Bank of Okolona in city_name, state_name - Detailed Financial Reports, Location

Bank of Okolona in Okolona, Mississippi (MS)
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Bank of Okolona routing number info

Bank of Okolona - Overview

General
FDIC Certificate #: 5902
Status: Active
Federal Reserve ID: 919344
Bank Holding Company (Regulatory Top Holder): Bancorp Of Okolona (RSSDID: 2744326, Location: Okolona, MS)
Date Established: January 31, 1931
WWW: http://www.bankofokolona.com
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 #: 15888
FDIC's unique #: 4023
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: Yes
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: June 02, 2010
Last Structure Change Process Date: June 02, 2010
Last Data Update: June 02, 2010
Data Source Date: April 05, 2012
Location
Address: 227 West Main Street, Okolona, MS 38860
County: Chickasaw
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Jackson Ms
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
History of Changes
Change in Location
Financial Summary
Total assets: $117.0 mil
Equity capital: $13.4 mil
Deposits held in domestic offices: $100.2 mil
Return on assets (ROA): 1.55% ($1.8 mil)
Quarterly return on assets: 1.60% ($1.9 mil)
Return on Equity (ROE): 14.52% ($1.9 mil)
Quarterly return on equity: 14.12% ($1.8 mil)
Net income: $1.8 mil
Quarterly Net income: $0.5 mil
Pretax return on assets: 1.55% ($1,812.8 mil)
Quarterly Pretax return on assets: 1.60% ($1,871.3 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
20Total employees (full-time equivalent)
$116,955Total assets
$3,057Cash and due from depository institutions
$156Interest-bearing balances
$21,574Securities
$16,075Federal funds sold & reverse repurchase agreements
$72,528Net loans & leases
$1,031Loan loss allowance
$0Trading account assets
$1,482Bank premises and fixed assets
$275Other real estate owned
$0Goodwill and other intangibles
$116,955Life insurance assets
$1,964All other assets
$103,601Total liabilities and capital
$100,175Total liabilities
$83,646Total deposits
$100,175Interest-bearing deposits
$86Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$2,895Trading liabilities
$0Other borrowed funds
$531Subordinated debt
$13,354All other liabilities
$13,354Total equity capital
$13,354Total bank equity capital
$0Perpetual preferred stock
$240Common stock
$6,985Surplus
$6,129Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,571Income earned, not collected on loans
$0Earning assets
$1,105Long-term assets (5+ years)
$110,333Average Assets, year-to-date
$26,118Average Assets, quarterly
$114,029Volatile liabilities
$117,305Insider loans
$75,189FHLB advances
$116,493Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$11,888Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$8,413Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$6,177Total interest income
$1,745Total interest expense
$4,432Net interest income
$480Provision for loan and lease losses
$734Total noninterest income
$0Fiduciary activities
$665Service charges on deposit accounts
$0Trading account gains & fees
$69Additional noninterest income
$2,921Total noninterest expense
$1,375Salaries and employee benefits
$240Premises and equipment expense
$1,306Additional noninterest expense
$1,765Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$1,765Income before extraordinary items
$0Extraordinary gains - net
$1,765Net income attributable to bank
$0Net charge-offs
$1,765Cash dividends
$265Sale, conversion, retirement of capital stock, net
$932Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.75%Yield on earning assets
1.63%Cost of funding earning assets
4.13%Net interest margin
0.68%Noninterest income to earning assets
2.72%Noninterest expense to earning assets
1.55%Net operating income to assets
1.55%Return on assets (ROA)
1.55%Pretax return on assets
14.52%Return on equity (ROE)
6.85%Retained earnings to average equity (YTD only)
0.37%Net charge-offs to loans
181.13%Credit loss provision to net charge-offs
8.47%Efficiency ratio
56,543Assets per employee
5.85%Cash dividends to net income (YTD only)
Condition Ratios (%)
52.80%Loss allowance to loans
1.40%Loss allowance to noncurrent loans
65.63%Noncurrent assets plus other real estate owned to assets
1.58%Noncurrent loans to loans
2.14%Net loans and leases to deposits
72.40%Net loans and leases to core deposits
86.67%Equity capital to assets
11.42%Core capital (leverage) ratio
10.20%Tier 1 risk-based capital ratio
15.81%Total risk-based capital ratio
Memoranda
$17Average assets
$114,029Average earning assets
$12,155Average equity
$107,371Average loans

List of branches

2 Mississippi Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	4023	Bank Of Okolona	227 West Main Street, Okolona, MS 38860	January 31, 1931	Full Service Brick and Mortar
1	474215	Houston Branch	321 West Madison Street, Houston, MS 38851	May 05, 2008	Full Service Brick and Mortar

Bank of Okolona in Okolona, Mississippi (MS)
Overview, Financial Summary, Detailed Financial Reports, Branches

Bank of Okolona - 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:

Bank of Okolona in Okolona, Mississippi (MS)Overview, Financial Summary, Detailed Financial Reports, Branches

Bank of Okolona - 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:

Bank of Okolona in Okolona, Mississippi (MS)
Overview, Financial Summary, Detailed Financial Reports, Branches