The First National Bank of Tahoka in Tahoka, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

The First National Bank of Tahoka - Overview

  • General
  • FDIC Certificate #: 5546
    Status: Active
    Federal Reserve ID: 467265
    Bank Holding Company (Regulatory Top Holder): Tahoka First Bancorp, Inc. (RSSDID: 1830473, Location: Tahoka, TX)
    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 #: 3769
    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: Yes
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: November 25, 2009
    Last Structure Change Process Date: November 25, 2009
    Last Data Update: November 25, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 1605 South First Street, Tahoka, TX 79373
    County: Lynn
    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
  • Financial Summary
  • Total assets: $71.5 mil
    Equity capital: $6.1 mil
    Deposits held in domestic offices: $65.3 mil
    Return on assets (ROA): 0.63% ($0.5 mil)
    Quarterly return on assets: 0.50% ($0.4 mil)
    Return on Equity (ROE): 6.99% ($0.4 mil)
    Quarterly return on equity: 5.71% ($0.3 mil)
    Net income: $0.4 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.63% ($450.6 mil)
    Quarterly Pretax return on assets: 0.50% ($357.6 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
  • 14Total employees (full-time equivalent)
  • $71,522Total assets
  • $30,282Cash and due from depository institutions
  • $25,743Interest-bearing balances
  • $26,281Securities
  • $1,050Federal funds sold & reverse repurchase agreements
  • $13,013Net loans & leases
  • $201Loan loss allowance
  • $0Trading account assets
  • $354Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $71,522Life insurance assets
  • $542All other assets
  • $65,443Total liabilities and capital
  • $65,333Total liabilities
  • $49,751Total deposits
  • $65,333Interest-bearing deposits
  • $82Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $110Subordinated debt
  • $6,079All other liabilities
  • $6,079Total equity capital
  • $6,079Total bank equity capital
  • $0Perpetual preferred stock
  • $400Common stock
  • $400Surplus
  • $5,279Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $317Long-term assets (5+ years)
  • $66,087Average Assets, year-to-date
  • $9,812Average Assets, quarterly
  • $67,847Volatile liabilities
  • $71,417Insider loans
  • $22,567FHLB advances
  • $72,581Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $5,806Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,042Restructured Loans and leases
  • $450Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,737Total interest income
  • $297Total interest expense
  • $1,440Net interest income
  • $0Provision for loan and lease losses
  • $236Total noninterest income
  • $0Fiduciary activities
  • $172Service charges on deposit accounts
  • $0Trading account gains & fees
  • $64Additional noninterest income
  • $1,247Total noninterest expense
  • $647Salaries and employee benefits
  • $90Premises and equipment expense
  • $510Additional noninterest expense
  • $429Pre-tax net operating income
  • $1Securities gains (losses)
  • $0Applicable income taxes
  • $430Income before extraordinary items
  • $0Extraordinary gains - net
  • $430Net income attributable to bank
  • $0Net charge-offs
  • $430Cash dividends
  • -$7Sale, conversion, retirement of capital stock, net
  • $330Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 2.82%Yield on earning assets
  • 0.48%Cost of funding earning assets
  • 2.34%Net interest margin
  • 0.38%Noninterest income to earning assets
  • 2.02%Noninterest expense to earning assets
  • 0.63%Net operating income to assets
  • 0.63%Return on assets (ROA)
  • 0.63%Pretax return on assets
  • 6.99%Return on equity (ROE)
  • 1.63%Retained earnings to average equity (YTD only)
  • -0.05%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 74,403Assets per employee
  • 5.11%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 76.74%Loss allowance to loans
  • 1.52%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 19.92%Net loans and leases to core deposits
  • 22.04%Equity capital to assets
  • 8.50%Core capital (leverage) ratio
  • 8.00%Tier 1 risk-based capital ratio
  • 25.73%Total risk-based capital ratio
  • Memoranda
  • $27Average assets
  • $67,847Average earning assets
  • $6,151Average equity
  • $61,653Average loans

List of branches

  • 1 Texas Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    03769The First National Bank Of Tahoka1605 South First Street, Tahoka, TX 79373January 01, 1907Full Service Brick and Mortar

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