First National Bank (Edinburg)

First National Bank (Edinburg) Locations

100 West Cano Street
Edinburg, TX 78539
(956)380-8500
www.webfnb.com

FDIC

OverView
Rates
Health
Reviews

First National Bank (Edinburg) is headquartered in Edinburg and is the 15^st largest bank in the state of Texas. It is also the 227^th largest bank in the nation. It was established in 1934 and as of December of 2012, it had grown to 777 employees at 58 locations. First National Bank (Edinburg) has a 1-star health rating.

Competitive Long-Term CD Rates at First National Bank in Texas - Local Only - 1/25/2011

First National Bank is offering two very competitive long-term CD rates: 2.75% APY for 5 years and 2.37% APY for 4 years. Minimum deposit is $1,000. The Jumbo CD rates for a $100K minimum are 2.86% AP ...

2.78% 24-Month CD & 2.18% 12-Month CD at First National Bank in Texas - Local Only - 11/24/2009

Update 12/18/09: The CD rates have fallen. According to the CSR, the new APYs are 1.58% for 12 months, 2.20% for 24 months, 2.51% for 36 months and 3.27% for 60 months. Please check with the bank for the latest rates.First National Bank continues to...

2.43% 18-Month CD & 2.78% 24-Month CD at First National Bank in Texas - Local Only - 10/20/2009

First National Bank is offering three competitive CD rates: 2.20% APY for 13 months, 2.43% APY for 18 months and 2.78% APY for 24 months. Minimum deposit is $1,000. Higher rates are available for a $100,000 minimum. These include a 2.25% APY for 13...

2.85% 25-Month CD at First National Bank in Texas - Local Only - 7/30/2009

First National Bank is offering a competitive 25-month CD special with a top rate of 2.85% APY. This requires a $100,000 minimum deposit. A lower rate of 2.78% APY is available for a $1,000 minimum deposit. This isn't listed at the bank's website. A...

2009

4/22 - 2.86% 15-Month CD at First National Bank in Colorado - Local Only

2006

10/10 - 4.01% Checking Account at Classic Bank in Texas

Report an Issue

See Rates for: Checking | Savings | Money Market

First National Bank (Edinburg) Checking Account Rates

Apy	Min	Max	Product
0.12%^†	$10k	-	Personal Interest Checking
0.12%^†	$10k	-	Business Interest Checking

First National Bank (Edinburg) Savings Account Rates

Apy	Min	Max	Product
0.40%^†	$10k	-	Personal Savings
0.40%^†	$10k	-	Add-on Personal Savings

First National Bank (Edinburg) Money Market Rates

	Apy	Min	Max	Product
	0.60%^†	$500k	-	Personal Money Market

Rates updated: 5/18/2013

Data for Q4 2012

Institution Statistics

First National Bank
FDIC Certificate #	14318
BankRate Report	View
Year Established	1934
Employees	777
Primary Regulator	OCC
Assets and Liabilities
Assets	$3.29 billion
Loans	$1.93 billion
Deposits	$2.51 billion
Equity Capital	$202.25 million
Loan Loss Allowance	$89.70 million
Unbacked Noncurrent Loans	$383.66 million
Real Estate Owned	$244.97 million
Historic Data - December 2011
Assets	$3.52 billion
Equity Capital	$327.70 million
Loan Loss Allowance	$78.77 million
Unbacked Noncurrent Loans	$385.22 million
Real Estate Owned	$281.45 million
Profit Margin - Quarterly
Net Interest Margin	3.24%
Return on Assets	-3.63%
Return on Equity	-45.87%
Interest Income	$135.44 million

Institution Health

Overall Score:

1 out of 5

Texas Ratio
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, 2012 First National Bank (Edinburg) had $628.62 million in non-current loans and owned real-estate with $291.94 million in equity and loan loss allowances on hand to cover it. This gives First National Bank (Edinburg) a Texas Ratio of 215.32% which is poor. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for First National Bank (Edinburg) increased slightly from 164.02% as of December 31, 2011 to 215.32% as of December 31, 2012, resulting in a negative change of 31.28%. This indicates that the balance sheet and financial strength for First National Bank (Edinburg) has declined slightly in recent periods.
Deposit Growth
In the past year, First National Bank (Edinburg) has decreased its total deposits by -$93.25 million, resulting in -3.59% 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 National Bank (Edinburg) has shown is below average.
Capitalization
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 National Bank (Edinburg) has $3.29 billion in assets with $291.94 million in equity, resulting in a capitalization level of 8.88%, which is average.