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- Banks in Texas (TX)
- New First City, Texas - Austin, National Association
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
Corrections - 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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- Banks in Texas (TX)
- New First City, Texas - Austin, National Association
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