# FIRST BANK
BURKBURNETT, TX · FDIC certificate 3121 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *ordinary*. Composite score 1 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $703.6M | |
| Deposits | $603.4M | |
| Loans and leases | $582.1M | |
| Total equity | $96.6M | |
| Loans / deposits | 94.50% (p80 of band) | 82.04% |
| Liquid assets / assets | 15.53% (p18 of band) | |
| Uninsured deposits / deposits | 27.31% (p56 of band) | 25.97% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p23 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 13.87% (p85 of band) | 10.81% |
| Unrealized securities loss / equity | -0.08% (p95 of band) | -8.10% |
| AOCI / equity | 0.01% (p80 of band) | |
| ROA (annualized) | 1.89% (p84 of band) | 1.28% |
| Net interest margin | 4.90% (p92 of band) | 3.91% |
| Efficiency ratio | 68.05% (p69 of band) | |
| Noncurrent loans | 0.80% (p67 of band) | 0.43% |
| Net charge-offs (annualized) | 0.04% (p74 of band) | |
| Reserve coverage of noncurrent | 253.79% | |
| Real estate % of loans | 89% | |
| Construction % of loans | 126.49% (p94 of band) | |
| Auto loans | $1.3M (0.22% of loans; DQ 4.62%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 7.5% | |
| Employees | 152 | |

