First-Lockhart National Bank in Lockhart, Texas (TX)



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First-Lockhart National Bank routing number info

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First-Lockhart National Bank
GeneralFDIC Certificate #: 13599
Status: Active
Federal Reserve ID: 631150
Bank Holding Company (Regulatory Top Holder): Lockhart Bankshares, Inc. (RSSDID: 1995998, Location: Lockhart, TX)
Date Established: January 09, 1934
WWW: http://www.firstlockhart.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 1 (Domestic: 1, Interstate: No)
FDIC's unique #: 8504
Numeric code: 3
Regulator: OCC
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: No
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: January 09, 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
LocationAddress: 111 Main Street, Lockhart, TX 78644
County: Caldwell
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Austin
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
Metropolitan Statistical Area (MSA): Austin-San Marcos, TX (#640)
Combined Statistical Area (CSA): Austin-Round Rock-Marble Falls, TX (#126)
Core Based Statistical Area (CBSA): Austin-Round Rock-San Marcos, TX (#12420)
CBSA Metro Statistical Area: Austin-Round Rock-San Marcos, TX (#12420)
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $159.9 mil
Equity capital: $15.4 mil
Deposits held in domestic offices: $142.2 mil
Return on assets (ROA): 1.56% ($2.5 mil)
Quarterly return on assets: 1.12% ($1.8 mil)
Return on Equity (ROE): 16.49% ($2.5 mil)
Quarterly return on equity: 11.53% ($1.7 mil)
Net income: $2.4 mil
Quarterly Net income: $0.4 mil
Pretax return on assets: 1.56% ($2,494.6 mil)
Quarterly Pretax return on assets: 1.13% ($1,807.0 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)
Total employees (full-time equivalent)47
Total assets$159,912
Cash and due from depository institutions$13,301
Interest-bearing balances$8,784
Securities$31,060
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$107,120
Loan loss allowance $1,996
Trading account assets$0
Bank premises and fixed assets$2,559
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$5,872
Life insurance assets$159,912
Total liabilities and capital$144,547
Total liabilities$142,232
Total deposits$109,197
Interest-bearing deposits$142,232
Deposits held in domestic offices$88
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$226
Other borrowed funds $0
Subordinated debt $2,089
All other liabilities $15,365
Total equity capital$15,365
Total bank equity capital$15,365
Perpetual preferred stock$0
Common stock$240
Surplus$1,300
Undivided profits $13,825
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $0
Earning assets $0
Long-term assets (5+ years) $624
Average Assets, year-to-date $146,964
Average Assets, quarterly $85,586
Volatile liabilities $156,308
Insider loans $158,227
FHLB advances $108,479
Loans and leases held for sale $159,758
Unused loan commitments $3,933
Tier 1 (core) risk-based capital $3,933
Tier 2 risk-based capital $14,098
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $7,910
Derivatives$3,365
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $7,523
Total interest expense $1,054
Net interest income $6,469
Provision for loan and lease losses $530
Total noninterest income $2,298
Fiduciary activities $0
Service charges on deposit accounts $1,299
Trading account gains & fees $0
Additional noninterest income $999
Total noninterest expense $5,912
Salaries and employee benefits $3,163
Premises and equipment expense $495
Additional noninterest expense $2,254
Pre-tax net operating income $2,325
Securities gains (losses) $119
Applicable income taxes $12
Income before extraordinary items $2,432
Extraordinary gains - net $0
Net income attributable to bank $2,432
Net charge-offs $0
Cash dividends $2,432
Sale, conversion, retirement of capital stock, net $57
Net operating income $1,391
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.18%
Cost of funding earning assets 0.73%
Net interest margin 4.45%
Noninterest income to earning assets 1.58%
Noninterest expense to earning assets 4.07%
Net operating income to assets 1.48%
Return on assets (ROA) 1.56%
Pretax return on assets 1.56%
Return on equity (ROE) 16.49%
Retained earnings to average equity (YTD only) 7.06%
Net charge-offs to loans 0.05%
Credit loss provision to net charge-offs 929.82%
Efficiency ratio50.09%
Assets per employee$67,435
Cash dividends to net income (YTD only)3.40%
Condition Ratios (%)
Loss allowance to loans 57.20%
Loss allowance to noncurrent loans 1.83%
Noncurrent assets plus other real estate owned to assets 0.00%
Noncurrent loans to loans 0.00%
Net loans and leases to deposits0.00%
Net loans and leases to core deposits 75.31%
Equity capital to assets 79.65%
Core capital (leverage) ratio 9.61%
Tier 1 risk-based capital ratio 8.82%
Total risk-based capital ratio 13.00%
Memoranda
Average assets$14
Average earning assets$156,308
Average equity $14,750
Average loans $145,368
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1 Texas Branch as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
08504First-Lockhart National Bank111 Main Street, Lockhart, TX 78644January 09, 1934Full Service Brick and Mortar
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