The First National Bank of McGregor
Also written as FNB of McGregor
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Data as of · sourced from FFIEC call reports. How we update
The First National Bank of McGregor is an FDIC-insured commercial bank headquartered in McGregor, TX, established in 1889 (FDIC certificate 3330), and it is supervised by the OCC. At Q2 2026 it reported total assets of $1.08B, up 9.6% from Q2 2025, the 86th largest of 346 banks headquartered in Texas. Its CET1 capital ratio was 12.06% at Q2 2026, above regulatory requirements.
- Charter
- Commercial bank
- Regulator
- OCC
- Deposit insurance
- FDIC
- FDIC certificate
- 3330
- Headquarters
- McGregor, TX
- Established
- 1889
- Total assets, Q2 2026
- $1.08B
- Assets vs Q2 2025
- +9.6%
- CET1 ratio, Q2 2026
- 12.06%
- Domestic offices
- 6 FDIC institution directory, current count
- Routing number
- 111904480
- Latest call report
- Q2 2026, FFIEC 051 · The First National Bank of McGregor Q3 2026 call report, filed October 23, 2026 (preliminary)
- Holding company
- MCGREGOR BANCSHARES, INC.
- Asset rank in state
- 86th of 346 in Texas
Problem loans are rising at The First National Bank of McGregor. It reported $1.1 billion in assets at June 30, 2026, up 9.6% from a year earlier. Loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 2.66% of loans from 0.71% a year earlier. It pays an average of 3.19% on its deposits and borrowings, higher than about 9 in 10 of the 895 banks with $1 billion to $10 billion in assets (median 2.01%). It also carries problem assets equal to 26.4% of the capital and reserves that would absorb them, 7.4 times the median of 3.6% for banks its size.
Net income for the quarter rose 25% from a year earlier, to $3.2 million. Where it has less room is capital: it funds 9.55% of its assets with Tier 1 capital, lower than about three-quarters of banks its size (median 10.52%).
As of June 30, 2026, The First National Bank of McGregor reported a CET1 capital ratio of 12.06%, a return on assets of 1.23%, a nonperforming-loan ratio of 2.72% and a Texas ratio of 26.41%. The figures come from its call report filed with the FFIEC.
Of the 346 banks headquartered in Texas, The First National Bank of McGregor is the 86th largest by total assets at Q2 2026. Quarter on quarter (Q1 2026 to Q2 2026), its total assets rose 2.7% to $1.08B, loans rose 1.2% and deposits rose 0.3%. 1-4 family residential loans made up 31.7% of its total loans on June 30, 2026, its largest category; next came owner-occupied commercial real estate loans at 24.9%. Its 6 offices in the FDIC Summary of Deposits are in Mc Gregor, TX, Waco, TX and Woodway, TX; its Mc Gregor 2 offices book 67% of its branch deposits. Judged on its Q2 2026 call report, The First National Bank of McGregor meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 401 S Main St, McGregor, TX 76657
- County
- Mclennan
- Metro Area
- Waco, TX
- Charter
- Commercial bank, national (federal) charter, Fed member, OCC-supervised
- Primary Regulator
- OCC
- FDIC Region
- Dallas (Region 13)
- Federal Reserve member
- Yes
- Federal Reserve district
- District 11, Dallas
- Fiduciary (trust) powers
- Full trust powers granted
- Call Report form
- FFIEC 051
- Established
- January 1, 1889
- Domestic offices
- 6 FDIC institution directory, current count
- Employees (FTE)
- 94
- Domestic deposits
- $949.6M
- Allowance for credit losses
- $10.7M
- Net charge-offs (YTD)
- $1.1M
- Average total assets
- $1.02B
- Average total loans
- $799.6M
- Average interest-bearing deposits
- $826.3M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 3330
- Fed RSSD
- 895055
- SEC CIK
- 1731146 → filed by MCGREGOR BANCSHARES, INC.
