New First City, Texas - Austin, National Association in Austin, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 13, 1993

  • New First City, Texas - Austin, National Association in Austin, Texas (TX)
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New First City, Texas - Austin, National Association - Overview

  • General
  • FDIC Certificate #: 33714
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: The Frost National Bank (#5510)
    Federal Reserve ID: 1998636
    Date Established: October 30, 1992
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 3 (Interstate: No)
    FDIC's unique #: 47826
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: October 30, 1992
    Last Structure Change Effective Date: Febuary 13, 1993
    Last Structure Change Process Date: Febuary 23, 1993
    Last Data Update: August 25, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 823 Congress Avenue, Austin, TX 78767
    County: Travis
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Austin
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Austin-San Marcos, TX (#640)
    Combined Statistical Area (CSA): Austin-Round Rock-Marble Falls, TX (#126)
    Core Based Statistical Area (CBSA): Austin-Round Rock-San Marcos, TX (#12420)
    CBSA Metro Statistical Area: Austin-Round Rock-San Marcos, TX (#12420)
  • History of Changes
  • Bridge Bank Merger
  • Financial Summary
  • Total assets: $276.2 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $216Total assets
  • $276,179Cash and due from depository institutions
  • $16,802Interest-bearing balances
  • $0Securities
  • $46,426Federal funds sold & reverse repurchase agreements
  • $86,000Net loans & leases
  • $93,028Loan loss allowance
  • $10,458Trading account assets
  • $0Bank premises and fixed assets
  • $29Other real estate owned
  • $1,247Goodwill and other intangibles
  • $32,647Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $276,179Total liabilities
  • $277,002Total deposits
  • $268,378Interest-bearing deposits
  • $214,736Deposits held in domestic offices
  • 268378.00%% insured (estimated)
  • $90Federal funds purchased & repurchase agreements
  • $279Trading liabilities
  • $0Other borrowed funds
  • $5,489Subordinated debt
  • $0All other liabilities
  • $2,856Total equity capital
  • $2,856Total bank equity capital
  • $-823Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $0Undivided profits
  • Memoranda
  • $-823Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $5,630Income earned, not collected on loans
  • $624Earning assets
  • $225,454Long-term assets (5+ years)
  • $10,532Average Assets, year-to-date
  • $276,179Average Assets, quarterly
  • $276,179Volatile liabilities
  • $22,375Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $18,701Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $-823Total risk weighted assets
  • $129,981Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $2,275Total interest expense
  • $1,293Net interest income
  • $982Provision for loan and lease losses
  • $0Total noninterest income
  • $1,166Fiduciary activities
  • $540Service charges on deposit accounts
  • $477Trading account gains & fees
  • $0Additional noninterest income
  • $149Total noninterest expense
  • $2,759Salaries and employee benefits
  • $1,165Premises and equipment expense
  • $373Additional noninterest expense
  • $1,221Pre-tax net operating income
  • -$611Securities gains (losses)
  • -$212Applicable income taxes
  • $0Income before extraordinary items
  • -$823Extraordinary gains - net
  • $0Net income attributable to bank
  • -$823Net charge-offs
  • -$71Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 1.01%Cost of funding earning assets
  • 0.57%Net interest margin
  • 0.44%Noninterest income to earning assets
  • 0.52%Noninterest expense to earning assets
  • 1.22%Net operating income to assets
  • -0.22%Return on assets (ROA)
  • -0.30%Pretax return on assets
  • -0.30%Return on equity (ROE)
  • 100.00%Retained earnings to average equity (YTD only)
  • 100.00%Net charge-offs to loans
  • -0.07%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 128,445Assets per employee
  • 1.28%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 10.11%Loss allowance to noncurrent loans
  • 185.75%Noncurrent assets plus other real estate owned to assets
  • 2.49%Noncurrent loans to loans
  • 5.44%Net loans and leases to deposits
  • 34.66%Net loans and leases to core deposits
  • 36.95%Equity capital to assets
  • -0.30%Core capital (leverage) ratio
  • -0.27%Tier 1 risk-based capital ratio
  • -0.63%Total risk-based capital ratio
  • Memoranda
  • -$1Average assets
  • $276,179Average earning assets
  • -$823Average equity
  • $225,454Average loans

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