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

First Bank in Burkburnett, Texas (TX)
Show street view No street view available for this location

First Bank routing number info

First Bank - Overview

General
FDIC Certificate #: 3121
Status: Active
Federal Reserve ID: 239659
Bank Holding Company (Regulatory Top Holder): First Burkburnett Bancshares, Inc. (RSSDID: 1109544, Location: Wichita Falls, TX)
Date Established: January 01, 1907
WWW: http://www.firstbankweb.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 5 (Domestic: 5, Interstate: No)
OTS Docket #: 13255
FDIC's unique #: 1995
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: July 08, 2009
Last Structure Change Process Date: August 03, 2009
Last Data Update: August 03, 2009
Data Source Date: April 05, 2012
Location
Address: 300 East Third, Burkburnett, TX 76354
County: Wichita
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): Wichita Falls, TX (#9080)
Core Based Statistical Area (CBSA): Wichita Falls, TX (#48660)
CBSA Metro Statistical Area: Wichita Falls, TX (#48660)
History of Changes
Change in Supervisory Agency
Institution Withdraws from FRS (Federal Reserve System)
Change in Primary Regulatory Agency
Financial Summary
Total assets: $254.0 mil
Equity capital: $24.0 mil
Deposits held in domestic offices: $209.1 mil
Return on assets (ROA): 1.77% ($4.5 mil)
Quarterly return on assets: 1.98% ($5.0 mil)
Return on Equity (ROE): 19.21% ($4.6 mil)
Quarterly return on equity: 21.42% ($5.1 mil)
Net income: $4.3 mil
Quarterly Net income: $1.3 mil
Pretax return on assets: 1.77% ($4,495.0 mil)
Quarterly Pretax return on assets: 1.98% ($5,028.3 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
98Total employees (full-time equivalent)
$253,956Total assets
$34,112Cash and due from depository institutions
$3,289Interest-bearing balances
$6,757Securities
$0Federal funds sold & reverse repurchase agreements
$198,061Net loans & leases
$3,089Loan loss allowance
$0Trading account assets
$10,107Bank premises and fixed assets
$1,084Other real estate owned
$0Goodwill and other intangibles
$253,956Life insurance assets
$3,835All other assets
$229,951Total liabilities and capital
$209,061Total liabilities
$133,289Total deposits
$209,061Interest-bearing deposits
$99Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$20,215Trading liabilities
$0Other borrowed funds
$675Subordinated debt
$24,005All other liabilities
$24,005Total equity capital
$24,005Total bank equity capital
$0Perpetual preferred stock
$300Common stock
$11,700Surplus
$12,005Undivided profits
Memoranda
$0Noncurrent loans and leases
$2,501Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,150Income earned, not collected on loans
$0Earning assets
$1,169Long-term assets (5+ years)
$208,107Average Assets, year-to-date
$16,891Average Assets, quarterly
$245,323Volatile liabilities
$253,378Insider loans
$188,182FHLB advances
$251,971Loans and leases held for sale
$677Unused loan commitments
$677Tier 1 (core) risk-based capital
$23,767Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$15,191Restructured Loans and leases
$10,277Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$12,742Total interest income
$1,315Total interest expense
$11,427Net interest income
$575Provision for loan and lease losses
$2,101Total noninterest income
$0Fiduciary activities
$1,373Service charges on deposit accounts
$0Trading account gains & fees
$728Additional noninterest income
$8,615Total noninterest expense
$4,942Salaries and employee benefits
$1,317Premises and equipment expense
$2,356Additional noninterest expense
$4,338Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$4,338Income before extraordinary items
$0Extraordinary gains - net
$4,338Net income attributable to bank
$0Net charge-offs
$4,338Cash dividends
$230Sale, conversion, retirement of capital stock, net
$1,989Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
6.27%Yield on earning assets
0.65%Cost of funding earning assets
5.62%Net interest margin
1.03%Noninterest income to earning assets
4.24%Noninterest expense to earning assets
1.77%Net operating income to assets
1.77%Return on assets (ROA)
1.77%Pretax return on assets
19.21%Return on equity (ROE)
10.40%Retained earnings to average equity (YTD only)
0.12%Net charge-offs to loans
250.00%Credit loss provision to net charge-offs
21.36%Efficiency ratio
63,683Assets per employee
2.59%Cash dividends to net income (YTD only)
Condition Ratios (%)
45.85%Loss allowance to loans
1.54%Loss allowance to noncurrent loans
268.61%Noncurrent assets plus other real estate owned to assets
0.88%Noncurrent loans to loans
0.57%Net loans and leases to deposits
94.74%Net loans and leases to core deposits
98.86%Equity capital to assets
9.45%Core capital (leverage) ratio
9.43%Tier 1 risk-based capital ratio
12.63%Total risk-based capital ratio
Memoranda
$14Average assets
$245,323Average earning assets
$22,586Average equity
$203,371Average loans

List of branches

5 Texas Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	1995	First Bank	300 East Third, Burkburnett, TX 76354	January 01, 1907	Full Service Brick and Mortar
1	196089	Wichita Falls Branch	4110 Kell, Wichita Falls, TX 76309	Febuary 07, 1994	Full Service Brick and Mortar
2	444346	Iowa Park Branch	318 W. Park Street, Iowa Park, TX 76367	January 25, 2005	Full Service Brick and Mortar
4	452378	Wichita Falls - Downtown Branch	901 Lamar St., Wichita Falls, TX 76301	January 25, 2006	Full Service Brick and Mortar
5	465458	Midwestern Branch	2801 Midwestern Parkway, Wichita Falls, TX 76308	Febuary 20, 2007	Full Service Brick and Mortar

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

First Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

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

First Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

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