About First National Bank of Eastern Arkansas

First National Bank of Eastern Arkansas was established on 1886. The bank's headquarters are located at 101 North Washington Street in Forrest City, Arkansas.

First National Bank of Eastern Arkansas is an FDIC insured bank with FDIC number 3863 managing assets to the value of $512,152 as of 12/31/2020.

First National Bank of Eastern Arkansas has a Texas ratio of 2.38%.
The bank Texas Ratio is an indicator of the bank's health developed at RBC Capital Markets to measure a financial institution's credit troubles. The lower the Texas Ratio, the healthier the bank.

About the Bank

2.38%
Texas Ratio
FDIC Certificate #

3863

Active Insured Since #

1/1/1934

Financial Profile

Dollar figures in thousands (000's)

As of 12/31/2020
Total Assets $512,152
Equity Capital $49,829
Total Deposits $459,820
Total Liabilities $462,323
Total Securities $173,036
Net Loans And Leases $216,824
Loan Loss Allowance $3,668
Total Loans And Leases $220,492
YTD (as of 12/31/2020)
Return On Assets 0.98%
Return On Equity 9.65%
Total Interest Income $15,015
Total Interest Expense $1,685
Total Non Interest Income $2,100
Total Non Interest Expense $10,402

Headquarters

101 North Washington Street 72335, Forrest City

First National Bank of Eastern Arkansas branches near me

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Total Loans and Leases Statistics

Total Loans and Leases $220,492 In thousands (000's) * All data provided by fdic.gov updated 12/31/2020

First National Bank of Eastern Arkansas Mortgage Loans Profile

Classic Bank

85.51%

Application Approval Rate

Classic Bank

$79,407

Average Mortgage Loan Amount

Classic Bank

138

Number of Loan Applications

Classic Bank

$139,362

Average Income of Applicants with Approved Loans

Classic Bank

0.00%

Average Cost of Loans

Classic Bank

0.00%

Average Debt to Income Ratio

* All data provided by the Home Mortgage Disclosure Act, at cfpb.gov updated 12/31/2019

Distribution of Mortgage Loans

Top Counties by Number of Mortgage Loan Applications

1 St Francis

Number of Loan Applications
33
Average Loan Amount
$51,786
Approval Rate
84.85%
Average Income of Approved Loans’ Applicants
$88,174

2 Crittenden

Number of Loan Applications
27
Average Loan Amount
$68,750
Approval Rate
88.89%
Average Income of Approved Loans’ Applicants
$262,375

3 Mississippi

Number of Loan Applications
23
Average Loan Amount
$60,909
Approval Rate
95.65%
Average Income of Approved Loans’ Applicants
$161,545

4 Shelby

Number of Loan Applications
16
Average Loan Amount
$148,333
Approval Rate
93.75%
Average Income of Approved Loans’ Applicants
$175,333

5 Lee

Number of Loan Applications
13
Average Loan Amount
$64,091
Approval Rate
84.62%
Average Income of Approved Loans’ Applicants
$131,727

6 Cross

Number of Loan Applications
9
Average Loan Amount
$39,000
Approval Rate
55.56%
Average Income of Approved Loans’ Applicants
$99,200

Top States by Number of Mortgage Loan Applications

1 Arkansas

Number of Loan Applications
121
Average Loan Amount
$66,667
Approval Rate
84.30%
Average Income of Approved Loans’ Applicants
$129,200

2 Tennessee

Number of Loan Applications
16
Average Loan Amount
$148,333
Approval Rate
93.75%
Average Income of Approved Loans’ Applicants
$175,333

3 Mississippi

Number of Loan Applications
1
Average Loan Amount
$345,000
Approval Rate
100.00%
Average Income of Approved Loans’ Applicants
$692,000