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

First National Bank of Central Texas - Overview

  • General
  • FDIC Certificate #: 3325
    Status: Active
    Federal Reserve ID: 369659
    Bank Holding Company (Regulatory Top Holder): Fct Bancshares, Inc. (RSSDID: 2348274, Location: Waco, TX)
    Date Established: August 12, 1901
    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: 5 (Domestic: 5, Interstate: No)
    FDIC's unique #: 2151
    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: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    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: 1835 North Valley Mills Drive, Waco, TX 76712
    County: Mclennan
    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
    Metropolitan Statistical Area (MSA): Waco, TX (#8800)
    Core Based Statistical Area (CBSA): Waco, TX (#47380)
    CBSA Metro Statistical Area: Waco, TX (#47380)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $608.3 mil
    Equity capital: $49.8 mil
    Deposits held in domestic offices: $543.3 mil
    Return on assets (ROA): 1.83% ($11.1 mil)
    Quarterly return on assets: 1.68% ($10.2 mil)
    Return on Equity (ROE): 22.61% ($11.3 mil)
    Quarterly return on equity: 20.62% ($10.3 mil)
    Net income: $10.6 mil
    Quarterly Net income: $2.5 mil
    Pretax return on assets: 1.83% ($11,131.4 mil)
    Quarterly Pretax return on assets: 1.68% ($10,219.0 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
  • 97Total employees (full-time equivalent)
  • $608,273Total assets
  • $63,740Cash and due from depository institutions
  • $44,820Interest-bearing balances
  • $60,827Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $456,540Net loans & leases
  • $6,533Loan loss allowance
  • $0Trading account assets
  • $11,358Bank premises and fixed assets
  • $769Other real estate owned
  • $1,043Goodwill and other intangibles
  • $608,273Life insurance assets
  • $13,996All other assets
  • $558,495Total liabilities and capital
  • $543,331Total liabilities
  • $438,032Total deposits
  • $543,331Interest-bearing deposits
  • $76Deposits held in domestic offices
  • 9120.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $6,044Subordinated debt
  • $49,778All other liabilities
  • $49,778Total equity capital
  • $49,778Total bank equity capital
  • $0Perpetual preferred stock
  • $250Common stock
  • $16,278Surplus
  • $33,250Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,796Income earned, not collected on loans
  • $0Earning assets
  • $2,096Long-term assets (5+ years)
  • $562,187Average Assets, year-to-date
  • $105,269Average Assets, quarterly
  • $579,830Volatile liabilities
  • $593,826Insider loans
  • $450,304FHLB advances
  • $590,604Loans and leases held for sale
  • $9,559Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $47,632Tier 2 risk-based capital
  • $9,559Total risk weighted assets
  • $0Total unused commitments
  • $69,254Restructured Loans and leases
  • $7,654Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $26,387Total interest income
  • $4,864Total interest expense
  • $21,523Net interest income
  • $1,980Provision for loan and lease losses
  • $4,043Total noninterest income
  • $0Fiduciary activities
  • $1,877Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,166Additional noninterest income
  • $13,402Total noninterest expense
  • $6,947Salaries and employee benefits
  • $1,640Premises and equipment expense
  • $4,815Additional noninterest expense
  • $10,184Pre-tax net operating income
  • $430Securities gains (losses)
  • $0Applicable income taxes
  • $10,614Income before extraordinary items
  • $0Extraordinary gains - net
  • $10,614Net income attributable to bank
  • $0Net charge-offs
  • $10,614Cash dividends
  • $300Sale, conversion, retirement of capital stock, net
  • $7,269Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.94%Yield on earning assets
  • 0.91%Cost of funding earning assets
  • 4.03%Net interest margin
  • 0.76%Noninterest income to earning assets
  • 2.51%Noninterest expense to earning assets
  • 1.76%Net operating income to assets
  • 1.83%Return on assets (ROA)
  • 1.83%Pretax return on assets
  • 22.61%Return on equity (ROE)
  • 7.13%Retained earnings to average equity (YTD only)
  • 0.07%Net charge-offs to loans
  • 660.00%Credit loss provision to net charge-offs
  • 40.55%Efficiency ratio
  • 52,421Assets per employee
  • 6.27%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 68.49%Loss allowance to loans
  • 1.41%Loss allowance to noncurrent loans
  • 233.66%Noncurrent assets plus other real estate owned to assets
  • 0.59%Noncurrent loans to loans
  • 0.60%Net loans and leases to deposits
  • 84.03%Net loans and leases to core deposits
  • 87.60%Equity capital to assets
  • 8.18%Core capital (leverage) ratio
  • 8.06%Tier 1 risk-based capital ratio
  • 10.58%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $579,830Average earning assets
  • $46,938Average equity
  • $534,653Average loans

List of branches

  • 5 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    02151First National Bank Of Central Texas1835 North Valley Mills Drive, Waco, TX 76712August 12, 1901Full Service Brick and Mortar
    1196355Mart Branch501 Texas Avenue, Mart, TX 76664September 30, 1996Full Service Brick and Mortar
    2266154Hillsboro Branch300 Elm, Hillsboro, TX 76645January 01, 1926Full Service Brick and Mortar
    3429575China Spring Branch10332 China Spring Road, Waco, TX 76708April 12, 2004Full Service Brick and Mortar
    4489975Woodway-Hewitt Branch7500 W. Woodway Drive, Waco, TX 76712Febuary 17, 2009Full Service Brick and Mortar

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