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- Banks in Texas (TX)
- FirstBank
FirstBank in Texarkana, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches
This bank is inactive as of September 01, 2000
- FirstBank in Texarkana, Texas (TX)
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FirstBank - Overview
- General
- FDIC Certificate #: 18052
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: BancorpSouth Bank (#11813)
Federal Reserve ID: 417363
Date Established: July 29, 1959
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 7 (Interstate: No)
OTS Docket #: 15912
FDIC's unique #: 11977
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: July 29, 1959
Last Structure Change Effective Date: September 01, 2000
Last Structure Change Process Date: September 15, 2000
Last Data Update: September 15, 2000
Data Source Date: April 05, 2012 - Location
- Address: 3000 New Boston Road, Texarkana, TX 75501
County: Bowie
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): Texarkana, TX-Texarkana, AR (#8360)
Core Based Statistical Area (CBSA): Texarkana, TX-Texarkana, AR (#45500)
CBSA Metro Statistical Area: Texarkana, TX-Texarkana, AR (#45500) - Financial Summary
- Total assets: $192.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1999)
- Dollar figures in thousands
- 79Total employees (full-time equivalent)
- $182,856Total assets
- $6,084Cash and due from depository institutions
- $4Interest-bearing balances
- $46,836Securities
- $229Federal funds sold & reverse repurchase agreements
- $116,622Net loans & leases
- $1,252Loan loss allowance
- $0Trading account assets
- $5,391Bank premises and fixed assets
- $136Other real estate owned
- $5,898Goodwill and other intangibles
- $0Life insurance assets
- $1,660All other assets
- $182,856Total liabilities and capital
- $162,699Total liabilities
- $157,619Total deposits
- $128,472Interest-bearing deposits
- $157,619Deposits held in domestic offices
- 0.00%% insured (estimated)
- $4,180Federal funds purchased & repurchase agreements
- $0Trading liabilities
- $0Other borrowed funds
- $0Subordinated debt
- $900All other liabilities
- $20,157Total equity capital
- $20,157Total bank equity capital
- $20,157Perpetual preferred stock
- $0Common stock
- $3,000Surplus
- $14,650Undivided profits
- Memoranda
- $2,507Noncurrent loans and leases
- $12,483Noncurrent loans that are wholly or partially guaranteed by the U.S. government
- $0Income earned, not collected on loans
- $1,058Earning assets
- $0Long-term assets (5+ years)
- $750Average Assets, year-to-date
- $163,691Average Assets, quarterly
- $26,643Volatile liabilities
- $184,930Insider loans
- $185,899FHLB advances
- $24,349Loans and leases held for sale
- $3,564Unused loan commitments
- $0Tier 1 (core) risk-based capital
- $0Tier 2 risk-based capital
- $1,193Total risk weighted assets
- $12,483Total unused commitments
- $359Restructured Loans and leases
- $1,252Derivatives
Income and Expense (December 31, 1999)
- Dollar figures in thousands
- $13,275Total interest income
- $5,410Total interest expense
- $7,865Net interest income
- $375Provision for loan and lease losses
- $1,511Total noninterest income
- $206Fiduciary activities
- $841Service charges on deposit accounts
- $0Trading account gains & fees
- $464Additional noninterest income
- $6,533Total noninterest expense
- $3,089Salaries and employee benefits
- $1,072Premises and equipment expense
- $2,372Additional noninterest expense
- $2,468Pre-tax net operating income
- $0Securities gains (losses)
- $915Applicable income taxes
- $1,553Income before extraordinary items
- $0Extraordinary gains - net
- $1,553Net income attributable to bank
- $0Net charge-offs
- $0Cash dividends
- $668Sale, conversion, retirement of capital stock, net
- $1,650Net operating income
Performance and Condition Ratios (December 31, 1999)
- Dollar figures in thousands
- Performance Ratios (%, annualized)
- 8.08%Yield on earning assets
- 3.29%Cost of funding earning assets
- 4.79%Net interest margin
- 0.92%Noninterest income to earning assets
- 3.98%Noninterest expense to earning assets
- 0.84%Net operating income to assets
- 0.84%Return on assets (ROA)
- 1.33%Pretax return on assets
- 7.32%Return on equity (ROE)
- -0.46%Retained earnings to average equity (YTD only)
- 0.59%Net charge-offs to loans
- 56.14%Credit loss provision to net charge-offs
- 4.26%Efficiency ratio
- 63,439Assets per employee
- 2.31%Cash dividends to net income (YTD only)
- Condition Ratios (%)
- 106.25%Loss allowance to loans
- 1.06%Loss allowance to noncurrent loans
- 118.34%Noncurrent assets plus other real estate owned to assets
- 0.65%Noncurrent loans to loans
- 0.90%Net loans and leases to deposits
- 73.99%Net loans and leases to core deposits
- 84.85%Equity capital to assets
- 11.02%Core capital (leverage) ratio
- 8.47%Tier 1 risk-based capital ratio
- 11.88%Total risk-based capital ratio
- Memoranda
- $13Average assets
- $184,930Average earning assets
- $21,229Average equity
- $164,303Average loans
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- Banks in Texas (TX)
- FirstBank
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