First Bank & Trust Company in city_name, state_name - Detailed Financial Reports, Location

First Bank & Trust Company in Lubbock, Texas (TX)
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First Bank & Trust Company routing number info

First Bank & Trust Company - Overview

General
FDIC Certificate #: 14778
Status: Active
Federal Reserve ID: 294564
Bank Holding Company (Regulatory Top Holder): First Bank Lubbock Bancshares, Inc. (RSSDID: 2410854, Location: Lubbock, TX)
Date Established: January 01, 1934
WWW: http://www.firstbanklubbock.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 6 (Domestic: 6, Interstate: No)
OTS Docket #: 14038
FDIC's unique #: 9243
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: September 28, 1934
Last Structure Change Effective Date: July 29, 2011
Last Structure Change Process Date: August 03, 2011
Last Data Update: August 03, 2011
Data Source Date: April 05, 2012
Location
Address: 9816 Slide Road, Lubbock, TX 79424
County: Lubbock
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
Metropolitan Statistical Area (MSA): Lubbock, TX (#4600)
Combined Statistical Area (CSA): Lubbock-Levelland, TX (#352)
Core Based Statistical Area (CBSA): Lubbock, TX (#31180)
CBSA Metro Statistical Area: Lubbock, TX (#31180)
History of Changes
Participated in Absorption/Consolidation/Merger
Office Sold
Financial Summary
Total assets: $536.1 mil
Equity capital: $51.7 mil
Deposits held in domestic offices: $422.8 mil
Return on assets (ROA): 0.97% ($5.2 mil)
Quarterly return on assets: 0.33% ($1.8 mil)
Return on Equity (ROE): 10.91% ($5.7 mil)
Quarterly return on equity: 3.41% ($1.8 mil)
Net income: $4.9 mil
Quarterly Net income: $0.4 mil
Pretax return on assets: 0.97% ($5,199.8 mil)
Quarterly Pretax return on assets: 0.33% ($1,769.0 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
146Total employees (full-time equivalent)
$536,057Total assets
$43,981Cash and due from depository institutions
$34,438Interest-bearing balances
$61,892Securities
$0Federal funds sold & reverse repurchase agreements
$361,264Net loans & leases
$4,580Loan loss allowance
$0Trading account assets
$27,432Bank premises and fixed assets
$16,165Other real estate owned
$4,761Goodwill and other intangibles
$536,057Life insurance assets
$20,562All other assets
$484,318Total liabilities and capital
$422,799Total liabilities
$389,317Total deposits
$422,799Interest-bearing deposits
$89Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$58,200Trading liabilities
$0Other borrowed funds
$3,319Subordinated debt
$51,739All other liabilities
$51,739Total equity capital
$51,739Total bank equity capital
$0Perpetual preferred stock
$150Common stock
$43,256Surplus
$8,333Undivided profits
Memoranda
$0Noncurrent loans and leases
$21,529Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$9,345Income earned, not collected on loans
$0Earning assets
$1,745Long-term assets (5+ years)
$457,594Average Assets, year-to-date
$144,008Average Assets, quarterly
$502,432Volatile liabilities
$533,395Insider loans
$378,639FHLB advances
$526,690Loans and leases held for sale
$8,020Unused loan commitments
$8,020Tier 1 (core) risk-based capital
$49,384Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$62,661Restructured Loans and leases
$16,863Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$23,662Total interest income
$6,207Total interest expense
$17,455Net interest income
$3,850Provision for loan and lease losses
$12,511Total noninterest income
$0Fiduciary activities
$1,771Service charges on deposit accounts
$0Trading account gains & fees
$10,740Additional noninterest income
$22,459Total noninterest expense
$10,323Salaries and employee benefits
$2,451Premises and equipment expense
$9,685Additional noninterest expense
$3,657Pre-tax net operating income
$1,236Securities gains (losses)
$0Applicable income taxes
$4,893Income before extraordinary items
$0Extraordinary gains - net
$4,893Net income attributable to bank
$0Net charge-offs
$4,893Cash dividends
$2,814Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.49%Yield on earning assets
1.44%Cost of funding earning assets
4.05%Net interest margin
2.90%Noninterest income to earning assets
5.21%Noninterest expense to earning assets
0.73%Net operating income to assets
0.97%Return on assets (ROA)
0.97%Pretax return on assets
10.91%Return on equity (ROE)
10.91%Retained earnings to average equity (YTD only)
0.80%Net charge-offs to loans
136.82%Credit loss provision to net charge-offs
2.67%Efficiency ratio
73,827Assets per employee
3.67%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.25%Loss allowance to noncurrent loans
49.01%Noncurrent assets plus other real estate owned to assets
4.76%Noncurrent loans to loans
2.55%Net loans and leases to deposits
85.45%Net loans and leases to core deposits
98.29%Equity capital to assets
9.65%Core capital (leverage) ratio
9.38%Tier 1 risk-based capital ratio
13.04%Total risk-based capital ratio
Memoranda
$14Average assets
$502,432Average earning assets
$44,862Average equity
$431,045Average loans

List of branches

6 Texas Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	9243	First Bank & Trust Company	9816 Slide Road, Lubbock, TX 79424	January 01, 1934	Full Service Brick and Mortar
2	364813	Mobile Branch	7806 Indiana Avenue, Lubbock, TX 79423	September 23, 2002	Limited Service Mobile
3	364935	Midcity Branch	3405 22nd Street, Lubbock, TX 79410	September 17, 2001	Full Service Brick and Mortar
4	231773	Lockwood Branch	1910 Lockwood, Tahoka, TX 79373	Febuary 17, 1998	Full Service Brick and Mortar
5	465454	Wilson Bank Branch	2000 Green Avenue, Wilson, TX 79381	July 02, 2007	Full Service Brick and Mortar
6	466653	Southwest Branch	7806 Indiana Avenue, Lubbock, TX 79423	June 25, 2007	Full Service Brick and Mortar

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

First Bank & Trust Company - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

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