The First National Bank of Sterling City in Sterling City, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • The First National Bank of Sterling City in Sterling City, Texas (TX)
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The First National Bank of Sterling City routing number info

The First National Bank of Sterling City - Overview

  • General
  • FDIC Certificate #: 5538
    Status: Active
    Federal Reserve ID: 411062
    Bank Holding Company (Regulatory Top Holder): Sterling City Bancshares, Inc. (RSSDID: 2940810, Location: Sterling City, TX)
    Date Established: August 02, 1910
    WWW: http://www.thefnbsc.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: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 3763
    Numeric code: 3
    Regulator: OCC
    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: No
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: June 02, 2010
    Last Structure Change Process Date: June 02, 2010
    Last Data Update: June 02, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 602 4th St, Sterling City, TX 76951
    County: Sterling
    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
  • Change in Location
  • Financial Summary
  • Total assets: $112.5 mil
    Equity capital: $10.1 mil
    Deposits held in domestic offices: $102.3 mil
    Return on assets (ROA): 1.17% ($1.3 mil)
    Quarterly return on assets: 1.14% ($1.3 mil)
    Return on Equity (ROE): 11.23% ($1.1 mil)
    Quarterly return on equity: 11.68% ($1.2 mil)
    Net income: $1.1 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 1.17% ($1,316.3 mil)
    Quarterly Pretax return on assets: 1.14% ($1,282.5 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
  • 21Total employees (full-time equivalent)
  • $112,504Total assets
  • $24,607Cash and due from depository institutions
  • $22,520Interest-bearing balances
  • $59,957Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $24,655Net loans & leases
  • $332Loan loss allowance
  • $0Trading account assets
  • $1,742Bank premises and fixed assets
  • $0Other real estate owned
  • $425Goodwill and other intangibles
  • $112,504Life insurance assets
  • $1,118All other assets
  • $102,365Total liabilities and capital
  • $102,312Total liabilities
  • $69,353Total deposits
  • $102,312Interest-bearing deposits
  • $77Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $53Subordinated debt
  • $10,139All other liabilities
  • $10,139Total equity capital
  • $10,139Total bank equity capital
  • $0Perpetual preferred stock
  • $400Common stock
  • $400Surplus
  • $9,339Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $384Income earned, not collected on loans
  • $0Earning assets
  • $667Long-term assets (5+ years)
  • $107,132Average Assets, year-to-date
  • $40,999Average Assets, quarterly
  • $95,638Volatile liabilities
  • $106,801Insider loans
  • $37,108FHLB advances
  • $104,154Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $8,097Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,209Restructured Loans and leases
  • $21Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,437Total interest income
  • $187Total interest expense
  • $3,250Net interest income
  • $0Provision for loan and lease losses
  • $389Total noninterest income
  • $0Fiduciary activities
  • $251Service charges on deposit accounts
  • $0Trading account gains & fees
  • $138Additional noninterest income
  • $2,527Total noninterest expense
  • $1,448Salaries and employee benefits
  • $340Premises and equipment expense
  • $739Additional noninterest expense
  • $1,112Pre-tax net operating income
  • $10Securities gains (losses)
  • $0Applicable income taxes
  • $1,122Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,122Net income attributable to bank
  • $0Net charge-offs
  • $1,122Cash dividends
  • -$73Sale, conversion, retirement of capital stock, net
  • $650Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.81%Yield on earning assets
  • 0.21%Cost of funding earning assets
  • 3.60%Net interest margin
  • 0.43%Noninterest income to earning assets
  • 2.80%Noninterest expense to earning assets
  • 1.16%Net operating income to assets
  • 1.17%Return on assets (ROA)
  • 1.17%Pretax return on assets
  • 11.23%Return on equity (ROE)
  • 4.73%Retained earnings to average equity (YTD only)
  • -0.28%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 69,442Assets per employee
  • 5.36%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 57.93%Loss allowance to loans
  • 1.33%Loss allowance to noncurrent loans
  • 86.46%Noncurrent assets plus other real estate owned to assets
  • 0.34%Noncurrent loans to loans
  • 1.54%Net loans and leases to deposits
  • 24.10%Net loans and leases to core deposits
  • 26.00%Equity capital to assets
  • 9.01%Core capital (leverage) ratio
  • 7.77%Tier 1 risk-based capital ratio
  • 21.82%Total risk-based capital ratio
  • Memoranda
  • $23Average assets
  • $95,638Average earning assets
  • $9,987Average equity
  • $90,304Average loans

List of branches

  • 3 Texas Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    03763The First National Bank Of Sterling602 4th St, Sterling City, TX 76951August 02, 1910Full Service Brick and Mortar
    1207805Glasscock County BranchHighway 33 And Bearkat Road, Garden City, TX 79739September 01, 1992Full Service Brick and Mortar
    21989Bronte Branch102 West Main Street, Bronte, TX 76933January 01, 1906Full Service Brick and Mortar

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