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)
  • Show street view No street view available for this location

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

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with First Bank and Trust.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents