First National Bank of Bosque County

Headquarters

418 Avenue C
Valley Mills, TX 76689
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.01% 1.05% →
1-Year CD 0.31% 0.95% →
2-Year CD 0.42% 1.05% →
5-Year CD 1.53% 2.25% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

First National Bank of Bosque County is an FDIC insured institution located in Valley Mills, TX. It was founded in 1908 and has approximately $0.12 billion in assets. Customers can open an account at one of its 4 branches.

FDIC Insured Yes
FDIC Certificate # 5564
Date Established 1908
Assets $ 123.28 million
Loans $ 89.53 million
Deposits $ 107.74 million
Capital $ 13.85 million
 

For a more detailed analysis of First National Bank of Bosque County's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - September 18, 2020

Your Current Location: Washington, WA 98109

Savings and Money Market Rates APY MIN MAX
Savings
0.01% $2,500 $4,999 Learn More
Money Market
0.04% $2,500 $2,999 Learn More
Money Market
0.05% $10,000 $14,999 Learn More
Money Market
0.06% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.12% $10,000 $14,999 Learn More
3 Mo CD
0.12% $100,000 $199,999 Learn More
6 Mo CD
0.12% $10,000 $14,999 Learn More
6 Mo CD
0.12% $100,000 $199,999 Learn More
12 Mo CD
0.31% $10,000 $14,999 Learn More
12 Mo CD
0.31% $100,000 $199,999 Learn More
24 Mo CD
0.42% $10,000 $14,999 Learn More
24 Mo CD
0.42% $100,000 $199,999 Learn More
36 Mo CD
0.69% $10,000 $14,999 Learn More
36 Mo CD
0.69% $100,000 $199,999 Learn More
48 Mo CD
1.05% $10,000 $14,999 Learn More
48 Mo CD
1.05% $100,000 $199,999 Learn More
60 Mo CD
1.53% $10,000 $14,999 Learn More
60 Mo CD
1.53% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.01% $2,500 $3,499 Learn MoreShow Less

Loan Rates - September 18, 2020

Your Current Location: Washington, WA 98109

There are currently no loan rates available for First National Bank of Bosque County

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Washington 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
4.114% 3.990% 1.00 $3,750 $1,193 Learn More
AimLoan.com
NMLS ID: 2890
License#: 520-CL-25944
2.815% 2.750% 0.88 $2,120 $1,021 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
3.500 %
$25,000 Learn More
More Info

Note to First National Bank of Bosque County
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Branches

First National Bank of Bosque County 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:
Seattle,Washington


First National Bank of Bosque County Locations


Financial Details

First National Bank of Bosque County Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First National Bank of Bosque County. 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
First National Bank of Bosque County U.S. Bank Average
11.26% 6.94%

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 March 31, 2020, First National Bank of Bosque County had $1,682,000 in non-current loans and $29,000 in owned real estate. To cover these potential losses it had $13,845,000 in equity and $1,353,000 in loans loss reserves. That gives it a Texas Ratio of 11.26%.

Return on Equity
First National Bank of Bosque County U.S. Bank Average
12.07% 7.80%

First National Bank of Bosque County has a Return on Equity of 12.07% versus the BestCashCow average of 7.80%. 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
First National Bank of Bosque County U.S. Bank Average
11.23% 12.68%

First National Bank of Bosque County has a Capitalization of 11.23% versus the BestCashCow average of 12.68. 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.

First National Bank of Bosque County Balance Sheet Analysis

As of March 31, 2020, First National Bank of Bosque County had assets of $123,279,000, loans of $89,530,000, and deposits of $107,739,000. 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

March 31, 2020
ASSETS
Cash & Balances due from depository institutions $ 20.63 million
Interest-bearing balances $ 16.22 million
Total securities $ 4.48 million
Federal funds sold and reverse repurchase $ 2.32 million
Net loans and leases $ 89.53 million
Loan loss allowance $ 1.35 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.03 million
Goodwill and other intangibles N.A.
All other assets $ 5.47 million
     Total Assets $ 109.43 million
LIABILITIES
Total deposits $ 107.74 million
      Interest-bearing deposits $ 73.08 million
      Deposits held in domestic offices $ 107.74 million
      % insured (estimated) 90.78%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 1.39 million
Subordinated debt N.A.
All other liabilities $ 0.31 million
      Total Liabilities $ 109.43 million
      Shareholders’ Equity $ 13.85 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 1.27 million
Total Interest Expense $ 0.10 million
Net interest income $ 1.17 million
Provision for loan and lease losses $ 0.03 million
Total non interest income $ 0.23 million
Total non interest expense $ 0.96 million
Pre-tax Net Operating Income $ 0.41 million

Bank Loan Profile?

The top three loan types in First National Bank of Bosque County’s loan portfolio are 1-4 Family Residential Loans, Commercial and Industrial Loans, and Commercial Real Estate.

Compared to other banks in Texas, First National Bank of Bosque County has a significantly higher percent of 1-4 Family Residential Loans on its balance sheet, potentially indicating a specialty in that lending area.

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 41.95
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 5.77
Small Business Loans 0.00
Construction and Development Loans 4.42
Commercial Real Estate 12.00
Commercial and Industrial Loans 18.39
Farm Loans 5.12

Frequently Asked Questions About First National Bank Of Bosque County

Branches and Savings

Is First National Bank Of Bosque County FDIC insured?

Yes. It is covered under FDIC Certificate #5564.

Why does First National Bank Of Bosque County pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are First National Bank Of Bosque County CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is First National Bank Of Bosque County a commercial bank?

Yes

Where are First National Bank Of Bosque County locations?

See branch locations nearby.

Is First National Bank Of Bosque County open on Saturdays?

Is First National Bank Of Bosque County open on Sundays?

What time does First National Bank Of Bosque County open?

What time does First National Bank Of Bosque County close?

Are First National Bank Of Bosque County ATMs Open 24/7?

Do First National Bank Of Bosque County ATMs accept cash deposits?

Can First National Bank Of Bosque County customers use other ATMs?

Do First National Bank Of Bosque County branches have notaries?

Will First National Bank Of Bosque County notarize my document?

What address for First National Bank Of Bosque County should I put for incoming ACH transfers?

Will the First National Bank Of Bosque County branch print checks?

Do First National Bank Of Bosque County checks expire?

Does First National Bank Of Bosque County require US citizenship to open account?

Can First National Bank Of Bosque County close my account?

Does First National Bank Of Bosque County Report to credit bureaus?

Does First National Bank Of Bosque County Use Equifax?

What is First National Bank Of Bosque County's ACH Routing Number?

What is First National Bank Of Bosque County's SWIFT code?

Products

Does First National Bank Of Bosque County offer mortgages?

Compare mortgage rates here.

Does First National Bank Of Bosque County offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does First National Bank Of Bosque County offer personal loans?

Compare personal loan rates here.

Does First National Bank Of Bosque County offer student loans?

Will First National Bank Of Bosque County cash a check?

Will First National Bank Of Bosque County redeem a savings bond?

Does First National Bank Of Bosque County cash savings bonds?

Will First National Bank Of Bosque County cash money orders?

Can First National Bank Of Bosque County issue a money order?

Does First National Bank Of Bosque County do currency exchange?

Background on The Bank

Who owns First National Bank Of Bosque County?

How long has First National Bank Of Bosque County been around?

Can First National Bank Of Bosque County transfer to other banks?

Does First National Bank Of Bosque County have quick pay?

Does First National Bank Of Bosque County accept rolled coins?

Will First National Bank Of Bosque County accept loose change?

Where is First National Bank Of Bosque County headquarters?

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