First National Bank
Lubbock, TX — Domestic Branch of a Domestic Bank
Acquired Feb 2005
Vitals
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Total Assets31.5M -19.7 %
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Total Deposits29.5M -17.7 %
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Total Net Loans19.1M -25.9 %
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Net Income
-
Book Value1.7M -47.2 %
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Book Value x23.4M -47.2 %
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Book Value x35.1M -47.2 %
Balance Sheet Highlights
Financial Highlights | First National Bank | All Insured Commercial Banks in Texas |
Balance Sheet $(000) | ||
Total Assets | 31,479 | 130,272 |
Total Net Loans | 19,134 | 73,469 |
Total Deposits | 29,501 | 110,656 |
Total Equity | 1,697 | 13,013 |
Profitability | ||
Net Income | — | 3,201 |
Return on Average Assets | — | 1.258 |
Return on Average Equity | — | 12.687 |
Net Interest Margin | 3.136 | 4.362 |
Efficiency Ratio | 262.769 | 69.184 |
Noninterest Income/Revenue | 17.614 | |
Balance Sheet Ratios | ||
Loan-to-Deposit | 64.859 | 62.789 |
Securities/Assets | .189 | .676 |
Total Equity/Total Assets | .054 | .1 |
Tangible Equity/Tangible Assets | .054 | -.035 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 303 | 12,292 |
Tier 2 Capital | 284 | 849 |
Total Capital | 587 | 13,155 |
Total Risk Weighted Assets | 21,810 | 82,054 |
Leverage Ratio | .95 | 9.979 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 1.39 | 17.12 |
Total Capital Ratio | 2.69 | 18.185 |
Timeline for First National Bank
Western Financial Of Texas, Inc.
Western Financial Of Texas, Inc. became a new parent organization for First National Bank.
View Profile Nov 07 2003First Haskell Bancorp, Inc.
First Haskell Bancorp, Inc. became a new parent organization for First National Bank.
View Profile Jan 03 1994First National Bank
First National Bank was established 39 years ago and is currently headquartered in Lubbock, TX.
Jan 22 1985Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Western Bank | Buyer | 208,850 | Pooling of Interests | Discontinued | 2/12/2005 |
Relationships | Role | Relationship Start | Relationship End |
Western Financial Of Texas, Inc. | Parent | 11/7/2003 | 2/11/2005 |
First Haskell Bancorp, Inc. | Parent | 1/3/1994 | 11/6/2003 |
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