Bank of Garber in Garber, Oklahoma (OK)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 21, 1996

Bank of Garber in Garber, Oklahoma (OK)
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Bank of Garber - Overview

General
FDIC Certificate #: 2333
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First American Bank (#15296)
Federal Reserve ID: 127251
Date Established: January 01, 1907
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 1 (Interstate: No)
FDIC's unique #: 1548
Numeric code: 13
Regulator: FED
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: January 01, 1934
Last Structure Change Effective Date: September 21, 1996
Last Structure Change Process Date: November 07, 1996
Last Data Update: November 07, 1996
Data Source Date: April 05, 2012
Location
Address: Main Street, Garber, OK 73738
County: Garfield
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): Enid, OK (#2340)
Core Based Statistical Area (CBSA): Enid, OK (#21420)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $4.9 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

Dollar figures in thousands
0Total employees (full-time equivalent)
$4Total assets
$4,815Cash and due from depository institutions
$293Interest-bearing balances
$0Securities
$3,292Federal funds sold & reverse repurchase agreements
$500Net loans & leases
$574Loan loss allowance
$21Trading account assets
$0Bank premises and fixed assets
$4Other real estate owned
$0Goodwill and other intangibles
$152Life insurance assets
$0All other assets
$0Total liabilities and capital
$4,815Total liabilities
$3,939Total deposits
$3,889Interest-bearing deposits
$2,223Deposits held in domestic offices
3889.00%% insured (estimated)
$100Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$50Total equity capital
$50Total bank equity capital
$876Perpetual preferred stock
$0Common stock
$50Surplus
$250Undivided profits
Memoranda
$576Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$6Earning assets
$4,366Long-term assets (5+ years)
$405Average Assets, year-to-date
$4,742Average Assets, quarterly
$4,829Volatile liabilities
$0Insider loans
$84FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$876Total risk weighted assets
$988Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$307Total interest expense
$89Net interest income
$218Provision for loan and lease losses
$1Total noninterest income
$29Fiduciary activities
$0Service charges on deposit accounts
$21Trading account gains & fees
$0Additional noninterest income
$8Total noninterest expense
$219Salaries and employee benefits
$130Premises and equipment expense
$20Additional noninterest expense
$69Pre-tax net operating income
$27Securities gains (losses)
$0Applicable income taxes
$0Income before extraordinary items
$27Extraordinary gains - net
$0Net income attributable to bank
$27Net charge-offs
$1Cash dividends
$10Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1995)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.25%Cost of funding earning assets
2.10%Net interest margin
5.15%Noninterest income to earning assets
0.69%Noninterest expense to earning assets
5.17%Net operating income to assets
0.57%Return on assets (ROA)
0.57%Pretax return on assets
0.57%Return on equity (ROE)
3.12%Retained earnings to average equity (YTD only)
1.96%Net charge-offs to loans
0.17%Credit loss provision to net charge-offs
100.00%Efficiency ratio
88,664Assets per employee
1.20%Cash dividends to net income (YTD only)
Condition Ratios (%)
37.04%Loss allowance to loans
3.53%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
14.76%Net loans and leases to core deposits
14.76%Equity capital to assets
18.19%Core capital (leverage) ratio
17.01%Tier 1 risk-based capital ratio
88.62%Total risk-based capital ratio
Memoranda
$90Average assets
$4,742Average earning assets
$866Average equity
$4,233Average loans

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