The First National Bank of Albany in Albany, Texas (TX)

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The First National Bank of Albany routing number info

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The First National Bank of Albany
GeneralFDIC 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
LocationAddress: 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 ChangesCorrections
Merge BIF and SAIF Funds into DIF
Financial SummaryTotal 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)
Total employees (full-time equivalent)63
Total assets$420,773
Cash and due from depository institutions$71,779
Interest-bearing balances$65,822
Federal funds sold & reverse repurchase agreements$4,000
Net loans & leases$177,174
Loan loss allowance $3,470
Trading account assets$0
Bank premises and fixed assets$1,060
Other real estate owned$17
Goodwill and other intangibles$0
All other assets$5,704
Life insurance assets$420,773
Total liabilities and capital$376,489
Total liabilities$374,559
Total deposits$261,074
Interest-bearing deposits$374,559
Deposits held in domestic offices$77
% insured (estimated)381.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$12
Other borrowed funds $0
Subordinated debt $1,537
All other liabilities $44,284
Total equity capital$44,284
Total bank equity capital$44,284
Perpetual preferred stock$0
Common stock$100
Undivided profits $42,400
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $1,675
Earning assets $0
Long-term assets (5+ years) $2,444
Average Assets, year-to-date $408,035
Average Assets, quarterly $127,363
Volatile liabilities $396,584
Insider loans $416,494
FHLB advances $228,626
Loans and leases held for sale $399,054
Unused loan commitments $2,110
Tier 1 (core) risk-based capital $2,110
Tier 2 risk-based capital $38,643
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $21,737
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $15,526
Total interest expense $2,016
Net interest income $13,510
Provision for loan and lease losses $323
Total noninterest income $1,453
Fiduciary activities $0
Service charges on deposit accounts $677
Trading account gains & fees $0
Additional noninterest income $776
Total noninterest expense $6,598
Salaries and employee benefits $3,787
Premises and equipment expense $699
Additional noninterest expense $2,112
Pre-tax net operating income $8,042
Securities gains (losses) $0
Applicable income taxes $0
Income before extraordinary items $8,042
Extraordinary gains - net $0
Net income attributable to bank $8,042
Net charge-offs $0
Cash dividends $8,042
Sale, conversion, retirement of capital stock, net $263
Net operating income $5,455
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.05%
Cost of funding earning assets 0.53%
Net interest margin 3.53%
Noninterest income to earning assets 0.38%
Noninterest expense to earning assets 1.72%
Net operating income to assets 2.03%
Return on assets (ROA) 2.03%
Pretax return on assets 2.03%
Return on equity (ROE) 19.95%
Retained earnings to average equity (YTD only) 6.42%
Net charge-offs to loans 0.15%
Credit loss provision to net charge-offs 122.81%
Efficiency ratio31.81%
Assets per employee$44,095
Cash dividends to net income (YTD only)6.68%
Condition Ratios (%)
Loss allowance to loans 67.83%
Loss allowance to noncurrent loans 1.92%
Noncurrent assets plus other real estate owned to assets 207.16%
Noncurrent loans to loans 0.40%
Net loans and leases to deposits0.93%
Net loans and leases to core deposits 47.30%
Equity capital to assets 52.40%
Core capital (leverage) ratio 10.52%
Tier 1 risk-based capital ratio 9.68%
Total risk-based capital ratio 16.90%
Average assets$18
Average earning assets$396,584
Average equity $40,308
Average loans $383,084
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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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