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

First Bank of Muleshoe in Muleshoe, Texas (TX)
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First Bank of Muleshoe routing number info

First Bank of Muleshoe - Overview

General
FDIC Certificate #: 17474
Status: Active
Federal Reserve ID: 946461
Bank Holding Company (Regulatory Top Holder): Dg Partnership, Ltd (RSSDID: 2314868, Location: Muleshoe, TX)
Date Established: August 01, 1955
WWW: http://www.fbmuleshoe.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 3 (Domestic: 3, Interstate: No)
FDIC's unique #: 11459
Numeric code: 13
Regulator: FED
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Agricultural lending institution: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: August 01, 1955
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: April 17, 2008
Last Data Update: April 17, 2008
Data Source Date: April 05, 2012
Location
Address: West First Street And Avenue B, Muleshoe, TX 79347
County: Bailey
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Lubbock
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
History of Changes
Merge BIF and SAIF Funds into DIF
Change in Geographic Region/Area/Territory/Field Office
Financial Summary
Total assets: $107.1 mil
Equity capital: $14.3 mil
Deposits held in domestic offices: $92.3 mil
Return on assets (ROA): 0.98% ($1.0 mil)
Quarterly return on assets: 0.98% ($1.0 mil)
Return on Equity (ROE): 7.32% ($1.0 mil)
Quarterly return on equity: 7.07% ($1.0 mil)
Net income: $1.0 mil
Quarterly Net income: $0.3 mil
Pretax return on assets: 1.33% ($1,424.7 mil)
Quarterly Pretax return on assets: 1.35% ($1,446.1 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, 2011)

Dollar figures in thousands
29Total employees (full-time equivalent)
$107,122Total assets
$8,584Cash and due from depository institutions
$3,185Interest-bearing balances
$71,720Securities
$0Federal funds sold & reverse repurchase agreements
$24,200Net loans & leases
$515Loan loss allowance
$0Trading account assets
$1,156Bank premises and fixed assets
$352Other real estate owned
$0Goodwill and other intangibles
$107,122Life insurance assets
$1,110All other assets
$92,789Total liabilities and capital
$92,269Total liabilities
$56,354Total deposits
$92,269Interest-bearing deposits
$94Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$520Subordinated debt
$14,333All other liabilities
$14,333Total equity capital
$14,333Total bank equity capital
$0Perpetual preferred stock
$500Common stock
$3,000Surplus
$10,833Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$71Income earned, not collected on loans
$0Earning assets
$444Long-term assets (5+ years)
$99,105Average Assets, year-to-date
$15,949Average Assets, quarterly
$103,255Volatile liabilities
$102,950Insider loans
$26,386FHLB advances
$102,547Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$13,399Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$2,777Restructured Loans and leases
$41Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$3,910Total interest income
$364Total interest expense
$3,546Net interest income
$75Provision for loan and lease losses
$646Total noninterest income
$0Fiduciary activities
$589Service charges on deposit accounts
$0Trading account gains & fees
$57Additional noninterest income
$2,819Total noninterest expense
$1,544Salaries and employee benefits
$427Premises and equipment expense
$848Additional noninterest expense
$1,298Pre-tax net operating income
$80Securities gains (losses)
$364Applicable income taxes
$1,014Income before extraordinary items
$0Extraordinary gains - net
$1,014Net income attributable to bank
$0Net charge-offs
$1,014Cash dividends
$275Sale, conversion, retirement of capital stock, net
$600Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.07%Yield on earning assets
0.38%Cost of funding earning assets
3.69%Net interest margin
0.67%Noninterest income to earning assets
2.93%Noninterest expense to earning assets
0.92%Net operating income to assets
0.98%Return on assets (ROA)
1.33%Pretax return on assets
7.32%Return on equity (ROE)
2.99%Retained earnings to average equity (YTD only)
1.09%Net charge-offs to loans
27.27%Credit loss provision to net charge-offs
4.99%Efficiency ratio
67,247Assets per employee
3.69%Cash dividends to net income (YTD only)
Condition Ratios (%)
59.17%Loss allowance to loans
2.08%Loss allowance to noncurrent loans
725.35%Noncurrent assets plus other real estate owned to assets
0.39%Noncurrent loans to loans
0.29%Net loans and leases to deposits
26.23%Net loans and leases to core deposits
27.00%Equity capital to assets
13.38%Core capital (leverage) ratio
13.07%Tier 1 risk-based capital ratio
50.78%Total risk-based capital ratio
Memoranda
$52Average assets
$103,255Average earning assets
$13,857Average equity
$96,068Average loans

List of branches

3 Texas Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	11459	First Bank Of Muleshoe	West First Street And Avenue B, Muleshoe, TX 79347	August 01, 1955	Full Service Brick and Mortar
1	11490	Bovina Branch	115 Third Street, Bovina, TX 79009	October 26, 1955	Full Service Brick and Mortar
2	241779	Dimmitt Branch	215 West Bedford, Dimmitt, TX 79027	June 28, 1993	Full Service Brick and Mortar

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

First Bank of Muleshoe - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

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

First Bank of Muleshoe - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

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