First American Bank in Stratford, Oklahoma (OK)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 1994

First American Bank in Stratford, Oklahoma (OK)
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First American Bank - Overview

General
FDIC Certificate #: 4202
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: BancFirst (#27476)
Federal Reserve ID: 440950
Date Established: January 01, 1905
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 2755
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: January 01, 1994
Last Structure Change Process Date: January 26, 1994
Last Data Update: January 26, 1994
Data Source Date: April 05, 2012
Location
Address: 110 West Smith Street, Stratford, OK 74872
County: Garvin
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: $15.0 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$9Total assets
$15,006Cash and due from depository institutions
$977Interest-bearing balances
$0Securities
$6,512Federal funds sold & reverse repurchase agreements
$2,100Net loans & leases
$4,780Loan loss allowance
$109Trading account assets
$0Bank premises and fixed assets
$187Other real estate owned
$228Goodwill and other intangibles
$222Life insurance assets
$0All other assets
$0Total liabilities and capital
$15,006Total liabilities
$13,706Total deposits
$13,679Interest-bearing deposits
$11,354Deposits held in domestic offices
13679.00%% insured (estimated)
$97Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$27Total equity capital
$27Total bank equity capital
$1,300Perpetual preferred stock
$0Common stock
$500Surplus
$500Undivided profits
Memoranda
$300Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$149Income earned, not collected on loans
$109Earning assets
$13,392Long-term assets (5+ years)
$637Average Assets, year-to-date
$14,564Average Assets, quarterly
$14,822Volatile liabilities
$100Insider loans
$42FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$1,300Total risk weighted assets
$5,639Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$920Total interest expense
$312Net interest income
$608Provision for loan and lease losses
$18Total noninterest income
$198Fiduciary activities
$0Service charges on deposit accounts
$123Trading account gains & fees
$0Additional noninterest income
$75Total noninterest expense
$487Salaries and employee benefits
$200Premises and equipment expense
$35Additional noninterest expense
$252Pre-tax net operating income
$301Securities gains (losses)
$0Applicable income taxes
$95Income before extraordinary items
$206Extraordinary gains - net
$0Net income attributable to bank
$206Net charge-offs
$20Cash dividends
$100Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.17%Cost of funding earning assets
2.43%Net interest margin
4.74%Noninterest income to earning assets
1.54%Noninterest expense to earning assets
3.80%Net operating income to assets
1.41%Return on assets (ROA)
1.41%Pretax return on assets
2.07%Return on equity (ROE)
16.28%Retained earnings to average equity (YTD only)
8.38%Net charge-offs to loans
0.39%Credit loss provision to net charge-offs
90.00%Efficiency ratio
60,422Assets per employee
1.67%Cash dividends to net income (YTD only)
Condition Ratios (%)
48.54%Loss allowance to loans
2.23%Loss allowance to noncurrent loans
73.15%Noncurrent assets plus other real estate owned to assets
2.51%Noncurrent loans to loans
3.05%Net loans and leases to deposits
34.94%Net loans and leases to core deposits
35.20%Equity capital to assets
8.66%Core capital (leverage) ratio
8.73%Tier 1 risk-based capital ratio
23.05%Total risk-based capital ratio
Memoranda
$24Average assets
$14,564Average earning assets
$1,265Average equity
$12,830Average loans

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