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

First United Bank in Dimmitt, Texas (TX)
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First United Bank routing number info

First United Bank - Overview

General
FDIC Certificate #: 12769
Status: Active
Federal Reserve ID: 578255
Bank Holding Company (Regulatory Top Holder): Plains Bancorp, Inc. (RSSDID: 1108163, Location: Dimmitt, TX)
Date Established: March 07, 1907
WWW: http://www.firstunited.net
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 18 (Domestic: 17, Interstate: No)
OTS Docket #: 15741
FDIC's unique #: 8086
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Agricultural lending institution: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: January 01, 2007
Last Structure Change Process Date: Febuary 12, 2007
Last Data Update: Febuary 12, 2007
Data Source Date: April 05, 2012
Location
Address: 201 North Broadway, Dimmitt, TX 79027
County: Castro
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Lubbock
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
History of Changes
Participated in Absorption/Consolidation/Merger
Change in Geographic Region/Area/Territory/Field Office
Corrections
Financial Summary
Total assets: $1,081.2 mil
Equity capital: $98.0 mil
Deposits held in domestic offices: $962.8 mil
Return on assets (ROA): 1.51% ($16.3 mil)
Quarterly return on assets: 1.20% ($13.0 mil)
Return on Equity (ROE): 17.05% ($16.7 mil)
Quarterly return on equity: 12.79% ($12.5 mil)
Net income: $15.4 mil
Quarterly Net income: $3.1 mil
Pretax return on assets: 1.51% ($16,325.7 mil)
Quarterly Pretax return on assets: 1.20% ($12,974.1 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
216Total employees (full-time equivalent)
$1,081,173Total assets
$42,002Cash and due from depository institutions
$111Interest-bearing balances
$457,838Securities
$0Federal funds sold & reverse repurchase agreements
$516,208Net loans & leases
$8,111Loan loss allowance
$0Trading account assets
$30,208Bank premises and fixed assets
$1,946Other real estate owned
$8,822Goodwill and other intangibles
$1,081,173Life insurance assets
$24,149All other assets
$983,222Total liabilities and capital
$962,822Total liabilities
$756,089Total deposits
$962,822Interest-bearing deposits
$67Deposits held in domestic offices
10000.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$3,684Trading liabilities
$0Other borrowed funds
$6,716Subordinated debt
$97,951All other liabilities
$97,951Total equity capital
$97,951Total bank equity capital
$0Perpetual preferred stock
$1,500Common stock
$32,500Surplus
$63,951Undivided profits
Memoranda
$0Noncurrent loans and leases
$5,062Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$4,508Income earned, not collected on loans
$0Earning assets
$7,419Long-term assets (5+ years)
$974,157Average Assets, year-to-date
$407,204Average Assets, quarterly
$1,019,964Volatile liabilities
$1,037,859Insider loans
$628,943FHLB advances
$1,021,512Loans and leases held for sale
$7,946Unused loan commitments
$5,796Tier 1 (core) risk-based capital
$80,939Tier 2 risk-based capital
$0Total risk weighted assets
$2,150Total unused commitments
$116,977Restructured Loans and leases
$10,785Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$42,005Total interest income
$7,074Total interest expense
$34,931Net interest income
$2,400Provision for loan and lease losses
$6,783Total noninterest income
$0Fiduciary activities
$3,391Service charges on deposit accounts
$0Trading account gains & fees
$3,392Additional noninterest income
$24,092Total noninterest expense
$14,246Salaries and employee benefits
$3,670Premises and equipment expense
$6,176Additional noninterest expense
$15,222Pre-tax net operating income
$192Securities gains (losses)
$0Applicable income taxes
$15,414Income before extraordinary items
$0Extraordinary gains - net
$15,414Net income attributable to bank
$0Net charge-offs
$15,414Cash dividends
$1,507Sale, conversion, retirement of capital stock, net
$6,350Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.53%Yield on earning assets
0.76%Cost of funding earning assets
3.77%Net interest margin
0.73%Noninterest income to earning assets
2.60%Noninterest expense to earning assets
1.49%Net operating income to assets
1.51%Return on assets (ROA)
1.51%Pretax return on assets
17.05%Return on equity (ROE)
10.03%Retained earnings to average equity (YTD only)
0.29%Net charge-offs to loans
159.26%Credit loss provision to net charge-offs
11.69%Efficiency ratio
57,127Assets per employee
5.01%Cash dividends to net income (YTD only)
Condition Ratios (%)
41.20%Loss allowance to loans
1.55%Loss allowance to noncurrent loans
179.92%Noncurrent assets plus other real estate owned to assets
0.60%Noncurrent loans to loans
0.86%Net loans and leases to deposits
53.61%Net loans and leases to core deposits
67.79%Equity capital to assets
9.06%Core capital (leverage) ratio
7.92%Tier 1 risk-based capital ratio
12.87%Total risk-based capital ratio
Memoranda
$14Average assets
$1,019,964Average earning assets
$90,393Average equity
$926,668Average loans

Total Fiduciary and Related Assets (December 31, 2007)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$5,636Managed Assets
1Number of Accounts
$5,636Personal trust and agency accounts
$1,626Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$4,010Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
8Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices

List of branches

18 Texas Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	8086	First United Bank	201 North Broadway, Dimmitt, TX 79027	March 07, 1907	Full Service Brick and Mortar
1	227856	Detached Drive-In Facility	201 North Broadway, Dimmitt, TX 79027	August 29, 1977	Limited Service Facility
2	11119	Earth Branch	Main And Cedar, Earth, TX 79031	December 10, 1951	Full Service Brick and Mortar
3	11002	Seagraves Branch	106 Main, Seagraves, TX 79359	August 17, 1917	Full Service Brick and Mortar
4	16900	Lubbock Northwest Branch	5802 Fourth Street, Lubbock, TX 79416	January 03, 1983	Full Service Brick and Mortar
6	227858	Lubbock Southwest Branch	6604 Frankford Avenue, Lubbock, TX 79424	April 01, 1996	Full Service Brick and Mortar
7	3766	Sudan Branch	200 Main Street, Sudan, TX 79371	March 15, 1923	Full Service Brick and Mortar
8	207807	Littlefield Branch	2003 South Hall Avenue, Littlefield, TX 79339	November 03, 1997	Full Service Brick and Mortar
9	359688	Seminole Branch	601 Nw Avenue B, Seminole, TX 79360	December 04, 2000	Full Service Brick and Mortar
10	428762	First United Bank The Colonies Branc	One First United Bank Parkway, Amarillo, TX 79119	May 24, 2004	Full Service Brick and Mortar
11	430044	Amarillo Messenger Service	112 W. 8th Avenue, Amarillo, TX 79101	June 28, 2004	Limited Service Messenger
12	442212	First United Bank - Downtown Amarill	8th & Tyler, Amarillo, TX 79101	Febuary 01, 2004	Full Service Brick and Mortar
14	452550	Canyon Branch	801 23rd Street, Canyon, TX 79015	December 12, 2005	Full Service Retail
15	452551	Tradewind Branch Amarillo Branch	1900 Se 34th Street Suite 100, Amarillo, TX 79118	November 14, 2005	Full Service Brick and Mortar
16	2129	First United Bank Lamesa Branch	601 North First Street, Lamesa, TX 79331	January 01, 1905	Full Service Brick and Mortar
17	465433	Messenger Service	5802 4th Street, Lubbock, TX 79416	July 16, 2007	Limited Service Messenger
18	522173	First United Bank Wichita Falls Bank	2904 Garnett Avenue, Wichita Falls, TX 76308	August 22, 2011	Full Service Brick and Mortar
19	527927	Southeast Banking Center	9801 Indiana Avenue, Lubbock, TX 79423	January 23, 2012	Full Service Brick and Mortar

First United Bank in Dimmitt, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

First United Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2007)

List of branches

Comment about this bank, ask questions, or add new information about it:

First United Bank in Dimmitt, Texas (TX)Overview, Financial Summary, Detailed Financial Reports, Branches

First United Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2007)

List of branches

Comment about this bank, ask questions, or add new information about it:

First United Bank in Dimmitt, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches