First National Bank of Borger in Panhandle, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 14, 2011

First National Bank of Borger - Overview

  • General
  • FDIC Certificate #: 34635
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: InterBank (#27210)
    Federal Reserve ID: 2606460
    Date Established: December 04, 1997
    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 #: 60858
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: December 04, 1997
    Last Structure Change Effective Date: June 14, 2011
    Last Structure Change Process Date: June 17, 2011
    Last Data Update: June 17, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 400 N Main, Panhandle, TX 79068
    County: Carson
    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
    Core Based Statistical Area (CBSA): Amarillo, TX (#11100)
    CBSA Metro Statistical Area: Amarillo, TX (#11100)
  • Financial Summary
  • Total assets: $9.1 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, 2010)

  • Dollar figures in thousands
  • 3Total employees (full-time equivalent)
  • $7,909Total assets
  • $75Cash and due from depository institutions
  • $0Interest-bearing balances
  • $0Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $4,016Net loans & leases
  • $0Loan loss allowance
  • $0Trading account assets
  • $367Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $3,451All other assets
  • $7,909Total liabilities and capital
  • $6,007Total liabilities
  • $6,003Total deposits
  • $4,623Interest-bearing deposits
  • $6,003Deposits held in domestic offices
  • 98.95%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $4All other liabilities
  • $1,902Total equity capital
  • $1,902Total bank equity capital
  • $1,902Perpetual preferred stock
  • $0Common stock
  • $1,000Surplus
  • $278Undivided profits
  • Memoranda
  • $624Noncurrent loans and leases
  • $217Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $0Long-term assets (5+ years)
  • $31Average Assets, year-to-date
  • $4,016Average Assets, quarterly
  • $279Volatile liabilities
  • $32,854Insider loans
  • $23,513FHLB advances
  • $981Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $217Total unused commitments
  • $0Restructured Loans and leases
  • $463Derivatives

Income and Expense (December 31, 2010)

  • Dollar figures in thousands
  • $289Total interest income
  • $39Total interest expense
  • $250Net interest income
  • $0Provision for loan and lease losses
  • $39Total noninterest income
  • $0Fiduciary activities
  • $39Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $2Total noninterest expense
  • $0Salaries and employee benefits
  • $0Premises and equipment expense
  • $2Additional noninterest expense
  • $287Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $287Income before extraordinary items
  • $0Extraordinary gains - net
  • $287Net income attributable to bank
  • $0Net charge-offs
  • $287Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $150Net operating income

Performance and Condition Ratios (December 31, 2010)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 1.05%Yield on earning assets
  • 0.14%Cost of funding earning assets
  • 0.91%Net interest margin
  • 0.14%Noninterest income to earning assets
  • 0.01%Noninterest expense to earning assets
  • 0.87%Net operating income to assets
  • 0.87%Return on assets (ROA)
  • 0.87%Pretax return on assets
  • 7.82%Return on equity (ROE)
  • 3.73%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 692Assets per employee
  • 2.64%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 52.26%Loss allowance to loans
  • 0.00%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 66.90%Net loans and leases to core deposits
  • 79.97%Equity capital to assets
  • 24.05%Core capital (leverage) ratio
  • 518.26%Tier 1 risk-based capital ratio
  • 24.63%Total risk-based capital ratio
  • Memoranda
  • $31Average assets
  • $32,854Average earning assets
  • $3,669Average equity
  • $27,436Average loans

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