FDIC Certificate #: 13599 Status: Active Federal Reserve ID: 631150 Bank Holding Company (Regulatory Top Holder): Lockhart Bankshares, Inc. (RSSDID: 1995998, Location: Lockhart, TX) Date Established: January 09, 1934 WWW:http://www.firstlockhart.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) FDIC's unique #: 8504 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: Yes Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: January 09, 1934 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: 111 Main Street, Lockhart, TX 78644 County: Caldwell Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Austin Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): Austin-San Marcos, TX (#640) Combined Statistical Area (CSA): Austin-Round Rock-Marble Falls, TX (#126) Core Based Statistical Area (CBSA): Austin-Round Rock-San Marcos, TX (#12420) CBSA Metro Statistical Area: Austin-Round Rock-San Marcos, TX (#12420)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $159.9 mil Equity capital: $15.4 mil Deposits held in domestic offices: $142.2 mil Return on assets (ROA): 1.56% ($2.5 mil) Quarterly return on assets: 1.12% ($1.8 mil) Return on Equity (ROE): 16.49% ($2.5 mil) Quarterly return on equity: 11.53% ($1.7 mil) Net income: $2.4 mil Quarterly Net income: $0.4 mil Pretax return on assets: 1.56% ($2,494.6 mil) Quarterly Pretax return on assets: 1.13% ($1,807.0 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
47Total employees (full-time equivalent)
$159,912Total assets
$13,301Cash and due from depository institutions
$8,784Interest-bearing balances
$31,060Securities
$0Federal funds sold & reverse repurchase agreements
$107,120Net loans & leases
$1,996Loan loss allowance
$0Trading account assets
$2,559Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$159,912Life insurance assets
$5,872All other assets
$144,547Total liabilities and capital
$142,232Total liabilities
$109,197Total deposits
$142,232Interest-bearing deposits
$88Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$226Trading liabilities
$0Other borrowed funds
$2,089Subordinated debt
$15,365All other liabilities
$15,365Total equity capital
$15,365Total bank equity capital
$0Perpetual preferred stock
$240Common stock
$1,300Surplus
$13,825Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$624Long-term assets (5+ years)
$146,964Average Assets, year-to-date
$85,586Average Assets, quarterly
$156,308Volatile liabilities
$158,227Insider loans
$108,479FHLB advances
$159,758Loans and leases held for sale
$3,933Unused loan commitments
$3,933Tier 1 (core) risk-based capital
$14,098Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$7,910Restructured Loans and leases
$3,365Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$7,523Total interest income
$1,054Total interest expense
$6,469Net interest income
$530Provision for loan and lease losses
$2,298Total noninterest income
$0Fiduciary activities
$1,299Service charges on deposit accounts
$0Trading account gains & fees
$999Additional noninterest income
$5,912Total noninterest expense
$3,163Salaries and employee benefits
$495Premises and equipment expense
$2,254Additional noninterest expense
$2,325Pre-tax net operating income
$119Securities gains (losses)
$12Applicable income taxes
$2,432Income before extraordinary items
$0Extraordinary gains - net
$2,432Net income attributable to bank
$0Net charge-offs
$2,432Cash dividends
$57Sale, conversion, retirement of capital stock, net
$1,391Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.18%Yield on earning assets
0.73%Cost of funding earning assets
4.45%Net interest margin
1.58%Noninterest income to earning assets
4.07%Noninterest expense to earning assets
1.48%Net operating income to assets
1.56%Return on assets (ROA)
1.56%Pretax return on assets
16.49%Return on equity (ROE)
7.06%Retained earnings to average equity (YTD only)
0.05%Net charge-offs to loans
929.82%Credit loss provision to net charge-offs
50.09%Efficiency ratio
67,435Assets per employee
3.40%Cash dividends to net income (YTD only)
Condition Ratios (%)
57.20%Loss allowance to loans
1.83%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
75.31%Net loans and leases to core deposits
79.65%Equity capital to assets
9.61%Core capital (leverage) ratio
8.82%Tier 1 risk-based capital ratio
13.00%Total risk-based capital ratio
Memoranda
$14Average assets
$156,308Average earning assets
$14,750Average equity
$145,368Average loans
List of branches
1 Texas Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
8504
First-Lockhart National Bank
111 Main Street, Lockhart, TX 78644
January 09, 1934
Full Service Brick and Mortar
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