Pretax return on assets: 2.01% ($24,081.5 mil)
    Quarterly Pretax return on assets: 1.99% ($23,841.9 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
  • 171Total employees (full-time equivalent)
  • $1,198,085Total assets
  • $50,703Cash and due from depository institutions
  • $17,030Interest-bearing balances
  • $494,730Securities
  • $5,000Federal funds sold & reverse repurchase agreements
  • $591,029Net loans & leases
  • $9,740Loan loss allowance
  • $0Trading account assets
  • $16,672Bank premises and fixed assets
  • $6,050Other real estate owned
  • $0Goodwill and other intangibles
  • $1,198,085Life insurance assets
  • $33,901All other assets
  • $1,088,735Total liabilities and capital
  • $1,051,871Total liabilities
  • $549,673Total deposits
  • $1,051,871Interest-bearing deposits
  • $50Deposits held in domestic offices
  • 29771.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $5,000Trading liabilities
  • $0Other borrowed funds
  • $2,093Subordinated debt
  • $109,350All other liabilities
  • $107,925Total equity capital
  • $107,925Total bank equity capital
  • $0Perpetual preferred stock
  • $1,000Common stock
  • $31,517Surplus
  • $75,408Undivided profits
  • Memoranda
  • $1,425Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $15,770Income earned, not collected on loans
  • $0Earning assets
  • $4,161Long-term assets (5+ years)
  • $1,107,789Average Assets, year-to-date
  • $435,425Average Assets, quarterly
  • $1,158,023Volatile liabilities
  • $1,220,692Insider loans
  • $760,932FHLB advances
  • $1,191,563Loans and leases held for sale
  • $22,903Unused loan commitments
  • $13,085Tier 1 (core) risk-based capital
  • $100,600Tier 2 risk-based capital
  • $2,353Total risk weighted assets
  • $7,465Total unused commitments
  • $282,357Restructured Loans and leases
  • $6,894Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $43,776Total interest income
  • $4,802Total interest expense
  • $38,974Net interest income
  • -$488Provision for loan and lease losses
  • $4,644Total noninterest income
  • $0Fiduciary activities
  • $1,729Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,915Additional noninterest income
  • $21,105Total noninterest expense
  • $11,616Salaries and employee benefits
  • $3,038Premises and equipment expense
  • $6,451Additional noninterest expense
  • $23,001Pre-tax net operating income
  • $936Securities gains (losses)
  • $0Applicable income taxes
  • $23,937Income before extraordinary items
  • $0Extraordinary gains - net
  • $23,239Net income attributable to bank
  • $698Net charge-offs
  • $23,937Cash dividends
  • -$747Sale, conversion, retirement of capital stock, net
  • $13,346Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.07%Yield on earning assets
  • 0.45%Cost of funding earning assets
  • 3.63%Net interest margin
  • 0.43%Noninterest income to earning assets
  • 1.96%Noninterest expense to earning assets
  • 1.99%Net operating income to assets
  • 2.01%Return on assets (ROA)
  • 2.01%Pretax return on assets
  • 23.73%Return on equity (ROE)
  • 10.10%Retained earnings to average equity (YTD only)
  • -0.13%Net charge-offs to loans
  • 65.33%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 48,386Assets per employee
  • 7.01%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 57.43%Loss allowance to loans
  • 1.62%Loss allowance to noncurrent loans
  • 61.76%Noncurrent assets plus other real estate owned to assets
  • 1.82%Noncurrent loans to loans
  • 2.62%Net loans and leases to deposits
  • 56.19%Net loans and leases to core deposits
  • 67.74%Equity capital to assets
  • 9.01%Core capital (leverage) ratio
  • 8.44%Tier 1 risk-based capital ratio
  • 13.22%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $1,158,023Average earning assets
  • $97,951Average equity
  • $1,074,322Average loans

List of branches

  • 8 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    015676Western National Bank2700 West County Road, Odessa, TX 79764June 15, 1977Full Service Brick and Mortar
    1254674Grandview Branch2710 North Grandview Avenue, Odessa, TX 79762May 04, 1987Full Service Brick and Mortar
    4254675Downtown Branch801 North Texas Street, Odessa, TX 79761October 28, 1990Full Service Brick and Mortar
    5254676Midland Branch508 West Wall Street, Suite 1000, Midland, TX 79701March 01, 1995Full Service Brick and Mortar
    6357047Midland Drive Branch4101 North Midland Drive, Midland, TX 79707June 15, 2000Full Service Brick and Mortar
    9466152San Pedro Branch12800 San Pedro, San Antonio, TX 78216January 24, 2007Full Service Brick and Mortar
    11492706A & Wadley Branch800 W Wadley, Midland, TX 79705October 23, 2008Full Service Brick and Mortar
    12527926Fraudree Rd. Branch3501 Faudree Rd., Odessa, TX 79765December 29, 2011Full Service Brick and Mortar

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