FirstCapital Bank of Texas, National Association
Our records indicate that this bank has been acquired by Prosperity Bank.
Headquarters
310 W Wall St
Midland, TX 79701
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2024 Overview
General Bank Information
FirstCapital Bank of Texas, National Association is an FDIC insured institution located in Midland, TX. It was founded in 1998 and has approximately $2.14 billion in assets. Customers can open an account at one of its 10 branches.
| FDIC Insured | Yes |
| FDIC Certificate | # 35028 |
| Date Established | 1998 |
| Assets | $ 2.16 billion |
| Loans | $ 1,629.07 million |
| Deposits | $ 1,719.52 million |
| Capital | $ 278.89 million |
For a more detailed analysis of FirstCapital Bank of Texas, National Association's financial condition and a description of what these numbers mean, please visit the Financial Details section.
Deposit Rates - April 19, 2024
Your Current Location: Ohio, OH 43085
Loan Rates - April 19, 2024
Your Current Location: Ohio, OH 43085
There are currently no loan rates available for FirstCapital Bank of Texas, National Association
Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:
Featured - Ohio 30 Year Fixed Mortgage Rates 2024
| Lender | APR | Rate (%) | Monthly Payment |
Learn More |
|---|---|---|---|---|
NMLS ID: 1835285 |
6.774% |
6.750% 0.25 points $803 fees |
$2,076 | Learn More |
NMLS ID: 2059741 |
6.994% |
6.875% 0.63 points $3,901 fees |
$2,103 | Learn More |
NMLS ID: 3030 |
7.451% |
7.375% 0.75 points $2,400 fees |
$2,211 | Learn More |
NMLS ID: Not a Lender |
points fees |
Learn More |
Featured - Ohio Home Equity Line Of Credit Rates 2024
| Lender | APR (%)? | Monthly Payment? | Learn More |
|---|---|---|---|
Third Federal Savings and Loan See Table |
7.490 %
|
$0 |
Learn More
More Info |
Note to FirstCapital Bank of Texas, National Association
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Branches
FirstCapital Bank of Texas, National Association branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.
Your Location:
Columbus,Ohio
Climate Policy and Initiatives
FirstCapital Bank of Texas, National Association is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.
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Financial Details
FirstCapital Bank of Texas, National Association Ratio Analysis
The following ratios and data are available to help you better understand the financial condition of FirstCapital Bank of Texas, National Association. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.
Texas Ratio
| FirstCapital Bank of Texas, National Association | U.S. Bank Average |
|---|---|
| 6.59% | 3.96% |
The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.
As of December 31, 2024, FirstCapital Bank of Texas, National Association had $19,614,000 in non-current loans and $363,000 in owned real estate. To cover these potential losses it had $278,888,000 in equity and $24,358,000 in loans loss reserves. That gives it a Texas Ratio of 6.59%.
Return on Equity
| FirstCapital Bank of Texas, National Association | U.S. Bank Average |
|---|---|
| 15.22% | 12.20% |
FirstCapital Bank of Texas, National Association has a Return on Equity of 15.22% versus the BestCashCow average of 12.20%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.
Capitalization
| FirstCapital Bank of Texas, National Association | U.S. Bank Average |
|---|---|
| 12.91% | 10.76% |
FirstCapital Bank of Texas, National Association has a Capitalization of 12.91% versus the BestCashCow average of 10.76. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.
FirstCapital Bank of Texas, National Association Balance Sheet Analysis
As of March 31, 2023, FirstCapital Bank of Texas, National Association had assets of $2,139,654,000, loans of $1,629,072,000, and deposits of $1,719,519,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.
Summary Balance Sheet
December 31, 2024| ASSETS | |
|---|---|
| Cash & Balances due from depository institutions | $ 92.33 million |
| Interest-bearing balances | $ 68.03 million |
| Total securities | $ 245.38 million |
| Federal funds sold and reverse repurchase | N.A. |
| Net loans and leases | $ 1,629.07 million |
| Loan loss allowance | $ 24.36 million |
| Trading account assets | N.A. |
| Bank premises and fixed assets | N.A. |
| Other real estate owned | $ 0.36 million |
| Goodwill and other intangibles | $ 59.27 million |
| All other assets | $ 83.88 million |
| Total Assets | $ 1,860.77 million |
| LIABILITIES | |
|---|---|
| Total deposits | $ 1,719.52 million |
| Interest-bearing deposits | $ 966.27 million |
| Deposits held in domestic offices | $ 1,719.52 million |
| % insured (estimated) | 60.68% |
| Federal funds purchased and repurchase agreements | $ 66.34 million |
| Trading liabilities | N.A. |
| Other borrowed funds | $ 0.44 million |
| Subordinated debt | N.A. |
| All other liabilities | $ 12.62 million |
| Total Liabilities | $ 1,860.77 million |
| Shareholders’ Equity | $ 300.18 million |
Summary Income Statement
December 31, 2024| INCOME AND EXPENSES | |
|---|---|
| Total Interest Income | $ 27.81 million |
| Total Interest Expense | $ 4.81 million |
| Net interest income | $ 23.00 million |
| Provision for loan and lease losses | $ 0.30 million |
| Total non interest income | $ 1.88 million |
| Total non interest expense | $ 11.36 million |
| Pre-tax Net Operating Income | $ 22.96 million |
Bank Loan Profile?
The top three loan types in FirstCapital Bank of Texas, National Association’s loan portfolio are Commercial Real Estate, Commercial and Industrial Loans, and 1-4 Family Residential Loans.
Compared to other banks, FirstCapital Bank of Texas, National Association’s loan portfolio does not show any specific loan specialty.
Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.
| % Loans |
% Comparison to Other Banks |
|||
|---|---|---|---|---|
| Low | Med | High | ||
| 1-4 Family Residential Loans | 15.80 | ✓ | ||
| Multifamily Mortgages |
3.14 | ✓ | ||
| Credit Card Loans | 0.00 | ✓ | ||
| Consumer Auto Loans | 0.45 | ✓ | ||
| Small Business Loans | 8.15 | ✓ | ||
| Construction and Development Loans | 14.40 | ✓ | ||
| Commercial Real Estate | 36.35 | ✓ | ||
| Commercial and Industrial Loans | 23.08 | ✓ | ||
| Farm Loans | 2.24 | ✓ | ||
Customer Reviews for FirstCapital Bank of Texas, National Association
Lawrence Richardson
June 17, 2022
Whatever you do, do not bank with this bank, especially if you are a trucker! Don't say I didn't warn you!! On this day, they suddenly shut down my business account, for no reason, after 2 years. No phonecall, or email before hand, just an old fashioned letter to my house. Yes a letter, in the digital age! And as an OTR trucker you know you only see your mail once in a while. When I called, they said I gave fraudulent info to open an account, it's just simply not true! Then said the account was labeled as fraudulent, which it is just absolutely not, it's a simple business account for trucking. Their unjustified actions have put me in a terrible position with my staff, and monthly bills, as it takes some time to reopen another business account. With proper digital notice, from this day and age, I could have opened up an account elsewhere and made a suitable transition.
Here's all the reason why you should NOT bank with them if you are a trucker, or anyone for that matter:
1. They are an old fashioned bank, completely out of touch with modern banking, at least 10 years behind.
2. Their app runs days behind in listing your transactions accurately, so no way to keep your budget organized.
3. You can't have more than one person on your business account.
4. Their app/website is frequently down, like 2-3 times a week.
5. They do not reimburse fraudulent charges to your account.
6. They won't block charges you disagree with.
7. PayPal doesn't work too well with them. Transferring money takes several days, but with other banks it's instant.
8. They may suddenly stop banking with you, and shut your account down, without notifying you in the modern way, like by email, text, or a call.
If you bank with them, after you read my review, you are a lunatic.
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