First National Bank in Midwest City, Oklahoma (OK)
Overview, Financial Summary, Detailed Financial Reports, Branches


First National Bank - Overview

  • General
  • FDIC Certificate #: 16127
    Status: Active
    Federal Reserve ID: 839255
    Bank Holding Company (Regulatory Top Holder): First Midwest Acquisition Corporation (RSSDID: 1063619, Location: Midwest City, OK)
    Date Established: June 01, 1943
    WWW: http://www.fnbmwc.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 8 (Domestic: 8, Interstate: No)
    OTS Docket #: 14146
    FDIC's unique #: 10342
    Numeric code: 3
    Regulator: OCC
    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: No
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Other Specialized Lending < 1 Billion
    Date of Deposit Insurance: March 04, 1944
    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: 2911 South Air Depot Boulevard, Midwest City, OK 73110
    County: Oklahoma
    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
    Metropolitan Statistical Area (MSA): Oklahoma City, OK (#5880)
    Combined Statistical Area (CSA): Oklahoma City-Shawnee, OK (#416)
    Core Based Statistical Area (CBSA): Oklahoma City, OK (#36420)
    CBSA Metro Statistical Area: Oklahoma City, OK (#36420)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $432.0 mil
    Equity capital: $50.5 mil
    Deposits held in domestic offices: $371.1 mil
    Return on assets (ROA): 1.15% ($5.0 mil)
    Quarterly return on assets: 1.16% ($5.0 mil)
    Return on Equity (ROE): 10.12% ($5.1 mil)
    Quarterly return on equity: 9.83% ($4.9 mil)
    Net income: $4.9 mil
    Quarterly Net income: $1.2 mil
    Pretax return on assets: 1.15% ($4,967.6 mil)
    Quarterly Pretax return on assets: 1.16% ($5,010.8 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
  • 113Total employees (full-time equivalent)
  • $431,964Total assets
  • $22,770Cash and due from depository institutions
  • $6,379Interest-bearing balances
  • $222,974Securities
  • $27,835Federal funds sold & reverse repurchase agreements
  • $145,219Net loans & leases
  • $2,016Loan loss allowance
  • $0Trading account assets
  • $2,960Bank premises and fixed assets
  • $0Other real estate owned
  • $173Goodwill and other intangibles
  • $431,964Life insurance assets
  • $10,033All other assets
  • $381,500Total liabilities and capital
  • $371,110Total liabilities
  • $306,556Total deposits
  • $371,110Interest-bearing deposits
  • $72Deposits held in domestic offices
  • 9027.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,363Subordinated debt
  • $50,464All other liabilities
  • $50,464Total equity capital
  • $50,464Total bank equity capital
  • $0Perpetual preferred stock
  • $3,000Common stock
  • $3,000Surplus
  • $44,464Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $548Income earned, not collected on loans
  • $0Earning assets
  • $2,079Long-term assets (5+ years)
  • $402,407Average Assets, year-to-date
  • $246,749Average Assets, quarterly
  • $428,326Volatile liabilities
  • $430,342Insider loans
  • $200,124FHLB advances
  • $421,873Loans and leases held for sale
  • $4,763Unused loan commitments
  • $4,763Tier 1 (core) risk-based capital
  • $43,464Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $13,902Restructured Loans and leases
  • $4,012Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $17,066Total interest income
  • $4,293Total interest expense
  • $12,773Net interest income
  • $0Provision for loan and lease losses
  • $3,297Total noninterest income
  • $0Fiduciary activities
  • $2,198Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,099Additional noninterest income
  • $11,264Total noninterest expense
  • $6,558Salaries and employee benefits
  • $1,455Premises and equipment expense
  • $3,251Additional noninterest expense
  • $4,806Pre-tax net operating income
  • $110Securities gains (losses)
  • $0Applicable income taxes
  • $4,916Income before extraordinary items
  • $0Extraordinary gains - net
  • $4,916Net income attributable to bank
  • $0Net charge-offs
  • $4,916Cash dividends
  • $109Sale, conversion, retirement of capital stock, net
  • $2,005Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.27%Yield on earning assets
  • 1.08%Cost of funding earning assets
  • 3.20%Net interest margin
  • 0.83%Noninterest income to earning assets
  • 2.82%Noninterest expense to earning assets
  • 1.12%Net operating income to assets
  • 1.15%Return on assets (ROA)
  • 1.15%Pretax return on assets
  • 10.12%Return on equity (ROE)
  • 5.99%Retained earnings to average equity (YTD only)
  • 0.07%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 44.09%Efficiency ratio
  • 70,093Assets per employee
  • 3.82%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 40.79%Loss allowance to loans
  • 1.37%Loss allowance to noncurrent loans
  • 367.88%Noncurrent assets plus other real estate owned to assets
  • 0.13%Noncurrent loans to loans
  • 0.37%Net loans and leases to deposits
  • 39.13%Net loans and leases to core deposits
  • 42.21%Equity capital to assets
  • 11.68%Core capital (leverage) ratio
  • 10.30%Tier 1 risk-based capital ratio
  • 21.72%Total risk-based capital ratio
  • Memoranda
  • $23Average assets
  • $428,326Average earning assets
  • $48,598Average equity
  • $399,272Average loans

List of branches

  • 8 Oklahoma Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    010342First National Bank2911 South Air Depot Boulevard, Midwest City, OK 73110June 01, 1943Full Service Brick and Mortar
    2237346FacilityBuilding 3001, Tinker Air Force Base, OK 73145Febuary 15, 1956Limited Service Military Facility
    414649Del City Branch4330 S.E. 29th Street, Del City, OK 73115August 13, 1973Full Service Brick and Mortar
    6237348Douglas Blvd Branch1213 Douglas Blvd, Midwest City, OK 73130May 27, 1997Full Service Brick and Mortar
    7237349Choctaw Branch16365 N.E. 23rd Street, Choctaw, OK 73020May 18, 1998Full Service Brick and Mortar
    8237350Harrah Branch20941 Se 29th, Harrah, OK 73045December 11, 1998Full Service Retail
    9453018Tinker BranchBldg 3001, Area C, Tinker Afb, OK 73145March 31, 2006Limited Service Military Facility
    10478499Moore Branch604 South Classen Avenue, Suite G, Moore, OK 73160Febuary 01, 2008Full Service Brick and Mortar

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