FDIC Certificate #: 4130 Status: Active Federal Reserve ID: 85454 Bank Holding Company (Regulatory Top Holder): Laverne Bancshares, Inc. (RSSDID: 1067251, Location: Laverne, OK) Date Established: January 01, 1922 Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 2694 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: No Asset Concentration Hierarchy: Agricultural Specialization Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: June 01, 2010 Last Structure Change Process Date: June 01, 2010 Last Data Update: June 01, 2010 Data Source Date: April 05, 2012
Location
Address: 11 East Jane Jayroe, Laverne, OK 73848 County: Harper 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
Financial Summary
Total assets: $63.5 mil Equity capital: $9.5 mil Deposits held in domestic offices: $53.5 mil Return on assets (ROA): 1.07% ($0.7 mil) Quarterly return on assets: 0.57% ($0.4 mil) Return on Equity (ROE): 6.78% ($0.7 mil) Quarterly return on equity: 3.67% ($0.4 mil) Net income: $0.6 mil Quarterly Net income: $0.1 mil Pretax return on assets: 1.23% ($781.6 mil) Quarterly Pretax return on assets: 0.39% ($247.8 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2011)
Dollar figures in thousands
17Total employees (full-time equivalent)
$63,545Total assets
$7,584Cash and due from depository institutions
$4,062Interest-bearing balances
$24,639Securities
$9,000Federal funds sold & reverse repurchase agreements
$20,876Net loans & leases
$427Loan loss allowance
$0Trading account assets
$634Bank premises and fixed assets
$15Other real estate owned
$0Goodwill and other intangibles
$63,545Life insurance assets
$797All other assets
$54,023Total liabilities and capital
$53,480Total liabilities
$40,319Total deposits
$53,480Interest-bearing deposits
$92Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$543Subordinated debt
$9,522All other liabilities
$9,522Total equity capital
$9,522Total bank equity capital
$0Perpetual preferred stock
$100Common stock
$150Surplus
$9,272Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$38Income earned, not collected on loans
$0Earning assets
$563Long-term assets (5+ years)
$58,577Average Assets, year-to-date
$20,955Average Assets, quarterly
$59,482Volatile liabilities
$62,441Insider loans
$32,018FHLB advances
$61,707Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$8,922Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$2,753Restructured Loans and leases
$214Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$2,346Total interest income
$281Total interest expense
$2,065Net interest income
$0Provision for loan and lease losses
$296Total noninterest income
$0Fiduciary activities
$180Service charges on deposit accounts
$0Trading account gains & fees
$116Additional noninterest income
$1,709Total noninterest expense
$1,171Salaries and employee benefits
$172Premises and equipment expense
$366Additional noninterest expense
$652Pre-tax net operating income
$79Securities gains (losses)
$94Applicable income taxes
$637Income before extraordinary items
$0Extraordinary gains - net
$637Net income attributable to bank
$0Net charge-offs
$637Cash dividends
-$49Sale, conversion, retirement of capital stock, net
$460Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.29%Yield on earning assets
0.51%Cost of funding earning assets
3.78%Net interest margin
0.54%Noninterest income to earning assets
3.13%Noninterest expense to earning assets
0.96%Net operating income to assets
1.07%Return on assets (ROA)
1.23%Pretax return on assets
6.78%Return on equity (ROE)
1.88%Retained earnings to average equity (YTD only)
-0.22%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
72,385Assets per employee
3.74%Cash dividends to net income (YTD only)
Condition Ratios (%)
72.21%Loss allowance to loans
2.00%Loss allowance to noncurrent loans
1123.68%Noncurrent assets plus other real estate owned to assets
0.08%Noncurrent loans to loans
0.18%Net loans and leases to deposits
39.04%Net loans and leases to core deposits
42.73%Equity capital to assets
14.98%Core capital (leverage) ratio
14.46%Tier 1 risk-based capital ratio
27.87%Total risk-based capital ratio
Memoranda
$29Average assets
$59,482Average earning assets
$9,397Average equity
$54,662Average loans
List of branches
1 Oklahoma Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
2694
Bank Of Laverne
11 East Jane Jayroe, Laverne, OK 73848
January 01, 1922
Full Service Brick and Mortar
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