## Flags firing in the latest filing

- **construction >100% equity** (`conc_construction`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 0 |  |  |
| 2011-12 | 0 |  |  |
| 2012-03 | 1 | uninsured deposits leaving |  |
| 2012-06 | 0 |  | uninsured deposits leaving |
| 2012-09 | 0 |  |  |
| 2012-12 | 0 |  |  |
| 2013-03 | 1 | charge-offs p90 |  |
| 2013-06 | 3 | loans exceed deposits, capital falling |  |
| 2013-09 | 2 |  | loans exceed deposits |
| 2013-12 | 1 |  | charge-offs p90 |
| 2014-03 | 1 |  |  |
| 2014-06 | 1 |  |  |
| 2014-09 | 1 |  |  |
| 2014-12 | 0 |  | capital falling |
| 2015-03 | 0 |  |  |
| 2015-06 | 1 | loans exceed deposits |  |
| 2015-09 | 2 | capital falling, construction >100% equity | loans exceed deposits |
| 2015-12 | 0 |  | capital falling, construction >100% equity |
| 2016-03 | 1 | construction >100% equity |  |
| 2016-06 | 3 | loans exceed deposits, liquid assets <10% |  |
| 2016-09 | 1 |  | loans exceed deposits, liquid assets <10% |
| 2016-12 | 1 |  |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 1 |  |  |
| 2017-12 | 3 | loans exceed deposits, liquid assets <10% |  |
| 2018-03 | 3 | assets shrinking | loans exceed deposits |
| 2018-06 | 1 |  | liquid assets <10%, assets shrinking |
| 2018-09 | 1 |  |  |
| 2018-12 | 4 | capital falling, noncurrent p90, reserve under noncurrent |  |
| 2019-03 | 4 | liquid assets <10% | capital falling |
| 2019-06 | 3 |  | liquid assets <10% |
| 2019-09 | 2 | capital falling | noncurrent p90, reserve under noncurrent |
| 2019-12 | 2 |  |  |
| 2020-03 | 1 |  | capital falling |
| 2020-06 | 1 |  |  |
| 2020-09 | 2 | charge-offs p90 |  |
| 2020-12 | 1 |  | charge-offs p90 |
| 2021-03 | 0 |  | construction >100% equity |
| 2021-06 | 3 | loans exceed deposits, liquid assets <10%, construction >100% equity |  |
| 2021-09 | 1 |  | loans exceed deposits, liquid assets <10% |
| 2021-12 | 2 | liquid assets <10% |  |
| 2022-03 | 1 |  | liquid assets <10% |
| 2022-06 | 1 |  |  |
| 2022-09 | 1 |  |  |
| 2022-12 | 1 |  |  |
| 2023-03 | 2 | loans exceed deposits |  |
| 2023-06 | 1 |  | loans exceed deposits |
| 2023-09 | 2 | uninsured deposits leaving |  |
| 2023-12 | 3 | loans exceed deposits |  |
| 2024-03 | 1 |  | uninsured deposits leaving, loans exceed deposits |
| 2024-06 | 2 | charge-offs p90 |  |
| 2024-09 | 1 |  | charge-offs p90 |
| 2024-12 | 3 | loans exceed deposits, liquid assets <10% |  |
| 2025-03 | 2 |  | liquid assets <10% |
| 2025-06 | 3 | capital falling |  |
| 2025-09 | 2 |  | loans exceed deposits |
| 2025-12 | 1 |  | capital falling |
| 2026-03 | 1 |  |  |
| 2026-06 | 1 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-04-10 [First Bank Texas appoints Stan Lambert to board of directors - Fort Worth Report](https://news.google.com/rss/articles/CBMiogFBVV95cUxNeFowcXROdXhXaVBkTWhHUFplNGlGUGpoa0FXdjZPLXVYMDlTN1d3SHFMWFBmTW9GUU43NnRySHVfM2VtcWhJakdVRmJnb0E0clZQZVIwLUN6Y3R4MkhxcWhfS291QnRPanZmVlBTT0ZVU3JwQ3pxMGNDcmtwOXFETFBLbnR3ZklmdHpia2c3clBsTFNKellrbjlxTy0zRTJjeUE?oc=5) · Fort Worth Report
- 2026-08-06 [FIRST FINANCIAL BANK ABILENE REGION ANNOUNCES LEADERSHIP TRANSITION AND EXECUTIVE PROMOTIONS - PR Newswire](https://news.google.com/rss/articles/CBMi4gFBVV95cUxPWDZaTFVHc3djdjQ1ZmFWR2NadExrQWZwVDZ6aHFha0RiVWpzb0h2dG5NZjZ5ck1rdGotWEVSNE1ka05WSldRZXE3YWJRWWZXNWVFc2U1UTJjeE5DZGN3ZThTclNpdVJOT1BMeGFQVno0YWpMZzUyUnNSV3FWVUp5Ml9nN2F3NkQyVzBFQUw4RVg3YmhEbEJNS0YxVXE5bHU5YkFRTDNZbFdxMGZhcklqalBqelZULTUtblotZVVJZE4wT2hWczRFeWQ0MnlURzhCb0E5U3VDUndUZDljVjZubFJ3?oc=5) · PR Newswire
- 2026-04-20 [Texas First Bank now open in Montgomery - Community Impact](https://news.google.com/rss/articles/CBMimwFBVV95cUxOTzRqNjRHdXp1VjF4QlBrbTM3SEJEeGhXZXZWUlgxRGtHSURHemZQaWpnNmpMWndtcmp3T0ZwOWFrN3lFZkhHX2lrUHNRazRwU0xiSm1MTGJycGpyZFN5RkdkYXRpTVNMM0J0bk94RFQ3ZXZuY3gyNVZxYWt5VFZjZkpSeW5EdG13MDJMenVIbmc4NmdUWTVWSzZ4bw?oc=5) · Community Impact
- 2026-03-17 [First Bank Texas Chairman Zan Sharp Prince Appointed to Two Statewide Boards - Fort Worth Inc.](https://news.google.com/rss/articles/CBMilgFBVV95cUxOUE5UTEpBQ3dpR2hOQUYzd1I2Qnh5WGRkMzZzVDdBWW5zeGRKRHNWakoycXlKZ2RScE1NOWRKUUZxLTVFZnFHVXRydWhDdXJXYWFoRDJUbDRNVDVFcERZVjJ6QkdzeUpzNWNnTUhxbERaaUxnU251SkhjZmVHcDNkOER5NWdvdjM0RkRxc3AtRUlVaHlVc2c?oc=5) · Fort Worth Inc.
- 2026-03-19 [Zan Sharp Prince Appointed to Two Prominent Texas Boards - The Business Press](https://news.google.com/rss/articles/CBMimwFBVV95cUxNZy1tMGJzQnY5SlhDOVp1MGdCS0VUR1BlVS0tYWlFRkNFTV8wTkRKMFlpeVRlOE9XbFR4SVBnWmdnZ1ZlWGY4cXRMakprdDlOM1hVbUR1enNoRFotV0x0UGZPa0VpWnMyanRtTzFBd0tWNGM5bzRrLTN5MzhJMFBSVE93YWhudGU1N0RiTGJCYVQ0RndLcTlFaEt4cw?oc=5) · The Business Press
- 2026-04-21 [First Financial Bank Makes Greater Houston Leadership Appointments - ABF Journal](https://news.google.com/rss/articles/CBMimgFBVV95cUxQYzdKS2dscHl4V3h5eVNzOUMzVi16YTBMQko5NUpxTlN5YXRoTHgzVXJ0ZVpmUWUxWi0wc25ZQ1BuSHpKT0xDMzliM01aOVpGdmFmXzZjeFJiV2N6ZVJtdkFORGVIWlRaU05FQUEwbTg0RHVid0dfS0lZMEpGbDVuakNsdHktNHpsbVY5VURqX3FPVlBNdjNDWkp3?oc=5) · ABF Journal
- 2026-04-02 [Southside Bank Taps Veteran Adviser Amy Sutton To Lead North Texas Growth - Fort Worth Inc.](https://news.google.com/rss/articles/CBMilgFBVV95cUxPcUlQTDl3VGRPOXZ0TDYzOTh0SUNLMlpBZ3kyYjFMWk1wVG9ZQ3dMaU9QanU1NlBuYXJKMFBWVWNPTUtVYXhNc3B1N2NxUHRuWlVGUktSOXFCSVRPZENDT0kxMHZVVGFOODdOLUd1enE5eUZiMV84emZoUmVNbi1LYUxGdnE0MFB2bndMZFVuRG1IMjF0RGc?oc=5) · Fort Worth Inc.
- 2025-11-11 [First Bank CEO Williamson bets on AI and Texas expansion amid flat growth over 5 years - The Business Journals](https://news.google.com/rss/articles/CBMipwFBVV95cUxOSVluelBrRk5acE9nbFhxMmdDdDM1UFRuYjZ4V0VBVGtiOV9aLVVYd25Za3FsVERpNTlFZ2t6UlZ6MmtkVXV4YjFIRjR4WlRxdThKRnVwc3RXV3BaeXZLd0ZtY0plWk9GY0pBeno2T25RODVock9uQ2FKV2pvNnIyREZoVVZTWGwzQnJHaEpxU0NBRVFfWmJuX3NLTnYwZUgzN1VNaE40OA?oc=5) · The Business Journals

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=3121 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/49.json (key "3121", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide