FDIC Certificate #: 23891 Status: Active Federal Reserve ID: 276355 Bank Holding Company (Regulatory Top Holder): First Groesbeck Holding Company (RSSDID: 1109357, Location: Groesbeck, TX) Date Established: June 18, 1982 WWW:http://www.fnbgroesbeck.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 #: 16690 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: June 18, 1982 Last Structure Change Effective Date: December 03, 2008 Last Structure Change Process Date: December 09, 2008 Last Data Update: December 09, 2008 Data Source Date: April 05, 2012
Location
Address: 409 South Ellis Street, Groesbeck, TX 76642 County: Limestone 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
History of Changes
Change in Location
Financial Summary
Total assets: $52.7 mil Equity capital: $4.8 mil Deposits held in domestic offices: $47.7 mil Return on assets (ROA): 0.49% ($0.3 mil) Quarterly return on assets: 0.70% ($0.4 mil) Return on Equity (ROE): 5.36% ($0.3 mil) Quarterly return on equity: 7.68% ($0.4 mil) Net income: $0.3 mil Quarterly Net income: $0.1 mil Pretax return on assets: 0.69% ($363.6 mil) Quarterly Pretax return on assets: 0.94% ($495.4 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
17Total employees (full-time equivalent)
$52,699Total assets
$8,920Cash and due from depository institutions
$6,715Interest-bearing balances
$10,408Securities
$0Federal funds sold & reverse repurchase agreements
$32,022Net loans & leases
$471Loan loss allowance
$0Trading account assets
$243Bank premises and fixed assets
$565Other real estate owned
$0Goodwill and other intangibles
$52,699Life insurance assets
$541All other assets
$47,875Total liabilities and capital
$47,735Total liabilities
$35,540Total deposits
$47,735Interest-bearing deposits
$98Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$140Subordinated debt
$4,824All other liabilities
$4,824Total equity capital
$4,824Total bank equity capital
$0Perpetual preferred stock
$1,150Common stock
$1,150Surplus
$2,524Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$153Income earned, not collected on loans
$0Earning assets
$296Long-term assets (5+ years)
$49,145Average Assets, year-to-date
$17,544Average Assets, quarterly
$52,129Volatile liabilities
$52,975Insider loans
$27,145FHLB advances
$53,219Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$4,824Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$760Restructured Loans and leases
$1,738Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$2,549Total interest income
$490Total interest expense
$2,059Net interest income
$100Provision for loan and lease losses
$453Total noninterest income
$0Fiduciary activities
$259Service charges on deposit accounts
$0Trading account gains & fees
$194Additional noninterest income
$2,052Total noninterest expense
$944Salaries and employee benefits
$141Premises and equipment expense
$967Additional noninterest expense
$360Pre-tax net operating income
$0Securities gains (losses)
$103Applicable income taxes
$257Income before extraordinary items
$0Extraordinary gains - net
$257Net income attributable to bank
$0Net charge-offs
$257Cash dividends
$105Sale, conversion, retirement of capital stock, net
$138Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.25%Yield on earning assets
1.01%Cost of funding earning assets
4.24%Net interest margin
0.93%Noninterest income to earning assets
4.23%Noninterest expense to earning assets
0.49%Net operating income to assets
0.49%Return on assets (ROA)
0.69%Pretax return on assets
5.36%Return on equity (ROE)
2.48%Retained earnings to average equity (YTD only)
0.32%Net charge-offs to loans
95.24%Credit loss provision to net charge-offs
4.38%Efficiency ratio
81,688Assets per employee
3.10%Cash dividends to net income (YTD only)
Condition Ratios (%)
53.70%Loss allowance to loans
1.45%Loss allowance to noncurrent loans
307.84%Noncurrent assets plus other real estate owned to assets
1.36%Noncurrent loans to loans
0.47%Net loans and leases to deposits
67.08%Net loans and leases to core deposits
70.58%Equity capital to assets
9.15%Core capital (leverage) ratio
9.06%Tier 1 risk-based capital ratio
17.77%Total risk-based capital ratio
Memoranda
$19Average assets
$52,129Average earning assets
$4,792Average equity
$48,547Average loans
List of branches
1 Texas Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
16690
First National Bank
409 South Ellis Street, Groesbeck, TX 76642
June 18, 1982
Full Service Brick and Mortar
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with First National Bank.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: