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



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The First National Bank of Baird routing number info

Table of contents:
The First National Bank of Baird
GeneralFDIC Certificate #: 3086
Status: Active
Federal Reserve ID: 75558
Bank Holding Company (Regulatory Top Holder): First Baird Bancshares, Inc. (RSSDID: 1105751, Location: Bedford, TX)
Date Established: Febuary 01, 1885
WWW: http://www.fnbbaird.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 6 (Domestic: 6, Interstate: No)
OTS Docket #: 12868
FDIC's unique #: 1966
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: No
Asset Concentration Hierarchy: Commercial Lending Specialization
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: 244 Market Street, Baird, TX 79504
County: Callahan
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): Abilene, TX (#10180)
CBSA Metro Statistical Area: Abilene, TX (#10180)
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $252.3 mil
Equity capital: $21.1 mil
Deposits held in domestic offices: $230.0 mil
Return on assets (ROA): 0.92% ($2.3 mil)
Quarterly return on assets: 0.77% ($1.9 mil)
Return on Equity (ROE): 9.71% ($2.0 mil)
Quarterly return on equity: 9.07% ($1.9 mil)
Net income: $2.1 mil
Quarterly Net income: $0.5 mil
Pretax return on assets: 1.39% ($3,507.2 mil)
Quarterly Pretax return on assets: 1.16% ($2,926.9 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)72
Total assets$252,317
Cash and due from depository institutions$43,413
Interest-bearing balances$36,961
Securities$26,986
Federal funds sold & reverse repurchase agreements$341
Net loans & leases$167,288
Loan loss allowance $1,555
Trading account assets$0
Bank premises and fixed assets$5,542
Other real estate owned$1,463
Goodwill and other intangibles$0
All other assets$7,284
Life insurance assets$252,317
Total liabilities and capital$231,189
Total liabilities$229,951
Total deposits$176,012
Interest-bearing deposits$229,951
Deposits held in domestic offices$84
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $1,238
All other liabilities $21,128
Total equity capital$21,128
Total bank equity capital$21,128
Perpetual preferred stock$0
Common stock$500
Surplus$500
Undivided profits $20,128
Memoranda
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 $1,056
Earning assets $378
Long-term assets (5+ years) $810
Average Assets, year-to-date $231,576
Average Assets, quarterly $30,088
Volatile liabilities $227,432
Insider loans $251,504
FHLB advances $147,680
Loans and leases held for sale $250,532
Unused loan commitments $4,101
Tier 1 (core) risk-based capital $2,846
Tier 2 risk-based capital $21,589
Total risk weighted assets $0
Total unused commitments $1,255
Restructured Loans and leases $18,315
Derivatives$16
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $10,863
Total interest expense $1,632
Net interest income $9,231
Provision for loan and lease losses $220
Total noninterest income $1,729
Fiduciary activities $0
Service charges on deposit accounts $1,359
Trading account gains & fees $0
Additional noninterest income $370
Total noninterest expense $7,584
Salaries and employee benefits $4,343
Premises and equipment expense $873
Additional noninterest expense $2,368
Pre-tax net operating income $3,156
Securities gains (losses) $0
Applicable income taxes $1,068
Income before extraordinary items $2,088
Extraordinary gains - net $0
Net income attributable to bank $2,088
Net charge-offs $0
Cash dividends $2,088
Sale, conversion, retirement of capital stock, net $340
Net operating income $1,550
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.22%
Cost of funding earning assets 0.78%
Net interest margin 4.44%
Noninterest income to earning assets 0.83%
Noninterest expense to earning assets 3.65%
Net operating income to assets 0.92%
Return on assets (ROA) 0.92%
Pretax return on assets 1.39%
Return on equity (ROE) 9.71%
Retained earnings to average equity (YTD only) 2.50%
Net charge-offs to loans 0.20%
Credit loss provision to net charge-offs 64.71%
Efficiency ratio9.93%
Assets per employee$69,197
Cash dividends to net income (YTD only)3.50%
Condition Ratios (%)
Loss allowance to loans 74.23%
Loss allowance to noncurrent loans 0.92%
Noncurrent assets plus other real estate owned to assets 147.25%
Noncurrent loans to loans 1.00%
Net loans and leases to deposits0.63%
Net loans and leases to core deposits 72.75%
Equity capital to assets 77.59%
Core capital (leverage) ratio 8.37%
Tier 1 risk-based capital ratio 8.62%
Total risk-based capital ratio 14.62%
Memoranda
Average assets$16
Average earning assets$227,432
Average equity $21,514
Average loans $207,929
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6 Texas Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
01966The First National Bank Of Baird244 Market Street, Baird, TX 79504Febuary 01, 1885Full Service Brick and Mortar
1196068Clyde BranchInterstate 20 And Cherry Lane, Clyde, TX 79510November 26, 1990Full Service Brick and Mortar
2196069Abilene Branch1849 South 1st Street, Abilene, TX 79605March 09, 1995Full Service Brick and Mortar
3433859Brownwood Branch3711 Austin Avenue, Brownwood, TX 76801December 03, 2004Full Service Brick and Mortar
4441995Abilene Office Branch4201 Buffalo Gap Road, Abilene, TX 79606March 31, 2005Full Service Brick and Mortar
5520603Judge Ely Branch966 North Judge Ely, Abilene, TX 79601December 30, 2010Full Service Brick and Mortar
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