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Overview / Commentary
1 First Com Plaza
Fort Worth, TX 76109

First Command Bank is headquartered in Fort Worth and is the 76th largest bank in the state of Texas. It is also the 985th largest bank in the nation. It was established in 1997 and as of December of 2013, it had grown to 85 employees at 1 location. First Command Bank has a B+ health rating.

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Health

Data for Q4 2013

Institution Health

B+

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 First Command Bank had $554,000 in non-current loans and owned real-estate with $53.92 million in equity and loan loss allowances on hand to cover it. This gives First Command Bank a Texas Ratio of 1.03% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A

The Texas Ratio for First Command Bank decreased dramatically from 1.68% as of December 31, 2012 to 1.03% as of December 31, 2013, resulting in a positive change of 38.76%.This indicates that the balance sheet and financial strength for First Command Bank has improved dramatically in recent periods.

Deposit Growth

GRADE:
B+

In the past year, First Command Bank has increased its total deposits by $6.97 million, resulting in 1.13% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth First Command Bank has shown is above average.

Capitalization

GRADE:
C-

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. First Command Bank has $681.33 million in assets with $53.92 million in equity, resulting in a capitalization level of 7.91%, which is below average.

Institution Statistics

Overall
FDIC Certificate #34415
Year Established1997
Employees85
Primary RegulatorOCC
Assets and Liabilities
Assets$681.33 million
Loans$268.46 million
Deposits$623.48 million
Equity Capital$50.95 million
Loan Loss Allowance$2.97 million
Unbacked Noncurrent Loans$554,000
Real Estate Owned$0
Historic Data - December 2012
Assets$676.27 million
Equity Capital$51.59 million
Loan Loss Allowance$3.07 million
Unbacked Noncurrent Loans$554,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin2.8%
Return on Assets1.62%
Return on Equity19.83%
Interest Income$19.33 million
Rates
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First Command Bank Money Market Rates

DetailsAPYMINMAXPRODUCT
0.20%$10k-Money Market

First Command Bank Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.02%$1k-Checking

First Command Bank CD Rates

DetailsAPYMINMAXPRODUCT
1.15%$100k-5 Year CD
1.00%$100k-3 Year CD
1.00%$100k-4 Year CD
0.90%$100k-2 Year CD
0.85%$100k-18 Month CD
0.80%$100k-1 Year CD
0.65%$100k-182 Day CD
0.35%$100k-90 Day CD
0.25%$1k-30 Day CD

First Command Bank IRA Rates

DetailsAPYMINMAXPRODUCT
1.15%$100k-5 Year IRA
1.00%$100k-3 Year IRA
1.00%$100k-4 Year IRA
0.90%$100k-2 Year IRA
0.85%$100k-18 Month IRA
0.80%$100k-1 Year IRA
0.65%$100k-182 Day IRA
0.35%$100k-90 Day IRA
0.25%$1k-30 Day IRA
Locations


First Command Bank Locations
First Command Bank1 Firstcomm PlazaFort Worth, TX 76109