American State Bank in Broken Bow, Oklahoma (OK)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 13, 2005

American State Bank in Broken Bow, Oklahoma (OK)
Show street view No street view available for this location

American State Bank - Overview

General
FDIC Certificate #: 22569
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First National Bank (#15616)
Federal Reserve ID: 417158
Date Established: December 15, 1977
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
OTS Docket #: 12372
FDIC's unique #: 15744
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: December 15, 1977
Last Structure Change Effective Date: January 13, 2005
Last Structure Change Process Date: March 03, 2005
Last Data Update: March 03, 2005
Data Source Date: April 05, 2012
Location
Address: 409 South Park Drive, Broken Bow, OK 74728
County: Mccurtain
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Tulsa
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
Financial Summary
Total assets: $44.8 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, 2004)

Dollar figures in thousands
14Total employees (full-time equivalent)
$44,789Total assets
$1,498Cash and due from depository institutions
$8Interest-bearing balances
$16,348Securities
$0Federal funds sold & reverse repurchase agreements
$23,573Net loans & leases
$480Loan loss allowance
$0Trading account assets
$1,733Bank premises and fixed assets
$120Other real estate owned
$650Goodwill and other intangibles
$0Life insurance assets
$867All other assets
$44,789Total liabilities and capital
$35,513Total liabilities
$34,353Total deposits
$29,865Interest-bearing deposits
$34,353Deposits held in domestic offices
0.00%% insured (estimated)
$1,075Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$85All other liabilities
$9,276Total equity capital
$9,276Total bank equity capital
$9,276Perpetual preferred stock
$0Common stock
$500Surplus
$3,286Undivided profits
Memoranda
$5,490Noncurrent loans and leases
$2,255Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$651Earning assets
$0Long-term assets (5+ years)
$292Average Assets, year-to-date
$39,929Average Assets, quarterly
$85Volatile liabilities
$45,757Insider loans
$45,244FHLB advances
$11,194Loans and leases held for sale
$746Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$2,255Total unused commitments
$0Restructured Loans and leases
$327Derivatives

Income and Expense (December 31, 2004)

Dollar figures in thousands
$2,324Total interest income
$578Total interest expense
$1,746Net interest income
$20Provision for loan and lease losses
$292Total noninterest income
$0Fiduciary activities
$253Service charges on deposit accounts
$0Trading account gains & fees
$39Additional noninterest income
$1,051Total noninterest expense
$367Salaries and employee benefits
$209Premises and equipment expense
$475Additional noninterest expense
$967Pre-tax net operating income
$0Securities gains (losses)
$348Applicable income taxes
$619Income before extraordinary items
$0Extraordinary gains - net
$619Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$21Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2004)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.61%Yield on earning assets
1.39%Cost of funding earning assets
4.21%Net interest margin
0.70%Noninterest income to earning assets
2.54%Noninterest expense to earning assets
1.35%Net operating income to assets
1.35%Return on assets (ROA)
2.11%Pretax return on assets
6.87%Return on equity (ROE)
6.87%Retained earnings to average equity (YTD only)
0.08%Net charge-offs to loans
95.24%Credit loss provision to net charge-offs
47.00%Efficiency ratio
51,570Assets per employee
3.20%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.00%Loss allowance to noncurrent loans
73.73%Noncurrent assets plus other real estate owned to assets
1.72%Noncurrent loans to loans
2.71%Net loans and leases to deposits
68.62%Net loans and leases to core deposits
97.27%Equity capital to assets
20.71%Core capital (leverage) ratio
19.97%Tier 1 risk-based capital ratio
33.65%Total risk-based capital ratio
Memoranda
$35Average assets
$45,757Average earning assets
$9,008Average equity
$41,439Average loans

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with American State Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.