The First National Bank of Evant in Evant, Texas (TX)
| The First National Bank of Evant | |
|---|---|
| General | FDIC Certificate #: 3190 Status: Active Federal Reserve ID: 379153 Date Established: October 08, 1912 WWW: http://www.fnbevant.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: 2 (Domestic: 2, Interstate: No) FDIC's unique #: 2052 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: November 29, 2006 Last Structure Change Process Date: January 12, 2007 Last Data Update: January 12, 2007 Data Source Date: April 05, 2012 |
| Location | Address: 115 N Memory Drive, Evant, TX 76525 County: Coryell 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): Killeen-Temple, TX (#3810) Core Based Statistical Area (CBSA): Killeen-Temple-Fort Hood, TX (#28660) CBSA Metro Statistical Area: Killeen-Temple-Fort Hood, TX (#28660) |
| History of Changes | Change in Location |
| Financial Summary | Total assets: $64.1 mil Equity capital: $5.1 mil Deposits held in domestic offices: $58.9 mil Return on assets (ROA): 1.10% ($0.7 mil) Quarterly return on assets: 1.12% ($0.7 mil) Return on Equity (ROE): 13.80% ($0.7 mil) Quarterly return on equity: 13.91% ($0.7 mil) Net income: $0.7 mil Quarterly Net income: $0.2 mil Pretax return on assets: 1.08% ($692.0 mil) Quarterly Pretax return on assets: 1.12% ($717.7 mil) |
| Assets and Liabilities (December 31, 2011) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 16 |
| Total assets | $64,077 |
| Cash and due from depository institutions | $14,974 |
| Interest-bearing balances | $12,992 |
| Securities | $7,821 |
| Federal funds sold & reverse repurchase agreements | $0 |
| Net loans & leases | $37,500 |
| Loan loss allowance | $583 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $1,540 |
| Other real estate owned | $549 |
| Goodwill and other intangibles | $0 |
| All other assets | $1,693 |
| Life insurance assets | $64,077 |
| Total liabilities and capital | $58,997 |
| Total liabilities | $58,912 |
| Total deposits | $43,362 |
| Interest-bearing deposits | $58,912 |
| Deposits held in domestic offices | $91 |
| % insured (estimated) | 0.00% |
| Federal funds purchased & repurchase agreements | $0 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $85 |
| All other liabilities | $5,080 |
| Total equity capital | $5,080 |
| Total bank equity capital | $5,080 |
| Perpetual preferred stock | $0 |
| Common stock | $323 |
| Surplus | $3,009 |
| Undivided profits | $1,748 |
| 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 | $415 |
| Earning assets | $0 |
| Long-term assets (5+ years) | $278 |
| Average Assets, year-to-date | $58,313 |
| Average Assets, quarterly | $8,673 |
| Volatile liabilities | $63,537 |
| Insider loans | $63,705 |
| FHLB advances | $35,606 |
| Loans and leases held for sale | $63,282 |
| Unused loan commitments | $1,084 |
| Tier 1 (core) risk-based capital | $1,084 |
| Tier 2 risk-based capital | $5,010 |
| Total risk weighted assets | $0 |
| Total unused commitments | $0 |
| Restructured Loans and leases | $2,425 |
| Derivatives | $1,428 |
| Income and Expense (December 31, 2011) (Dollar figures in thousands) | |
| Total interest income | $2,670 |
| Total interest expense | $415 |
| Net interest income | $2,255 |
| Provision for loan and lease losses | $0 |
| Total noninterest income | $381 |
| Fiduciary activities | $0 |
| Service charges on deposit accounts | $244 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $137 |
| Total noninterest expense | $1,952 |
| Salaries and employee benefits | $969 |
| Premises and equipment expense | $277 |
| Additional noninterest expense | $706 |
| Pre-tax net operating income | $684 |
| Securities gains (losses) | $0 |
| Applicable income taxes | -$16 |
| Income before extraordinary items | $700 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | $700 |
| Net charge-offs | $0 |
| Cash dividends | $700 |
| Sale, conversion, retirement of capital stock, net | $96 |
| Net operating income | $559 |
| Performance and Condition Ratios (December 31, 2011) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 4.60% |
| Cost of funding earning assets | 0.71% |
| Net interest margin | 3.88% |
| Noninterest income to earning assets | 0.66% |
| Noninterest expense to earning assets | 3.36% |
| Net operating income to assets | 1.10% |
| Return on assets (ROA) | 1.10% |
| Pretax return on assets | 1.08% |
| Return on equity (ROE) | 13.80% |
| Retained earnings to average equity (YTD only) | 2.78% |
| Net charge-offs to loans | 0.26% |
| Credit loss provision to net charge-offs | 0.00% |
| Efficiency ratio | 7.13% |
| Assets per employee | $74,052 |
| Cash dividends to net income (YTD only) | 4.00% |
| Condition Ratios (%) | |
| Loss allowance to loans | 79.86% |
| Loss allowance to noncurrent loans | 1.53% |
| Noncurrent assets plus other real estate owned to assets | 140.48% |
| Noncurrent loans to loans | 1.50% |
| Net loans and leases to deposits | 1.09% |
| Net loans and leases to core deposits | 63.65% |
| Equity capital to assets | 67.15% |
| Core capital (leverage) ratio | 7.93% |
| Tier 1 risk-based capital ratio | 7.92% |
| Total risk-based capital ratio | 14.07% |
| Memoranda | |
| Average assets | $15 |
| Average earning assets | $63,537 |
| Average equity | $5,072 |
| Average loans | $58,072 |
| 2 Texas Branches as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 0 | 2052 | The First National Bank Of Evant | 115 N Memory Drive, Evant, TX 76525 | October 08, 1912 | Full Service Brick and Mortar |  |
| 1 | 456816 | Gatesville Branch | 3411 East Main, Gatesville, TX 76528 | November 20, 2006 | Full Service Brick and Mortar |  |
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