The First National Bank of Fort Smith in Fort Smith, Arkansas (AR)
Overview, Financial Summary, Detailed Financial Reports, Branches


The First National Bank of Fort Smith - Overview

  • General
  • FDIC Certificate #: 3864
    Status: Active
    Federal Reserve ID: 397540
    Bank Holding Company (Regulatory Top Holder): First Bank Corp (RSSDID: 1491360, Location: Fort Smith, AR)
    Date Established: Febuary 29, 1872
    WWW: http://www.fnbfs.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 17 (Domestic: 16, Interstate: No)
    OTS Docket #: 10598
    FDIC's unique #: 2519
    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: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: January 04, 2010
    Last Structure Change Process Date: January 29, 2010
    Last Data Update: January 29, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 602 Garrison Avenue, Fort Smith, AR 72901
    County: Sebastian
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Little Rock
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Fort Smith, AR-OK (#2720)
    Core Based Statistical Area (CBSA): Fort Smith, AR-OK (#22900)
    CBSA Metro Statistical Area: Fort Smith, AR-OK (#22900)
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $1,071.2 mil
    Equity capital: $144.4 mil
    Deposits held in domestic offices: $880.1 mil
    Return on assets (ROA): 1.07% ($11.5 mil)
    Quarterly return on assets: 0.74% ($7.9 mil)
    Return on Equity (ROE): 8.02% ($11.5 mil)
    Quarterly return on equity: 5.45% ($7.8 mil)
    Net income: $11.6 mil
    Quarterly Net income: $2.0 mil
    Pretax return on assets: 1.38% ($14,782.6 mil)
    Quarterly Pretax return on assets: 0.94% ($10,069.3 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
  • 283Total employees (full-time equivalent)
  • $1,071,206Total assets
  • $97,877Cash and due from depository institutions
  • $65,964Interest-bearing balances
  • $136,829Securities
  • $4,001Federal funds sold & reverse repurchase agreements
  • $748,675Net loans & leases
  • $12,556Loan loss allowance
  • $0Trading account assets
  • $15,944Bank premises and fixed assets
  • $20,434Other real estate owned
  • $18,336Goodwill and other intangibles
  • $1,071,206Life insurance assets
  • $29,110All other assets
  • $926,817Total liabilities and capital
  • $880,082Total liabilities
  • $631,724Total deposits
  • $880,082Interest-bearing deposits
  • $79Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $41,908Trading liabilities
  • $0Other borrowed funds
  • $4,827Subordinated debt
  • $144,389All other liabilities
  • $144,389Total equity capital
  • $144,389Total bank equity capital
  • $0Perpetual preferred stock
  • $20Common stock
  • $44,372Surplus
  • $99,997Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $10,103Income earned, not collected on loans
  • $0Earning assets
  • $3,755Long-term assets (5+ years)
  • $955,469Average Assets, year-to-date
  • $92,809Average Assets, quarterly
  • $1,087,812Volatile liabilities
  • $1,074,603Insider loans
  • $806,646FHLB advances
  • $1,050,726Loans and leases held for sale
  • $2,581Unused loan commitments
  • $2,581Tier 1 (core) risk-based capital
  • $125,989Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $170,603Restructured Loans and leases
  • $21,715Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $48,709Total interest income
  • $5,604Total interest expense
  • $43,105Net interest income
  • $11,530Provision for loan and lease losses
  • $11,079Total noninterest income
  • $2,724Fiduciary activities
  • $4,682Service charges on deposit accounts
  • $0Trading account gains & fees
  • $3,673Additional noninterest income
  • $27,623Total noninterest expense
  • $15,445Salaries and employee benefits
  • $3,198Premises and equipment expense
  • $8,980Additional noninterest expense
  • $15,031Pre-tax net operating income
  • $0Securities gains (losses)
  • $3,403Applicable income taxes
  • $11,628Income before extraordinary items
  • $0Extraordinary gains - net
  • $11,628Net income attributable to bank
  • $0Net charge-offs
  • $11,628Cash dividends
  • $10,603Sale, conversion, retirement of capital stock, net
  • $9,700Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.04%Yield on earning assets
  • 0.58%Cost of funding earning assets
  • 4.46%Net interest margin
  • 1.15%Noninterest income to earning assets
  • 2.86%Noninterest expense to earning assets
  • 1.07%Net operating income to assets
  • 1.07%Return on assets (ROA)
  • 1.38%Pretax return on assets
  • 8.02%Return on equity (ROE)
  • 1.33%Retained earnings to average equity (YTD only)
  • 1.36%Net charge-offs to loans
  • 108.74%Credit loss provision to net charge-offs
  • 2.51%Efficiency ratio
  • 50,068Assets per employee
  • 3.79%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 83.42%Loss allowance to loans
  • 1.65%Loss allowance to noncurrent loans
  • 124.28%Noncurrent assets plus other real estate owned to assets
  • 2.85%Noncurrent loans to loans
  • 1.33%Net loans and leases to deposits
  • 85.07%Net loans and leases to core deposits
  • 91.53%Equity capital to assets
  • 13.48%Core capital (leverage) ratio
  • 11.99%Tier 1 risk-based capital ratio
  • 15.62%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $1,087,812Average earning assets
  • $145,077Average equity
  • $967,126Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $543,602Managed Assets
  • 1Number of Accounts
  • $436,236Personal trust and agency accounts
  • $163,178Employee benefit-defined contribution accounts
  • $88,263Employee benefit-defined benefit accounts
  • $8,371Other retirement accounts
  • $45,378Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $73,359Other fiduciary accounts
  • $57,687Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 929Number of Accounts
  • $0Personal trust and agency accounts
  • $45,378Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $107,366Other retirement accounts
  • $7,407Corporate trust and agency accounts
  • $19,959Other fiduciary accounts
  • $66,146Fiduciary accounts held in foreign offices

