FDIC Certificate #: 25750 Status: Active Federal Reserve ID: 250850 Bank Holding Company (Regulatory Top Holder): Community Bancshares Of Alva, Inc. (RSSDID: 1249570, Location: Alva, OK) Date Established: July 16, 1984 WWW:http://www.bankalva.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 11911 FDIC's unique #: 17623 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: July 16, 1984 Last Structure Change Effective Date: June 14, 2006 Last Structure Change Process Date: August 01, 2006 Last Data Update: August 01, 2006 Data Source Date: April 05, 2012
Location
Address: 1729 College Boulevard, Alva, OK 73717 County: Woods 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
History of Changes
Name Change
Change in Primary Regulatory Agency
Change in Supervisory Agency
Financial Summary
Total assets: $72.3 mil Equity capital: $7.0 mil Deposits held in domestic offices: $65.0 mil Return on assets (ROA): 1.33% ($1.0 mil) Quarterly return on assets: 1.38% ($1.0 mil) Return on Equity (ROE): 13.74% ($1.0 mil) Quarterly return on equity: 14.29% ($1.0 mil) Net income: $0.9 mil Quarterly Net income: $0.3 mil Pretax return on assets: 1.33% ($962.3 mil) Quarterly Pretax return on assets: 1.38% ($998.4 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
10Total employees (full-time equivalent)
$72,350Total assets
$1,231Cash and due from depository institutions
$5Interest-bearing balances
$35,746Securities
$307Federal funds sold & reverse repurchase agreements
$32,752Net loans & leases
$420Loan loss allowance
$0Trading account assets
$315Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$72,351Life insurance assets
$1,999All other assets
$65,333Total liabilities and capital
$64,990Total liabilities
$55,640Total deposits
$64,990Interest-bearing deposits
$89Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$343Subordinated debt
$7,018All other liabilities
$7,018Total equity capital
$7,018Total bank equity capital
$0Perpetual preferred stock
$1,000Common stock
$1,000Surplus
$5,018Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$374Income earned, not collected on loans
$0Earning assets
$603Long-term assets (5+ years)
$68,810Average Assets, year-to-date
$34,529Average Assets, quarterly
$67,879Volatile liabilities
$72,674Insider loans
$44,841FHLB advances
$72,410Loans and leases held for sale
$599Unused loan commitments
$599Tier 1 (core) risk-based capital
$5,870Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,592Restructured Loans and leases
$891Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$2,838Total interest income
$538Total interest expense
$2,300Net interest income
$0Provision for loan and lease losses
$43Total noninterest income
$0Fiduciary activities
$32Service charges on deposit accounts
$0Trading account gains & fees
$11Additional noninterest income
$1,443Total noninterest expense
$736Salaries and employee benefits
$236Premises and equipment expense
$471Additional noninterest expense
$900Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$900Income before extraordinary items
$0Extraordinary gains - net
$900Net income attributable to bank
$0Net charge-offs
$900Cash dividends
$16Sale, conversion, retirement of capital stock, net
$294Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.40%Yield on earning assets
0.83%Cost of funding earning assets
3.57%Net interest margin
0.07%Noninterest income to earning assets
2.24%Noninterest expense to earning assets
1.33%Net operating income to assets
1.33%Return on assets (ROA)
1.33%Pretax return on assets
13.74%Return on equity (ROE)
9.25%Retained earnings to average equity (YTD only)
0.05%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
56.25%Efficiency ratio
61,588Assets per employee
7.24%Cash dividends to net income (YTD only)
Condition Ratios (%)
32.67%Loss allowance to loans
1.27%Loss allowance to noncurrent loans
112.30%Noncurrent assets plus other real estate owned to assets
0.52%Noncurrent loans to loans
1.13%Net loans and leases to deposits
50.40%Net loans and leases to core deposits
57.00%Equity capital to assets
9.70%Core capital (leverage) ratio
8.11%Tier 1 risk-based capital ratio
13.09%Total risk-based capital ratio
Memoranda
$14Average assets
$67,879Average earning assets
$6,549Average equity
$64,511Average loans
List of branches
1 Oklahoma Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
17623
Community Bank
1729 College Boulevard, Alva, OK 73717
July 16, 1984
Full Service Brick and Mortar
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 Community 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.
Comment about this bank, ask questions, or add new information about it: