The First National Bank of Eagle Lake in Eagle Lake, Texas (TX)
| The First National Bank of Eagle Lake | |
|---|---|
| General | FDIC Certificate #: 3179 Status: Active Federal Reserve ID: 651952 Bank Holding Company (Regulatory Top Holder): Eagle Lake Bancshares, Inc. (RSSDID: 2723648, Location: Eagle Lake, TX) Date Established: December 30, 1904 WWW: http://www.fnbeaglelake.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) OTS Docket #: 11421 FDIC's unique #: 2042 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: 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 |
| Location | Address: 100 Commerce Street, Eagle Lake, TX 77434 County: Colorado 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 |
| History of Changes | Merge BIF and SAIF Funds into DIF |
| Financial Summary | Total assets: $101.6 mil Equity capital: $9.6 mil Deposits held in domestic offices: $91.6 mil Return on assets (ROA): 0.55% ($0.6 mil) Quarterly return on assets: 0.55% ($0.6 mil) Return on Equity (ROE): 5.56% ($0.6 mil) Quarterly return on equity: 5.63% ($0.6 mil) Net income: $0.5 mil Quarterly Net income: $0.1 mil Pretax return on assets: 0.55% ($558.7 mil) Quarterly Pretax return on assets: 0.55% ($558.7 mil) |
| Assets and Liabilities (December 31, 2011) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 42 |
| Total assets | $101,581 |
| Cash and due from depository institutions | $16,249 |
| Interest-bearing balances | $12,525 |
| Securities | $23,639 |
| Federal funds sold & reverse repurchase agreements | $0 |
| Net loans & leases | $55,379 |
| Loan loss allowance | $699 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $1,600 |
| Other real estate owned | $627 |
| Goodwill and other intangibles | $0 |
| All other assets | $4,087 |
| Life insurance assets | $101,581 |
| Total liabilities and capital | $91,985 |
| Total liabilities | $91,643 |
| Total deposits | $64,269 |
| Interest-bearing deposits | $91,643 |
| Deposits held in domestic offices | $91 |
| % insured (estimated) | 0.00% |
| Federal funds purchased & repurchase agreements | $0 |
| Trading liabilities | $77 |
| Other borrowed funds | $0 |
| Subordinated debt | $265 |
| All other liabilities | $9,596 |
| Total equity capital | $9,596 |
| Total bank equity capital | $9,596 |
| Perpetual preferred stock | $0 |
| Common stock | $106 |
| Surplus | $2,712 |
| Undivided profits | $6,778 |
| 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 | $1,164 |
| Earning assets | $119 |
| Long-term assets (5+ years) | $709 |
| Average Assets, year-to-date | $91,543 |
| Average Assets, quarterly | $16,079 |
| Volatile liabilities | $94,687 |
| Insider loans | $98,979 |
| FHLB advances | $63,588 |
| Loans and leases held for sale | $101,001 |
| Unused loan commitments | $2,332 |
| Tier 1 (core) risk-based capital | $2,332 |
| Tier 2 risk-based capital | $8,952 |
| Total risk weighted assets | $0 |
| Total unused commitments | $0 |
| Restructured Loans and leases | $13,534 |
| Derivatives | $2,395 |
| Income and Expense (December 31, 2011) (Dollar figures in thousands) | |
| Total interest income | $4,332 |
| Total interest expense | $370 |
| Net interest income | $3,962 |
| Provision for loan and lease losses | $208 |
| Total noninterest income | $740 |
| Fiduciary activities | $0 |
| Service charges on deposit accounts | $392 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $348 |
| Total noninterest expense | $3,984 |
| Salaries and employee benefits | $2,158 |
| Premises and equipment expense | $391 |
| Additional noninterest expense | $1,435 |
| Pre-tax net operating income | $510 |
| Securities gains (losses) | $12 |
| Applicable income taxes | $0 |
| Income before extraordinary items | $522 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | $522 |
| Net charge-offs | $0 |
| Cash dividends | $522 |
| Sale, conversion, retirement of capital stock, net | $178 |
| Net operating income | $366 |
| Performance and Condition Ratios (December 31, 2011) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 5.06% |
| Cost of funding earning assets | 0.43% |
| Net interest margin | 4.62% |
| Noninterest income to earning assets | 0.86% |
| Noninterest expense to earning assets | 4.65% |
| Net operating income to assets | 0.54% |
| Return on assets (ROA) | 0.55% |
| Pretax return on assets | 0.55% |
| Return on equity (ROE) | 5.56% |
| Retained earnings to average equity (YTD only) | 1.66% |
| Net charge-offs to loans | 0.33% |
| Credit loss provision to net charge-offs | 116.85% |
| Efficiency ratio | 4.03% |
| Assets per employee | $84,390 |
| Cash dividends to net income (YTD only) | 2.42% |
| Condition Ratios (%) | |
| Loss allowance to loans | 70.11% |
| Loss allowance to noncurrent loans | 1.25% |
| Noncurrent assets plus other real estate owned to assets | 60.05% |
| Noncurrent loans to loans | 1.76% |
| Net loans and leases to deposits | 2.08% |
| Net loans and leases to core deposits | 60.43% |
| Equity capital to assets | 60.69% |
| Core capital (leverage) ratio | 9.45% |
| Tier 1 risk-based capital ratio | 8.86% |
| Total risk-based capital ratio | 14.08% |
| Memoranda | |
| Average assets | $15 |
| Average earning assets | $94,687 |
| Average equity | $9,394 |
| Average loans | $85,669 |
| 3 Texas Branches as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 0 | 2042 | The First National Bank Of Eagle Lak | 100 Commerce Street, Eagle Lake, TX 77434 | December 30, 1904 | Full Service Brick and Mortar |  |
| 1 | 334395 | East Bernard Branch | 138 South Dill Street, East Bernard, TX 77435 | May 15, 2000 | Full Service Brick and Mortar |  |
| 2 | 259406 | Columbus Branch | 1001 Milam St, Columbus, TX 78934 | August 28, 1998 | Full Service Brick and Mortar | |
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