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

The First National Bank of Bastrop - Overview

  • General
  • FDIC 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
  • Location
  • Address: 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 Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total 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
  • 111Total employees (full-time equivalent)
  • $411,931Total assets
  • $21,329Cash and due from depository institutions
  • $5,363Interest-bearing balances
  • $178,599Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $193,785Net loans & leases
  • $2,889Loan loss allowance
  • $0Trading account assets
  • $12,194Bank premises and fixed assets
  • $2,119Other real estate owned
  • $544Goodwill and other intangibles
  • $411,931Life insurance assets
  • $3,361All other assets
  • $369,859Total liabilities and capital
  • $364,989Total liabilities
  • $239,550Total deposits
  • $364,989Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 990.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $493Trading liabilities
  • $0Other borrowed funds
  • $3,387Subordinated debt
  • $42,072All other liabilities
  • $42,072Total equity capital
  • $42,072Total bank equity capital
  • $0Perpetual preferred stock
  • $1,214Common stock
  • $7,671Surplus
  • $33,187Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $62Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4,747Income earned, not collected on loans
  • $0Earning assets
  • $1,718Long-term assets (5+ years)
  • $377,747Average Assets, year-to-date
  • $285,912Average Assets, quarterly
  • $363,081Volatile liabilities
  • $399,528Insider loans
  • $212,838FHLB advances
  • $404,682Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $38,602Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $16,366Restructured Loans and leases
  • $4,397Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $14,841Total interest income
  • $1,620Total interest expense
  • $13,221Net interest income
  • $840Provision for loan and lease losses
  • $3,893Total noninterest income
  • $0Fiduciary activities
  • $1,649Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,244Additional noninterest income
  • $10,536Total noninterest expense
  • $5,430Salaries and employee benefits
  • $1,648Premises and equipment expense
  • $3,458Additional noninterest expense
  • $5,738Pre-tax net operating income
  • $78Securities gains (losses)
  • $0Applicable income taxes
  • $5,816Income before extraordinary items
  • $0Extraordinary gains - net
  • $5,816Net income attributable to bank
  • $0Net charge-offs
  • $5,816Cash dividends
  • $564Sale, conversion, retirement of capital stock, net
  • $3,544Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.43%Yield on earning assets
  • 0.48%Cost of funding earning assets
  • 3.95%Net interest margin
  • 1.16%Noninterest income to earning assets
  • 3.15%Noninterest expense to earning assets
  • 1.58%Net operating income to assets
  • 1.60%Return on assets (ROA)
  • 1.60%Pretax return on assets
  • 14.25%Return on equity (ROE)
  • 5.57%Retained earnings to average equity (YTD only)
  • 0.29%Net charge-offs to loans
  • 148.94%Credit loss provision to net charge-offs
  • 11.66%Efficiency ratio
  • 60,997Assets per employee
  • 3.71%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 60.94%Loss allowance to loans
  • 1.47%Loss allowance to noncurrent loans
  • 60.86%Noncurrent assets plus other real estate owned to assets
  • 1.67%Noncurrent loans to loans
  • 2.41%Net loans and leases to deposits
  • 53.09%Net loans and leases to core deposits
  • 55.38%Equity capital to assets
  • 10.21%Core capital (leverage) ratio
  • 9.54%Tier 1 risk-based capital ratio
  • 18.14%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $363,081Average earning assets
  • $40,802Average equity
  • $334,996Average loans

List of branches

  • 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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