First National Bank of Hereford

First National Bank of Hereford is headquartered in Hereford and is the 328^th largest bank in the state of Texas. It is also the 4,275^th largest bank in the nation. It was established in 1999 and as of September of 2011, it had grown to 31 employees at 3 locations. First National Bank of Hereford's savings rates are 92% higher than the national average, and it has a 4-star health rating.

First National Bank of Hereford Routing Number: 111324293

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Data for Q3 2011

Institution Statistics First National Bank of Hereford FDIC Certificate # 34918 BankRate Report View Year Established 1999 Employees 31 Primary Regulator OCC Assets and Liabilities Assets $127.90 million Loans $88.66 million Deposits $112.09 million Equity Capital $12.07 million Loan Loss Allowance $1.22 million Unbacked Noncurrent Loans $1.09 million Real Estate Owned $53,000 Historic Data - September 2010 Assets $114.95 million Equity Capital $11.04 million Loan Loss Allowance $1.10 million Unbacked Noncurrent Loans $757,000 Real Estate Owned $45,000 Profit Margin - Quarterly Net Interest Margin 4% Return on Assets 1.12% Return on Equity 11.98% Interest Income $3.94 million

Institution Health Overall Score: 4 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 September 30, 2011 First National Bank of Hereford had $1.14 million in non-current loans and owned real-estate with $13.29 million in equity and loan loss allowances on hand to cover it. This gives First National Bank of Hereford a Texas Ratio of 8.62% which is above average. 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 of Hereford increased slightly from 3.51% as of September 30, 2010 to 8.62% as of September 30, 2011, resulting in a negative change of 145.72%. This indicates that the balance sheet and financial strength for First National Bank of Hereford has declined slightly in recent periods. Deposit Growth In the past year, First National Bank of Hereford has increased its total deposits by $10.68 million, resulting in 10.53% 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 Hereford has shown is excellent. 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 of Hereford has $127.9 million in assets with $13.29 million in equity, resulting in a capitalization level of 10.39%, which is above average.

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