Texas First Bank

Texas City, TX
IDRSSD: 473266
Total Assets
$2.32B
Latest filing
Total Deposits
$2.02B
Latest filing
Net Interest Margin
3.79%
Profitability

Locations

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Main Office
Texas First Bank
3232 Palmer Hwy
Texas City, TX 77590
Full Service - Brick and Mortar
Updated 11/14/2025Established 04/23/1982FDIC Certificate 16636

Branches (26)

Page 1 of 4
NameAddressCity / State
Texas First Bank (Main)3232 Palmer HwyTexas City, TX
FIRST TEXAS BANK - HITCHCOCK BRANCH8128 Highway 6Hitchcock, TX
SANTA FE BRANCH12402 Highway 6Santa Fe, TX
PASADENA BRANCH6731 Spencer HwyPasadena, TX
FANNETT BRANCH16831 Highway 124Fannett, TX
LAMARQUE BRANCH3000 Fm 1764 RdLa Marque, TX
GALVESTON BRANCH2401 Broadway StGalveston, TX
PIRATES BEACH BRANCH13701 Fm 3005 RdGalveston, TX
Showing 7 of 26

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

Institution Profile

Institution ClassCommercial bank, state charter, Fed member, supervised by FRB
Primary RegulatorFED
Established Date04/23/1982
Community BankYes
Ownership TypeNot Mutual
ZIP77590
State and County Number48167
Subchapter S CorporationsYes
Trust PowersN/A
Federal Reserve ID Number11
Numeric code13
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictDallas
Core Based Statistical Area NameHouston-The Woodlands-Sugar Land, TX

Operational Info

Number of Employees270
Domestic Offices27
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance04/23/1982
Primary Insurance AgencyDIF
Websitetexasfirst.bank
Data Updated11/14/2025
CERT23799
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$2.32B
Total Deposits$2.02B
Total Liabilities$2.09B
Total Equity Capital$232.08M
Net Income$8.76M
Net Loans and Leases$1.32B
Assets Per Employee ($Millions)$8.66M
Bank Premises and Fixed Assets$33.11M
Cash and Balances due from Depository Institutions$92.72M
Deposits Held in Domestic Offices$2.02B

Key Performance Ratios

Return on Assets (ROA)1.49%
Return on Equity (ROE)15.45%
Net Interest Margin3.79%
Efficiency Ratio61.01%
Tier 1 Risk-Based Capital Ratio14.39%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.06%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets10.003%
Earning Assets to total Assets93.37%

Income and Expense

Total Interest Income$29.53M
Total Noninterest Income$2.63M
Total Interest Expense$8.79M
Total Noninterest Expense$14.29M
Net Interest Income$20.73M
Pre-tax Net Operating Income$8.76M
Provision for Credit Losses$325.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$0
Other borrowed funds$48.83M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$15.21M
Total Liabilities and Capital$2.32B

Securities

Securities$801.74M
Available-for-sale debt securities$314.57M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$487.27M
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Texas First Bank?
$2.32B as of the latest filing.
How much are Texas First Bank's total deposits?
$2.02B in total deposits.
Where is Texas First Bank located?
Texas City, TX.
What is the Net Interest Margin?
3.79%.
How many domestic offices does it operate?
27.
When was it established?
04/23/1982.
What is the Return on Assets (ROA)?
1.49%.
How much are total loans and leases?
$1.32B (latest filing).
What is the total interest income (latest filing)?
$29.53M.