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

First Bank and Trust of Memphis - Overview

  • General
  • FDIC Certificate #: 3335
    Status: Active
    Federal Reserve ID: 373553
    Bank Holding Company (Regulatory Top Holder): Falcon Bancorporation (RSSDID: 1241211, Location: Memphis, TX)
    Date Established: March 01, 1898
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 11790
    FDIC's unique #: 2157
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Agricultural lending institution: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 501 Main Street, Memphis, TX 79245
    County: Hall
    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
  • History of Changes
  • Change in Geographic Region/Area/Territory/Field Office
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $69.0 mil
    Equity capital: $6.3 mil
    Deposits held in domestic offices: $62.3 mil
    Return on assets (ROA): 1.08% ($0.7 mil)
    Quarterly return on assets: 0.82% ($0.6 mil)
    Return on Equity (ROE): 11.70% ($0.7 mil)
    Quarterly return on equity: 8.77% ($0.5 mil)
    Net income: $0.7 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 1.08% ($745.2 mil)
    Quarterly Pretax return on assets: 0.82% ($565.8 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
  • 11Total employees (full-time equivalent)
  • $69,000Total assets
  • $1,052Cash and due from depository institutions
  • $315Interest-bearing balances
  • $5,511Securities
  • $13,189Federal funds sold & reverse repurchase agreements
  • $47,468Net loans & leases
  • $491Loan loss allowance
  • $0Trading account assets
  • $136Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $69,000Life insurance assets
  • $1,644All other assets
  • $62,736Total liabilities and capital
  • $62,303Total liabilities
  • $49,378Total deposits
  • $62,303Interest-bearing deposits
  • $92Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $433Subordinated debt
  • $6,264All other liabilities
  • $6,264Total equity capital
  • $6,264Total bank equity capital
  • $0Perpetual preferred stock
  • $215Common stock
  • $5,135Surplus
  • $914Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,322Income earned, not collected on loans
  • $59Earning assets
  • $449Long-term assets (5+ years)
  • $66,483Average Assets, year-to-date
  • $12,426Average Assets, quarterly
  • $66,991Volatile liabilities
  • $67,163Insider loans
  • $55,855FHLB advances
  • $67,508Loans and leases held for sale
  • $886Unused loan commitments
  • $886Tier 1 (core) risk-based capital
  • $6,275Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $979Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,548Total interest income
  • $805Total interest expense
  • $1,743Net interest income
  • $55Provision for loan and lease losses
  • $172Total noninterest income
  • $0Fiduciary activities
  • $86Service charges on deposit accounts
  • $0Trading account gains & fees
  • $86Additional noninterest income
  • $1,146Total noninterest expense
  • $551Salaries and employee benefits
  • $71Premises and equipment expense
  • $524Additional noninterest expense
  • $714Pre-tax net operating income
  • $11Securities gains (losses)
  • $0Applicable income taxes
  • $725Income before extraordinary items
  • $0Extraordinary gains - net
  • $725Net income attributable to bank
  • $0Net charge-offs
  • $725Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $544Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.96%Yield on earning assets
  • 1.25%Cost of funding earning assets
  • 2.71%Net interest margin
  • 0.27%Noninterest income to earning assets
  • 1.78%Noninterest expense to earning assets
  • 1.07%Net operating income to assets
  • 1.08%Return on assets (ROA)
  • 1.08%Pretax return on assets
  • 11.70%Return on equity (ROE)
  • 2.92%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 59,843Assets per employee
  • 6.27%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 75.03%Loss allowance to loans
  • 1.02%Loss allowance to noncurrent loans
  • 37.14%Noncurrent assets plus other real estate owned to assets
  • 1.92%Noncurrent loans to loans
  • 2.76%Net loans and leases to deposits
  • 76.19%Net loans and leases to core deposits
  • 86.21%Equity capital to assets
  • 9.08%Core capital (leverage) ratio
  • 9.30%Tier 1 risk-based capital ratio
  • 11.23%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $66,991Average earning assets
  • $6,197Average equity
  • $64,356Average loans

List of branches

  • 2 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    02157First Bank And Trust Of Memphis501 Main Street, Memphis, TX 79245March 01, 1898Full Service Brick and Mortar
    1446151Amarillo Branch6900 I-40 West Suite 125, Amarillo, TX 79106November 07, 2005Full Service Brick and Mortar

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