First National Bank of the Mid-Cities

Headquarters

4009 Airport Freeway
Bedford, TX 76021
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.95% →
1-Year CD N.A. 1.01% →
2-Year CD N.A. 0.95% →
5-Year CD N.A. 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 the Mid-Cities is an FDIC insured institution located in Bedford, TX. It was founded in 1983 and has approximately $0.03 billion in assets.

FDIC Insured Yes
FDIC Certificate # 24355
Date Established 1983
Assets $ 34.56 million
Loans $ 22.27 million
Deposits $ 30.59 million
Capital $ 3.44 million
 

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

Deposit Rates - October 25, 2020

Your Current Location: Washington, WA 98101


Loan Rates - October 25, 2020

Your Current Location: Washington, WA 98101

There are currently no loan rates available for First National Bank of the Mid-Cities

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
AimLoan.com
NMLS ID: 2890
License#: 520-CL-25944
2.575% 2.500% 1.00 $2,470 $988 Learn More
Cascadia Mortgage
NMLS ID: 1505422
License#: NMLS #1505422
2.830% 2.750% 0.63 $2,622 $1,021 Learn More
Rocket Mortgage
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More

Note to First National Bank of the Mid-Cities
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

First National Bank of the Mid-Cities 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 the Mid-Cities Locations


Financial Details

First National Bank of the Mid-Cities Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First National Bank of the Mid-Cities. 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 the Mid-Cities U.S. Bank Average
45.8% 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 the Mid-Cities had $1,337,000 in non-current loans and $342,000 in owned real estate. To cover these potential losses it had $3,439,000 in equity and $227,000 in loans loss reserves. That gives it a Texas Ratio of 45.8%.

Return on Equity
First National Bank of the Mid-Cities U.S. Bank Average
3.95% 7.80%

First National Bank of the Mid-Cities has a Return on Equity of 3.95% 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 the Mid-Cities U.S. Bank Average
9.95% 12.68%

First National Bank of the Mid-Cities has a Capitalization of 9.95% 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 the Mid-Cities Balance Sheet Analysis

As of June 30, 2012, First National Bank of the Mid-Cities had assets of $34,561,000, loans of $22,268,000, and deposits of $30,585,000. 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 N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 22.27 million
Loan loss allowance $ 0.23 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.34 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 30.59 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 34.56 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in First National Bank of the Mid-Cities’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, First National Bank of the Mid-Cities’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 0.00
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 0.00
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Frequently Asked Questions About First National Bank Of The Mid-cities

Branches and Savings

Is First National Bank Of The Mid-cities FDIC insured?

Yes. It is covered under FDIC Certificate #24355.

Why does First National Bank Of The Mid-cities 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 The Mid-cities CD rates not competitive?

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

Is First National Bank Of The Mid-cities a commercial bank?

Yes

Where are First National Bank Of The Mid-cities locations?

See branch locations nearby.

Is First National Bank Of The Mid-cities open on Saturdays?

Is First National Bank Of The Mid-cities open on Sundays?

What time does First National Bank Of The Mid-cities open?

What time does First National Bank Of The Mid-cities close?

Are First National Bank Of The Mid-cities ATMs Open 24/7?

Do First National Bank Of The Mid-cities ATMs accept cash deposits?

Can First National Bank Of The Mid-cities customers use other ATMs?

Do First National Bank Of The Mid-cities branches have notaries?

Will First National Bank Of The Mid-cities notarize my document?

What address for First National Bank Of The Mid-cities should I put for incoming ACH transfers?

Will the First National Bank Of The Mid-cities branch print checks?

Do First National Bank Of The Mid-cities checks expire?

Does First National Bank Of The Mid-cities require US citizenship to open account?

Can First National Bank Of The Mid-cities close my account?

Does First National Bank Of The Mid-cities Report to credit bureaus?

Does First National Bank Of The Mid-cities Use Equifax?

What is First National Bank Of The Mid-cities's ACH Routing Number?

What is First National Bank Of The Mid-cities's SWIFT code?

Products

Does First National Bank Of The Mid-cities offer mortgages?

Compare mortgage rates here.

Does First National Bank Of The Mid-cities offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does First National Bank Of The Mid-cities offer personal loans?

Compare personal loan rates here.

Does First National Bank Of The Mid-cities offer student loans?

Will First National Bank Of The Mid-cities cash a check?

Will First National Bank Of The Mid-cities redeem a savings bond?

Does First National Bank Of The Mid-cities cash savings bonds?

Will First National Bank Of The Mid-cities cash money orders?

Can First National Bank Of The Mid-cities issue a money order?

Does First National Bank Of The Mid-cities do currency exchange?

Background on The Bank

Who owns First National Bank Of The Mid-cities?

How long has First National Bank Of The Mid-cities been around?

Can First National Bank Of The Mid-cities transfer to other banks?

Does First National Bank Of The Mid-cities have quick pay?

Does First National Bank Of The Mid-cities accept rolled coins?

Will First National Bank Of The Mid-cities accept loose change?

Where is First National Bank Of The Mid-cities headquarters?

Customer Reviews for First National Bank of the Mid-Cities

There are currently no comments for First National Bank of the Mid-Cities. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →