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

This bank is inactive as of October 28, 2005

  • First National Bank in Cisco in Cisco, Texas (TX)
  • Show street view No street view available for this location

First National Bank in Cisco - Overview

  • General
  • FDIC Certificate #: 3137
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: American State Bank (#16701)
    Federal Reserve ID: 754358
    Date Established: January 01, 1917
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Interstate: No)
    FDIC's unique #: 2008
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: October 28, 2005
    Last Structure Change Process Date: November 15, 2005
    Last Data Update: November 15, 2005
    Data Source Date: April 05, 2012
  • Location
  • Address: 418 Avenue D, Cisco, TX 76437
    County: Eastland
    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
  • Financial Summary
  • Total assets: $40.5 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, 2004)

  • Dollar figures in thousands
  • 18Total employees (full-time equivalent)
  • $41,071Total assets
  • $3,089Cash and due from depository institutions
  • $0Interest-bearing balances
  • $20,204Securities
  • $2,700Federal funds sold & reverse repurchase agreements
  • $14,071Net loans & leases
  • $509Loan loss allowance
  • $0Trading account assets
  • $555Bank premises and fixed assets
  • $88Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $364All other assets
  • $41,071Total liabilities and capital
  • $34,883Total liabilities
  • $34,870Total deposits
  • $26,160Interest-bearing deposits
  • $34,870Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $13All other liabilities
  • $6,188Total equity capital
  • $6,188Total bank equity capital
  • $6,188Perpetual preferred stock
  • $0Common stock
  • $500Surplus
  • $500Undivided profits
  • Memoranda
  • $5,188Noncurrent loans and leases
  • $581Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $27Earning assets
  • $14Long-term assets (5+ years)
  • $266Average Assets, year-to-date
  • $36,975Average Assets, quarterly
  • $552Volatile liabilities
  • $42,145Insider loans
  • $41,986FHLB advances
  • $6,628Loans and leases held for sale
  • $991Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $581Total unused commitments
  • $0Restructured Loans and leases
  • $292Derivatives

Income and Expense (December 31, 2004)

  • Dollar figures in thousands
  • $1,888Total interest income
  • $203Total interest expense
  • $1,685Net interest income
  • -$20Provision for loan and lease losses
  • $308Total noninterest income
  • $0Fiduciary activities
  • $268Service charges on deposit accounts
  • $0Trading account gains & fees
  • $40Additional noninterest income
  • $1,441Total noninterest expense
  • $932Salaries and employee benefits
  • $197Premises and equipment expense
  • $312Additional noninterest expense
  • $572Pre-tax net operating income
  • $0Securities gains (losses)
  • $16Applicable income taxes
  • $556Income before extraordinary items
  • $0Extraordinary gains - net
  • $556Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • -$20Sale, conversion, retirement of capital stock, net
  • $731Net operating income

Performance and Condition Ratios (December 31, 2004)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.98%Yield on earning assets
  • 0.54%Cost of funding earning assets
  • 4.45%Net interest margin
  • 0.81%Noninterest income to earning assets
  • 3.80%Noninterest expense to earning assets
  • 1.32%Net operating income to assets
  • 1.32%Return on assets (ROA)
  • 1.36%Pretax return on assets
  • 8.43%Return on equity (ROE)
  • -2.65%Retained earnings to average equity (YTD only)
  • -0.14%Net charge-offs to loans
  • 100.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 72,303Assets per employee
  • 2.28%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 131.47%Loss allowance to loans
  • 3.49%Loss allowance to noncurrent loans
  • 1885.19%Noncurrent assets plus other real estate owned to assets
  • 0.28%Noncurrent loans to loans
  • 0.19%Net loans and leases to deposits
  • 40.35%Net loans and leases to core deposits
  • 49.82%Equity capital to assets
  • 15.07%Core capital (leverage) ratio
  • 14.98%Tier 1 risk-based capital ratio
  • 27.63%Total risk-based capital ratio
  • Memoranda
  • $29Average assets
  • $42,145Average earning assets
  • $6,596Average equity
  • $37,886Average loans

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with First National Bank in Cisco.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents