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

Advantage Bank in Spencer, Oklahoma (OK)
Show street view No street view available for this location

Advantage Bank routing number info

Other nearby banks
First National Bank
First Security Bank and Trust Company
BancFirst
Frontier State Bank
Bank 7
First Fidelity Bank, National Association

Advantage Bank - Overview

General
FDIC Certificate #: 18152
Status: Active
Federal Reserve ID: 438050
Bank Holding Company (Regulatory Top Holder): Spencer Bancshares, Inc. (RSSDID: 1066928, Location: Spencer, OK)
Date Established: November 17, 1913
WWW: http://www.advantagebank.biz
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
OTS Docket #: 15877
FDIC's unique #: 12073
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: Febuary 15, 1960
Last Structure Change Effective Date: November 10, 2011
Last Structure Change Process Date: November 10, 2011
Last Data Update: November 10, 2011
Data Source Date: April 05, 2012
Location
Address: 8001 N.E. 23rd Street, Spencer, OK 73084
County: Oklahoma
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
Metropolitan Statistical Area (MSA): Oklahoma City, OK (#5880)
Combined Statistical Area (CSA): Oklahoma City-Shawnee, OK (#416)
Core Based Statistical Area (CBSA): Oklahoma City, OK (#36420)
CBSA Metro Statistical Area: Oklahoma City, OK (#36420)
History of Changes
Change in Location
Financial Summary
Total assets: $56.1 mil
Equity capital: $6.5 mil
Deposits held in domestic offices: $49.5 mil
Return on assets (ROA): 1.18% ($0.7 mil)
Quarterly return on assets: 1.29% ($0.7 mil)
Return on Equity (ROE): 9.57% ($0.6 mil)
Quarterly return on equity: 10.54% ($0.6 mil)
Net income: $0.6 mil
Quarterly Net income: $0.2 mil
Pretax return on assets: 1.18% ($661.9 mil)
Quarterly Pretax return on assets: 1.29% ($723.6 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
31Total employees (full-time equivalent)
$56,093Total assets
$2,433Cash and due from depository institutions
$0Interest-bearing balances
$14,425Securities
$2,174Federal funds sold & reverse repurchase agreements
$34,250Net loans & leases
$388Loan loss allowance
$0Trading account assets
$1,564Bank premises and fixed assets
$595Other real estate owned
$0Goodwill and other intangibles
$56,093Life insurance assets
$652All other assets
$49,598Total liabilities and capital
$49,512Total liabilities
$38,894Total deposits
$49,512Interest-bearing deposits
$94Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$86Subordinated debt
$6,495All other liabilities
$6,495Total equity capital
$6,495Total bank equity capital
$0Perpetual preferred stock
$337Common stock
$337Surplus
$5,821Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$426Income earned, not collected on loans
$0Earning assets
$252Long-term assets (5+ years)
$50,849Average Assets, year-to-date
$18,797Average Assets, quarterly
$51,696Volatile liabilities
$54,100Insider loans
$37,144FHLB advances
$53,180Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$6,052Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$3,768Restructured Loans and leases
$23Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$2,766Total interest income
$280Total interest expense
$2,486Net interest income
$270Provision for loan and lease losses
$818Total noninterest income
$0Fiduciary activities
$687Service charges on deposit accounts
$0Trading account gains & fees
$131Additional noninterest income
$2,683Total noninterest expense
$1,405Salaries and employee benefits
$366Premises and equipment expense
$912Additional noninterest expense
$351Pre-tax net operating income
$260Securities gains (losses)
$0Applicable income taxes
$611Income before extraordinary items
$0Extraordinary gains - net
$611Net income attributable to bank
$0Net charge-offs
$611Cash dividends
$415Sale, conversion, retirement of capital stock, net
$473Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.87%Yield on earning assets
0.59%Cost of funding earning assets
5.28%Net interest margin
1.74%Noninterest income to earning assets
5.69%Noninterest expense to earning assets
0.68%Net operating income to assets
1.18%Return on assets (ROA)
1.18%Pretax return on assets
9.57%Return on equity (ROE)
2.16%Retained earnings to average equity (YTD only)
1.25%Net charge-offs to loans
65.06%Credit loss provision to net charge-offs
1.50%Efficiency ratio
81,205Assets per employee
1.81%Cash dividends to net income (YTD only)
Condition Ratios (%)
77.41%Loss allowance to loans
1.12%Loss allowance to noncurrent loans
91.08%Noncurrent assets plus other real estate owned to assets
1.82%Noncurrent loans to loans
1.23%Net loans and leases to deposits
69.18%Net loans and leases to core deposits
69.53%Equity capital to assets
11.58%Core capital (leverage) ratio
11.38%Tier 1 risk-based capital ratio
16.29%Total risk-based capital ratio
Memoranda
$17Average assets
$51,696Average earning assets
$6,385Average equity
$47,118Average loans

List of branches

2 Oklahoma Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	12073	Advantage Bank	8001 N.E. 23rd Street, Spencer, OK 73084	November 17, 1913	Full Service Brick and Mortar
2	366285	Midwest City Branch	10100 Se 15th Street, Midwest City, OK 73130	Febuary 10, 2003	Full Service Brick and Mortar

Advantage Bank in Spencer, Oklahoma (OK)
Overview, Financial Summary, Detailed Financial Reports, Branches

Advantage 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:

Advantage Bank in Spencer, Oklahoma (OK)Overview, Financial Summary, Detailed Financial Reports, Branches

Advantage 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:

Advantage Bank in Spencer, Oklahoma (OK)
Overview, Financial Summary, Detailed Financial Reports, Branches