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First National Bank of Burleson

First National Bank of Burleson
Overview / Commentary
899 Northeast Alsbury And I-35
Burleson, TX 76028

First National Bank of Burleson is headquartered in Burleson and is the 271st largest bank in the state of Texas. It is also the 3,321st largest bank in the nation. It was established in 1981 and as of March of 2014, it had grown to 35 employees at 2 locations. First National Bank of Burleson 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 National Bank of Burleson had $938,000 in non-current loans and owned real-estate with $17.24 million in equity and loan loss allowances on hand to cover it. This gives First National Bank of Burleson a Texas Ratio of 5.44% 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 National Bank of Burleson decreased dramatically from 8.89% as of March 31, 2013 to 5.44% as of March 31, 2014, resulting in a positive change of 38.83%.This indicates that the balance sheet and financial strength for First National Bank of Burleson has improved dramatically in recent periods.

Deposit Growth

GRADE:
B

In the past year, First National Bank of Burleson has increased its total deposits by $927,000, resulting in 0.59% 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 of Burleson has shown is above average.

Capitalization

GRADE:
B

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 of Burleson has $176.1 million in assets with $17.24 million in equity, resulting in a capitalization level of 9.79%, which is above average.

Institution Statistics

Overall
FDIC Certificate #23430
Year Established1981
Employees35
Primary RegulatorOCC
Assets and Liabilities
Assets$176.10 million
Loans$74.02 million
Deposits$159.03 million
Equity Capital$16.68 million
Loan Loss Allowance$561,000
Unbacked Noncurrent Loans$1,000
Real Estate Owned$937,000
Historic Data - March 2013
Assets$174.95 million
Equity Capital$16.48 million
Loan Loss Allowance$486,000
Unbacked Noncurrent Loans$1,000
Real Estate Owned$1.37 million
Profit Margin - Quarterly
Net Interest Margin3.25%
Return on Assets2.77%
Return on Equity30.6%
Interest Income$1.42 million
Rates

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Locations


First National Bank of Burleson Locations
Burleson Branch740 S. W. WilshireBurleson, TX 76028
First National Bank Of Burleson899 Northeast Alsbury and I-35Burleson, TX 76028