First National Bank in city_name, state_name - Detailed Financial Reports, Location

First National Bank in Spearman, Texas (TX)
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First National Bank - Overview

General
FDIC Certificate #: 26219
Status: Active
Federal Reserve ID: 266066
Bank Holding Company (Regulatory Top Holder): Spearman Bancshares, Inc. (RSSDID: 1840351, Location: Spearman, TX)
Date Established: April 24, 1985
WWW: http://www.fnbhome.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: 2 (Domestic: 2, Interstate: No)
FDIC's unique #: 32551
Numeric code: 3
Regulator: OCC
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: No
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: April 24, 1985
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: 729 West Seventh Street, Spearman, TX 79081
County: Hansford
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: $160.1 mil
Equity capital: $15.2 mil
Deposits held in domestic offices: $137.9 mil
Return on assets (ROA): 1.28% ($2.0 mil)
Quarterly return on assets: 0.17% ($0.3 mil)
Return on Equity (ROE): 14.11% ($2.1 mil)
Quarterly return on equity: 1.73% ($0.3 mil)
Net income: $2.0 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 1.29% ($2,065.0 mil)
Quarterly Pretax return on assets: 0.17% ($272.1 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
33Total employees (full-time equivalent)
$160,074Total assets
$10,773Cash and due from depository institutions
$7,671Interest-bearing balances
$59,479Securities
$0Federal funds sold & reverse repurchase agreements
$82,215Net loans & leases
$1,066Loan loss allowance
$0Trading account assets
$2,909Bank premises and fixed assets
$166Other real estate owned
$0Goodwill and other intangibles
$160,073Life insurance assets
$4,532All other assets
$144,834Total liabilities and capital
$137,880Total liabilities
$111,442Total deposits
$137,880Interest-bearing deposits
$82Deposits held in domestic offices
200.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$5,381Trading liabilities
$0Other borrowed funds
$1,373Subordinated debt
$15,239All other liabilities
$15,239Total equity capital
$15,239Total bank equity capital
$0Perpetual preferred stock
$1,000Common stock
$1,000Surplus
$13,239Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,139Income earned, not collected on loans
$12Earning assets
$958Long-term assets (5+ years)
$149,365Average Assets, year-to-date
$71,870Average Assets, quarterly
$155,975Volatile liabilities
$159,821Insider loans
$96,852FHLB advances
$155,992Loans and leases held for sale
$2,438Unused loan commitments
$2,438Tier 1 (core) risk-based capital
$13,468Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$22,942Restructured Loans and leases
$2,702Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$7,092Total interest income
$1,301Total interest expense
$5,791Net interest income
$924Provision for loan and lease losses
$570Total noninterest income
$0Fiduciary activities
$263Service charges on deposit accounts
$0Trading account gains & fees
$307Additional noninterest income
$3,550Total noninterest expense
$2,012Salaries and employee benefits
$387Premises and equipment expense
$1,151Additional noninterest expense
$1,887Pre-tax net operating income
$123Securities gains (losses)
$10Applicable income taxes
$2,000Income before extraordinary items
$0Extraordinary gains - net
$2,000Net income attributable to bank
$0Net charge-offs
$2,000Cash dividends
$708Sale, conversion, retirement of capital stock, net
$678Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.88%Yield on earning assets
0.90%Cost of funding earning assets
3.99%Net interest margin
0.39%Noninterest income to earning assets
2.44%Noninterest expense to earning assets
1.20%Net operating income to assets
1.28%Return on assets (ROA)
1.29%Pretax return on assets
14.11%Return on equity (ROE)
9.33%Retained earnings to average equity (YTD only)
0.86%Net charge-offs to loans
130.51%Credit loss provision to net charge-offs
3.97%Efficiency ratio
55,809Assets per employee
4.85%Cash dividends to net income (YTD only)
Condition Ratios (%)
33.90%Loss allowance to loans
1.28%Loss allowance to noncurrent loans
93.59%Noncurrent assets plus other real estate owned to assets
0.82%Noncurrent loans to loans
1.37%Net loans and leases to deposits
59.63%Net loans and leases to core deposits
71.02%Equity capital to assets
9.52%Core capital (leverage) ratio
8.63%Tier 1 risk-based capital ratio
13.91%Total risk-based capital ratio
Memoranda
$15Average assets
$155,975Average earning assets
$14,174Average equity
$145,270Average loans

List of branches

2 Texas Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	32551	First National Bank	729 West Seventh Street, Spearman, TX 79081	April 24, 1985	Full Service Brick and Mortar
1	430598	Dumas Banking Center Branch	1201 E First St, Dumas, TX 79029	October 02, 2002	Full Service Brick and Mortar

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

First National Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

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

First National Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

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