The First National Bank of Bastrop
The First National Bank of Bastrop is headquartered in Bastrop and is the 97th largest bank in the state of Texas. It is also the 1,032nd largest bank in the nation. It was established in 1889 and as of March of 2022, it had grown to 129 employees at 6 locations. The First National Bank of Bastrop has an A health rating.
Unfortunate Service
I would recommend if you ever have to do business with this bank that you utilize a tape recorder and get written confirmation for every document (legal) you leave with them. I will never again do business with this bank and would not recommend it. Also be expected to be treated like dirt in the Smithville location (with the exception of the tellers). My difficulty was with attempting to make a deposit as executor of an estate. I was told one thing in person and then when out of the area declined service. It is just not worth it.
Data as of Q1 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 3091 |
| Year Established | 1889 |
| Employees | 129 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.69% |
| Return on Equity - YTD | 18.96% |
| Annual Interest Income | $7.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2022vs Q1 2021 | $953.4MM$801.6MM |
| Loans | Q1 2022vs Q1 2021 | $416.8MM$384.6MM |
| Deposits | Q1 2022vs Q1 2021 | $864.4MM$722.7MM |
| Equity Capital | Q1 2022vs Q1 2021 | $86.0MM$75.7MM |
| Loan Loss Allowance | Q1 2022vs Q1 2021 | $6.8MM$6.9MM |
| Unbacked Noncurrent Loans | Q1 2022vs Q1 2021 | $4.0MM$5.7MM |
| Real Estate Owned | Q1 2022vs Q1 2021 | $0$0 |