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First United Bank

Dimmitt, TX
IDRSSD: 578255
Total Assets
$2.40B
Latest filing
Total Deposits
$2.12B
Latest filing
Net Interest Margin
4.01%
Profitability
0

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

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Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date03/07/1907
Community BankYes
Ownership TypeNot Mutual
ZIP79027
State and County Number48069
Subchapter S CorporationsYes
Trust PowersFull Trust Powers Granted
Federal Reserve ID Number11
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictDallas
Core Based Statistical Area NameN/A

Operational Info

Number of Employees303
Domestic Offices25
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date02/28/2025
Date of Deposit Insurance01/01/1934
Primary Insurance AgencyDIF
Websitewww.firstunited.bank
Data Updated11/14/2025
CERT12769
Office of The Comptroller District:—
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$2.40B
Total Deposits$2.12B
Total Liabilities$2.17B
Total Equity Capital$229.72M
Net Income$11.43M
Net Loans and Leases$1.48B
Assets Per Employee ($Millions)$8.03M
Bank Premises and Fixed Assets$33.73M
Cash and Balances due from Depository Institutions$144.67M
Deposits Held in Domestic Offices$2.12B

Key Performance Ratios

Return on Assets (ROA)1.92%
Return on Equity (ROE)20.48%
Net Interest Margin4.01%
Efficiency Ratio50.86%
Tier 1 Risk-Based Capital Ratio14.845%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.07%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets9.57%
Earning Assets to total Assets93.11%

Income and Expense

Total Interest Income$33.55M
Total Noninterest Income$3.58M
Total Interest Expense$11.31M
Total Noninterest Expense$14.00M
Net Interest Income$22.25M
Pre-tax Net Operating Income$11.44M
Provision for Credit Losses$393.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$19.45M
Other borrowed funds$25.00M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$22.10M
Total Liabilities and Capital$2.40B

Securities

Securities$646.88M
Available-for-sale debt securities$587.48M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$59.40M
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of First United Bank?
$2.40B as of the latest filing.
How much are First United Bank's total deposits?
$2.12B in total deposits.
Where is First United Bank located?
Dimmitt, TX.
What is the Net Interest Margin?
4.01%.
How many domestic offices does it operate?
25.
When was it established?
03/07/1907.
What is the Return on Assets (ROA)?
1.92%.
How much are total loans and leases?
$1.48B (latest filing).
What is the total interest income (latest filing)?
$33.55M.