New First City, Texas - Lake Jackson, National Association in Lake Jackson, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 13, 1993

  • New First City, Texas - Lake Jackson, National Association in Lake Jackson, Texas (TX)
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New First City, Texas - Lake Jackson, National Association - Overview

  • General
  • FDIC Certificate #: 33723
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: First Heights Bank, a FSB (#32611)
    Federal Reserve ID: 1998766
    Date Established: October 30, 1992
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Interstate: No)
    FDIC's unique #: 47835
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: October 30, 1992
    Last Structure Change Effective Date: Febuary 13, 1993
    Last Structure Change Process Date: March 16, 1993
    Last Data Update: August 25, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: This Way Street, Lake Jackson, TX 77566
    County: Brazoria
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Houston
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Brazoria, TX (#1145)
    Consolidated Metropolitan Statistical Area (CMSA): Houston-Galveston-Brazoria, TX (#42)
    Combined Statistical Area (CSA): Houston-Baytown-Huntsville, TX (#288)
    Core Based Statistical Area (CBSA): Houston-Sugar Land-Baytown, TX (#26420)
    CBSA Metro Statistical Area: Houston-Sugar Land-Baytown, TX (#26420)
  • History of Changes
  • Bridge Bank Merger
    Corrections
  • Financial Summary
  • Total assets: $90.2 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $36Total assets
  • $90,199Cash and due from depository institutions
  • $5,918Interest-bearing balances
  • $0Securities
  • $7,497Federal funds sold & reverse repurchase agreements
  • $61,000Net loans & leases
  • $15,267Loan loss allowance
  • $218Trading account assets
  • $0Bank premises and fixed assets
  • $4Other real estate owned
  • $0Goodwill and other intangibles
  • $513Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $90,199Total liabilities
  • $90,540Total deposits
  • $85,724Interest-bearing deposits
  • $75,674Deposits held in domestic offices
  • 85724.00%% insured (estimated)
  • $97Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $375Subordinated debt
  • $0All other liabilities
  • $4,441Total equity capital
  • $4,441Total bank equity capital
  • $-341Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $0Undivided profits
  • Memoranda
  • $-341Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $10Income earned, not collected on loans
  • $82Earning assets
  • $83,764Long-term assets (5+ years)
  • $5,193Average Assets, year-to-date
  • $90,199Average Assets, quarterly
  • $90,199Volatile liabilities
  • $10,058Insider loans
  • $65FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $1,816Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $-341Total risk weighted assets
  • $27,245Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $731Total interest expense
  • $526Net interest income
  • $205Provision for loan and lease losses
  • $0Total noninterest income
  • $128Fiduciary activities
  • $0Service charges on deposit accounts
  • $111Trading account gains & fees
  • $0Additional noninterest income
  • $17Total noninterest expense
  • $414Salaries and employee benefits
  • $160Premises and equipment expense
  • $35Additional noninterest expense
  • $219Pre-tax net operating income
  • -$81Securities gains (losses)
  • -$260Applicable income taxes
  • $0Income before extraordinary items
  • -$341Extraordinary gains - net
  • $0Net income attributable to bank
  • -$341Net charge-offs
  • $15Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 0.87%Cost of funding earning assets
  • 0.63%Net interest margin
  • 0.24%Noninterest income to earning assets
  • 0.15%Noninterest expense to earning assets
  • 0.49%Net operating income to assets
  • -0.09%Return on assets (ROA)
  • -0.38%Pretax return on assets
  • -0.38%Return on equity (ROE)
  • 100.00%Retained earnings to average equity (YTD only)
  • 100.00%Net charge-offs to loans
  • 0.10%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 124,324Assets per employee
  • 2.51%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.41%Loss allowance to noncurrent loans
  • 2180.00%Noncurrent assets plus other real estate owned to assets
  • 0.01%Noncurrent loans to loans
  • 0.06%Net loans and leases to deposits
  • 17.81%Net loans and leases to core deposits
  • 20.08%Equity capital to assets
  • -0.38%Core capital (leverage) ratio
  • -0.37%Tier 1 risk-based capital ratio
  • -1.25%Total risk-based capital ratio
  • Memoranda
  • -$1Average assets
  • $90,199Average earning assets
  • -$341Average equity
  • $83,764Average loans

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