First-Lockhart National Bank in Lockhart, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches


First-Lockhart National Bank - Overview

  • General
  • FDIC 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
  • Location
  • Address: 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 Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total 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
  • 47Total employees (full-time equivalent)
  • $159,912Total assets
  • $13,301Cash and due from depository institutions
  • $8,784Interest-bearing balances
  • $31,060Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $107,120Net loans & leases
  • $1,996Loan loss allowance
  • $0Trading account assets
  • $2,559Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $159,912Life insurance assets
  • $5,872All other assets
  • $144,547Total liabilities and capital
  • $142,232Total liabilities
  • $109,197Total deposits
  • $142,232Interest-bearing deposits
  • $88Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $226Trading liabilities
  • $0Other borrowed funds
  • $2,089Subordinated debt
  • $15,365All other liabilities
  • $15,365Total equity capital
  • $15,365Total bank equity capital
  • $0Perpetual preferred stock
  • $240Common stock
  • $1,300Surplus
  • $13,825Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $624Long-term assets (5+ years)
  • $146,964Average Assets, year-to-date
  • $85,586Average Assets, quarterly
  • $156,308Volatile liabilities
  • $158,227Insider loans
  • $108,479FHLB advances
  • $159,758Loans and leases held for sale
  • $3,933Unused loan commitments
  • $3,933Tier 1 (core) risk-based capital
  • $14,098Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $7,910Restructured Loans and leases
  • $3,365Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $7,523Total interest income
  • $1,054Total interest expense
  • $6,469Net interest income
  • $530Provision for loan and lease losses
  • $2,298Total noninterest income
  • $0Fiduciary activities
  • $1,299Service charges on deposit accounts
  • $0Trading account gains & fees
  • $999Additional noninterest income
  • $5,912Total noninterest expense
  • $3,163Salaries and employee benefits
  • $495Premises and equipment expense
  • $2,254Additional noninterest expense
  • $2,325Pre-tax net operating income
  • $119Securities gains (losses)
  • $12Applicable income taxes
  • $2,432Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,432Net income attributable to bank
  • $0Net charge-offs
  • $2,432Cash dividends
  • $57Sale, conversion, retirement of capital stock, net
  • $1,391Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.18%Yield on earning assets
  • 0.73%Cost of funding earning assets
  • 4.45%Net interest margin
  • 1.58%Noninterest income to earning assets
  • 4.07%Noninterest expense to earning assets
  • 1.48%Net operating income to assets
  • 1.56%Return on assets (ROA)
  • 1.56%Pretax return on assets
  • 16.49%Return on equity (ROE)
  • 7.06%Retained earnings to average equity (YTD only)
  • 0.05%Net charge-offs to loans
  • 929.82%Credit loss provision to net charge-offs
  • 50.09%Efficiency ratio
  • 67,435Assets per employee
  • 3.40%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 57.20%Loss allowance to loans
  • 1.83%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 75.31%Net loans and leases to core deposits
  • 79.65%Equity capital to assets
  • 9.61%Core capital (leverage) ratio
  • 8.82%Tier 1 risk-based capital ratio
  • 13.00%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $156,308Average earning assets
  • $14,750Average equity
  • $145,368Average loans

List of branches

  • 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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