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

Show street view No street view available for this location
Table of contents:
The First National Bank of Amarillo
GeneralFDIC Certificate #: 19427
Status: Inactive
Closing history: Absorption - Without Assistance
Acquiring institution: Wells Fargo Bank Texas, National Association (#14533)
Federal Reserve ID: 311359
Date Established: April 10, 1965
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 6 (Interstate: No)
FDIC's unique #: 13230
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: May 06, 1965
Last Structure Change Effective Date: August 24, 2002
Last Structure Change Process Date: October 29, 2002
Last Data Update: October 29, 2002
Data Source Date: April 05, 2012
LocationAddress: 901 South Filmore, Suite 101, Amarillo, TX 79101
County: Potter
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: San Francisco
FDIC Field Office: Lubbock
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
Metropolitan Statistical Area (MSA): Amarillo, TX (#320)
Core Based Statistical Area (CBSA): Amarillo, TX (#11100)
CBSA Metro Statistical Area: Amarillo, TX (#11100)
Financial SummaryTotal assets: $365.6 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, 2001)
(Dollar figures in thousands)
Total employees (full-time equivalent)110
Total assets$356,631
Cash and due from depository institutions$24,926
Interest-bearing balances$12
Federal funds sold & reverse repurchase agreements$4,430
Net loans & leases$310,589
Loan loss allowance $5,695
Trading account assets$0
Bank premises and fixed assets$4,549
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$7,775
Life insurance assets$0
Total liabilities and capital$356,631
Total liabilities$302,271
Total deposits$300,538
Interest-bearing deposits$202,871
Deposits held in domestic offices$300,538
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $0
All other liabilities $1,733
Total equity capital$54,360
Total bank equity capital$54,360
Perpetual preferred stock$54,360
Common stock$0
Undivided profits $38,759
Noncurrent loans and leases $15,501
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $112,162
Income earned, not collected on loans $0
Earning assets $51
Long-term assets (5+ years) $0
Average Assets, year-to-date $2,736
Average Assets, quarterly $319,393
Volatile liabilities $44,503
Insider loans $361,803
FHLB advances $359,571
Loans and leases held for sale $68,422
Unused loan commitments $31,281
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $0
Total risk weighted assets $2,647
Total unused commitments $112,162
Restructured Loans and leases $0
Back to page top, Back to table top

Income and Expense (December 31, 2001)
(Dollar figures in thousands)
Total interest income $24,910
Total interest expense $7,867
Net interest income $17,043
Provision for loan and lease losses -$850
Total noninterest income $3,309
Fiduciary activities $196
Service charges on deposit accounts $2,079
Trading account gains & fees $0
Additional noninterest income $1,034
Total noninterest expense $10,383
Salaries and employee benefits $5,590
Premises and equipment expense $1,376
Additional noninterest expense $3,417
Pre-tax net operating income $10,819
Securities gains (losses) $0
Applicable income taxes $3,683
Income before extraordinary items $7,136
Extraordinary gains - net $0
Net income attributable to bank $7,136
Net charge-offs $0
Cash dividends $0
Sale, conversion, retirement of capital stock, net -$1,556
Net operating income $2,244
Back to page top, Back to table top

Performance and Condition Ratios (December 31, 2001)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets7.59%
Cost of funding earning assets 2.40%
Net interest margin 5.19%
Noninterest income to earning assets 1.01%
Noninterest expense to earning assets 3.16%
Net operating income to assets 1.97%
Return on assets (ROA) 1.97%
Pretax return on assets 2.99%
Return on equity (ROE) 13.66%
Retained earnings to average equity (YTD only) 9.37%
Net charge-offs to loans -0.48%
Credit loss provision to net charge-offs 54.63%
Efficiency ratio0.00%
Assets per employee$51,017
Cash dividends to net income (YTD only)3.24%
Condition Ratios (%)
Loss allowance to loans 31.45%
Loss allowance to noncurrent loans 1.80%
Noncurrent assets plus other real estate owned to assets 11166.67%
Noncurrent loans to loans 0.01%
Net loans and leases to deposits0.02%
Net loans and leases to core deposits 103.34%
Equity capital to assets 133.81%
Core capital (leverage) ratio 15.24%
Tier 1 risk-based capital ratio 15.30%
Total risk-based capital ratio 17.34%
Average assets$19
Average earning assets$361,803
Average equity $52,227
Average loans $328,120
Back to page top, Back to table top

Total Fiduciary and Related Assets (December 31, 2001)
(Dollar figures in thousands)
Total fiduciary and related assets$1
Number of Fiduciary Accounts and Related Asset Accounts1
Fiduciary powers grantedYes
Fiduciary or related activityYes
Managed Assets$42,894
Number of Accounts1
Personal trust and agency accounts$32,608
Employee benefit-defined contribution accounts$6,263
Employee benefit-defined benefit accounts$1,711
Other retirement accounts$0
Corporate trust and agency accounts$1,022
Investment management agency accounts$0
Other fiduciary accounts$23,612
Fiduciary accounts held in foreign offices$0
Non-managed Assets$0
Number of Accounts73
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$0
Employee benefit-defined benefit accounts$0
Other retirement accounts$10,286
Corporate trust and agency accounts$117
Other fiduciary accounts$10,169
Fiduciary accounts held in foreign offices$0
Back to page top, Back to table top

User Contributions:

Comment about this bank, ask questions, or add new information about it:


This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with The First National Bank of Amarillo.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.