About Us

Your Community Bank Since 1932.

First National Bank was chartered in 1932 and has been serving The Lake Whitney area since that time.

At First National Bank, your business is appreciated and we strive to prove it by giving you the service you deserve in a community bank with financial strength and stability.

Enjoy the friendly community banking experience at its best. First National Bank, serving the community with strength and giving personal service in Whitney since 1932.

Condition

Assets
Condensed Statement of Condition,December 31,2012
Cash and Due from Banks	$9,271,250.00
Loans	$8,719,067.00
U.S. Government & Agency Securities	$44,636,326.00
Fixed Assets	$127,419.00
Federal Reserve Stock	$162,000.00
Other Assets	$780,867.00
Federal Funds Sold	$850,000.00

Total Assets	$64,546,929.00

Liabilities
Deposits	$58,076,461.00
Accrued Expenses
Federal Funds Purchased	$N/A
Other Liabilites	$-1,562.00
Total Deposits	$58,074,899.00

Equity Capital Accounts
Capital	$200,000.00
Surplus	$2,200,000.00
Undivided Profits	$3,709,000.00
Reserve for Loan Losses	$391,093.00
Unrealized Gain/Loss AFS	$-28,063.00
Total Equity Capital	6,500,093.00

Total Liabilities & Equity	$64,546,929.00

Officers, Directors and Advisory Directors

Officers
G. Michael Farquhar	President
Matt Farquhar	Vice President
C Kevin Offutt	Vice President and Cashier
Laura Duke	Assistant Cashier

Directors
Gene D. Adams	Chairman
James A. Cato
G. Michael Farquhar
Richard D. Johnson
Barry Watson

Advisory Directors
Don G. Cockrell
W.C. Winkleman