- Website
- www.tfnbtx.com →
- Parent Holding Company
- MCGREGOR BANCSHARES, INC. (RSSD 4619437)
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. How we compute these figures
Quarterly trends
From Q3 2023 to Q2 2026, The First National Bank of McGregor's total assets ranged from $864.5M (Q4 2023) to $1.08B (Q2 2026), and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$1.08B total assets against $981.7M; $984.8M total liabilities against $892.1M.
$799.0M net loans and leases against $745.6M; $949.6M total deposits against $876.8M.
$66.6M securities against $71.8M; $145.2M cash and balances due against $104.2M.
$17.8M total interest income against $17.4M; $7.4M total interest expense against $7.8M.
$10.3M net interest income against $9.6M.
$878K total noninterest income against $858K; $6.9M total noninterest expense against $6.4M.
$340K provision for credit losses against $875K.
$3.2M net income against $2.5M.
1.23% return on assets against 1.04%; 4.31% net interest margin against 4.22%.
12.06% CET1 capital ratio against 12.97%; 9.55% tier 1 leverage ratio against 10.06%.
Inside the full The First National Bank of McGregor terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeThe First National Bank of McGregor rankings
Its closest position to the top of a national ranking is 87 of 3,640, for Texas Ratio; its furthest is 1,686 of 2,134, for CET1 ratio.
Metric pages for The First National Bank of McGregor: Texas Ratio.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 0.87% (Q3 2024) to 1.41% (Q4 2024) and its net interest margin ran from 3.95% (Q3 2024) to 4.50% (Q3 2025).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 12.06% | 1.23% | 2.72% | 26.41% | 4.31% |
| Q1 2026 | 11.93% | 1.01% | 2.63% | 26.77% | 4.14% |
| Q4 2025 | 11.72% | 0.88% | 1.75% | 20.02% | 4.41% |
| Q3 2025 | 11.99% | 1.25% | 0.63% | 11.80% | 4.50% |
| Q2 2025 | 12.97% | 1.04% | 0.72% | 12.46% | 4.22% |
| Q1 2025 | 12.60% | 1.02% | 0.83% | 12.81% | 3.95% |
| Q4 2024 | 12.49% | 1.41% | 0.55% | 10.73% | 4.18% |
| Q3 2024 | 12.61% | 0.87% | 0.44% | 10.98% | 3.95% |
Swipe the table sideways to see every column.
Branch Network
View all 6 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| South Bosque Branch | Mc Gregor , TX | 76657 | $525.0M |
| Downtown Waco Branch | Waco , TX | 76706 | $229.5M |
| The First National Bank of Mcgregor | Mc Gregor , TX | 76657 | $109.1M |
| Tfnb Triangle Tower Location Branch | Waco , TX | 76710 | $43.1M |
| WoodwayHewitt Location Branch | Woodway , TX | 76712 | $33.1M |
| Waco Branch | Waco , TX | 76704 | $9.9M |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| April 11, 2015 | Structure Change | Acquired Oglesby State Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| April 10, 2015 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 2 events.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in TX, rank 115 of 441 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 163 applications, 153 loans originated, $53.0M originated, across 4 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 4 loans, $3.5M approved, $879K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2025 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about The First National Bank of McGregor
What are The First National Bank of McGregor's total assets?
As of the Q2 2026 filing, The First National Bank of McGregor reported total assets of $1.08 billion in its FFIEC call report.
Where is The First National Bank of McGregor headquartered?
It is headquartered in McGregor, TX, United States.
When was The First National Bank of McGregor founded?
It was established in 1889, per the FDIC institution directory.
Is The First National Bank of McGregor FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #3330). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates The First National Bank of McGregor?
The First National Bank of McGregor's primary federal regulator is the OCC.
What is The First National Bank of McGregor's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 12.06% in its Q2 2026 call report, above regulatory requirements.
How many branches does The First National Bank of McGregor operate?
It operates 6 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is The First National Bank of McGregor's Texas Ratio?
Its Texas Ratio is 26.41% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
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