PackageTrendsPeer
Letter portraitLegal landscape

First Bank of Snook

Snook, TX · Cert 22327

FDIC · 38 branches

Q1 2022

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q1 2022, the quarter ended March 31, 2022, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

First Bank of Snook

Snook, TX · Cert 22327

FDIC · 38 branches

Q1 2022

$3.2BAssets
$2.4BLoans
$2.8BDeposits
$360.6MEquity
Loan mix
75%RE $1.2B25%C&I $0.4B0%Consumer $0.0BQ1 2021Q1 2022
Deposit mix
68%Interest-bearing $1.9B32%Noninterest $0.9BQ1 2021Q1 2022

NIM

4.81%Q1 ’204.02%Q1 ’213.71%Q1 ’22-5%-8%

Non-interest income vs. expense

3.32%Q1 ’202.12%Q1 ’212.43%Q1 ’22-41%-15%

Market Position · Houston-The Woodlands-Sugar Land, TX · 2021 SOD (annual) · 0.2% share · #36 of 95 inst. · $0.7B of $333.7B

3.0% Montgomery
4.5% Brazos
0.1% Harris
15.0% De Witt

Executive Summary

  • Earnings: ROA of 1.42%, up 1 bps year over year; NIM at 3.60%.
  • Asset quality: problem loans at 0.18% of loans (-22 bps YoY), with net charge-offs at 0.15%.
  • Capital: tier 1 leverage ratio of 9.53%, down 48 bps from a year ago.
  • Funding: loans stand at 84.76% of deposits as of Q1 2022.

Financial Results

Return on Assets (YTD, annualized)

1.42%+1 bps YoY

Net Interest Margin (YTD, annualized)

3.60%-32 bps YoY

Efficiency Ratio (YTD, annualized)

52.40%+317 bps YoY

Tier 1 Leverage Ratio

9.53%-48 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2021Q2 2021Q3 2021Q4 2021Q1 2022YoY ΔTrend
Earnings
Return on Assets1.41%1.56%1.53%1.48%1.42%+1 bps
Return on Equity11.87%12.81%12.34%11.92%11.93%+6 bps
Net Interest Margin3.93%3.95%3.94%3.72%3.60%-32 bps
Efficiency Ratio49.23%47.33%48.49%49.89%52.40%+317 bps
Non-Interest Burden1.70%1.62%1.70%1.67%1.45%-25 bps
Growth
Asset Growth (YoY)24.53%4.13%7.85%5.77%1.72%-2,281 bps
Loan Growth (YoY)20.34%-6.55%-8.05%-2.76%-2.23%-2,256 bps
Deposit Growth (YoY)25.33%6.90%15.89%12.36%7.11%-1,821 bps
Asset Quality
Nonperforming Loans / Loans0.41%0.33%0.28%0.22%0.18%-22 bps
Net Charge-Offs / Loans0.13%0.17%0.15%0.14%0.15%+2 bps
Allowance / Loans0.67%0.73%0.72%0.70%0.71%+4 bps
Allowance Coverage of NPLs1.6x2.2x2.6x3.2x3.9x+2.2x
Capital
Tier 1 Leverage Ratio10.01%10.51%10.93%10.64%9.53%-48 bps
Total Risk-Based Capital13.58%14.12%14.12%13.46%12.14%-144 bps
Equity / Assets11.81%12.86%12.89%12.66%11.19%-62 bps
Liquidity & Funding
Loans / Deposits92.86%88.02%84.18%83.36%84.76%-810 bps
Liquid Assets / Assets1.27%2.66%5.09%6.68%4.16%+289 bps
CRE / Total Capitaln/an/an/an/an/an/an/a