FDIC Certificate #: 34415 Status: Active Federal Reserve ID: 2568063 Date Established: April 18, 1997 WWW:http://www.firstcommandbank.com Trust Powers Granted: Yes Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 13570 FDIC's unique #: 57178 Numeric code: 33 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) FDIC Insured: Yes Insured Savings Institution: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: No Subchapter S Corporations: Yes Asset Concentration Hierarchy: All Other Specialization < 1 Billion Date of Deposit Insurance: April 18, 1997 Last Structure Change Effective Date: July 21, 2011 Last Structure Change Process Date: July 21, 2011 Last Data Update: July 21, 2011 Data Source Date: April 05, 2012
Location
Address: 1 Firstcomm Plaza, Fort Worth, TX 76109 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)
History of Changes
Change in Primary Regulatory Agency
Financial Summary
Total assets: $650.9 mil Equity capital: $50.6 mil Deposits held in domestic offices: $583.8 mil Return on assets (ROA): 1.80% ($11.7 mil) Quarterly return on assets: 1.76% ($11.5 mil) Return on Equity (ROE): 21.37% ($10.9 mil) Quarterly return on equity: 20.73% ($10.6 mil) Net income: $11.5 mil Quarterly Net income: $2.9 mil Pretax return on assets: 1.80% ($11,715.5 mil) Quarterly Pretax return on assets: 1.76% ($11,455.1 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
85Total employees (full-time equivalent)
$650,860Total assets
$25,124Cash and due from depository institutions
$24,710Interest-bearing balances
$323,358Securities
$0Federal funds sold & reverse repurchase agreements
$280,928Net loans & leases
$3,462Loan loss allowance
$0Trading account assets
$14,496Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$650,860Life insurance assets
$6,954All other assets
$600,275Total liabilities and capital
$583,766Total liabilities
$572,656Total deposits
$583,766Interest-bearing deposits
$98Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$10,000Trading liabilities
$0Other borrowed funds
$6,509Subordinated debt
$50,585All other liabilities
$50,585Total equity capital
$50,585Total bank equity capital
$0Perpetual preferred stock
$100Common stock
$9,900Surplus
$40,585Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$228Income earned, not collected on loans
$0Earning assets
$2,514Long-term assets (5+ years)
$628,996Average Assets, year-to-date
$0Average Assets, quarterly
$642,103Volatile liabilities
$649,121Insider loans
$401,964FHLB advances
$650,858Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$50,583Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$89,634Restructured Loans and leases
$1,310Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$23,492Total interest income
$2,299Total interest expense
$21,193Net interest income
$1,397Provision for loan and lease losses
$9,950Total noninterest income
$0Fiduciary activities
$773Service charges on deposit accounts
$0Trading account gains & fees
$9,177Additional noninterest income
$18,215Total noninterest expense
$6,951Salaries and employee benefits
$1,768Premises and equipment expense
$9,496Additional noninterest expense
$11,531Pre-tax net operating income
$6Securities gains (losses)
$0Applicable income taxes
$11,537Income before extraordinary items
$0Extraordinary gains - net
$11,537Net income attributable to bank
$0Net charge-offs
$11,537Cash dividends
$2,035Sale, conversion, retirement of capital stock, net
$11,600Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
3.76%Yield on earning assets
0.37%Cost of funding earning assets
3.39%Net interest margin
1.59%Noninterest income to earning assets
2.91%Noninterest expense to earning assets
1.80%Net operating income to assets
1.80%Return on assets (ROA)
1.80%Pretax return on assets
21.37%Return on equity (ROE)
-0.12%Retained earnings to average equity (YTD only)
0.72%Net charge-offs to loans
68.65%Credit loss provision to net charge-offs
6.35%Efficiency ratio
58,488Assets per employee
7.66%Cash dividends to net income (YTD only)
Condition Ratios (%)
100.55%Loss allowance to loans
1.22%Loss allowance to noncurrent loans
1518.42%Noncurrent assets plus other real estate owned to assets
0.04%Noncurrent loans to loans
0.08%Net loans and leases to deposits
48.12%Net loans and leases to core deposits
48.67%Equity capital to assets
7.77%Core capital (leverage) ratio
7.77%Tier 1 risk-based capital ratio
12.58%Total risk-based capital ratio
Memoranda
$13Average assets
$642,103Average earning assets
$53,993Average equity
$625,066Average loans
Total Fiduciary and Related Assets (December 31, 2011)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
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