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

First National Bank in Port Lavaca - Overview

  • General
  • FDIC Certificate #: 17811
    Status: Active
    Federal Reserve ID: 855264
    Bank Holding Company (Regulatory Top Holder): Bauer Management, Inc. (RSSDID: 2755153, Location: Port Lavaca, TX)
    Date Established: November 13, 1957
    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: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 11759
    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: Other Specialized Lending < 1 Billion
    Date of Deposit Insurance: November 13, 1957
    Last Structure Change Effective Date: June 30, 2006
    Last Structure Change Process Date: September 19, 2006
    Last Data Update: September 19, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 1101 Hwy 35 Bypass South, Port Lavaca, TX 77979
    County: Calhoun
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Houston
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Core Based Statistical Area (CBSA): Victoria, TX (#47020)
    CBSA Metro Statistical Area: Victoria, TX (#47020)
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $217.3 mil
    Equity capital: $26.4 mil
    Deposits held in domestic offices: $188.5 mil
    Return on assets (ROA): 0.44% ($1.0 mil)
    Quarterly return on assets: 0.39% ($0.8 mil)
    Return on Equity (ROE): 3.66% ($1.0 mil)
    Quarterly return on equity: 3.18% ($0.8 mil)
    Net income: $0.9 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 0.58% ($1,260.1 mil)
    Quarterly Pretax return on assets: 0.67% ($1,455.6 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)
  • $217,251Total assets
  • $10,764Cash and due from depository institutions
  • $8,111Interest-bearing balances
  • $124,711Securities
  • $1,325Federal funds sold & reverse repurchase agreements
  • $72,101Net loans & leases
  • $1,191Loan loss allowance
  • $0Trading account assets
  • $4,422Bank premises and fixed assets
  • $1,349Other real estate owned
  • $408Goodwill and other intangibles
  • $217,251Life insurance assets
  • $2,171All other assets
  • $190,804Total liabilities and capital
  • $188,474Total liabilities
  • $163,456Total deposits
  • $188,474Interest-bearing deposits
  • $81Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $2,330Subordinated debt
  • $26,447All other liabilities
  • $26,447Total equity capital
  • $26,447Total bank equity capital
  • $0Perpetual preferred stock
  • $4,800Common stock
  • $4,800Surplus
  • $16,847Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $117Income earned, not collected on loans
  • $0Earning assets
  • $1,238Long-term assets (5+ years)
  • $206,248Average Assets, year-to-date
  • $120,447Average Assets, quarterly
  • $213,751Volatile liabilities
  • $218,752Insider loans
  • $81,786FHLB advances
  • $219,448Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $23,111Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $4,022Restructured Loans and leases
  • $387Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $7,880Total interest income
  • $2,513Total interest expense
  • $5,367Net interest income
  • $971Provision for loan and lease losses
  • $664Total noninterest income
  • $110Fiduciary activities
  • $460Service charges on deposit accounts
  • $0Trading account gains & fees
  • $94Additional noninterest income
  • $4,301Total noninterest expense
  • $2,194Salaries and employee benefits
  • $757Premises and equipment expense
  • $1,350Additional noninterest expense
  • $759Pre-tax net operating income
  • $479Securities gains (losses)
  • $298Applicable income taxes
  • $940Income before extraordinary items
  • $0Extraordinary gains - net
  • $940Net income attributable to bank
  • $0Net charge-offs
  • $940Cash dividends
  • $579Sale, conversion, retirement of capital stock, net
  • $600Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.89%Yield on earning assets
  • 1.24%Cost of funding earning assets
  • 2.65%Net interest margin
  • 0.33%Noninterest income to earning assets
  • 2.12%Noninterest expense to earning assets
  • 0.27%Net operating income to assets
  • 0.44%Return on assets (ROA)
  • 0.58%Pretax return on assets
  • 3.66%Return on equity (ROE)
  • 1.32%Retained earnings to average equity (YTD only)
  • 0.79%Net charge-offs to loans
  • 167.70%Credit loss provision to net charge-offs
  • 2.99%Efficiency ratio
  • 70,370Assets per employee
  • 4.62%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 63.83%Loss allowance to loans
  • 1.63%Loss allowance to noncurrent loans
  • 1017.95%Noncurrent assets plus other real estate owned to assets
  • 0.67%Noncurrent loans to loans
  • 0.16%Net loans and leases to deposits
  • 38.26%Net loans and leases to core deposits
  • 44.39%Equity capital to assets
  • 12.17%Core capital (leverage) ratio
  • 10.53%Tier 1 risk-based capital ratio
  • 28.26%Total risk-based capital ratio
  • Memoranda
  • $30Average assets
  • $213,751Average earning assets
  • $25,667Average equity
  • $202,715Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $30,943Managed Assets
  • 1Number of Accounts
  • $26,744Personal trust and agency accounts
  • $23,449Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $3,295Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 73Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $4,199Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $4,181Fiduciary accounts held in foreign offices

List of branches

  • 3 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    011759First National Bank In Port Lavaca1101 Hwy 35 Bypass South, Port Lavaca, TX 77979November 13, 1957Full Service Brick and Mortar
    1445646First National Bank In Port Lavaca/B3675 West Adams Avenue, Port O Connor, TX 77982October 31, 2005Full Service Brick and Mortar
    214065Seaport Bank/BranchRailroad Street, Seadrift, TX 77983April 19, 1971Full Service Brick and Mortar

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