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

First Bank Mainland in La Marque, Texas (TX)
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First Bank Mainland - Overview

General
FDIC Certificate #: 20961
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Merchants Bank (#20263)
Federal Reserve ID: 751357
Date Established: Febuary 12, 1973
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
FDIC's unique #: 14477
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: Febuary 12, 1973
Last Structure Change Effective Date: January 01, 1996
Last Structure Change Process Date: March 15, 1996
Last Data Update: March 15, 1996
Data Source Date: April 05, 2012
Location
Address: 920 First Street, La Marque, TX 77568
County: Galveston
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Houston
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
Metropolitan Statistical Area (MSA): Galveston-Texas City, TX (#2920)
Consolidated Metropolitan Statistical Area (CMSA): Houston-Galveston-Brazoria, TX (#42)
Combined Statistical Area (CSA): Houston-Baytown-Huntsville, TX (#288)
Core Based Statistical Area (CBSA): Houston-Sugar Land-Baytown, TX (#26420)
CBSA Metro Statistical Area: Houston-Sugar Land-Baytown, TX (#26420)
Financial Summary
Total assets: $75.6 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

Dollar figures in thousands
0Total employees (full-time equivalent)
$54Total assets
$75,648Cash and due from depository institutions
$7,676Interest-bearing balances
$2,192Securities
$26,194Federal funds sold & reverse repurchase agreements
$10,925Net loans & leases
$28,134Loan loss allowance
$351Trading account assets
$0Bank premises and fixed assets
$1,099Other real estate owned
$684Goodwill and other intangibles
$936Life insurance assets
$0All other assets
$0Total liabilities and capital
$75,648Total liabilities
$67,996Total deposits
$67,506Interest-bearing deposits
$52,350Deposits held in domestic offices
67506.00%% insured (estimated)
$88Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$490Total equity capital
$490Total bank equity capital
$7,652Perpetual preferred stock
$0Common stock
$600Surplus
$2,975Undivided profits
Memoranda
$4,077Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$840Income earned, not collected on loans
$170Earning assets
$67,445Long-term assets (5+ years)
$3,677Average Assets, year-to-date
$75,439Average Assets, quarterly
$75,410Volatile liabilities
$4,633Insider loans
$533FHLB advances
$0Loans and leases held for sale
$300Unused loan commitments
$2,409Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$7,568Total risk weighted assets
$36,035Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$5,064Total interest expense
$1,702Net interest income
$3,362Provision for loan and lease losses
$72Total noninterest income
$1,049Fiduciary activities
$0Service charges on deposit accounts
$563Trading account gains & fees
$0Additional noninterest income
$486Total noninterest expense
$3,634Salaries and employee benefits
$1,762Premises and equipment expense
$527Additional noninterest expense
$1,345Pre-tax net operating income
$705Securities gains (losses)
$0Applicable income taxes
$180Income before extraordinary items
$525Extraordinary gains - net
$0Net income attributable to bank
$525Net charge-offs
$141Cash dividends
$75Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1995)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.52%Cost of funding earning assets
2.53%Net interest margin
4.99%Noninterest income to earning assets
1.56%Noninterest expense to earning assets
5.40%Net operating income to assets
0.70%Return on assets (ROA)
0.70%Pretax return on assets
0.93%Return on equity (ROE)
7.19%Retained earnings to average equity (YTD only)
6.16%Net charge-offs to loans
0.45%Credit loss provision to net charge-offs
51.06%Efficiency ratio
82,385Assets per employee
1.40%Cash dividends to net income (YTD only)
Condition Ratios (%)
14.29%Loss allowance to loans
1.23%Loss allowance to noncurrent loans
41.79%Noncurrent assets plus other real estate owned to assets
2.01%Noncurrent loans to loans
2.95%Net loans and leases to deposits
41.68%Net loans and leases to core deposits
44.75%Equity capital to assets
10.12%Core capital (leverage) ratio
9.91%Tier 1 risk-based capital ratio
21.00%Total risk-based capital ratio
Memoranda
$22Average assets
$75,439Average earning assets
$7,300Average equity
$67,325Average loans

First Bank Mainland in La Marque, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Bank Mainland - Overview

Assets and Liabilities (December 31, 1995)

Income and Expense (December 31, 1995)

Performance and Condition Ratios (December 31, 1995)

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First Bank Mainland in La Marque, Texas (TX)Overview, Financial Summary, Detailed Financial Reports, Branches

First Bank Mainland - Overview

Assets and Liabilities (December 31, 1995)

Income and Expense (December 31, 1995)

Performance and Condition Ratios (December 31, 1995)

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

First Bank Mainland in La Marque, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches