Bank of Love County in Marietta, Oklahoma (OK)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 10, 1996

Bank of Love County in Marietta, Oklahoma (OK)
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Bank of Love County - Overview

General
FDIC Certificate #: 24750
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First National Bank and Trust Company of Ardmore (#4037)
Federal Reserve ID: 16757
Date Established: October 24, 1983
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 1 (Interstate: No)
FDIC's unique #: 17176
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: October 24, 1983
Last Structure Change Effective Date: June 10, 1996
Last Structure Change Process Date: July 12, 1996
Last Data Update: July 12, 1996
Data Source Date: April 05, 2012
Location
Address: Highway 32 West, Marietta, OK 73448
County: Love
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
Core Based Statistical Area (CBSA): Ardmore, OK (#11620)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $24.5 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)
$18Total assets
$24,542Cash and due from depository institutions
$878Interest-bearing balances
$0Securities
$1,049Federal funds sold & reverse repurchase agreements
$3,496Net loans & leases
$17,751Loan loss allowance
$158Trading account assets
$0Bank premises and fixed assets
$908Other real estate owned
$32Goodwill and other intangibles
$428Life insurance assets
$0All other assets
$0Total liabilities and capital
$24,542Total liabilities
$21,899Total deposits
$21,640Interest-bearing deposits
$19,195Deposits held in domestic offices
21640.00%% insured (estimated)
$89Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$259Total equity capital
$259Total bank equity capital
$2,643Perpetual preferred stock
$0Common stock
$500Surplus
$1,953Undivided profits
Memoranda
$190Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$223Income earned, not collected on loans
$262Earning assets
$22,296Long-term assets (5+ years)
$712Average Assets, year-to-date
$23,686Average Assets, quarterly
$23,790Volatile liabilities
$3,406Insider loans
$367FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$726Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$2,641Total risk weighted assets
$16,720Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$331Total interest expense
$142Net interest income
$189Provision for loan and lease losses
$60Total noninterest income
$24Fiduciary activities
$0Service charges on deposit accounts
$23Trading account gains & fees
$0Additional noninterest income
$1Total noninterest expense
$164Salaries and employee benefits
$84Premises and equipment expense
$29Additional noninterest expense
$51Pre-tax net operating income
-$11Securities gains (losses)
$0Applicable income taxes
$45Income before extraordinary items
-$56Extraordinary gains - net
$0Net income attributable to bank
-$56Net charge-offs
$3Cash dividends
$0Sale, 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
1.52%Cost of funding earning assets
0.65%Net interest margin
0.87%Noninterest income to earning assets
0.11%Noninterest expense to earning assets
0.75%Net operating income to assets
-0.24%Return on assets (ROA)
-0.24%Pretax return on assets
-0.05%Return on equity (ROE)
-2.46%Retained earnings to average equity (YTD only)
-2.46%Net charge-offs to loans
0.02%Credit loss provision to net charge-offs
2000.00%Efficiency ratio
76,995Assets per employee
1.36%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.88%Loss allowance to noncurrent loans
70.85%Noncurrent assets plus other real estate owned to assets
1.04%Noncurrent loans to loans
1.25%Net loans and leases to deposits
82.03%Net loans and leases to core deposits
97.35%Equity capital to assets
10.77%Core capital (leverage) ratio
10.76%Tier 1 risk-based capital ratio
15.80%Total risk-based capital ratio
Memoranda
$17Average assets
$23,686Average earning assets
$2,273Average equity
$21,742Average loans

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