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



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The First National Bank of Edgewood routing number info

Table of contents:
The First National Bank of Edgewood
GeneralFDIC Certificate #: 3182
Status: Active
Federal Reserve ID: 594451
Date Established: January 01, 1909
WWW: http://www.fnbedge.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: 1 (Domestic: 1, Interstate: No)
FDIC's unique #: 2044
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: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
LocationAddress: 119 East Front Street, Edgewood, TX 75117
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: $18.7 mil
Equity capital: $1.9 mil
Deposits held in domestic offices: $16.8 mil
Return on assets (ROA): 0.34% ($0.1 mil)
Quarterly return on assets: -0.80% (-$0.2 mil)
Return on Equity (ROE): 3.24% ($0.1 mil)
Quarterly return on equity: -7.75% (-$0.2 mil)
Net income: $0.1 mil
Quarterly Net income: -$0.0 mil
Pretax return on assets: 0.30% ($56.2 mil)
Quarterly Pretax return on assets: -0.80% (-$149.9 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)7
Total assets$18,741
Cash and due from depository institutions$3,332
Interest-bearing balances$2,737
Securities$7,270
Federal funds sold & reverse repurchase agreements$1,040
Net loans & leases$6,739
Loan loss allowance $85
Trading account assets$0
Bank premises and fixed assets$134
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$226
Life insurance assets$18,740
Total liabilities and capital$16,865
Total liabilities$16,806
Total deposits$9,882
Interest-bearing deposits$16,806
Deposits held in domestic offices$100
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $59
All other liabilities $1,875
Total equity capital$1,875
Total bank equity capital$1,875
Perpetual preferred stock$0
Common stock$150
Surplus$150
Undivided profits $1,575
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 $18
Earning assets $0
Long-term assets (5+ years) $88
Average Assets, year-to-date $17,786
Average Assets, quarterly $6,774
Volatile liabilities $18,166
Insider loans $18,528
FHLB advances $7,940
Loans and leases held for sale $18,450
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $1,839
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $100
Derivatives$235
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $720
Total interest expense $56
Net interest income $664
Provision for loan and lease losses $0
Total noninterest income $77
Fiduciary activities $0
Service charges on deposit accounts $55
Trading account gains & fees $0
Additional noninterest income $22
Total noninterest expense $687
Salaries and employee benefits $348
Premises and equipment expense $59
Additional noninterest expense $280
Pre-tax net operating income $54
Securities gains (losses) $0
Applicable income taxes -$7
Income before extraordinary items $61
Extraordinary gains - net $0
Net income attributable to bank $61
Net charge-offs $0
Cash dividends $61
Sale, conversion, retirement of capital stock, net $0
Net operating income $30
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.30%
Cost of funding earning assets 0.33%
Net interest margin 3.96%
Noninterest income to earning assets 0.46%
Noninterest expense to earning assets 4.10%
Net operating income to assets 0.34%
Return on assets (ROA) 0.34%
Pretax return on assets 0.30%
Return on equity (ROE) 3.24%
Retained earnings to average equity (YTD only) 1.65%
Net charge-offs to loans 0.00%
Credit loss provision to net charge-offs 0.00%
Efficiency ratio0.00%
Assets per employee$92,713
Cash dividends to net income (YTD only)2.68%
Condition Ratios (%)
Loss allowance to loans 49.18%
Loss allowance to noncurrent loans 1.25%
Noncurrent assets plus other real estate owned to assets 472.22%
Noncurrent loans to loans 0.10%
Net loans and leases to deposits0.26%
Net loans and leases to core deposits 40.10%
Equity capital to assets 40.10%
Core capital (leverage) ratio 10.00%
Tier 1 risk-based capital ratio 9.97%
Total risk-based capital ratio 23.16%
Memoranda
Average assets$24
Average earning assets$18,166
Average equity $1,883
Average loans $16,756
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1 Texas Branch as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
02044The First National Bank Of Edgewood119 East Front Street, Edgewood, TX 75117January 01, 1909Full Service Brick and Mortar
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