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

First Bank and Trust in Groves, Texas (TX)
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First Bank and Trust - Overview

General
FDIC Certificate #: 17549
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First Bank and Trust (#21477)
Federal Reserve ID: 529556
Date Established: Febuary 03, 1956
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 6 (Interstate: No)
FDIC's unique #: 11523
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 03, 1956
Last Structure Change Effective Date: January 02, 1997
Last Structure Change Process Date: April 02, 1997
Last Data Update: April 11, 1998
Data Source Date: April 05, 2012
Location
Address: 4000 Twin City Highway, Groves, TX 77619
County: Jefferson
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): Beaumont-Port Arthur, TX (#840)
Core Based Statistical Area (CBSA): Beaumont-Port Arthur, TX (#13140)
CBSA Metro Statistical Area: Beaumont-Port Arthur, TX (#13140)
Financial Summary
Total assets: $330.6 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

Dollar figures in thousands
0Total employees (full-time equivalent)
$174Total assets
$330,565Cash and due from depository institutions
$40,159Interest-bearing balances
$19,500Securities
$82,081Federal funds sold & reverse repurchase agreements
$10,331Net loans & leases
$182,055Loan loss allowance
$2,866Trading account assets
$0Bank premises and fixed assets
$11,182Other real estate owned
$860Goodwill and other intangibles
$3,897Life insurance assets
$0All other assets
$0Total liabilities and capital
$330,565Total liabilities
$299,175Total deposits
$297,464Interest-bearing deposits
$244,858Deposits held in domestic offices
297464.00%% insured (estimated)
$77Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$1,711Total equity capital
$1,711Total bank equity capital
$31,390Perpetual preferred stock
$0Common stock
$2,000Surplus
$18,800Undivided profits
Memoranda
$10,590Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$822Income earned, not collected on loans
$785Earning assets
$293,967Long-term assets (5+ years)
$10,353Average Assets, year-to-date
$315,044Average Assets, quarterly
$328,579Volatile liabilities
$62,003Insider loans
$6,123FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$13,764Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$31,139Total risk weighted assets
$209,351Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$22,507Total interest expense
$9,761Net interest income
$12,746Provision for loan and lease losses
$391Total noninterest income
$2,613Fiduciary activities
$194Service charges on deposit accounts
$1,598Trading account gains & fees
$0Additional noninterest income
$821Total noninterest expense
$10,252Salaries and employee benefits
$5,167Premises and equipment expense
$1,895Additional noninterest expense
$3,190Pre-tax net operating income
$4,716Securities gains (losses)
$0Applicable income taxes
$1,580Income before extraordinary items
$3,136Extraordinary gains - net
$0Net income attributable to bank
$3,136Net charge-offs
$617Cash dividends
$4,345Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1996)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.95%Cost of funding earning assets
3.45%Net interest margin
4.50%Noninterest income to earning assets
0.92%Noninterest expense to earning assets
3.62%Net operating income to assets
1.00%Return on assets (ROA)
1.00%Pretax return on assets
1.50%Return on equity (ROE)
9.59%Retained earnings to average equity (YTD only)
-3.70%Net charge-offs to loans
0.34%Credit loss provision to net charge-offs
63.37%Efficiency ratio
66,749Assets per employee
1.90%Cash dividends to net income (YTD only)
Condition Ratios (%)
138.55%Loss allowance to loans
1.55%Loss allowance to noncurrent loans
348.66%Noncurrent assets plus other real estate owned to assets
0.51%Noncurrent loans to loans
0.44%Net loans and leases to deposits
61.20%Net loans and leases to core deposits
77.32%Equity capital to assets
9.50%Core capital (leverage) ratio
9.38%Tier 1 risk-based capital ratio
14.87%Total risk-based capital ratio
Memoranda
$16Average assets
$315,044Average earning assets
$32,698Average equity
$282,990Average loans

First Bank and Trust in Groves, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Bank and Trust - Overview

Assets and Liabilities (December 31, 1996)

Income and Expense (December 31, 1996)

Performance and Condition Ratios (December 31, 1996)

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

First Bank and Trust in Groves, Texas (TX)Overview, Financial Summary, Detailed Financial Reports, Branches

First Bank and Trust - Overview

Assets and Liabilities (December 31, 1996)

Income and Expense (December 31, 1996)

Performance and Condition Ratios (December 31, 1996)

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

First Bank and Trust in Groves, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches