FirstBank in city_name, state_name - Detailed Financial Reports, Location

FirstBank in Texarkana, Texas (TX)
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FirstBank - Overview

General
FDIC Certificate #: 18052
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: BancorpSouth Bank (#11813)
Federal Reserve ID: 417363
Date Established: July 29, 1959
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 7 (Interstate: No)
OTS Docket #: 15912
FDIC's unique #: 11977
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: July 29, 1959
Last Structure Change Effective Date: September 01, 2000
Last Structure Change Process Date: September 15, 2000
Last Data Update: September 15, 2000
Data Source Date: April 05, 2012
Location
Address: 3000 New Boston Road, Texarkana, TX 75501
County: Bowie
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
Metropolitan Statistical Area (MSA): Texarkana, TX-Texarkana, AR (#8360)
Core Based Statistical Area (CBSA): Texarkana, TX-Texarkana, AR (#45500)
CBSA Metro Statistical Area: Texarkana, TX-Texarkana, AR (#45500)
Financial Summary
Total assets: $192.5 mil

1992 - 1999 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, 1999)

Dollar figures in thousands
79Total employees (full-time equivalent)
$182,856Total assets
$6,084Cash and due from depository institutions
$4Interest-bearing balances
$46,836Securities
$229Federal funds sold & reverse repurchase agreements
$116,622Net loans & leases
$1,252Loan loss allowance
$0Trading account assets
$5,391Bank premises and fixed assets
$136Other real estate owned
$5,898Goodwill and other intangibles
$0Life insurance assets
$1,660All other assets
$182,856Total liabilities and capital
$162,699Total liabilities
$157,619Total deposits
$128,472Interest-bearing deposits
$157,619Deposits held in domestic offices
0.00%% insured (estimated)
$4,180Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$900All other liabilities
$20,157Total equity capital
$20,157Total bank equity capital
$20,157Perpetual preferred stock
$0Common stock
$3,000Surplus
$14,650Undivided profits
Memoranda
$2,507Noncurrent loans and leases
$12,483Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,058Earning assets
$0Long-term assets (5+ years)
$750Average Assets, year-to-date
$163,691Average Assets, quarterly
$26,643Volatile liabilities
$184,930Insider loans
$185,899FHLB advances
$24,349Loans and leases held for sale
$3,564Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$1,193Total risk weighted assets
$12,483Total unused commitments
$359Restructured Loans and leases
$1,252Derivatives

Income and Expense (December 31, 1999)

Dollar figures in thousands
$13,275Total interest income
$5,410Total interest expense
$7,865Net interest income
$375Provision for loan and lease losses
$1,511Total noninterest income
$206Fiduciary activities
$841Service charges on deposit accounts
$0Trading account gains & fees
$464Additional noninterest income
$6,533Total noninterest expense
$3,089Salaries and employee benefits
$1,072Premises and equipment expense
$2,372Additional noninterest expense
$2,468Pre-tax net operating income
$0Securities gains (losses)
$915Applicable income taxes
$1,553Income before extraordinary items
$0Extraordinary gains - net
$1,553Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$668Sale, conversion, retirement of capital stock, net
$1,650Net operating income

Performance and Condition Ratios (December 31, 1999)

Dollar figures in thousands
Performance Ratios (%, annualized)
8.08%Yield on earning assets
3.29%Cost of funding earning assets
4.79%Net interest margin
0.92%Noninterest income to earning assets
3.98%Noninterest expense to earning assets
0.84%Net operating income to assets
0.84%Return on assets (ROA)
1.33%Pretax return on assets
7.32%Return on equity (ROE)
-0.46%Retained earnings to average equity (YTD only)
0.59%Net charge-offs to loans
56.14%Credit loss provision to net charge-offs
4.26%Efficiency ratio
63,439Assets per employee
2.31%Cash dividends to net income (YTD only)
Condition Ratios (%)
106.25%Loss allowance to loans
1.06%Loss allowance to noncurrent loans
118.34%Noncurrent assets plus other real estate owned to assets
0.65%Noncurrent loans to loans
0.90%Net loans and leases to deposits
73.99%Net loans and leases to core deposits
84.85%Equity capital to assets
11.02%Core capital (leverage) ratio
8.47%Tier 1 risk-based capital ratio
11.88%Total risk-based capital ratio
Memoranda
$13Average assets
$184,930Average earning assets
$21,229Average equity
$164,303Average loans

FirstBank in Texarkana, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

FirstBank - Overview

Assets and Liabilities (December 31, 1999)

Income and Expense (December 31, 1999)

Performance and Condition Ratios (December 31, 1999)

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FirstBank in Texarkana, Texas (TX)Overview, Financial Summary, Detailed Financial Reports, Branches

FirstBank - Overview

Assets and Liabilities (December 31, 1999)

Income and Expense (December 31, 1999)

Performance and Condition Ratios (December 31, 1999)

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

FirstBank in Texarkana, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches