FDIC Certificate #: 5503 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:The First Bank (#15731) Federal Reserve ID: 34863 Date Established: January 01, 1901 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 3733 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: January 01, 1934 Last Structure Change Effective Date: July 07, 2009 Last Structure Change Process Date: July 16, 2009 Last Data Update: July 16, 2009 Data Source Date: April 05, 2012
Location
Address: Harrison Street, Roxton, TX 75477 County: Lamar Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Dallas Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: West Core Based Statistical Area (CBSA): Paris, TX (#37580) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $19.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2008)
Dollar figures in thousands
9Total employees (full-time equivalent)
$18,139Total assets
$735Cash and due from depository institutions
$0Interest-bearing balances
$4,002Securities
$2,915Federal funds sold & reverse repurchase agreements
$10,144Net loans & leases
$194Loan loss allowance
$0Trading account assets
$152Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$191All other assets
$18,139Total liabilities and capital
$17,032Total liabilities
$16,924Total deposits
$13,426Interest-bearing deposits
$16,924Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$108All other liabilities
$1,107Total equity capital
$1,107Total bank equity capital
$1,107Perpetual preferred stock
$0Common stock
$100Surplus
$400Undivided profits
Memoranda
$607Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$7Earning assets
$0Long-term assets (5+ years)
$159Average Assets, year-to-date
$17,061Average Assets, quarterly
$2,120Volatile liabilities
$19,471Insider loans
$18,183FHLB advances
$3,810Loans and leases held for sale
$23Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$0Restructured Loans and leases
$127Derivatives
Income and Expense (December 31, 2008)
Dollar figures in thousands
$1,341Total interest income
$491Total interest expense
$850Net interest income
$312Provision for loan and lease losses
$223Total noninterest income
$0Fiduciary activities
$168Service charges on deposit accounts
$0Trading account gains & fees
$55Additional noninterest income
$1,103Total noninterest expense
$509Salaries and employee benefits
$74Premises and equipment expense
$520Additional noninterest expense
-$342Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
-$342Income before extraordinary items
$0Extraordinary gains - net
-$342Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$349Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2008)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.42%Yield on earning assets
2.72%Cost of funding earning assets
4.70%Net interest margin
1.23%Noninterest income to earning assets
6.10%Noninterest expense to earning assets
-1.76%Net operating income to assets
-1.76%Return on assets (ROA)
-1.76%Pretax return on assets
-26.34%Return on equity (ROE)
-26.34%Retained earnings to average equity (YTD only)
3.04%Net charge-offs to loans
89.40%Credit loss provision to net charge-offs
-0.09%Efficiency ratio
102,796Assets per employee
2.02%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.88%Loss allowance to noncurrent loans
2771.43%Noncurrent assets plus other real estate owned to assets
0.04%Noncurrent loans to loans
0.07%Net loans and leases to deposits
59.94%Net loans and leases to core deposits
77.35%Equity capital to assets
6.10%Core capital (leverage) ratio
6.12%Tier 1 risk-based capital ratio
10.95%Total risk-based capital ratio
Memoranda
$12Average assets
$19,471Average earning assets
$1,299Average equity
$18,074Average loans
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