Western National Bank in city_name, state_name - Detailed Financial Reports, Location

Western National Bank in Lubbock, Texas (TX)
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Western National Bank - Overview

General
FDIC Certificate #: 26811
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: State National Bank of West Texas (#24343)
Federal Reserve ID: 952556
Date Established: October 15, 1986
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 1 (Interstate: No)
OTS Docket #: 12902
FDIC's unique #: 35991
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 15, 1986
Last Structure Change Effective Date: January 27, 1997
Last Structure Change Process Date: Febuary 04, 1997
Last Data Update: Febuary 04, 1997
Data Source Date: April 05, 2012
Location
Address: 8200-A Nashville, Lubbock, TX 79453
County: Lubbock
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): Lubbock, TX (#4600)
Combined Statistical Area (CSA): Lubbock-Levelland, TX (#352)
Core Based Statistical Area (CBSA): Lubbock, TX (#31180)
CBSA Metro Statistical Area: Lubbock, TX (#31180)
Financial Summary
Total assets: $60.2 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)
$28Total assets
$60,226Cash and due from depository institutions
$2,666Interest-bearing balances
$6Securities
$10,244Federal funds sold & reverse repurchase agreements
$3,875Net loans & leases
$41,156Loan loss allowance
$355Trading account assets
$0Bank premises and fixed assets
$1,417Other real estate owned
$290Goodwill and other intangibles
$578Life insurance assets
$0All other assets
$0Total liabilities and capital
$60,226Total liabilities
$54,726Total deposits
$54,407Interest-bearing deposits
$45,251Deposits held in domestic offices
54407.00%% insured (estimated)
$95Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$319Total equity capital
$319Total bank equity capital
$5,500Perpetual preferred stock
$0Common stock
$1,500Surplus
$1,649Undivided profits
Memoranda
$2,351Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$237Income earned, not collected on loans
$303Earning assets
$55,281Long-term assets (5+ years)
$8,906Average Assets, year-to-date
$57,700Average Assets, quarterly
$58,413Volatile liabilities
$7,818Insider loans
$1,708FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$2,813Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$5,483Total risk weighted assets
$42,726Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$4,427Total interest expense
$1,859Net interest income
$2,568Provision for loan and lease losses
$232Total noninterest income
$386Fiduciary activities
$0Service charges on deposit accounts
$286Trading account gains & fees
$0Additional noninterest income
$100Total noninterest expense
$1,905Salaries and employee benefits
$933Premises and equipment expense
$298Additional noninterest expense
$674Pre-tax net operating income
$817Securities gains (losses)
-$2Applicable income taxes
$266Income before extraordinary items
$549Extraordinary gains - net
$0Net income attributable to bank
$549Net charge-offs
$395Cash dividends
$190Sale, 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
8.48%Cost of funding earning assets
3.56%Net interest margin
4.92%Noninterest income to earning assets
0.74%Noninterest expense to earning assets
3.65%Net operating income to assets
0.95%Return on assets (ROA)
0.95%Pretax return on assets
1.41%Return on equity (ROE)
10.35%Retained earnings to average equity (YTD only)
6.77%Net charge-offs to loans
1.09%Credit loss provision to net charge-offs
58.73%Efficiency ratio
64,489Assets per employee
2.15%Cash dividends to net income (YTD only)
Condition Ratios (%)
34.61%Loss allowance to loans
0.86%Loss allowance to noncurrent loans
149.79%Noncurrent assets plus other real estate owned to assets
0.88%Noncurrent loans to loans
0.57%Net loans and leases to deposits
75.64%Net loans and leases to core deposits
88.34%Equity capital to assets
9.13%Core capital (leverage) ratio
9.46%Tier 1 risk-based capital ratio
12.83%Total risk-based capital ratio
Memoranda
$14Average assets
$57,700Average earning assets
$5,304Average equity
$52,202Average loans

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

Western National Bank - Overview

Assets and Liabilities (December 31, 1996)

Income and Expense (December 31, 1996)

Performance and Condition Ratios (December 31, 1996)

Comment about this bank, ask questions, or add new information about it:

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

Western National Bank - Overview

Assets and Liabilities (December 31, 1996)

Income and Expense (December 31, 1996)

Performance and Condition Ratios (December 31, 1996)

Comment about this bank, ask questions, or add new information about it:

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