First Bank & Trust in Shamrock, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 31, 1998

  • First Bank & Trust in Shamrock, Texas (TX)
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First Bank & Trust - Overview

  • General
  • FDIC Certificate #: 12683
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: National Bank of Commerce (#24567)
    Federal Reserve ID: 243067
    Date Established: Febuary 01, 1909
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 8046
    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: January 01, 1934
    Last Structure Change Effective Date: March 31, 1998
    Last Structure Change Process Date: April 22, 1998
    Last Data Update: April 22, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 301 North Main Street, Shamrock, TX 79079
    County: Wheeler
    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: $20.2 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 10Total employees (full-time equivalent)
  • $20,168Total assets
  • $1,095Cash and due from depository institutions
  • $0Interest-bearing balances
  • $8,767Securities
  • $1,750Federal funds sold & reverse repurchase agreements
  • $7,754Net loans & leases
  • $131Loan loss allowance
  • $0Trading account assets
  • $215Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $587All other assets
  • $20,168Total liabilities and capital
  • $18,050Total liabilities
  • $17,743Total deposits
  • $13,405Interest-bearing deposits
  • $17,743Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $307All other liabilities
  • $2,118Total equity capital
  • $2,118Total bank equity capital
  • $2,118Perpetual preferred stock
  • $0Common stock
  • $200Surplus
  • $1,000Undivided profits
  • Memoranda
  • $918Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $139Earning assets
  • $0Long-term assets (5+ years)
  • $116Average Assets, year-to-date
  • $18,271Average Assets, quarterly
  • $386Volatile liabilities
  • $22,023Insider loans
  • $20,703FHLB advances
  • $1,706Loans and leases held for sale
  • $1,102Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,278Total unused commitments
  • $0Restructured Loans and leases
  • $9,656Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $1,505Total interest income
  • $676Total interest expense
  • $829Net interest income
  • $539Provision for loan and lease losses
  • $327Total noninterest income
  • $0Fiduciary activities
  • $35Service charges on deposit accounts
  • $0Trading account gains & fees
  • $292Additional noninterest income
  • $598Total noninterest expense
  • $308Salaries and employee benefits
  • $108Premises and equipment expense
  • $182Additional noninterest expense
  • $19Pre-tax net operating income
  • $0Securities gains (losses)
  • $8Applicable income taxes
  • $11Income before extraordinary items
  • $0Extraordinary gains - net
  • $11Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $514Sale, conversion, retirement of capital stock, net
  • $6Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.48%Yield on earning assets
  • 3.36%Cost of funding earning assets
  • 4.12%Net interest margin
  • 1.63%Noninterest income to earning assets
  • 2.97%Noninterest expense to earning assets
  • 0.05%Net operating income to assets
  • 0.05%Return on assets (ROA)
  • 0.09%Pretax return on assets
  • 0.53%Return on equity (ROE)
  • 0.24%Retained earnings to average equity (YTD only)
  • 5.76%Net charge-offs to loans
  • 104.86%Credit loss provision to net charge-offs
  • 1.09%Efficiency ratio
  • 51,730Assets per employee
  • 2.02%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 54.55%Loss allowance to loans
  • 1.66%Loss allowance to noncurrent loans
  • 94.24%Noncurrent assets plus other real estate owned to assets
  • 0.69%Noncurrent loans to loans
  • 1.76%Net loans and leases to deposits
  • 43.70%Net loans and leases to core deposits
  • 48.35%Equity capital to assets
  • 10.50%Core capital (leverage) ratio
  • 9.96%Tier 1 risk-based capital ratio
  • 21.84%Total risk-based capital ratio
  • Memoranda
  • $23Average assets
  • $22,023Average earning assets
  • $2,063Average equity
  • $20,121Average loans

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