Farmers Exchange Bank in city_name, state_name - Detailed Financial Reports, Location

Farmers Exchange Bank in Cherokee, Oklahoma (OK)
Show street view No street view available for this location

Farmers Exchange Bank routing number info

Farmers Exchange Bank - Overview

General
FDIC Certificate #: 15118
Status: Active
Federal Reserve ID: 1002850
Bank Holding Company (Regulatory Top Holder): Farmers Exchange Bancorporation, Inc. (RSSDID: 1060841, Location: Cherokee, OK)
Date Established: March 02, 1935
WWW: http://www.farmereb.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 5 (Domestic: 5, Interstate: No)
OTS Docket #: 16041
FDIC's unique #: 9492
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: May 03, 1935
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
Location
Address: 419 South Grand Street, Cherokee, OK 73728
County: Alfalfa
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
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $153.4 mil
Equity capital: $16.2 mil
Deposits held in domestic offices: $132.3 mil
Return on assets (ROA): 2.41% ($3.7 mil)
Quarterly return on assets: 2.50% ($3.8 mil)
Return on Equity (ROE): 24.83% ($4.0 mil)
Quarterly return on equity: 23.77% ($3.8 mil)
Net income: $3.4 mil
Quarterly Net income: $0.9 mil
Pretax return on assets: 2.41% ($3,697.4 mil)
Quarterly Pretax return on assets: 2.50% ($3,835.5 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
33Total employees (full-time equivalent)
$153,421Total assets
$4,790Cash and due from depository institutions
$2,674Interest-bearing balances
$78,246Securities
$320Federal funds sold & reverse repurchase agreements
$62,100Net loans & leases
$1,321Loan loss allowance
$0Trading account assets
$1,129Bank premises and fixed assets
$0Other real estate owned
$537Goodwill and other intangibles
$153,421Life insurance assets
$6,299All other assets
$137,210Total liabilities and capital
$132,280Total liabilities
$95,418Total deposits
$132,280Interest-bearing deposits
$82Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$4,000Trading liabilities
$0Other borrowed funds
$930Subordinated debt
$16,211All other liabilities
$16,211Total equity capital
$16,211Total bank equity capital
$0Perpetual preferred stock
$250Common stock
$6,194Surplus
$9,767Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,244Income earned, not collected on loans
$0Earning assets
$1,259Long-term assets (5+ years)
$143,340Average Assets, year-to-date
$81,701Average Assets, quarterly
$140,133Volatile liabilities
$150,510Insider loans
$86,272FHLB advances
$149,719Loans and leases held for sale
$3,913Unused loan commitments
$3,913Tier 1 (core) risk-based capital
$12,399Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$23,222Restructured Loans and leases
$3,846Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$6,166Total interest income
$894Total interest expense
$5,272Net interest income
$24Provision for loan and lease losses
$1,321Total noninterest income
$0Fiduciary activities
$507Service charges on deposit accounts
$0Trading account gains & fees
$814Additional noninterest income
$3,514Total noninterest expense
$1,876Salaries and employee benefits
$393Premises and equipment expense
$1,245Additional noninterest expense
$3,055Pre-tax net operating income
$321Securities gains (losses)
$0Applicable income taxes
$3,376Income before extraordinary items
$0Extraordinary gains - net
$3,376Net income attributable to bank
$0Net charge-offs
$3,376Cash dividends
-$83Sale, conversion, retirement of capital stock, net
$937Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.76%Yield on earning assets
0.69%Cost of funding earning assets
4.07%Net interest margin
1.02%Noninterest income to earning assets
2.72%Noninterest expense to earning assets
2.18%Net operating income to assets
2.41%Return on assets (ROA)
2.41%Pretax return on assets
24.83%Return on equity (ROE)
17.94%Retained earnings to average equity (YTD only)
-0.14%Net charge-offs to loans
-28.92%Credit loss provision to net charge-offs
0.00%Efficiency ratio
52,465Assets per employee
4.65%Cash dividends to net income (YTD only)
Condition Ratios (%)
27.75%Loss allowance to loans
2.08%Loss allowance to noncurrent loans
106.19%Noncurrent assets plus other real estate owned to assets
0.81%Noncurrent loans to loans
1.96%Net loans and leases to deposits
46.95%Net loans and leases to core deposits
53.29%Equity capital to assets
10.57%Core capital (leverage) ratio
8.28%Tier 1 risk-based capital ratio
14.37%Total risk-based capital ratio
Memoranda
$16Average assets
$140,133Average earning assets
$13,598Average equity
$129,423Average loans

List of branches

5 Oklahoma Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	9492	Farmers Exchange Bank	419 South Grand Street, Cherokee, OK 73728	March 02, 1935	Full Service Brick and Mortar
1	13651	Tonkawa Branch	111 East Grand Street, Tonkawa, OK 74653	October 08, 1968	Full Service Brick and Mortar
2	249694	Drive-In Branch	116 North 7th Street, Tonkawa, OK 74653	October 08, 1968	Limited Service Facility
3	6090	Wakita Branch	101 South Locust, Wakita, OK 73771	January 01, 1901	Full Service Brick and Mortar
4	2683	Helena Branch	Third And Main Street, Helena, OK 73741	January 01, 1901	Full Service Brick and Mortar

Farmers Exchange Bank in Cherokee, Oklahoma (OK)
Overview, Financial Summary, Detailed Financial Reports, Branches

Farmers Exchange Bank - 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:

Farmers Exchange Bank in Cherokee, Oklahoma (OK)Overview, Financial Summary, Detailed Financial Reports, Branches

Farmers Exchange Bank - 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:

Farmers Exchange Bank in Cherokee, Oklahoma (OK)
Overview, Financial Summary, Detailed Financial Reports, Branches