First Independent National Bank
Plano, TX — Domestic Branch of a Domestic Bank
Acquired May 2006
Vitals
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Total Assets70.0M 1.0 %
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Total Deposits56.6M -6.6 %
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Total Net Loans62.1M -0.5 %
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Net Income98000.0000 157.9 %
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Book Value8.1M 5.0 %
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Book Value x216.1M 5.0 %
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Book Value x324.2M 5.0 %
Balance Sheet Highlights
Financial Highlights | First Independent National Bank | All Insured Commercial Banks in Texas |
Balance Sheet $(000) | ||
Total Assets | 70,040 | 148,902 |
Total Net Loans | 62,100 | 83,089 |
Total Deposits | 56,642 | 127,813 |
Total Equity | 8,056 | 14,479 |
Profitability | ||
Net Income | 98 | 979 |
Return on Average Assets | .557 | 1.435 |
Return on Average Equity | 4.896 | 14.776 |
Net Interest Margin | 5.33 | 4.513 |
Efficiency Ratio | 83.185 | 65.978 |
Noninterest Income/Revenue | 1.753 | 14.259 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 109.636 | 61.069 |
Securities/Assets | .003 | .661 |
Total Equity/Total Assets | .115 | .097 |
Tangible Equity/Tangible Assets | .115 | -.165 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 8,056 | 13,904 |
Tier 2 Capital | 642 | 968 |
Total Capital | 8,698 | 14,891 |
Total Risk Weighted Assets | 51,170 | 94,205 |
Leverage Ratio | 11.45 | 10.004 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 15.74 | 17.048 |
Total Capital Ratio | 17 | 18.092 |
Timeline for First Independent National Bank
First Bank
First Independent National Bank was acquired by First Bank 18 years
View Profile May 17 2006First Independent National Bank
First Independent National Bank was established 25 years ago and is currently headquartered in Plano, TX.
Sep 03 1998Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
First Bank | Buyer | 6,128,871 | Acquisition | Discontinued | 5/17/2006 |
Relationships | Role | Relationship Start | Relationship End |
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