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

First Community Bank in Corpus Christi, Texas (TX)
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First Community Bank routing number info

First Community Bank - Overview

General
FDIC Certificate #: 24353
Status: Active
Federal Reserve ID: 339456
Bank Holding Company (Regulatory Top Holder): Coastal Bend Bancshares, Inc. (RSSDID: 2505929, Location: Corpus Christi, TX)
Date Established: Febuary 07, 1983
WWW: http://www.fcbot.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 9 (Domestic: 9, Interstate: No)
OTS Docket #: 12637
FDIC's unique #: 16946
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: Febuary 07, 1983
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
Location
Address: 416 North Water Street, Corpus Christi, TX 78401
County: Nueces
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): Corpus Christi, TX (#1880)
Combined Statistical Area (CSA): Corpus Christi-Kingsville, TX (#204)
Core Based Statistical Area (CBSA): Corpus Christi, TX (#18580)
CBSA Metro Statistical Area: Corpus Christi, TX (#18580)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $314.4 mil
Equity capital: $26.9 mil
Deposits held in domestic offices: $273.9 mil
Return on assets (ROA): 1.20% ($3.8 mil)
Quarterly return on assets: 1.18% ($3.7 mil)
Return on Equity (ROE): 14.85% ($4.0 mil)
Quarterly return on equity: 14.42% ($3.9 mil)
Net income: $3.5 mil
Quarterly Net income: $0.9 mil
Pretax return on assets: 1.20% ($3,773.3 mil)
Quarterly Pretax return on assets: 1.18% ($3,710.4 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
124Total employees (full-time equivalent)
$314,438Total assets
$13,392Cash and due from depository institutions
$1,837Interest-bearing balances
$41,980Securities
$22,593Federal funds sold & reverse repurchase agreements
$221,032Net loans & leases
$3,225Loan loss allowance
$0Trading account assets
$11,572Bank premises and fixed assets
$105Other real estate owned
$0Goodwill and other intangibles
$314,438Life insurance assets
$3,764All other assets
$287,539Total liabilities and capital
$273,886Total liabilities
$183,100Total deposits
$273,886Interest-bearing deposits
$85Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$13,000Trading liabilities
$0Other borrowed funds
$653Subordinated debt
$26,899All other liabilities
$26,899Total equity capital
$26,899Total bank equity capital
$0Perpetual preferred stock
$600Common stock
$13,450Surplus
$12,849Undivided profits
Memoranda
$0Noncurrent loans and leases
$3,298Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$2,773Income earned, not collected on loans
$138Earning assets
$1,168Long-term assets (5+ years)
$287,442Average Assets, year-to-date
$60,855Average Assets, quarterly
$288,130Volatile liabilities
$308,024Insider loans
$215,197FHLB advances
$308,216Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$26,536Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$24,644Restructured Loans and leases
$6,953Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$16,503Total interest income
$3,025Total interest expense
$13,478Net interest income
$1,200Provision for loan and lease losses
$4,162Total noninterest income
$0Fiduciary activities
$1,926Service charges on deposit accounts
$0Trading account gains & fees
$2,236Additional noninterest income
$13,142Total noninterest expense
$6,883Salaries and employee benefits
$1,940Premises and equipment expense
$4,319Additional noninterest expense
$3,298Pre-tax net operating income
$160Securities gains (losses)
$0Applicable income taxes
$3,458Income before extraordinary items
$0Extraordinary gains - net
$3,458Net income attributable to bank
$0Net charge-offs
$3,458Cash dividends
$497Sale, conversion, retirement of capital stock, net
$1,150Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
6.24%Yield on earning assets
1.14%Cost of funding earning assets
5.10%Net interest margin
1.57%Noninterest income to earning assets
4.97%Noninterest expense to earning assets
1.14%Net operating income to assets
1.20%Return on assets (ROA)
1.20%Pretax return on assets
14.85%Return on equity (ROE)
9.91%Retained earnings to average equity (YTD only)
0.24%Net charge-offs to loans
241.45%Credit loss provision to net charge-offs
9.05%Efficiency ratio
74,501Assets per employee
2.54%Cash dividends to net income (YTD only)
Condition Ratios (%)
33.26%Loss allowance to loans
1.44%Loss allowance to noncurrent loans
116.30%Noncurrent assets plus other real estate owned to assets
0.92%Noncurrent loans to loans
1.24%Net loans and leases to deposits
80.70%Net loans and leases to core deposits
90.67%Equity capital to assets
8.55%Core capital (leverage) ratio
8.61%Tier 1 risk-based capital ratio
12.33%Total risk-based capital ratio
Memoranda
$14Average assets
$288,130Average earning assets
$23,285Average equity
$264,511Average loans

List of branches

9 Texas Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	16946	First Community Bank	416 North Water Street, Corpus Christi, TX 78401	Febuary 07, 1983	Full Service Brick and Mortar
2	286374	Corpus Christi Branch	5406 Everhart Road, Corpus Christi, TX 78411	June 30, 1986	Full Service Brick and Mortar
4	257292	Alice Branch	1600 East Main Street, Alice, TX 78332	March 10, 1998	Full Service Brick and Mortar
5	257293	First Mobile Branch	Nueces County, Corpus Christi, TX 78401	Febuary 23, 1999	Full Service Brick and Mortar
6	357046	Kingsville Branch	2525 Brahma Boulevard, Kingsville, TX 78363	June 26, 2000	Full Service Brick and Mortar
8	429316	Portland Branch	1001 Wildcat Drive, Portland, TX 78374	June 30, 2004	Full Service Brick and Mortar
9	452966	First Mobile Branch	San Patricio County, Corpus Christi, TX 78401	August 29, 2005	Limited Service Mobile
10	466388	Alameda Branch	4201 S. Alameda, Corpus Christi, TX 78412	March 05, 2007	Full Service Brick and Mortar
11	473490	South Padre Island Drive Branch	14254 South Padre Island Drive, Corpus Christi, TX 78418	Febuary 04, 2008	Full Service Brick and Mortar

First Community Bank in Corpus Christi, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Community Bank - 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 Community Bank in Corpus Christi, Texas (TX)Overview, Financial Summary, Detailed Financial Reports, Branches

First Community Bank - 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 Community Bank in Corpus Christi, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches