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

First Federal Community Bank in Paris, Texas (TX)
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First Federal Community Bank - Overview

General
FDIC Certificate #: 27678
Status: Active
Federal Reserve ID: 898579
Date Established: January 01, 1922
WWW: http://www.1st-fed.com
Trust Powers Granted: No
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
Offices: 4 (Domestic: 4, Interstate: No)
OTS Docket #: 100
FDIC's unique #: 40512
Numeric code: 38
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: No
Asset Concentration Hierarchy: Mortgage Lending Specialization
Date of Deposit Insurance: January 10, 1935
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: 630 Clarksville St, Paris, TX 75460
County: Lamar
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
Core Based Statistical Area (CBSA): Paris, TX (#37580)
CBSA Micro Statistical Area: Yes
History of Changes
Change in Primary Regulatory Agency
Financial Summary
Total assets: $353.1 mil
Equity capital: $32.5 mil
Deposits held in domestic offices: $307.9 mil
Return on assets (ROA): 0.45% ($1.6 mil)
Quarterly return on assets: 0.82% ($2.9 mil)
Return on Equity (ROE): 5.18% ($1.7 mil)
Quarterly return on equity: 9.05% ($2.9 mil)
Net income: $1.6 mil
Quarterly Net income: $0.7 mil
Pretax return on assets: 0.67% ($2,366.0 mil)
Quarterly Pretax return on assets: 1.21% ($4,272.8 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
95Total employees (full-time equivalent)
$353,127Total assets
$14,001Cash and due from depository institutions
$11,805Interest-bearing balances
$28,750Securities
$0Federal funds sold & reverse repurchase agreements
$284,593Net loans & leases
$4,232Loan loss allowance
$0Trading account assets
$10,298Bank premises and fixed assets
$2,105Other real estate owned
$0Goodwill and other intangibles
$353,126Life insurance assets
$13,380All other assets
$320,627Total liabilities and capital
$307,909Total liabilities
$295,513Total deposits
$307,909Interest-bearing deposits
$93Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$11,154Trading liabilities
$0Other borrowed funds
$1,564Subordinated debt
$32,499All other liabilities
$32,499Total equity capital
$32,499Total bank equity capital
$0Perpetual preferred stock
$0Common stock
$0Surplus
$32,499Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$4,092Income earned, not collected on loans
$0Earning assets
$1,722Long-term assets (5+ years)
$325,148Average Assets, year-to-date
$0Average Assets, quarterly
$355,994Volatile liabilities
$356,015Insider loans
$225,866FHLB advances
$353,061Loans and leases held for sale
$6,680Unused loan commitments
$0Tier 1 (core) risk-based capital
$32,433Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$10,331Restructured Loans and leases
$2,488Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$19,126Total interest income
$5,008Total interest expense
$14,118Net interest income
$3,224Provision for loan and lease losses
$1,898Total noninterest income
$0Fiduciary activities
$1,326Service charges on deposit accounts
$0Trading account gains & fees
$572Additional noninterest income
$10,566Total noninterest expense
$6,093Salaries and employee benefits
$2,363Premises and equipment expense
$2,110Additional noninterest expense
$2,226Pre-tax net operating income
$157Securities gains (losses)
$769Applicable income taxes
$1,614Income before extraordinary items
$0Extraordinary gains - net
$1,614Net income attributable to bank
$0Net charge-offs
$1,614Cash dividends
-$287Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.85%Yield on earning assets
1.53%Cost of funding earning assets
4.32%Net interest margin
0.58%Noninterest income to earning assets
3.23%Noninterest expense to earning assets
0.42%Net operating income to assets
0.45%Return on assets (ROA)
0.67%Pretax return on assets
5.18%Return on equity (ROE)
5.18%Retained earnings to average equity (YTD only)
-0.10%Net charge-offs to loans
-1123.34%Credit loss provision to net charge-offs
0.00%Efficiency ratio
65,972Assets per employee
3.72%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.47%Loss allowance to noncurrent loans
103.42%Noncurrent assets plus other real estate owned to assets
1.73%Noncurrent loans to loans
1.42%Net loans and leases to deposits
92.43%Net loans and leases to core deposits
100.96%Equity capital to assets
9.20%Core capital (leverage) ratio
9.19%Tier 1 risk-based capital ratio
14.36%Total risk-based capital ratio
Memoranda
$16Average assets
$355,994Average earning assets
$31,175Average equity
$326,808Average loans

List of branches

4 Texas Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	40512	First Federal Community Bank	630 Clarksville St, Paris, TX 75460	January 01, 1922	Full Service Brick and Mortar
2	262813	1902 W Main	1902 W Main, Clarksville, TX 75426	January 01, 1922	Full Service Brick and Mortar
100	262814	Mount Pleasant Branch	805 North Madison, Mount Pleasant, TX 75455	June 30, 1988	Full Service Brick and Mortar
101	463837	Paris Branch	3010 Ne Loop 286, Paris, TX 75460	October 01, 1999	Full Service Brick and Mortar

First Federal Community Bank in Paris, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Federal 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 Federal Community Bank in Paris, Texas (TX)Overview, Financial Summary, Detailed Financial Reports, Branches

First Federal 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 Federal Community Bank in Paris, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches