Vitals
  • Total Assets
    249.5M 33.5 %
  • Total Deposits
    177.2M 7.5 %
  • Total Net Loans
    94.2M -0.6 %
  • Net Income
    724000.0000 -74.5 %
  • Book Value
    46.9M 150.5 %
  • Book Value x2
    93.7M 150.5 %
  • Book Value x3
    140.6M 150.5 %
ROAA

1.015

ROAE

7.217

Efficiency Ratio

75.639

Net Interest Margin

4.824

Balance Sheet Highlights
Financial Highlights First Bank All Insured Commercial Banks in Texas
Balance Sheet $(000)
Total Assets 249,466 188,712
Total Net Loans 94,187 114,778
Total Deposits 177,203 156,850
Total Equity 46,852 19,296
Profitability
Net Income 724 4,937
Return on Average Assets 1.015 1.275
Return on Average Equity 7.217 12.613
Net Interest Margin 4.824 4.235
Efficiency Ratio 75.639 70.933
Noninterest Income/Revenue 17.334 13.368
Balance Sheet Ratios
Loan-to-Deposit 53.152 67.802
Securities/Assets .389 .711
Total Equity/Total Assets .188 .102
Tangible Equity/Tangible Assets .069 -.084
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 16,872 17,427
Tier 2 Capital 1,264 1,326
Total Capital 18,136 18,727
Total Risk Weighted Assets 147,671 127,013
Leverage Ratio 7.59 9.941
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 11.43 16.134
Total Capital Ratio 12.28 17.133

Timeline for First Bank

Pinnacle Bank

First Bank was acquired by Pinnacle Bank 15 years

View Profile Feb 21 2009

Wood Financial Group, Inc.

Wood Financial Group, Inc. became a new parent organization for First Bank.

View Profile Jan 01 1999

First Azle Bancshares, Inc.

First Azle Bancshares, Inc. became a new parent organization for First Bank.

View Profile Sep 15 1987

First Bank

First Bank was established 42 years ago and is currently headquartered in Azle, TX.

Oct 26 1981

Weatherford Bancshares, Inc.

Weatherford Bancshares, Inc. became a new parent organization for First Bank.

View Profile Oct 26 1981
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Pinnacle Bank Buyer 729,016 Pooling of Interests Discontinued 2/21/2009
Relationships Role Relationship Start Relationship End
Wood Financial Group, Inc. Parent 1/1/1999 2/20/2009
First Azle Bancshares, Inc. Parent 9/15/1987 12/31/1998
Weatherford Bancshares, Inc. Parent 10/26/1981 9/14/1987
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