The First National Bank Of Albany Mortgage Rates, Fees & Info
Albany, TX
LEI: 549300L34FQYD6PROV86
Tax ID: 75-0105467
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Mortgage Data
Bank Data
Review & Overview
The First National Bank Of Albany is a smaller bank specializing in
various types of mortgages.
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Originations
0
Origination Dollar Volume (All Markets)
$0
Employee count
76
Bank Details
Branches
| Bank Name |
Branch |
Branch Type |
Deposits (000's) |
| The First National Bank of Albany |
100 South Main Street Albany, TX 76430 |
Full Service B&M
|
$164,999 |
| The First National Bank of Albany |
101 East Walker Street Breckenridge, TX 76424 |
Full Service B&M
|
$170,375 |
| The First National Bank of Albany |
104 South Main Street Gordon, TX 76453 |
Full Service B&M
|
$18,340 |
| The First National Bank of Albany |
123 Central Strawn, TX 76475 |
Full Service B&M
|
$12,662 |
| The First National Bank of Albany |
1500 Industrial Blvd, Suite 102 Abilene, TX 79602 |
Full Service B&M
|
$141,905 |
For 2019, The First National Bank Of Albany had 5 branches.
Yearly Performance Overview
Bank Income
The First National Bank Of Albany's gross interest income from loans was $30,427,000.
The First National Bank Of Albany's net interest income from loans was $24,510,000.
The First National Bank Of Albany's fee based income from loans was $688,000.
The First National Bank Of Albany's net income from loans was $11,590,000.
Bank Expenses
| Item |
Value (in 000's) |
| Total interest expense |
$5,917 |
| Provision for credit losses |
$3,000 |
| Total noninterest expense |
$11,685 |
| Salaries and employee benefits |
$6,693 |
| Premises and equipment expense |
$1,133 |
| Additional noninterest expense |
$3,859 |
| Applicable income taxes |
$0 |
| Net charge-offs |
$1,548 |
| Cash dividends |
$6,596 |
The First National Bank Of Albany's interest expense for loans was $5,917,000.
The First National Bank Of Albany's payroll and benefits expense were $6,693,000.
The First National Bank Of Albany's property, plant and equipment expenses $1,133,000.
Deposits
| Type |
Value (in 000's) |
| Total deposits |
$485,402 |
| Deposits held in domestic offices |
$485,402 |
| Deposits by Individuals, partnerships, and corporations |
$458,685 |
| Deposits by U.S. Government |
$0 |
| Deposits by States and political subdivisions in the U.S. |
$26,442 |
| Deposits by Commercial banks and other depository institutions in U.S. |
$275 |
| Deposits by Banks in foreign countries |
$0 |
| Deposits by Foreign governments and official institutions |
$0 |
| Transaction accounts |
$44,655 |
| Demand deposits |
$35,762 |
| Nontransaction accounts |
$440,747 |
| Money market deposit accounts (MMDAs) |
$76,662 |
| Other savings deposits (excluding MMDAs) |
$182,317 |
| Total time deposits |
$181,767 |
| Total time and savings deposits |
$449,640 |
| Noninterest-bearing deposits |
$138,944 |
| Interest-bearing deposits |
$346,458 |
| Retail deposits |
$358,458 |
| IRAs and Keogh plan accounts |
$11,888 |
| Brokered deposits |
$68,004 |
| Deposits held in foreign offices |
$0 |
Assets
| Asset |
Value (in 000's) |
| Total Assets |
$566,971 |
| Cash & Balances due from depository institutions |
$49,099 |
| Interest-bearing balances |
$42,335 |
| Total securities |
$110,723 |
| Federal funds sold & reverse repurchase |
$2,000 |
| Net loans and leases |
$393,937 |
| Loan and leases loss allowance |
$7,668 |
| Trading account assets |
$0 |
| Bank premises and fixed assets |
$2,725 |
| Other real estate owned |
$0 |
| Goodwill and other intangibles |
$0 |
