First Bank in city_name, state_name - Detailed Financial Reports, Location

First Bank in Azle, Texas (TX)
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First Bank - Overview

General
FDIC Certificate #: 23588
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Pinnacle Bank (#20231)
Federal Reserve ID: 76050
Date Established: October 26, 1981
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 6 (Interstate: No)
OTS Docket #: 9880
FDIC's unique #: 16520
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
State Chartered: Yes
Date of Deposit Insurance: October 26, 1981
Last Structure Change Effective Date: Febuary 21, 2009
Last Structure Change Process Date: March 03, 2009
Last Data Update: March 03, 2009
Data Source Date: April 05, 2012
Location
Address: 316 North West Parkway, Azle, TX 76020
County: Tarrant
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Dallas
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
Metropolitan Statistical Area (MSA): Fort Worth-Arlington, TX (#2800)
Consolidated Metropolitan Statistical Area (CMSA): Dallas-Fort Worth, TX (#31)
Combined Statistical Area (CSA): Dallas-Fort Worth, TX (#206)
Core Based Statistical Area (CBSA): Dallas-Fort Worth-Arlington, TX (#19100)
CBSA Metro Statistical Area: Dallas-Fort Worth-Arlington, TX (#19100)
Core Based Statistical Division: Fort Worth-Arlington, TX (#23104)
Financial Summary
Total assets: $249.5 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, 2008)

Dollar figures in thousands
87Total employees (full-time equivalent)
$249,466Total assets
$7,142Cash and due from depository institutions
$25Interest-bearing balances
$97,154Securities
$895Federal funds sold & reverse repurchase agreements
$94,187Net loans & leases
$1,264Loan loss allowance
$10,032Trading account assets
$7,191Bank premises and fixed assets
$669Other real estate owned
$29,541Goodwill and other intangibles
$0Life insurance assets
$2,655All other assets
$249,466Total liabilities and capital
$202,614Total liabilities
$177,203Total deposits
$127,246Interest-bearing deposits
$177,203Deposits held in domestic offices
0.00%% insured (estimated)
$22,000Federal funds purchased & repurchase agreements
$0Trading liabilities
$2,509Other borrowed funds
$0Subordinated debt
$902All other liabilities
$46,852Total equity capital
$46,852Total bank equity capital
$46,852Perpetual preferred stock
$0Common stock
$750Surplus
$48,313Undivided profits
Memoranda
$-2,211Noncurrent loans and leases
$15,125Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$149Earning assets
$0Long-term assets (5+ years)
$1,820Average Assets, year-to-date
$202,293Average Assets, quarterly
$48,868Volatile liabilities
$220,866Insider loans
$256,828FHLB advances
$36,175Loans and leases held for sale
$2,571Unused loan commitments
$2,509Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$15,125Total unused commitments
$110Restructured Loans and leases
$1,264Derivatives

Income and Expense (December 31, 2008)

Dollar figures in thousands
$3,754Total interest income
$910Total interest expense
$2,844Net interest income
$0Provision for loan and lease losses
$835Total noninterest income
$0Fiduciary activities
$473Service charges on deposit accounts
$14Trading account gains & fees
$348Additional noninterest income
$2,955Total noninterest expense
$1,315Salaries and employee benefits
$452Premises and equipment expense
$1,188Additional noninterest expense
$724Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$724Income before extraordinary items
$0Extraordinary gains - net
$724Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$222Sale, conversion, retirement of capital stock, net
$4,144Net operating income

Performance and Condition Ratios (December 31, 2008)

Dollar figures in thousands
Performance Ratios (%, annualized)
1.96%Yield on earning assets
0.47%Cost of funding earning assets
1.48%Net interest margin
0.44%Noninterest income to earning assets
1.54%Noninterest expense to earning assets
0.33%Net operating income to assets
0.33%Return on assets (ROA)
0.33%Pretax return on assets
2.39%Return on equity (ROE)
-11.27%Retained earnings to average equity (YTD only)
0.24%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
3.26%Efficiency ratio
72,982Assets per employee
2.87%Cash dividends to net income (YTD only)
Condition Ratios (%)
572.38%Loss allowance to loans
1.32%Loss allowance to noncurrent loans
848.32%Noncurrent assets plus other real estate owned to assets
0.33%Noncurrent loans to loans
0.16%Net loans and leases to deposits
53.15%Net loans and leases to core deposits
57.77%Equity capital to assets
18.78%Core capital (leverage) ratio
7.59%Tier 1 risk-based capital ratio
11.43%Total risk-based capital ratio
Memoranda
$12Average assets
$220,866Average earning assets
$30,345Average equity
$191,800Average loans

First Bank in Azle, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Bank - Overview

Assets and Liabilities (December 31, 2008)

Income and Expense (December 31, 2008)

Performance and Condition Ratios (December 31, 2008)

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First Bank in Azle, Texas (TX)Overview, Financial Summary, Detailed Financial Reports, Branches

First Bank - Overview

Assets and Liabilities (December 31, 2008)

Income and Expense (December 31, 2008)

Performance and Condition Ratios (December 31, 2008)

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

First Bank in Azle, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches