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



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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
WWW: http://www.fnbquitaque.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: 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
Securities$12,373
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
Surplus$150
Undivided profits $6,780
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 $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
Derivatives$2
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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
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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%
Memoranda
Average assets$36
Average earning assets$47,070
Average equity $6,897
Average loans $43,368
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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
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