First Bank of Owasso in city_name, state_name - Detailed Financial Reports, Location

First Bank of Owasso in Owasso, Oklahoma (OK)
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First Bank of Owasso routing number info

First Bank of Owasso - Overview

General
FDIC Certificate #: 18592
Status: Active
Federal Reserve ID: 637554
Date Established: September 08, 1962
WWW: http://www.firstbank.net
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Domestic: 3, Interstate: No)
FDIC's unique #: 12478
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: September 08, 1962
Last Structure Change Effective Date: November 13, 2009
Last Structure Change Process Date: November 23, 2009
Last Data Update: November 23, 2009
Data Source Date: April 05, 2012
Location
Address: 8601 North Garnett Road, Owasso, OK 74055
County: Tulsa
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Tulsa
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
Metropolitan Statistical Area (MSA): Tulsa, OK (#8560)
Combined Statistical Area (CSA): Tulsa-Bartlesville, OK (#538)
Core Based Statistical Area (CBSA): Tulsa, OK (#46140)
CBSA Metro Statistical Area: Tulsa, OK (#46140)
History of Changes
Change in Location
Financial Summary
Total assets: $204.4 mil
Equity capital: $23.6 mil
Deposits held in domestic offices: $180.5 mil
Return on assets (ROA): 1.35% ($2.8 mil)
Quarterly return on assets: 0.74% ($1.5 mil)
Return on Equity (ROE): 12.53% ($3.0 mil)
Quarterly return on equity: 6.44% ($1.5 mil)
Net income: $2.9 mil
Quarterly Net income: $0.4 mil
Pretax return on assets: 1.35% ($2,759.9 mil)
Quarterly Pretax return on assets: 0.74% ($1,512.8 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
59Total employees (full-time equivalent)
$204,438Total assets
$5,606Cash and due from depository institutions
$8Interest-bearing balances
$5,485Securities
$258Federal funds sold & reverse repurchase agreements
$172,436Net loans & leases
$2,110Loan loss allowance
$0Trading account assets
$16,706Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$204,438Life insurance assets
$3,947All other assets
$180,791Total liabilities and capital
$180,542Total liabilities
$128,503Total deposits
$180,542Interest-bearing deposits
$79Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$249Subordinated debt
$23,647All other liabilities
$23,647Total equity capital
$23,647Total bank equity capital
$0Perpetual preferred stock
$1,097Common stock
$1,084Surplus
$21,466Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,120Income earned, not collected on loans
$0Earning assets
$576Long-term assets (5+ years)
$178,187Average Assets, year-to-date
$1,157Average Assets, quarterly
$211,167Volatile liabilities
$205,714Insider loans
$194,465FHLB advances
$205,607Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$23,567Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$20,114Restructured Loans and leases
$4,345Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$9,625Total interest income
$826Total interest expense
$8,799Net interest income
$1,180Provision for loan and lease losses
$1,768Total noninterest income
$0Fiduciary activities
$468Service charges on deposit accounts
$0Trading account gains & fees
$1,300Additional noninterest income
$6,527Total noninterest expense
$3,544Salaries and employee benefits
$1,085Premises and equipment expense
$1,898Additional noninterest expense
$2,860Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$2,860Income before extraordinary items
$0Extraordinary gains - net
$2,860Net income attributable to bank
$0Net charge-offs
$2,860Cash dividends
$766Sale, conversion, retirement of capital stock, net
$1,119Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.20%Yield on earning assets
0.45%Cost of funding earning assets
4.75%Net interest margin
0.95%Noninterest income to earning assets
3.53%Noninterest expense to earning assets
1.35%Net operating income to assets
1.35%Return on assets (ROA)
1.35%Pretax return on assets
12.53%Return on equity (ROE)
7.63%Retained earnings to average equity (YTD only)
0.43%Net charge-offs to loans
154.05%Credit loss provision to net charge-offs
5.27%Efficiency ratio
61,768Assets per employee
3.47%Cash dividends to net income (YTD only)
Condition Ratios (%)
39.13%Loss allowance to loans
1.21%Loss allowance to noncurrent loans
188.39%Noncurrent assets plus other real estate owned to assets
0.55%Noncurrent loans to loans
0.64%Net loans and leases to deposits
95.51%Net loans and leases to core deposits
97.55%Equity capital to assets
11.57%Core capital (leverage) ratio
11.46%Tier 1 risk-based capital ratio
12.12%Total risk-based capital ratio
Memoranda
$13Average assets
$211,167Average earning assets
$22,824Average equity
$185,147Average loans

List of branches

3 Oklahoma Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	12478	First Bank Of Owasso	8601 North Garnett Road, Owasso, OK 74055	September 08, 1962	Full Service Brick and Mortar
1	245810	Garnett Road Branch	11550 North Garnett Road, Owasso, OK 74055	August 05, 1985	Full Service Brick and Mortar
2	245811	East Side Branch	12814 East 86th Street, Owasso, OK 74055	April 08, 1997	Full Service Brick and Mortar

First Bank of Owasso in Owasso, Oklahoma (OK)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Bank of Owasso - 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:

First Bank of Owasso in Owasso, Oklahoma (OK)Overview, Financial Summary, Detailed Financial Reports, Branches

First Bank of Owasso - 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:

First Bank of Owasso in Owasso, Oklahoma (OK)
Overview, Financial Summary, Detailed Financial Reports, Branches