The First National Bank of Sonora, Financial Information

AboutThe First National Bank of Sonora

 Address:
102 East Main Street
Sonora,TX
Sutton County,Texas
 Established:
Jan 1900
 Number of domestic offices:
7
Total assets$496M
Net income$3M
Net income,quarterly$1M
Total deposits$439M
Domestic deposits$439M
Equity capital$46M
ROA0.54%
ROAQ,quarterly0.5%
ROA,pretax0.5%
ROAQ,quarterly,pretax0.5%
ROE5.74%
ROEQ,quarterly5.47%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

The First National Bank of Sonora was organized by E.R. Jackson in 1900, only 10 years after Sonora became a town. The move to organize a bank was deemed foolhardy by some who had already seen two financial institutions fail.

In 1995 the Bank expanded to include a branch in San Angelo, Texas, known as the San Angelo Banking Center, located at 5710 Sherwood Way, and later another branch was opened at 2502 Southland Blvd. In early 2009, we opened a new branch, the Boerne Banking Center, at 122 W. Bandera in Boerne, Texas.

The first report to the Comptroller of the Currency of the condition of the First National Bank was made at the close of business on September 5, 1900, after the institution had been organized less than a month. Resources were shown in total $88,128.87. Total assets as of December 31, 2011 were $313,430,000 with total deposits of $274,506,000 and loans of $192,540,000.

The First National Bank of Sonora / San Angelo Banking Center / Boerne Banking Center, today collectively known as Sonora Bank, continues to be a family owned community bank with many of the descendants of the original Board of Directors serving on the current Board. They are Ronald Cox, Claire Jones, Jo Bess Jackson, Edwin E. Sawyer III, Ben Pool, Israel Pena and Bob Malone.

Home Office Sonora - Sonora Bank

102 E. Main St.
Sonora Texas 76950
United States
Phone Number: (325) 387-3861, (800) 725-3861
Hours: M-F: 9-5 Lobby, 8-5:30 Drive Thru, Saturday: 8-12 Drive Thru