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

This bank is inactive as of Febuary 13, 1993

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

  • General
  • FDIC Certificate #: 33727
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: First Heights Bank, a FSB (#32611)
    Federal Reserve ID: 1998908
    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: 1 (Interstate: No)
    FDIC's unique #: 47839
    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: March 16, 1993
    Last Data Update: August 25, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 400 16th Street, Orange, TX 77630
    County: Orange
    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: $119.9 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $51Total assets
  • $119,921Cash and due from depository institutions
  • $5,405Interest-bearing balances
  • $0Securities
  • $5,229Federal funds sold & reverse repurchase agreements
  • $63,895Net loans & leases
  • $44,990Loan loss allowance
  • $826Trading account assets
  • $0Bank premises and fixed assets
  • $28Other real estate owned
  • $0Goodwill and other intangibles
  • $374Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $119,921Total liabilities
  • $120,282Total deposits
  • $113,069Interest-bearing deposits
  • $100,097Deposits held in domestic offices
  • 113069.00%% insured (estimated)
  • $96Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $483Subordinated debt
  • $0All other liabilities
  • $6,730Total equity capital
  • $6,730Total bank equity capital
  • $-361Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $0Undivided profits
  • Memoranda
  • $-361Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $260Income earned, not collected on loans
  • $126Earning assets
  • $114,114Long-term assets (5+ years)
  • $1,229Average Assets, year-to-date
  • $119,921Average Assets, quarterly
  • $119,921Volatile liabilities
  • $12,719Insider loans
  • $46FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $3,871Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $-361Total risk weighted assets
  • $57,736Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $1,177Total interest expense
  • $677Net interest income
  • $500Provision for loan and lease losses
  • $85Total noninterest income
  • $159Fiduciary activities
  • $0Service charges on deposit accounts
  • $133Trading account gains & fees
  • $0Additional noninterest income
  • $26Total noninterest expense
  • $622Salaries and employee benefits
  • $218Premises and equipment expense
  • $59Additional noninterest expense
  • $345Pre-tax net operating income
  • -$48Securities gains (losses)
  • -$313Applicable income taxes
  • $0Income before extraordinary items
  • -$361Extraordinary gains - net
  • $0Net income attributable to bank
  • -$361Net 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
  • 1.03%Cost of funding earning assets
  • 0.59%Net interest margin
  • 0.44%Noninterest income to earning assets
  • 0.14%Noninterest expense to earning assets
  • 0.55%Net operating income to assets
  • -0.04%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
  • 0.15%Credit loss provision to net charge-offs
  • 119.72%Efficiency ratio
  • 94,385Assets per employee
  • 2.35%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.80%Loss allowance to noncurrent loans
  • 317.69%Noncurrent assets plus other real estate owned to assets
  • 0.22%Noncurrent loans to loans
  • 0.57%Net loans and leases to deposits
  • 39.79%Net loans and leases to core deposits
  • 44.62%Equity capital to assets
  • -0.30%Core capital (leverage) ratio
  • -0.29%Tier 1 risk-based capital ratio
  • -0.63%Total risk-based capital ratio
  • Memoranda
  • -$1Average assets
  • $119,921Average earning assets
  • -$361Average equity
  • $114,114Average loans

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