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

The First National Bank of Bells/Savoy - Overview

  • General
  • FDIC Certificate #: 3098
    Status: Active
    Federal Reserve ID: 89957
    Bank Holding Company (Regulatory Top Holder): First Bells Bankshares, Inc. (RSSDID: 1104567, Location: Bells, TX)
    Date Established: January 01, 1904
    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: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 1976
    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: Other Specialized Lending < 1 Billion
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: June 01, 2010
    Last Structure Change Process Date: June 01, 2010
    Last Data Update: June 01, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 615 E. Bells Blvd, Bells, TX 75414
    County: Grayson
    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
    Metropolitan Statistical Area (MSA): Sherman-Denison, TX (#7640)
    Combined Statistical Area (CSA): Dallas-Fort Worth, TX (#206)
    Core Based Statistical Area (CBSA): Sherman-Denison, TX (#43300)
    CBSA Metro Statistical Area: Sherman-Denison, TX (#43300)
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $44.8 mil
    Equity capital: $6.8 mil
    Deposits held in domestic offices: $37.8 mil
    Return on assets (ROA): 0.24% ($0.1 mil)
    Quarterly return on assets: 0.87% ($0.4 mil)
    Return on Equity (ROE): 1.62% ($0.1 mil)
    Quarterly return on equity: 5.69% ($0.4 mil)
    Net income: $0.1 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.10% ($44.8 mil)
    Quarterly Pretax return on assets: 0.30% ($134.5 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
  • 14Total employees (full-time equivalent)
  • $44,820Total assets
  • $2,374Cash and due from depository institutions
  • $0Interest-bearing balances
  • $18,313Securities
  • $4,575Federal funds sold & reverse repurchase agreements
  • $17,376Net loans & leases
  • $259Loan loss allowance
  • $0Trading account assets
  • $1,386Bank premises and fixed assets
  • $344Other real estate owned
  • $0Goodwill and other intangibles
  • $44,820Life insurance assets
  • $452All other assets
  • $38,046Total liabilities and capital
  • $37,820Total liabilities
  • $30,355Total deposits
  • $37,820Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $226Subordinated debt
  • $6,774All other liabilities
  • $6,774Total equity capital
  • $6,774Total bank equity capital
  • $0Perpetual preferred stock
  • $100Common stock
  • $2,009Surplus
  • $4,665Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $349Income earned, not collected on loans
  • $0Earning assets
  • $200Long-term assets (5+ years)
  • $40,264Average Assets, year-to-date
  • $21,579Average Assets, quarterly
  • $45,122Volatile liabilities
  • $45,146Insider loans
  • $21,386FHLB advances
  • $44,906Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $6,324Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,262Restructured Loans and leases
  • $172Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,764Total interest income
  • $414Total interest expense
  • $1,350Net interest income
  • $2Provision for loan and lease losses
  • $210Total noninterest income
  • $0Fiduciary activities
  • $115Service charges on deposit accounts
  • $0Trading account gains & fees
  • $95Additional noninterest income
  • $1,640Total noninterest expense
  • $709Salaries and employee benefits
  • $291Premises and equipment expense
  • $640Additional noninterest expense
  • -$82Pre-tax net operating income
  • $128Securities gains (losses)
  • -$64Applicable income taxes
  • $110Income before extraordinary items
  • $0Extraordinary gains - net
  • $110Net income attributable to bank
  • $0Net charge-offs
  • $110Cash dividends
  • $29Sale, conversion, retirement of capital stock, net
  • $270Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.34%Yield on earning assets
  • 1.02%Cost of funding earning assets
  • 3.32%Net interest margin
  • 0.52%Noninterest income to earning assets
  • 4.04%Noninterest expense to earning assets
  • -0.04%Net operating income to assets
  • 0.24%Return on assets (ROA)
  • 0.10%Pretax return on assets
  • 1.62%Return on equity (ROE)
  • -2.36%Retained earnings to average equity (YTD only)
  • 0.16%Net charge-offs to loans
  • 6.90%Credit loss provision to net charge-offs
  • -2.76%Efficiency ratio
  • 105,128Assets per employee
  • 3.20%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 245.45%Loss allowance to loans
  • 1.47%Loss allowance to noncurrent loans
  • 74.21%Noncurrent assets plus other real estate owned to assets
  • 1.55%Noncurrent loans to loans
  • 1.98%Net loans and leases to deposits
  • 45.94%Net loans and leases to core deposits
  • 47.27%Equity capital to assets
  • 15.11%Core capital (leverage) ratio
  • 14.08%Tier 1 risk-based capital ratio
  • 29.57%Total risk-based capital ratio
  • Memoranda
  • $31Average assets
  • $45,122Average earning assets
  • $6,794Average equity
  • $40,636Average loans

List of branches

  • 2 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    01976The First National Bank Of Bells/Sav615 E. Bells Blvd, Bells, TX 75414January 01, 1904Full Service Brick and Mortar
    1506525North Branch1105 North Ole Ambrose Road, Bells, TX 75414March 08, 2010Limited Service Facility

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