First National Bank of East Texas is headquartered in Gilmer and is the 167th largest bank in the state of Texas. It is also the 1,870th largest bank in the nation. It was established in 1900 and as of September of 2020, it had grown to 113 employees at 10 locations. First National Bank of East Texas has an A health rating.
This bank has the worst customer service ever. They will not work with you at all. They don't tell you that they don't do their withdraws in the order in which they happen. Instead they take the largest deduction first. So if you do have any smaller ones afterwards they can stick you with 3 or 4 insufficient funds charges verses one. Then when you call and question their accounting after 4 bank employees can't tell you why they have done the withdraws in the order they were done you get to speak to bookkeeping. Bookkeeping is then very short and rude telling you they have done this since 1985. I have never had any bank tell me to balance my check book out of order. They don't offer any overdraft but believe me their goal in banking is to determine how they can collect more of your money for themselves. They also allow your account to be charged insufficient funds due to monthly charges which most banks don't even have. As soon as my last direct deposit hits I am closing my account and looking for a bank that at least is friendly and knowledgeable when I have a problem. This is definitely not the bank for customers service.
Overall | |
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FDIC Certificate # | 3218 |
Year Established | 1900 |
Employees | 113 |
Primary Regulator | OCC |
Profit Margin | |
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Return on Assets - YTD | 1.18% |
Return on Equity - YTD | 10.33% |
Annual Interest Income | $13.8MM |
Assets and Liabilities | ||
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Assets | Q3 2020vs Q3 2019 | $417.1MM$415.0MM |
Loans | Q3 2020vs Q3 2019 | $258.2MM$251.0MM |
Deposits | Q3 2020vs Q3 2019 | $360.6MM$362.4MM |
Equity Capital | Q3 2020vs Q3 2019 | $53.9MM$50.1MM |
Loan Loss Allowance | Q3 2020vs Q3 2019 | $3.8MM$3.3MM |
Unbacked Noncurrent Loans | Q3 2020vs Q3 2019 | $3.1MM$4.0MM |
Real Estate Owned | Q3 2020vs Q3 2019 | $647.00K$113.00K |
Sorry, we do not have rate data for First National Bank of East Texas.
Big Sandy Branches | ||
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Big Sandy Branch | 910 West Broadway | Big Sandy, TX 75755 |
Diana Branches | ||
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Diana Branch | West U.S. Highway 259 | Diana, TX 75640 |
Emory Branches | ||
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Lake Country Branch | 1947 Fm 2946 | Emory, TX 75440 |
Gilmer Branches | ||
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Wal-Mart Super Center Branch | 1923 North Wood Street On Highway 271 | Gilmer, TX 75644 |
The First National Bank Of Gilmer | 206 Us Highway 271 N | Gilmer, TX 75644 |
Mineola Branches | ||
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Mineola Branch | 100 Northwest Loop 564 | Mineola, TX 75773 |
Mount Vernon Branches | ||
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Mount Vernon Branch | 824 Highway 37 South | Mount Vernon, TX 75457 |
Ore City Branches | ||
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Security State Bank Branch | 220 East Main Street | Ore City, TX 75683 |
Pittsburg Branches | ||
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Fnb Pittsburg Branch | 1896 Us Highway 271 N | Pittsburg, TX 75686 |
Quitman Branches | ||
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Wood County National Bank Branch | 417 South Main | Quitman, TX 75783 |