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

First National Bank - Overview

  • General
  • FDIC Certificate #: 34455
    Status: Active
    Federal Reserve ID: 2490285
    Bank Holding Company (Regulatory Top Holder): Rotan Bancshares, Inc. (RSSDID: 2487913, Location: Rotan, TX)
    Date Established: April 01, 1997
    Trust Powers Granted: Yes
    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 #: 57219
    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 01, 1997
    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: 118 North Garfield Street, Rotan, TX 79546
    County: Fisher
    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: $84.1 mil
    Equity capital: $6.8 mil
    Deposits held in domestic offices: $76.3 mil
    Return on assets (ROA): 1.14% ($1.0 mil)
    Quarterly return on assets: 1.45% ($1.2 mil)
    Return on Equity (ROE): 13.39% ($0.9 mil)
    Quarterly return on equity: 18.22% ($1.3 mil)
    Net income: $0.8 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 1.14% ($958.7 mil)
    Quarterly Pretax return on assets: 1.45% ($1,219.4 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)
  • $84,097Total assets
  • $2,563Cash and due from depository institutions
  • $1,079Interest-bearing balances
  • $56,038Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $24,125Net loans & leases
  • $598Loan loss allowance
  • $0Trading account assets
  • $193Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $84,097Life insurance assets
  • $1,178All other assets
  • $77,322Total liabilities and capital
  • $76,331Total liabilities
  • $63,003Total deposits
  • $76,331Interest-bearing deposits
  • $84Deposits held in domestic offices
  • 885.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $106Subordinated debt
  • $6,775All other liabilities
  • $6,775Total equity capital
  • $6,775Total bank equity capital
  • $0Perpetual preferred stock
  • $1,000Common stock
  • $2,000Surplus
  • $3,775Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $304Income earned, not collected on loans
  • $0Earning assets
  • $728Long-term assets (5+ years)
  • $81,242Average Assets, year-to-date
  • $38,632Average Assets, quarterly
  • $72,035Volatile liabilities
  • $83,804Insider loans
  • $35,652FHLB advances
  • $85,733Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $5,988Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,734Restructured Loans and leases
  • $1,209Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,837Total interest income
  • $639Total interest expense
  • $2,198Net interest income
  • $135Provision for loan and lease losses
  • $437Total noninterest income
  • $0Fiduciary activities
  • $260Service charges on deposit accounts
  • $0Trading account gains & fees
  • $177Additional noninterest income
  • $1,808Total noninterest expense
  • $1,134Salaries and employee benefits
  • $83Premises and equipment expense
  • $591Additional noninterest expense
  • $692Pre-tax net operating income
  • $131Securities gains (losses)
  • $0Applicable income taxes
  • $823Income before extraordinary items
  • $0Extraordinary gains - net
  • $823Net income attributable to bank
  • $0Net charge-offs
  • $823Cash dividends
  • $25Sale, conversion, retirement of capital stock, net
  • $300Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.09%Yield on earning assets
  • 0.92%Cost of funding earning assets
  • 3.17%Net interest margin
  • 0.63%Noninterest income to earning assets
  • 2.61%Noninterest expense to earning assets
  • 0.96%Net operating income to assets
  • 1.14%Return on assets (ROA)
  • 1.14%Pretax return on assets
  • 13.39%Return on equity (ROE)
  • 8.51%Retained earnings to average equity (YTD only)
  • 0.09%Net charge-offs to loans
  • 540.00%Credit loss provision to net charge-offs
  • 33.08%Efficiency ratio
  • 68,615Assets per employee
  • 4.95%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 36.45%Loss allowance to loans
  • 2.42%Loss allowance to noncurrent loans
  • 196.71%Noncurrent assets plus other real estate owned to assets
  • 0.36%Noncurrent loans to loans
  • 1.23%Net loans and leases to deposits
  • 31.61%Net loans and leases to core deposits
  • 31.82%Equity capital to assets
  • 8.06%Core capital (leverage) ratio
  • 6.98%Tier 1 risk-based capital ratio
  • 16.80%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $72,035Average earning assets
  • $6,148Average equity
  • $69,366Average loans

List of branches

  • 1 Texas Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    057219First National Bank118 North Garfield Street, Rotan, TX 79546April 01, 1997Full Service Brick and Mortar

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