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



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The First National Bank of Canton routing number info

Table of contents:
The First National Bank of Canton
GeneralFDIC Certificate #: 3130
Status: Active
Federal Reserve ID: 730857
Date Established: January 01, 1905
WWW: http://www.fnbcanton.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: 3 (Domestic: 3, Interstate: No)
FDIC's unique #: 2003
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: Mortgage 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: 231 East Tyler Street, Canton, TX 75103
County: Van Zandt
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
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $119.5 mil
Equity capital: $10.9 mil
Deposits held in domestic offices: $108.2 mil
Return on assets (ROA): 1.16% ($1.4 mil)
Quarterly return on assets: 0.94% ($1.1 mil)
Return on Equity (ROE): 12.26% ($1.3 mil)
Quarterly return on equity: 10.14% ($1.1 mil)
Net income: $1.3 mil
Quarterly Net income: $0.3 mil
Pretax return on assets: 1.16% ($1,385.7 mil)
Quarterly Pretax return on assets: 0.94% ($1,122.9 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)32
Total assets$119,461
Cash and due from depository institutions$14,537
Interest-bearing balances$11,833
Securities$37,245
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$61,126
Loan loss allowance $715
Trading account assets$0
Bank premises and fixed assets$3,425
Other real estate owned$2,152
Goodwill and other intangibles$0
All other assets$976
Life insurance assets$119,462
Total liabilities and capital$108,519
Total liabilities$108,183
Total deposits$79,684
Interest-bearing deposits$108,183
Deposits held in domestic offices$96
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $336
All other liabilities $10,943
Total equity capital$10,943
Total bank equity capital$10,943
Perpetual preferred stock$0
Common stock$50
Surplus$200
Undivided profits $10,693
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $139
Income earned, not collected on loans $11
Earning assets $0
Long-term assets (5+ years) $418
Average Assets, year-to-date $110,204
Average Assets, quarterly $39,531
Volatile liabilities $113,224
Insider loans $119,526
FHLB advances $64,942
Loans and leases held for sale $119,992
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $10,610
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $1,599
Derivatives$1,301
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $4,591
Total interest expense $695
Net interest income $3,896
Provision for loan and lease losses $120
Total noninterest income $742
Fiduciary activities $0
Service charges on deposit accounts $396
Trading account gains & fees $0
Additional noninterest income $346
Total noninterest expense $3,209
Salaries and employee benefits $1,317
Premises and equipment expense $591
Additional noninterest expense $1,301
Pre-tax net operating income $1,309
Securities gains (losses) $0
Applicable income taxes $0
Income before extraordinary items $1,309
Extraordinary gains - net $0
Net income attributable to bank $1,309
Net charge-offs $0
Cash dividends $1,309
Sale, conversion, retirement of capital stock, net $95
Net operating income $798
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.45%
Cost of funding earning assets 0.67%
Net interest margin 3.78%
Noninterest income to earning assets 0.72%
Noninterest expense to earning assets 3.11%
Net operating income to assets 1.16%
Return on assets (ROA) 1.16%
Pretax return on assets 1.16%
Return on equity (ROE) 12.26%
Retained earnings to average equity (YTD only) 4.79%
Net charge-offs to loans 0.16%
Credit loss provision to net charge-offs 126.32%
Efficiency ratio15.04%
Assets per employee$69,189
Cash dividends to net income (YTD only)3.73%
Condition Ratios (%)
Loss allowance to loans 60.96%
Loss allowance to noncurrent loans 1.16%
Noncurrent assets plus other real estate owned to assets 6500.00%
Noncurrent loans to loans 1.81%
Net loans and leases to deposits0.02%
Net loans and leases to core deposits 56.50%
Equity capital to assets 56.96%
Core capital (leverage) ratio 9.16%
Tier 1 risk-based capital ratio 8.84%
Total risk-based capital ratio 16.34%
Memoranda
Average assets$17
Average earning assets$113,224
Average equity $10,676
Average loans $103,072
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3 Texas Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
02003The First National Bank Of Canton231 East Tyler Street, Canton, TX 75103January 01, 1905Full Service Brick and Mortar
1196093Highway 243 Motor Branch330 East Highway 243, Canton, TX 75103March 31, 1997Limited Service Facility
2465806The First National Bank Of Forney A648 Ridgecrest Road, Forney, TX 75126August 01, 2006Full Service Brick and Mortar
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