FDIC Certificate #: 5546 Status: Active Federal Reserve ID: 467265 Bank Holding Company (Regulatory Top Holder): Tahoka First Bancorp, Inc. (RSSDID: 1830473, Location: Tahoka, TX) Date Established: January 01, 1907 WWW:http://www.fnbtahoka.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 #: 3769 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: November 25, 2009 Last Structure Change Process Date: November 25, 2009 Last Data Update: November 25, 2009 Data Source Date: April 05, 2012
Location
Address: 1605 South First Street, Tahoka, TX 79373 County: Lynn 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
Financial Summary
Total assets: $71.5 mil Equity capital: $6.1 mil Deposits held in domestic offices: $65.3 mil Return on assets (ROA): 0.63% ($0.5 mil) Quarterly return on assets: 0.50% ($0.4 mil) Return on Equity (ROE): 6.99% ($0.4 mil) Quarterly return on equity: 5.71% ($0.3 mil) Net income: $0.4 mil Quarterly Net income: $0.1 mil Pretax return on assets: 0.63% ($450.6 mil) Quarterly Pretax return on assets: 0.50% ($357.6 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
14Total employees (full-time equivalent)
$71,522Total assets
$30,282Cash and due from depository institutions
$25,743Interest-bearing balances
$26,281Securities
$1,050Federal funds sold & reverse repurchase agreements
$13,013Net loans & leases
$201Loan loss allowance
$0Trading account assets
$354Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$71,522Life insurance assets
$542All other assets
$65,443Total liabilities and capital
$65,333Total liabilities
$49,751Total deposits
$65,333Interest-bearing deposits
$82Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$110Subordinated debt
$6,079All other liabilities
$6,079Total equity capital
$6,079Total bank equity capital
$0Perpetual preferred stock
$400Common stock
$400Surplus
$5,279Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$317Long-term assets (5+ years)
$66,087Average Assets, year-to-date
$9,812Average Assets, quarterly
$67,847Volatile liabilities
$71,417Insider loans
$22,567FHLB advances
$72,581Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$5,806Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$2,042Restructured Loans and leases
$450Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,737Total interest income
$297Total interest expense
$1,440Net interest income
$0Provision for loan and lease losses
$236Total noninterest income
$0Fiduciary activities
$172Service charges on deposit accounts
$0Trading account gains & fees
$64Additional noninterest income
$1,247Total noninterest expense
$647Salaries and employee benefits
$90Premises and equipment expense
$510Additional noninterest expense
$429Pre-tax net operating income
$1Securities gains (losses)
$0Applicable income taxes
$430Income before extraordinary items
$0Extraordinary gains - net
$430Net income attributable to bank
$0Net charge-offs
$430Cash dividends
-$7Sale, conversion, retirement of capital stock, net
$330Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
2.82%Yield on earning assets
0.48%Cost of funding earning assets
2.34%Net interest margin
0.38%Noninterest income to earning assets
2.02%Noninterest expense to earning assets
0.63%Net operating income to assets
0.63%Return on assets (ROA)
0.63%Pretax return on assets
6.99%Return on equity (ROE)
1.63%Retained earnings to average equity (YTD only)
-0.05%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
74,403Assets per employee
5.11%Cash dividends to net income (YTD only)
Condition Ratios (%)
76.74%Loss allowance to loans
1.52%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
19.92%Net loans and leases to core deposits
22.04%Equity capital to assets
8.50%Core capital (leverage) ratio
8.00%Tier 1 risk-based capital ratio
25.73%Total risk-based capital ratio
Memoranda
$27Average assets
$67,847Average earning assets
$6,151Average equity
$61,653Average loans
List of branches
1 Texas Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
3769
The First National Bank Of Tahoka
1605 South First Street, Tahoka, TX 79373
January 01, 1907
Full Service Brick and Mortar
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