| All other assets |
$8,487 |
Liabilities
| Liabilities |
Value (in 000's) |
| Total liabilities and capital |
$566,972 |
| Total Liabilities |
$495,273 |
| Total deposits |
$485,402 |
| Interest-bearing deposits |
$346,458 |
| Deposits held in domestic offices |
$485,402 |
| % insured (estimated) |
$68 |
| Federal funds purchased and repurchase agreements |
$1,333 |
| Trading liabilities |
$0 |
| Other borrowed funds |
$5,000 |
| Subordinated debt |
$0 |
| All other liabilities |
$3,538 |
Issued Loan Types
| Type |
Value (in 000's) |
| Net loans and leases |
$393,937 |
| Loan and leases loss allowance |
$7,668 |
| Total loans and leases (domestic) |
$401,605 |
| All real estate loans |
$247,950 |
| Real estate loans in domestic offices |
$247,950 |
| Construction and development loans |
$15,773 |
| Residential 1-4 family construction |
$8,672 |
| Other construction, all land development and other land |
$7,101 |
| Loans secured by nonfarm nonresidential properties |
$149,689 |
| Nonfarm nonresidential secured by owner-occupied properties |
$75,244 |
| Commercial real estate & other non-farm, non-residential |
$74,445 |
| Multifamily residential real estate |
$2,139 |
| 1-4 family residential loans |
$57,028 |
| Farmland loans |
$23,321 |
| Loans held in foreign offices |
$0 |
| Farm loans |
$12,530 |
| Commercial and industrial loans |
$124,139 |
| To non-U.S. addressees |
$0 |
| Loans to individuals |
$14,138 |
| Credit card loans |
$0 |
| Related Plans |
$0 |
| Consumer Auto Loans |
$5,528 |
| Other loans to individuals |
$8,610 |
| All other loans & leases |
$2,848 |
| Loans to foreign governments and official institutions |
$0 |
| Other loans |
$21 |
| Loans to depository institutions and acceptances of other banks |
$0 |
| Loans not secured by real estate |
$0 |
| Loans secured by real estate to non-U.S. addressees |
$0 |
| Restructured Loans & leases |
$638 |
| Non 1-4 family restructured loans & leases |
$638 |
| Total loans and leases (foreign) |
$0 |
The First National Bank of Albany had $393,937,000 of loans outstanding in 2019. $247,950,000 of loans were in real estate loans.
$15,773,000 of loans were in development loans. $2,139,000 of loans were in multifamily mortgage loans.
$57,028,000 of loans were in 1-4 family mortgage loans. $12,530,000 of loans were in farm loans. $0
of loans were in credit card loans. $5,528,000 of loans were in the auto loan category.
Small Business Loans
| Categorization |
# of Loans in Category |
$ amount of loans (in 000's) |
Average $/loan |
| Nonfarm, nonresidential loans - <$1MM |
362 |
$49,056 |
$135,514 |
| Nonfarm, nonresidential loans - <$100k |
168 |
$5,761 |
$34,292 |
| Nonfarm, nonresidential loans - $100-250k |
114 |
$14,398 |
$126,298 |
| Nonfarm, nonresidential loans - $250k-1MM |
80 |
$28,897 |
$361,213 |
| Commercial & Industrial, US addressed loans - <$1MM |
1,120 |
$52,330 |
$46,723 |
| Commercial & Industrial, US addressed loans - <$100k |
954 |
$16,997 |
$17,817 |
| Commercial & Industrial, US addressed loans - $100-250k |
95 |
$10,047 |
$105,758 |
| Commercial & Industrial, US addressed loans - $250k-1MM |
71 |
$25,286 |
$356,141 |
| Farmland loans - <$1MM |
59 |
$6,753 |
$114,458 |
| Farmland loans - <$100k |
31 |
$875 |
$28,226 |
| Farmland loans - $100-250k |
14 |
$1,794 |
$128,143 |
| Farmland loans - $250k-1MM |
14 |
$4,084 |
$291,714 |
| Agriculture operations loans - <$1MM |
304 |
$8,646 |
$28,441 |
| Agriculture operations loans - <$100k |
268 |
$4,329 |
$16,153 |
| Agriculture operations loans - $100-250k |
26 |
$2,621 |
$100,808 |
| Agriculture operations loans - $250k-1MM |
10 |
$1,696 |
$169,600 |