List of branches

  • 17 Arkansas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    02519The First National Bank Of Fort Smit602 Garrison Avenue, Fort Smith, AR 72901Febuary 29, 1872Full Service Brick and Mortar
    1202028Grand Avenue Branch2727 Grand Avenue, Fort Smith, AR 72901Febuary 01, 1965Full Service Brick and Mortar
    2202029Brooken Hill Branch9300 Highway 71 South, Fort Smith, AR 72903September 12, 1960Full Service Brick and Mortar
    3202030Midland Boulevard Branch2000 Midland Boulevard, Fort Smith, AR 72901Febuary 21, 1968Full Service Brick and Mortar
    4202031Central Mall Branch5201 Rogers Ave, Fort Smith, AR 72903December 15, 1969Full Service Brick and Mortar
    5202032Phoenix Branch800 Phoenix Avenue, Fort Smith, AR 72901June 03, 1974Full Service Brick and Mortar
    7202033Stonewood Branch7410 Rogers Avenue, Fort Smith, AR 72903June 16, 1980Full Service Brick and Mortar
    8202034Greenwood Branch311 East Center Street, Greenwood, AR 72936September 26, 1994Full Service Brick and Mortar
    9202035Cornerstone Branch3515 Greenwood Road, Fort Smith, AR 72903May 15, 1995Full Service Brick and Mortar
    1183Lavaca Branch400 W Main Street, Lavaca, AR 72941May 05, 1910Full Service Brick and Mortar
    12181065Barling Branch307 Fort St, Barling, AR 72923December 06, 1980Full Service Brick and Mortar
    13181067Charleston Branch225 E Main St, Charleston, AR 72933November 28, 1994Full Service Brick and Mortar
    1456223Dixieland Branch801 North Dixieland, Rogers, AR 72756November 02, 1995Full Service Brick and Mortar
    15290372Pinnacle Branch3706 Pinnacle Parkway Hill, Rogers, AR 72758August 04, 1997Full Service Brick and Mortar
    16361533Centerton Branch350 East Centerton Boulevard, Centerton, AR 72719March 28, 2001Full Service Brick and Mortar
    17461431Lowell Branch1626 Empire St, Lowell, AR 72745December 28, 2006Full Service Brick and Mortar
    18529955Chaffee Crossing Branch8225 South Zero, Fort Smith, AR 72903March 19, 2012Full Service Brick and Mortar

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