First National Bank
Glen Rose, TX — Domestic Branch of a Domestic Bank
Acquired Dec 2004
Vitals
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Total Assets46.0M 7.3 %
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Total Deposits41.2M 8.0 %
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Total Net Loans29.2M 19.8 %
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Net Income949000.0000 14.5 %
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Book Value4.6M 0.5 %
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Book Value x29.3M 0.5 %
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Book Value x313.9M 0.5 %
Balance Sheet Highlights
| Financial Highlights | First National Bank | All Insured Commercial Banks in Texas |
| Balance Sheet $(000) | ||
| Total Assets | 45,957 | 126,638 |
| Total Net Loans | 29,202 | 71,247 |
| Total Deposits | 41,167 | 107,327 |
| Total Equity | 4,638 | 12,908 |
| Profitability | ||
| Net Income | 949 | 2,408 |
| Return on Average Assets | 2.672 | 1.306 |
| Return on Average Equity | 27.419 | 13.128 |
| Net Interest Margin | 4.896 | 4.344 |
| Efficiency Ratio | 50.66 | 68.305 |
| Noninterest Income/Revenue | 22.175 | 18.251 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 70.936 | 63.434 |
| Securities/Assets | .049 | .678 |
| Total Equity/Total Assets | .101 | .102 |
| Tangible Equity/Tangible Assets | .101 | -.028 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 4,642 | 12,178 |
| Tier 2 Capital | 369 | 828 |
| Total Capital | 5,011 | 13,021 |
| Total Risk Weighted Assets | 29,433 | 79,489 |
| Leverage Ratio | 9.66 | 10.144 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | 15.77 | 17.344 |
| Total Capital Ratio | 17.03 | 18.415 |
Timeline for First National Bank
First Financial Bank, National Association
First National Bank was acquired by First Financial Bank, National Association 19 years
View Profile Dec 01 2004
Southwestern Delaware Financial Corporation
Southwestern Delaware Financial Corporation became a new parent organization for First National Bank.
View Profile Sep 29 1995
Bank One, Texas, National Association
Bank One, Texas, National Association became a new parent organization for First National Bank.
View Profile Nov 20 1990
Freedom Bank Group, Inc.
Freedom Bank Group, Inc. became a new parent organization for First National Bank.
View Profile Jun 28 1985
Glen Rose Bancshares, Inc.
Glen Rose Bancshares, Inc. became a new parent organization for First National Bank.
View Profile Aug 04 1978
| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| First Financial Bank, National Association | Buyer | 376,131 | Acquisition | Discontinued | 12/1/2004 |
| Relationships | Role | Relationship Start | Relationship End |
| Southwestern Delaware Financial Corporation | Parent | 9/29/1995 | 11/30/2004 |
| Bank One, Texas, National Association | Parent | 11/20/1990 | 4/29/1993 |
| Freedom Bank Group, Inc. | Parent | 6/28/1985 | 11/19/1990 |
| Glen Rose Bancshares, Inc. | Parent | 8/4/1978 | 6/27/1985 |
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