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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 73rd largest bank in the state of Texas. It is also the 947th largest bank in the nation. It was established in 1997 and as of March of 2014, it had grown to 78 employees at 1 location. First Command Bank has a A health rating.

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Health

Data for Q1 2014

Institution Health

A

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 First Command Bank had $1.26 million in non-current loans and owned real-estate with $56.3 million in equity and loan loss allowances on hand to cover it. This gives First Command Bank a Texas Ratio of 2.24% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for First Command Bank experienced no significant changes from 1.64% as of March 31, 2013 to 2.24% as of March 31, 2014, resulting in a negative change of 36.47%. This indicates that the balance sheet and financial strength for First Command Bank has had no significant changes in recent periods.

Deposit Growth

GRADE:
A+

In the past year, First Command Bank has increased its total deposits by $60.32 million, resulting in 10.42% 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 excellent.

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 $718.08 million in assets with $56.3 million in equity, resulting in a capitalization level of 7.84%, which is below average.

Institution Statistics

Overall
FDIC Certificate #34415
Year Established1997
Employees78
Primary RegulatorOCC
Assets and Liabilities
Assets$718.08 million
Loans$264.06 million
Deposits$639.19 million
Equity Capital$53.55 million
Loan Loss Allowance$2.76 million
Unbacked Noncurrent Loans$1.26 million
Real Estate Owned$0
Historic Data - March 2013
Assets$647.99 million
Equity Capital$53.55 million
Loan Loss Allowance$3.35 million
Unbacked Noncurrent Loans$1.26 million
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin2.68%
Return on Assets1.43%
Return on Equity19.09%
Interest Income$4.84 million
Rates

Always verify rates and promotions with the bank or credit union. We are not First Command Bank, we are a rate comparison website and can not provide official rates or promotions.

First Command Bank Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.20%$10k-Traditional IRA Money Market Savings Account
0.20%$10k-Roth IRA Money Market Savings Account

First Command Bank Money Market Rates

DetailsAPYMINMAXPRODUCT
0.20%$10k-Money Market Savings

First Command Bank Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.02%$1k-Command Checking Account

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


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