Woodforest Bank
Refugio, TX — Domestic Branch of a Domestic Bank
Acquired May 2011
Vitals
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Total Assets17.9M -3.2 %
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Total Deposits15.4M -3.7 %
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Total Net Loans9.2M -11.1 %
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Net Income43000.0000 19.4 %
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Book Value2.4M 1.9 %
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Book Value x24.9M 1.9 %
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Book Value x37.3M 1.9 %
Balance Sheet Highlights
Financial Highlights | Woodforest Bank | All Insured Savings Banks in Texas |
Balance Sheet $(000) | ||
Total Assets | 17,864 | 205,984 |
Total Net Loans | 9,224 | 115,645 |
Total Deposits | 15,399 | 165,216 |
Total Equity | 2,445 | 33,149 |
Profitability | ||
Net Income | 43 | 2,025 |
Return on Average Assets | .953 | 1.509 |
Return on Average Equity | 7.097 | 12.809 |
Net Interest Margin | 3.997 | 4.51 |
Efficiency Ratio | 75.568 | 66.486 |
Noninterest Income/Revenue | 19.256 | |
Balance Sheet Ratios | ||
Loan-to-Deposit | 59.9 | 81.34 |
Securities/Assets | .299 | .356 |
Total Equity/Total Assets | .137 | .161 |
Tangible Equity/Tangible Assets | .137 | -.006 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 2,431 | 30,719 |
Tier 2 Capital | 25 | 1,095 |
Total Capital | 2,456 | 31,815 |
Total Risk Weighted Assets | 6,664 | 122,667 |
Leverage Ratio | 13.47 | 11.923 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 36.48 | 18.199 |
Total Capital Ratio | 36.85 | 19.054 |
Timeline for Woodforest Bank
Woodforest National Bank
Woodforest Bank was acquired by Woodforest National Bank 13 years
View Profile May 01 2011Woodforest Financial Group, Inc.
Woodforest Financial Group, Inc. became a new parent organization for Woodforest Bank.
View Profile Apr 17 2008Sun Belt Bancshares Corporation
Sun Belt Bancshares Corporation became a new parent organization for Woodforest Bank.
View Profile Apr 23 2007Woodforest Bank
Woodforest Bank was established 66 years ago and is currently headquartered in Refugio, TX.
Jan 01 1958Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Woodforest National Bank | Buyer | 4,808,896 | Pooling of Interests | Discontinued | 5/1/2011 |
Relationships | Role | Relationship Start | Relationship End |
Woodforest Financial Group, Inc. | Parent | 4/17/2008 | 4/30/2011 |
Sun Belt Bancshares Corporation | Parent | 6/30/2007 | 4/16/2008 |
Sun Belt Bancshares Corporation | Parent | 4/23/2007 | 6/29/2007 |