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

This bank is inactive as of Febuary 24, 1993

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

  • General
  • FDIC Certificate #: 33715
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Texas Commerce Bank - Beaumont, National Association (#3094)
    Federal Reserve ID: 1998654
    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: 6 (Interstate: No)
    FDIC's unique #: 47827
    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 24, 1993
    Last Structure Change Process Date: March 31, 1993
    Last Data Update: August 25, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: Orleans And Bowie Streets, Beaumont, TX 77704
    County: Jefferson
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Houston
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Beaumont-Port Arthur, TX (#840)
    Core Based Statistical Area (CBSA): Beaumont-Port Arthur, TX (#13140)
    CBSA Metro Statistical Area: Beaumont-Port Arthur, TX (#13140)
  • History of Changes
  • Bridge Bank Merger
    Corrections
  • Financial Summary
  • Total assets: $486.1 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $239Total assets
  • $486,112Cash and due from depository institutions
  • $38,864Interest-bearing balances
  • $0Securities
  • $61,191Federal funds sold & reverse repurchase agreements
  • $177,400Net loans & leases
  • $204,784Loan loss allowance
  • $3,277Trading account assets
  • $0Bank premises and fixed assets
  • $34Other real estate owned
  • $0Goodwill and other intangibles
  • $3,837Life insurance assets
  • $2All other assets
  • $0Total liabilities and capital
  • $486,112Total liabilities
  • $486,165Total deposits
  • $459,041Interest-bearing deposits
  • $381,506Deposits held in domestic offices
  • 459041.00%% insured (estimated)
  • $90Federal funds purchased & repurchase agreements
  • $1,875Trading liabilities
  • $0Other borrowed funds
  • $1,022Subordinated debt
  • $0All other liabilities
  • $24,227Total equity capital
  • $24,227Total bank equity capital
  • $-53Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $0Undivided profits
  • Memoranda
  • $-53Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,007Income earned, not collected on loans
  • $999Earning assets
  • $443,375Long-term assets (5+ years)
  • $18,305Average Assets, year-to-date
  • $486,112Average Assets, quarterly
  • $486,112Volatile liabilities
  • $48,532Insider loans
  • $93FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $36,798Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $-55Total risk weighted assets
  • $238,411Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $4,228Total interest expense
  • $2,389Net interest income
  • $1,839Provision for loan and lease losses
  • $333Total noninterest income
  • $1,285Fiduciary activities
  • $608Service charges on deposit accounts
  • $535Trading account gains & fees
  • $0Additional noninterest income
  • $142Total noninterest expense
  • $3,030Salaries and employee benefits
  • $1,114Premises and equipment expense
  • $324Additional noninterest expense
  • $1,592Pre-tax net operating income
  • -$239Securities gains (losses)
  • $186Applicable income taxes
  • $0Income before extraordinary items
  • -$53Extraordinary gains - net
  • $0Net income attributable to bank
  • -$53Net charge-offs
  • $317Cash 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
  • 0.95%Cost of funding earning assets
  • 0.54%Net interest margin
  • 0.41%Noninterest income to earning assets
  • 0.29%Noninterest expense to earning assets
  • 0.68%Net operating income to assets
  • -0.05%Return on assets (ROA)
  • -0.01%Pretax return on assets
  • -0.01%Return on equity (ROE)
  • 100.00%Retained earnings to average equity (YTD only)
  • 100.00%Net charge-offs to loans
  • 0.15%Credit loss provision to net charge-offs
  • 105.05%Efficiency ratio
  • 96,991Assets per employee
  • 2.03%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.58%Loss allowance to noncurrent loans
  • 325.42%Noncurrent assets plus other real estate owned to assets
  • 0.21%Noncurrent loans to loans
  • 0.48%Net loans and leases to deposits
  • 44.61%Net loans and leases to core deposits
  • 49.54%Equity capital to assets
  • -0.01%Core capital (leverage) ratio
  • -0.01%Tier 1 risk-based capital ratio
  • -0.02%Total risk-based capital ratio
  • Memoranda
  • -$0Average assets
  • $486,112Average earning assets
  • -$53Average equity
  • $443,375Average loans

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