The First National Bank of Albany in Albany, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

The First National Bank of Albany - Overview

  • General
  • FDIC Certificate #: 3067
    Status: Active
    Federal Reserve ID: 340751
    Bank Holding Company (Regulatory Top Holder): Albany Bancshares, Inc. (RSSDID: 1246926, Location: Albany, TX)
    Date Established: January 01, 1883
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 4 (Domestic: 4, Interstate: No)
    FDIC's unique #: 1953
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 100 South Main Street, Albany, TX 76430
    County: Shackelford
    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
  • History of Changes
  • Corrections
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $420.8 mil
    Equity capital: $44.3 mil
    Deposits held in domestic offices: $374.6 mil
    Return on assets (ROA): 2.03% ($8.5 mil)
    Quarterly return on assets: 1.66% ($7.0 mil)
    Return on Equity (ROE): 19.95% ($8.8 mil)
    Quarterly return on equity: 15.86% ($7.0 mil)
    Net income: $8.0 mil
    Quarterly Net income: $1.7 mil
    Pretax return on assets: 2.03% ($8,541.7 mil)
    Quarterly Pretax return on assets: 1.66% ($6,984.8 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, 2011)

  • Dollar figures in thousands
  • 63Total employees (full-time equivalent)
  • $420,773Total assets
  • $71,779Cash and due from depository institutions
  • $65,822Interest-bearing balances
  • $161,039Securities
  • $4,000Federal funds sold & reverse repurchase agreements
  • $177,174Net loans & leases
  • $3,470Loan loss allowance
  • $0Trading account assets
  • $1,060Bank premises and fixed assets
  • $17Other real estate owned
  • $0Goodwill and other intangibles
  • $420,773Life insurance assets
  • $5,704All other assets
  • $376,489Total liabilities and capital
  • $374,559Total liabilities
  • $261,074Total deposits
  • $374,559Interest-bearing deposits
  • $77Deposits held in domestic offices
  • 381.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $12Trading liabilities
  • $0Other borrowed funds
  • $1,537Subordinated debt
  • $44,284All other liabilities
  • $44,284Total equity capital
  • $44,284Total bank equity capital
  • $0Perpetual preferred stock
  • $100Common stock
  • $1,784Surplus
  • $42,400Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,675Income earned, not collected on loans
  • $0Earning assets
  • $2,444Long-term assets (5+ years)
  • $408,035Average Assets, year-to-date
  • $127,363Average Assets, quarterly
  • $396,584Volatile liabilities
  • $416,494Insider loans
  • $228,626FHLB advances
  • $399,054Loans and leases held for sale
  • $2,110Unused loan commitments
  • $2,110Tier 1 (core) risk-based capital
  • $38,643Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $21,737Restructured Loans and leases
  • $6,183Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $15,526Total interest income
  • $2,016Total interest expense
  • $13,510Net interest income
  • $323Provision for loan and lease losses
  • $1,453Total noninterest income
  • $0Fiduciary activities
  • $677Service charges on deposit accounts
  • $0Trading account gains & fees
  • $776Additional noninterest income
  • $6,598Total noninterest expense
  • $3,787Salaries and employee benefits
  • $699Premises and equipment expense
  • $2,112Additional noninterest expense
  • $8,042Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $8,042Income before extraordinary items
  • $0Extraordinary gains - net
  • $8,042Net income attributable to bank
  • $0Net charge-offs
  • $8,042Cash dividends
  • $263Sale, conversion, retirement of capital stock, net
  • $5,455Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.05%Yield on earning assets
  • 0.53%Cost of funding earning assets
  • 3.53%Net interest margin
  • 0.38%Noninterest income to earning assets
  • 1.72%Noninterest expense to earning assets
  • 2.03%Net operating income to assets
  • 2.03%Return on assets (ROA)
  • 2.03%Pretax return on assets
  • 19.95%Return on equity (ROE)
  • 6.42%Retained earnings to average equity (YTD only)
  • 0.15%Net charge-offs to loans
  • 122.81%Credit loss provision to net charge-offs
  • 31.81%Efficiency ratio
  • 44,095Assets per employee
  • 6.68%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 67.83%Loss allowance to loans
  • 1.92%Loss allowance to noncurrent loans
  • 207.16%Noncurrent assets plus other real estate owned to assets
  • 0.40%Noncurrent loans to loans
  • 0.93%Net loans and leases to deposits
  • 47.30%Net loans and leases to core deposits
  • 52.40%Equity capital to assets
  • 10.52%Core capital (leverage) ratio
  • 9.68%Tier 1 risk-based capital ratio
  • 16.90%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $396,584Average earning assets
  • $40,308Average equity
  • $383,084Average loans

List of branches

  • 4 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    01953The First National Bank Of Albany100 South Main Street, Albany, TX 76430January 01, 1883Full Service Brick and Mortar
    12078Gordon Branch104 South Main Street, Gordon, TX 76453March 27, 1901Full Service Brick and Mortar
    23764Strawn Branch123 Central, Strawn, TX 76475January 01, 1904Full Service Brick and Mortar
    38741Breckenridge Branch101 East Walker Street, Breckenridge, TX 76424January 01, 1904Full Service Brick and Mortar

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