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



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The First National Bank of Jacksboro routing number info

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The First National Bank of Jacksboro
GeneralFDIC Certificate #: 3274
Status: Active
Federal Reserve ID: 597751
Bank Holding Company (Regulatory Top Holder): Highlands Bancshares, Inc. (RSSDID: 3472411, Location: Dallas, TX)
Date Established: January 01, 1890
WWW: http://www.fnbjacksboro.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: 5 (Domestic: 5, Interstate: No)
FDIC's unique #: 2115
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: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
LocationAddress: 201 South Main Street, Jacksboro, TX 76458
County: Jack
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: $512.1 mil
Equity capital: $71.2 mil
Deposits held in domestic offices: $385.0 mil
Return on assets (ROA): 0.37% ($1.9 mil)
Quarterly return on assets: 0.44% ($2.3 mil)
Return on Equity (ROE): 2.54% ($1.8 mil)
Quarterly return on equity: 3.15% ($2.2 mil)
Net income: $1.8 mil
Quarterly Net income: $0.6 mil
Pretax return on assets: 0.37% ($1,894.8 mil)
Quarterly Pretax return on assets: 0.44% ($2,253.3 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)
Total employees (full-time equivalent)82
Total assets$512,115
Cash and due from depository institutions$88,750
Interest-bearing balances$82,208
Securities$99,374
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$296,376
Loan loss allowance $4,393
Trading account assets$0
Bank premises and fixed assets$3,938
Other real estate owned$1,875
Goodwill and other intangibles$9,841
All other assets$11,961
Life insurance assets$512,115
Total liabilities and capital$440,940
Total liabilities$384,997
Total deposits$303,914
Interest-bearing deposits$384,997
Deposits held in domestic offices$80
% insured (estimated)54183.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $1,760
All other liabilities $71,175
Total equity capital$71,175
Total bank equity capital$71,175
Perpetual preferred stock$0
Common stock$300
Surplus$81,440
Undivided profits $-10,565
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $17,732
Income earned, not collected on loans $3,908
Earning assets $283
Long-term assets (5+ years) $1,882
Average Assets, year-to-date $477,958
Average Assets, quarterly $134,903
Volatile liabilities $486,928
Insider loans $509,852
FHLB advances $346,689
Loans and leases held for sale $504,458
Unused loan commitments $5,160
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $60,397
Total risk weighted assets $0
Total unused commitments $5,160
Restructured Loans and leases $54,433
Derivatives$1,500
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $20,333
Total interest expense $6,048
Net interest income $14,285
Provision for loan and lease losses $395
Total noninterest income $1,666
Fiduciary activities $0
Service charges on deposit accounts $999
Trading account gains & fees $0
Additional noninterest income $667
Total noninterest expense $13,753
Salaries and employee benefits $7,594
Premises and equipment expense $2,399
Additional noninterest expense $3,760
Pre-tax net operating income $1,803
Securities gains (losses) -$1
Applicable income taxes $24
Income before extraordinary items $1,778
Extraordinary gains - net $0
Net income attributable to bank $1,778
Net charge-offs $0
Cash dividends $1,778
Sale, conversion, retirement of capital stock, net $482
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.47%
Cost of funding earning assets 1.33%
Net interest margin 3.14%
Noninterest income to earning assets 0.37%
Noninterest expense to earning assets 3.03%
Net operating income to assets 0.37%
Return on assets (ROA) 0.37%
Pretax return on assets 0.37%
Return on equity (ROE) 2.54%
Retained earnings to average equity (YTD only) 2.54%
Net charge-offs to loans 0.17%
Credit loss provision to net charge-offs 81.95%
Efficiency ratio4.56%
Assets per employee$82,233
Cash dividends to net income (YTD only)6.25%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 1.46%
Noncurrent assets plus other real estate owned to assets 112.41%
Noncurrent loans to loans 1.13%
Net loans and leases to deposits1.30%
Net loans and leases to core deposits 76.98%
Equity capital to assets 83.24%
Core capital (leverage) ratio 13.90%
Tier 1 risk-based capital ratio 11.97%
Total risk-based capital ratio 17.42%
Memoranda
Average assets$19
Average earning assets$486,928
Average equity $70,004
Average loans $454,410
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5 Texas Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
02115The First National Bank Of Jacksboro201 South Main Street, Jacksboro, TX 76458January 01, 1890Full Service Brick and Mortar
1196256Runaway Bay Branch1055 Highway 380, Runaway Bay, TX 76426Febuary 18, 1997Full Service Brick and Mortar
3466508Highlands Bank Of Dallas Branch8411 Preston Road, Dallas, TX 75225May 11, 2007Full Service Brick and Mortar
4468010Preston Road Branch10720 Preston Road, Dallas, TX 75205August 03, 2007Full Service Brick and Mortar
5473070The Highlands Bank Of Dallas Branch5941 Forest Lane, Dallas, TX 75230January 23, 2008Full Service Brick and Mortar
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