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

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The First National Bank of Bastrop routing number info

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The First National Bank of Bastrop
GeneralFDIC Certificate #: 3091
Status: Active
Federal Reserve ID: 18050
Bank Holding Company (Regulatory Top Holder): Bastrop Bancshares, Inc. (RSSDID: 2410304, Location: Bastrop, TX)
Date Established: August 15, 1889
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 #: 13670
FDIC's unique #: 1970
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: 489 Highway 71 West, Bastrop, TX 78602
County: Bastrop
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Austin
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
Metropolitan Statistical Area (MSA): Austin-San Marcos, TX (#640)
Combined Statistical Area (CSA): Austin-Round Rock-Marble Falls, TX (#126)
Core Based Statistical Area (CBSA): Austin-Round Rock-San Marcos, TX (#12420)
CBSA Metro Statistical Area: Austin-Round Rock-San Marcos, TX (#12420)
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $411.9 mil
Equity capital: $42.1 mil
Deposits held in domestic offices: $365.0 mil
Return on assets (ROA): 1.60% ($6.6 mil)
Quarterly return on assets: 1.50% ($6.2 mil)
Return on Equity (ROE): 14.25% ($6.0 mil)
Quarterly return on equity: 14.10% ($5.9 mil)
Net income: $5.8 mil
Quarterly Net income: $1.5 mil
Pretax return on assets: 1.60% ($6,590.9 mil)
Quarterly Pretax return on assets: 1.50% ($6,179.0 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)111
Total assets$411,931
Cash and due from depository institutions$21,329
Interest-bearing balances$5,363
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$193,785
Loan loss allowance $2,889
Trading account assets$0
Bank premises and fixed assets$12,194
Other real estate owned$2,119
Goodwill and other intangibles$544
All other assets$3,361
Life insurance assets$411,931
Total liabilities and capital$369,859
Total liabilities$364,989
Total deposits$239,550
Interest-bearing deposits$364,989
Deposits held in domestic offices$93
% insured (estimated)990.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$493
Other borrowed funds $0
Subordinated debt $3,387
All other liabilities $42,072
Total equity capital$42,072
Total bank equity capital$42,072
Perpetual preferred stock$0
Common stock$1,214
Undivided profits $33,187
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $62
Income earned, not collected on loans $4,747
Earning assets $0
Long-term assets (5+ years) $1,718
Average Assets, year-to-date $377,747
Average Assets, quarterly $285,912
Volatile liabilities $363,081
Insider loans $399,528
FHLB advances $212,838
Loans and leases held for sale $404,682
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $38,602
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $16,366
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $14,841
Total interest expense $1,620
Net interest income $13,221
Provision for loan and lease losses $840
Total noninterest income $3,893
Fiduciary activities $0
Service charges on deposit accounts $1,649
Trading account gains & fees $0
Additional noninterest income $2,244
Total noninterest expense $10,536
Salaries and employee benefits $5,430
Premises and equipment expense $1,648
Additional noninterest expense $3,458
Pre-tax net operating income $5,738
Securities gains (losses) $78
Applicable income taxes $0
Income before extraordinary items $5,816
Extraordinary gains - net $0
Net income attributable to bank $5,816
Net charge-offs $0
Cash dividends $5,816
Sale, conversion, retirement of capital stock, net $564
Net operating income $3,544
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.43%
Cost of funding earning assets 0.48%
Net interest margin 3.95%
Noninterest income to earning assets 1.16%
Noninterest expense to earning assets 3.15%
Net operating income to assets 1.58%
Return on assets (ROA) 1.60%
Pretax return on assets 1.60%
Return on equity (ROE) 14.25%
Retained earnings to average equity (YTD only) 5.57%
Net charge-offs to loans 0.29%
Credit loss provision to net charge-offs 148.94%
Efficiency ratio11.66%
Assets per employee$60,997
Cash dividends to net income (YTD only)3.71%
Condition Ratios (%)
Loss allowance to loans 60.94%
Loss allowance to noncurrent loans 1.47%
Noncurrent assets plus other real estate owned to assets 60.86%
Noncurrent loans to loans 1.67%
Net loans and leases to deposits2.41%
Net loans and leases to core deposits 53.09%
Equity capital to assets 55.38%
Core capital (leverage) ratio 10.21%
Tier 1 risk-based capital ratio 9.54%
Total risk-based capital ratio 18.14%
Average assets$19
Average earning assets$363,081
Average equity $40,802
Average loans $334,996
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6 Texas Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
01970The First National Bank Of Bastrop489 Highway 71 West, Bastrop, TX 78602August 15, 1889Full Service Brick and Mortar
1196070Highway 71 BranchHighway 71 And Hasler Boulevard, Bastrop, TX 78602July 26, 1993Full Service Brick and Mortar
2196071Elgin Branch1312 Hwy 290, Elgin, TX 78621October 01, 1997Full Service Brick and Mortar
341913Smithville Branch312 Main Street, Smithville, TX 78957August 01, 1934Full Service Brick and Mortar
4440192Cedar Creek Branch118 West Highway 21, Bastrop, TX 78602April 04, 2005Full Service Brick and Mortar
5453112Downtown Branch1021 Main Street, Bastrop, TX 78602Febuary 21, 2006Full Service Brick and Mortar
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