Step OneFill the background layer with black (shift F5). Then select the Gradient Tool (G). Set the gradient to black/white, choose the radial type, and screen mode, as shown below.
Step TwoApply clouds to the layer. Make sure that black and white are your background/foreground colors.
Step ThreeNow we will repeat the same process again, but this time we will apply fibers instead of clouds.
Step FourPosterize the layer with 18 levels. You can now see our wood effect starting to take shape.
Step FiveApply a High Pass filter to one of the layers as shown below:
Step SixSelect both layers by holding Cmd/Ctrl and clicking on each of them. Stretch both of your layers vertically about 250%
Step SevenCreate a new Solid Color Adjustment Layer below the layer and choose a brown that you like for the base of the wood color. Set the blending mode to Vivid Light on the layer that you applied the High Pass to. Set the opacity to 50%. Turn the backup layer off. Now the wood effect is very apparent.
Step EightTurn on the backup layer. In the Channels Palette, duplicate the red channel by dragging it to the New Channel button at the bottom of the palette. Invert the new alpha channel by selecting all (Cmd/Ctrl+A) and inverting (Cmd/Ctrl+I). Now you can delete the backup layer from the Layers Palette since we have a copy saved as an alpha channel. Go Select>Load Selection and choose red copy. Make a new Curve adjustment layer and darken the image slightly like so:
Step NineNow I am going to just put a curve over the entire image to make it a little more natural looking. Here is what I did:
Step TenDuplicate the wood layer and bring the opacity down to 20% on the new one. Go Filter>Blur>Motion Blur. Apply an h3 blur at an angle of 90 degrees and a distance of 70. This just adds another subtle layer of texture.
In the Channels Palette, create a new channel by clicking the New Channel button at the bottom of the palette. Apply the same Fibers that we used earlier. Stretch that layer vertically to 250%. Go Select>Load Selection and load Alpha 2.
Step TwelveCreate a gradient adjustment layer at the top of the layers palette. Make it go from black to transparent to create a vignette around the edges.
Step ThirteenIt’s looking a little too saturated for my taste, so I am just going to put a Hue/Saturation adjustment layer on top of everything to desaturate a little.
Step FifteenNow we are going to place some artwork onto this and make it look like it was painted on a long time ago. Go File>Place and pick whatever artwork you would like. I just used an EPS of the Psdtuts+ logo, You can get that here.
Step SixteenTurn off the Art group. In the Channels palette duplicate the red channel. Apply a very harsh curve (Cmd/Ctrl+M) to your new channel so it almost becomes black-and-white with the black around the edges. Invert the channel. It should look like this:
Step SeventeenTurn off the art group again and then duplicate the blue channel.
Step EighteenI am just going to add the text Wood to the Art group above the other elements in the group. I used black as the color and skewed it to match the other artwork. I reduced the opacity to 85%. The last thing I need to do is rasterize the text. Just Ctrl-click or right-click the layer to the right of the name and choose Rasterize Type.
Step NineteenGo back to the channels palette and find the channel with the fibers on it. It should be Alpha 2. Ctrl-click or right-click on the channel to the right of the name and choose duplicate channel. For Document select New and call it Displace. Save it to your desktop.
Step TwentySelect the artwork layer and go to Filter>Distort>Displace. Use the settings below, and then when prompted use the Displace.psd that we just saved out. Select the Wood type layer and do the same. This makes the art sit on the wood.
Step Twenty OneI want to desaturate and darken the red a little bit. Make a new Hue/Saturation adjustment layer just above the art layer. It should automatically become a clipping mask. Take down the saturation and lightness a little bit.
Step Twenty TwoI really liked how the mask on the art group looked, so I am going to take that channel and apply it to the wood texture just to make it even more convincing. Go back to the channel that we used as a mask for the art group. Hit Cmd/Ctrl+A to select all, Cmd/Ctrl+C to copy, select the alo/vignette layer in the wood group and Cmd/Ctrl+V to paste. This gives us the black-and-white pixel information from the channel and just pastes it into a layer. Set the blending mode the Hard Light and bring the Fill down to 15%.
Step Twenty ThreeCreate a new blank layer at the very top, above both groups. Hit Shift+F5 to fill the layer and choose 50% gray.