FDIC Certificate #: 9876 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First American Bank (#15296) Federal Reserve ID: 399955 Date Established: January 01, 1929 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 6317 Numeric code: 21 Regulator: FDIC 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: July 27, 1999 Last Structure Change Process Date: August 11, 1999 Last Data Update: August 11, 1999 Data Source Date: April 05, 2012
Location
Address: Broadway And Main, Taloga, OK 73667 County: Dewey 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: $16.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
8Total employees (full-time equivalent)
$17,056Total assets
$804Cash and due from depository institutions
$0Interest-bearing balances
$4,005Securities
$900Federal funds sold & reverse repurchase agreements
$10,509Net loans & leases
$88Loan loss allowance
$0Trading account assets
$528Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$310All other assets
$17,056Total liabilities and capital
$15,630Total liabilities
$15,466Total deposits
$14,032Interest-bearing deposits
$15,466Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$164All other liabilities
$1,426Total equity capital
$1,426Total bank equity capital
$1,426Perpetual preferred stock
$0Common stock
$250Surplus
$1,602Undivided profits
Memoranda
$-426Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$43Earning assets
$0Long-term assets (5+ years)
$270Average Assets, year-to-date
$15,414Average Assets, quarterly
$1,918Volatile liabilities
$16,148Insider loans
$16,479FHLB advances
$1,897Loans and leases held for sale
$162Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$693Total unused commitments
$0Restructured Loans and leases
$11,488Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$1,329Total interest income
$559Total interest expense
$770Net interest income
$272Provision for loan and lease losses
$95Total noninterest income
$0Fiduciary activities
$15Service charges on deposit accounts
$0Trading account gains & fees
$80Additional noninterest income
$465Total noninterest expense
$231Salaries and employee benefits
$77Premises and equipment expense
$157Additional noninterest expense
$128Pre-tax net operating income
-$1Securities gains (losses)
$72Applicable income taxes
$55Income before extraordinary items
$0Extraordinary gains - net
$55Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$318Sale, conversion, retirement of capital stock, net
$196Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
9.14%Yield on earning assets
3.84%Cost of funding earning assets
5.30%Net interest margin
0.65%Noninterest income to earning assets
3.20%Noninterest expense to earning assets
0.34%Net operating income to assets
0.34%Return on assets (ROA)
0.79%Pretax return on assets
3.54%Return on equity (ROE)
-9.08%Retained earnings to average equity (YTD only)
3.05%Net charge-offs to loans
85.53%Credit loss provision to net charge-offs
1.26%Efficiency ratio
53,757Assets per employee
2.13%Cash dividends to net income (YTD only)
Condition Ratios (%)
356.36%Loss allowance to loans
0.83%Loss allowance to noncurrent loans
204.65%Noncurrent assets plus other real estate owned to assets
0.25%Noncurrent loans to loans
0.41%Net loans and leases to deposits
67.95%Net loans and leases to core deposits
77.45%Equity capital to assets
8.36%Core capital (leverage) ratio
8.63%Tier 1 risk-based capital ratio
12.27%Total risk-based capital ratio
Memoranda
$13Average assets
$16,148Average earning assets
$1,552Average equity
$14,541Average loans
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