First Bank and Trust in Cleveland, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 09, 1999

  • First Bank and Trust in Cleveland, Texas (TX)
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First Bank and Trust - Overview

  • General
  • FDIC Certificate #: 2407
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: First Bank & Trust East Texas (#17233)
    Federal Reserve ID: 759054
    Date Established: January 01, 1926
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 1584
    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: Febuary 09, 1999
    Last Structure Change Process Date: April 07, 1999
    Last Data Update: May 21, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 200 East Crockett Street, Cleveland, TX 77327
    County: Liberty
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Houston
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Houston, TX (#3360)
    Consolidated Metropolitan Statistical Area (CMSA): Houston-Galveston-Brazoria, TX (#42)
    Combined Statistical Area (CSA): Houston-Baytown-Huntsville, TX (#288)
    Core Based Statistical Area (CBSA): Houston-Sugar Land-Baytown, TX (#26420)
    CBSA Metro Statistical Area: Houston-Sugar Land-Baytown, TX (#26420)
  • History of Changes
  • Merger - Without Assistance
  • Financial Summary
  • Total assets: $74.2 mil

1992 - 1999 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, 1998)

  • Dollar figures in thousands
  • 43Total employees (full-time equivalent)
  • $74,225Total assets
  • $6,016Cash and due from depository institutions
  • $2,669Interest-bearing balances
  • $28,450Securities
  • $8,750Federal funds sold & reverse repurchase agreements
  • $28,561Net loans & leases
  • $462Loan loss allowance
  • $0Trading account assets
  • $1,845Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $603All other assets
  • $74,225Total liabilities and capital
  • $65,060Total liabilities
  • $64,122Total deposits
  • $42,344Interest-bearing deposits
  • $64,122Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $938All other liabilities
  • $9,165Total equity capital
  • $9,165Total bank equity capital
  • $9,165Perpetual preferred stock
  • $0Common stock
  • $1,000Surplus
  • $6,980Undivided profits
  • Memoranda
  • $1,185Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $129Earning assets
  • $0Long-term assets (5+ years)
  • $149Average Assets, year-to-date
  • $68,430Average Assets, quarterly
  • $18,952Volatile liabilities
  • $73,817Insider loans
  • $74,108FHLB advances
  • $1,149Loans and leases held for sale
  • $864Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $4,603Total unused commitments
  • $0Restructured Loans and leases
  • $36,315Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $4,990Total interest income
  • $1,607Total interest expense
  • $3,383Net interest income
  • -$24Provision for loan and lease losses
  • $1,226Total noninterest income
  • $0Fiduciary activities
  • $777Service charges on deposit accounts
  • $0Trading account gains & fees
  • $449Additional noninterest income
  • $3,096Total noninterest expense
  • $1,632Salaries and employee benefits
  • $575Premises and equipment expense
  • $889Additional noninterest expense
  • $1,537Pre-tax net operating income
  • $0Securities gains (losses)
  • $489Applicable income taxes
  • $1,048Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,048Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • -$4Sale, conversion, retirement of capital stock, net
  • $585Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.35%Yield on earning assets
  • 2.37%Cost of funding earning assets
  • 4.99%Net interest margin
  • 1.81%Noninterest income to earning assets
  • 4.56%Noninterest expense to earning assets
  • 1.42%Net operating income to assets
  • 1.42%Return on assets (ROA)
  • 2.08%Pretax return on assets
  • 11.81%Return on equity (ROE)
  • 5.22%Retained earnings to average equity (YTD only)
  • -0.01%Net charge-offs to loans
  • 600.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 67,173Assets per employee
  • 1.73%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 55.82%Loss allowance to loans
  • 1.59%Loss allowance to noncurrent loans
  • 358.14%Noncurrent assets plus other real estate owned to assets
  • 0.17%Noncurrent loans to loans
  • 0.44%Net loans and leases to deposits
  • 44.54%Net loans and leases to core deposits
  • 45.35%Equity capital to assets
  • 12.35%Core capital (leverage) ratio
  • 12.31%Tier 1 risk-based capital ratio
  • 25.20%Total risk-based capital ratio
  • Memoranda
  • $26Average assets
  • $73,817Average earning assets
  • $8,876Average equity
  • $67,848Average loans

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