First National Bank of the Mid-Cities in Bedford, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • First National Bank of the Mid-Cities in Bedford, Texas (TX)
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First National Bank of the Mid-Cities - Overview

  • General
  • FDIC Certificate #: 24355
    Status: Active
    Federal Reserve ID: 211954
    Bank Holding Company (Regulatory Top Holder): First Baird Bancshares, Inc. (RSSDID: 1105751, Location: Bedford, TX)
    Date Established: Febuary 07, 1983
    WWW: http://www.fnbmidcities.com
    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: 1 (Domestic: 1, Interstate: No)
    OTS Docket #: 13891
    FDIC's unique #: 16948
    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: Commercial Lending Specialization
    Date of Deposit Insurance: Febuary 07, 1983
    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: 4009 Airport Freeway, Bedford, TX 76021
    County: Tarrant
    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): Fort Worth-Arlington, TX (#2800)
    Consolidated Metropolitan Statistical Area (CMSA): Dallas-Fort Worth, TX (#31)
    Combined Statistical Area (CSA): Dallas-Fort Worth, TX (#206)
    Core Based Statistical Area (CBSA): Dallas-Fort Worth-Arlington, TX (#19100)
    CBSA Metro Statistical Area: Dallas-Fort Worth-Arlington, TX (#19100)
    Core Based Statistical Division: Fort Worth-Arlington, TX (#23104)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $36.5 mil
    Equity capital: $3.4 mil
    Deposits held in domestic offices: $32.7 mil
    Return on assets (ROA): 0.24% ($0.1 mil)
    Quarterly return on assets: 0.58% ($0.2 mil)
    Return on Equity (ROE): 2.61% ($0.1 mil)
    Quarterly return on equity: 6.35% ($0.2 mil)
    Net income: $0.1 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.37% ($135.0 mil)
    Quarterly Pretax return on assets: 0.87% ($317.4 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
  • 15Total employees (full-time equivalent)
  • $36,483Total assets
  • $9,788Cash and due from depository institutions
  • $8,792Interest-bearing balances
  • $2,974Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $20,762Net loans & leases
  • $237Loan loss allowance
  • $0Trading account assets
  • $2,164Bank premises and fixed assets
  • $142Other real estate owned
  • $0Goodwill and other intangibles
  • $36,483Life insurance assets
  • $653All other assets
  • $33,132Total liabilities and capital
  • $32,748Total liabilities
  • $17,333Total deposits
  • $32,748Interest-bearing deposits
  • $99Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $384Subordinated debt
  • $3,351All other liabilities
  • $3,351Total equity capital
  • $3,351Total bank equity capital
  • $0Perpetual preferred stock
  • $1,500Common stock
  • $1,850Surplus
  • $1Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $879Income earned, not collected on loans
  • $0Earning assets
  • $196Long-term assets (5+ years)
  • $32,528Average Assets, year-to-date
  • $3,413Average Assets, quarterly
  • $35,464Volatile liabilities
  • $36,368Insider loans
  • $21,752FHLB advances
  • $35,718Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $3,288Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $855Restructured Loans and leases
  • $61Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,547Total interest income
  • $190Total interest expense
  • $1,357Net interest income
  • $18Provision for loan and lease losses
  • $310Total noninterest income
  • $0Fiduciary activities
  • $288Service charges on deposit accounts
  • $0Trading account gains & fees
  • $22Additional noninterest income
  • $1,526Total noninterest expense
  • $705Salaries and employee benefits
  • $195Premises and equipment expense
  • $626Additional noninterest expense
  • $123Pre-tax net operating income
  • $7Securities gains (losses)
  • $44Applicable income taxes
  • $86Income before extraordinary items
  • $0Extraordinary gains - net
  • $86Net income attributable to bank
  • $0Net charge-offs
  • $86Cash dividends
  • $46Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.01%Yield on earning assets
  • 0.62%Cost of funding earning assets
  • 4.39%Net interest margin
  • 1.00%Noninterest income to earning assets
  • 4.94%Noninterest expense to earning assets
  • 0.23%Net operating income to assets
  • 0.24%Return on assets (ROA)
  • 0.37%Pretax return on assets
  • 2.61%Return on equity (ROE)
  • 2.61%Retained earnings to average equity (YTD only)
  • 0.22%Net charge-offs to loans
  • 39.13%Credit loss provision to net charge-offs
  • 3.07%Efficiency ratio
  • 91,542Assets per employee
  • 2.43%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.13%Loss allowance to noncurrent loans
  • 26.96%Noncurrent assets plus other real estate owned to assets
  • 2.80%Noncurrent loans to loans
  • 4.19%Net loans and leases to deposits
  • 63.40%Net loans and leases to core deposits
  • 64.49%Equity capital to assets
  • 9.19%Core capital (leverage) ratio
  • 9.21%Tier 1 risk-based capital ratio
  • 15.12%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $35,464Average earning assets
  • $3,295Average equity
  • $30,882Average loans

List of branches

  • 1 Texas Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    016948First National Bank Of The Mid-Citie4009 Airport Freeway, Bedford, TX 76021Febuary 07, 1983Full Service Brick and Mortar

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