First-Lockhart National Bank

First-Lockhart National Bank is headquartered in Lockhart and is the 287^th largest bank in the state of Texas. It is also the 3,741^st largest bank in the nation. It was established in 1934 and as of September of 2011, it had grown to 45 employees at 1 location. First-Lockhart National Bank has a 5-star health rating.

Related Posts

First-Lockhart National Bank Checking Account Rates

First-Lockhart National Bank Savings Account Rates

First-Lockhart National Bank Money Market Rates

First-Lockhart National Bank CD Rates

Data for Q3 2011

Institution Statistics First-Lockhart National Bank FDIC Certificate # 13599 BankRate Report View Year Established 1934 Employees 45 Primary Regulator OCC Assets and Liabilities Assets $156.54 million Loans $108.38 million Deposits $138.77 million Equity Capital $15.44 million Loan Loss Allowance $1.77 million Unbacked Noncurrent Loans $112,000 Real Estate Owned $252,000 Historic Data - September 2010 Assets $149.40 million Equity Capital $14.34 million Loan Loss Allowance $1.40 million Unbacked Noncurrent Loans $12,000 Profit Margin - Quarterly Net Interest Margin 4.4% Return on Assets 1.71% Return on Equity 18.16% Interest Income $5.61 million

Institution Health Overall Score: 5 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-Lockhart National Bank had $364,000 in non-current loans and owned real-estate with $17.2 million in equity and loan loss allowances on hand to cover it. This gives First-Lockhart National Bank a Texas Ratio of 2.12% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for First-Lockhart National Bank held steady from 0.08% as of September 30, 2010 to 2.12% as of September 30, 2011, resulting in a negative change of 2,674.85%. This indicates that the balance sheet and financial strength for First-Lockhart National Bank has held steady in recent periods. Deposit Growth In the past year, First-Lockhart National Bank has increased its total deposits by $6.3 million, resulting in 4.75% 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-Lockhart National Bank has shown is above 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-Lockhart National Bank has $156.54 million in assets with $17.2 million in equity, resulting in a capitalization level of 10.99%, which is above average.

No reviews have been left for this bank yet. Be the first to review.