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

Show street view No street view available for this location

The First National Bank of Quitaque routing number info

Table of contents:
The First National Bank of Quitaque
GeneralFDIC Certificate #: 3401
Status: Active
Federal Reserve ID: 644963
Bank Holding Company (Regulatory Top Holder): Quitaque National Corporation (RSSDID: 3141034, Location: Quitaque, TX)
Date Established: August 20, 1920
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 #: 2215
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Agricultural lending institution: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: No
Subchapter S Corporations: No
Asset Concentration Hierarchy: Agricultural 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: Main And First Streets, Quitaque, TX 79255
County: Briscoe
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Lubbock
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
History of ChangesChange in Geographic Region/Area/Territory/Field Office
Merge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $49.4 mil
Equity capital: $7.0 mil
Deposits held in domestic offices: $42.0 mil
Return on assets (ROA): 0.64% ($0.3 mil)
Quarterly return on assets: 0.64% ($0.3 mil)
Return on Equity (ROE): 4.35% ($0.3 mil)
Quarterly return on equity: 4.45% ($0.3 mil)
Net income: $0.3 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 0.75% ($370.4 mil)
Quarterly Pretax return on assets: 0.86% ($424.7 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)10
Total assets$49,389
Cash and due from depository institutions$19,530
Interest-bearing balances$17,943
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$15,183
Loan loss allowance $210
Trading account assets$0
Bank premises and fixed assets$115
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$2,188
Life insurance assets$49,389
Total liabilities and capital$42,409
Total liabilities$42,000
Total deposits$30,083
Interest-bearing deposits$42,000
Deposits held in domestic offices$67
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $409
All other liabilities $6,980
Total equity capital$6,980
Total bank equity capital$6,980
Perpetual preferred stock$0
Common stock$50
Undivided profits $6,780
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 $37
Earning assets $0
Long-term assets (5+ years) $351
Average Assets, year-to-date $45,499
Average Assets, quarterly $790
Volatile liabilities $47,070
Insider loans $48,622
FHLB advances $19,774
Loans and leases held for sale $49,398
Unused loan commitments $1,419
Tier 1 (core) risk-based capital $1,419
Tier 2 risk-based capital $6,877
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $5,865
Back to page top, Back to table top

Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $1,466
Total interest expense $185
Net interest income $1,281
Provision for loan and lease losses $0
Total noninterest income $372
Fiduciary activities $0
Service charges on deposit accounts $267
Trading account gains & fees $0
Additional noninterest income $105
Total noninterest expense $1,302
Salaries and employee benefits $809
Premises and equipment expense $99
Additional noninterest expense $394
Pre-tax net operating income $351
Securities gains (losses) $0
Applicable income taxes $51
Income before extraordinary items $300
Extraordinary gains - net $0
Net income attributable to bank $300
Net charge-offs $0
Cash dividends $300
Sale, conversion, retirement of capital stock, net -$3
Net operating income $100
Back to page top, Back to table top

Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets3.38%
Cost of funding earning assets 0.43%
Net interest margin 2.95%
Noninterest income to earning assets 0.86%
Noninterest expense to earning assets 3.00%
Net operating income to assets 0.64%
Return on assets (ROA) 0.64%
Pretax return on assets 0.75%
Return on equity (ROE) 4.35%
Retained earnings to average equity (YTD only) 2.90%
Net charge-offs to loans -0.02%
Credit loss provision to net charge-offs 0.00%
Efficiency ratio0.00%
Assets per employee$78,766
Cash dividends to net income (YTD only)4.94%
Condition Ratios (%)
Loss allowance to loans 33.33%
Loss allowance to noncurrent loans 1.36%
Noncurrent assets plus other real estate owned to assets 567.57%
Noncurrent loans to loans 0.07%
Net loans and leases to deposits0.24%
Net loans and leases to core deposits 36.15%
Equity capital to assets 36.15%
Core capital (leverage) ratio 14.13%
Tier 1 risk-based capital ratio 13.92%
Total risk-based capital ratio 34.78%
Average assets$36
Average earning assets$47,070
Average equity $6,897
Average loans $43,368
Back to page top, Back to table top

1 Texas Branch as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
02215The First National Bank Of QuitaqueMain And First Streets, Quitaque, TX 79255August 20, 1920Full Service Brick and Mortar
Back to page top

User Contributions:

Comment about this bank, ask questions, or add new information about it:


This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with The First National Bank of Quitaque.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.