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)
  • Show street view No street view available for this location

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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