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


First National Bank - Overview

  • General
  • FDIC Certificate #: 23891
    Status: Active
    Federal Reserve ID: 276355
    Bank Holding Company (Regulatory Top Holder): First Groesbeck Holding Company (RSSDID: 1109357, Location: Groesbeck, TX)
    Date Established: June 18, 1982
    WWW: http://www.fnbgroesbeck.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 #: 16690
    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: No
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: June 18, 1982
    Last Structure Change Effective Date: December 03, 2008
    Last Structure Change Process Date: December 09, 2008
    Last Data Update: December 09, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 409 South Ellis Street, Groesbeck, TX 76642
    County: Limestone
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Dallas
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $52.7 mil
    Equity capital: $4.8 mil
    Deposits held in domestic offices: $47.7 mil
    Return on assets (ROA): 0.49% ($0.3 mil)
    Quarterly return on assets: 0.70% ($0.4 mil)
    Return on Equity (ROE): 5.36% ($0.3 mil)
    Quarterly return on equity: 7.68% ($0.4 mil)
    Net income: $0.3 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.69% ($363.6 mil)
    Quarterly Pretax return on assets: 0.94% ($495.4 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
  • 17Total employees (full-time equivalent)
  • $52,699Total assets
  • $8,920Cash and due from depository institutions
  • $6,715Interest-bearing balances
  • $10,408Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $32,022Net loans & leases
  • $471Loan loss allowance
  • $0Trading account assets
  • $243Bank premises and fixed assets
  • $565Other real estate owned
  • $0Goodwill and other intangibles
  • $52,699Life insurance assets
  • $541All other assets
  • $47,875Total liabilities and capital
  • $47,735Total liabilities
  • $35,540Total deposits
  • $47,735Interest-bearing deposits
  • $98Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $140Subordinated debt
  • $4,824All other liabilities
  • $4,824Total equity capital
  • $4,824Total bank equity capital
  • $0Perpetual preferred stock
  • $1,150Common stock
  • $1,150Surplus
  • $2,524Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $153Income earned, not collected on loans
  • $0Earning assets
  • $296Long-term assets (5+ years)
  • $49,145Average Assets, year-to-date
  • $17,544Average Assets, quarterly
  • $52,129Volatile liabilities
  • $52,975Insider loans
  • $27,145FHLB advances
  • $53,219Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $4,824Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $760Restructured Loans and leases
  • $1,738Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,549Total interest income
  • $490Total interest expense
  • $2,059Net interest income
  • $100Provision for loan and lease losses
  • $453Total noninterest income
  • $0Fiduciary activities
  • $259Service charges on deposit accounts
  • $0Trading account gains & fees
  • $194Additional noninterest income
  • $2,052Total noninterest expense
  • $944Salaries and employee benefits
  • $141Premises and equipment expense
  • $967Additional noninterest expense
  • $360Pre-tax net operating income
  • $0Securities gains (losses)
  • $103Applicable income taxes
  • $257Income before extraordinary items
  • $0Extraordinary gains - net
  • $257Net income attributable to bank
  • $0Net charge-offs
  • $257Cash dividends
  • $105Sale, conversion, retirement of capital stock, net
  • $138Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.25%Yield on earning assets
  • 1.01%Cost of funding earning assets
  • 4.24%Net interest margin
  • 0.93%Noninterest income to earning assets
  • 4.23%Noninterest expense to earning assets
  • 0.49%Net operating income to assets
  • 0.49%Return on assets (ROA)
  • 0.69%Pretax return on assets
  • 5.36%Return on equity (ROE)
  • 2.48%Retained earnings to average equity (YTD only)
  • 0.32%Net charge-offs to loans
  • 95.24%Credit loss provision to net charge-offs
  • 4.38%Efficiency ratio
  • 81,688Assets per employee
  • 3.10%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 53.70%Loss allowance to loans
  • 1.45%Loss allowance to noncurrent loans
  • 307.84%Noncurrent assets plus other real estate owned to assets
  • 1.36%Noncurrent loans to loans
  • 0.47%Net loans and leases to deposits
  • 67.08%Net loans and leases to core deposits
  • 70.58%Equity capital to assets
  • 9.15%Core capital (leverage) ratio
  • 9.06%Tier 1 risk-based capital ratio
  • 17.77%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $52,129Average earning assets
  • $4,792Average equity
  • $48,547Average loans

List of branches

  • 1 Texas Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    016690First National Bank409 South Ellis Street, Groesbeck, TX 76642June 18, 1982Full Service Brick and Mortar

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