First Financial Bank, National Association - Overview
General
FDIC Certificate #: 3348 Status: Active Federal Reserve ID: 237150 Bank Holding Company (Regulatory Top Holder): First Financial Bankshares, Inc. (RSSDID: 1102312, Location: Abilene, TX) Date Established: May 14, 1925 WWW:http://www.ffbmw.com Trust Powers Granted: No Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 13092 FDIC's unique #: 2169 Numeric code: 3 Regulator: OCC 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: No Subchapter S Corporations: No Asset Concentration Hierarchy: All Other Specialization < 1 Billion Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: July 02, 2007 Last Structure Change Process Date: October 04, 2007 Last Data Update: October 04, 2007 Data Source Date: April 05, 2012
Location
Address: 1800 East Hubbard Street, Mineral Wells, TX 76067 County: Palo Pinto 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 Combined Statistical Area (CSA): Dallas-Fort Worth, TX (#206) Core Based Statistical Area (CBSA): Mineral Wells, TX (#33420) CBSA Micro Statistical Area: Yes
History of Changes
Name Change
Financial Summary
Total assets: $205.1 mil Equity capital: $24.0 mil Deposits held in domestic offices: $161.1 mil Return on assets (ROA): 2.03% ($4.2 mil) Quarterly return on assets: 2.03% ($4.2 mil) Return on Equity (ROE): 18.27% ($4.4 mil) Quarterly return on equity: 17.45% ($4.2 mil) Net income: $4.1 mil Quarterly Net income: $1.0 mil Pretax return on assets: 2.92% ($5,990.2 mil) Quarterly Pretax return on assets: 2.90% ($5,949.1 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
40Total employees (full-time equivalent)
$205,143Total assets
$16,408Cash and due from depository institutions
$11,336Interest-bearing balances
$69,298Securities
$0Federal funds sold & reverse repurchase agreements
$107,863Net loans & leases
$2,210Loan loss allowance
$0Trading account assets
$2,183Bank premises and fixed assets
$472Other real estate owned
$6,892Goodwill and other intangibles
$205,143Life insurance assets
$2,027All other assets
$181,119Total liabilities and capital
$161,126Total liabilities
$109,051Total deposits
$161,126Interest-bearing deposits
$81Deposits held in domestic offices
18004.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$1,989Subordinated debt
$24,024All other liabilities
$24,024Total equity capital
$24,024Total bank equity capital
$0Perpetual preferred stock
$330Common stock
$15,807Surplus
$7,887Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,084Income earned, not collected on loans
$0Earning assets
$913Long-term assets (5+ years)
$188,497Average Assets, year-to-date
$54,588Average Assets, quarterly
$202,376Volatile liabilities
$203,886Insider loans
$105,746FHLB advances
$190,921Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$14,890Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$10,012Restructured Loans and leases
$3,375Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$9,900Total interest income
$536Total interest expense
$9,364Net interest income
$275Provision for loan and lease losses
$1,538Total noninterest income
$0Fiduciary activities
$789Service charges on deposit accounts
$0Trading account gains & fees
$749Additional noninterest income
$4,717Total noninterest expense
$2,149Salaries and employee benefits
$476Premises and equipment expense
$2,092Additional noninterest expense
$5,910Pre-tax net operating income
$0Securities gains (losses)
$1,803Applicable income taxes
$4,107Income before extraordinary items
$0Extraordinary gains - net
$4,107Net income attributable to bank
$0Net charge-offs
$4,107Cash dividends
$258Sale, conversion, retirement of capital stock, net
$1,900Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.34%Yield on earning assets
0.29%Cost of funding earning assets
5.05%Net interest margin
0.83%Noninterest income to earning assets
2.54%Noninterest expense to earning assets
2.03%Net operating income to assets
2.03%Return on assets (ROA)
2.92%Pretax return on assets
18.27%Return on equity (ROE)
9.82%Retained earnings to average equity (YTD only)
0.23%Net charge-offs to loans
106.59%Credit loss provision to net charge-offs
23.97%Efficiency ratio
43,267Assets per employee
5.13%Cash dividends to net income (YTD only)
Condition Ratios (%)
46.26%Loss allowance to loans
2.01%Loss allowance to noncurrent loans
203.87%Noncurrent assets plus other real estate owned to assets
0.76%Noncurrent loans to loans
0.98%Net loans and leases to deposits
66.94%Net loans and leases to core deposits
69.44%Equity capital to assets
11.71%Core capital (leverage) ratio
7.80%Tier 1 risk-based capital ratio
14.08%Total risk-based capital ratio
Memoranda
$15Average assets
$202,376Average earning assets
$22,484Average equity
$185,499Average loans
List of branches
1 Texas Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
2169
First Financial Bank, National Association
1800 East Hubbard Street, Mineral Wells, TX 76067
May 14, 1925
Full Service Brick and Mortar
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