Texas First Bank in Santa Fe, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 13, 2011

Texas First Bank - Overview

  • General
  • FDIC Certificate #: 22420
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Texas First Bank (#23799)
    Federal Reserve ID: 417859
    Date Established: Febuary 22, 1977
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 9 (Interstate: No)
    FDIC's unique #: 15619
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: Febuary 22, 1977
    Last Structure Change Effective Date: May 13, 2011
    Last Structure Change Process Date: May 16, 2011
    Last Data Update: May 16, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 12402 Highway 6, Santa Fe, TX 77510
    County: Galveston
    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): Galveston-Texas City, TX (#2920)
    Consolidated Metropolitan Statistical Area (CMSA): Houston-Galveston-Brazoria, TX (#42)
    Combined Statistical Area (CSA): Houston-Baytown-Huntsville, TX (#288)
    Core Based Statistical Area (CBSA): Houston-Sugar Land-Baytown, TX (#26420)
    CBSA Metro Statistical Area: Houston-Sugar Land-Baytown, TX (#26420)
  • Financial Summary
  • Total assets: $233.5 mil

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

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2010)

  • Dollar figures in thousands
  • 68Total employees (full-time equivalent)
  • $239,619Total assets
  • $20,370Cash and due from depository institutions
  • $11,375Interest-bearing balances
  • $50,047Securities
  • $4,675Federal funds sold & reverse repurchase agreements
  • $151,353Net loans & leases
  • $2,754Loan loss allowance
  • $0Trading account assets
  • $3,018Bank premises and fixed assets
  • $2,039Other real estate owned
  • $25Goodwill and other intangibles
  • $3,221Life insurance assets
  • $8,092All other assets
  • $239,619Total liabilities and capital
  • $219,006Total liabilities
  • $217,324Total deposits
  • $159,902Interest-bearing deposits
  • $217,324Deposits held in domestic offices
  • 86.93%% insured (estimated)
  • $19Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $1,663All other liabilities
  • $20,613Total equity capital
  • $20,613Total bank equity capital
  • $20,613Perpetual preferred stock
  • $0Common stock
  • $900Surplus
  • $4,100Undivided profits
  • Memoranda
  • $15,613Noncurrent loans and leases
  • $23,971Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $5,668Earning assets
  • $499Long-term assets (5+ years)
  • $1,928Average Assets, year-to-date
  • $217,450Average Assets, quarterly
  • $34,578Volatile liabilities
  • $238,170Insider loans
  • $240,082FHLB advances
  • $43,544Loans and leases held for sale
  • $65Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $23,971Total unused commitments
  • $3,321Restructured Loans and leases
  • $2,215Derivatives

Income and Expense (December 31, 2010)

  • Dollar figures in thousands
  • $12,973Total interest income
  • $2,033Total interest expense
  • $10,940Net interest income
  • $2,451Provision for loan and lease losses
  • $2,265Total noninterest income
  • $0Fiduciary activities
  • $1,149Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,116Additional noninterest income
  • $9,623Total noninterest expense
  • $3,745Salaries and employee benefits
  • $1,151Premises and equipment expense
  • $4,727Additional noninterest expense
  • $1,131Pre-tax net operating income
  • $0Securities gains (losses)
  • $389Applicable income taxes
  • $742Income before extraordinary items
  • $0Extraordinary gains - net
  • $742Net income attributable to bank
  • $0Net charge-offs
  • $742Cash dividends
  • $2,071Sale, conversion, retirement of capital stock, net
  • $1,000Net operating income

Performance and Condition Ratios (December 31, 2010)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.98%Yield on earning assets
  • 0.94%Cost of funding earning assets
  • 5.04%Net interest margin
  • 1.04%Noninterest income to earning assets
  • 4.44%Noninterest expense to earning assets
  • 0.31%Net operating income to assets
  • 0.31%Return on assets (ROA)
  • 0.47%Pretax return on assets
  • 3.55%Return on equity (ROE)
  • -1.24%Retained earnings to average equity (YTD only)
  • 1.47%Net charge-offs to loans
  • 118.35%Credit loss provision to net charge-offs
  • 1.73%Efficiency ratio
  • 72,874Assets per employee
  • 3.52%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 134.77%Loss allowance to loans
  • 1.79%Loss allowance to noncurrent loans
  • 48.59%Noncurrent assets plus other real estate owned to assets
  • 3.22%Noncurrent loans to loans
  • 3.68%Net loans and leases to deposits
  • 69.64%Net loans and leases to core deposits
  • 87.09%Equity capital to assets
  • 8.60%Core capital (leverage) ratio
  • 8.50%Tier 1 risk-based capital ratio
  • 11.39%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $238,170Average earning assets
  • $20,874Average equity
  • $216,889Average loans

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