First American Bank, National Association - Overview
General
FDIC Certificate #: 22962 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First American Bank (#15296) Federal Reserve ID: 58159 Date Established: September 29, 1979 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Interstate: No) OTS Docket #: 10365 FDIC's unique #: 16065 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: No Date of Deposit Insurance: September 29, 1979 Last Structure Change Effective Date: November 01, 2000 Last Structure Change Process Date: November 17, 2000 Last Data Update: November 17, 2000 Data Source Date: April 05, 2012
Location
Address: 21st And 22nd Streets On Oklahoma Avenue, Woodward, OK 73801 County: Woodward 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 Core Based Statistical Area (CBSA): Woodward, OK (#49260) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $38.8 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1999)
Dollar figures in thousands
22Total employees (full-time equivalent)
$38,276Total assets
$1,313Cash and due from depository institutions
$0Interest-bearing balances
$7,817Securities
$400Federal funds sold & reverse repurchase agreements
$26,560Net loans & leases
$331Loan loss allowance
$0Trading account assets
$1,188Bank premises and fixed assets
$222Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$776All other assets
$38,276Total liabilities and capital
$35,517Total liabilities
$35,224Total deposits
$31,849Interest-bearing deposits
$35,224Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$161Other borrowed funds
$0Subordinated debt
$132All other liabilities
$2,759Total equity capital
$2,759Total bank equity capital
$2,759Perpetual preferred stock
$0Common stock
$715Surplus
$785Undivided profits
Memoranda
$1,259Noncurrent loans and leases
$4,392Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$276Earning assets
$0Long-term assets (5+ years)
$555Average Assets, year-to-date
$34,777Average Assets, quarterly
$1,955Volatile liabilities
$38,396Insider loans
$38,407FHLB advances
$6,537Loans and leases held for sale
$1,359Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$4,392Total unused commitments
$0Restructured Loans and leases
$331Derivatives
Income and Expense (December 31, 1999)
Dollar figures in thousands
$3,095Total interest income
$1,479Total interest expense
$1,616Net interest income
$145Provision for loan and lease losses
$430Total noninterest income
$0Fiduciary activities
$352Service charges on deposit accounts
$0Trading account gains & fees
$78Additional noninterest income
$1,395Total noninterest expense
$813Salaries and employee benefits
$257Premises and equipment expense
$325Additional noninterest expense
$506Pre-tax net operating income
$30Securities gains (losses)
$190Applicable income taxes
$346Income before extraordinary items
$0Extraordinary gains - net
$346Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$159Sale, conversion, retirement of capital stock, net
$77Net operating income
Performance and Condition Ratios (December 31, 1999)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.92%Yield on earning assets
4.26%Cost of funding earning assets
4.66%Net interest margin
1.24%Noninterest income to earning assets
4.02%Noninterest expense to earning assets
0.85%Net operating income to assets
0.90%Return on assets (ROA)
1.40%Pretax return on assets
12.60%Return on equity (ROE)
9.79%Retained earnings to average equity (YTD only)
0.64%Net charge-offs to loans
91.19%Credit loss provision to net charge-offs
4.09%Efficiency ratio
68,182Assets per employee
1.74%Cash dividends to net income (YTD only)
Condition Ratios (%)
22.25%Loss allowance to loans
1.23%Loss allowance to noncurrent loans
119.93%Noncurrent assets plus other real estate owned to assets
1.30%Noncurrent loans to loans
1.03%Net loans and leases to deposits
75.40%Net loans and leases to core deposits
92.59%Equity capital to assets
7.21%Core capital (leverage) ratio
7.43%Tier 1 risk-based capital ratio
9.17%Total risk-based capital ratio
Memoranda
$10Average assets
$38,396Average earning assets
$2,747Average equity
$34,713Average loans
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