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

This bank is inactive as of March 01, 2003

  • Whisperwood National Bank in Lubbock, Texas (TX)
  • Show street view No street view available for this location

Whisperwood National Bank - Overview

  • General
  • FDIC Certificate #: 24391
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: PlainsCapital Bank (#17491)
    Federal Reserve ID: 576859
    Date Established: March 04, 1983
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 3 (Interstate: No)
    FDIC's unique #: 16971
    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 04, 1983
    Last Structure Change Effective Date: March 01, 2003
    Last Structure Change Process Date: April 29, 2003
    Last Data Update: April 29, 2003
    Data Source Date: April 05, 2012
  • Location
  • Address: 4415 Fourth Street, Lubbock, TX 79416
    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: $82.5 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, 2002)

  • Dollar figures in thousands
  • 42Total employees (full-time equivalent)
  • $82,511Total assets
  • $10,975Cash and due from depository institutions
  • $2,298Interest-bearing balances
  • $8,387Securities
  • $3,500Federal funds sold & reverse repurchase agreements
  • $56,931Net loans & leases
  • $664Loan loss allowance
  • $0Trading account assets
  • $1,652Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,066All other assets
  • $82,511Total liabilities and capital
  • $75,492Total liabilities
  • $75,215Total deposits
  • $56,037Interest-bearing deposits
  • $75,215Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $277All other liabilities
  • $7,019Total equity capital
  • $7,019Total bank equity capital
  • $7,019Perpetual preferred stock
  • $0Common stock
  • $1,875Surplus
  • $1,875Undivided profits
  • Memoranda
  • $3,269Noncurrent loans and leases
  • $10,431Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $58Earning assets
  • $0Long-term assets (5+ years)
  • $377Average Assets, year-to-date
  • $71,116Average Assets, quarterly
  • $2,766Volatile liabilities
  • $78,718Insider loans
  • $80,536FHLB advances
  • $14,827Loans and leases held for sale
  • $1,702Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $10,431Total unused commitments
  • $0Restructured Loans and leases
  • $664Derivatives

Income and Expense (December 31, 2002)

  • Dollar figures in thousands
  • $4,449Total interest income
  • $1,231Total interest expense
  • $3,218Net interest income
  • $223Provision for loan and lease losses
  • $917Total noninterest income
  • $0Fiduciary activities
  • $688Service charges on deposit accounts
  • $0Trading account gains & fees
  • $229Additional noninterest income
  • $3,307Total noninterest expense
  • $1,792Salaries and employee benefits
  • $483Premises and equipment expense
  • $1,032Additional noninterest expense
  • $605Pre-tax net operating income
  • $0Securities gains (losses)
  • $22Applicable income taxes
  • $583Income before extraordinary items
  • $0Extraordinary gains - net
  • $583Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $88Sale, conversion, retirement of capital stock, net
  • $278Net operating income

Performance and Condition Ratios (December 31, 2002)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.35%Yield on earning assets
  • 1.76%Cost of funding earning assets
  • 4.60%Net interest margin
  • 1.31%Noninterest income to earning assets
  • 4.72%Noninterest expense to earning assets
  • 0.74%Net operating income to assets
  • 0.74%Return on assets (ROA)
  • 0.77%Pretax return on assets
  • 8.42%Return on equity (ROE)
  • 4.40%Retained earnings to average equity (YTD only)
  • 0.17%Net charge-offs to loans
  • 253.41%Credit loss provision to net charge-offs
  • 9.41%Efficiency ratio
  • 79,976Assets per employee
  • 1.96%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 47.68%Loss allowance to loans
  • 1.15%Loss allowance to noncurrent loans
  • 1144.83%Noncurrent assets plus other real estate owned to assets
  • 0.07%Noncurrent loans to loans
  • 0.10%Net loans and leases to deposits
  • 75.69%Net loans and leases to core deposits
  • 94.28%Equity capital to assets
  • 8.51%Core capital (leverage) ratio
  • 8.68%Tier 1 risk-based capital ratio
  • 11.06%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $78,718Average earning assets
  • $6,924Average equity
  • $70,032Average loans

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Whisperwood National Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents