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

First National Bank of Lake Jackson - Overview

  • General
  • FDIC Certificate #: 18895
    Status: Active
    Federal Reserve ID: 560353
    Bank Holding Company (Regulatory Top Holder): Austin Colony, Inc. (RSSDID: 1130829, Location: Lake Jackson, TX)
    Date Established: September 26, 1963
    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: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 13238
    FDIC's unique #: 12745
    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: Mortgage Lending Specialization
    Date of Deposit Insurance: September 26, 1963
    Last Structure Change Effective Date: January 24, 2008
    Last Structure Change Process Date: March 17, 2008
    Last Data Update: March 17, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 122 West Way, Lake Jackson, TX 77566
    County: Brazoria
    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
    Metropolitan Statistical Area (MSA): Brazoria, TX (#1145)
    Consolidated Metropolitan Statistical Area (CMSA): Houston-Galveston-Brazoria, TX (#42)
    Combined Statistical Area (CSA): Houston-Baytown-Huntsville, TX (#288)
    Core Based Statistical Area (CBSA): Houston-Sugar Land-Baytown, TX (#26420)
    CBSA Metro Statistical Area: Houston-Sugar Land-Baytown, TX (#26420)
  • Financial Summary
  • Total assets: $244.0 mil
    Equity capital: $31.2 mil
    Deposits held in domestic offices: $195.4 mil
    Return on assets (ROA): 1.61% ($3.9 mil)
    Quarterly return on assets: 1.77% ($4.3 mil)
    Return on Equity (ROE): 13.43% ($4.2 mil)
    Quarterly return on equity: 12.87% ($4.0 mil)
    Net income: $3.8 mil
    Quarterly Net income: $1.0 mil
    Pretax return on assets: 1.61% ($3,927.6 mil)
    Quarterly Pretax return on assets: 1.77% ($4,318.0 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
  • 33Total employees (full-time equivalent)
  • $243,953Total assets
  • $40,786Cash and due from depository institutions
  • $34,023Interest-bearing balances
  • $180,062Securities
  • $500Federal funds sold & reverse repurchase agreements
  • $18,572Net loans & leases
  • $264Loan loss allowance
  • $0Trading account assets
  • $1,730Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $243,953Life insurance assets
  • $2,303All other assets
  • $212,707Total liabilities and capital
  • $195,416Total liabilities
  • $175,970Total deposits
  • $195,416Interest-bearing deposits
  • $44Deposits held in domestic offices
  • 16851.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $440Subordinated debt
  • $31,246All other liabilities
  • $31,246Total equity capital
  • $31,246Total bank equity capital
  • $0Perpetual preferred stock
  • $220Common stock
  • $220Surplus
  • $30,806Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $34Income earned, not collected on loans
  • $0Earning assets
  • $911Long-term assets (5+ years)
  • $233,157Average Assets, year-to-date
  • $186,973Average Assets, quarterly
  • $234,830Volatile liabilities
  • $230,947Insider loans
  • $57,069FHLB advances
  • $216,363Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $23,123Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $7,812Restructured Loans and leases
  • $6,200Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $8,144Total interest income
  • $2,022Total interest expense
  • $6,122Net interest income
  • $0Provision for loan and lease losses
  • $432Total noninterest income
  • $0Fiduciary activities
  • $169Service charges on deposit accounts
  • $0Trading account gains & fees
  • $263Additional noninterest income
  • $2,888Total noninterest expense
  • $1,531Salaries and employee benefits
  • $348Premises and equipment expense
  • $1,009Additional noninterest expense
  • $3,666Pre-tax net operating income
  • $125Securities gains (losses)
  • $0Applicable income taxes
  • $3,791Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,791Net income attributable to bank
  • $0Net charge-offs
  • $3,791Cash dividends
  • $5Sale, conversion, retirement of capital stock, net
  • $1,800Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.61%Yield on earning assets
  • 0.90%Cost of funding earning assets
  • 2.72%Net interest margin
  • 0.19%Noninterest income to earning assets
  • 1.28%Noninterest expense to earning assets
  • 1.56%Net operating income to assets
  • 1.61%Return on assets (ROA)
  • 1.61%Pretax return on assets
  • 13.43%Return on equity (ROE)
  • 7.05%Retained earnings to average equity (YTD only)
  • 0.03%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 733.20%Efficiency ratio
  • 44,065Assets per employee
  • 7.39%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 47.48%Loss allowance to loans
  • 1.40%Loss allowance to noncurrent loans
  • 776.47%Noncurrent assets plus other real estate owned to assets
  • 0.01%Noncurrent loans to loans
  • 0.18%Net loans and leases to deposits
  • 9.50%Net loans and leases to core deposits
  • 11.37%Equity capital to assets
  • 12.81%Core capital (leverage) ratio
  • 10.69%Tier 1 risk-based capital ratio
  • 40.52%Total risk-based capital ratio
  • Memoranda
  • $41Average assets
  • $234,830Average earning assets
  • $28,238Average equity
  • $225,406Average loans

List of branches

  • 2 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    012745First National Bank Of Lake Jackson122 West Way, Lake Jackson, TX 77566September 26, 1963Full Service Brick and Mortar
    1246745Brazoria Branch100 East Highway 332, Brazoria, TX 77422October 30, 1991Full Service Brick and Mortar

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