FirstBank Southwest in Amarillo, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 25, 1995

  • FirstBank Southwest in Amarillo, Texas (TX)
  • Show street view No street view available for this location

FirstBank Southwest - Overview

  • General
  • FDIC Certificate #: 17473
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: FirstBank Southwest (#3387)
    Federal Reserve ID: 357759
    Date Established: August 01, 1955
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    FDIC's unique #: 11458
    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: August 01, 1955
    Last Structure Change Effective Date: August 25, 1995
    Last Structure Change Process Date: August 31, 1995
    Last Data Update: August 31, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 2201 Civic Circle, Amarillo, TX 79109
    County: Potter
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Lubbock
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Amarillo, TX (#320)
    Core Based Statistical Area (CBSA): Amarillo, TX (#11100)
    CBSA Metro Statistical Area: Amarillo, TX (#11100)
  • History of Changes
  • Absorption - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $115.3 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $54Total assets
  • $121,105Cash and due from depository institutions
  • $6,917Interest-bearing balances
  • $4Securities
  • $56,547Federal funds sold & reverse repurchase agreements
  • $3,500Net loans & leases
  • $47,904Loan loss allowance
  • $1,362Trading account assets
  • $0Bank premises and fixed assets
  • $805Other real estate owned
  • $0Goodwill and other intangibles
  • $2,914Life insurance assets
  • $2,518All other assets
  • $0Total liabilities and capital
  • $121,105Total liabilities
  • $111,060Total deposits
  • $108,787Interest-bearing deposits
  • $85,731Deposits held in domestic offices
  • 108787.00%% insured (estimated)
  • $89Federal funds purchased & repurchase agreements
  • $100Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $2,173Total equity capital
  • $2,173Total bank equity capital
  • $10,045Perpetual preferred stock
  • $0Common stock
  • $1,100Surplus
  • $9,854Undivided profits
  • Memoranda
  • $-909Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $680Income earned, not collected on loans
  • $610Earning assets
  • $107,955Long-term assets (5+ years)
  • $3,054Average Assets, year-to-date
  • $123,551Average Assets, quarterly
  • $120,862Volatile liabilities
  • $8,735Insider loans
  • $1,738FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $36,809Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $7,937Total risk weighted assets
  • $59,306Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $6,861Total interest expense
  • $2,952Net interest income
  • $3,909Provision for loan and lease losses
  • $975Total noninterest income
  • $714Fiduciary activities
  • $19Service charges on deposit accounts
  • $592Trading account gains & fees
  • $0Additional noninterest income
  • $103Total noninterest expense
  • $3,959Salaries and employee benefits
  • $1,718Premises and equipment expense
  • $664Additional noninterest expense
  • $1,577Pre-tax net operating income
  • -$311Securities gains (losses)
  • -$20Applicable income taxes
  • -$44Income before extraordinary items
  • -$287Extraordinary gains - net
  • $0Net income attributable to bank
  • -$287Net charge-offs
  • $887Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 6.19%Cost of funding earning assets
  • 2.66%Net interest margin
  • 3.53%Noninterest income to earning assets
  • 0.64%Noninterest expense to earning assets
  • 3.57%Net operating income to assets
  • -0.22%Return on assets (ROA)
  • -0.23%Pretax return on assets
  • -0.27%Return on equity (ROE)
  • -2.73%Retained earnings to average equity (YTD only)
  • -2.73%Net charge-offs to loans
  • 1.90%Credit loss provision to net charge-offs
  • 109.92%Efficiency ratio
  • 78,888Assets per employee
  • 2.24%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.76%Loss allowance to noncurrent loans
  • 200.29%Noncurrent assets plus other real estate owned to assets
  • 0.56%Noncurrent loans to loans
  • 1.38%Net loans and leases to deposits
  • 44.03%Net loans and leases to core deposits
  • 47.83%Equity capital to assets
  • 8.29%Core capital (leverage) ratio
  • 6.73%Tier 1 risk-based capital ratio
  • 13.38%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $123,551Average earning assets
  • $10,510Average equity
  • $110,769Average loans

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