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



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The First National Bank of Lipan routing number info

Table of contents:
The First National Bank of Lipan
GeneralFDIC Certificate #: 3303
Status: Active
Federal Reserve ID: 811457
Date Established: January 01, 1907
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 #: 2139
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: All Other Specialization < 1 Billion
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: June 01, 2010
Last Structure Change Process Date: June 01, 2010
Last Data Update: June 01, 2010
Data Source Date: April 05, 2012
LocationAddress: 101 East Lipan Drive, Lipan, TX 76462
County: Hood
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): Fort Worth-Arlington, TX (#2800)
Consolidated Metropolitan Statistical Area (CMSA): Dallas-Fort Worth, TX (#31)
Combined Statistical Area (CSA): Dallas-Fort Worth, TX (#206)
Core Based Statistical Area (CBSA): Granbury, TX (#24180)
CBSA Micro Statistical Area: Yes
History of ChangesChange in Location
Financial SummaryTotal assets: $17.5 mil
Equity capital: $1.6 mil
Deposits held in domestic offices: $15.9 mil
Return on assets (ROA): 0.25% ($0.0 mil)
Quarterly return on assets: 0.09% ($0.0 mil)
Return on Equity (ROE): 2.73% ($0.1 mil)
Quarterly return on equity: 1.01% ($0.0 mil)
Net income: $0.0 mil
Quarterly Net income: $0.0 mil
Pretax return on assets: 0.25% ($43.7 mil)
Quarterly Pretax return on assets: 0.07% ($12.2 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)8
Total assets$17,481
Cash and due from depository institutions$3,266
Interest-bearing balances$0
Securities$1,500
Federal funds sold & reverse repurchase agreements$4,110
Net loans & leases$8,302
Loan loss allowance $90
Trading account assets$0
Bank premises and fixed assets$88
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$215
Life insurance assets$17,481
Total liabilities and capital$15,890
Total liabilities$15,859
Total deposits$9,223
Interest-bearing deposits$15,859
Deposits held in domestic offices$93
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $31
All other liabilities $1,591
Total equity capital$1,591
Total bank equity capital$1,591
Perpetual preferred stock$0
Common stock$25
Surplus$425
Undivided profits $1,141
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 $2
Earning assets $0
Long-term assets (5+ years) $47
Average Assets, year-to-date $13,912
Average Assets, quarterly $1,037
Volatile liabilities $17,109
Insider loans $17,342
FHLB advances $9,109
Loans and leases held for sale $17,237
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $1,591
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $76
Derivatives$357
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $668
Total interest expense $79
Net interest income $589
Provision for loan and lease losses $0
Total noninterest income $122
Fiduciary activities $0
Service charges on deposit accounts $23
Trading account gains & fees $0
Additional noninterest income $99
Total noninterest expense $668
Salaries and employee benefits $339
Premises and equipment expense $66
Additional noninterest expense $263
Pre-tax net operating income $43
Securities gains (losses) $0
Applicable income taxes $0
Income before extraordinary items $43
Extraordinary gains - net $0
Net income attributable to bank $43
Net charge-offs $0
Cash dividends $43
Sale, conversion, retirement of capital stock, net $28
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 assets4.71%
Cost of funding earning assets 0.56%
Net interest margin 4.15%
Noninterest income to earning assets 0.86%
Noninterest expense to earning assets 4.71%
Net operating income to assets 0.25%
Return on assets (ROA) 0.25%
Pretax return on assets 0.25%
Return on equity (ROE) 2.73%
Retained earnings to average equity (YTD only) 2.73%
Net charge-offs to loans 0.33%
Credit loss provision to net charge-offs 0.00%
Efficiency ratio1.54%
Assets per employee$93,952
Cash dividends to net income (YTD only)2.19%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 1.07%
Noncurrent assets plus other real estate owned to assets 4500.00%
Noncurrent loans to loans 0.01%
Net loans and leases to deposits0.02%
Net loans and leases to core deposits 52.35%
Equity capital to assets 54.46%
Core capital (leverage) ratio 9.10%
Tier 1 risk-based capital ratio 9.23%
Total risk-based capital ratio 17.47%
Memoranda
Average assets$18
Average earning assets$17,109
Average equity $1,577
Average loans $14,197
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1 Texas Branch as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
02139The First National Bank Of Lipan101 East Lipan Drive, Lipan, TX 76462January 01, 1907Full Service Brick and Mortar
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