ACB Bank in city_name, state_name - Detailed Financial Reports, Location

ACB Bank in Cherokee, Oklahoma (OK)
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ACB Bank routing number info

ACB Bank - Overview

General
FDIC Certificate #: 4061
Status: Active
Federal Reserve ID: 266253
Bank Holding Company (Regulatory Top Holder): Alfalfa County Bancshares, Inc. (RSSDID: 1055708, Location: Cherokee, OK)
Date Established: January 29, 1908
WWW: http://www.acbbankonline.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Domestic: 3, Interstate: No)
OTS Docket #: 13760
FDIC's unique #: 2636
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Agricultural lending institution: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: September 22, 2006
Last Structure Change Process Date: October 05, 2006
Last Data Update: October 05, 2006
Data Source Date: April 05, 2012
Location
Address: 323 S Grand Street, Cherokee, OK 73728
County: Alfalfa
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Oklahoma City
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
History of Changes
Office Purchased
Financial Summary
Total assets: $69.0 mil
Equity capital: $6.2 mil
Deposits held in domestic offices: $55.4 mil
Return on assets (ROA): 1.32% ($0.9 mil)
Quarterly return on assets: 0.16% ($0.1 mil)
Return on Equity (ROE): 16.01% ($1.0 mil)
Quarterly return on equity: 1.72% ($0.1 mil)
Net income: $0.9 mil
Quarterly Net income: $0.0 mil
Pretax return on assets: 1.34% ($924.1 mil)
Quarterly Pretax return on assets: 0.16% ($110.3 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

Dollar figures in thousands
18Total employees (full-time equivalent)
$68,961Total assets
$1,353Cash and due from depository institutions
$9Interest-bearing balances
$19,236Securities
$0Federal funds sold & reverse repurchase agreements
$43,187Net loans & leases
$999Loan loss allowance
$0Trading account assets
$1,363Bank premises and fixed assets
$761Other real estate owned
$67Goodwill and other intangibles
$68,961Life insurance assets
$2,994All other assets
$62,732Total liabilities and capital
$55,399Total liabilities
$45,493Total deposits
$55,399Interest-bearing deposits
$87Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$7,058Trading liabilities
$0Other borrowed funds
$275Subordinated debt
$6,229All other liabilities
$6,229Total equity capital
$6,229Total bank equity capital
$0Perpetual preferred stock
$300Common stock
$2,667Surplus
$3,262Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$2,859Income earned, not collected on loans
$2,197Earning assets
$775Long-term assets (5+ years)
$62,432Average Assets, year-to-date
$26,949Average Assets, quarterly
$68,816Volatile liabilities
$68,533Insider loans
$46,633FHLB advances
$67,984Loans and leases held for sale
$1,383Unused loan commitments
$1,383Tier 1 (core) risk-based capital
$5,778Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$6,671Restructured Loans and leases
$9Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$3,442Total interest income
$743Total interest expense
$2,699Net interest income
$190Provision for loan and lease losses
$136Total noninterest income
$0Fiduciary activities
$351Service charges on deposit accounts
$0Trading account gains & fees
-$215Additional noninterest income
$1,828Total noninterest expense
$862Salaries and employee benefits
$189Premises and equipment expense
$777Additional noninterest expense
$817Pre-tax net operating income
$102Securities gains (losses)
$13Applicable income taxes
$906Income before extraordinary items
$0Extraordinary gains - net
$906Net income attributable to bank
$0Net charge-offs
$906Cash dividends
-$13Sale, conversion, retirement of capital stock, net
$100Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.55%Yield on earning assets
1.20%Cost of funding earning assets
4.35%Net interest margin
0.22%Noninterest income to earning assets
2.95%Noninterest expense to earning assets
1.17%Net operating income to assets
1.32%Return on assets (ROA)
1.34%Pretax return on assets
16.01%Return on equity (ROE)
14.25%Retained earnings to average equity (YTD only)
-0.03%Net charge-offs to loans
-1461.54%Credit loss provision to net charge-offs
0.00%Efficiency ratio
62,892Assets per employee
3.83%Cash dividends to net income (YTD only)
Condition Ratios (%)
11.04%Loss allowance to loans
2.26%Loss allowance to noncurrent loans
34.94%Noncurrent assets plus other real estate owned to assets
5.25%Noncurrent loans to loans
6.47%Net loans and leases to deposits
77.96%Net loans and leases to core deposits
87.68%Equity capital to assets
9.03%Core capital (leverage) ratio
8.50%Tier 1 risk-based capital ratio
12.39%Total risk-based capital ratio
Memoranda
$14Average assets
$68,816Average earning assets
$5,658Average equity
$62,064Average loans

List of branches

3 Oklahoma Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	2636	Acb Bank	323 S Grand Street, Cherokee, OK 73728	January 29, 1908	Full Service Brick and Mortar
1	362029	Waukomis Branch	100 N Main Street, Waukomis, OK 73773	September 17, 2001	Full Service Brick and Mortar
2	1548	Garber Branch	323 Main Street, Garber, OK 73738	January 01, 1907	Full Service Brick and Mortar

ACB Bank in Cherokee, Oklahoma (OK)
Overview, Financial Summary, Detailed Financial Reports, Branches

ACB Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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ACB Bank in Cherokee, Oklahoma (OK)Overview, Financial Summary, Detailed Financial Reports, Branches

ACB Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

ACB Bank in Cherokee, Oklahoma (OK)
Overview, Financial Summary, Detailed Financial Reports, Branches